EUROGATE throughput falls 2% in 2015
The container terminal operator handled 14.5 million TEUs at its terminals in 2015, a 2 percent decline from 2014.
The container terminal operator handled 14.5 million TEUs at its terminals in 2015, a 2 percent decline from 2014.
Canadian National Railway has submitted an application to the Canadian Transportation Agency for the approval of its proposed intermodal and logistics hub to be built in Milton, Ont.
The Northern European port system that comprises the Port of Le Havre, the Port of Rouen and the Port of Paris, handled 91.4 million tons of cargo in 2015, a 2.4 percent increase from 2014.
The Chinese container line has a history of using CargoSmart’s operational tools, but this new engagement will focus on customer-facing tools and network optimization.
The railcar leasing company’s revenues and earnings were both down slightly year-over-year in the fourth quarter, but its full year results were almost identical to the previous year.
The company’s new CzarLite XL product is intended to remove discounting complexity in less-than-truckload pricing by re-indexing rates according to market characteristics.
United States Secretary of Commerce Penny Pritzker arrived in Lagos on Monday with a group of executives to explore business opportunities in Nigeria and Rwanda.
The third-party logistics provider has launched its UWL FlexiTank service, a new shipping solution for non-hazardous, liquid bulk cargo.
The polyethylene terephthalate (PET) resin producer decided to further invest in its Corpus Christi, Texas facility.
MOL (America) names new vice president of area operations, while the Port of Houston Authority announces reappointment of commissioner.
Meanwhile, the United States Coast Guard will hold its first Marine Board of Investigation hearing on the largest U.S. maritime tragedy in decades from Feb. 16 through Feb. 26 in Jacksonville, Fla.
Kansas City Southern full-year net income in 2015 was down nearly 4 percent on revenues that fell 6 percent compared to the previous year, according to the company’s most recent financial statements.
Container volumes grew more than 11 percent in Savannah last year and the port authority is investing in further expansion to accommodate even more growth in the near future.
Volume growth in 2016 is unlikely to match the 15 percent growth rate seen last year despite the opening of new, expanded Panama Canal locks, according to the London-based consultant.
Snow and ice from Winter Storm Jonas have paralyzed a giant swath of the United States since Friday, making it difficult for travelers and cargo carriers to get to their destinations.
The commercial aircraft manufacturer will recognize an after-tax charge $569 million ($0.84 per share) in its fourth quarter 2015 financial results, but said the charge will not affect top line revenues.
The Department of Transportation has awarded the funds to seven separate firms for the purpose of maintaining 48 ships in MarAd’s National Defense Reserve Fleet over the next eight years.
On Jan. 18, United Kingdom-based courier services company Rico acquired a majority shareholding in Circle Express, which provides a collection and delivery service that is specifically targeted at the UK airfreight forwarding industry.
The German ocean carrier issued a general rate increase from Northeast Asia to Australia, scheduled to take effect March 1.
3PL veteran starts Allport Cargo Services USA and Suttons Group names new chairman, while Röhlig names Germany ocean cargo manager and Avianca picks interim CEO.