The Commerce Department has set its final antidumping duties for imports of circular welded steel pipe from Oman, Pakistan, the United Arab Emirates and Vietnam.
DP World box volumes up 2.2% so far in 2016
The Dubai-based container terminal operator posted a cargo throughput of 47.5 million TEUs at its container terminals in the first nine months of 2016, a 1 percent increase from the same 2015 period on a like-for-like basis.
Costamare postpones delivery of four containerships
In addition, the containership leasing company reported a profit of $20.7 million for the third quarter of 2016, down from $34.8 million a year earlier.
FedEx unit offers warehouses aimed at healthcare customers
The new GENCO multi-tenant facilities are located in Memphis, Tenn. and Milton, Ontario, comprising 1.1 million square feet and 400,000 square feet, respectively.
Industrial redevelopment plan could lead to new Indiana port
Commercial Development Co. has acquired a 725-acre retired coal-fired power plant on the Ohio River, which the Ports of Indiana identified earlier this month as a favorable location for the development of the state’s fourth port.
Executive Moves: RoadOne and BestTransport
RoadOne IntermodaLogistics names VP of Northeast sales, while BestTransport.com appoints president.
Japan’s export, import values decline in September
Although exports from Japan in September fell 6.9 percent from a year prior to 5.97 trillion yen, the decline was not as sharp as analysts had projected.
Eimskip alters Blue Line loop
The Icelandic shipping company said its Blue Line service will drop a call at Hamburg in favor of a call at Bremerhaven, which offers excellent connections via Bremerhaven to Asia, Africa, South America and North America.
OmniTRAX subsidiary acquires frac sand logistics assets
OmniTRAX Logistics Services has agreed to purchase all assets belonging to Terracor Group, including three transload facilities in Texas and Montana, as well as a frac sand mining opportunity in Wisconsin, the company said in a statement.
IMF: Korean shipping restructuring could cost $27b
The total bill for bankruptcies and bailouts in South Korea’s ocean freight transportation and shipbuilding sector could also result in redundancies and layoffs of around 10,000 workers, according to a recent report from the International Monetary Fund.