The shipping company is launching a new freight service linking the Omani ports of Salalah, Duqm and Sohar with Jebel Ali in the United Arab Emirates.
V.O. Chidambaranar Port sees growth in container traffic
The southeast Indian port set a record for container volumes record in March, handling a total of 61,390 TEUs during the month.
Baltic Dry Index crawls back to life
The Baltic Exchange’s main ocean freight index rose for the twelfth consecutive trading session Wednesday thanks to higher rates for panamax, supramax and handysize dry bulk vessels.
PACTL enhances cold storage at Pudong International Airport
The air cargo terminal operator’s recently inaugurated cool center at Shanghai Pudong International Airport can handle 100,000 tons of temperature-sensitive goods per year.
Executive Moves: AAPA, UPS and Flagler Global Logistics
AAPA elects Port of Pascaguola director incoming chairman, while UPS appoints chief sustainability officer and Flagler Global Logistics names new president.
Cuba likely to determine pace of U.S. trade, tourism
Crowley Maritime, a pioneer in a trade that is still restricted under laws such as the Helms-Burton Act and Trading with the Enemy Act, has actually seen volumes fall in recent years as Cubans have begun importing more from Brazil, and perhaps Argentina.
WLS: East-west capacity stagnant during lead up to summer peak season
Sluggish global trade and the recession in China resulted in a nearly non-existent peak shipping last year, and from the looks of things 2016 isn’t shaping up to be much better, according to the latest World Liner Supply Report from BlueWater Reporting.
OOCL’s LBCT handles first ship at new automated facility
The first phase of the “Middle Harbor Project,” due to go into operation this year, will add about 10 percent more container capacity to the nation’s second largest container port and allow Long Beach Container Terminal to handle 18,000-TEU vessels.
Report: Cargomatic drastically downsizes staff
The digital platform launched by a startup company two years ago to match shippers with unused capacity in the short-haul truckload and less-than-truckload market has cut its workforce by 50 percent, according to a report from Business Insider.
Port of Los Angeles sets Q1 container volume record
Box volumes at the Southern California port grew by double digits in the first quarter, but comparisons to last year are colored by the one-time West Coast labor disruption in early 2015.