The third-party logistics (3PL) solutions provider will offer 19.33 million shares in an initial public offering for an expected return of $107 million, .
The Middle Eastern transshipment hub port has completed its $35 million expansion project with the delivery of four new super post-Panamax cranes, the terminal stated via social media.
Ports along the St. Lawrence Seaway handled 24.3 million metric tons of cargo between March 20 and Sept. 30, an increase of nearly 3 million metric tons over the same period last year, spurred by strong growth in iron ore shipments.
DB Cargo AG CEO to resign at the end of October; LOC Group appoints CEO and group deputy chairman; and KCS names vice president, health, safety and environmental.
Panel report: restrictions on chicken imports The WTO issued a panel report regarding Indonesian restrictions on chicken imports. Determination regarding steel nails from Vietnam The ITA has determined that the mandatory respondents Truong Vinh Ltd. and Rich State Inc. received countervailable subsidies during the period of review. Rescinding administrative review on PET resin The Department […]
The typical American household could save between $54 to $288 a year if import tariffs, which still “represent a significant friction to trade,” were removed, according to a new report from the U.S. International Trade Commission (ITC).
The update was developed over the past two years by the neighboring ports of Los Angeles and Long Beach, incorporating input from dozens of meetings with industry, regulatory, community and environmental stakeholders.
South Korean ocean carrier Hyundai Merchant Marine (HMM) will offer 120 million new shares at 5,780 won each, according to a report from the Korea Times.
South Carolina Ports Authority handled 539,995 TEUs during the first quarter of its 2018 fiscal year, which ran from July 1 through Sept. 30, up nearly 4 percent year-over-year.
A new study from global technology firm Pitney Bowes has found that online shoppers value ease of access and low costs, leading to the conclusion that retailers should focus their efforts on “delivery experiences.”
Taiwan International Ports Corp. has agreed to renew APL’s lease at the Kaohsiung port terminal for an additional 10 years, the ocean carrier and terminal operator said in a statement.
BBC Chartering and Jumbo, two of the world’s largest heavy-lift vessel fleet operators, have entered into an alliance that will allow the companies to jointly bid for shipper’s cargoes.
The port operator and steel shipper will operate the port’s first bulk and general cargo terminal starting in the second quarter of 2018.
The industrial real estate development and management firm began construction on the CenterPoint Logistics Center-O’Hare on the southern edge of Chicago’s O’Hare industrial submarket.
So far in 2017, the airport has seen a total of 11,787 tons of freight compared to 11,333 tons during the same nine-month period in calendar year 2016.
The refurbished 1920’s schooner Avontuur arrived in Canada after completing its first cargo voyage from France, the first oil-free commercial transatlantic voyage of the 21st century.
Hong Kong International Airport (HKIA) recorded growth in all sectors of airfreight transport, with cargo exports to Europe and Southeast Asia increasing the most during September, according to recent data from the airport.
The German ocean carrier has teamed up with container repositioning management firm Avantida to offer an application that expedites the re-use of import containers for export shipments.
The St. Louis region’s barge industry has handled 500,000 tons per mile, according to the U.S. Army Corps of Engineers (USACE), making the region two-and-a-half times more efficient than its closest competitors.
A new council motion aims to direct members of city staff to review the leases of trucking and warehousing companies operating at the port, and look at the feasibility of denying access to companies that are in violation of labor or employment laws.
