Freight News
The Port of Palm Beach has signed a new lease agreement with Thalle Construction Co. and SAB Solutions that will increase inbound shipments and diversify the port’s cargo profile.
Effective August 1, the companies will lease two acres along the port’s southwest perimeter to support the import of granite aggregate. The material will arrive via ship from Canada.
An estimated 300,000 tons of granite will be imported annually, totaling over 3 million ...
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Georgia Ports broke ground in July on a new PermaCold Logistics 216,000 square-foot cold storage facility near Brunswick, adding 30,000 pallet positions.
The building is being developed by Ti Cold and Karis Cold for PermaCold Logistics at Tidewater Industrial Park in Darien, Ga. Located five minutes ...
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British International Freight Association Director General Steve Parker, while echoing BIFA’s support for Heathrow Airport’s long overdue expansion, has called for the UK government to get on with it.
"Over the past decades, successive UK governments have shown a singular lack of vision in the face ...
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The World Trade Center New Orleans has named Gregory Rusovich, CEO of Transoceanic Development, as the recipient of the 2025 C. Alvin Bertel Award.
Joining Transoceanic Shipping Co. in 1981, he implemented the company’s global strategy, launching 25 international offices with a primary focus on the ...
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President Trump on July 30 issued an executive order suspending commercial de minimis entries from all countries as of Aug. 29.
Trump said he is taking this action under the International Emergency Economic Powers Act, or IEEPA, to prevent evasion of the “reciprocal” tariffs he imposed ...
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Market average spot rates from the Far East to U.S. West Coast increased 10 percent by mid-month but steadily declined to US$2,264 per 40-foot equivalent units (or FEUs), said Xeneta, the freight rate benchmarking and market analytics platform.
Average spot rates from Far East to U.S. ...
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The International Cargo Handling Coordination Association, or ICHCA, has conducted an analysis of nearly 500 incidents involving shore workers over the last 25 years, with its findings on the ICHCA Severe Risks Dashboard.
Key findings include:
• An almost equal split between on-vessel and onshore risk to ...
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ITS Logistics, the asset-based North American third-party logistics provider, said its second quarter U.S. Distribution and Fulfillment Index, powered by Cresa, sees a tightening of warehouse space in the second half of the year.
Calling it “market recalibrating,” ITS Logistics said that tariff-driven front-loading continues to ...
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Drewry's World Container Index, or WCI, declined 1 percent to US$2,499 per 40-foot container the week of July 31, and continued to stabilize after a volatile period.
The unpredictability began, Drewry said, after U.S. tariffs were announced in April, which caused rates to surge from May ...
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C.H. Robinson reported a better-than-expected second quarter net income of US$152.5 million, exceeding analyst consensus estimates.
Adjusted income from operations increased to US$220 million on US$4.1 billion in revenue. Adjusted gross profit was US$693 million.
“I’m proud of our team for embracing our new operating model and ...
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