The United States has adopted an 'escalate to negotiate' strategy towards China, threatening a dramatic hike in tariffs to try to force a resumption of trade talks while the U.S. economy remains strong and as elections approach in November.U…
The medium term outlook for global container port demand growth is positive thanks to strong underlying economic momentum across the world’s major economies. While there may be clouds on the horizon in the form of tariff and trade war fears…
XPO Logistics, one of the largest global freight transportation and warehousing companies, reported a jump in quarterly profit on Wednesday, fueled by shipments of heavy and bulky items and strong demand for e-commerce order fulfillment.Greenwich…
PEIR (Photographic Equipment Interchange Receipt) has launched a new app that helps the transportation, logistics and shipping industries better assign costs based on responsibility for damaged shipping containers and trailers.“After a year…
TRAC Intermodal announced that Keith Lovetro, President and Chief Executive Officer, will retire on July 31, 2018. Jennifer Polli has been named to replace Lovetro as President and Chief Executive Officer effective August 1, 2018.Lovetro, who has led the company since joining in 2011…
Freight is being delivered despite shallow water on the Rhine and other rivers in Germany due to drought, a shipping industry group said on Tuesday, although many vessels are being forced to carry lighter loads.'On the Rhine, by far Germany’s most important inland waterway…
Asset quality, size and diversification will determine the success of shipping companies in the next 18 months as higher costs, tighter environmental rules and worsening global trade relations risk offsetting buoyant demand and capacity reductions…
After starting a new waterway container service between Dunkirk and Valenciennes in May this year, Nord Ports Shuttle (NPS) is gearing up for a significant increase in its transport capacity on the Dunkirk to Dourges line.This initiative is…
Overcapacity, Fleet Supply, Weakened Earnings, Consolidation – and now – fears of trade wars fuel further uncertainties for an already unsteady boxship climate. MLPro’s Barry Parker digs in to get to the bottom of all of it.The report season…
Eurotainer US, Inc. has selected APM Terminals Inland Services Argentina as the exclusive agent for the sales and marketing of its tank container leasing services in Argentina.APM Terminals serves the Argentinian market through five strategically…
The South Carolina Ports Authority and Georgia Ports Authority will be able to establish a common chassis pool serving customers throughout the Southeast as the result of the Federal Maritime Commission (FMC) voting today to take no action to…
DP World is set to build and operate a logistics hub in Mali under a 20-year concession agreement signed with the West African country's government, the Dubai state-owned company said on Wednesday.Construction of the first phase of the 1,000 hectare (10 square kilometers) hub…
The Board of Directors of Canadian National Railway Company (CN) announced the appointment of Jean-Jacques Ruest as President and Chief Executive Officer of CN effective immediately. Ruest has also been appointed to CN’s Board of Directors.“In JJ…
ABB will acquire Intrion, a privately owned company headquartered in Huizingen, close to Brussels, with approximately 120 employees and over a decade of experience in logistics automation solutions and services for the warehouse and distribution…
The longest drought in decades is drying out rivers in the usually wet Netherlands, hitting cargo traffic and threatening a shortage of bulk supplies ranging from hops for beer brewers to cement for the construction sector.The summer of 2018…