DHL has announced the market launch of CILLOX, the online platform that matches full truck load (FTL) and less-than-truckload (LTL) shipments with available transportation providers.
The dry bulk market's strong end to 2016 is unlikely to last long into 2017, according to the latest research from Maritime Strategies International. In its latest quarterly dry bulk market report, MSI predicts a depressed year for rates in 2017, a year marked by multiple risks to recovery.
DHL eCommerce, a division of Deutsche Post DHL Group, has launched a fulfillment center in Sydney to meet Australian domestic demand for overseas goods ordered by online shoppers, the company says.
As concerns rise over express package thefts, FedEx and Walgreens pharmacies have inked a long-term deal to install 8,000 secure pickup/dropoff locations in pharmacies across the United States.
Singapore-based offshore services company Vallianz has closed its repair and maintenance shipyard in Singapore, and the move will soon be followed by another closure in the region when Hyundai Heavy Industries closes its Gunsan yard.
UPS has bought into the European truckload brokerage sector with purchase of Freightex, a U.K.-based provider of truckload, less-than-truckload, specialized and refrigerated over-the-road services.
Dutch market research firm WorldACD has released strong monthly results for late 2016, calling the most recent peak season the most robust since 2009. November U.S.-dollar yields improved by 3.9 percent over the previous month while volumes increased by 6.9 percent, year-over-year (y-o-y), WorldACD reported.