The Alameda County Transportation Commission has received $12.45 million from the California Transportation Commission for the implementation of the Freight Intelligent Transportation System (FITS) program at the Port of Oakland.FITS includes…
Kalmar, a global company providing cargo handling solutions and part of Cargotec, said that new ways of working together enable its customers to utilise the unique expertise of both parties, share costs and risks, and come up with proven solutions quickly…
The three governments of Sri Lanka, Japan and India have signed a Memorandum of Cooperation (MoC) for the development of the East Container Terminal (ECT) located in the Colombo South Port.'As a hub of the Indian Ocean, the development of Sri Lanka and openness of its ports are of great importance…
Associated British Ports (ABP), owner and operator of the Port of Lowestoft, has launched a consultation on the Port of Lowestoft Master Plan, a document that sets out ABP’s future vision for growth and development at the port from now until 2036…
U.S.-flag Great Lakes freighters (lakers) moved 7.5 million tons of cargo in April, an increase of 23 percent compared to a year ago. The April float was 20.7 percent above the month’s 5-year average.April iron ore cargos for steel production totaled 4…
The West Africa Container Terminal (WACT) has invested in a new container freight station (CFS) at the Port of Onne, Nigeria.The 1,520m2 facility - the first of its kind in East Nigeria - provides Nigerian farmers with an opportunity to grow…
Canadian Québec Port Authority (QPA) has signed a long-term commercial agreement with Hong Kong's Hutchison Ports and Canadian National Railway (CN) to build and operate a new container terminal, known as project Laurentia.The agreement increases…
Following the friendly takeover bid for the contract logistics and freight management solutions provider CEVA Logistics, the French container transportation and shipping giant CMA CGM Group now holds 99.4% of CEVA's equity.The shipping Group is resolutely committed to CEVA's financial recovery…
The St. Louis Regional Freightway and the Port of Savannah are forging a partnership to create a new connection between the St. Louis, Mo. region and the largest single-terminal container facility in the western hemisphere. In response to record movement of 4…
CSP Abu Dhabi Terminal, a container terminal built and operated by China's COSCO SHIPPING Ports Limited (CSP) at Khalifa Port in partnership with Abu Dhabi Ports, has received two of the world’s largest mega-vessels within less than a month - cementing Abu Dhabi’s position as a global maritime hub…
A.P. Moller-Maersk, the world's largest container shipping company, warned on Friday that trade tensions and an economic slowdown are slowing growth in global freight.Maersk, which is seen as an indicator of global trade patterns, cut its forecast…
India’s largest private multi-port operator Adani Ports and Special Economic Zone (APSEZ) will set up its first container terminal outside India in Myanmar at an estimated cost of US$ 290 million.Adani Group said that all requisite permissions…
Greek shipping company Star Bulk Carriers Corp reported a net loss of $5.3 million, or $0.06 loss per share for the first quarter ended March 31, 2019.Net income for the first quarter of 2018 was $9.9 million, said the global shipping company…
Peel Ports Group has announced that it has acquired Quality Freight (UK) Limited, which provides chartering and a range of port services operating from a 40 acre multimodal facility at Ellesmere Port in Cheshire.The value of the transaction has not been dicslosed…
Germany’s largest universal port is again on a growth path, achieving a distinct advance in the first quarter of 2019 with seaborne cargo throughput ahead by 6.0 percent at 34.6 million tons.Both general cargo throughput at 23.9 million tons - up 5…