The western Canadian port handled 69 million metric tons of cargo during the first half of the year, up 3.9 percent from the corresponding 2016 period thanks to higher container volumes and strong overseas demand for Canadian grain products.
TPG Capital snags Transplace from Greenbriar Equity Group
The transaction is expected to close in late-September, but financial terms of the deal will not be disclosed, according to a joint statement from the companies.
PSA, PIL partner with IBM on blockchain development
Ocean carrier Pacific International Lines, terminal operator PSA International and IBM plan to utilize blockchain for better security, efficiency and transparency in supply chain business networks and trade finance, the companies said in a statement.
SCPA posts box volume growth as it gears up for major dredging project
The South Carolina Ports Authority’s project to deepen the main channel in Charleston to 52 feet is still on track to begin this fall, SCPA said in a statement.
Target buys delivery technology provider
The major U.S. retailer has purchased San Francisco-based Grand Junction to provide last mile and local delivery solutions for e-commerce customers.
Port of Oakland adding shoreside powering equipment
Port officials have approved the purchase of a high-voltage cable system that can connect more vessels to Oakland’s landside power grid.
3GTMS to use project44 APIs
The transportation management software provider will integrate real-time rate, transit time, and other shipment milestone APIs into its existing interface.
Major port operators welcomed in Bangladesh as congestion continues
The nation’s ports have almost reached their total capacity allotment, causing ocean carriers to decrease port visits or impose surcharges for Chittagong imports, and spurring the government to allow the private sector to assist in reducing the congest…
CP launches direct service from Vancouver, BC to Detroit
Calgary-based Class I railroad Canadian Pacific said the seven-day-a-week service can cut transit times from the West Coast to Detroit by as much as 48 hours compared with the railway’s nearest competitors.