Business
The Port of Los Angeles moved 684,291 TEUs in July as cargo shipments declined compared to last year’s record month.“Global trade has eased as warehouse inventories of retailers and manufacturers remain elevated,” said Port of Los Angeles Executive Director Gene Seroka. “American consumers are continuing to spend and are likely to find more discounted items this year as we move into fall fashion and year-end holiday season.”July 2023 loaded imports ...
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The Port of Savannah received four Super Post-Panamax ship-to-shore cranes on Aug. 24, upgrading the crane fleet to 34 machines at Garden City Terminal after four older cranes are retired and recycled.“Along with the completion of our project to improve Berth 1, these cranes will ...
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Canada’s Minister of Transport, the Honorable Pablo Rodriguez, recently announced an investment of up to C$11 million under the National Trade Corridors Fund. This investment will be used to build a new cargo facility for Canadian North, the Inuit-owned airline. To further enhance this commitment, ...
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Hapag-Lloyd has successfully completed its 100 % acquisition of SM SAAM’s terminal business and related logistics services, which is based on an agreement announced in October 2022. The transaction was approved unconditionally by the relevant antitrust authorities of all countries involved in this acquisition process.“We ...
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Freight forwarder OnBoard Logistics has partnered with intelligent logistics platform Raft to successfully optimize warehousing operations and redefine the way cargo is received and processed.
OnBoard Logistics now boasts a fully automated warehouse pre-check process, utilizing Raft’s platform to optimize the receipt and processing of cargo ...
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Oregon International Port of Coos Bay and NorthPoint Development are submitting a Mega Grant Proposal to Support the Pacific Coast Intermodal Port Project.Thie PCIP is considered to be a project of national significance by creating a new gateway for west coast imports and exports for ...
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Worldwide Flight Services (WFS), a member of The SATS Group, is to open a fifth cargo handling terminal at Adolfo Suárez Madrid-Barajas Airport to provide additional growth capacity and secure its position as Madrid’s largest independent handling provider.Construction of the new 6,500m₂ terminal has now ...
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Trade dipped at the Port of Long Beach in July due to adjusted trade routes, full warehouses and a shift in consumer spending to travel, entertainment and other experiences. Dockworkers and terminal operators moved 578,249 twenty-foot equivalent units (TEUs) last month, down 26.4% from July ...
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The Georgia Port Authority handled 447,590 TEUs in July, up 17 percent from 381,825 TEUs moved in June.
“I would like to thank our customers, and commend our employees, our partners at Gateway Terminals, and the Savannah and Brunswick ILA for achieving one of our busiest ...
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The Department of Homeland Security has awarded a $2.72 million grant aimed at enhancing security at the Port of Long Beach to ensure the safe and efficient movement of cargo in the wake of an emergency.As a recipient of the agency's Port Security Grant Program, ...
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