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LA breaks another container volumes record

The Port of Los Angeles moved 828,662 Twenty-Foot Equivalent Units (TEUs) in May, the busiest May in the Port’s 112-year history. The volumes reflect growth of 7.8 percent ...

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Tambo Springs box terminal project to begin

Transnet SOC Ltd and Southern Palace Joint Venture Consortium announced a historic public and private sector partnership for a twenty-year concession for the construction of ...

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Port of Hueneme leads Ventura County’s growth

The Port of Hueneme leads Ventura County’s economic growth with 15,834 total jobs in 2018, an increase from 13,633 in 2015. In their newest economic study, the Port shows s...

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Brightoil Collects USD 200 Mn through Ship Auctions

Hong Kong-based shipowner Brightoil Petroleum has raised around USD 200 million after selling a number of vessels through auctions in Hong Kong and Singapore.
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Performance Shipping Buying Its First Two Tankers

Greece-based shipping company Performance Shipping has decided to purchase two Aframax tankers for USD 60 million.
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Sharp decline in UK-EU truck traffic

Eurotunnel freight shuttle volumes in May were down 11%, due to Brexit-related ‘destocking’, following stock building in first three months of the year in preparation for the original UK departure...

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DHL tops global 3PL list again

Analysis highlights ‘extraordinary year’ for US logistics firms, boosted by inventory build-up prior to China tariffs, and Amazon becoming the world’s second-largest warehouse provider.

Pilbara Ports sees increased monthly throughput

Pilbara Ports Authority has delivered a total monthly throughput of 63.9 million tonnes (Mt) for the month of May 2019. This throughput was a 3% increase compared to the same...

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