Business
Port Canaveral showed revenue growth across all business sectors in its fiscal year 2024. and the South Atlantic port projects a strong outlook for the coming fiscal year.Canaveral Port Authority CEO Capt. John Murray, in his “State of the Port” address Nov. 20, said the port's total earned revenues came in at US$191 million with cruise operations contributing US$156 million, cargo US$23 million and non-ship operations at US$12 million."Port Canaveral ...
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Drewry’s September Global Container Port Throughput Index improved 4.7 percent from the year-earlier quarter, though down 0.3 percent from August.The rolling 12-month average growth rate for global port handling remained at 5.5 percent, while global year-to-date growth to September was 6.5 percent, with all regions ...
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UBSL, who for years has operated liner service from the Mediterranean and Black Sea to West Africa, has expanded into servicing the Caribbean and the East Coast of South America.UBSL Caribbean Line is a joint venture between BOCS Bremen and Universal Africa Lines. UBSL Caribbean ...
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FIFA has selected critical logistics company Rock-it Cargo as the Official Logistics Provider of the FIFA World Cup 26, the tournament set to take place across 16 host cities in Canada, Mexico and the U.S., from June to 11 to July 19, 2026.Rock-it Cargo, a ...
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Volkswagen Group of America in October opened a new vehicle processing center in Port Freeport in Texas, which represents a US$114 million in the Freeport area.The Freeport facility, built by KDC, spans more than 120 acres about 63 miles south of Houston along the Gulf ...
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The California ports of Long Beach and Los Angeles are in the midst of a record string for container volumes, both setting records for October volumes.
The Port of Long Beach moved nearly 1 million cargo containers in October, the strongest month ever, driven by ...
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The Port of Galveston has seen wind turbine shipments picking up, with hundreds of imported blades and tower pieces bound for a US$5 billion SunZia wind farm being built in New Mexico.Through October, the port has imported 979 wind pieces totaling more than 32,000 tons, ...
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U.S. trucking activity rose modestly in October, according to the American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index, the third increase since July.“The slow, and choppy, climb off of the bottom continued in October,” said ATA Chief Economist Bob Costello. “Since hitting a ...
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Swedish-Norwegian roll-on, roll-off carrier Wallenius Wilhelmsen said its third quarter was its second-strongest quarter of record, despite a slight dip in adjusted EBITDA, to US$503 million.“All business units are performing well, and the activity level is high across the organization,” said Lasse Kristoffersen, CEO of ...
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Americans could face a loss of US$46 billion to US$78 billion in spending power each year if newly re-elected President Donald Trump makes good on his promise of new tariffs on imports, according to a recent study by the National Retail Federation.Trump’s proposals include a ...
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