Port, engineering and property giant MMC shrugged off the trade war and economic headwinds to report massive increases in revenues and profits. Analysts issued a “buy” rating.
Integrated logistics provider and ocean carrier Harbour Link saw a boost in revenues but its costs grew too, causing its profits to weaken in the most recent quarter. A weak result in its ocean shipping division was a drag on profit as well.
The Treasury Department agency is closely monitoring vessel name changes used by Venezuelan and Cuban authorities to sidestep U.S. trade sanctions.
Short-sea projects in Norway could lead to worldwide wave of crewless, emissions-free ships.
An Office of the U.S. Trade Representative investigation concludes that a French tax on digital services discriminates against U.S. companies, such as Google, Apple, Facebook and Amazon.
PierPass says long late-afternoon queues at the entrance to container terminals om Los Angeles and Long Beach have been eliminated.
Expert explains why shippers based in the U.S. and beyond should prepare urgently for the worst-case scenario – a no-deal Brexit in 2020.
In a now familiar story, another logistics company – in this case Tiong Nam – reports weaker quarterly results owing to a global trade headwinds. Analysts warn on liquidity pressures.
A U.S. man living in Singapore illegally presented technical information at the Pyongyang Blockchain and Cryptocurrency Conference in April on how North Korea can use blockchain technology to evade sanctions.
Darren Prokop writes about the benefits of economies of scale in maritime shipping; he also writes about the dangers of diseconomies of scale.
Dow Jones Risk & Compliance has 24/7 monitoring and dedicated researchers to track and build detailed profiles of individuals and entities that are subject to economic sanctions.
President Trump cited currency manipulation as the reason to reimpose tariffs on imports from the two South American countries.
Maritime, air and overland trade routes into Europe are being piggybacked by criminal gangs deploying the latest digital supply chain technologies to help meet mushrooming demand for illegal drugs across the European Union (EU), according to a major new report examining the continent’s illicit drugs business. The 2019 EU Drug Markets Report by the EU […]
The Port of Oakland is making improvements to both its roads and ship turning basins so that it can handle increased traffic.
In this week’s round-up of trucking stories from around Australia: truckers slugged by box terminal operators; truckers slugged by tax hikes; truckers slugged by safety regulators; drivers slugged by Queensland politicians; Freightliner Cascadia rolls into the Outback; Linfox buys 90-truck fleet to transport booze.
Peter Levesque is joining Ports America as president next year, after nine years at Modern Terminals in Hong Kong.
When it comes to decarbonization, maritime industry players need to work together to move the ball forward.
Courier, domestic and international logistics company GD Express reported a slowdown in total comprehensive income in its latest quarterly results. The company generated increased revenues but increased costs too. Profits shrank.
