Business
Containerized cargo volume declined at the Port of Oakland in January, the result of spreading supply chain congestion. The Port said today that import volume dropped 11.9% last month compared to January 2020. Exports were down 11.3%. The Port attributed cargo declines to factors that included: • Late-arriving ships from Southern California where up to 60 vessels are at anchor awaiting berth space; • ...
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The Saudi
Logistics Company SAL has signed a memorandum of cooperation with King Abdullah
Economic City in order to provide further support to both logistics sector in
the Kingdom and King Abdullah Economic City. The signed memorandum by Mr. Omar
Hariri, CEO of SAL, and Mr. Ahmed Linjawi, CEO ...
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2020 has been another year of solid progress for A.P. Moller - Maersk, both in terms of financial performance and in transforming the company. Despite low volumes during most of 2020, profitability grew throughout the first nine months and ended the year with record Q4 ...
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It’s no secret that unprecedented consumer demand combined with tightening freight capacity and rising shipping rates are driving rapid change and growth in today’s logistics and transportation industry. What you might not know though, is that to manage such change, more and more companies in ...
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The CMA CGM Group, a world leader in shipping and logistics, is stepping up its strategic development in logistics by creating a specialized air freight division: CMA CGM AIR CARGO.
This move into air freight strengthens the Group’s transport and logistics business, allowing it to offer ...
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The Helen Delich Bentley Port of Baltimore has set another record at the Seagirt Marine Terminal this week, with 6,000 container moves conducted by longshore workers from the Maersk Edinburgh – the most ever from a single ship in the 315-year history of the ...
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The Keith Corporation and South Carolina Ports Authority recently announced the groundbreaking of the largest speculative industrial facility ever built in the Charleston region — a 1,019,200-square-foot, cross-dock industrial building in the Charleston Trade Center.
The Charleston Trade Center is situated off the Nexton Parkway interchange ...
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The Galveston Wharves ended 2020 with a positive cash flow despite the pandemic and the related suspension of the port’s cruise business.
Officials attribute this to fewer expenses and success in generating additional revenues. In 2020 income from operations, grants and investments totaled $29 million, ...
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Alpha Ori Technologies (AOT) has signed a strategic partnership agreement with the ship management division of Saudi Arabian national carrier Bahri. The deal includes the installation of AOT’s patented SMARTShip™ digital platform across a substantial part of the Bahri fleet.
AOT, the world’s leading provider of ...
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CMA CGM Group announced on February 8 the following Peak Season Surcharge update:
This PSS will apply as follows:
• Origin : From North Europe & the Mediterranean (excluding Spain & Turkey)
• Destination : To Australia
• Cargo ...
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