The railroad transportation equipment manufacturer posted net earnings of over $69 million in its fiscal first quarter ended Nov. 30, 2015, a year-over-year increase 112 percent.
Port of Liverpool’s $438m terminal falls behind schedule
Peel Ports’s much anticipated Liverpool2 container terminal was originally scheduled to open by then end of 2015, but now that date has been pushed back at least to first quarter 2016, according to local media reports.
NCSP Group reports 4.8% jump in cargo volumes
The Russian port operator and stevedoring company posted a cargo throughput of 127.9 million tons for the first 11 months of 2015, a 4.8 percent increase from the corresponding period in 2014.
Inchcape strengthens partnership with Chembulk Tankers
The maritime services provider expanded its agreement with Chembulk Tankers into South America and Asia.
JDA partners with INTTRA to bolster ocean shipping TMS
The supply chain technology provider will integrate INTTRA’s booking, shipment management and data tools into its transportation management system to provide more comprehensive ocean shipping capabilities.
Container carriers resuming service to Iran
Mediterranean Shipping Co. is latest ocean carrier to resume regular liner service to the Middle Eastern nation as international sanctions are lifted.
Stifel: Truck manufacturing orders brighter in December
The investment bank and analyst Stifel said orders for Class 8 trucks rebounded in December to “better-than-expected” levels after suffering from lackluster demand in October and November.
Mundra Port terminal to undergo massive expansion
The Adani International Container Terminal Private Limited at Mundra Port will have an annual handling capacity of 3.1 million TEUs and will be equipped with 15 super post-Panamax quay cranes once the project is completed.
USCG detains 751-foot bulk carrier for safety violations
The United States Coast Guard detained the bulk carrier Lowlands Kamsar in Seattle, Wash. Monday after discovering several safety violations onboard.
Industry panel to discuss IMO rule on container weight verification
The Association of Women in International Trade will host a webcast event next week to educate the shipping public about new International Maritime Organization regulations requiring carriers to share information about the weight of loaded containers.