The alliance, which consists of the Port of Seattle and Port of Tacoma, handled 3.53 million TEUs in 2015, a 4 percent increase from 2014.
DSV completes $1.35b UTi acquisition
The purchase of UTi Worldwide makes Danish supply chain provider DSV the fourth largest global forwarder in terms of revenue.
Northern European airports report mixed 2015 cargo results
Although Amsterdam Airport Schiphol, London-Heathrow and Frankfurt Airport saw throughput decline in 2015 in comparison to 2014, Leipzig/Halle Airport and Brussels Airport reported year-over-year increases in airfreight volumes.
DP World joint venture to invest up to $2b in Russia
DP World Russia, an 80/20 joint venture between the port terminal operator and the Russian Direct Investment Fund, aims to further the development of port and logistics infrastructure in Russia.
Cargill to shutter London ocean shipping office
The global dry bulk commodities trader Cargill said Thursday that it intends to close the London office of its ocean transportation arm due to deteriorating market conditions.
Port of Green Bay sees 14% drop in cargo throughput
The port handled 1.9 million metric tons of cargo in 2015, a 14 percent decline from 2014.
APMT, Compas S.A. finalize joint venture in Colombia
APM Terminals and Compañia de Puertos Asociados S.A. (Compas S.A.) finalized a new joint venture, Cartagena Container Terminal Operator, to jointly manage and operate Compas S.A.’s existing multipurpose terminal in Cartagena, Colombia.
Tulsa Port of Catoosa cargo volumes drop in 2015
The inland river port in northeastern Oklahoma handled 1.55 million tons of waterborne cargo during the past year, a 34.3 percent decline from 2014.
Executive Moves: Aljex Software, IICL, SOGET and Hansa Heavy Lift
Aljex Software names VP of corporate strategy and IICL elects 2016 board, while SOGET appoints CEO and Hansa Heavy Lift picks offshore adviser.
Heavily automated Long Beach Container Terminal to open in Q2 2016
The Port of Long Beach has “little to fear from other ports or the Panama Canal stealing our cargo and the jobs that come with it,” CEO Jon Slangerup said yesterday in his annual “State of the Port” address.