June 2017

Panama Canal Commemorates Landmark One-Year Anniversary of Expanded Canal

The Panama Canal commemorated the one-year anniversary of the inauguration of its Expanded Canal on June 26, one of the most significant milestones in the history of the 102-year old waterway and a defining moment for the people of Panama and the global maritime industry. During the one-year anniversary, the vessels that transited the Expanded Canal received commemorative plaques. The honored vessels included: Albert III: A liquefied petroleum gas (LPG) vessel, ... [+]

Panama Canal Publishes Proposal for Modifications to Tolls Structure

The Panama Canal Authority (ACP) published a proposal for modifications to its current tolls structure on June 1, signaling the beginning of a 30-day formal consultation period for industry feedback, allowing the waterway to continue providing a competitive service to its customers. During the past few months, Panama Canal Administrator Jorge ... [+]

Port of Baltimore Among Fastest Growing North American Ports

The Helen Delich Bentley Port of Baltimore was the fourth fastest-growing port in North America in 2016, according to a recent analysis in the Journal of Commerce (JOC). The JOC attributed a 9.8% increase in the amount of cargo handled from the previous year for the ranking. Last year the ... [+]

Port of Virginia Christens NIT’s New North Gate Complex; Terminal’s Gate Capacity More Than Doubles

  The Port of Virginia christened its state-of-the-art North Gate on June 26. The North Gate is a 26-lane, technology-driven gate complex that will speed the flow of truck-borne cargo to and from Norfolk International Terminals (NIT). Port partners, stakeholders, industry leaders and officials from the federal, state and local levels all ... [+]

Time:matters Receives Achieving Excellence Award from John Deere for 3rd Time

time:matters, the expert in time-critical international spare parts logistics, has now received its third Achieving Excellence Award in the area of spare parts logistics from John Deere, a leader in agricultural machinery. In a cooperation lasting ten years already, John Deere first classified time:matters as a partner three years ago, ... [+]

Turkish Cargo attends Logipharma 2017

Turkish Cargo attended the 17th Annual Logipharma event in Montreux, which is the largest global event for supply chain leaders and their teams from top pharma companies. During the three-day event, the industry -– pharma producers, logistic service providers, carriers -- came together to get new perspectives for adding value to ... [+]

Yang Ming Receives “Vast Interest” from Shareholders

Yang Ming announced that it has raised US$54 million from several private investors in the first round of its comprehensive recapitalization plan, with “vast interest” from current shareholders. In a statement on its website, officials write: “To recap briefly, Yang Ming had set out a comprehensive recapitalization plan to raise capital ... [+]

Delta and Korean Air Create Leading Trans-Pacific Joint Venture

Delta Air Lines and Korean Air have reached an agreement to create a leading trans-Pacific joint venture in both scope and service, offering an enhanced and expanded network, industry-leading products and service and a seamless customer experience between the U.S. and Asia. The agreement, signed on June 23, deepens their ... [+]

Emirates SkyCargo Transports UAE-Designed Car to France

Emirates SkyCargo transported the first car designed and built entirely in the UAE to France where it will be exhibited during the prestigious ‘24 hours of Le Mans’ endurance race. Design-1 is a sports car designed and built entirely in the UAE by Jannarelly Automotive with Equation Composites LLC – the ... [+]

Kerry Logistics Expands Multimodal Freight Network Through JV in CIS

Kerry Logistics Network Limited continues to enhance its services and network under the ‘Belt and Road’ initiative by entering into a joint venture through participating in the equity of Globalink Logistics DWC LLC, a freight forwarding group headquartered in Dubai with operations spanning across The Commonwealth of Independent States (CIS). The ... [+]