Gary G Burrows
The Port of Virginia (POV) is profitable for the first time since 2008. Preliminary reports indicate that POV is forecast to turn a $16.1 million profit in FY 2015, which is a $31.5 million improvement in operating income compared with the prior fiscal year.
POV also continues to set cargo handling records this FY 2015, handling more than 2.5 million TEUs in the twelve months that closed June 30, and eclipsing ...
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CargoSphere has entered into an agreement with Sumitomo Warehouse (U.S.A.), Inc. to implement its rate management platform and Rate Mesh solution for its three US-based offices in Los Angeles, Chicago and Atlanta.
Adopting a faster, more analytical approach to quoting ocean rates to customers was important to Sumitomo. By adopting CargoSphere’s ...
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Kerry Logistics Network Limited, a logistics service provider in Asia, has introduced six fully automated and programmed robotic butlers at its flagship facility PC3 in Hong Kong to meet the ever-growing consumer demands in online shopping.
Kerry Logistics is one of the first 3PLs in Asia to adopt robotic butlers in ...
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SDV Logistique Internationale, a subsidiary of Bolloré Logistics, and HAROPA recently signed a preliminary agreement for the construction of a warehouse on the Parc Logistique du Pont de Normandie 2 (PLPN2) platform at the Port of Le Havre.
This project is divided into two successive construction stages: the first stage involves ...
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AAPA contends connections at nearly one-third of U.S. ports each need minimum $100 million in upgrades to handle projected 2025 freight volumes.
The port labor dispute may have generated headlines earlier this year, but a bigger threat facing American seaports is the long-term ability of US national seaport gateways to efficiently ...
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A backlog of container ships crowding San Francisco Bay is fading, the Port of Oakland says. On September 1, the Port reported no vessels at anchor waiting for berths at its five marine terminals. It was the sixth straight day of no waiting after a summer-long buildup of ships in ...
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Wall Street Journal reporters indicate that China Shipping Container Lines (CSCL), a subsidiary of the China Shipping Group, is reportedly planning to order 10 ultra-large container ships for US $1.5 billion.
The mammoth container ships can carry up to 20,000 intermodal containers each, which would help CSCL fulfill its capacity commitments ...
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Atlas Air Worldwide Holdings, Inc.has announced that its Atlas Air, Inc. unit will operate two Boeing 767 aircraft leased to DHL Express by the company’s dry leasing entity, Titan Aviation. Atlas Air will operate the aircraft through its sister company, Polar Air Cargo Worldwide, Inc., linking the flights with Polar’s ...
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Tony Tyler, long time friend to the air cargo industry as Director General and CEO of the International Air Transport Association (IATA) and former Chief Executive of Cathay Pacific Airways in Hong Kong is retiring from his IATA post in June 2016.
He will have served five years in the position.
The ...
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Great going Americold! This global leader in temperature-controlled supply chain solutions was just awarded the bid from the Maine Port Authority to build a 150,000 sq. ft. facility on 6.3 acres of land adjacent to the International Marine Terminal in Portland, ME.
"Americold has been a fixture in the local community ...
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