Baltic Container Terminal in the Port of Gdynia and Adriatic Gate Container Terminal in the Port of Rijeka, both owned by International Container Terminal Services, are the newest members of the Federation of European Private Operators and Terminals.
U.S. trade deficit grows in May
The U.S. trade deficit in May rose higher than analyst expectations, jumping 10.1 percent month-over-month to a seasonally adjusted $41.1 billion.
IATA: Airfreight demand growth slips in May
Hindered by weak world trade and increasing capacity, demand growth for air cargo slowed to just 0.9 percent year-over-year for the month, according to the International Air Transport Association.
European Commission adopts decision in price signaling case
The European Commission said new rules will take effect this December, which are aimed at increasing price transparency in container shipping.
USDOT announces over $750m in FASTLANE grants
The U.S. Department of Transportation has announced 18 proposed grant awards totaling $759.2 million in funding for nationally significant transportation infrastructure projects under the Fixing America’s Surface Transportation (FAST) Act of 2015.
IANA launches online ‘street turns’ platform
The Intermodal Association of North America said the web portal component of its new online platform to facilitate so-called “street turns” for its members is now available, and it will offer a mobile app and system-to-system API later this year.
USDOT reveals tentative awards for U.S.-Havana flights
The U.S. Department of Transportation has proposed a selection of eight U.S. airlines to start scheduled flights from various airports around the United States to Havana, Cuba this fall.
DB Schenker, uShip establish partnership in Europe
German logistics provider DB Schenker entered into a partnership with the online freight shipping marketplace uShip for exclusive collaboration in Europe.
Xeneta: Panama Canal expansion could push freight rates further down
Oean procurement software provider Xeneta reported freight rates may further decline as carriers seek to fill larger ships that are now capable of transiting the expanded Panama Canal.
Executive Moves: Halifax Port Authority and HubTran
The Halifax Port Authority extends CEO’s contract, while HubTran appoints business development director.