Logistics News

 

Trade Flows Eliminate US Gasoline Surplus

Jul 20, 2017

The U.S. gasoline surplus has disappeared thanks to a sharp drop in prices which has caused imports from Europe to slow and exports to Latin America and other markets to accelerate since the start of June.U.S. refineries are processing record…

Malta Maritime Forum Targets Professional Education

Jul 20, 2017

The Institute of Chartered Shipbrokers and the Malta Maritime Forum have signed an MoU which will support the education of shipping professionals in Malta as part of the island’s maritime growth strategy. The MoU formalizes informal co-operation…

Intermodal Rail Service Returns to North Carolina Ports

Jul 20, 2017

The official return of intermodal rail to North Carolina Ports will begin July 28, 2017, when North Carolina Ports and CSX will commence a daily, intermodal rail service, dubbed the Queen City Express,between Wilmington and Charlotte. “The…

Antwerp Port Container Freight Up by 2.5%

Jul 19, 2017

The port of Antwerp handled 111,385,518 tonnes of freight during the first six months of this year, 2.8% more than in the same period last year.  Container freight once more performed well after a number of exceptional years, with an increase of 2…

Shipping Perks up at Port of Little Rock

Jul 19, 2017

June saw a return to strong activity at the Port of Little Rock. Logistic Services Inc. (LSI), the Port’s stevedore, handled 42 barges with over 64,000 net tons of cargo during the month.  The main dock was busier as LSI worked 25 barges with over 37…

US Iron Ore Boosts St. Lawrence Seaway Shipping

Jul 19, 2017

With strong increases in iron ore and other cargo, total tonnage shipped via the St. Lawrence Seaway is up 20 percent over last year. The St. Lawrence Seaway Management Corporation reports that cargo shipments from March 20 to June 30 totaled…

June US-flag Great Lakes Shipping Unchanged from 2016

Jul 19, 2017

U.S.-flag Great Lakes freighters (lakers) moved 9.7 million tons of cargo on the Great Lakes in June, a virtual repeat of a year ago, according to the Lake Carriers’ Association (LCA).  However, this June’s shipments were down 3.6 percent from the month’s long-term average…

Egypt Agricultural Exports Rise 12% in 2017

Jul 19, 2017

Egypt's agricultural exports rose 12.1 percent during the first half of 2017, reaching 3.5 million tonnes compared to 3.1 million last year, agriculture ministry spokesman Hamid Abdel Dayim said on Wednesday. Egypt's agricultural exporters…

US Officials Demand 'More Fair' China Trade Links

Jul 19, 2017

U.S.-China economic talks appeared off to a contentious start on Wednesday as senior Trump administration officials demanded a 'more fair' China trade relationship while both sides canceled news conferences previously planned to discuss outcomes…

Boskalis Bags Stockholm Norvik Port Contract

Jul 19, 2017

Royal Boskalis Westminster N.V. said it has been awarded a contract by Ports of Stockholm to construct the quay wall for the new Stockholm Norvik Port in Sweden. The contract value amounts to approximately €60 million ($69 million). The project…

New Bulk Terminal Opens at Port of Indiana

Jul 19, 2017

Executives from the Ports of Indiana and Metro Ports celebrated the grand opening of a new bulk terminal facility at the Port of Indiana-Burns Harbor. Metro Ports is now managing the loading and unloading of shipments along the port's East…

India Approves Major Port Authorities Bill

Jul 18, 2017

The government of India has approved a draft bill to empower 12 major ports in India by providing them full autonomy in decision-making for greater efficiency. According to Union Minister of State for Shipping Mansukh Lal Mandaviya, the Major Port Authorities Bill…

TRAC Intermodal Upgrades Chassis Booking Portal

Jul 18, 2017

Aiming to improve the user experience in booking chassis, TRAC Intermodal has upgraded EZBook, its web-based portal for daily chassis rentals. The new EZBook 2.0 enhancements make booking a chassis easier and faster and give the user more control over the entire transaction…

APL Reports 48% CO2 Emission Reduction in 2016

Jul 17, 2017

APL has announced its highest recorded fleet carbon dioxide emissions reduction of 48 percent in 2016, compared to its base level in 2009.  Verified by Lloyd’s Register Group according to the Clean Cargo Working Group (CCWG) verification protocol and ISO14064-3:2006 standard…

US Outlines Priorities for NAFTA Negotiations

Jul 17, 2017

The United States on Monday outlined its priorities for renegotiating the NAFTA trade agreement and said it would focus on ensuring better access for U.S. goods exported to Canada and Mexico in order to reduce the U.S. trade deficit. In…

Logistics News

Maersk Reports First Quarter Drop in Revenue Growth

Maersk Reports First Quarter Drop in Revenue Growth

Container Shipping Companies Cut Asia-US Services

Container Shipping Companies Cut Asia-US Services

Israel Attacks Yemen’s Hodeidah Port

Israel Attacks Yemen’s Hodeidah Port

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

Panama Canal Administrator Outlines the Waterway’s Evolving Role in Global Trade

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Sources say that the US Virgin Islands is considering a new registry for ships.
Mitsubishi Heavy's operating profit grows 10% this year due to robust defence demand
Chinese exporters are preparing to move goods to the US as soon as trade talks start.