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,'…
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…
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…
DNV GL, the risk management and quality assurance company, has bought a stake in leading public blockchain service provider VeChain as it looks to use the technology to develop new digital assurance solutions. The acquisition builds on…
Mitsui O.S.K. Lines has announced that its joint venture company Haiphong International Container Terminal held an opening ceremony for the new Haiphong International Container Terminal (HICT) at Lach Huyen Port, Vietnam on May 13. HICT…
Hapag-Lloyd has completed the first quarter 2018 with earnings before interest, taxes, depreciation and amortisation (EBITDA) of EUR 219.4 million, which is an increase compared to the first quarter of the previous year (EUR 135.3 million)…
Crowley Logistics has announced that Customized Brokers, its customs brokerage subsidiary, has begun servicing private-label women and children’s apparel manufacturer Land N’ Sea with expanded supply chain services. Through the new agreement…
April 2018 was the Port of Oakland’s best month ever for imports in its 90-year history. The 75,369 TEUs loaded imports volume bested the previous record of 75,243 set in April 2006.The port’s total cargo volume is up 2.9 percent over the same period a year ago…
The 2.5 million twenty-foot equivalent units moved by the Port of Long Beach in the first four months of 2018 is more than 17 percent above last year’s record pace.In April, Long Beach dockworkers handled 618,438 twenty-foot equivalent units (TEUs)…
Israeli dockworkers on Sunday ended a three-day strike that had shut down the country's two main seaports after a court ordered them back to work.Officials at the Mediterranean ports of Ashdod and Haifa said operations had resumed and that cargo ships were once again being unloaded…
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…
ZIM Integrated Shipping Services Ltd. announced that Xavier Destriau will take over as the company’s new CFO, effective June 15, 2018. He will replace Acting CFO, Yohai Benita, who has completed his position at ZIM.Destriau has worked at CMA…
German container shipping line Hapag-Lloyd reported a higher net profit and operating result in the first quarter of 2018 on Monday, citing better transport volumes, but said earnings improvements would mostly be made in the second half.'We have had a solid start into the current year…
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…
ADNOC Logistics and Services, the shipping and services arm of the Abu Dhabi National Oil Company (ADNOC), has signed a contract with Borouge, a leading provider of value creating plastics solutions, to handle its Ruwais container terminal operations…