South Carolina state officials say a dispute with the two major Eastern railroads won’t threaten the 2019 opening of an intermodal terminal at the Port of Charleston, but the railroads say that hinges on a design change.
DP World is partnering with Canada’s second-biggest public pension to create a $3.76 billion platform aimed at investing in container terminals.
Draft rules to sharply curb outbound direct investment would impact investment in overseas port and logistics assets under the country’s Belt and Road program.
Eastbound trans-Pacific spot rates are sliding on the wind down of the peak season.
Authorities at Jawaharlal Nehru Port Trust have been working harder than ever in the past few months to speed cargo flows and address shipper concerns, but that effort has yet to spur a major increase in volumes.
A stronger-than-expected third quarter for the US economy bolstered trucking employment, but trucking hiring is still knocking against a ceiling.
Container shipping lines are “playing poker” with ports as their push for lower handling charges puts future terminal investments at risk, Drewry Shipping Consultants said.
Maersk Line thinks Brazil’s shipping industry is in store for some Christmas cheer.
Spot rates on the Asia-Europe trade have taken a sharp turn upwards, rising by 20 percent over the previous week.
Union names successor to retired Judge Milton Mollen.