Emirates Global Aluminium (EGA), the largest industrial company in the United Arab Emirates outside oil and gas, and Abu Dhabi Ports have opened a facility which will reduce trucking of EGA’s aluminium within Khalifa Industrial Zone Abu Dhabi (KIZAD) by over 290…
Maersk Line India announced the introduction of Export and Import service offerings at Kakinada port in Andhra Pradesh. This End to End service (Store Door) will enable customers in the region to reach global touch points. With this first time offering in Kakinada…
North American leader in the transportation and logistics industry TFI International acquired Normandin Transit. Based in Napierville, Quebec, Normandin has grown rapidly since its founding in 1988 by focusing on the transportation of…
The outlook for the container shipping market in 2018 and 2019 is a combination of healthy demand growth that will outpace the fleet; resulting in a better supply-demand balance and slightly higher freight rates and profits for carriers, according…
Recent trade friction between the United States and China and the prospects for higher interest rates are not likely to affect growth for the major transportation segments for the foreseeable future, according to Fitch Ratings in its latest U…
General Dynamics NASSCO has started construction on the second ship in a two-ship series of Kanaloa-class containerships for Matson Navigation Company, Inc. Construction of Matsonia began with a ceremonial first cut of steel at NASSCO's San Diego shipyard where the first ship in the series…
Japan's Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines, Ltd., and Nippon Yusen Kabushiki Kaisha have announced the completion of payment for investment in their new joint venture in the container shipping business, Ocean Network Express Pte…
The Harbor Performance Enhancement Center (HPEC), a unique $130 million-dollar public-private partnership dedicated to facilitating sustainable freight movement and supply chain efficiencies throughout the United States, has completed a strategic transaction with Macquarie Principal Finance…
China has increased tariffs by up to 25 percent on 128 U.S. products, from frozen pork and wine to certain fruits and nuts, escalating a dispute between the world's biggest economies in response to U.S. duties on imports of aluminium and steel…
Höegh Autoliners steps up its direct service to Australia and New Zealand from the U.S. and Mexico, now offering two sailings per month. The service started as a monthly service earlier this year, and gives Höegh’s customers up to 30 days shorter transit-time from USA and Mexico to Australia…
The founded and Chairman of Pacific International Lines (PIL) Chang Yun Chung announced that he is stepping down and the current Managing Director SS Teo will take over from him. In a statement he said, 'I wish to inform you that as part of PIL’s ongoing renewal and succession plan…
Japan's Ocean Network Express (ONE) announced the commencement of container shipping businesses on April 1, 2018.ONE is the result of an integration of the container operations of three Japanese shipping carriers, namely, Kawasaki Kisen Kaisha…
Containerized cargo volume moving through Port of Oakland is expected to increase 2 percent annually for the next five years. The catalyst for growth: a nearly $700 million injection of capital from outside investors. That’s the message…
Containerized cargo volume moving through this city is expected to increase 2 percent annually for the next five years. The catalyst for growth: a nearly $700 million injection of capital from outside investors. That’s the message Port of…
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation has set up the new regional center in Mediterranean area named Yang Ming(Mediterranean) Marine Services Single-Member Limited Liability Company. The new company will start to provide services on 2nd April 2018 in Piraeus…
