Canadian Pacific & Maersk in multi-year deal

Universal Logistics Holdings, Inc. has entered the rail terminal services market by acquiring the Parsec group of companies.

As Canada heads towards a nationwide rail strike CN and CPKC have stopped accepting certain cargo types as they prepare their Canadian networks for a full shutdown.

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TX Logistik’s takeover of Exploris Deutschland GmbH makes the Mercitalia Logistics affiliate the second largest rail freight company in Germany. “Our field of operations does not end at national borders, but covers all of Europe,” said Carlo Palasciano, Chief International Officer of Ferrovie dello Stato Italiano Group (FS). TX Logistik is now active in 11 countries.

Maersk Line will take delivery of its first 16,000 TEU capacity dual-fuel methanol-ready ship in January 2024 and it has announced plans to deploy the vessel in its Asia/Europe/Asia network.