Latvia recorded the strongest real growth among European states in the first quarter of 2018, posting a seasonally adjusted rise of 5.1 percent on strong domestic demand, driven by EU funded major projects, and greatly consuming private households…
German exports and industrial output both unexpectedly fell in July, in a fresh sign that manufacturers in Europe's largest economy are suffering from U.S. President Donald Trump's protectionist trade policies.The Federal Statistics Office said on Friday seasonally adjusted exports fell by 0…
Brazil's policy of setting minimum freight rates is reducing the volume of cargo at Brazilian ports as farmers and agricultural exporters have difficulty arranging transportation at higher cost, according to the head of a Brazilian ports association…
National transport agency ANTT will revise Brazil's minimum truck freight prices, the regulator said in a statement late on Saturday, without providing details or a time-frame for an announcement of new government-set values.ANTT said on its…
Kalmar, part of Cargotec, has been awarded a contract to heighten four ZPMC ship-to-shore (STS) cranes operated by Generale de Manutention Portuaire (GMP), a joint venture between DP World and Terminal Link (CMA-CGM), located in the port of Le Havre…
The U.S. economy shows signs of extending its nine-year expansion with the help of tax cuts and strong business and consumer confidence.Both the longevity of the expansion and the apparent limited slack in the labour and product markets suggest…
China's COSCO Shipping Holdings Co Ltd on Thursday said first-half profits fell 97.8 percent as it grappled with higher costs and a slide in freight rates.China's largest shipping group, which has bought a Hong Kong peer to become the world's third-largest container liner…
Canadian Foreign Minister Chrystia Freeland said on Wednesday she remained optimistic about progress on negotiations with the United States over a revamp of the North American Free Trade Agreement, but said there was a 'huge amount of work to do…
Broward County’s Port Everglades will receive more than $2.25 million in U.S. port security grants to advance firefighting capabilities and enhance the seaport’s security infrastructure.The FY 2018 Port Security Grant Program (PSGP) awards were announced on Friday by the U…
The Port of Long Beach is continuing to outperform 2023 clean air goals for diesel particles and sulfur oxides, even while cargo volumes have jumped to record levels, according to a comprehensive study of Port-related air pollution emissions…
The Greenbrier Companies, Inc. announced that its Executive Vice President (EVP) and Chief Financial Officer (CFO), Lorie Tekorius, has been appointed EVP and Chief Operating Officer (COO) by its Board of Directors, with expanded responsibilities…
Jawaharlal Nehru Port (JNPT), Ministry of Shipping, Ministry of Railways and state governments of Madhya Pradesh and Maharashtra will enter into a pact tomorrow for implementing a new Indore- Manmad Railway Line Project.The project will be implemented…
Kalmar, part of Cargotec, has received an order from China Railway Ürümqi Group Co., Ltd. to supply a total of 10 reachstackers. This order has been booked into Cargotec's second quarter 2018 order intake, with delivery scheduled to take place in the third quarter of 2018…
Four ship-to-shore cranes at Oakland International Container Terminal (OICT), the busiest terminal at the Port of Oakland, are 27 feet taller following completion this week of a year-long, crane-raising project.The fourth and final raised crane…
Record-breaking demands for coal and agriculture products propelled the Port of Indiana-Mount Vernon into historic territory with more barge shipments in the first six months of 2018 than any port in the history of Indiana's ports.Approximately 4…
