United Arab Emirates

United Arab Emirates

12 May 2015
U.S. shipment volumes and spending rose in April from March, but were down year-over-year, thanks to tough comparisons with a booming economy in 2014, Cass Information Systems said. The freight payment provider expects more growth ahead.
11 May 2015
Strong gains in chemical manufacturing make chemicals hauler Quality Distribution an attractive acquisition target for a private equity firm such as Apax Partners. Expect Apax to help fuel Quality's expansion through additional acquisitions.
01 May 2015
Vessel operators are being warned against transit in the Strait of Hormuz, three days after a Maersk Line cargo ship was fired upon and seized by the Iranian Revolutionary Guard.
30 Apr 2015
The U.S. is amping up security measures in the Strait of Hormuz three days after a cargo ship under U.S.
30 Apr 2015
Gulftainer said it handled 19,561 20-foot-equivalent units of containers in 54.4 hours on a single call at its Khorfakkan Container Terminal in at Sharjah, United Arab Emirates.
28 Apr 2015
Just two hours before they were set to call the port at Jebel Ali in the United Arab Emirates, the crew of the Maersk Tigris likely had little or no idea that the container ship would become international news while heightening tension in the Middle East.
26 Mar 2015
Gulftainer’s goal to triple volume over the decade through aggressive investment came a step closer in 2014 after the terminal operator increased handling 8 percent year-over-year.
02 Mar 2015
Spot rates on the Asia to the Middle East and South Asia are being undermined as carriers on the trades struggle to maintain load factors to support freight rate increases, according to Drewry Container Insight.
24 Feb 2015
Trade between China and Iran has been growing at almost 40 percent a year since 2012, driven by rapidly rising consumer demand, according to a Seabury Group study.
10 Feb 2015
Annual throughput at Khalifa Port Container Terminal (KPCT) soared past 1 million TEUs in 2014 as an expanded international network helped the Abu Dhabi Ports facility grow its volumes by more than 26 percent over the previous year.
05 Jan 2015
Kerry Logistics Network’s acquisition drive has continued into the new year, as the company added majority stakes in two Canadian forwarding companies barely a week after acquiring a Dubai-based logistics operator.