Canaveral Port Authority CEO Capt. John Murray in his annual state of the port address, detailed how all segments of operations – cruise, cargo, recreation, real estate, commercial fishing and aerospace – contributed to the Central Florida port’s performance.
Revenue for fiscal year 2025 reached US$218 million, with US$182 million coming from the port’s cruise business. Cargo raised US$25 million and non-ship operations were US$211 million.
"Our business growth and solid financial ...
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Following U.S.-China trade negotiations, China has committed to resume imports of U.S. soya beans and will purchase 12 million tonnes during the rest of 2025 and 25 million tonnes per year during the next three years, like 2024 volumes. If these commitments are met, U.S. soya bean shipments are expected ...
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Coal shipments are forecast to decline 4.9 percent between 2025 and 2027, as demand is falling as electricity generation from renewable sources continues to expand, particularly in China, Europe and India, said BIMCO, the Danish shipping association.
Furthermore, the global steel demand outlook is weak, contributing to limited demand for iron ...
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Global investment firm KKR said it has launched Galaxy Container Solutions, a global marine container leasing and financing platform, in partnership with a team of industry veterans.
Galaxy will be owned by KKR-managed credit funds and accounts, which are committing US$500 million to the company via KKR’s Asset-Based Finance (ABF) strategy.
Galaxy’s ...
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Contract logistics provider DHL Supply Chain said it has launched its DHL ReTurn Network, a multi-client reverse logistics solution in North America, designed to help businesses manage returns more efficiently and sustainably.
National Retail Federation said U.S. consumers returned more than US$890 billion worth of merchandise in 2024, a 15 percent ...
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Average container market spot rates from the Far East to U.S. was flat on all five main front-hauls the week of Oct. 31, and remain so against levels seen in mid-October, said Xeneta, the freight rate benchmarking and market analytics platform.
Compared to September, average Far East-to-U.S. West Coast spot rates ...
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The 19th edition of One World’s Market Sentiment Index (MSI) for the multipurpose and breakbulk Industryreflects a modest rise for the first time in 2025 to a level of 53.3, despite a maritime industry roiled by the chaos of the U.S. administration.
Of the 27 carriers that provided inputs to MSI’s ...
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Drewry’s Global Container Port Throughput Index increased 1.3 percent month-over-month in August, up 5.1 percent year-over-year. Meanwhile, the rolling 12-month growth rate fell to 5.9 percent, continuing the downward trend that started in May.
However, year-to-date performance remains ahead of projections made earlier in the year, raising the 2025 forecast 4.7 ...
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CSX, the U.S. East Coast Class I rallroad, has reported executive leadership changes that the company said are designed to strengthen its strategic focus and advance its long-term growth objectives.
Kevin Boone has been named executive vice president and CFO, succeeding Sean Pelkey, who has departed the company. Maryclare Kenney has ...
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Amid a prolonged freight recession and shifting global trade patterns, C.H. Robinson said it delivered another strong quarter of earnings, with execution of its strategic initiatives and the growing impact of its Lean AI transformation.
During the company’s third-quarter earnings call, Dave Bozeman, president and CEO, highlighted how CHR’s sustained outperformance ...
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