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Total intermodal volumes advanced 6.2% year-over-year in the second quarter of 2018, after posting 7.2% growth in the first quarter, according to the Intermodal Association of North America’s Intermodal Market Trends & Statistics report. International intermodal volumes increased 4.8%, domestic containers 6.1%, and trailers led overall growth at 18.1%.
“Continued intermodal volume growth was driven by the domestic market during the second quarter. Higher fuel prices, tight over-the-road capacity and a ...
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The Port of Los Angeles processed 723,141 TEUs in June, nearly on par – a dip of 1.1% – with last June. It is the second fiscal year period the port has surpassed the 9.1 million TEU mark, marking 24 months of record-breaking cargo movement.
“We ...
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The port of Rotterdam achieved throughput of 232.8 million tonnes in the first six months of 2018. That is 2.2% less than in the first six months of 2017. Container throughput, one of the strategic priorities of the Port Authority, rose by 5.9% (in tonnes, ...
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CMA CGM has acquired from China Shipping Ports Development Co. Limited a 10% equity interest in CSP Zeebrugge Terminal NV through its wholly-owned subsidiary CMA Terminals.
CMA CGM is currently the major client of CSP Zeebrugge and accounted for one third of the total throughput of ...
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The U.S. Department of Transportation’s Maritime Administration (MARAD) recently awarded more than $20 million in grants to support capital improvements at 29 U.S. small shipyards as a part of its Small Shipyard Grant program. MARAD’s Small Shipyard grant funding supports capital improvements that foster increased ...
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The heavy-load vessel Happy Buccaneer has arrived at Norfolk International Terminals (NIT) with the first group of six rail-mounted gantry cranes (RMGs) that are the centerpieces of the $375 million capacity expansion project underway at that terminal.
The Happy Buccaneer’s arrival signaled the start of ...
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The Georgia Ports Authority (GPA) handled a record 4.2 million TEUs in Fiscal Year 2018 (July '17 - June '18), for an 8.4% increase year-over-year, or 325,000 additional units.
"Moving more than 4 million TEUs in a single fiscal year is an important milestone for Georgia," said GPA ...
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The Port of Los Angeles processed 723,141 TEUs in June, nearly on par – a dip of 1.1% – with last June. It is the second fiscal year period the port has surpassed the 9.1 million TEU mark, marking 24 months of record-breaking cargo movement.
"We ...
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Hindustan Infralog Private Limited (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announced on July 18 that the transaction to acquire 90% stake in Continental Warehousing Corporation (Nhava Seva) Ltd in India has now closed.
CWCNSL’s founders, the ...
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The Port of Corpus Christi had a record-breaking first half of the year moving 52.2 million tons of products between January 1 and June 30, 2018. This number exceeds the tonnage moved in the first half of 2017 by 926,000 tons – an overall two ...
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