Freight News
DHL Express Germany marked the official start of construction for its new Munich Airport facility on July 27 with a groundbreaking ceremony. The buildingwill boast a gross floor area of over 11,000 square meters. This will make the facility almost seven times larger than the warehouse DHL Express currently rents at Munich Airport's cargo center. DHL Express will build and operate the new site on land leased from the airport ...
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DP World Ltd handled 20.2 million TEU across its global portfolio of container terminals in Q2 2022. Gross container volumes increased by 2.9% year-on-year on a reported basis and 3.5 % on a like-for-like basis.Volume growth in Q2 2022 was driven by terminals in Asia ...
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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, ...
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There’s so many uses for fresh lemons, especially in the dog days of summer. That’s why nothing could be more refreshing than the arrival of more than 3,500 tons of fresh lemons from Argentina at the Port of Philadelphia on July 22.The M/V Baltic Erica ...
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Guided by its 20-Year Strategic Master Plan, Galveston Wharves is planning and executing projects for long-term economic and jobs growth, pending final Wharves Board approval and acceptable financing. These involve two projects totaling about $50 million that will expand acreage and infrastructure at the Port ...
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Hawaii-based Pasha Hawaii, together with Texas-based Keppel AmFELS, announced the delivery of the MV George III, the first Liquefied Natural Gas (“LNG”) powered vessel to fuel on the West Coast and the first to serve Hawaii. The 774-foot LNG-fueled containership is the first of two ...
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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 ...
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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 ...
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DHL, a pioneer in the field of sustainable transport and logistics, has announced that it will support Coldplay’s efforts to reduce CO2 emissions by more than 50% during its Music of the Spheres concert tour.While every global music tour requires intensive preparation and complex logistics, ...
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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 ...
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