Port of Hamburg posts decline in throughput
Although cargo throughput at the German port for the first six months of the year slipped 0.9 percent from the same period in 2015, seaport-hinterland traffic by rail rose 3.9 percent.
Although cargo throughput at the German port for the first six months of the year slipped 0.9 percent from the same period in 2015, seaport-hinterland traffic by rail rose 3.9 percent.
Singapore-based global cargo transportation and logistics company APL Logistics Ltd. launched a joint venture with Arab Global Logistics LLC in Oman.
The Port of Barcelona, Spain saw international containerized imports in the first six months of the year grow 11 percent to 264,624 TEUs compared with the same 2015 period, while exports increased 4 percent to 323,580 TEUs.
Crowley Maritime promotes new vice president of strategy, while Fleet Advantage expands the role of its chief technology officer and CEVA Logistics appoints country manager for Costa Rica.
South Korea’s largest container shipping company’s transported volumes ticked up 1 percent year-over-year in the quarter to 1.17 million TEUs, container revenues tumbled 26.6 percent year-over-year to 1.35 trillion won.
The Obama Administration indicated Friday that within 30 days, it plans to send to Congress the bill that would implement the Trans-Pacific Partnership agreement negotiated and signed by a dozen countries earlier this year.
Trade associations representing air cargo interests and U.S. and European rechargeable battery suppliers on Monday called on governments to more strictly enforce lithium battery safety regulations.
Regional and short line rail group Genesee & Wyoming Inc. has agreed to acquire Worcester, Mass.-based railway Providence and Worcester Railroad Co. for $126 million, according to a joint statement from the companies.
The United Kingdom voted to leave the European Union on June 23, but implementation could take longer than expected as the government is “too chaotic” to start the two-year process in 2017, according to a report from the Sunday Times.
The Southern California port attributed its 7.7 percent year-over-year drop in container volumes in July to high inventory levels and a slow start to the peak season.
Non-asset based logistics company KFS, Inc., which has been in business for over twenty-five years, has been acquired by Business Intelligence Group.
The ship broking and shipping services group saw profits in the first six months of the year more than double to 13 million British pounds compared with the same 2015 period, according to the company’s most recent unaudited financial statements.
The aircraft manufacturer is considering the launch of a passenger-to-freighter conversion program for its Avro RJ jetliner and is seeking customer feedback in an effort to assess market potential, the company said in a statement.
Hamburg Hafen und Logistik AG’s Container Terminal Burchardkai received three new container gantry cranes Sunday, and once they go into operation, the terminal will be able to handle ships with a capacity of 20,000 TEUs and more at two berths.
Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, MOL and Emirates issued rate increases, while members of the Caribbean Shipowners Association issued a peak season surcharge.
Mumbai-based Allcargo Logistics now operates the largest number of offices of any less-than-containerload consolidator in the world, with 300 offices across 160 countries.
Meanwhile, the A.P. Møller – Maersk conglomerate, which includes both Maersk Line and APM Terminals, reported second quarter profits of $118 million, 89 percent below the $1.09 billion in the second quarter of 2015.
Industrial conglomerate Honeywell is reportedly in talks to purchase JDA Software, one of the largest developers of transportation management system and warehouse management system platforms.
The South Florida port and the Florida East Coast Railway educated business groups in Washington, D.C. Wednesday about South Florida’s potential as an export gateway.
The freight broker and third-party logistics provider spent a year developing the app, called Navisphere Carrier, replacing the company’s previous CHRWTrucks version.