Logistics News

 

US Exports to China to Rise amid Trade Talks, but Volumes are Capped

May 21, 2018

China has pledged to buy more U.S. goods to reduce America's huge trade deficit and help avoid exacerbating a trade war between the world's two biggest economies, with energy and commodities high on Washington's list of products for sale.The U…

ESPO Congratulates Seven Wadden Sea Ports for PERS

May 21, 2018

European Sea Ports Organisation (ESPO) congratulates the ports of Den Helder (Netherlands), Harlingen (Netherlands), Groningen (Netherlands), Den Oever (Netherlands), Niedersachsen Brake (Germany), Niedersachsen Cuxhaven (Germany) and Niedersachsen…

Cress Systems Helps Container Terminals

May 20, 2018

Cress Systems helps container terminals reduce fuel bills, emissions and power peaks with ProwESS energy storage for rubber-tyred gantry cranes (RTGs). New technology allows container ports and terminals to capture, store and reuse energy…

IMO Promotes Single Window for Ports

May 18, 2018

What is a “single window” and why do ports need one? What are the best practices when it comes to electronic business and port logistics?  How is  International Maritime Organization (IMO) supporting developing countries to get ready for…

NWSA’s Export Volumes Grew in April

May 18, 2018

April exports at the ports of Seattle and Tacoma were up 3.3 percent at 112,645 TEUs (20-foot equivalent units) amid rising trade tensions. At 111,858 TEUs, import volumes through the ports, which together comprise the Northwest Seaport Alliance…

Nolan Tapped to Take Over as TOTE CEO

May 18, 2018

Tim Nolan has been named the next president and CEO of U.S. domestic ocean carrier TOTE Inc., parent company Saltchuk announced today. TOTE is the parent company to TOTE Maritime and TOTE Services.Nolan, who is currently president of TOTE Maritime Puerto Rico…

First-Quarter Returns From the Universal Port of Hamburg

May 18, 2018

This year’s first-quarter throughput total at the Port of Hamburg was notable for a rise in conventional general cargoes, a lower figure of bulk cargoes, a stable trend in container handling and distinct growth on container transport services by rail…

Turkey to Impose Retaliatory Measures against US Tariffs

May 18, 2018

Turkey will impose counter-measures on the United States in retaliation against steel and aluminum import tariffs imposed by President Donald Trump, the state-run Anadolu news agency said on Friday, citing officials from the economy ministry…

MOL Logistics Signs Pact with Al Madina Logistics in Oman

May 18, 2018

Mitsui O.S.K. Lines  (MOL) announced that its group company, MOL Logistics (Japan) has signed an agency agreement with Al Madina Logistics Services Company SAOC, which has developed its logistics business in Oman, which is expected to grow as emerging market…

South Carolina Ports Achieve Record April

May 17, 2018

South Carolina Ports Authority announced the highest April container volumes in its history, with growth of 4 percent over the same month last year.SCPA handled 196,439 twenty-foot equivalent container units (TEU) in April. The Port has moved 1…

Dallas Company Secures Permits to Expand Crude Export Hub at Texas Port

May 17, 2018

Jupiter MLP LLC, a Dallas-based logistics company, has secured permits to expand a crude export dock at the Port of Brownsville in Texas, the latest in a series of moves made by U.S. companies to tap into booming overseas shipments.The expanded…

Japan Plans Retaliatory Tariffs Against US

May 17, 2018

Japan is considering tariffs on U.S. exports worth $409 million in retaliation against steel and aluminium import tariffs imposed by President Donald Trump, media reported on Thursday.Such a move would signal Tokyo is ready to go beyond backdoor talks and pleas for exemptions from the U…

Singapore Commodities Trade Revenue Jumped by a Third

May 17, 2018

Commodities trading in Singapore, Asia's main trade hub, generated close to $1.2 trillion in revenue in 2017, 33 percent more than a year earlier on the back of higher prices and surging demand, a senior government official said on Thursday…

One Million Ship Containers Missing after P&R Insolvency

May 17, 2018

Managers of insolvent P&R Group are being investigated after it was discovered the investment firm sold nearly one million more shipping containers than it owned, the Munich prosecutors' office said on Thursday.Once the world's biggest lessor of shipping containers…

Maersk: Disappointing Q1 Earnings Hit Share Price

May 17, 2018

A.P. Moller-Maersk missed first-quarter profit expectations on Thursday and warned that political and trade tensions clouded the outlook, sending shares in the world's biggest container shipper sharply lower.Earnings before interest, tax, depreciation…

Logistics News

Oakland Board of Port Commissioners Elects New Board President

Oakland Board of Port Commissioners Elects New Board President

IHI, Vopak Collaborate to Develop and Operate Japanese Ammonia Terminal

IHI, Vopak Collaborate to Develop and Operate Japanese Ammonia Terminal

Latin America's First Electric Tug Debuts

Latin America's First Electric Tug Debuts

Houthi Leader: Shipping Goods Related to Israel Through the Region Isn't Permitted

Houthi Leader: Shipping Goods Related to Israel Through the Region Isn't Permitted

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