Maritime Cargo News - page 114


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…

Silk Road Train Arrives at Antwerp Port

May 14, 2018

The first Silk Road train exclusively destined for Antwerp has arrived. The freight train, which had left the Chinese port of Tangshan on 26 April, was officially welcomed today in the port of Antwerp.  This direct railway link between China…

Port of LA Moves 705,536 TEUs in April

May 11, 2018

The Port of Los Angeles reports it processed 705,536 twenty-foot equivalent units (TEUs) in April, a dip of 1.3 percent compared to last April’s record of 714,755 TEUs.April 2018 imports dropped 2.9 percent to 361,108 TEUs compared to the previous year…

CH Robinson Introduces Trans-Eurasian Rail Freight Service

May 10, 2018

C.H. Robinson announced the launch of its trans-Eurasian rail freight service between China and Europe. The new service offering connects nine origin terminals in China with eight destination cities in Europe including Hamburg.“The new rail line complements our air and ocean offerings…

GAC Dubai Opens New Contract Logistics Facility

May 09, 2018

New temperature- and humidity-controlled facility brings total capacity in Dubai to over 170,000 pallet positionsGAC Dubai has opened its newest contract logistics facility, in the Logistics District of Dubai South. The new facility adds to…

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