Intermodal News - page 48


INSIGHTS: Kristen DeMarco, JAXPORT Chief Commercial Officer

Feb 25, 2019

Kristen DeMarco is JAXPORT’s Chief Commercial Officer. She is responsible for leading JAXPORT’s international cargo sales and marketing initiatives as well as tracking trends and issues related to maximizing the port’s business potential. DeMarco…

Shipping Recovery Boosts Hapag-Lloyd's Earnings

Feb 25, 2019

Full-year operating profit up by 32 percent.Container shipping firm Hapag-Lloyd said volume growth and a modest recovery in freight rates in the second half of 2018 helped push operating profit 32 percent higher, lifting shares in the German group on Monday…

Crowley Christens LNG-Powered M/V Taíno

Feb 22, 2019

Event heralds new era of world-class supply chain service.   Crowley Maritime Corp. christened the U.S.-flag combination container/roll on-roll off (ConRo) ship MV Taíno today in San Juan, where the company’s investments have ushered in a new era of world-class supply chain services in the U…

Little Rock Port Authority Reports January Shipping

Feb 21, 2019

The Little Rock Port Authority (LRPA) and its stevedore partner, LSI, worked 39 barges and more than 58,000 net tons of cargo loaded or unloaded from barges.The slackwater dock handled 30 barges; nine were worked at the main river terminal. Commodities handled included nepheline syenite…

Maersk Shares Fall on Trade War Fears

Feb 21, 2019

The world's largest container shipping company, A.P. Moller-Maersk, warned trade headwinds would slow growth this year, sending its shares down 10 percent on Thursday.Maersk is also moving ahead with spinning off Maersk Drilling, announcing…

DP World buys back P&O Ferries for $421 mln

Feb 20, 2019

DP World has bought back British ferry and shipping freight operator P&O Ferries for 322 million pounds ($421 million), more than a decade after it sold it.DP World acquired the British shipping and logistics company in 2006 but soon sold off some assets…

Vens Close Maritime Border with Dutch Antilles

Feb 19, 2019

Venezuelan authorities have closed the maritime border with the Dutch Antilles, a regional navy chief told Reuters on Tuesday, preventing boats and aircraft from arriving from the islands of Aruba, Curacao and Bonaire.Vice Admiral Quintero Martinez did not give a reason for the closure…

Book Review: Casey the Container

Feb 19, 2019

Bringing the world of containerized cargo to young readers.This rhyming children’s book follows Casey the Container, a new shipping container, along her journey on her first day in port. Casey meets new friends, experiences the workings of the waterfront…

New Round of U.S.-China Trade Talks Kicks Off Today

Feb 19, 2019

A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher level later in the week, the White House said on Monday.The talks follow a round…

Canaveral Port Improves Roads and Wayfinding

Feb 17, 2019

Work is underway at Port Canaveral for wider roads, improved traffic signals and a new “wayfinding” system around the Port to accommodate increased vehicle traffic generated by the Port’s operations growth.The roadway upgrades will improve traffic…

Eurogate Container Volumes Stable in 2018

Feb 14, 2019

Despite the persistently challenging market environment, German terminal operator Eurogate managed to close the 2018 financial year with stable container handling volumes.In 2018, the Bremen-based group managed to handle a total of 14.1 million TEUs at its twelve locations in and around Europe…

Mnuchin: China Talks "So far, so good"

Feb 13, 2019

U.S. Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the world's two largest economies try to iron out an agreement to resolve their trade dispute.'So far, so good,' he said when asked by reporters on how the meetings in Beijing went…

CMA CGM Aims for Ceva Logistics Breakeven in 2019

Feb 12, 2019

CMA CGM is aiming for Ceva Logistics to break even this year, its finance chief said on Tuesday, as the French shipping group opened a share offer to cement its control of the Swiss freight specialist.CMA CGM's public tender will offer other shareholders 30 Swiss francs ($29…

POLB Sets Feb. 13 Meeting on Deepening Project

Feb 08, 2019

Input sought on proposed work to enhance navigation.The public is invited to a meeting Wednesday evening for the “Port of Long Beach Deep Draft Navigation Feasibility Study and Channel Deepening Project,” a joint effort between the Port of Long Beach and the U…

DOT Chief Chao Echos President's Call for Infrastructure

Feb 06, 2019

The Statement of U.S. Secretary of Transportation Elaine L. Chao issued the following statement regarding the President’s State of the Union Address. “Tonight the President issued a bipartisan call to repair and restore America’s aging infrastructure…

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