May 2025
DP World said May 15 it will invest US$760 million to expand the Dominican Republic Port of Caucedo, which it said would create a manufacturing and logistics hub for the Americas
DP World signed a memorandum of understanding, or MoU, with the Dominican Republic’s Ministry of Industry, Commerce and MSMES. MICM initiates negotiations that will raise Caucedo’s container handling capacity from 2.5 million twenty-foot equivalent units to about 3.1 million TEUs, ...
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‘Liberation Day’ for many U.S. consumers and global traders came on May 14, not April 2, which was the day when President Donald Trump essentially set an embargo against Xi Jinping and China, and prohibitive tariffs against every country. And some penguins.
Instead, On May 12, Trump issued a joint statement ...
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The St. Bernard Port, Harbor and Terminal District, in partnership with Associated Terminals, on May 14 celebrated the completion of more than two decades of planning in the historic opening of the Chalmette Slip Rehabilitation Project.
Originally constructed in 1907, the Chalmette Slip is fully operational for the first time in ...
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Fresh Del Monte Produce Inc., Freeport Warehouse LLC and Port Freeport unveiled the new Cross-Dock No. 1 facility, with 80,000 square feet of chilled cross-dock warehouse located near Port Freeport’s Velasco Container Terminal.
Fresh Del Monte Produce, a leading vertically integrated producer, marketer and distributor of high-quality fresh and fresh-cut fruit ...
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The Port of Long Beach, after recording one of the strongest April’s on record – and its 11th consecutive month of cargo increases – is girding for a double-digit decline in shipments for May, due to the partially paused tariffs tit-for-tat.
Dockworkers and terminal operators moved 867,493 twenty-foot equivalent units, or ...
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As one of the busiest U.S. seaports, the Port of Long Beach supports 2.7 million jobs across the nation, including more than 1.1 million in California, according to a port-commissioned study conducted by Boston-based EBP US found.
In the five-county Southern California region, more than 691,000 jobs are connected to Port ...
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Danish shipping giant Maersk posted better-than-expected first quarter operating profit but warned that the ongoing tariff trade war between China and the U.S. could stunt global container volumes.
Maersk said first quarter earnings before interest, tax, depreciation and amortization, or EBITDA, of US$2.71 billion for the 2025 first quarter, 70 percent ...
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Chicago-based logistics solutions provider Loadsmart said Geoff Kelley has joined the company as COO and will oversee its brokerage, 4PL and managed transportation services.
Kelley was president of Nolan Transportation Group (NTG) and Transportation Insight (TI), where he helped lead the company through a period of aggressive growth and tech transformation ...
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April U.S. container imports increased 1.2 percent over March and 9.1 percent compared to the same month last year, surpassing 2.41 million TEUs for the second time in 2025, despite the current chaotic trade environment, according to Descartes Systems Group’s May Global Shipping Report.
Year-over-year, April volumes were 25.6 percent above ...
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BIMCO, the world’s largest shipping association, elected Fednav President and CEO Paul Pathy as the organization’s 47th president at its May 14 general meeting in Copenhagen.
Pathy, also the first BIMCO president from the Americas, succeeds Nikolaus H. Schües who is finishing his two-year term and will serve two more years ...
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