Business
APM Terminals has signed a memorandum of understanding with Sahathai Terminal PLC (PORT) and Mitr Phol Sugar to develop a 345,000 TEU capacity greenfield container terminal in Bangkok, Thailand. Bangkok River Terminal Limited (BRT) will accommodate Thailand’s rapidly-growing containerized import and export trade.
Sahathai Terminal PLC (PORT), Thailand’s leading container terminal and logistics company formed a Joint Venture with Mitr Phol Sugar to develop this Container Terminal in October 2018. With ...
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Port of Duluth-Superior finished the 2018 shipping season on a strong note, having handled 35.9 million short tons of cargo.
“Shipments of Minnesota iron ore accounted for the lion’s share of tonnage moved through the Port of Duluth-Superior—21.5 million short tons, to be exact,” said Deb ...
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Descartes Systems Group, the global leader in uniting logistics-intensive businesses in commerce, announced that it has signed a definitive agreement to acquire the businesses run by the Management Systems Resources Inc. group of companies operating under the names “Visual Compliance,” “eCustoms” and “MSR” (collectively, “Visual ...
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Last year proved to be an exceptional year for the American Airlines Cargo team, with the division exceeding multiple all-time records in performance, volume and revenue, finishing the year with more than $1 billion in revenue.
The airline moved record volumes of freight and mail across ...
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Following a fifth consecutive year in 2018 of record tonnage handled at the Port of Montreal, and the likelihood of similar anticipated growth in the coming years, the Montreal Port Authority (MPA) has decided to work in priority with its terminal operators, Montreal Gateway Terminals ...
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Intellect Technologies, a leading U.S. Customs authorized service and global logistics technology solutions provider, has announced their latest innovation for their eCustoms platform. This state-of-the-art ACE/ABI compliant software solution introduces an eCommerce Section 321 DeMinimis Solution.
What is Section 321?
March 2016, US. Customs (CBP) published an ...
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The Port of Virginia® set a new annual record for container cargo volume having handled more than 2.85 million TEUs in calendar year 2018, a slight percent increase over last year’s total.
In 2018, the port’s TEU volumes were up .5% over the prior year. The ...
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The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is down 5.7% to $1,689.95 per 40ft container (updated Thursday, 10 January 2019).
Two-year spot freight rate trend for the World Container Index:
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DB Schenker recently announced a new strategic partnership with Magento, one of the world's leading providers of e-commerce platforms, to equip small and mid-size merchants with a powerful new extension.
Combining DB Schenker’s fulfilment experience with global logistics markets with the powerful customization and flexibility of ...
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Maryland Governor Larry Hogan recently announced that the Maryland Department of Transportation Maryland Port Administration (MDOT MPA) will receive $6.6 million in U.S. Department of Transportation grant funding to contribute to a project that will deepen a second container berth to 50 feet at the ...
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