Logistics News


Organisations Across Europe Ask EU to Invest More in Transport

Sep 21, 2017

With the slogan “More EU budget for transport, the best investment plan for Europe” a coalition of thirty European transport organisations are launching today their campaign for a strong connecting Europe Facility for the next financial period 2021-2028…

GAC Announces IT Appointments

Sep 21, 2017

The GAC Group has announced two key IT management appointments as the group aims to maximize the effectiveness of digital tools to serve and grow its global business. Chief Information Officer Martin Wallgren says GAC’s new digital platform focuses on market intelligence…

Baltic Index Extends Gaining Streak

Sep 21, 2017

Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a sixth consecutive session, helped by stronger rates for capesize and smaller vessels.The overall index, which factors in rates for capesize…

CMA CGM Confirms CSSC Yards for Mega-Ships

Sep 20, 2017

CMA CGM, the world's third- largest container line, and CSSC Group have officially signed the contract for the construction of nine 22,000 TEU ships, the largest container vessels ordered to date.Representatives from CMA CGM, Hudong-Zhonghua Shipbuilding (Group)…

Crowley Awards Scholarships to Four Cal Maritime Cadets

Sep 20, 2017

Crowley Maritime Corp. awarded four California Maritime Academy (CMA) students with Thomas B. Crowley Sr. Memorial Scholarships during last night’s Containerization and Intermodal Institute’s Connie Awards dinner in Long Beach, Calif. Crowley’s Victoria Ellis…

Northwest Seaport Alliance CEO Wolfe Receives 2017 Connie Award

Sep 20, 2017

John Wolfe, CEO of The Northwest Seaport Alliance, received the 2017 Connie Award presented by the Containerization & Intermodal Institute in Long Beach, Calif., on Tuesday, September 19.Since the formation of the NWSA in August 2015, Wolfe…

Dominican Republic Shuts Most Ports ahead of Hurricane Maria

Sep 20, 2017

Dominican Republic closed most of its ports ahead of Hurricane Maria, but the country's 34,000-barrel-per-day refinery was still running, the government said on Wednesday. Ports that suspended operations under the 'red alert' declared for extreme weather conditions are La Romana…

Kalmar, MSC Pact for Container-Handling Equipment

Sep 19, 2017

Kalmar, part of Cargotec, is to continue its cooperation with Mediterranean Shipping Company (MSC) with a new order for container-handling equipment.  The order, comprising five Kalmar reachstackers and two empty container handlers, was booked in Cargotec's 2017 third quarter intake…

River Thames Simulation Supports Safer Navigation

Sep 19, 2017

The Thames Tideway Tunnel project, London’s new ‘super sewer’, which will upgrade the city’s 19th century sewerage system for today’s eight million plus inhabitants, requires excavation on an enormous scale. Creating a tunnel 25 kilometers in length…

Swedish Transportation Delegation Visits Seoul

Sep 19, 2017

Sweden’s Minister for EU Affairs and Trade to Seoul, Anne Linde, and a high level Swedish business delegation, including Seth Ryding, Head of APAC at Telenor Connexion, are invited as key partners for the Next generation transportation in Smart Cities summit in Seoul on September 20-21…

Diana Enters TC Contract with Unico Logistics

Sep 18, 2017

Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Unico Logistics, Seoul, for one of its Panamax dry bulk vessels…

Global BCOs Hit by Rising Contract Rates from Asia

Sep 18, 2017

Contract freight rates paid by Beneficial Cargo Owners to move their products by container have increased for a 4th consecutive quarter, according to actual contract rate data from the Drewry Benchmarking Club. Average contract rates on…

TRAC Intermodal Unveils Two New Mobile Apps

Sep 18, 2017

TRAC Intermodal has introduced two new mobile applications that set out to improve and simplify customer access to emergency road service and online chassis booking: TRAC Interstar’s road service app, RoadStar, and TRAC Intermodal’s EZBook 2…

August Trade Heats Up in Brunswick, Savannah

Sep 18, 2017

Auto and container volumes at the U.S. Southeast's busiest ports in Brunswick and Savannah experienced impressive growth in the month of August.  Colonel's Island Terminal in Brunswick moved 53,675 units of roll-on/roll off cargo, an increase of 7…

Palmali Lodges $2 Bln Claim Against Lukoil's Litasco

Sep 18, 2017

Turkey-based Palmali, one of the biggest shippers in the Caspian region, said on Monday it had lodged a claim worth almost $2 billion against Litasco, the trading arm of Russian oil producer Lukoil, with the English High Court.'The claim concerns an alleged failure by Litasco S…

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