The global shipping containers market, which amassed $9.29 billion in 2017, is estimated to reach $12.08 billion by 2023, growing at a CAGR of 4.5% from 2017 to 2023.According to a report by Allied Market Research, surge in seaborne trade, rise of transportation services…
Canada's backbone intermodal company Canadian National Railway Company (CN) has announced that David Trent will be joining the company as part of the railway’s objective of modernizing its scheduled railroading model.The new Vice-President (VP)…
The provider of software-as-a-service based shipping and logistics solutions, CargoSmart has announced the official execution of the Global Shipping Business Network (GSBN) Services Agreement with shipping majors.According to a statement from the shipment management software company…
Cargo traffic at the Port of Long Beach decreased in June compared to the same month in 2018, continuing a yearlong trend.Last June was the busiest month in the port’s 108-year history and capped the busiest second quarter during the busiest year ever…
The Minister of State for Shipping (Independent Charge), India, Mansukh Mandaviya will flag off an inland waterways vessel containing cargo from Bhutan to Bangladesh via Brahmaputra river and the Indo-Bangla Protocol Route today (July 12).'This…
The Port of Los Angeles moved 764,777 Twenty-Foot Equivalent Units (TEUs) in June, the busiest June in the Port’s 112-year history.The month marked the end of Fiscal Year 2018-19 in which the Port moved 9,688,252 TEUs, a 5.7 percent improvement over the previous fiscal year…
South Carolina Ports Authority (SCPA) handled record cargo volumes at the Port of Charleston in fiscal year 2019.SCPA handled nearly 2.4 million twenty-foot equivalent container units (TEUs) from July 2018 through June, an 8.8% increase in annual TEU container volume…
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation has announced new China-Thailand direct service and Thailand - Indonesia express service.Under the impact of rising global trade tensions, a relocation and adjustment of cargo flow and supply chains is expected…
Singapore-based shipping company Pacific International Lines Pte Ltd (PIL) announced improvements to its Southeast Asia to Australia services to meet the changing needs of the markets.PIL's current Australia-Asia Alliance Service 1 and 2 (AA1…
Sweden's Port of Gävle will be included on the rotation of the newly launched Unifeeder Sweden-Poland Service.According to Yilport Gavle, this is the first commercial feeder service ever to directly connect the Swedish east coast to Poland with a weekly service…
German container shipping company Hapag-Lloyd has decided to implement a global vessel risk surcharge (VRS) following recent maritime incidents in the Gulf of Oman.The container line said that operating costs for its services have increased…
Dutch seaports processed a record volume of goods in 2018 as the throughput of containers increased the most, reported the Central Bureau of Statistics (CBS).According to Statistics Netherlands (CBS), the total volume of incoming and outgoing…
The global container shipping line Zim Integrated Shipping Services Ltd (Zim) announced a further expansion of its strategic cooperation with the members of the 2M Alliance, Maersk & MSC, to the Asia - US Gulf Trade.'The new services, catering for both Central and South China and South Korea…
Oakland International Container Terminal (SSA), a major Port of Oakland tenant, said its $6 million conversion to hybrid yard cranes would cut greenhouse gas emissions 96 percent. “This is way better than we thought it would be,” said Ken Larson…
The 14th Meeting of the Railway Leaders of the Economic Cooperation Organization (ECO) and the 8th Meeting of the Railway Committee of the Transport Coordination Council of the ECO (TTCC) was held in Dushanbe, Republic of Tajikistan.The meeting…
