Business

CEVA Logistics confirms having received a non-binding letter of interest from DSV

The Board of Directors of CEVA Logistics AG confirms having received a non-binding letter of interest with an indicative offer price of CHF 30 per share by DSV at the end of last week. The Board of Directors has been analyzing, with the support of its advisors, diligently and seriously DSV’s proposal and engaged with the bidder to allow CEVA Logistics more time to review the new proposal. While the ... [+]

Georgia moves 630K cars, trucks and tractors in FY18

Georgia Ports Authority (GPA) Executive Director Griff Lynch detailed Fiscal Year 2018 successes, including 630,000 units of cars, trucks and tractors handled through Georgia terminals, at the Brunswick State of the Port conference.  "The Port of Brunswick achieved a solid performance across all cargo categories over ... [+]

Hurricane Florence affects Port of Virginia’s September totals

The Port of Virginia’s® TEU volume for the first quarter of fiscal year 2019 is running nearly 3%, or 20,000 TEUs, ahead of same period last year. The increase comes despite a 7% dip in September cargo volumes that was driven by Hurricane Florence, which ... [+]

Panama Canal sets record annual cargo tonnage in FY 2018

The Panama Canal closed FY 2018 with a record tonnage of 442.1 million Panama Canal tons (PC/UMS), which represents a 9.5% increase from the previous year. With this tonnage, the Panama Canal surpasses the cargo projections of 429.4 million PC/UMS tons for FY 2018, as well ... [+]

Port of Oakland shatters record for peak season cargo volume

A record-breaking peak season continues at the Port of Oakland.  The Port said that last month was the busiest September for import cargo in its 91-year history.  That followed another all-time record in August. The Port said it has handled the equivalent of 168,289 20-foot loaded import ... [+]

Savannah container trade up 12%

The Georgia Ports Authority achieved a 12% increase in containerized trade at the Port of Savannah in September, along with a 37.6% increase in roll-on/roll-off trade at the Port of Brunswick. "The impressive volumes moving through our deepwater terminals are related to our customers building inventory ... [+]

Port of Baltimore continues strong 2018 with record month for cars

The Maryland Department of Transportation Maryland Port Administration announced that the Helen Delich Bentley Port of Baltimore’s state-owned marine terminals handled 65,281 cars and light trucks in August, the highest monthly amount on record ever.  The August mark surpasses the previous record set earlier this ... [+]

MIA welcomes Amazon Air as company continues to expand

Miami International Airport is now part of Amazon Air’s cargo flight operations. The company has launched double-daily freighter service at MIA to destinations across the U.S. The new cargo service is being operated by Atlas Air Worldwide with Boeing 767-300F aircraft, and includes an onsite facility ... [+]

Construction Begins to Widen Road to Savannah Gateway Industrial Hub

Colliers International - Savannah announces that improved access to the Savannah Gateway Industrial Hub (SGIH) is under construction. McCall Road, which provides access to the eastern portion of the new industrial park, will be widened from Highway 21 towards the park.   "Completion is expected by March 2019 and ... [+]

Port Houston Continues to Shatter Records

The investments being made to Port Houston’s channel continue to pay off. As a result of the completion of the widening and deepening of its Bayport Channel and work on what’s known as the Bayport flare, Port Houston is seeing rapid growth in the size ... [+]

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