Freight News
Port Houston handled 3.43 million 20-foot equivalent units, or TEUs, through October of this year a 7 percent improvement from last year, despite a double-digit dip in monthly volume.The Gulf port handled 309,623 TEUs in October, down 15 percent, though volumes are expected to be solid through the end of the year. Citing “early market reports,” Port Houston expects cargo to surge in November and into the new year, as ...
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The U.S. Department of Transportation’s Maritime Administration, or MARAD, has awarded Port Houston one of 11 large Port Infrastructure Development Program grants for projects aimed at enhancing the safety, reliability, and resiliency of ports.“This important project will improve the efficiency and competitiveness of United States ...
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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 ...
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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 ...
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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 ...
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Guenther Siemens, who has been with BBC Chartering in varying positions for more than 25 years, takes over the role of the managing director of Briese Chartering Jan. 1.Siemens, formerly chief operations officer at BBC Chartering, succeeds Ilona Lazareva, who stepping down from the position ...
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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 ...
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UBSL, who for years has operated liner service from the Mediterranean and Black Sea to West Africa, has expanded into servicing the Caribbean and the East Coast of South America.UBSL Caribbean Line is a joint venture between BOCS Bremen and Universal Africa Lines. UBSL Caribbean ...
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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 ...
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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 ...
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