JAXPORT leaders at the annual State of the Port address report work may be completed two years ahead of the original schedule.
The company held a “Papa-Mama” seminar Thursday about the merits for men to participate in housework and child care.
Widespread jitters in the Australian political and business communities that China may have banned imports of Australian coal now appear to be unfounded. Customs clearance delays at Dalian are happening owing to entirely “normal” reasons and coal cargo can be re-routed around a given port anyway, coal mining and coal transport executives have explained to FreightWaves.
Up-and-coming freight forwarder aims to flip script in how to reach customers and Japanese fund is on board for that.
Restructuring of the global economy means that manufacturers are shifting their production centres nearer to the markets they serve, in a process that Maersk calls reshoring or near-shoring, and poses a risk to the liner industry’s future revenues.
The company says freight rates are higher as it begins contract negotiations with North American shippers.
C.K. Yoo is credited with helping HMM navigate a difficult period and last April was offered a three-year contract extension.
But world’s largest shipping company sees high number of risks going into 2019 with container demand expected to be down from 2018.
The ship, which was damaged by a container fire in early January, currently is at a yard in the Bahamas.
The strategic move positions the company to “more effectively provide economical shipping options for its clients throughout the Midwest and Northeast.”
A study finds year-over-year growth of 8.2 percent for freight traffic and 3.6 percent for number of vessels that transited the waterway.
Sydney-headquartered multi-modal logistics operator Qube has announced “solid” company earnings today. ASX-listed Qube revealed a small 5 percent increase in revenues and a large 36 percent increase in profits.
Flinders Ports, South Australia, had a mixed bag of containerised cargo throughput results in 2018 compared to 2017, new data analysis shows. Overall containerised throughput – which includes imports, exports, empties and boxes in various configurations – was essentially flat.
Class 1 railroad plans ongoing projects at intermodal facility which is near major shippers and new warehouse space.
DP World (NASDAQ Dubai: DPW) announced that it will repurchase P&O Ferries from Dubai World according to a DP World press release. The acquisition will be worth BGP (British pound sterling) 322 million or $421 million. (All values will be converted to U.S. dollars.)
Analyst predicts a slowdown in U.S. containerized imports and continuing shift to to East Coast ports.
Terminal operator’s move to strengthen its European short-sea presence follows last year’s acquisition of Unifeeder.
TFI International agrees to $7.2 million purchase of the Atlanta-based express delivery service’s assets, including its Guardian Medical Logistics unit.
The Taiwanese liner carrier has until May to decide on an option for four slightly larger containerships from Japan Marine United Corp.
Largest ocean freight forwarder sees fuel bills increasing as much as 50 percent based on current price spreads.
