Supply and Demand in the bulk transport sectors will define the course line ahead. Less ships and more cargo will be the key.The drybulk sector – where iron ore, coal, grain and other raw materials dominate – is still wrestling with a decade…
A long time coming, a growing trucking crisis is now certainly here. An important piece of the intermodal supply chain equation faces steep challenges in 2018, and beyond.Looking back at what has led us to our current trucking situation; it can be argued that “we saw this coming…
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the sixth straight session on Tuesday, dragged down by lower demand for capesize vessels.The overall index, which factors in rates for capesize…
The RB Eden vessel carrying 70,000 tonnes of U.S. sorghum turned around just before reaching the Spanish port of Cartagena and is now heading to Singapore, Thomson Reuters Eikon ship-tracking data showed.This marks the second U-turn for the…
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…
Protests by truckers in Brazil demanding a reduction in diesel prices have impacted the flow of goods at Santos, Latin America's largest port, the port administration said on Monday.Santos port authority said the protests have restricted the arrival of goods to several terminals…
Nozipho Mdawe has been appointed as Transnet National Ports Authority (TNPA) Chief Operating Officer (COO), effective May 21, 2018. She takes over the role recently vacated by Phyllis Difeto and briefly held in an acting capacity by Moshe Motlohi…
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…
Damco, a part of Denmark's A. P. Moller-Maersk, has agreed with Goodman Group on a 10-year lease of a one million square feet logistics center in Los Angeles, the two companies said in a joint statement on Monday.Damco will occupy 100 percent of the space at Goodman Gateway Santa Fe Springs…
China has pledged to buy more U.S. goods to reduce America's huge trade deficit and help avoid exacerbating a trade war between the world's two biggest economies, with energy and commodities high on Washington's list of products for sale.The U…
European Sea Ports Organisation (ESPO) congratulates the ports of Den Helder (Netherlands), Harlingen (Netherlands), Groningen (Netherlands), Den Oever (Netherlands), Niedersachsen Brake (Germany), Niedersachsen Cuxhaven (Germany) and Niedersachsen…
Cress Systems helps container terminals reduce fuel bills, emissions and power peaks with ProwESS energy storage for rubber-tyred gantry cranes (RTGs). New technology allows container ports and terminals to capture, store and reuse energy…
What is a “single window” and why do ports need one? What are the best practices when it comes to electronic business and port logistics? How is International Maritime Organization (IMO) supporting developing countries to get ready for…
April exports at the ports of Seattle and Tacoma were up 3.3 percent at 112,645 TEUs (20-foot equivalent units) amid rising trade tensions. At 111,858 TEUs, import volumes through the ports, which together comprise the Northwest Seaport Alliance…
Tim Nolan has been named the next president and CEO of U.S. domestic ocean carrier TOTE Inc., parent company Saltchuk announced today. TOTE is the parent company to TOTE Maritime and TOTE Services.Nolan, who is currently president of TOTE Maritime Puerto Rico…