Dachser recently announced that newly acquired Ireland-based Johnston Logistics Ltd. will officially launch as Dachser Ireland Ltd. and be fully integrated into the Dachser network by September 2019. Expanding its footprint into the Irish market…
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)…
U.S. Treasury Secretary Steven Mnuchin on Monday told reporters he expects to have another telephone call with Chinese officials this week as part of resumed discussions about a trade agreement.U.S. President Donald Trump and Chinese President…
John F. Reinhart is the CEO and executive director of the Virginia Port Authority (VPA). He is responsible for the broad programmatic areas of business development and growth, strategic marketing, finance, and operations of Virginia’s marine terminal facilities: Virginia International Gateway…
Japanese transport company Mitsui O.S.K. Lines, Ltd. (MOL) announced that its group company Mitsui O.S.K. Passenger Line, Ltd. (MOPAS) has scheduled a major renovation of its operated cruise ship, the Nippon Maru.According to a press release from MOL Group…
Navios Maritime Containers L.P. (NASDAQ: NMCI) appointed Erifili Tsironi as Chief Financial Officer of Navios Containers. Tsironi previously served as Co-Chief Financial Officer of Navios Maritime Acquisition Corporation since December of 2018…
Samskip, a European multimodal service provider group, appointed Kari-Pekka Laaksonen as the Group Chief Executive.Laaksonen, who takes up his post at Samskip’s Rotterdam headquarters on August 1st, 2019, is the former CEO of Samskip competitor Containerships…
Frequently sounding bridge warnings, especially false ones, can create ‘alarm fatigue’ and hinder watch keepers in carrying out their vital role, a new survey supported by InterManager has revealed.Responding to the findings, InterManager is…
Freight volumes in the United States and around the world are falling, signalling tougher times for manufacturers amid escalating trade tensions and heightened uncertainty.Freight volumes in the United States were up by just 0.8% in the three…
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…
Some residents and visitors prepared to flee New Orleans on Thursday as Tropical Storm Barry closed in and city officials warned of severe flooding if it makes landfall by early Saturday as the first Atlantic hurricane of the 2019 season.The…
Every few years I am handed a high-speed container transport proposal. Generally it consists of some type of high speed vessel design that would be able to move containers at high speed and thereby attract a new market by taking a chunk out of the air cargo market and the premium ocean market…
A go-slow by workers at a major South African port is hitting exports of cars and other commodities, the country's Public Enterprises Minister Pravin Gordhan said on Thursday.State-owned rail operator Transnet said it had suspended a number…
Port operator DP World plans to raise at least $700 million through conventional and Islamic bond issues on Thursday, documents issued by banks involved in the deal showed.Majority owned by the Dubai government, DP World plans to issue benchmark sukuk with a 10-year maturity…
