Logistics News


Principle Logistics Group Names Xeros as President

Feb 14, 2018

Principle Logistics Group, a Fort Worth-based, strategic planning and transportation logistics and management company, has announced the hiring of Dean Xeros as their new president. In his role, Xeros will be responsible for leading an aggressive…

JAXPORT's Foreign Trade Zone Opens

Feb 14, 2018

JAXPORT partner North Florida Warehouse FTZ, a division of JZ Expedited Companies, has celebrated the grand opening of Foreign Trade Zone No. 64’s first outdoor storage facility. The 3.7-acre facility is located minutes from JAXPORT’s North…

Valentine's Day in Full Bloom at CrowleyFresh

Feb 14, 2018

Crowley Maritime Corp.’s cold storage warehouse and logistics services company in Miami prepared more than 35,000 floral arrangements for this year's Valentine's Day.For the past six weeks, CrowleyFresh employees have been hard at work receiving…

Ports of Indiana on a Four-year Growth Run

Feb 14, 2018

The Ports of Indiana handled 11.8 million tons in 2017, resulting in a 5 percent increase from 2016 and the second-highest annual shipment total in the organization's 57-year history. This was the fourth-consecutive year that the Ports of Indiana handled over 10 million tons of cargo…

Baltic Index Drops

Feb 14, 2018

The Baltic Exchange's main sea freight index dropped nearly 2 percent on Wednesday, weighed down by lower rates for capesize vessels ahead of a week-long Lunar Year break in China starting Thursday. The overall index, which factors in rates for capesize…

TRAC Intermodal Helps Fuel NY/NJ Cargo Growth

Feb 14, 2018

TRAC Intermodal said it has made significant investments to expand and improve the quality of its Metro Pool chassis fleet in order to support the record growth in the NY/NJ port. TRAC said it has refurbished thousands of chassis to “like…

THE Alliance Announces Further 2018 Network Enhancements

Feb 13, 2018

Following the announcement of the 2018 service network in December the members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming have worked to refine the product offerings.  Several services will see additional enhancements to improve transit times…

MOL Allies with NCC

Feb 13, 2018

Japanese shipping company Mitsui O.S.K. Lines (MOL) has signed a capital and business alliance agreement with chemical tank specialist logistics provider Nippon Concept Corporation (NCC).  'MOL and NCC concluded the agreement with the objective…

Fitch: U.S. Port Growth Steady as NAFTA Decision Looms

Feb 13, 2018

U.S. ports are positioned for another solid year of growth, though the Trump administration's evolving stance on both domestic and international trade is a long-term development worth a close watch, according to Fitch Ratings in its latest sector briefing…

New Milestone for Nauticor`s LNG Bunker Operation

Feb 13, 2018

Nauticor has conducted the largest-ever LNG bunkering operation in Germany in the Elbehafen in Brunsbüttel.  The hopper dredger 'Scheldt River' received 85 tons of the environmentally-friendly fuel in a truck-to-ship operation this week…

Container Shipping Struggles with Overcapacity: McKinsey

Feb 12, 2018

The container shipping industry is expected to continue to struggle with overcapacity and an inability to deliver value to shareholders, warns consultancy McKinsey & Company in its latest report. As container lines search for successful paths forward…

Ammar Kanaan Appointed CEO of Terminal Investment by MSC

Feb 12, 2018

The shipowning group Mediterranean Shipping Company (MSC) has appointed Ammar Kanaan as Chief Executive Officer of its cargo container terminals arm Terminal Investment Limited (TiL).  TIL directly manages or crosses 53 container terminals in ports of five continents…

RollDock, SAL Heavy Lift Form Dock Vessels Pool

Feb 12, 2018

RollDock and SAL Heavy Lift announced plans to join forces for roll-on/roll-off and float-in/float-out heavy lift cargoes, saying they will launch a “world’s first” pool for dock vessels from April 1, 2018. The pool will consist of the combined…

Truckers in Argentina Lift Strike, Freeing Grain Exports

Feb 12, 2018

Truckers in Argentina ended a strike that had stalled grain exports and agreed to meet with transportation authorities later this month to resolve their differences, the government said on Saturday. Nearly 100 cargo ships were waiting on…

Several Car Shippers Face Fines for Rigging Bids

Feb 12, 2018

EU antitrust regulators are set to fine Nippon Yusen KK (NYK) and several other Japanese shippers as well as Norwegian Wallenius Wilhelmsen Logistics ASA (WWL) in the coming weeks for rigging bids for shipping cars, according to people with knowledge of the matter…

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