The world’s number two container group Mediterranean Shipping Company (MSC) has stopped any new potential trade with Russian entities that were sanctioned by the United States, the Swiss headquartered firm said on Tuesday. The United States…
Trade and investment restrictions are proliferating around the world, driven by a combination of security concerns and protectionist pressures. In each instance, policymakers can usually cite a justification of why trade and investment restrictions are necessary…
South Carolina Ports Authority officially opened Inland Port Dillon, its second inland facility constructed in the state to handle growing intermodal rail cargo volumes and deepen the port's reach into markets through the Carolinas to the Northeast and Midwest…
TRAC Intermodal has joined the Blockchain in Transportation Alliance (BiTA), an organization for the development of blockchain standards and education for the transportation industry, with the goal of bringing together leading companies that are committed to developing blockchain technology…
Danish shipping and logistics group DFDS has acquired Turkey’s largest operator of Ro-Ro freight ships and will be a major player in the strong and continuously growing trade between the EU and Turkey. U.N. Ro-Ro operates five routes connecting Italy and France with Turkey…
Westwell recently developed a driverless container truck, introduced in China's Zhuhai Port, in January. Adopting the latest artificial intelligence applications, it is a self-driving vehicle in a port environment. Artificial intelligence is changing the world of container shipping…
The Port of New Orleans (Port NOLA) received an Environmental Leadership Award from the Louisiana Department of Environmental Quality (LDEQ) on April 10, 2018, for the success of its Clean Truck Replacement Incentive Program (Clean TRIP) which…
World goods trade will grow 4.4 percent this year, maintaining a rapid recovery that could nevertheless unravel if trade tensions escalate further, the World Trade Organization said in its annual forecast on Thursday. Global trade growth…
Netherlands- based Van Straalen De Vries (VSDV) Transport Group began work of new building on the Port of Amsterdam’s Beiraweg. The ceremony was attended by VSDV Group family members, shareholders and employees. The company’s directors…
U.S. Commerce Secretary Wilbur Ross said on Wednesday he expects trade actions between the United States and China will likely lead to a negotiated deal, but that it was unclear whether such talks would happen by the end of May or later. 'It…
MacGregor, part of Cargotec, is upgrading and optimising the container stowage systems on board seven Hapag-Lloyd C-class (Samsung 9,300 TEU series) container vessels. A contract for four vessels was signed in December 2017 and was shortly followed by a further three in January 2018…
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…
Deal waiting for green light from CFIUS, China regulators; COSCO says keeping close eye on US-China trade tensions. COSCO Shipping's planned acquisition of Orient Overseas Container Line (OOCL) is on track to be completed by the end of June…
Höegh Autoliners steps up its direct service to Australia and New Zealand from the U.S. and Mexico, now offering two sailings per month. The service started as a monthly service earlier this year, and gives Höegh’s customers up to 30 days shorter transit-time from USA and Mexico to Australia…
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…
