Risk appetite returned to world markets on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations' leaders in Tokyo.The South China Morning Post (SCMP)…
The global port management company International Container Terminal Services Inc.(ICTSI) said yard utilization at its Manila port dropped 58 percent in June despite a series of holiday periods and low trucking activity.The Manila International Container Terminal (MICT)…
Dachser, a leading global logistics provider, has announced it is launching test operations with Mercedes-Benz eActros, an all-electric 18-ton truck, in Stuttgart, Germany, where Dachser is testing its city logistics concept, DACHSER Emission-Free Delivery program…
The United States 'is not looking for victory' with China over trade but wants 'a sensible deal that addresses the legitimate issues that we have,' U.S. Commerce Secretary Wilbur Ross said on Wednesday.'There are some inappropriate activities underway by the Chinese…
Danish shipping conglomerate Maersk launched a digital service that is designed to simplify supply chains and provides customers with a cargo loading guarantee at a fixed price.The Maersk Spot platform also helps its clients by addressing some…
Navis, a part of Cargotec Corporation, and the provider of on premise and cloud collaborative stowage planning solutions, announced that Orient Overseas Container Line (OOCL) has chosen the Navis stowage planning software StowMan for effectively stowing vessels in its container ship fleet…
Senior Chinese and U.S. trade officials spoke by telephone on Monday ahead of talks between Chinese President Xi Jinping and U.S. President Donald Trump set for later this week, as the world's two largest economies remain locked in a tariff war…
U.S. furniture company RC Willey Home Furnishings is so concerned that new global clean air rules will cause transport disruption that it brought forward the shipment of arm chairs and sofas from China by two months.The tougher regulations, set by the United Nations shipping agency…
Europe’s second-largest seaport Port of Antwerp is building additional container handling capacity in the Antwerp port area.To cope with further growth until 2030 and also to attract international investment in the future, additional capacity of 7 million containers per year is required…
German shipyard Meyer Werft has handed over Spirit of Discovery, second of three new cruise ships in 2019, to the British cruise line Saga Cruises.The vessel with a rating of 58,250 GT is already the second new build completed by Meyer Werft…
The dedicated scheduled import train from Port Pipavav to Garhi Harsaru [NCR region] is operated by Gateway Rail Freight Ltd. (GRFL) for CMA CGM. The import train arrived at Garhi Harsaru on June 12th, 2019 and was received by Mr. Ugo Vincent…
APL, part of the CMA CGM Group, has announced the launch of the Bangkok Haiphong (RBH) service that will provide weekly connectivity between South China, Thailand and Vietnam.An express service from South China to Thailand, the RBH service will…
NewbuildingMany Chinese companies have been stepping up in the bulker market with COSCO Shipping and Avic leasing placing orders at Chinese yards. Of the total 313 Bulkers ordered over the past year, nearly 40% have been Panamax vessels, demonstrating the hot market…
Europe's largest multimodal transport group by freight volume Samskip said it is fully prepared for a North Sea container traffic surge, as attitudes harden in the run up to October's revised Brexit deadline.The global logistics company offering transport and related services by land…
Port of Oakland Executive Director Chris Lytle is sounding an alarm over the trade war with China. The veteran maritime leader this week warned that tariffs imposed by both sides threaten the U.S. economy. He added that trade barriers could dry up his customers’ access to a major export market…
