Shipment volumes and expenditures both saw a slight decrease compared with July figures, which is not typical for the month, according to the latest Cass Freight Index Report.
L.A. reports strongest August box volumes since 2006
Container volumes at the Port of Los Angeles in August increased 3.8 percent to 786,677 TEUs compared to the same month in 2014.
Guangzhou government invests in shipping, port related projects
The government plans to invest RMB 100 billion ($15.7 billion) in over 60 shipping and port related projects to reach an annual cargo throughput of 550 million tons and a container throughput of 20 million TEUs by the end of 2017.
JAXPORT receives approval to import additional produce
The Port of Jacksonville was granted approval to import select cold-treated products from Peru, Uruguay and Argentina.
Oakland container volumes up 6% in August
Higher import volumes offset a slight decline in exports from the Northern California port, according to the most recent figures from the Port of Oakland.
Finnair Cargo adds capacity between Helsinki, London
The Nordic cargo carrier will add belly cargo capacity to its route between Helsinki, Finland and London Heathrow to facilitate the increase in cargo demand on the route.
St. Lawrence Seaway shipments down 10.6% in 2015
Total year-to-date cargo shipments through the St. Lawrence Seaway declined from last year, but dry bulk shipments have increased.
Conor Commercial Real Estate develops commerce center in Illinois
The national real estate development firm announced the construction of the 70-acre Fountain Square Commerce Center in Bolingbrook, Ill.
GRI Roundup: CMA CGM and Hapag-Lloyd
Ocean carriers CMA CGM and Hapag-Lloyd announced general rate increases.
Executive Moves: SABMiller, DHL Global Forwarding, Cargolux, DP World London, Buss Port Logistics, and Swisslog
Promotions and appointments were made at SABMiller, DHL Global Forwarding, Cargolux, DP World London, Buss Port Logistics, and Swisslog.