Business

Port NOLA Sets Container Record in 2018

The Port of New Orleans (Port NOLA) moved more containers in 2018 than at any time in its history, totaling 591,253 TEUs, up 12.3% compared to one year ago. The record marks the fifth year in a row Port NOLA has surpassed the half million TEU-mark at its Napoleon Avenue Container Terminal, which is operated by New Orleans Terminal and Ports America. “The expansion of the Panama Canal and growth in ... [+]

President’s Budget Allocates $138M for Charleston Harbor Deepening Project

The President’s Fiscal Year 2020 Budget includes $138 million for the 52-foot Charleston Harbor Deepening Project, a milestone that provides an opportunity for the project to receive Congressional funding for construction. "We are grateful to the Trump Administration for recognizing the value of the Charleston Harbor ... [+]

CEVA Logistics expands in eCommerce services

CEVA Logistics has further expanded its eCommerce services with the implementation and go-live of significant new business wins in the UK, Turkey, USA, Canada and Brazil in the last few months. CEVA's unique global footprint as well as the ability to provide both warehousing and ... [+]

IndiGo Airlines Rolls Out SmartKargo Cloud Solution for Cargo Business Operations

QuantumID Technologies announced that IndiGo Airlines has successfully launched the SmartKargo Cloud solution for the digital transformation of its Cargo business operations. The comprehensive SmartKargo solution was deployed across all functional areas of IndiGo's Cargo Business across all global locations and all functional areas of ... [+]

Moody’s Upgrades Panama Canal’s Long-Term Rating

Moody’s Investors Service upgraded the 20-year $450 million Senior Unsecured Bonds issued by the Panama Canal Authority (ACP) to A1 from A2, with a stable outlook, based on the waterway's strong performance since the expansion's inauguration. Moody's noted that the Expanded Canal has increased overall tonnage ... [+]

CN recognized

CN  is pleased to be recognized   as one of Canada’s Best Diversity Employers by Canada’s Top 100 Employers for a third consecutive year.  “The diversity of our employees is among our biggest strengths and contributes to our ongoing success,’’ said Kim Madigan, Senior Vice-President, Human Resources ... [+]

Hapag-Lloyd operating result for 2018 considerably improved

Hapag-Lloyd achieved a higher operating result in the 2018 financial year than in 2017, says corporate officials. On the basis of preliminary and unaudited figures, earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to EUR 1,138 million (2017: EUR 1,055 million). Earnings before interest ... [+]

MASKWORLD Masters Peak Season Shipping Volumes Using Descartes pixi* WMS™

Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that MASKWORLD (Metamorph GmbH), Germany's leading ecommerce vendor for costumes and disguises, has deployed the Descartes pixi* warehouse management system (WMS) to keep pace with peak season spikes in shipping volumes. The ... [+]

AAFA Publishes 20th Edition of industry’s Restricted Substance List

The American Apparel & Footwear Association published the 20th edition of the Restricted Substance List (RSL). As the “go-to” resource for industry professionals tasked with chemical management, the RSL lists banned and restricted chemicals and substances for finished apparel, footwear, and home textile products, identifying ... [+]

Delta, Virgin Atlantic Cargo Celebrate Five Years of Partnership

Virgin Atlantic Cargo and Delta Cargo  are promising customers more choice and reach, as well as the service benefits of greater automation as their trans-Atlantic joint venture partnership celebrates its fifth anniversary. The airlines’ commitment to build the leading trans-Atlantic partnership has already increased customers’ access ... [+]