Two state-run Chinese firms - China National Transportation Equipment & Engineering Co Ltd (CTC) and Dalian Shipbuilding Industry Co (DSI) - are pushing for multi-billion dollar Intermodal transport deals with Iran, says a report in Reuters…
The CKYHE Alliance is reorganizing its service network for Asia-Europe and Asia-Mediterranean trades as the carriers try to counter the weak demand and excess capacity that is plaguing the route and dragging down freight rates. Members of the CKYHE alliance…
The HOYER Group, a leading bulk logistics providers, has appointed GAC as its official agency partner in 17 countries in the Middle East, Indian Subcontinent and Africa. A traditional independent family business since 1946, HOYER is one…
United Arab Shipping Company (UASC) has launched a new Indian Subcontinent Mediterranean Express Service (IMEX) on 26 February, offering coverage from the Arabian Gulf, Indian Subcontinent and Red Sea into West Mediterranean. This new, fixed–day…
DP World signed two major contracts for civil construction work at its new Container Terminal 4 on a reclaimed island in Jebel Ali Port. His Excellency Sultan Ahmed Bin Sulayem, DP World Group Chairman and Chief Executive Officer; Zeyad Baker…
The U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) is seeking nominations for the newly-created Port Performance Freight Statistics Working Group. The working group, mandated by the Fixing America’s Surface Transportation (FAST) Act…
Vice President Biden commemorates 7th Anniversary of American Recovery and Reinvestment Act at Port of New Orleans; tours the port’s new Mississippi River Intermodal Terminal Vice President Joe Biden toured the Port’s new Mississippi River…
Hapag-Lloyd has announced it has signed a cooperation agreement with XVELA’s Oakland based partner company XVELA to pilot test the new XVELA platform. With Cargotec in the process of acquiring the CAPSTAN stowage planning software used by Hapag-Lloyd…
UPS, one of North America’s largest intermodal shippers, has told federal regulators that it is against Canadian Pacific Railway's (CP's) proposed acquisition of Norfolk Southern Corp. (NS). UPS' thumbs-down has dealt a severe blow to CP's $28 billion bid to acquire U…
Bangladesh and Thailand are planning to launch direct coastal shipping, connecting the Chittagong Port in the Bay of Bengal with the Ranong Port in the East of the Andaman coast in south-western Thailand. Bangladesh Ambassador to Thailand…
China's COSCO is forging ahead with a plan to build a European transhipment hub, reports Reuters. The state owned shipping giant is expected to make an offer for Greece's rail network after becoming the sole bidder for the country's largest port…
Bernhard Schulte Shipmanagement (BSM) yesterday joined with parent company, Bernhard Schulte, in hosting a reception in Tokyo to engage with the shipping community and recognize the long-standing relationships that have been developed with Japanese partners over a 40 year period…
Swiss Mediterranean Shipping Co. (MSC) has finalized the acquisition of CP Carga, the freight and logistics unit of Portugal’s state-owned railway. MSC Rail, railway company of MSC, has completed the acquisition of the CP Carga - Logística e Transportes Ferroviários de Mercadorias SA…
2016 marks the 100th anniversary of the Port of Beaumont, a major deepwater port in Southeast Texas. A series of celebrations and public events began October 20th, when the Greater Beaumont Chamber of Commerce presented the port with its Spindletop Award for outstanding corporate citizenship…
Norfolk Southern Railway has announced disappointing financial results, and a cost-cutting plan that could eliminate two thousand jobs over the next four years. Norfolk has assured shareholders that despite weak carload volume and tumbling…
