U.S. investment firm Blackstone Group LP said on Sunday that funds affiliated with Blackstone Infrastructure Partners invested in Carrix Inc, the largest marine terminal operator in the United States and the Americas.The company did not disclose the terms of the transaction…
With the retail industry in its annual lull between seasons and plans for a tariff increase on hold, imports at the nation’s major retail container ports are expected to drop to their lowest level in almost a year this month, according to the…
Navis, part of Cargotec, has acquired privately owned company Cetus Labs, Inc. in the US, a provider of a cloud-based terminal operating system (TOS) Octopi for small container and mixed cargo terminals. With the addition of Octopi to its software portfolio…
The Chinese government's top diplomat, State Councillor Wang Yi, said on Friday that trade talks with the United States had made substantive progress, and that the two countries' relations should not descend into confrontation.Speaking at a…
Shipping group CMA CGM has reinforced its Europe / Indian Ocean & Australia offering by upgrading its NEMO service, which liaises North Europe and the Mediterranean to the Indian Ocean Islands and Australia on the southbound leg and Australia to southeast Asia and Europe on the northbound leg…
Backed by the industry’s best standard, limited warranty, UniCarriers Americas (UCA) has announced the launch of its new PD6 Series (IC) Pneumatic Tire Forklifts. The PD6 next-generation Platinum Series replaces the outgoing G06 Series and is…
The American Association of Port Authorities and its membership recently looked ahead at the challenges and opportunities facing the Port Security Grant Program.In its annual “State of Freight” series, AAPA has highlighted the transportation infrastructure needs of U…
Pasha Hawaii reports that factory acceptance testing (FAT) of the dual-fueled, MAN Diesel & Turbo ME-GI main engine has been completed for the M/V George III, the first of two 774-ft., U.S. Jones Act, LNG-fueled containerships being built at Keppel AmFELS in Brownsville…
Global shares rose on Monday amid growing optimism the United States and China will reach a trade agreement as soon as this month.U.S. President Donald Trump and Chinese President Xi Jinping might seal a formal trade deal around March 27, given progress in talks between the two countries…
Global shares rose on Monday amid growing optimism the United States and China will reach a trade agreement as soon as this month.U.S. President Donald Trump and Chinese President Xi Jinping might seal a formal trade deal around March 27, given progress in talks between the two countries…
The PowerStak family of high performance, fully powered stackers from Presto ECOA offer significant performance advantages over manual stackers and significant cost savings versus forklift trucks. Because they feature both powered lift and powered drive…
The intermodal equation for any deep draft port is incomplete without its inland component.It’s definitely a work in progress.There are inland ports in the truest sense: major lakefront and riverfront cities such as Chicago and St. Louis, including even Duluth and Tulsa…
Kalmar, part of Cargotec, is celebrating a significant milestone with the production of its 70,000th Kalmar Ottawa terminal tractor. Destined for long-standing customer Penske Truck Leasing, the truck was completed on 27 February at Kalmar's US manufacturing facility in Ottawa…
New study reports significant growth in economic impact. The Port of Long Beach is connected to one in five jobs in Long Beach, sustaining a local workforce that continues to drive economic growth across the region, according to a new Economic…
A.P. Moller Maersk said on Tuesday a U.S. Department of Justice (DoJ) investigation into the practices of container shipping companies had closed and the group was released from any obligations.In 2017, the DoJ ordered top executives from several…