Archives



November 2017

Port of Brownsville FTZ Ranks 2nd in US for Exports

Foreign Trade Zone No. 62 (FTZ) at the Port of Brownsville ranks second in the nation for the value of exports during 2016, according to the U.S. Foreign-Trade Zones (FTZ) Board's annual report to Congress released Thursday, Nov. 16, 2017. Dorchester County, South Carolina, and Miami-Dade County, Florida are ranked first and third, respectively. The port's FTZ reported more than $2.8 billion in exported goods in 2016. Additionally, FTZ No. 62 ranked ... [+]

Qatar Airways Cargo is 1st International Airline to Launch Dedicated Freighter Service to Yangon

Qatar Airways Cargo has commenced direct freighter service to Yangon, Myanmar. The Doha-Yangon-Doha route is served once-a-week with the Airbus A330 freighter, providing more than 60 tons of cargo capacity each way. Qatar Airways’ Acting Chief Officer Cargo, Mr. Guillaume Halleux, said: “We are delighted to launch our eighth freighter ... [+]

World Container Index – 16 Nov

World Container Index: Drewry assessment on Thursday, 16 November 2017 • The composite index is down by 10.5% this week and down by 16.2% from the same period of 2016. • The average composite index of the WCI, assessed by Drewry for year-to-date, is US $1,493/40ft container, which is $113 lower than ... [+]

Houston Port Commission Approves 2018 Budget

The Fiscal Year 2018 Operating and Capital Budget was approved on November 14 during a special meeting of the Port Commission of the Port of Houston Authority. Solid financial performance is expected to continue in 2018. Port Houston projects total revenue growing 9% over the 2017 mid-year forecast, fueled by container ... [+]

AACargo Transports China’s Summer Palace Treasures to US for 1st Time Ever

American Airlines Cargo was honored to successfully transport more than six tons of China’s national treasures from Beijing to Los Angeles in order to bring selections from the Summer Palace Museum to the United States for the first time. In conjunction with the Bowers Museum, one of Orange County’s finest and ... [+]

GPA Approves Projects to Expand Rail, Gate Capacity

On the heels of reporting 32% growth in containerized trade for October, an all-time record for Savannah, the Georgia Ports Authority approved rail and gate expansion projects that will significantly increase capacity at GPA’s Garden City Terminal – the single largest container terminal in all of North America. “A strong Southeast ... [+]

Hapag-Lloyd delivers significantly higher operating result (EBIT)

Hapag-Lloyd closed the third quarter of 2017 with a significant positive Group net profit and a much improved operating result (EBIT). The integration with United Arab Shipping Company (UASC) is almost completed and on schedule to be finalized by the end of the year. For the third quarter the net profit ... [+]

JAXPORT expands vehicle-handling capacity

JAXPORT has begun construction of a new automobile processing terminal, the first phase of a multi-year project which will increase the port’s vehicle handling capacity by 25%. Once completed, the facility will add more than 100 acres of processing and storage space on JAXPORT’s Dames Point Marine Terminal and offers vessels ... [+]

Port Manatee-Ecuador trade opportunities abound

Port Manatee is seen as an ideal gateway for Ecuadorian imports to burgeoning Central and Southwest Florida markets, according to a top trade official visiting the Florida Gulf Coast port on November 14. “Opportunities are really growing for reaching Central and Southwest Florida by way of Port Manatee,” said Manuel Echeverria ... [+]

POLB Dedicates Second Advanced Fireboat

A second, new fireboat was officially brought into service on November 13 at the Port of Long Beach, completing a program to provide the most robust waterborne safety of any container seaport in the world. “Vigilance” was dedicated in a dockside ceremony for the late Long Beach Harbor Commissioner Dr. John ... [+]

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