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Though the Georgia Ports Authority benefitted greatly from roll-on, roll-off cargoes diverted from the Port of Baltimore following the closure of that shipping channel, the Port of Brunswick is on pace to handle more than 860,000 ro-ro units at Colonel’s Island Terminal in fiscal year ended June 30.The Port of Brunswick handled a record 86,577 units of roll-on, roll-off cargo in May, an increase of more than 18,000 units or ...
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Port Freeport in Texas has reached a five-year lease agreement with Chiquita Fresh North America, with an option for an additional five years, which the port said marks “a milestone in their ongoing partnership.”"We are extremely excited about the continued partnership with Chiquita," said Phyllis ...
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Project industry veteran Dominik Stehle will leave United Heavy Lift at the end of the third quarter and will take the same title, chief commercial officer, at deugro.Stehle returns to deugro, where he worked for nearly a decade as executive vice president and member of ...
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South Carolina Ports makes an US$87 billion economic impact in South Carolina each year, and more than half of that economic benefit occurs in the Upstate in the state’s northwest corner, the port authority said.A recent study by research economist and University of South Carolina ...
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Shipping line Hapag-Lloyd said it will begin to apply a booking cancellation fee, or BCF, for North American exports, starting July 1.The carrier will charge a US$25 fee per container if customers cancel, reduce or roll bookings three calendar days or less prior to the ...
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Galveston Wharves said is spending more than US$90 million to update decaying or underused infrastructure and to maximize undeveloped acreage to grow its cargo business, as part of its 20-year strategic master plan.“We’re on the cusp of a new era of cargo growth for Galveston,” ...
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SMART port technologies that facilitate ‘just in time’ ship arrivals could significantly reduce greenhouse and pollutant gas emissions at global container ports, Drewry said in its latest quarterly Ports and Terminals Insight report.
Investing in such technologies at ports with a disproportionate amount of waiting ...
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Monthly inbound cargo volume at the nation's major container ports should consistently be above 2 million 20-foot equivalent units, or TEUs, through this summer and into early fall, according to the Global Port Tracker report from the National Retail Federation and Hackett Associates."We haven't seen ...
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A.P. Moller – Maersk, or APMM, reported that its first quarter 2024 topline fell 13 percent year-over-year to US$12.4 billion, and EBIT slumped 92.4 percent to US$177 million.However, EBIT re-entered the positive territory (from an EBIT loss of US$537 million in the further quarter of ...
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Swiss logistics and freight forwarding provider Kuehne+Nagel’s first quarter earnings declined from the same period in 2023, though the company’s sea and air logistics showed slight improvement.First quarter net turnover was down 18 percent to US$6.06 billion, with an EBIT of US$414 million and earnings ...
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