Recent trade friction between the United States and China and the prospects for higher interest rates are not likely to affect growth for the major transportation segments for the foreseeable future, according to Fitch Ratings in its latest U…
The Harbor Performance Enhancement Center (HPEC), a unique $130 million-dollar public-private partnership dedicated to facilitating sustainable freight movement and supply chain efficiencies throughout the United States, has completed a strategic transaction with Macquarie Principal Finance…
The East Coast’s most diversified cruise port is poised for an exciting run at the future. Almost 38 years ago, Port Canaveral, Florida had some minor cargo traffic, a large U.S. Navy presence, some submarines, and was homeport to an obscure…
The relentless increases in luxury ocean and river travel that has propelled the cruise industry in 2017 to new passenger records is a clear indication that 2018 and the next five years will see a new era in global travel. Even as the Cruise…
China has increased tariffs by up to 25 percent on 128 U.S. products, from frozen pork and wine to certain fruits and nuts, escalating a dispute between the world's biggest economies in response to U.S. duties on imports of aluminium and steel…
Japan's Ocean Network Express (ONE) announced the commencement of container shipping businesses on April 1, 2018.ONE is the result of an integration of the container operations of three Japanese shipping carriers, namely, Kawasaki Kisen Kaisha…
Containerized cargo volume moving through Port of Oakland is expected to increase 2 percent annually for the next five years. The catalyst for growth: a nearly $700 million injection of capital from outside investors. That’s the message…
Containerized cargo volume moving through this city is expected to increase 2 percent annually for the next five years. The catalyst for growth: a nearly $700 million injection of capital from outside investors. That’s the message Port of…
The Los Angeles Area Chamber of Commerce announced today that Jim MacLellan, director of trade development for the Port of Los Angeles, will be awarded the prestigious Stanley T. Olafson award at the 92nd annual World Trade Week Kickoff Breakfast on Friday…
The Compagnie Abidjanaise de Réparation Navale et de maintenance industrielle (CARENA), subsidiary of the Bolloré Group and the SOFIA Group, just acquired a 3rd dock, enhancing the operational capacity of West Africa’s biggest shipyard. With this new dock…
For three Japanese ocean carriers combining their shipping container business into ONE, the future is bright and it comes in magenta. The future arrives this April. ONE stands for Ocean Network Express, a joint venture of “K” Line, Mitsui O…
DP World Sokhna recently welcomed the largest bulk cargo vessel to ever arrive to the port and enter the Red Sea, said a press release from the company. Known as a capesize vessel, the M/v Seafarer originally came from Malta carrying steel cargo weighing more than 140…
APL, ocean carriers, providing world-class container shipping and terminal services, has announced the launch of the Quetzal Express (QEX) service, a new weekly service that directly connects the key markets of China, Mexico and West Coast South America…
The City of North Port and the International Trade Hub at Port Manatee are teaming with Chile’s trade commissioner in efforts to expand commercial links. “We look forward to realizing vast untapped potential for enhanced ties with both North Port and Port Manatee…
Four women dockworkers have filed federal discrimination claims against the shippers' association that runs 29 ports on the U.S. West Coast, saying they unfairly lost pay and seniority after becoming pregnant. Male dockworkers who temporarily…