Logistics News

 

Ports of Indiana Opens Mount Vernon Railroad

Apr 22, 2025

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…

Kabal Wins Contract with Phu Quoc Petroleum Operating Company to Optimize Offshore Logistics in Vietnam

Aug 20, 2025

Kabal, a provider of logistics software for the energy industry, announced a new contract with Phu Quoc Petroleum Operating Company (PQPOC) to optimize its offshore logistics in Vietnam. This partnership marks a step in Kabal’s expansion in Southeast Asia…

Great Lakes Limestone Shipments Slip Slightly in July Amid Mixed Port Trends

Aug 11, 2025

Shipments of limestone across the Great Lakes held relatively steady in July 2025, totaling 3.53 million tons — a fractional drop of less than 1% compared to the same month last year, according to the Lake Carriers’ Association (LCA). Despite the minimal year-over-year change…

Guinea Bauxite Sockpile Nears 2 Million Tons as Export Suspension Continues

May 27, 2025

Emirates Global Aluminium's (EGA) subsidiary in Guinea has accumulated a stockpile of nearly two million metric tonnes of bauxite since the suspension of its operations last year, three sources familiar with the matter told Reuters on Tuesday…

Maersk Reports First Quarter Drop in Revenue Growth

May 11, 2025

For the first quarter of 2025 A.P. Moller - Maersk A/S (Maersk) reports revenue growth of 7.8% to $13.3 billion with EBIT increasing to $1.3 billion from $177 million a year ago.The company states that these results, while sequentially down as expected…

HD Hyundai and Maersk Cooperate on Decarbonization and Logistics

May 06, 2025

HD Hyundai and A.P. Moller - Maersk have signed an Memorandum of Understanding (MoU) to establish a collaboration on decarbonization solutions for vessels, while HD Hyundai plans to expand the use of Maersk’s integrated logistics services across its affiliates…

Wallenius Wilhelmsen Finalizes Acquisition of Armacup

May 04, 2025

Wallenius Wilhelmsen has acquired the remaining shares in Armacup, bringing the shareholding percentage from 65 to 100%.Armacup is a New Zealand-headquartered shipping company that has pioneered the Japanese used car trade since the 1980s. Armacup…

CMA CGM to Acquire Turkish Borusan's Logistics Subsidiary

Apr 27, 2025

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…

Australian Regulator Greenlights Qube's RoRo Terminal Deal

Apr 09, 2025

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…

CK Hutchison Will Not Hold Earnings Conferences This Week

Mar 17, 2025

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 Aims for UAE Security Filing Compliance

Mar 11, 2025

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)…

Container Volume Spikes Higher in Advance of Tariffs

Mar 10, 2025

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 Announces $20 Billion Investment in U.S.

Mar 06, 2025

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 Launches Detention & Demurrage Automation

Feb 26, 2025

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…

DP World Posorja joins Portchain Connect Network

Feb 26, 2025

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…

Logistics News

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Cuba Maritime & Port Celebrates Three Years of Industry Innovation and Collaboration

Cuba Maritime & Port Celebrates Three Years of Industry Innovation and Collaboration

Melvin Resigns as President of South Carolina Ports Authority

Melvin Resigns as President of South Carolina Ports Authority

Brazil Ships More Iron Ore to China, Competitors Lag

Brazil Ships More Iron Ore to China, Competitors Lag

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