The former Amazon.com Inc executive who oversaw the e-commerce company's transportation network buildout for its sellers, now aims to do the same for rival shipping customers as chief executive of logistics startup Flexport.'I wanted to ... do it again for everyone else…
Cross-docking and drayage are two powerful tools that can revolutionize your shipping operations. With their expanded benefits, including greater efficiency and cost savings, it's easy to understand why these services are becoming increasingly popular among businesses today…
Wilson Sons selected ABB’s Optical Character Recognition (OCR) system for ship-to-shore (STS) gantry cranes at Rio Grande container terminal, including the QuayPro module to digitalize container stowage confirmation processes. The company has…
“On Friday February 24, 2023, one year has passed since Russia’s invasion of Ukraine. During that year, dry bulk exports from Ukraine have dropped 77.8% compared to the same period a year earlier, causing a decline in global dry bulk volumes…
DP World has won a major concession to develop, operate and maintain the mega-container terminal at Deendayal port in Gujarat, on the western coast of India.The project involves the construction of a mega-container terminal at Tuna-Tekra through a Public Private Partnership (PPP)…
Ports of Stockholm is one of the world’s largest passenger ports and one of Sweden’s largest freight ports. Despite a declining economy, goods volumes have remained high and the number of passengers increased significantly compared to the previous year…
Venezuela's state oil firm PDVSA is toughening terms for buyers after a month-long halt to most exports of crude and fuel, demanding prepayment ahead of loadings in either cash, goods or services, company documents showed.PDVSA's new Chief Executive Pedro Tellechea put the move in place this month…
Jørgen Wisborg has been named chairman at Danish-headquartered transport and logistics group Blue Water, taking over from the company's founder and longtime head Kurt Skov.In September last year, Skov announced plans to find his successor, making it possible for him to slow down his work activities…
Liebherr Container Cranes completed its first ship to shore lift height increase with their new patented jacking system as part of Liebherr Transform. The operation was conducted under the supervision of Liebherr engineers at Patrick Terminals – Brisbane Autostrad…
The Valencia Containerized Freight Index (VCFI) closed the year 2022 with a fall of -13.1% in December compared to November. This is the fourth consecutive month of decline in the Index, in a year marked by ups and downs that reflects the uncertainty…
Global economy 2023: COVID-19 turned global supply chains upside down – Three ways the pandemic forced companies to rethink and transform how they source their productsThe global supply chains that modern companies depend on were turned upside down three years ago after COVID-19 emerged in China…
Weak economic activity, a 10.5% increase in domestic coal mining, and a recovery in coal imports from Mongolia via rail alleviated coal shipments to China in 2022. However, the end of China’s zero Covid policy and an anticipated recovery of…
The bad news for liner operators appears to have no end. In a normal year, the weeks leading up to Chinese New Year (CNY) bring an increase in volumes and freight rates. So far, however, the lead-up to CNY in 2023 has been the worst in 13 years…
AD Ports Group signed two agreements with the Government of Kyrgyzstan to promote trade and strengthen economic ties with the Central Asian nation.Under the first agreement, the Ministry of Economy and Commerce has entered negotiations with AD Ports Group to secure more than 300…
Shipping, logistics, and marine services provider GAC Group has appointed Pontus Fredriksson as its new group president, effective January 2023.Bengt Ekstrand, who has held the position for the past 10 years, will take on the role of Executive…
