FASA

The new 147,500-square-foot warehouse is conveniently located near the Port of New York and New Jersey, the New Jersey Turnpike, the Newark International Airport, and other key facilities, such as FedEx and UPS.

The Ports of Auckland’s net profits surged 9.5 percent year-over-year to NZD$31.6 million for the six months ended Dec. 31, 2015.

Ocean carrier APL, a subsidiary of soon-to-be-acquired Neptune Orient Lines, said lower fuel costs and other cost savings were not enough to offset a reduction in volumes and base freight rates.

Outer Harbor Terminals LLC, the joint venture between Ports America and TIL Group that is ceasing operations at the end of March, will pay rent, utilities and clean-up costs to the Port of Oakland as part of the lease termination agreement.

Growth in the passenger transportation segment is outpacing that of air cargo volumes, which expanded just 2.2 percent in 2015 compared to 5 percent in 2014, according to Tony Tyler, director general of the International Air Transport Association.

The United States and Laos entered a bilateral Trade and Investment Framework Agreement, which establishes a forum for the two countries to discuss trade and investment issues.

The New Zealand port handled 470,928 TEUs during the first half of the 2016 financial year ending Dec. 31, a 10.4 percent year-over-year increase.

Capable of carrying 7,500 cars, the Japanese ocean carrier’s new roll-on/roll-off vessel, “Drive Green Highway,” features energy saving technology including solar panels.

The Canadian shipping company reported net earnings from continuing operations of $21.1 million for the full year of 2015 on revenues of $413.5 million, year-over-year drops of 57 percent and 12.7 percent, respectively.

The airport handled 361,000 metric tons of cargo in January, a 1.5 percent year-over-year increase.