The southeast Indian port set a record for container volumes record in March, handling a total of 61,390 TEUs during the month.
The Baltic Exchange’s main ocean freight index rose for the twelfth consecutive trading session Wednesday thanks to higher rates for panamax, supramax and handysize dry bulk vessels.
The air cargo terminal operator’s recently inaugurated cool center at Shanghai Pudong International Airport can handle 100,000 tons of temperature-sensitive goods per year.
AAPA elects Port of Pascaguola director incoming chairman, while UPS appoints chief sustainability officer and Flagler Global Logistics names new president.
Crowley Maritime, a pioneer in a trade that is still restricted under laws such as the Helms-Burton Act and Trading with the Enemy Act, has actually seen volumes fall in recent years as Cubans have begun importing more from Brazil, and perhaps Argentina.
The first phase of the “Middle Harbor Project,” due to go into operation this year, will add about 10 percent more container capacity to the nation’s second largest container port and allow Long Beach Container Terminal to handle 18,000-TEU vessels.
The digital platform launched by a startup company two years ago to match shippers with unused capacity in the short-haul truckload and less-than-truckload market has cut its workforce by 50 percent, according to a report from Business Insider.
Box volumes at the Southern California port grew by double digits in the first quarter, but comparisons to last year are colored by the one-time West Coast labor disruption in early 2015.
JaxPort and the Port of New Orleans have new truck-rail transfer facilities that are expected to make more attractive shipping options.
German ocean carriers Hamburg Sud and Hapag-Lloyd are shifting two of their services from one member of the Northwest Seaport Alliance to the other.
The Jacksonville, Fla.-based railway posted net earnings of $356 million on revenues of $2.6 billion for the first quarter of 2016, year-over-year declines of 19 percent and 14 percent, respectively.
The International Monetary Fund cut its 2016 expansion forecast to 3.2 percent as weak exports and slowing investment dim prospects in the U.S., a consumption-tax hike saps growth in Japan, and a slump in prices continues to hobble commodities producers.
The Hong Kong-based logistics services provider entered into a memorandum of understanding to increase its stake in Indev Logistics Pvt. Ltd. from 30 percent to 50 percent.
Overseas shipments rose 11.5 percent in dollar terms in March from a year earlier, compared with a 25 percent slump in February, when factories and offices were closed for a week-long holiday, data showed Wednesday.
Worldwide personal-computer shipments dropped 9.6 percent in the first quarter of 2016, according to a recent report from market research firm Gartner Inc.
Under the agreement, Air Canada Cargo will launch dedicated freighter services from Canada to Latin America and Europe with Cargojet-operated 767-300ER freighter aircraft.
During the month, London Heathrow Airport handled 131,661 metric tons of cargo, a 3.8 percent decline from March 2015.
The logistics services provider opened a new branch office in Miami, Fla. at the beginning of the month.
Meanwhile, Ed DeNike, president of SSA Containers, says truckers picking up import boxes at the Oakland International Container Terminal will need an appointment.
The Dubai-based terminal operator will charge $245 Canadian for boxes arriving at the West Coast ports by truck or rail without verified gross mass data after the new International Maritime Organization rule goes into effect July 1.
