CMA CGM developing $600M Vietnam container terminals
French container line CMA CGM is partnering with Saigon Newport Corp. on a $600 million container terminal project in northern Vietnam.
French container line CMA CGM is partnering with Saigon Newport Corp. on a $600 million container terminal project in northern Vietnam.
Purolator’s airfreight partner in western Canada is modifying turboprop aircraft for parcel transport as part of a fleet modernization.
Maersk (OTC: AMKBY) and Hapag-Lloyd (OTC: HPGLY) announced new container services from East Asia to the U.S. Port of Long Beach. The additions by the Gemini Cooperation partners, which include the redeployment of at least one ship back into the eastbound trans-Pacific to U.S. West Coast trade, come as carriers scale up during a 90-day […]
Ports in Houston and Corpus Christi reported a rise in cargo volumes during April, while New Orleans posted a slight decrease.
A.P. Moller-Maersk, parent of the world’s second-largest shipping line, said that as of late May it has bought back almost $600 million worth of stock.
Ocean container rates are surging after the tariff ceasefire stoked demand from China to the United States.
Canada Post workers backed away from going on strike, opting instead for a ban on overtime work. But the threat of a strike has already allowed competitors to take parcel business from the national post.
The CEO of Mercado Libre, the dominant e-commerce player in Latin America, has decided to turn control to one of his lieutenants and move to the board room.
The U.S. government says it moved to block a businessman and his two logistics companies from using fake postal labels to ship parcels from China to the United States.
Lufthansa’s cargo subsidiary is gradually taking over cargo management for sister airline ITA Airways, following Lufthansa’s recent investment in the Italian carrier.
The Port of Savannah saw record container traffic for the month of April, the third straight record month for the Georgia gateway.
Postal workers in Canada have threatened to go on strike Friday, which would shut down most delivery services and hurt businesses that depend on Canada Post to fulfill orders.
Microsoft has joined a sustainable aviation fuel program managed by its logistics provider and a major cargo airline.
Zim Integrated Shipping Services Ltd. said better volumes and freight rates boosted profit in the first quarter.
Los Angeles’ port chief doesn’t foresee a “huge surge” of import traffic at the busiest U.S. container hub during the tariff pause.
The U.S. trade representative on Monday will hold a second hearing into proposed port fees on Chinese ships that could add substantial costs to moving cargo through American ports.
The Port of Long Beach, California, saw record container volume as the China-U.S. tariff fight spurred frontloading by importers.
Polar Air Cargo is gone, but another person involved in a criminal conspiracy to defraud the company years ago just got sentenced to two years in prison.
The tariff pause saw Hapag-Lloyd bookings from China to the United States increase 50%.
DHL has added a fourth cold-storage building to its pharmaceutical hub near Frankfurt, Germany.