Freight News
Though import cargo at major U.S. container ports were poised to rebound in July following a double-digit late spring plunge, a late summer swoon is expected once previously paused tariffs take effect Aug. 1, according to the National Retail Federation.
NRF’s Global Port Tracker, created with consultant Hackett Associates, projects June imports at 2.06 million twenty-foot-equivalent units, or TEUs, up 5.9 percent from May but down 3.7 percent from June 2024.
Retailers ...
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International Transportation Service broke ground July 11 on a US$365 million terminal expansion project at the Port of Long Beach, aimed at developing more space to stack cargo containers and maximizing efficiency.
The project will fill an unused slip in the middle of Pier G Terminal, ...
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At 2025’s halfway point, it’s still anyone’s guess as to the impact new tariffs and government upheaval will have on the U.S. economy, admitted National Retail Federation Chief Economist Jack Kleinhenz July 8.
“This year began with high expectations for the strength of the U.S. economy,” ...
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DHL Global Forwarding said Michael Young will assume the role CEO for the U.S. Aug. 1, replacing Robert Reiter, who will exit the company to move abroad and explore other professional opportunities.
Young, serving as CEO of DHL Global Forwarding UK & Ireland since 2016 and ...
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GEODIS said it has appointed Laura Ritchey as president and CEO of the global transport and logistics provider Americas region. She succeeds Mike Honious, who is retiring from the industry.
Ritchey will oversee the management and growth of the region’s multiple business units across North and ...
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FedEx Corp. said the International Air Transport Association, or IATA recognized the integrated giant’s Global Healthcare Quality Program with the CEIV Pharma Corporate Certification.
The corporate-level certificate for the company’s hubs and ramps validates FedEx’s quality management system and its ability to deliver end-to-end logistic services ...
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UK freight and logistics provider Davies Turner has signed a partnership agreement with Manitoulin Global Forwarding, or MGF, the Canadian transportation specialist.
Davies Turner said the collaboration significantly enhances its ocean freight capabilities for the Canadian market, including improved service coverage, faster transit times and increased ...
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The Oregon Legislature on June 30 approved a landmark US$100 million investment in the Pacific Coast Intermodal Port, or PCIP, a transformative public-private project that will create a container terminal in the Port of Coos Bay.
The PCIP project will establish a modern, ship-to-rail container terminal ...
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Global ship recycling could double to 16,000 ships, totaling more than 700 million deadweight tonnes over the next 10 years, said Niels Rasmussen, chief shipping analyst at BIMCO.
The Danish international shipping association for shipowners updated its estimate following the entry into force of the Hong ...
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Ocean Network Express held a naming ceremony for the ONE Singapore, the sixth vessel in a series of 20 ammonia/methanol ready container vessels at the Hiroshima Shipyard of Imabari Shipbuilding Co. Ltd. in Japan.
The 13,900 TEU Singapore-flagged vessel, which is methanol and ammonia-ready, follows the ...
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