Sea
At its midway point in is financial year, shipping line Hapag-Lloyd saw significantly increased transport in a volatile shipping market characterized by chaotic implementation of tariffs.
Germany-based Hapag-Lloyd concluded its first half with group EBITDA of US$1.9 billion, up 11.3 percent from the first half of 2024.
The frequent changes in trade policies of U.S. and its trade partners – or adversaries – led to volatile demand and freight rates. In addition, ...
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The Oregon Port of Coos Bay has executed two major federal grant agreements with the U.S. Department of Transportation, a pivotal milestone for the Pacific Coast Intermodal Port, or PCIP, and reinforcing the growing momentum behind the region's significant infrastructure efforts.
The executed grants – awarded ...
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Thomas Bek, a 29-year veteran of Blue Water, is succeeding CEO Søren Nørgaard Thomsen, who is leaving the transport and logistics group after seven years.
There has been significant development at the Danish transport and logistics group since 2018, when Thomsen took over as CEO, Blue ...
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U.S. seaborne grain shipments improved 9 percent in the first half of 2025, despite retaliatory tariffs that caused U.S. grain exports to China to plummet 57 percent in the same period, said BIMCO, the Danish shipping association.
The first half result was driven by stronger maize ...
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The Georgia Ports Authority’s fiscal year 2025 was its second-busiest year on record, with container volume reaching 5.7 million twenty-foot-equivalent units, an 8.6 percent increase, or 400,000 TEUs compared to fiscal year 2024.
The growth shows continuing strength in Georgia’s logistics trajectory. The ports’ busiest year ...
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Hanseatic Global Terminals said it has launched Hanseatic Global Terminals Latin America, the brand’s first-ever regional expansion and a significant step in the company’s mission to strengthen its global terminal network and enhance service offerings worldwide.
With this launch, the Hapag-Lloyd subsidiary, founded in 2024, has ...
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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 ...
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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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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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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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