The $562 million transaction will help Singamas shift its business focus to logistics services and the manufacturing and sale of specialized containers.
NYSE-listed Global Ship Lease is reporting improved conditions in the container ship chartering market.
Private equity Wind Point Partners has taken over Kentucky-based A&R Logistics, which plans to continue building resins handling facilities in Charleston and Savannah.
Speakers talked about the negative impact caused by the tariffs during a discussion co-hosted by Tariffs Hurt the Heartland and the Council of the Great Lakes Region.
There is not enough time to front-load shipments if Trump acts later this week.
The Massachusetts Port Authority plans to acquire two additional rubber-tired gantry cranes by year’s end for a total of 16 in operation at Conley Terminal.
Macquarie Infrastructure fund selling facilities to the Singapore-owned terminal operator for an undisclosed price.
Stocks of publicly listed ship owners, particularly in the dry bulk sector, are feeling the fallout of trade tensions.
Toll Global Forwarding has been selected by the Port of Los Angeles to negotiate a lease for a prime warehousing location currently used by NFI’s Cal Cartage unit.
Launching this summer, 360box will introduce a pool of 500 additional 53-foot trailers businesses can reserve for drop-trailer purposes.
The port announced Monday it also set a March record for cargo handled by rail.
Laurent Foloppe, Martin Stoekenbroek and Matthew Harding have new roles.
Implementation of the national agreement, which is retroactive to April 1, is delayed until a supplemental contract with Joint Council 40 is resolved.
Avin International and Nicos I.V. Special Maritime Enterprises were sentenced to pay a $4 million fine for illegally dumping oily bilge in the waters off Houston and Port Arthur.
Public ship owners like Navios Partners saw rates fall due to cuts in Brazilian iron-ore exports.
“Any attempt by the United States to reverse course on IMO 2020 could…potentially backfire on consumers.”
Executives at GasLog Ltd. believe the LNG shipping spot market is set to rebound. Others are not so sure.
Bills in state legislature to limit containerships calling Houston could “crush” economic growth, say International Longshoremen’s Association and USMX.
Connecticut Port Authority partners with wind energy company Ørsted and the electric utility Eversource on $93 million of improvements in New London.
Honors also go to Abdullah Aldubaikhi, Rich Cooper, Robinson carriers, Dayton Freight, DSV, Gebrüder Weiss, IFOY winners, MIQ, Resilience360, TenderEasy and Transporeon.
