March 2020
The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia decreased by 0.1% to $1,483.46 per 40ft container this week (updated Thursday, 12 March 2020).
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Kerry Logistics Network Limited has moved its air freight division in the UK into a new facility close to London Heathrow Airport as it continues to grow its air freight volumes. The new office and warehouse in Feltham is located at the Skyport Heathrow site.
Operating 24/7, the facility provides a ...
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The Alabama State Port Authority announced that the largest bulk carrier to call the Port of Mobile loaded over 133,000 short tons (121,000 metric tons) of export metallurgical grade coal at its McDuffie Coal Terminal. The Newcastle Max class bulk carrier, MARAN COURAGE, measures 984.2 feet (300 meters) ...
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Ocean Network Express (ONE) announced on March 12 its upgraded participation on the Australia East Asia Service (AUE), also known as North East Asia – Australia Express (NEAX) service. Starting from April 2020, ONE will be operating a vessel on the AUE service, which is currently co-shared with joint-service ...
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Cargo volume declined at the Port of Long Beach in February due to fewer ship calls amid the overseas outbreak of the coronavirus and lingering effects of the trade dispute with China.
Terminal operators and dockworkers moved 538,428 twenty-foot equivalent units (TEUs) last month, down 9.8% compared to February 2019. Imports ...
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The Port of Los Angeles and Port Authority of Nagoya, Japan have signed a Memorandum of Understanding (MOU) to further cooperate and exchange information on projects focused on operational efficiency and environmental sustainability.
“International cooperation among ports is essential to assuring that our global supply chain and ports of entry ...
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The Port of Los Angeles moved 544,037 TEUs in February, a 22.9% decrease compared to last year.
“While cargo volumes are important, the coronavirus is first and foremost a public health crisis that needs to be brought under control with the collaboration of governments and medical experts from around the world,” ...
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Port of Oakland containerized export volume increased 15.4% last month over February 2019, according to data published today. It was the busiest February for export cargo in the past six years, the Port said. Oakland exports have now increased year-over-year in five consecutive months.
“It may be too soon ...
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Rick Cotton, Executive Director of the Port Authority of New York & New Jersey (PANYNJ) has tested positive for the Coronavirus.
PANYNJ oversees bridges, tunnels, airports, bus terminals and train stations in the New York Metro Area.
Mr. Cotton is currently asymmetric and in self quarantine at his home.
Given the amount of ...
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March 4 marked a remarkable milestone for Cargolux as the all-cargo carrier celebrates its 50th anniversary. Exactly half a century ago, Luxembourg’s national carrier Luxair, Iceland's national carrier Loftleiðir, the Swedish shipping company Salén and some private investors, founded Cargolux.
With a single aircraft and a handful of employees, these ...
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