The U.S. Gulf Coast port handled 1.09 million TEUs during the first half of 2016, a 4 percent decline from the corresponding period in 2015.
NEWS FLASH: Investment firm acquires Amerijet
ZS Fund has acquired Amerijet Holdings, an operator of cargo aircraft under the name Amerijet International, along with logistics services subsidiary ITN Worldwide for an undisclosed sum.
Soo Locks assessed for expansion
The U.S. Army Corps of Engineers is studying again whether there is an economic justification for an additional lock at the Soo Locks Complex that could handle 1,000-foot bulk ships.
Freightos launches freight rate marketplace
Until now, Freightos has focused on helping forwarders quote faster, but since January, the logistics technology provider has been beta testing its China-to-United States marketplace.
Marseille Fos container volumes jump 3% in first half 2016
Total cargo throughput at the largest French port fell 3 percent to 39.13 million metric tons in the first six months of 2016 as general cargo volumes remained relatively flat and bulk volumes fell compared with the same 2015 period.
7-Eleven taps Flirtey for first FAA-approved drone delivery
The world’s largest convenience store chain teamed up with independent drone delivery service Flirtey and the Nevada Institute for Autonomous Systems to conduct the first fully autonomous aircraft delivery to a U.S. customer.
DHL tests deliveries straight to customers’ cars
The parcel carrier has partnered with automobile manufacturer Smart to conduct a market test in Stuttgart, Germany this fall on a service that will deliver packages directly to the trunk of a customer’s Smart car.
DP World box volumes grow 2.5% in first half 2016
The Dubai-based container terminal operator posted a cargo throughput of 31.4 million TEUs at its container terminals in the first six months of 2016, a 1.2 percent increase from the same 2015 period on a like-for-like basis.
CN posts weak Q2 amid difficult economic environment
The Montreal, Canada-based Class I railway posted a net income of C$858 million on revenues of C$2.8 billion for the second quarter of 2016, a year-over-year drop of 3 percent and 9 percent, respectively.
New U.S., Mexico air transport agreement takes off
The U.S. government has established an air transport agreement with the Mexican government designed to increase trade and travel between the two nations.