Container imports on rise at major U.S. ports in August
Although there are still some lingering congestion issues, retailers and logistics services providers are working together to ensure imports flow smoothly to store shelves.
Although there are still some lingering congestion issues, retailers and logistics services providers are working together to ensure imports flow smoothly to store shelves.
The Philadelphia Port Authority hopes to have the marine terminal property under development in 2017.
The American Institute for International Steel reported U.S. steel shipments improved slightly in June from the prior two months, but were still down year-over-year.
The Federal Railroad Administration told House lawmakers in a report that despite seven years of assistance many railroads will miss the Dec. 31 deadline to implement positive trade control.
Worker at APM Terminals at Elizabeth was struck by cargo equipment on Friday.
The British airline says June volume set a record for its main Midwest gateway.
The project adds capacity for the South Texas port as it competes against U.S. and Mexican ports in the Gulf.
The industrial property developer recently broke ground at its Chicago-area intermodal property on a distribution facility for Saddle Creek Logistics Services.
The logistics services provider has recently started operating a 12.5-hectare breakbulk facility at the Port of Rotterdam.
Liner carriers CMA CGM, Hapag-Lloyd, COSCO, MOL, Yang Ming, NYK and “K” Line issued general rate increases.
Con-way Multimodal names sales director and Safeway Trucking appoints VP, while Kennedy/Jenks picks hires consultant and Daseke adds board members.
An Aug. 6 AS Daily news report about the increase of logistics firm mergers and acquisitions during the first half of 2015 should have stated that freight brokerage Coyote Logistics is based in Chicago.
With waterway’s expansion now 93 percent complete, employees task with building the new locks are demanding wage increase.
APM Terminals’ Suez Canal Container Terminal (SCCT) at the northern end of the waterway will be the largest on the Mediterranean, according to the terminal operator.
Spot container rates from Shanghai to Northwest Europe this week saw the largest single week drop ever recorded on the Shanghai Containerized Freight Index.
GF Group, an Italian importer and distributor of fruits and vegetables and the current owner of Reefer Terminal S.p.A. in Vado Ligure, will remain a customer of the terminal, according to a statement from APMT.
Deutsche Post DHL Group reported an 29.3 percent year-over-year decline in consolidated net profits for the second quarter despite a 7.3 percent increase in revenues.
The sale of the airport, owned by New York-based Global Infrastructure Partners and Oaktree Capital, could be valued at as much as 2 billion pounds (U.S. $3.09 billion), according to media reports.
The Korean ocean carrier saw net profits skyrocket year-over-year in the second quarter thanks to the depreciation of the South Korean Won against the U.S. dollar and the sale of Total Terminal International Algeciras’ stocks.
Allport Cargo Services and Keswick Enterprises said the new joint venture, ACS Romania, will benefit customers with domestic transport and international freight forwarding requirements in and out of the country.