Fesco’s revenue and earnings are still in freefall as Russia’s leading ocean and intermodal rail container operator struggles with a flatlining domestic economy.
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APM Terminals has ordered more than 40 pieces of equipment for its second transshipment terminal under construction at the Tanger-Med port complex in Morocco.
Rotterdam announced a dip in its container traffic in the first nine months of 2016, just days after its top rival Antwerp booked an increase to further close the gap with Europe’s top box hub.
Antwerp’s container volume grew in the first nine months of 2016, keeping the Belgian port on course to post another record year and cement its position as Europe’s second-largest container hub.
Seatrade's order underscores the strength of the reefer market.
CMA CGM has signed a memorandum of understanding to promote liquefied natural gas as the marine fuel of the future.
Container shipping is set for a gradual recovery after hitting bottom with the collapse of Hanjin Shipping, but the road ahead is anything but smooth.
The US delivery company will spend 200 million euros to expand its sorting facility at Charles de Gaulle airport and 1.2 billion euros on a 30-year lease.
The Swiss logistics and forwarding giant expressed confidence in the fourth quarter.
The group has disposed of its entire 34.2 percent stake.
Hyperloop One is a US start-up developing technology to transport cargo in tubes at up to 700 miles an hour.
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