The 10,000-TEU MOL Benefactor, currently serving on the G6 Alliance’s Asia-U.S. East Coast NYX loop, will be the first container vessel to call a USEC port after transiting the newly opened Panama Canal expansion.
Greenbrier’s net earnings tumble 21.2% in Q3 FY2016
In addition, the railroad transportation equipment manufacturer’s revenues for the third quarter of its fiscal year 2016 fell 8.4 percent from the previous quarter, primarily due to lower volume of sales from acquired rail portfolio and lower wheel volumes
Maritime advocates establish new trade association
The Association of Bulk Terminal Operators has been formed by a group of individuals with maritime backgrounds to represent the interests of bulk terminal operators around the world.
Executive Moves: World Shipping Council
Claudio Bozzo, chief operating officer of liner carrier Mediterranean Shipping Company, joins the World Shipping Council board.
SWISS implements new aircraft
SWISS WorldCargo, the airfreight division of Swiss International Air Lines Ltd., will launch the first of its new regional Bombardier CS100 cargo planes July 15 to replace its aging fleet of Avro RJ100s.
IATA: Airfreight volumes fall in May
Freight demand decreased or was flat in May across all regions, with the exception of Europe and the Middle East, according to the International Air Transport Association.
Ningbo E-Port offers centralized platform for VGM submission
The Port of Ningbo has partnered with CargoSmart to simplify transmission of container weight data to carriers.
S&P’s take on potential Maersk Group break-up
The rating agency acted negatively to the idea that the A.P. Moller – Maersk conglomerate could potentially choose to divide into separate companies, noting the split could hurt the group’s business diversification.
CP to lay off 500 track maintenance workers
Canadian Pacific Railway last week began the process of cutting 500 track maintenance workers, a move that has officials with the Teamsters Canada Rail Conference raising concerns about safety, the union group said in a statement.
Saudi Arabia reopens market to U.S. beef
U.S. beef producers and exporters now have access to Saudi Arabian consumers after nearly four years of being shut out of the Middle Eastern market due to the detection of an “atypical” case of “mad cow” disease in 2012.