Drewry has welcome one of the world’s leading automotive and energy companies to its exclusive, online ocean freight cost comparison service, Benchmarking Club.With this latest addition, Drewry Benchmarking Club now counts more than 10% of its members in the S&P 100 and Nasdaq 100…
American trucking company Saia announced that Saia LTL Freight has opened its newest Northeastern terminal in Wrentham, Massachusetts. This is the 11th facility the company has launched in the region since 2017.'Our expansion in the Northeast…
India’s containerised trade grew 6 per cent during the last quarter of 2018, with the western region outperforming the other three regions in Q4 trade.A report released by the world’s largest container shipping company Maersk has attributed…
The Port of Manila decongested its yard space by removing some overstaying containers said a port representative.The collaborative synergy between Asian Terminals Inc. (ATI), port authorities and international shipping lines has yielded positive…
The leading provider of global tramp and liner services for the ocean transportation of heavy lift Zemarine has appointed Hugo Trumpy as exclusive agent for the Italian market.With more than 100 years of combined experience, Intermarine, Zeaborn…
Draft mandatory regulations to make lifting appliances such as onboard cargo cranes safer are being developed by the Sub-Committee on Ship Systems and Equipment (SSE).According to a press note from International Maritime Organization (IMO),…
With less than ten months before the IMO 2020 regulation on sulfur oxide emission goes into effect Jan 1, carriers and shippers alike are facing an 'uncomfortable uncertainty' over its potential effects on costs and freight rates as they enter the 2019-2020 trans-Pacific contracting period…
Norway-quartered international shipping company Höegh Autoliners has broken a record for transporting the heaviest breakbulk unit shipped by a RoRo (Roll On/Roll Off) vessel from India.A press release from provider of Ro/Ro vehicle transportation services said that the 107…
Hapag-Lloyd, the world's largest shipping company, marks 50th anniversary of dangerous goods department.According to a press release from the transnational German-based transportation company, 50 years ago, in March 1969, Hapag and Norddeutscher…
Short-term container rates on the China Main ports to North Europe Main ports have seen a slight drop since the beginning of the year. However, compared to Spring and Autumn 2018, overall the industry sees an increase, said a report from Xeneta…
Uncertainty mounts in dry bulk shipping against a backdrop of weaker growth in Chinese imports, said BIMCO.'The extent of the freight rate recovery in 2018 was limited – when compared with initial expectations – by a faster-growing fleet. Q4-2018 wasn’t as strong as it often is either…
APM Terminals Inland Services in Costa Rica has worked closely with one of the world’s largest producers and exporters of tropical fruit.The Hague-based international container terminal operating company said in a press release that among other things…
Global dry bulk fleet utilization (calculated as total demand in tonne miles transported divided by total available fleet capacity) dropped by 1.4% in the fourth quarter of 2018, reflecting the trend observed in the rate environment.According…
Inland shipping is essential for the transportation of containers on the Amsterdam-Utrecht-Rotterdam route. 250,000 containers are transported annually via this routeTMA Logistics, CTU and VCL join forces to establish the North West Central Corridor…
North American transportation and logistics player TFI International has announced the acquisition of Toronto Tank Lines (TTIL).Acquisition strengthens TFI’s logistics and specialized tank capabilities throughout North America, said a press note…