New Zealand’s southern ports reemerge after earthquake
The Port of Wellington’s general cargo and container wharf gates will remain tentatively closed through Nov. 22, but its oil terminal reopened today.
The Port of Wellington’s general cargo and container wharf gates will remain tentatively closed through Nov. 22, but its oil terminal reopened today.
The Seattle-based airline became the first commercial carrier to power a flight with a mix of biofuel made from wood waste.
Maersk Group’s intra-Americas regional ocean carrier SeaLand said the NAE will add calls to Turbo, Colombia and Puerto Moin, Costa Rica.
Cambridge Systematics names CFO and the Chamber of Marine Commerce appoints president, while West Calcasieu Port re-elects board officers and IBIA’s chief executive retires.
A previous version of the AS Daily story “Canada’s trade deficit soars in September” from Nov. 8 did not specify the dollar amounts are in Canadian dollars.
The German ocean carrier’s third quarter profit surged from 3.2 million euros in the third quarter of 2015 to 8.2 million euros, despite a drop in revenues and freight rates.
A massive 7.5 magnitude earthquake rocked southern New Zealand Monday morning, resulting in marine terminal damage among ports in the region.
The Netherlands-based third-party logistics provider posted a third quarter loss of $41 million compared with a $51 million loss the previous year as revenues slipped 1.2 percent to $1.68 billion, according to the company’s most recent financial statements
The all-cargo airline posted a throughput of 57,608 metric tons for the month, bringing the year-to-date total to 498,177 metric tons and breaking its full year freight volume record for the 13th consecutive year.
Although iron ore shipments from U.S. Great Lakes ports rose 5.4 percent in October from a year prior, loadings from Canadian ports tumbled 33.4 percent.
Bulk shipping company Korea Line Corp. has been picked over Hyundai Merchant Marine to acquire Hanjin’s operations between Asia and the United States.
Bulk shipping company Korea Line Corp. has been picked over Hyundai Merchant Marine to acquire Hanjin’s operations between Asia and the United States.
The Pittsburg, Kan.-based transportation and terminal services provider’s purchase includes 14 inland waterway facilities, four rail and truck terminals, and two deep water port operations across the southern and midwestern United States.
Descartes Systems Group has acquired 4Solutions, an Australia-based provider of cloud-based business-to-business supply chain solutions, for about $2.7 million
Rates from Shanghai to Northwest Europe fell 4.7 percent since last week, despite several major ocean carriers looking to increase rates on the trade in mid-May.
Since last week alone, the index has fallen 4.1 percent to a reading of 825.10, with rates declining from Shanghai to Northwest Europe, the Mediterranean and the United States.
McDonough, Ga.-based transportation and logistics company Bennett International Group established BOSS Engineered Logistics to provide more neutral third-party logistics solutions.
The Northwest Seaport Alliance has lengthened its extended gates program to support the peak shipping season’s strong agricultural exports.
The German shipowner and breakbulk ship operator said it sees no signs of a recovery in the general economic conditions for the final quarter of the year.
Cindy Sanborn, chief operating officer of the Class I railway, told investors and analysts at the Baird 2016 Industrial Conference in Chicago the company expects an $0.08 impact to fourth quarter earnings per share due to costs from debt refinancing.