Hanseatic Global Terminals has become the sole owner of Florida International Terminal LLC following the completion of a capital structure adjustment with Grupo Empresas Navieras, the companies said.
Under the transaction, Grupo Empresas Navieras exited its minority stake in the terminal operator through its affiliate Agunsa USA Inc., aligning with its strategy to streamline its portfolio.
Florida International Terminal operates at Port Everglades in South Florida, serving a large consumer market and ...
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Global trade rose by about US$2.5 trillion in 2025 to a record US$35 trillion, a gain of roughly 7.5 percent, according to the United Nations Conference on Trade and Development.
Goods trade led the expansion, increasing about 7 percent and contributing roughly US$1.8 trillion. Services trade grew around 8 percent, adding ...
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A near shutdown of the Strait of Hormuz is rapidly spreading strain across the global economy, hitting trade flows, driving up prices and tightening financial conditions, according to a new assessment from UN Conference on Trade and Development, or UNCTAD.
In its latest update released April 1, UNCTAD said activity through ...
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C.H. Robinson said it will waive fees on fuel cards and fuel-related cash advances for contract carriers in April and May as diesel prices rise with the latest Middle East conflict.
Fuel is the largest operating cost for trucking companies, typically about 20 percent to 28 percent of total expenses, said ...
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Confidence among U.S. small businesses declined for a second straight quarter as concerns about inflation and the broader economy intensified, according to the latest index from the U.S. Chamber of Commerce.
The Chamber’s Small Business Index fell to 67.0 in the first quarter from 68.4 in the prior period, extending a ...
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The global shipping order book reached a 17-year high of 191 million compensated gross tonnes (CGT) by the end of the first quarter of 2026, equal to 17 percent of the global fleet, according to BIMCO.
The increase reflects sustained newbuilding activity and a surge in tanker orders, including a record ...
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APM Terminals’ US$73 million rail expansion at Port of Los Angeles is accelerating cargo flows from ships to inland markets, as upgraded infrastructure at Pier 400 boosts capacity and cuts transit times.
The project, implemented at APM Terminals Los Angeles, added 31,000 linear feet of track and doubled on-dock rail storage. ...
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GEODIS said it is consolidating legacy brands in France and expanding specialized healthcare logistics capabilities in Switzerland, as it seeks to strengthen its European network.
The company said Sealogis, Sealogis Freight Forwarding and XP LOG will be rebranded under the GEODIS name by the end of the second quarter. The units, ...
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Ocean Network Express has agreed to acquire a 30 percent stake in Hutchison Laem Chabang Terminal, strengthening its access to capacity at one of Southeast Asia’s key shipping hubs.
The investment, announced March 30, covers the Laem Chabang facility’s Terminal D, as well as Terminals C1, C2 and A3. The terminal ...
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Global logistics provider GEODIS has completed its acquisition of Transports Malherbe after receiving regulatory approval, strengthening its position in France’s road freight market.
The deal expands GEODIS’s capabilities in full truckload and less-than-truckload transport, particularly in the agri-food and retail sectors where Malherbe has an established presence. The combined operations bring ...
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