Archives



Gary G Burrows

KLM and Philips to set up a special freight airlift from Amsterdam to China

With the current loss of around 90% of all flights between Europe and Asia, there is a major shortage of freight capacity. At the same time, and precisely because of the crisis surrounding COVID-19, there is a huge requirement to transport medical equipment and other supplies quickly between the US, Europe and China. KLM has now joined forces with Royal Philips (NYSE: PHG; AEX: PHIA) and the Dutch government ... [+]

North Carolina Ports Completes Turning Basin Expansion Project

The North Carolina State Ports Authority is ready to welcome the largest containerships calling on the United States East Coast following the completion of Phase II of the Turning Basin Expansion Project at the Port of Wilmington. The expansion allows the port to accommodate ultra-large container vessels (ULCVs) with a ... [+]

Port Manatee opens transfer facility, maximizing vital throughput

A new throughput-maximizing facility opened in early April at Port Manatee is helping speed shipments of fresh produce to consumers of Florida and beyond. Port Manatee’s newly unveiled transfer facility, with room for 120 trailers, optimizes capabilities for expediting movement of cargo by freeing up near-dock yard space for ... [+]

USDOT announces Philly Shipyard, Inc. selected to build NSMV

The Maritime Administration announced on April 8 that TOTE Services, LLC, has selected Philly Shipyard, Inc., of Philadelphia, Pennsylvania to construct the newest class of training ship, the National Security Multi-Mission Vessel (NSMV). The shipyard will construct up to five new ships to provide world-class maritime training for America’s future ... [+]

Virus-Driven Drop in Container Volumes Continues

The Port of Virginia’s® March cargo volumes were down nearly 9% when compared with last year as the shipping industry continues to grapple with the negative effects of COVID-19 on world trade. “As we predicted, the impact on our volume continues, but the good news is that indicators show China’s ... [+]

Air Cargo Decline

Air cargo volumes fell 23% in March with an increasing speed of decline Covid-19 ‘raised its ugly head’ faster and faster in the air cargo industry in March as global cargo volumes fell by 23% versus the same four weeks of 2019. The decline in demand accelerated week-on-week throughout March, with the ... [+]

Airbus, Bolloré Logistics, WFS help protect Covid-19 health workers in France, Spain

Worldwide Flight Services (WFS) has worked alongside Airbus and Bolloré Logistics to expedite the distribution of two million face masks to health workers in France and Spain to support the live-saving medical teams in both countries battling the outbreak of the coronavirus. The three companies – all leaders ... [+]

APM Terminals Expansion Complete

Alabama’s seaport modernization program continues to complete important milestones to meet shipper demand and accommodate larger vessels. The Alabama Port Authority completed its 400-foot container dock extension at the APM Terminals Mobile facility on March 20, and three days later, the terminal for the first time simultaneously handled two ... [+]

CEVA Logistics is mobilized to help fight COVID-19

As a key part of its innovative service initiatives to help customers though the COVID-19 crisis, CEVA Logistics has already delivered significant additional volumes on behalf of numerous customers around the world. Air, air charter, ocean freight, ground transport and rail freight have all been deployed to ensure that shipments ... [+]

Drewry Recent Financial Report

Container shipping: Container shipping stock prices have been in full retreat with early March witnessing a market storm as stock markets around the world sold off and investors struggled to ... [+]

More »