Tank storage company and terminal operator Royal Vopak’s expansion at the Port of Santos will add 16 new tanks, boosting the terminal’s total capacity to 235,000 cubic meters.
The digital freight forwarder is scheduled to open more offices in South America later this year.
The Oklahoman port handled 244,311 tons of cargo during the month, accounting for 21 percent of the total cargo shipped through the McClellan-Kerr Arkansas River Navigation System.
The Port of Virginia names new vice president of ocean carrier sales, while Tiger Cool Express promotes chairman and hires president, and SEKO Logistics appoints president of Aerospace & Aviation division.
Shippers, carriers and terminals swapped accusations in their filings with the Federal Maritime Commission that their positions on detention and demurrage charges are being mischaracterized.
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The Chicago-based technology company, which has been a leading voice in driving acceptance of API connectivity, launched an offering that integrates multimodal data.
The International Monetary Fund yesterday released its latest quarterly World Economic Outlook (WEO) Update, in which it projected the global economy will grow 3.5 percent this year, up from its January projection of 3.4 percent.
The American Maritime Partnership said it supports CBP’s notice published in January that it is revoking previous “letter rulings” that it said are inconsistent with the proper enforcement of coastwise laws, such as the Jones Act.
Airports Council International attributed February’s 7.8 percent year-over-year increase in airfreight volumes to Chinese New Year.
Federal Maritime Commissioner Mario Cordero, who will leave the agency in May to become Port of Long Beach Executive Director, said in addition to its regulatory role, the FMC has become a trade facilitator, fostering the movement of waterborne transport.
The seasonally adjusted For-Hire Truck Tonnage Index fell 1 percent compared with the previous month to a reading of 137.5, following a revised 0.1 percent decline in February, according to the American Trucking Associations.
Proceeds of the offering are expected to be used to fund the acquisition costs of additional dry bulk vessels and general corporate purposes.
Hong Kong-based airline Cathay Pacific and its wholly-owned subsidiary, Cathay Dragon, handled 181,189 metric tons of cargo in March, a 15.4 percent year-over-year increase.
The operating system will digitize Khalifa Bin Salman Port’s maritime services via cargo booking, documentation and vessel movement notifications, TradeArabia reported.
The German technology conglomerate unveiled its plans to set up shop at the site of the Expo 2020 Dubai and will provide all levels of logistical services.
U.S. Senate Minority Leader Charles Schumer, D-N.Y., called on the departments of Transportation and Energy to finish and quickly implement rules mandating that crude oil be made less volatile before being shipped across the country by rail.
United States’ positive track record on FTAs should factor in to current debate, argues former Caterpillar exec
