Business
A delegation of Texas port leaders and Rodger Rees, Galveston Wharves port director and CEO, recently traveled to Panama with to explore growth opportunities.The U.S.-Panama Business Council organized the trade mission June 13-14 so that high-level Panamanian government, business and canal leaders could meet with the Texas delegation to discuss current opportunities and the global outlook.The Panama Canal is a major shipping route for cargo and lay ships that call ...
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Port of Oakland import cargo volume increased last month despite continuing global supply chain woes. The drivers – longstanding customers who are committed to moving goods through the Port of Oakland and ocean carrier services returning to the Northern California seaport.The Port said May full ...
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IAG Cargo reports that it has supported Bolloré Logistics to reduce its CO2 supply chain emissions by purchasing one million liters of sustainable aviation fuel (SAF). The SAF will be delivered in two shipments, in July 2022 and November 2022 and will reduce approximately 2,400 ...
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Chinese Jinling shipyard (Nanjing) recently delivered the Eco Mediterranea, the tenth of 12 vessels ordered belonging to the Grimaldi Green 5th Generation (GG5G), which includes the largest and most eco-friendly ro-ro units in the world for short sea shipping.This is the tenth hybrid ro-ro vessel ...
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The Halifax Port Authority (HPA) is reviewing the operating model for a portion of Richmond Terminals in relation to general cargo operations. This includes berths 9B and 9C, and the areas including shed space behind those berths (Shed 9B).The HPA's goal is to identify experienced ...
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DB Schenker announced an agreement under which DB Schenker will acquire all outstanding shares of USA Truck common stock for $31.72 per share in cash. The transaction values USA Truck at approximately $435 million, including assumed cash and debt.
The combination advances DB Schenker and USA ...
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IAG Cargo has launched a new direct service from London Heathrow to Portland as well as restarting flights to Pittsburgh for the first time since March 2020.
The brand-new service to Portland operates five times a week and is the only non-stop connection between Oregon and the ...
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In an ongoing effort to engage local and small businesses in the New Orleans Gateway, the Port of New Orleans (Port NOLA) is hosting a Procurement Fair on June 29 from 9 a.m. to noon at the Port of New Orleans Administration Building, 1350 Port ...
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National Foreign Trade Council (NFTC) President Jake Colvin issued the following statement on June 17 following the conclusion of the World Trade Organization’s (WTO) 12th Ministerial Conference in Geneva:
“It is clear that there’s a tremendous need for a vibrant WTO that is able to tackle ...
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The Federal Maritime Commission approved a settle agreement reached between its Bureau of Enforcement (BoE) and Hapag-Lloyd AG on June 8 whereby the ocean carrier will pay a $2 million civil penalty to address alleged violations related to their detention and demurrage practices.
“To restore full confidence ...
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