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Second-Best June Ever at Port of Long Beach

The Port of Long Beach moved enough containers in June to make it the second-best June ever, wrapping up a quarter when cargo volume rose by more than 8%. TEUs climbed 9.2% in June compared to the same month last year, to 658,727 TEUs. During the year’s second quarter — April through June — volumes increased 8.3%, to almost 1.9 million TEUs. “Our customers know we work hard to efficiently deliver ... [+]

Newest Terminal on St. Lawrence River to be Operated by Somavrac

The Trois-Rivières Port Authority (TRPA) and Groupe Somavrac have announced the signing of a long-term agreement to operate Terminal 13 at the Port of Trois-Rivières. This terminal, with a surface area of 23,000 m2, as well as Pier 13, was restored in 2016 and has ... [+]

Maersk Advisory Update

Maersk, which was hit by a cyber attack on June 27 reports that the company is steadily getting closer to business as normal. That attack, caused by Petya Ramsomware, affected all business units at Maersk, including container shipping, port and tug boat operations, oil and gas ... [+]

Cosco-OOCL merger to create world’s third largest shipping line

China’s Cosco Shipping confirmed market talk on 9 July when it announced that it was buying a nine-tenths share of Hong Kong-based Orient Overseas International, parent company of OOCL, with Shanghai International Port Group (SIPG) taking the remaining 10%. The deal is subject to regulatory ... [+]

NC Ports Set for Unprecedented Growth with New Services

The inaugural port call of the ZIM Shanghai on June 18 marked the fourth new container service activated at the Port of Wilmington in the last two months.  North Carolina Ports has doubled its container services in calendar year 2017 and is set for unprecedented ... [+]

Generator worth $2 million moves through JAXPORT

Highly trained stevedores at JAXPORT recently moved a 108,000-pound generator bound for a manufacturing plant in the Midwest through the port’s Talleyrand Marine Terminal. The machinery, which is worth more than $2 million, was made in Germany and shipped from Belgium to JAXPORT in a wooden ... [+]

GCT announces new President & CEO

Doron Grosman has been appointed as the new president and CEO of GCT Global Container Terminals Inc., effective immediately. Doron replaces Stephen Edwards, who served in the position since 2012. Doron is widely known for his ability to drive company performance through the acceleration of revenue ... [+]

American Fast Freight Acquires Grand Worldwide Logistics

American Fast Freight, Inc., the largest U.S. domestic ocean freight forwarder specializing in less-than-container-load freight shipments, announced that it has acquired Grand Worldwide Logistics (GWW). Headquartered in Chicago, IL, GWW is a leading warehouse and third-party logistics company serving the beverage/spirits, food and paper industries, ... [+]

CMA CGM, Seatrade Launch Unique Cooperation

The CMA CGM Group and SEATRADE Group, No. 1 in Specialized Reefer Transport, are pleased to announce their collaboration on the creation of a new vessel sharing agreement incorporating the services known by CMA CGM as PAD and by Seatrade as MERIDIAN. This unique service ... [+]

Port of Oakland sets volume record

The Port of Oakland handled record import volume in June. That volume totaled the equivalent of 80,253 TEU, up 2% from the previous record of 78,326 TEU set in June 2006. Import volume in June was up 5.1% over year-ago levels and was a good ... [+]

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