Business
For the sixth consecutive year, Port Everglades container throughput exceeded one-million TEUs for a total of 1.05 million TEUs, according to a preliminary year-end Fiscal Year 2019 (FY19) report (Fiscal Year runs Oct. 1, 2018 – Sept. 1, 2019). The number of cruise passengers grew by one% to 3.89 million during FY19 and petroleum volumes increased by 2% to 125.9 million barrels (42 gallons in a barrel). Overall revenue increased ...
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Kerry Logistics Network Limited announced the acquisition of a majority interest in Turkey’s Asav Lojistik Hizmetleri Anonim Sirketi (ASAV) to further the expansion of its global network and strengthen its international freight forwarding capabilities.
Building upon ASAV’s competitive advantages of established operations and a diversified mix ...
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The federal government has awarded the Jacksonville Port Authority (JAXPORT) a $20 million grant for the reconstruction of more than 100 acres of existing terminal pavement at the SSA Jacksonville Container Terminal at JAXPORT’s Blount Island Marine Terminal. The funding is part of a $238 ...
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CargoSphere, the neutral rate network for container shipping, recently announced the launch of eSUDS Connector, a universal rate structure and API for ocean carriers to accelerate 100% digital rate distribution to customers.
eSUDS Connector offers carriers a standard API to transfer confidential customer contracts, amendments and ...
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Liebherr Container Cranes Ltd. recently delivered three RTGs to CSX Intermodal Terminals (CSXIT) in the United States: two for Bedford Park, IL; the other for Worcester, MA. The RTGs deliver fuel savings of up to 40%.
The two RTGs for Bedford Park stack six containers and ...
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The Panama Canal has closed the 2019 fiscal year (FY19) with a record tonnage of 469 million Panama Canal tons (PC/UMS), a 6.2 percent increase compared to FY2018. With this figure, the waterway exceeds the 450.7 million PC/UMS tons projection for FY2019, as well as ...
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South Carolina Ports Authority extends its reach beyond the Port of Charleston to make a significant economic impact throughout South Carolina and in the Pee Dee.
S.C. Ports makes a $7.1 billion annual economic impact in the Pee Dee and creates 25,000 jobs in the region, ...
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SRP Companies, a leading supplier to more than 60,000 retailers nationwide, will invest $1.16 million to relocate a substantial portion of its warehouse operations from Philadelphia, Utah, and Oklahoma to the City of Virginia Beach.
"SRP Companies' decision to move its operations to Virginia is a ...
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PhilaPort officially opened its first Terminal in over 45 years. The $110 million 155-acre Southport Auto Terminal and Vehicle Processing Center (VPC) was opened on Tuesday, October 29, with a ceremonial Ribbon Cutting.
Governor Tom Wolf along with the facilities operator Glovis America’s CEO and Head ...
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Alaska Air recently posted impressive 3Q results in its cargo business as the carrier continued to market and sell capacity on its passenger network and optimized freighter service to and within the state of Alaska. The business benefited from a large increases in awareness and ...
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