The chief executive of the Port of Montreal has departed after just two years on the job, amid soaring cost estimates for a major new container terminal project.
Logistics providers are ramping up investments in Canada as e-commerce growth and cross-border trade drive demand for warehousing, fulfillment and drayage services.
DP World has opened a Montreal freight forwarding office as it expands its Canadian logistics network eastward.
Container gains at this eastern maritime hub led all Canadian ports in 2025.
The head of DP World resigned Friday after his links to convicted child sex offender Jeffrey Epstein were revealed by a U.S. Congressman.
A major Canadian pension fund has halted investment with DP World after the Dubai company’s CEO emerged as an associate of deceased American sex trafficker Jeffrey Epstein.
Canada’s Port Saint John and DP World completed the eastern maritime hub’s $178 million West Side Modernization Project.
DP World is rebranding its Unifeeder liner operator and two other divisions as it unifies its Marine Services units.
This week in Borderlands: Trump mulls scrapping USMCA as industry groups push for renewal; DP World opens Querétaro warehouse to support Mexico’s nearshoring boom; and East Coast Warehouse & Distribution launches first Texas operation.
DP World is putting its vast global network to work in the United States finding resilient solutions to today’s evolving supply chain.
Expansion project will add 1.15 million TEUs in annual capacity to the eastern Canadian port.
DP World enhances its logistics warehouse network with a new facility in Central PA, boosting efficiency and distribution capabilities.
Dubai’s DP World enjoyed revenue and profit gains in the first half of the year as global container volume overcame political and logistical hurdles.
This week in Borderlands Mexico: DP World sees big logistics opportunities across Latin America; Aerospace manufacturer plans $120M expansion in Texas; and Third-party logistics provider plans warehouse near Houston.
This week in Borderlands Mexico: Supply chain firms invest in new cross-border facilities; Japanese industrial supplier investing $5M in Mexico expansion; and Benchmark Electronics opens manufacturing facility in Guadalajara, Mexico.
Cold storage warehouse operator Americold said it has started building an $80 million facility at Canada’s Port Saint John.
The global supply chain is undergoing rapid transformation, driven by geopolitical shifts, evolving trade policies, and accelerating technological advancements. FreightWaves and DP World conducted a comprehensive survey of more than 100 supply chain leaders to understand how carriers, shippers, and brokers are navigating these changes and what strategies will define success in the years ahead. […]
Container terminal operator DP World reported record revenue in 2024 but weaker overall profit.
Ocean Network Express and terminal operator DP World created a message on a dockside canvas during Breast Cancer Awareness Month.
DP World is launching an intermodal service to transport finished vehicles by rail from Mexico to the U.S.
In this edition: FreezPak chooses a new warehouse location, DP World expands globally and fruit coating as packaging replacement.
Los Angeles-based Virgin Hyperloop, formerly Virgin Hyperloop One, has raised more than $400 million in private capital since its founding in 2014.
DP World announced it has acquired Auburn Hills, Michigan-based supply chain solutions provider syncreon at an enterprise value of $1.2 billion.
Ongoing labor dispute has “paralyzed” port operations.
“This outperformance once again demonstrates that we are in the right locations, and a focus on origin and destination cargo will continue to deliver the right balance between growth and resilience,” Sultan Ahmed Bin Sulayem says.
The new class of container ships is part of HMM’s quest to achieve net-zero carbon emissions by 2050.
Global market uncertainty weighed down Canada’s largest container port in second half of 2019.
Purchase of Canadian port operations part of global strategy “to connect directly with customers to offer logistics solutions and remove inefficiencies in the supply chain to accelerate trade.”
DP World has been awarded a contract that will result in expansion of a container terminal in Jeddah, Saudi Arabia.
Fourth-largest ports operator sees tepid volume growth, but logistics provides offset.
A Chicago startup has proposed using crane rails to move containers in and out of terminals to ease congestion in the era of mega-ships.
PSA International Pte Ltd said it has completed the acquisition of Halterm Container Terminal in Halifax, Nova Scotia, from a fund managed by Macquarie Infrastructure and Real Assets.
A consortium comprising DP World of the United Arab Emirates, the Russian Direct Investment Fund (a sovereign wealth fund), Rosatom and Norilsk Nickel have agreed to look into developing the Russian Northern Sea Route.
Developing markets offer high growth, but high risk, as dispute between east African nation and Dubai firm forces Chinese ports operator to refinance loan.
International terminal mega-operator, DP World, has announced a solid set of results for 2018. Revenues, earnings before interest taxation depreciation and amortization (EBITDA), and net profit all substantially increased last year compared to 2017. Acquisitions and increased box volumes drove revenues and profits. DP World has announced investment plans for 2019.
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.)
Longshoremen working for DP World Australia (DPWA) are fired up over an alleged threat to their income protection insurance. That benefit was granted to them by the company three years ago in the last round of negotiations for a collective employment contract known as an “enterprise agreement”.
The early summer truck strike continues to impact Brazil, Narvar raises $30 million in funding, GreyOrange picks Atlanta for its US headquarters, and more in today’s pickup…
World’s fifth largest ports operator steps up its logistics services with acquisition of short-sea and intermodal operator Unifeeder.
Dubai Ports World’s Thames wing, DP World London Gateway, has unveiled its latest tool called “Where’s My Container” (WMC), an app created to help stakeholders in the logistics space track their freight.
