Although airfreight volumes dropped 1.2 percent year-over-year in November 2015, they rose 0.9 percent from October 2015.
It is unclear, however, whether the aircraft manufacturer has any plans to actually produce the plane.
Shanghai Pudong International Airport Cargo Terminal Co., Ltd. processed nearly 1.6 million tons of airfreight in 2015 from its base at the Shanghai Pudong International Airport.
Sparrows Point Terminal, the owners of the large Sparrows Point industrial property located near the Port of Baltimore, has been renamed Tradepoint Atlantic.
KLN (Singapore) Pte Ltd, a subsidiary of the third-party logistics service provider, has been awarded a concession to operate inland ports in Yangon and Mandalay.
SEKO Logistics names chief sales officer, while Crane Worldwide Logistics appoints specialized services head and CEVA announces VP of global heath care operations.
Danish shipping giant A.P. Møller-Maersk’s stock has fallen dramatically in the past year as weak global trade growth has hurt its container shipping business and plunging crude prices have affected its normally reliable oil revenues.
Further limiting container “free time,” the amount of time boxes can be stored at ports without charge, at the Port of Long Beach could lead to more congestion and demurrage, according to the National Retail Federation.
Canaveral Port Authority commissioners on Friday unanimously picked Capt. John W. Murray, currently president and chief executive officer of Hapag-Lloyd USA, as the port’s next leader.
Highway carriers will finally face penalties for non-compliance with advanced filing regulations that first went into effect in 2010, following similar mandates for ocean and air.
The London-based shipping consultants said about 5 percent of the global container fleet is laid up, but that number could rise in the second half of 2016.
Import cargo volumes at the nation’s major retail container ports in November grew 6 percent from last year, according to the monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.
Transportation and logistics companies contributed an estimated 23,000 of the total 292,000 jobs added in the United States during month of December, according to the Department of Labor.
Automatic Identification System (AIS) vessel tracking service MarineTraffic has begun supplying geographical positioning data to the Equasis project, according to a statement from the company.
Tugboat workers are expected to carry out 12-hour strikes at the ports of Geelong, Newcastle, Sydney, Melbourne and Brisbane, which could cause cargo delays, according to local media reports.
The world’s largest air cargo handler, Worldwide Flight Services, will acquire Consolidated Aviation Services.
The Salt Lake City, Utah-based third-party logistics provider posted revenues of $451 million for 2015.
A dozen rubber tire gantry cranes will be added this year and in early 2017 at Global Container Terminals’ GCT Deltaport terminal in Port Metro Vancouver as part of an intermodal yard reconfiguration project.
The refrigerated warehousing and logistics specialist finalized the purchase of the Tradewater facility in Atlanta, Ga., for which it had assumed the lease since 2006.
Several ocean carriers issued general rate increases on various trades, while members of the Caribbean Shipowners Association adopted a voluntary guideline for a bunker surcharge reduction.
