U.S. Department of Homeland Security’s Port Security Grant Program strengthens commitment to enhancing security at Port Canaveral The Canaveral Port Authority has been awarded $1 million in federal funding to bolster Port security programs and critical infrastructure…
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 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…
Maritime security poses a serious issue for governments, international bodies and organizations, legal advisors, risk management firms, shipping and security companies. The global scale of the operations of the maritime industry puts a lot of…
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…
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…
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…
Oil fell for a third day on Wednesday, dropping nearly 1 percent on concerns about rising U.S. production and another drop in financial markets after U.S. consumer prices rose more than expected.Brent crude futures fell 55 cents to $62.17 a barrel by 1350 GMT…
Inmarsat and Intellian have signed an outline agreement that will support enhancements to Inmarsat’s FleetBroadband service for the next decade and beyond. The new agreement will see Intellian design and manufacture a new generation of FleetBroadband…
The Piraeus Port Authority S.A. (PPA) 2017 financial report revealed profits before tax amounted to €21.2 million ($26.19 mln) compared to €11.0 million ($13.59 mln) in the year 2016, showing an increase of 92 percent.Turnover amounted to €111…
Nippon Yusen Kabushiki Kaisha (NYK) said that it has discovered that there is a possibility that former locally hired management personnel in NYK Car Carrier (China), its consolidated subsidiary located in Shanghai.The China unit is engaged in finished car logistics business in China…
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…
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…
The Canaveral Port Authority has been awarded $1 million in federal funding to bolster Port security programs and critical infrastructure. Port Canaveral is one of thirty-three U.S. ports to have been awarded direct grants by FEMA for FY‘17…
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…