The Port of Cleveland has commissioned two new mobile harbor cranes for use in its now two-year-old Cleveland-Europe Express service, attracting new shippers like Lubrizol Corp.
SEKO Logistics appoints VP of network development, while Kuehne + Nagel’s global air freight head steps down and Inchcape Shipping Services names VP of North American operations.
The Port of San Francisco Commission this week approved Pasha’s plans to take over Pier 80, which the ocean carrier will primarily use to handle automobile imports and exports, along with vehicles processing.
“Orphan carriers” excluded from the 2M Alliance and the proposed OCEAN Alliance are scheduled to brief the Federal Maritime Commission Wednesday.
The Florida Gulf Coast port recently purchased a 41-acre tract of waterfront land where the authority plans to develop a new terminal for forest products.
Ports covered by the Global Port Tracker report handled 1.32 million TEUs in March 2016, down 14.2 percent from February and 23.7 percent from an all-time high in March 2015, according to the National Retail Federation and Hackett Associates.
The Omaha, Neb.-based truckload carrier and logistics services provider has named former President and Chief Operating Officer Derek J. Leathers as its new chief executive officer, effective immediately.
The St. Catharines, Ontario-based shipping company saw Q1 revenues decline 7.8 percent year-over-year due to weak revenues in the Domestic Dry-Bulk segment and Product Tanker segment.
Although Great Lakes limestone loadings from U.S. quarries in April dipped 3.2 percent year-over-year, shipments from Canadian quarries surged 85 percent year-over-year.
Neither Ports America nor owner Oaktree Capital will discuss a possible sale of the nation’s largest port terminal operator, but Yildirim Holdings President Robert Yildirim said talks have advanced to the “second round.”
Neither Ports America nor owner Oaktree Capital will discuss a possible sale of the nation’s largest port terminal operator, but Yildirim Holdings President Robert Yildirim said talks have advanced to the “second round.”
The Malaysian shipping conglomerate has entered into an agreement to sell its entire stake in the wholly-owned subsidiary MISC Integrated Logistics Sdn Bhd to Swift Haulage Sdn Bhd.
The price of an average container fell 15 percent during the first quarter of 2016, according to a recent report from London-based shipping consultant Drewry Maritime.
GE’s Marine Solutions signed a contract to provide its new power take off/power take in technology to ocean carrier Maersk Line for 11, second generation 19,630-TEU Triple-E containerships.
The French ocean carrier commenced the weekly Baltic Levant Express, operating between North Europe and the Mediterranean with six vessels.
Asian container volumes at JAXPORT surged 16 percent year-over-year to 157,689 TEUs for the first six months of fiscal year 2016, which commenced Oct. 1, 2015.
The Brownsville Navigation District signed an agreement with West Plains LLC to modernize and reactivate the grain elevator.
Saddle Creek appointed chairman and CenterPoint Properties named VP on West Coast, while LOC Group appointed COO and CSafe Global announced sales director for France and Spain.
Neptune Orient Lines attributed the loss to deteriorating freight rates, but anticipates the proposed acquisition of APL by CMA CGM should help the company regain profitability.
The London-based shipping consultant is predicting that carrier profit margins this year will be influenced by big swings in both prices and costs.
