Intermodal News - page 71


China 'Welcomes' High-Quality U.S. Products

May 23, 2018

China welcomes high-quality and competitive products made by the United States to enter its market, the commerce ministry said on Wednesday. Both China and the United States will seriously implement a deal reached in Washington, including the purchase of farm and and energy products…

GRUPO ETE Enables the Largest Portuguese Clinker Export Ever

May 22, 2018

GRUPO ETE enabled the largest Portuguese clinker export ever, to its client Cimpor - an InterCement company – by concluding the loading of 55,902 metric tons on the bulk carrier Vinayak, bound for Ghana.This export operation, completed in a record time…

Addressing the Current Trucking Crisis

May 22, 2018

A long time coming, a growing trucking crisis is now certainly here. An important piece of the intermodal supply chain equation faces steep challenges in 2018, and beyond.Looking back at what has led us to our current trucking situation; it can be argued that “we saw this coming…

First LNG Bunkering of Fure Vinga in Europe

May 22, 2018

On May 19, 2018, the new build chemical tanker “Fure Vinga” bunkered LNG for the first time in Europe, receiving 120 tons of LNG in a truck-to-ship operation in the port of Cartagena. In total, 6 trucks of LNG were brought to the Spanish port and transferred to the vessel…

Wabtec and GE Transportation to Merge

May 21, 2018

Wabtec Corporation has entered into a definitive agreement to combine with GE Transportation, a unit of General Electric Company. The combination will make Wabtec a Fortune 500, global transportation leader in rail equipment, software and services…

Record April Boosts Savannah's Box Trade

May 21, 2018

The Georgia Ports Authority's busiest April ever pushed its fiscal year-to-date totals to more than 3.4 million twenty-foot equivalent container units, an increase of 8.8 percent (280,000 TEUs) compared to the first 10 months of FY2017. 'We're on track to move more than 300…

First-Quarter Returns From the Universal Port of Hamburg

May 18, 2018

This year’s first-quarter throughput total at the Port of Hamburg was notable for a rise in conventional general cargoes, a lower figure of bulk cargoes, a stable trend in container handling and distinct growth on container transport services by rail…

South Carolina Ports Achieve Record April

May 17, 2018

South Carolina Ports Authority announced the highest April container volumes in its history, with growth of 4 percent over the same month last year.SCPA handled 196,439 twenty-foot equivalent container units (TEU) in April. The Port has moved 1…

AAPA releases State of Freight III report

May 16, 2018

Trade Association Releases Freight Report on Multimodal Funding Needs of U.S. Seaports. In a just-released report, U.S. port authorities identified more than $20 billion in projected multimodal port and rail access needs over the next decade…

China Denounces Trade Unilateralism

May 16, 2018

China's foreign minister on Wednesday took a swipe at the United States' trade policy and defended international free trade on the basis of World Trade Organisation regulations. 'Trade unilateralism goes against the current of history,'…

Mount Vernon Shipments Drive Record Q1 for Indiana Ports

May 16, 2018

The Ports of Indiana set a record for first quarter shipments in 2018, handling 3.2 million tons at all three ports. The Port of Indiana-Mount Vernon drove this success by setting a record for the highest first quarter volume ever recorded at any of the state's three ports…

Container Shipping Line MSC Stops New Iran Bookings

May 16, 2018

The world's No. 2 container shipping line MSC said on Wednesday it would stop taking new bookings for Iran due to the decision by the United States to re-impose sanctions on Tehran after withdrawing from the international nuclear deal. In a note to clients…

MSC Expands Intermodal Shipping at Trieste

May 16, 2018

MSC Mediterranean Shipping Company S.A. is enhancing intermodal connections via the port of Trieste, Italy, to improve transit times for shippers moving cargo between Asia, the Mediterranean and Europe. The new “MSC Graz-Trieste Runner” shuttle train…

Tough Recovery Ahead for Some Box Trades; More Uncertainty in Others

May 14, 2018

Drewry says that recovering demand recovery in the North America-East Coast South America box trades provides encouragement, but local political conditions bear watching. Elsewhere, reports that Maersk and MSC are reviewing their Iran operations…

Trudeau remains optimistic on trade deal with US

May 14, 2018

Canadian Prime Minister Justin Trudeau is optimistic that a new NAFTA trade deal with the United States can be reached and that a solution on U.S. tariffs for steel and aluminum imports can be found, he told German newspaper Handelsblatt.'We…

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