India can save up to USD 28 billion in infrastructure spend and another USD 3.3 billion in transportation cost if 50 per cent of overall trade moves closer to ports by 2020, PTI said quoting an EY report. The EY report 'Knowledge Paper on…
The Department of Transportation (DOTr) announced plans to open a shorter shipping route between the Philippines and Indonesia, a move meant to strengthen trade relations between the two neighboring countries, reported Manila Times. The…
Bloomberg quoted Robbert van Trooijen, APAC CEO of Maersk Line, saying that the current year (2017) will be more profitable than the last. Post-Hanjin, ocean freight customers now stressing stability and avoiding risk to supply chains…
The Intermodal Association of North America has created a resource center, available on its website, to provide a wide range of information for prospective intermodal users and those who are new to the industry.The Intermodal Freight Resource Center offers educational tools…
International energy logistics provider Peterson is to partner with Port Cameron in Louisiana to develop a deepwater staging port and supply base facility serving the Gulf of Mexico. Peterson has signed a teaming partnership agreement with…
Diana Shipping , through a separate wholly-owned subsidiary, has agreed to extend the present time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Aliki. The global shipping company…
In line with operational excellence and operating cost discipline, CMA CGM Group wishes to share with you the changes concerning our 2 direct weekly services connecting India Middle East Gulf to East Africa strategic markets Starting February 20th…
Severe winter weather has slowed rail deliveries of crops to shippers in the U.S. Pacific Northwest, sending freight rates soaring and prompting Asian buyers to seek fill-in loads as they wait for the backlog at ports to clear. Blizzards…
More than 2.2 million tons of cargo were handled by the Port of Indiana-Jeffersonville in 2016, completing the highest three-year total in the port's history. Over 7.4 million tons have been handled at the port since 2014. The 2016 total…
As part of reshaping the executive team, the Wilhelmsen group adds two senior vice presidents to its group management team. Mr Erik Nyheim will be responsible for Wilhelmsen’s investments in ships service (marine products and agency), safety products and solutions (Survitec)…
2016 ended for Wilh. Wilhelmsen with an improvement in transported volumes, which had a positive effect on total income for the fourth quarter. Adjusted for non-recurring items, WWASA also recorded an uplift in operating profit. Rate pressure continues…
Already long established as one of the Ohio River’s premier port terminals, new ownership brought new equipment opportunities for the busy River Road Terminal in the transportation hub of Louisville. Within weeks of Watco Terminal and Port…
“The Federal Administrative Court in Leipzig has expressly underlined the necessity for the adjustment of the navigation channel with its decision today,” says Jens Meier CEO of Hamburg Port Authority commenting on the judgement of the Federal…
Imports at the nation’s major retail container ports are expected to increase 4.6 percent during the first half of 2017 over the same period last year as the nation’s economy improves and retail sales continue to grow, according to the monthly…
President Donald Trump will host Canadian Prime Minister Justin Trudeau on Monday, the White House said on Thursday, a meeting in which trade and a major crude oil pipeline are likely to be on the agenda. The meeting will be the first for the two men since Trump won last November's election…
