Business
Logistics payment platform PayCargo and Gnosis Freight, a provider of supply chain visibility and execution software for shipping containers, on March 3 announced an integration and partnership with leading liner shipper Hapag-Lloyd to launch the Container Payment Portal, or CPP.
Hapag-Lloyd has released plans to utilize the newly developed Container Payment Portal, or CPP, to accelerate cargo movement for customers and supporting terminal operators. This innovative solution will enhance cargo ...
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Global trade will still grow even if all tariffs proposed during President Donald Trump’s election campaign are implemented, and other countries retaliate, said
in the latest edition of its Trade Atlas, published on March 12. However, the tariffs could significantly reduce the rate of ...
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Descartes Systems Group, a provider of on-demand, software-as-a-service solutions, said Illinois-based freight forwarder American Lamprecht has employed its cloud-based forwarder enterprise billing and accounting solution.Using Descartes’ shipment tracking capabilities, which are integrated with Descartes’ cloud-based forwarder enterprise billing and accounting solution, American Lamprecht can provide ...
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The BlackRock-TiL Consortium and CK Hutchison said March 4 they have reached in principle agreements whereby BlackRock-TiL will acquire HPH’s 90 percent interest in the Panama Ports Co.,BlackRock-TiL will also acquire CK Hutchison’s 80 percent effective and controlling interest in subsidiary and associated companies owning, ...
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The Trump administration has proposed fees on the use of China’s commercial ships to combat the Asian giant’s maritime dominance, Bloomberg reported Feb. 21The Office of the U.S. Trade Representative outlined a plan for fees on Chinese-built ships that transport traded goods, as well as ...
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The Port of Long Beach started 2025 with its strongest January on record and its second-busiest month ever, largely driven by retailers moving cargo ahead of the anticipated tariffs on goods from China, Mexico and Canada.Dockworkers and terminal operators moved 952,733 twenty-foot equivalent units, or ...
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HD Korea Shipbuilding & Offshore Engineering, or HD-KSAOE, has revealed the design for a 15,000-twenty-foot-equivalent unit nuclear-powered containership that employs modular reactor technology.
The design, which was revealed Feb. 12 at the New Nuclear for Maritime Houston Summit at the Asia Society Texas Center, has ...
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Rank-and-file members of the International Longshoremen’s Association, or ILA, overwhelmingly agreed to ratify provisions of a new six-year master contract with U.S. Maritime Alliance, or USMX.The ILA represents some 47,000 longshore workers at U.S. Atlantic and Gulf coasts ports, and nearly 99 percent of its ...
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The re-routing of merchant ships around Cape of Good Hope instead of crossing the Bab-al-Mandab has not only led to significant changes in trade patterns and tonne-mile demand, but has also resulted in certain operational challenges, especially regarding the procurement of certain stores and spares ...
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Global container volumes increased 6 percent in 2024 to 183.2 million twenty-foot-equivalent units, according to full-year figures from Container Trades Statistics Ltd., or CTS.Three months in 2024 – May, August and December – each surpassing 16 million TEUs, a first in history. This achievement contrasts ...
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