Port of Tanjung Pelepas sees strong container growth
The Malaysian port posted record throughput volumes for the month of August.
The Malaysian port posted record throughput volumes for the month of August.
Preliminary figures from the Association of Asia Pacific Airlines revealed member airlines moved 5.29 million freight ton kilometers of cargo in August on international scheduled services, a year-over-year drop of 0.3 percent.
The global supply chain services and solutions provider opened a new contract logistics facility in Irapuato, Mexico to support client growth in the automotive and high-tech electronics industries.
The supply chain management and logistics provider will manage Continental’s 21,000-square-meter warehouse at Central Park, Rugby, receiving, storing and transporting around three million tires each year.
Clinton County Port Authority appoints new executive director, while Port Freeport names business development director.
Tensions related to John Walsh’s leadership style and disparaging remarks about people opposed to plans for growing cargo and a freight-rail connection led the Port Canaveral Commission to seek his removal.
A lawsuit from Canadian National Railway accuses a former employee of sharing confidential client information with rival railroad Canadian Pacific, according to multiple media reports.
The Danish shipping conglomerate has also begun a program to buy back $1 billion in company shares over the next year.
Norfolk Southern will change up its senior management with the Oct. 1 retirement of longtime chairman Charles W. “Wick” Moorman.
The 60 percent drop in oil prices in the past year has hurt some sectors of the U.S. economy and tamped down growth, according to Thom Albrecht, transportation analyst at BB&T Capital Markets.
The promise comes after one environmental advocacy group criticized the method of disposal for a former Horizon Lines vessel, the Horizon Trader.
The seasonally adjusted For-Hire Truck Tonnage Index for August 2015 equaled 134.2, a year-over-year increase of 2.1 percent, according to the American Trucking Associations.
U.S.-flagged vessels transported 10.3 percent less raw materials in August compared with last year, as trade was hindered from the MacArthur Lock failure, continued high levels of steel imports and repairs for three 1,000-foot lakers during the month.
U.S. trailer net orders totaled 23,500 units in August, a 15 percent increase from July, according to the latest figures from the freight transportation analyst FTR.
The airfreight carrier will launch the only cargo service between San Jose, Calif. and Europe, effective May 4, 2016.
In addition, the express delivery company shortened its European road transit times to and from Moscow up to 48 hours by connecting Russia via its its Warsaw, Poland hub.
The Australian Maritime Safety Authority banned an Indonesian cargo ship from entering or using any port in Australia for three months.
The forwarder will transport Toyota Material Handling Group’s new line of racking systems from suppliers to the company’s customer sites across Europe.
Meanwhile, lane outages in the existing locks for maintenance could reduce available capacity for vessel traffic by up to 50 percent through the end of the month, according to maritime support services provider Gulf Agency Co.
Sparrows Point Terminal names VP of commercial and trade development, while Fleetgistics appoints operations VP.