DP World
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News
DP World acquires logistics provider syncreon in $1.2B deal
DP World announced it has acquired Auburn Hills, Michigan-based supply chain solutions provider syncreon at an enterprise value of $1.2 billion.
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American Shipper
Latest strike forces diversion of Montreal-bound vessels
Ongoing labor dispute has “paralyzed” port operations.
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American Shipper
DP World volumes decrease, portfolio increases
“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…
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American Shipper
DP World Southampton welcomes its largest vessel ever
The new class of container ships is part of HMM’s quest to achieve net-zero carbon emissions by 2050.
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American Shipper
Vancouver records second-highest cargo volume despite trade ‘challenges’
Global market uncertainty weighed down Canada’s largest container port in second half of 2019.
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American Shipper
DP World finalizes Fraser Surrey Docks acquisition
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…
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American Shipper
DP World to expand, operate Jeddah container terminal
DP World has been awarded a contract that will result in expansion of a container terminal in Jeddah, Saudi Arabia.
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Maritime
Port Report: DP World’s profit up as new logistics bets pay off
Fourth-largest ports operator sees tepid volume growth, but logistics provides offset.
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American Shipper
EagleRail Container Logistics: An idea ready to take flight?
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.
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American Shipper
PSA completes acquisition of Halifax container terminal
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…
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