Freight transportation shippers and providers are facing a year of uncertain economic growth in a presidential election year filled with “extraordinary” economic, political, and geopolitical uncertainty and risks.

International Container Terminal Services Inc. (ICTSI’s) new terminal, located at Matadi on the Congo River, Democratic Republic of the Congo, is on schedule to open for business in August 2016. The new terminal will deliver purpose-designed container handling capacity coupled with modern general cargo handling and storage facilities.

In a move coinciding with increased ocean shipping complexity, INTTRA has announced that it will collaborate with JDA Software Group Inc. to offer shippers a more transparent management system.

The Boston Consulting Group (BCG) launched xChange, a Web-based marketplace to effectively and environmentally reduce costs and emissions for shipping companies, the firm announced late last year.

Narrow Aisle Ltd, manufacturer of the Flexi range of articulated forklift trucks and other intralogistics solutions, has announced that global sales of its products reached an all-time high in 2015.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that its Freight Transportation Services Index (TSI) dropped 1.0 percent from October to November.

Hermes, consumer delivery specialist in the UK, has confirmed that it enjoyed its busiest and most efficient peak season to date. Throughout December the delivery firm processed 30.3 million parcels, representing a 24% increase on the previous year.

Jacksonville, Fla.-based CSX reported it had fourth quarter revenue of $2.781 billion, which was down 13 percent, or $411 million annually, with earnings per share of $0.48 off 2 percent annually and ahead of Wall Street estimates of $0.46 per share.

According to an analysis carried out by Realogis - the leading German consultancy for logistics and industrial real estate and business parks - take-up of industrial and logistics space by all participants in the Hamburg market reached 540,000 sqm in 2015. T

Both truckload and intermodal pricing finished 2015 with lesser gains, according to the most recent edition of the Truckload and Intermodal Cost Indexes from Cass Information Systems and Avondale Partners, which was released last week.