Japanese logistics operator Sumitomo Warehouse Co. says it is in advanced negotiations to acquire Weyerhauser’s wholly-owned ocean vessel subsidiary, Westwood Shipping Lines. Sumitomo Warehouse said that it has recently obtained...
Read MoreGrand China Shipping, which launched its first trans-Pacific service in March, is splitting that service into two strings, effectively doubling its capacity in the U.S.-Asia trade. The original Super Pacific Express service will...
Read MoreCompetition from China and Japan has hardly been a threat to Korea’s surging shipbuilding sector so far this year. Many Korean shipbuilders are on pace to easily surpass their annual targets. Hyundai Heavy Industries, the...
Read MoreSeaway International Foods Ltd. of Dartmouth is suing Maersk Canada Inc. for breach of contract over a container-load of Australian beef that went bad when it was mistakenly left in Cleveland, Ohio. “Seaway contracted with...
Read MoreJapan’s auto production and exports suffered record drops of more than 60 percent each in April following the March 11 earthquake and tsunami disaster, an industry group said Tuesday. The damage to the sector has extended...
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