The Panama Canal Authority said APM Terminals, Terminal Investment Limited, Terminal Link and PSA International are all in the running for the concession of the Corozal Container Terminal.
The Northern California seaport saw throughput of loaded export boxes jump 10 percent while laden imports fell 4.2 percent compared with the same 2015 period, according to recent data from the port authority.
Meanwhile, Hanjin has sent a note to customers that says it will allow Hanjin-owned containers to be terminated at either Terminal 46 in Seattle or Pier T in Long Beach.
October is projected to be the second-busiest month this year for import volumes at the nation’s major container ports, according to the latest monthly Global Port Tracker report from the National Retail Federation and Hackett Associates.
U.S. beef export volumes in August, which were the highest since October 2014, rose 26.9 percent from August 2015 thanks to increased beef exports to Hong Kong, Korea, Japan and Mexico.
The Japanese ocean carrier has doubled the frequency of its automobile transport service between Thailand and Northern Vietnam to twice a month and shifted from calling Cai Lan to the port of Hai Phong, closer to the capital city of Hanoi.
Japanese liner carrier Mitsui O.S.K. Lines is scheduled to join Wan Hai and PIL’s jointly operated CMS service this week between Asia and the Middle East.
The multi-modal container transport and logistics company has expanded in the reefer business with its Samskip Logistics unit acquiring a half interest in Bergen, Norway-based Silver Sea, formerly known as Silver Green.
The London Heathrow Airport and the Gatwick Airport both saw cargo volumes rise year-over-year in September as both airports have been pushing to gain the new runway that will be constructed in southeast England
The air services provider launched a new customer service center in Dubai for export cargo customers, which is projected to serve about 700 customers per day and handle 25,000 tons of export cargo per month.
Sunset Transportation names VP of sales and marketing, while RailWorks appoints CEO.
Nationwide trucker and third-party logistics services provider Schneider National said it will seek an initial public offering of its common stock next year.
An increasing amount of shippers are requesting “hidden” financial data from carriers, following weak carrier financials and Hanjin’s bankruptcy filing, according to shipping research and consulting firm Drewry.
The Rhode Island Department of Transportation said it will implement bridge tolls throughout the state for tractor trailer operators, a plan that has been met with protests from trucking associations, following federal approval.
Transport Minister Kang Ho-in called the walkout by more than 7,000 unionized truckers “unjustified” and “an act of betrayal,” vowing swift action against participants, according to a report from Korea’s Yonhap News Agency.
Transportation and logistics companies cut 9,000 positions last month, following two consecutive months of hiring gains, according to recent preliminary data from the U.S. Department of Labor.
It’s not all bad news, however, as the shipping and logistics providers planning railcar orders said they were more certain about placing those orders compared with the second quarter, according to a survey conducted by investment firm Cowen and Co.
The Japanese ocean carrier estimates it will report extraordinary losses totaling 195 billion Japanese yen (U.S. $1.89 billion) in fiscal 2016 due to continued weakness in container and dry bulk freight rates, according to a statement from the company.
The Korean Register’s 63-year-old chairman and chief executive officer, B.S. Park, died Monday following a brief illness.
Kansas City Southern Railway has named Watco Transloading as operator of its new Zacha transload facility in Dallas, which offers 9,523 feet of track space and 80 acres of outside storage, the company said in a statement.
