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Port Canaveral Celebrates Record Year

Port Canaveral showed revenue growth across all business sectors in its fiscal year 2024. and the South Atlantic port projects a strong outlook for the coming fiscal year.Canaveral Port Authority CEO Capt. John Murray, in his “State of the Port” address Nov. 20, said the port's total earned revenues came in at US$191 million with cruise operations contributing US$156 million, cargo US$23 million and non-ship operations at US$12 million."Port Canaveral ... [+]

Drewry Ports Throughput Index Improves

Drewry’s September Global Container Port Throughput Index improved 4.7 percent from the year-earlier quarter, though down 0.3 percent from August.The rolling 12-month average growth rate for global port handling remained at 5.5 percent, while global year-to-date growth to September was 6.5 percent, with all regions ... [+]

CMA CGM to Launch Weekly WCSA Service

French shipping line CMA CGM said it will launch a direct weekly service, Maya Service, dedicated to West Coast Central America and totally operated by CMA CGM.The service will operate with two dedicated ships operated by CMA CGM, the CMA CGM Surabaya and Magdalena Schulte.Maya ... [+]

BIMCO Adopts FuelEU Maritime Clause

            As the shipping industry faces an increase in decarbonization regulations from the EU and the International Maritime Organization, or IMO, BIMCO has added to its portfolio of carbon clauses with the FuelEU Maritime Clause for Time Charter Parties 2024.             Adopted by BIMCO’s Documentary Committee ... [+]

FIFA Taps Rock-It Cargo for World Cup Role

FIFA has selected critical logistics company Rock-it Cargo as the Official Logistics Provider of the FIFA World Cup 26, the tournament set to take place across 16 host cities in Canada, Mexico and the U.S., from June to 11 to July 19, 2026.Rock-it Cargo, a ... [+]

VW Opens Port Freeport Processing Center

Volkswagen Group of America in October opened a new vehicle processing center in Port Freeport in Texas, which represents a US$114 million in the Freeport area.The Freeport facility, built by KDC, spans more than 120 acres about 63 miles south of Houston along the Gulf ... [+]

LA, Long Beach Ports Keep Record Pace

The California ports of Long Beach and Los Angeles are in the midst of a record string for container volumes, both setting records for October volumes.             The Port of Long Beach moved nearly 1 million cargo containers in October, the strongest month ever, driven by ... [+]

Wind Components Blow Through Galveston

The Port of Galveston has seen wind turbine shipments picking up, with hundreds of imported blades and tower pieces bound for a US$5 billion SunZia wind farm being built in New Mexico.Through October, the port has imported 979 wind pieces totaling more than 32,000 tons, ... [+]

Senate Approves Credential Reform Bill

The American Trucking Associations welcomed the U.S. Senate’s unanimously passage of the Transportation Security Screening Modernization Act Nov. 21. It now awaits passage by the U.S. House.             ATA, which has lobbied heavily for the bipartisan bill, said the legislation would eliminate redundant fees and background ... [+]

Maersk Upgrades Forecast on Q3 Results

Danish shipping giant A.P. Moller - Maersk said higher freight rates coupled with increasing container volumes led to improved third quarter revenue and profit.Maersk reported growth across its businesses, primarily driven by Ocean, while both Terminals and Logistics and Services also contributed to improved earnings. ... [+]

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