The mid-Atlantic port on March 1 will commence the roll out of its motor carrier appointment system, dubbed “PRO-PASS TRS,” at Norfolk International Terminals (NIT) and will migrate it to Virginia International Gateway (VIG) this summer.
Li Kelin, former president of China Shipping, dies at 76
Often referred to as the “father of the Chinese container shipping industry,” Li Kelin passed away Feb. 1, 2018 in Shanghai, according to a statement from China COSCO Shipping.
Port of Baltimore receives new cranes amid record volumes
The mid-Atlantic port handled a record 596,972 containers during 2017, an 11 percent increase over its previous high-water mark of 538,567 containers set the year before.
PhilaPort cargo volumes rise as expansion nears completion
Container volumes at the Port of Philadelphia (PhilaPort) grew 19 percent year-over-year in 2017, the fastest rate of any U.S. East Coast port, according to a statement from the port.
White named Cargo Network Services president
Cargo Network Services has appointed Michael White to serve as president, succeeding Lionel van der Walt, who left the organization earlier this year to become executive vice president and CEO of RCI, Inc.
Descartes snaps up Aljex Software in $32.4m deal
The publicly-traded global logistics software provider used an existing line of credit to fund its acquisition of Aljex Software, a cloud-based, back-office transportation management solutions provider used by nearly 400 customers across North America.
CESI Wenzhou to serve SINOPEC LNG transport project
The CESI Wenzhou is to sail under a long-term charter contract to transport liquefied natural gas that SINOPEC is purchasing from the Australia Pacific LNG Project, a producer of natural gas sourced from coal.
The adaptation process in freight tech
Kontainers’ evolution from an ocean freight booking platform to a digital front-end transformation software for carriers and forwarders was part of the plan, according to its founders.
Drewry: World Container Index jumps 5%
The World Container Index increased 5 percent since last week to $1,539 per FEU on the back of a final round of general rate increases before the annual Chinese New Year holidays.
EUROGATE’s box volumes slip in 2017
The container terminal operator handled 14.41 million TEUs in 2017, a 1.4 percent decline from the prior year.