Maersk Line, a part of A. P. Moller-Maersk, acknowledged that the United states has announced it will cease its participation in the joint comprehensive plan of action (JCPOA), and re-impose Sanctions on Iran following a wind down period. Maersk will respect U…
Parties involved in the transport of goods by rail have reached agreement with State Secretary Stientje van Veldhoven on a package of measures designed to make goods transport by rail more sustainable and more attractive. The measures include a large reduction in the user fee…
The World Trade Center of New Orleans announced William T. “Bill” Bergeron, CEO of Bergeron Resources, L.L.C. & Affiliated Companies, as the recipient of the 2018 C. Alvin Bertel Award. The C. Alvin Bertel Award was established in 1967 and is…
Today marks Panama Canal's two-year anniversary of the inauguration of its Canal Expansion. It is the largest enhancement project in the waterway’s 103-year history. To date, the Canal has transited 3,745 Neopanamax vessels.The performance…
More than 100 rescued migrants from private cargo ship Alexander Maersk, picked up off the coast of southern Italy on Friday, arrived in the southern port of Pozzallo in Sicily on Tuesday. The new Italian government has closed its ports to ships operated by charities in the Mediterranean…
France's CGT union says it is calling on port workers across the country to down tools on June 28 and join a protest against the policies of the government. Thursday's action coincides with the end of three months of rolling train strikes…
South Carolina Ports Authority president and CEO Jim Newsome has issued the following statement on the proposed new chassis pool structure to be known as the Southern States Chassis Pool: “The South Atlantic Chassis Pool was formed in 2006…
Energy Transfer Partners LP reopened the smaller of two Philadelphia area pipelines that help carry refined products from the region's refineries to the New York Harbor and Western Pennsylvania but the larger of the two remained shut, the company said in a customer notice seen by Reuters…
BNSF Railway Co on Monday said it could resume service Tuesday on a stretch of northwestern Iowa track damaged when a train left the track and crude oil spilled from derailed cars. The crude oil train derailed near Doon, Iowa, on Friday…
Shipbrokers Simpson, Spence and Young's Atlantic Capesize Index rose by 293 points in the week ending Monday to 8,038.The SSY Atlantic Capesize Index retreated by 293 points last week to 8,038 points as a quiet weak for trans- Atlantic coal…
Mr. Jacques R. Saade, founding president of the CMA CGM Group, died on June 24, 2018 at the age of 81, according to the company. Jacques R. Saadé dedicated his life to CMA CGM. An extraordinary visionary and entrepreneur, he made the group…
The standard gauge rail (SGR) freight service will increase the number of daily trains on the Mombasa-Nairobi route in the next five months to facilitate faster movement of cargo between the port and the inland container depot (ICD) in Embakasi…
TRAC Intermodal announced it is continuing its investment in its fleet modernization program by adding 16,000 premium chassis in 2018.TRAC said 8,000 new and 8,000 fully-refurbished chassis featuring LED lights, OEM tires, new brake systems…
Various parties active in the rail freight transport sector have reached agreement with State Secretary Stientje van Veldhoven about an incentives package that is intended to make rail freight transport even more sustainable and attractive…
A Brazilian Supreme Court hearing ended with no consensus on the adoption of minimum freight prices and whether such prices should be dictated by the government, Justice Luiz Fux said on Wednesday.Minimum freight prices, introduced by decree…
