The two companies say they’re incorporating FourKites’ freight visibility platform with 3GTMS’ transportation management software into a single, unified offering.
The Hong Kong-based containership lessor’s net earnings fell 22.4 percent for the quarter from the corresponding 2016 period, while revenues fell 8.8 percent thanks to lower average charter rates for vessels that were on short-term charters.
The European Commission announced the approval of the proposed merger between terminal operators PSA and Total Investment Limited for the PSA DGD Deurganck terminal at the Port of Antwerp.
Shipments through the state’s three marine ports on the Ohio River and Lake Michigan reached nearly 5.7 million tons during the first half of the year, according to recent data from the Ports of Indiana.
The Dubai-based express carrier and third-party logistics provider’s net profits, however, dropped 23 percent to 97 million Emirati dirham compared with the second quarter of 2016, according to the company’s most recent financial statements.
The BAT all but died last week, and not a moment too soon for those invested in trade
The U.S. Army Corps of Engineers has awarded the infrastructure project contract at the Soo Locks to Ryba Marine Construction, with a slated completion date of June 2018.
After getting the Virginia Port Authority’s financial house in order, VPA Executive Director and CEO John Reinhart is implementing an aggressive capital expenditure program that will expand capacity and add new berth space for large containerships.
Japanese “safeguard” tariff kicks in on U.S. frozen beef imports, something TPP would have alleviated
U.S. infrastructure is reaching its breaking point – it’ll take public and private commitment to catch up
U.S. to send coal to Ukraine Ukrainian-owned company Centrenergo PJSC will purchase American thermal coal this winter. EC clears PSA terminal acquisition The European Commission has approved the acquisition of joint control over PSA DGD of Belgium by Terminal Investment Ltd of Switzerland and PSA of Singapore. Port Elizabeth Terminal & Warehouse v. Port of […]
OFAC takes aim at Venezuelan President Maduro and his political cohorts, but oil imports untouched
Shipping analyst Johnson Leung is behind Hong Kong-based tech startup 300cubits, which believes blockchain-backed cryptocurrency could finally change the eternal cycle of overbooking and no-shows in container shipping.
The House Energy and Commerce Committee has approved the Safely Ensuring Lives Future Deployment and Research in Vehicle Evolution Act (H.R. 3388), also known as the “SELF DRIVE Act.”
South Carolina Ports Authority has applied for federal approval and funding for a new marine highway to eliminate trucking congestion in the Charleston port area, according to local news source The Post and Courier.
The recent “Petya” cyber attack involving Danish shipping giant A.P. Moller-Maersk should serve as a stark reminder to all companies in the global shipping industry to reexamine existing systems protections and contingency plans.
A Miami-based arbitration board rejected a demand by Spanish-led Grupo Unidos por el Canal consortium for $192.8 million to cover cost overruns during the construction of a third set of locks for the 102-year-old waterway, Reuters reported.
U.S. Customs and Border Protection has appointed Bradley F. Hayes to the position of executive director of trade relations in the Office of the Commissioner.
The Baltic Exchange said it plans to close its freight derivatives platform Baltex on Dec. 29, following a recent announcement by LCH Clearnet that it would end its freight derivative clearing services by the end of the year.
For the six months ended June 30, Matson reported net income of $31 million, or $0.72 per diluted share, compared with $36.1 million, or $0.83 per diluted share, in the same 2016 period, according to the ocean carrier’s most recent financial statements.
