Following three months of static air freight prices, they are finally moving again. The catalysts are seasonal changes in airplane assignments, looming European factory closures, and Amazon Prime Day. Meanwhile, ocean freight rates are now…
I was honored to be present in South Philadelphia on June 30 to witness the christening of the largest container ship ever built in the United States. It was built by Philly Shipyards for shipping company, Matson, Inc., and was named for the former Hawaii senator…
Largest Containership Built in U.S. Will Serve Hawaii. Matson, a U.S. flag carrier in the Pacific, and Philly Shipyard, Inc. (PSI), the wholly-owned U.S. subsidiary of Philly Shipyard ASA (Oslo: PHLY) christened the largest containership…
As one of the world’s leading shipping lines, Evergreen Line, is enhancing its operations with 3,000 containers refrigerated by Carrier Transicold PrimeLINE® units, chosen for their refrigeration performance and power efficiency. Carrier Transicold is part of UTC Climate…
Middlesbrough freight logistics firm AV Dawson has signed a multi-million dollar deal with a major blue-chip manufacturer, securing new business and jobs in Teesside.AV Dawson has won a contract with British Gypsum, the UK’s market leader for plaster and plasterboard products…
The landslide winner of Mexico's presidential election, Andres Manuel Lopez Obrador, said on Monday that he will aim to keep Mexico in the NAFTA trade pact and seek a frank dialogue and friendly ties with the United States. The first leftist…
Scandinavian Shipping & Logistics acquires the forwarding company Unitrans. “By this takeover we strengthen our position as a logistics company, both in Sweden and on the global market”, says Björn Eklund, owner of Scandinavian Shipping & Logistics…
Shipping Company, Diana Containerships, Inc., announced the sale of one of its Post-Panamax container vessels, the m/v Puelo, has been completed and will be delivered to her new owners.After the delivery of the vessel, the company will prepay about $19…
In order to meet increasing and diverse market demands, Evergreen Line has announced enhancements to its current Asia – East Africa service (AEF) – adding to its direct calls in Central & Southern China.Five vessels are currently deployed on the AEF service – three operated by Evergreen Line…
Shares in German container shipping company Hapag Lloyd plunged 19 pct, hitting 1-year low, after the company cut its 2018 outlook. The Company cites 'unexpectedly significant' and continuing increase in operational costs, especially with…
Shipping confidence held steady in the three months to end-May 2018 according to the latest Confidence Survey from international accountant and shipping adviser Moore Stephens. The average confidence level expressed by respondents was unchanged at the four-year high of 6…
To support the expected surge in U.S. resin exports and increased volume in the Gulf region, TRAC Intermodal is adding over 2,000 new and fully-refurbished premium chassis to its Gulf Regional Pool (TGRP), with more equipment additions planned for later this year…
Maersk Line, a part of A. P. Moller-Maersk, acknowledged that the United states has announced it will cease its participation in the joint comprehensive plan of action (JCPOA), and re-impose Sanctions on Iran following a wind down period. Maersk will respect U…
Parties involved in the transport of goods by rail have reached agreement with State Secretary Stientje van Veldhoven on a package of measures designed to make goods transport by rail more sustainable and more attractive. The measures include a large reduction in the user fee…
The World Trade Center of New Orleans announced William T. “Bill” Bergeron, CEO of Bergeron Resources, L.L.C. & Affiliated Companies, as the recipient of the 2018 C. Alvin Bertel Award. The C. Alvin Bertel Award was established in 1967 and is…