Consolidation of Cargo Carriers Puts Ocean Freight Industry at ‘Crossroads’
Memphis-based Dunavant Global Logistics Group and Mallory Alexander International Logistics are prime players in the ocean freight business as non-vessel operating common carriers, otherwise known as NVOCCs. And each, according to a consultant who used to work as an executive for one of larger ocean freight lines in the industry, has a strong reputation.
Dunavant Global Logistics Group grows through acquisitions
In Nov. 2016, Dunavant Global Logistics Group announced the acquisition of Alabama-based J.M. Brining Inc., as well as expansions in China.
With every new administration comes some degree of uncertainty when it comes to federal regulations. But after an especially unpredictable campaign season, all eyes are now on the president-elect to see what he’ll do next.
Logistics Sector Preps for Logging Devices
While Memphis’ distribution and logistics sectors continued to prosper in 2016, legislative changes and proposed improvements to the infrastructure of Lamar Avenue were among the year’s top local headlines for the industry.