Business
Drewry container equity index slumped 25.9% YTD 2022, as of July 15, 2022, after recording a significant valuation gain of 79% and 133.7% in 2020 and 2021 respectively. Liner stocks started 2022 on a positive note but the global polycrisis originating from the decade-high inflation, tight liquidity and geopolitical crisis between Russia and Ukraine forced investors to look for safe heavens; as a reul, quity markets fell workwide, eroding the ...
[+]
The Port of Oakland’s total loaded container volume in June was down 1.5% compared to June 2021. The port handled 163,757 loaded TEUs in June compared to 166,252 in June 2021. The total volume, including empties, was down 2.9%.Loaded import volume continues to rise. Loaded ...
[+]
SEKO Logistics was voted ‘2022 Top 10 3PL’ in a survey of thousands of buyers of logistics services in North America, capping a year of record growth, which included their biggest-ever global acquisition and the launch of a new ecommerce business unit.SEKO was ranked 4th ...
[+]
Fiscal Year 2022 was another record-breaker for the Georgia Ports Authority, with container volumes growing 8% for a total of 5.76 million TEUs.The Port of Savannah ended the year with a record June, handling 494,107 TEUs in total cargo, up 10.6% or 47,300 TEUs compared ...
[+]
The Port of Corpus Christi achieved its best quarter and best first half in the Port’s 100-year history, this month.In Q2 2022, the port moved a record 46.4 million tons, eclipsing the prior record quarter (Q4 2021) by 4.8%. The Port of Corpus Christi also ...
[+]
Port Everglades exceeded its record May and June cargo volumes thanks to new ocean shipping services from India, Turkey and Greece."Unlike the downturn that we typically experience at the end of our busy melon season, we had a spike in May and June because of ...
[+]
Turkish Airlines and Vietnam Airlines signed a memorandum of understanding (MoU) at the Farnborough International Airshow in the UK to strengthen bilateral cooperation. The cooperation between two flag carriers will not only open up new opportunities to enhance the competitiveness and develop business, but also ...
[+]
American Trucking Associations President and CEO Chris Spear issued the following statement praising President Biden’s executive order to establish a Presidential Emergency Board to help avert the possibility of a rail strike that could have started next week:“We commend President Biden for taking decisive action ...
[+]
The Port of Virginia® set a new June cargo volume record having handled more than 317,000 TEUs, which is an increase of nearly 36,000 units when compared with last June.June was the port’s fourth consecutive month of cargo volumes of 314,000 TEUs or more and ...
[+]
Port and City of Long Beach officials applauded the approval and signing of the state of California's 2023 budget, which will bring crucial state funding to the nation's largest port complex, including $110 million for a planned goods movement workforce training campus to enhance safety ...
[+]
« Back
More »
