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Zim Records Highest Quarterly Profits Ever

Israeli carrier Zim recorded its highest quarterly profits in Q3 net profit of $144.4 million, a whopping 2,818% increase over the $5 million it recorded in the third quarter of 2019. Adjusted ebitda of $262.1 million in the third quarter was also a record, and compares with $106.8 million in Q3 19, representing an increase of 145.4% Total revenues for the period were $1.013 billion, its highest level for eight years and ... [+]

Port of Hueneme Secures Cold-Treatment Finishing On-Dock

Known as the Banana Port of the West Coast, the Port of Hueneme can now add another title to their brand: the Peruvian blueberry pilot Port. Being the specialized reefer port of the U.S. West Coast, Hueneme has been able to receive completed cold-treated produce ... [+]

Port of Brownsville FTZ Ranks No. 2 in US for Value of Exports

For the eight year in a row, Foreign Trade Zone No. 62 (FTZ) at the Port of Brownsville remains near the top in the nation for the value of exports, according to the U.S. Foreign-Trade Zones (FTZ) Board’s annual report to Congress released on ... [+]

CMA CGM launches ACT with CMA CGM+

The CMA CGM Group is launching ACT with CMA CGM+, an array of solutions, helping its customers lighten their environmental footprint and make their cargo carbon neutral. Available throughout all the Group’s shipping subsidiaries, this new offering consists of four services, enabling its customers to ... [+]

Memphis, Savannah on parallel tracks

Georgia Ports Authority Chief Commercial Officer Cliff Pyron recently briefed the Memphis World Trade Club on Savannah’s expanding rail service to Memphis. At that event, he explained how the Port of Savannah’s Mason Mega Rail Terminal will be the largest on-dock intermodal rail facility for ... [+]

Port Milwaukee, Michels Corp. Sign Agreement for Grand Trunk Lease

Port Milwaukee and Michels Corporation have formally signed a lease agreement for nearly 17.5 acres at the Port’s Grand Trunk site along the Kinnickinnic River. The agreement has an initial term of twenty years, and, with extensions, could continue for a total of 99 years. The ... [+]

World’s Largest Low-Profile Ship-to-Shore Cranes Arrive at Port Everglades

https://youtu.be/Ztanm6vi4K8 [+]

America’s Largest Cranes Arrive at The Port of Virginia

The Port of Virginia recently welcomed a pair of massive container cranes to Norfolk International Terminals (NIT), the final pieces of equipment needed to complete the $450 million, two a-half-year-long renovation of the terminal’s South Berth. “It’s a landmark moment for The Port of ... [+]

JAXPORT appoints security leader

The Jacksonville Port Authority (JAXPORT) announced that retired United States Coast Guard (USCG) Captain Dwight Collins has joined the port as Director of Public Safety and Security. Captain Collins directs all law enforcement, physical security, safety, and emergency management and preparedness services in support of more ... [+]

North Carolina Ports Announces Next Chief Operating Officer

The North Carolina State Ports Authority has announced the arrival of industry veteran Doug Vogt as its next Chief Operating Officer. At North Carolina Ports, Vogt will apply his extensive experience to further improve the operational excellence at the Port of Wilmington, Port of Morehead City and Charlotte Inland Port. ... [+]

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