Ports of Indiana has opened the Mount Vernon Railroad today, creating an unparalleled “mega-modal” opportunity for Southwest Indiana.The railroad is a partnership between OmniTRAX – the nation’s largest privately-held, family-owned rail transportation company – and Ports of Indiana-Mount Vernon – the state’s largest port.Owned by Ports of Indiana and operated by OmniTRAX, Mount Vernon Railroad serves as the switching carrier for the Mount Vernon port…
French shipping giant CMA CGM's subsidiary CEVA Corporate Services has signed a deal to acquire Turkish conglomerate Borusan's logistics arm, Borusan Tedarik Zinciri Cozumleri ve Teknoloji, for $440 million, according to a filing by the Turkish company…
Australia's competition watchdog said on Thursday it is not opposed to the country's largest integrated terminal and freight logistics provider, Qube, acquiring Melbourne International RoRo & Auto Terminal (MIRRAT), subject to certain undertakings by the firm…
Hong Kong-based conglomerate CK Hutchison, which is facing pressure from Beijing authorities over a port deal with a BlackRock-led consortium, will not hold earnings conferences this week, two sources with knowledge of the matter said.CK Asset…
Trade Tech, Inc., a global logistics platform, is actively working toward compliance with the UAE’s new Maritime Pre-Load Cargo Information (MPCI) Program which will become effective June 25, 2025.This new security filing regulation, managed by the UAE’s National Advance Information Center (NAIC)…
U.S. container import volumes increased 4.7% year-on-year in February, but could cool in coming months as the U.S. trade war with China and other key trading partners takes hold, supply chain technology provider Descartes said on Monday.U.S…
CMA CGM Group has announced a $20 billion investment to contribute to U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years.The announcement builds on CMA CGM Group’s 35-year presence in the U…
Windward (LSE: WNWD) launched its AI-Powered Detention & Demurrage (D&D) Automation solution, in what it is calling a first step in a mission to revolutionize global trade with Gen-AI-powered automation. Designed to eliminate the persistent cost uncertainty plaguing freight forwarders…
The Deep-Water Port in Posorja, operated by DP World, implements Portchain Connect to simplify the berth alignment process with shipping lines. Portchain announced today that DP World Posorja will join the Portchain Connect network. The Deep…
deugro Germany delivered three mobile harbor cranes and one portal crane from Rostock, Germany, to Brisbane and Port Kembla in Australia, as well as Timaru and Port Nelson in New Zealand.The cranes, with volumes of up to 70.15 x 28.05 x 45.30 meters and weights of more than 600 metric tons…
Bangladesh has resumed direct trade with Pakistan for the first time since its independence in 1971, with the first shipment of 50,000 tonnes of rice leaving Port Qasim under a government-to-government deal, officials said.The deal follows an…
Repsol selected IBS Software to transform its primary logistics operations across multiple locations. The partnership will see Repsol adopt IBS Software's iLogistics Control Tower solution, streamlining logistics and providing an end-to-end…
DP World delivered another standout year for trade, according to the company, recording its highest container and breakbulk cargo volumes at Jebel Ali Port since 2015.The port handled 15.5 million twenty-foot equivalent units (TEUs) in 2024…
Khalifa Economic Zones Abu Dhabi-KEZAD Group, the region's largest operator of integrated economic zones, continues to lead the UAE’s infrastructure development with transformative projects, reshaping Abu Dhabi into a global hub for industrial and economic activities…
India and Germany have established a strategic partnership, maintaining strong bilateral and trade ties since 2000. Recently, both signed a Memorandum of Arrangement to facilitate mutual logistics support and exchange between their armed forces…
