PSA International Pte Ltd today announced the inception of PSA unboXed Pte Ltd (PSA unboXed), its new corporate venture capital arm with an initial fund size of S$20 million.Through its incubator program, PSA unboXed seeks to invest in and…
Greencarrier Freight Services, a privately owned global transport solutions specialist, has promoted Jarmo Halonen to the role of Chief Operating Officer, with combined responsibility for the company’s air, ocean, road and rail freight activities…
The Federal Maritime Commission’s (FMC) Supply Chain Innovation Team Initiative, led by Commissioner Rebecca F. Dye, was launched today at FMC headquarters in Washington, D.C. Over the next two-days, industry leaders from 34 companies will…
There’s a unique new artwork on display at one of Manhattan’s best-known cultural hubs, and it was GAC that delivered it from Europe to the Big Apple. Van Gogh’s Ear, a sculpture by Scandinavian artists Michael Elmgreen and Ingar Dragset…
* Maersk Line will introduce a simplified process for obtaining the Landing Certificates from May 1st , 2016 * Maersk line waives off the Landing Certificate fee of INR 1000Mumbai, 25th April, 2016: Maersk Line India has taken a major…
Kalmar, part of Cargotec, has secured an order for nine diesel-electric straddle carriers from the leading European port and transport logistics group Hamburger Hafen und Logistik AG (HHLA). The order was booked in Cargotec's 2016 first quarter order intake…
The Danish Maritime Authority has – in cooperation with a number of business organisations – drawn up three short guidelines on the regulations on the determination of the weight of packed sea containers.In February, the Danish Maritime…
United Arab Shipping Company (UASC) announced the opening of a new joint-venture agency in Uruguay and participation in this year’s Intermodal South America exhibition, opening today in São Paulo and running until 7th April. These initiatives…
TRAC Intermodal LLC is exploring a sale or an initial public offering (IPO) after pulling a $485 million bond offering last week, reports WSJ quoting the chief executive Keith Lovetro. Princeton, N.J.-based TRAC, one of the largest leasing companies for trucking equipment…
FESCO Transportation Group, in cooperation with the Maritime port of Olya, is launching the Trans-Caspian intermodal service FESCO Russia Iran Service (FRIS), to carry out freightage between Russia and Iran.The service includes shipping over the Caspian…
At least 26 people were killed in twin attacks on Brussels airport and a rush-hour metro train in the Belgian capital on Tuesday, triggering security alerts across western Europe and bringing some cross-border transport to a halt. A witness…
More space for container trade growth through Melbourne with DP World Australia expansionDP World Australia's new 30,000 sqm Melbourne terminal expansion, at the former Bentley Chemplax site, was commissioned on Tuesday (15 March 2016),…
The board of Jawaharlal Nehru Port Trust (JNPT), India’s biggest container port, has approved Rs 2000 crore ($301 mln) dredging operation of the channel between Bombay Port Trust (BPT) and its own end to facilitate bigger ships docking/berthing at the port premises…
Tender for the Greek rail service company Trainose, steams ahead with three potential suitors, say local media. Besides Hong Kong-listed Cosco Pacific, which is certain to participate, the tender has seen the return of Russian Railways…
The regional government of the northern Spanish region of Aragon and the Chinese city of Yiwu signed an agreement to maximize the benefits of the Yixinou freight train, which links the Chinese city and Madrid, the capital of Spain, reports Xinhua…
