International Trade News

An 11-year high tide combined with beach erosion to shut down South America’s busiest port and cast doubt on plans to dredge deeper so the port can handle larger ships.


Jawaharlal Nehru Port Trust's new funding will be used to fund road upgrades that will help address truck bottlenecks that can weigh on productivity at India's leading port.
JNPT is the first major, or public, port to take advantage of a new policy under the Sagar Mala infrastructure development program.

Traffic at the Port of Qingdao, pictured, grew nearly 6 percent in July as manufacturing indices sent mixed messages on the state of the Chinese economy.
Container throughput at China’s main ports rebounded in July after a poor first half of the year.

Ongoing infrastructure development in Africa will get a boost from the combined efforts of Pacific International Lines, China Merchant Port Holdings and China Machinery Engineering Corporation.
Pacific International Lines has signed a memorandum of understanding with China’s largest public port operator and a mainland construction giant to develop new markets.

Few shippers see prices going up substantially this year, and some say the rates won’t change until at least April, when the new carrier alliances take effect.
The dramatic descent of spot prices to five-year lows in both directions on the trans-Atlantic shipping route has sparked questions about how low the price can go, and if the once sleepy, stable route has changed.

The additional Hong Kong warehousing capacity from Seko is aimed at shippers jostling for a piece of the largest e-commerce market on the planet.
Surging e-commerce demand and spending in Asia has logistics companies looking to the future.

IHS economist: the volume of containerized U.S. imports will grow at a slower pace than expected in 2016.

The Port of Albany, pictured, will combine the federal Transportation Investment Generating Economic Recovery grant with previously committed port and state funding.
The Port of Albany, New York, will use a federal grant to fund a range of improvements.

This year's round of TIGER grants has shippers and the transportation sector feeling neglected.
U.S. freight projects this year received their lowest share ever from the TIGER federal grant program.

Port touts its proximity to distribution centers along Florida's I-4 corridor.