Freight News
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 that connects southwest Oregon to international markets and enables cargo to travel directly via the Coos Bay Rail Line, or CBRL, to Midwest markets via ...
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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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Parcel service giant DHL said it will “moderately increase” prices for private customer parcels and small packages sent abroad, effective July 1.
DHL said it will adjust parcel prices for different country zones variably and more cost-oriented. In many zones and weight categories, parcel prices will ...
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GEODIS has opened an office in Guadalajara, Jalisco, to support the growth of the global logistics provider’s growing nearshoring freight forwarding business in Mexico.
The Guadalajara office, GEODIS’s second-largest operations center in Mexico, will become a shared services center, including key logistics operations for the entire ...
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Ocean logistics giant A.P. Moller - Maersk named the first vessel in a series of 17,480 TEU vessels equipped with dual-fuel methanol propulsion, at a ceremony June 18 at Hyundai Heavy Industries’ (HHI) yard in Ulsan, South Korea.
The Berlin Mærsk, is the 14th dual-fuel newbuild ...
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Trade moving through the Port of Long Beach declined 8.2 percent in May due to tariffs and retaliatory tariffs, but a temporary pause on those fees will likely trigger a cargo surge by late June.
Dockworkers and terminal operators processed 639,160 twenty-foot equivalent units, or TEUs ...
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The Port of Los Angeles blamed the impacts of tariffs on imports and exports, as its May volume fell 5 percent to 716,619 twenty-foot equivalent units, or TEUs, and ending 10 straight months of year-over-year growth in overall cargo volume.
“May marked our lowest monthly cargo ...
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U.S. Census Bureau data released June 17 showed continued growth in core retail sales – which exclude autos, gas and restaurants – in May despite a downturn in overall sales amid on-again, off-again tariffs on imported merchandise, said National Retail Federation Chief Economist Jack Kleinhen.
“Despite ...
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The New Orleans Public Belt Railroad, or NOPB, said it has strengthened its partnership with Freedom International Tank Services, a full-service, logistics provider headquartered in New Orleans.
Freedom Intermodal’s recent launch of its railcar cleaning services, as well as an expansion of transloading capacity and railcar ...
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