Present in 58 countries, the new business will see combined revenue of $1.5bn, based on 2021 figures. Handler NAS, a subsidiary of Agility Public Warehousing – the part of Agility not snapped-up by DSV last year – was initially rebuffed for an offer for 510p ($6.93) per share in February. It fol...

Congressmen Payne, DeFazio, Scott and Costa introduced a new Freight Rail Shipping Fair Market Act, which will seek to address perceived excesses in the American rail sector. A gift to rail unions, after President Joe Biden signed an executive order to prevent strike action last month, the bill seek...

Two senators and two members of the House of Representatives have written to the head of the Surface Transportation Board (STB) expressing concern about potential repercussions from the merger. The STB is reviewing the merger application and is expected to issue its verdict early next year. The poli...

Indian Railways (IR), the public enterprise that governs and operates the country’s rail systems, has again scaled down the haulage subsidies allowed for the movement of empty containers. The rebate scale, reduced from 25% to 15% in April, has this week been revised further, to 10%, through the en...

The new regime begins on 8 August. The shipping line said previous moves to resolve the backlog had proved insufficient, adding: “We had until now focused on draying containers with no activity for more than 14 days. “Unfortunately, persistent congestion continues to impact operations in our key...

The British Port Association’s director of policy and external affairs, Mark Simmonds, said that during the development of now-scrapped border control posts (BCPs), it had been “difficult” to get answers from government on how to proceed. “Officials obviously had a very difficult task and we...

At the Cainiao Open Week forum last week, CEO Wan Lin said: “After so many years, the whole logistics business, including express deliveries, have matured.” Cainiao ships more than four million parcels a day from China, ten-fold growth on 2014, but still lagging behind other e-commerce groups �...

With a proposal for a rule to that effect, the administration is also shifting the stakes in contract negotiations between the railways and unions. “This proposed rule will improve safety for America’s rail passengers – and rail workers – across the country,” said US transport secretary Pe...

Singapore’s Global Centre for Maritime Decarbonisation (GCMD) has launched an $18m supply chain integrity project after fears that some biofuels are leading to deforestation and worse impacts on the environment. As the world bunkering capital, the involvement of Singapore in clarifying the biofuel...

In an earnings call, which showed how wide the Amazon business reaches, there was little of note for the transport and logistics industry. Of the $60bn spent on capital investments, some $15bn went on transport, but no further details were available. CFO Brian Olsavsky said: “For the second quarte...