Hiab, part of Cargotec, has launched an innovative new product to handle containers safely and efficiently in locations where no infrastructure exists to load or unload containers from a truck. Originally developed for the logistics needs of governmental organisations…
South Carolina Ports Authority reported a fiscal year-to-date container volume record of over 1.4 million twenty-foot equivalent container units (TEU) handled since July. SCPA moved 168,480 TEUs during the month of February, which drove a fiscal year-over-year container volume increase of 1…
Dubai ports operator DP World will build and manage a new deepwater port on Democratic Republic of Congo's Atlantic coast, the Central African country's transportation minister said on Wednesday. Jose Makila told reporters that DP World…
Maersk's shares down 4 pct at lowest level since November 2016. The company says CFO Jakob Strausholm has decided to leave the company after only 16 months in the role. His departure comes after Maersk decided to separate the finance role from its IT and digital transformation function…
MSC Mediterranean Shipping Company, a global leader in transportation and logistics, is pleased to announce the launch of a new freight rail service between Seville, Spain, and the Atlantic, beginning 4 April 2018. The service is expected…
The United States has set conditions for scrapping its planned punitive tariffs on steel and aluminum imports from Europe, German magazine Der Spiegel reported, including capping U.S.-bound exports of the metals at 2017 levels. The European…
Li Ka-shing to retire after annual general meeting on May 10; will stay on as senior adviser to the group. Hong Kong's richest man, Li Ka-shing, announced his retirement as chairman of CK Hutchison Holdings Ltd on Friday, bringing to a close…
DP World, one of the world's largest port operators, said on Thursday full-year profit rose 14.9 percent in 2017 and that it would spend $1.4 billion on capital expenditure this year. Profit for the period attributable to owners of the company after separately disclosed items rose to $1…
Danish shipping group A.P. Moller-Maersk's is betting on winning new customers for its port division by becoming a one-stop shop that can transport goods from factory to retailers' shelves. The move comes as Maersk, the world's biggest container shipper…
Shipping should start to prepare itself for a future where total emphasis will be placed on the efficient and digitised movement of goods along the supply chain rather than on the individual components of the chain such as the ships themselves…
The Port of Rotterdam could increase its market share in certain regions in South-West Germany by up to 23%, if additional rail connections are created. This is one of the outcomes of the “HiRo – Market Potential for Container Transports…
Imports at the nations’ major retail container ports are expected to dip slightly this month, but that’s the result of annual Asian factory shutdowns for Lunar New Year rather than new tariffs on steel and aluminum imposed this week, according…
Port of Oakland officials has promised a digital shipping platform by mid-year to speed up global trade flows. The Port said it’s building an online portal for transactions that range from tracking to transporting containerized cargo. The move…
Danish shipping company A.P. Moller-Maersk will begin expanding onshore services at its global port division to accommodate demands from companies like railway operators and freight haulers, according to newspaper Borsen. 'Until now it has been the big shipping lines that have paid our bills…
Despite a slight dip in volume of .7 percent in February, The Port of Virginia’s fiscal year 2018 cargo volumes are up nearly 4 percent, or nearly 69,000 TEUs. “February is a short month and our volume was relatively static, in a year-on-year comparison…