The Board of Commissioners of the Port of New Orleans has announced that, effective Jan. 1, 2017, Brandy D. Christian has begun service as the Port’s president and chief executive officer following her two-year tenure as its chief operating officer…
GAC Shipping (India) Pvt Ltd has appointed Mukesh Chakraborty as the Branch Manager, Logistics Services for its Bangalore office. Mukesh brings 13 years of experience in freight forwarding, customs clearance, transportation and warehousing and distribution to his new role…
A report forecasts the global container fleet market to grow at a CAGR of 3.19% during the period 2017-2021. The report says key vendors in the market are Maersk, CMA CGM & MSC. To calculate the market size, the report by Research and Markets…
Rail freight shipping and freight transport services across the U.S., Canada, and Mexico 2017 market expected to grow at compound annual growth rate (CAGR) of 5.57%. The analysts at WiseGuyReports forecast the rail freight transportation market in North America to grow at a CAGR of 5…
Average dwell times at San Pedro bay container ports for November are in and there has been a decrease once again. This improved efficiency is good news as the percent of containers exceeding five days also decreased, while container throughput…
Operating cost movements are central to shipping’s fortunes. Shipping has certainly lived up to its reputation for volatility during the past twelve months. The quarterly Moore Stephens Shipping Confidence Survey showed industry confidence…
For liner operators, light at the end of a tunnel, for owners, just another train At the behest of their backers, tonnage providers are being forced to exchange hope for action, while for operators the worst may just be over, says Maritime Strategies International (MSI)…
Shipments of limestone on the Great Lakes totaled 26.3 million tons in 2016, a decrease of 9.3 percent compared to 2015, reported Lake Carriers’ Association (LCA). Loadings in 2016 were also 5.3 percent below the trade’s five-year average. Loadings from U…
GAC has set up a new office in Kaohsiung, Taiwan to cater to the growing demand for ship agency services in the country.Since entering the Taiwanese market in 1999, GAC’s prime focus has been on its mainstay logistics business, and it has…
Colombo International Container Terminals (CICT) has reported a throughput of two million TEUs for the 12 months ending 31 December 2016, a year-on-year growth of 28 percent in volume, enabling the Port of Colombo to register overall incremental growth during three consecutive years…
The Wilhelmsen group hires Inge André Sandvik as head of digital solutions, starting January 2017. “Accelerating our digital transformation, Inge brings with him a unique combination of digital entrepreneurship, business curiosity and a large network within the digital eco-system…
TFI International Inc., formerly known as TransForce Inc., a North American leader in the transportation and logistics industry, has announced that a wholly-owned subsidiary of TFI International has acquired Brampton, Ontario based National Fast Freight (NFF) from Calyx Transportation Group…
The adjustment of the navigation channel on the Lower and Outer Elbe is the most important strategic expansion project for the Port of Hamburg. In view of the rapidly growing ships, Hamburg is dependent on adapting its seaward access to this technical development in the long term…
Hong Kong Container port business trust Hutchison Port Holdings Trust (HPH Trust) has reached an agreement to purchase a majority stake in Huizhou International Container Terminals Limited (HICT) in Guangdong from the trust’s sponsor for about $86…
Bankrupt South Korean shipping company Hanjin will sell its operations of the Port of Seattle’s Terminal 46 to Switzerland-based Mediterranean Shipping COmpany (MSC) subsidiary Terminal Investment Limited (TIL), reports AP. The Seattle Times…