DP World expects its modest growth in the first half of the year to speed up.
United Arab Emirates
29 May 2015
Etihad Airways’ cargo revenue topped $1 billion for the first time in 2014 as freight traffic grew four times faster than the global market to reach an all-time high.
27 May 2015
Gulf states in the Middle East are expanding capacity and investing billions of dollars in their ports to accommodate booming traffic in the Asia-Europe trade lane.
25 May 2015
Container shipping lines are enjoying strong westbound traffic growth to South Asia and the Middle East, giving carriers a ray of hope at a time when the shared trunk services from Asia to Europe are struggling, Drewry reported.
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.