Logistics News


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…

Turkey to Impose Retaliatory Measures against US Tariffs

May 18, 2018

Turkey will impose counter-measures on the United States in retaliation against steel and aluminum import tariffs imposed by President Donald Trump, the state-run Anadolu news agency said on Friday, citing officials from the economy ministry…

MOL Logistics Signs Pact with Al Madina Logistics in Oman

May 18, 2018

Mitsui O.S.K. Lines  (MOL) announced that its group company, MOL Logistics (Japan) has signed an agency agreement with Al Madina Logistics Services Company SAOC, which has developed its logistics business in Oman, which is expected to grow as emerging market…

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…

Dallas Company Secures Permits to Expand Crude Export Hub at Texas Port

May 17, 2018

Jupiter MLP LLC, a Dallas-based logistics company, has secured permits to expand a crude export dock at the Port of Brownsville in Texas, the latest in a series of moves made by U.S. companies to tap into booming overseas shipments.The expanded…

Japan Plans Retaliatory Tariffs Against US

May 17, 2018

Japan is considering tariffs on U.S. exports worth $409 million in retaliation against steel and aluminium import tariffs imposed by President Donald Trump, media reported on Thursday.Such a move would signal Tokyo is ready to go beyond backdoor talks and pleas for exemptions from the U…

Singapore Commodities Trade Revenue Jumped by a Third

May 17, 2018

Commodities trading in Singapore, Asia's main trade hub, generated close to $1.2 trillion in revenue in 2017, 33 percent more than a year earlier on the back of higher prices and surging demand, a senior government official said on Thursday…

One Million Ship Containers Missing after P&R Insolvency

May 17, 2018

Managers of insolvent P&R Group are being investigated after it was discovered the investment firm sold nearly one million more shipping containers than it owned, the Munich prosecutors' office said on Thursday.Once the world's biggest lessor of shipping containers…

Maersk: Disappointing Q1 Earnings Hit Share Price

May 17, 2018

A.P. Moller-Maersk missed first-quarter profit expectations on Thursday and warned that political and trade tensions clouded the outlook, sending shares in the world's biggest container shipper sharply lower.Earnings before interest, tax, depreciation…

INTTRA Adds Salam Pacific Indonesia Lines to its Carrier Network

May 16, 2018

INTTRA, the largest neutral network, software and information provider at the center of the ocean shipping industry, announced an expansion of its rapidly growing carrier network with the addition of Salam Pacific Indonesia Lines (SPIL), its first carrier in Indonesia…

SWIVEL unveils a Logistics Control Tower

May 16, 2018

SWIVEL Software announced, at the 3PL Value Creation Asia Summit in Hong Kong,  the launch of SWIVEL 360, a Logistics Control Tower that can provide both visibility and transparency between all parties in the supply chain. With SWIVEL 360…

New Hyundai Container Service Serves Hamburg

May 16, 2018

The Korean container shipping company Hyundai Merchant Marine (HMM) has started a new, independent Asia-North Europe service in April.  The first vessel of the AEX service to call at Eurogate Container Terminal Hamburg on 12 May was ‘Hyundai Forward’ with a capacity of the 4…

Kalmar to Supply SmartPower RTGs to Port of Buatan

May 16, 2018

Kalmar, part of Cargotec, has concluded a deal with Riau Andalan Pulp & Paper (RAPP) to supply three Kalmar SmartPower rubber-tyred gantry cranes (RTGs) for its container yard at the Port of Buatan in Indonesia.  The order was booked in…

ADM CFO: Supply Chain Can be Managed Through U.S.-China Trade Tensions

May 16, 2018

Global grain merchant Archer Daniels Midland Co (ADM)feels it can manage its supply chain to adapt to China's threatened tariffs on imports of U.S. soybeans, Chief Financial Officer Ray Young said on Wednesday. The Chicago-based company…

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…

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