Intermodal News - page 21

 

Port of Stockholm Reports Freight Bump

Apr 24, 2020

The supply of goods through Sweden’s third-largest freight port is functioning well despite the difficult situation resulting from the coronavirus pandemic, the Port of Stockholm said on Friday. The amount of goods transported via the port in…

Crowley Expands Reefer Capabilities in Port Everglades

Apr 15, 2020

Crowley Logistics has expanded its on-terminal, perishables handling capabilities by constructing a new USDA inspection dock in Port Everglades, Fla. The new $1.6 million dock has capacity for 80 refrigerated (reefer) containers, more than double the previous size…

India's March Exports Down 34.6% Y/Y

Apr 15, 2020

India's merchandise exports shrank by more than one-third from a year ago, dragged down by a fall in global demand and shipments due to the outbreak of coronavirus, the Trade Ministry said in a statement said on Wednesday.Merchandise exports fell to $21…

Port Elizabeth Adds Lifting Muscle to Prep for Citrus Season

Apr 14, 2020

Port Elizabeth Container Terminals (PECT) prepares for the upcoming citrus fruit harvest with new Liebherr mobile harbor crane technology. The two LHM 600 were transported from Rostock, Germany to South Africa. After a 20-day journey, they were unloaded from the transport vessel “Happy Dragon”…

COVID-19 Impacts on Demurrage and Detention

Apr 07, 2020

What might not be so obvious in this COVID-19 environment, which we have grown to associate with shortages, is that counterintuitively there are issues beginning to appear dealing with the opposite situation. The Journal of Commerce has reported…

Maersk Leverages Digitial Tech to Keep Cargo Moving

Apr 07, 2020

While movers of global cargo is traditionally not a 'stay at home' work scenario, one of the world's largest movers of containers increasingly leverages digital solutions and helps to maintain 'social distancing' to keep goods on the move globally…

Diego Aponte: MSC CEO Offers Insight on COVID-19 Impact

Apr 06, 2020

In an open letter posted on the MSC website, MSC Group President & CEO Diego Aponte offered public comment and perspective on the COVID-19 situation for MSC's cargo business. “The spread of COVID-19 has created a public health issue unprecedented in our lifetimes…

Shipping Industry Urges G20 to Keep Freight Flowing

Mar 24, 2020

Ships and their crews must be able to trade freely with minimal port restrictions to ensure supply lines don't freeze up while the coronavirus shuts down much of the globe, shipping and port officials said on Tuesday.After draconian steps to stop the spread of the virus…

Intermodal Supply Chains Strain Under the Weight of Coronovirus Lockdowns

Mar 24, 2020

LONDON/MADRID/LOS ANGELES, March 23 - Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most affected areas…

Western Supply Chains Buckle as Coronavirus Lockdowns Spread

Mar 23, 2020

Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most affected areas, such as Italy…

IMF: Global Impact of COVID-19 will be Severe, but Temporary

Mar 21, 2020

As many markets struggle to find their footing in the face of the global COVID-19 pandemic, a recent podcast with Martin Muhleisen, director of the IMF's Strategy, Policy, and Review department, helps to lend insight and perspective from the view of the International Monetary Fund…

China Steel Futures Rise on Demand Optimism

Mar 16, 2020

Chinese steel futures hit their highest in nearly two months on Monday on signs of a recovery in demand, and as policymakers worldwide rolled out more stimulus measures to cushion global economies reeling from the coronavirus pandemic.The U…

Rumo Says No Impact from Coronavirus on Soy Freight

Mar 09, 2020

An executive at Brazil's largest railway operator Rumo said soy crushing in China is returning to normal levels after an extended halt, a good sign for logistics operators involved in moving the oilseeds from Brazil's fields to the world's top importing country…

Several People Found in Container at UK Dock

Mar 05, 2020

A number of people have been found in a shipping container at a port in Hull, northern England, police said on Tuesday, some of whom needed medical attention.“Officers are currently in attendance at King George Dock in Hull after a number of people have been found in a container at the dock…

Container Shortages? Virus Exposes Germany's Vulnerabilities

Mar 05, 2020

Germany is heading for its longest recession since reunification in 1990 as the coronavirus exposes its vulnerability to disruptions in global trade, business association BDI said on Thursday.Industry in Europe’s largest economy had already…

Logistics News

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

Bulls Joins TVO's Global Business Development Team

Bulls Joins TVO's Global Business Development Team

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

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Four US LNG cargos diverted from Europe to Asia
Media reports that Malaysian Petronas is accused of violating Sarawak State laws
British women rowers attempt second Pacific Ocean crossing