Logistics News


IoT to Boost Revenues by USD 154 million: Inmarsat

Jul 25, 2018

The Industrial Internet of Things (IIoT) is set to make a sizeable contribution to the global economy by 2023. This is according to a new global study launched today by Inmarsat , the world’s leading mobile satellite communications company, which found that organisations…

TOTE Maritime Continues Equipment Investment

Jul 25, 2018

TOTE Maritime Puerto Rico said it continues to invest in equipment to meet the needs of its customers as well as Puerto Rico as the island continues with recovery efforts following last year’s hurricane season.In the last few months, TOTE Maritime has secured more than 200 additional 53’ containers…

Concordia Maritime Charters in Suezmax Tanker

Jul 25, 2018

Tanker owner Concordia Maritime announced it has moved to strengthen its positions in the crude oil segment by chartering in another suezmax vessel.The 158,000 dwt suezmax vessel that has been chartered in was built in Korea in 2015. As with previous charters…

GCT Bayonne Welcomes the ONE Stork

Jul 25, 2018

GCT USA has welcomed the Ocean Network Express’ (ONE) first magenta ship on its first dual call to the most advanced terminal in the Port of New York and New Jersey, GCT Bayonne.Following the merger of NYK Line, Mitsui OSK, and “K” Line on April 1…

DP World to Build Logistics Hub in Mali

Jul 25, 2018

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…

ONE Accepts Delivery of 14,000 TEU Box Ship

Jul 25, 2018

Singapore headquartered container carrier Ocean Network Express Pte. Ltd. (ONE) has taken delivery of a new 14,000 TEU-class containership from Japanese shipbuilder Imabari Shipbuilding Co., Ltd, on July 24, 2018.The new ultra-large containership…

NYK Group Celebrates Successful O3 Challenge

Jul 24, 2018

Symphony Creative Solutions (SCS) an NYK Group company, held a thank you party with Ocean Network Express (ONE) at ONE’s head office to celebrate a successful Ocean of Opportunities Challenge (O3 Challenge), a contest for startups that was conducted from April to June 2018…

DP World Volume up 6.0% in H1 2018

Jul 24, 2018

DP World Limited handled 35.6 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first half of 2018, with gross container volumes growing by 4.8% year-on-year on a reported basis and 6.0% on a likefor-like1 basis…

CN Board Appoints Jean-Jacques Ruest President and CEO

Jul 24, 2018

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 Accelerates Logistics Growth with Acquisition of Intrion

Jul 24, 2018

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…

Long Drought Puts Pressure on Dutch Shipping Sector

Jul 24, 2018

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…

Maersk: India Recording a 14% Upturn

Jul 24, 2018

India´s containerized trade with the BRICS´ nations trademarks a rise of 14 percent. Export trade from India to Brazil, China, Russia and South Africa in Q1 2018 increased 7,5 percent YOY from same period last year. South Africa turned to be Indian´s top trade partner…

COFCO Says Brazil Needs More Logistics Investments

Jul 24, 2018

Brazil could compete better in global agriculture markets if it increased infrastructure investment and diversified its transport network, an executive at COFCO International, the Chinese commodities trader, said on Monday.Eduardo Gradiz Filho…

Dupuis Joins DrayMaster Enterprise as Sales Director

Jul 23, 2018

Draymaster Enterprise, a technology solution to manage all the complexities of intermodal drayage in one platform, has hired Phil Dupuis as Director of Sales.Prior to joining DrayMaster, Dupuis was the owner of Cartage Consulting LLC, helping…

President Kennedy Makes Maiden Call at Yokohama

Jul 23, 2018

Container carrier APL, together with the Yokohama Port and Harbor Bureau and Yokohama-Kawasaki International Port Corporation, celebrated the maiden arrival of containership President Kennedy at the Port of Yokohama, on July 21.Deployed for APL’s Eagle Express 1 (EX1) service…

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