February 2025
DP World’s ports and terminals handled a record 88.3 million twenty-foot equivalent units, or TEUs, in 2024, up 8.3 percent year-on-year despite macroeconomic headwinds and concerns over the outlook for global trade.The Middle East logistics giant, whose global logistics business has capacity to handle more than 100 million TEU across operations in 78 countries, benefitted from long-term infrastructure investment contributing to strong growth and new services calling at its terminals.While ...
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Companies in states that backed President Donald Trump's election could pay twice as much for new steel and aluminum tariffs, according to Trade Partnership Worldwide’s state tariff database.Based on 2024 data, new tariffs could add US$11.4 billion in extra import taxes, with US$7.6 billion (67 percent) of that on imports ...
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SC Ports proudly welcomed the OOCL Iris to the Wando Welch Terminal on Feb. 18. At 16,8282 TEUs, vessel is the largest to ever call Port of Charleston.The record was previously held by CMA CGM’s Marco Polo, which first called on Wando Welch in May 2021 and has a capacity ...
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Freight forwarder Yusen Logistics Co. Ltd. said it has reached an agreement for sustainable shipping solutions through liner shipper Ocean Network Express’ ONE LEAF+ green shipping service.Under this agreement, ONE will use sustainable biofuels for propulsion, achieving up to 84 percent reduction in well-to-wake CO2 emissions compared to very low ...
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Global iron ore shipments fell 7 percent year over year, during the first seven weeks of 2025, amid supply disruptions and weak Chinese import demand, international shipping association BIMCO said.Australian cargoes have fared the worst, down 10 percent year over year, while shipments from Brazil weakened percent. Comparatively stronger Brazilian ...
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DP World, the Middle East-based logistics and supply chain solutions giant, has commenced its berth expansion at the Port of Posorja in Guayaquil, Ecuador.The project will significantly increase DP World’s terminal capacity at the deepwater port, consolidating Posorja’s role as a strategic gateway for international trade and driving Ecuador’s economic ...
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News of a possible “reset” in the EU-UK Trade and Cooperation Agreement, due for review in 2026, could raise unrealistic expectations, the British International Freight Association said Feb. 19.Calling “the use of ‘reset’ is regrettable,” BIFA said preparatory work will be undertaken this year in advance of the 2026 review.“There ...
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AAL Shipping kicked off a year of events observing its 30th anniversary in the multipurpose, project and heavy-lift industries by hosting an evening rooftop reception gathering industry with partners and stakeholders during Breakbulk Middle East in Dubai, Feb. 10-11.Since its establishment in 1995, AAL has expanded its operations to encompass ...
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Trailer Bridge Inc. said it is partnering with freight intelligence company GenLogs to support the transport provider’s growing logistics division.The collaboration leverages GenLogs’ nationwide network of sensors, commercial and open-source datasets to source capacity, identify shippers, and combat fraud in the trucking industry.“We are excited to add this new technology ...
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Nearly half of shippers see shifting tariffs and trade policies as the top risks to supply chains in 2025, according to a survey from global logistics provider C.H. Robinson.Survey results also show shippers are actively preparing for changes in tariffs and trade policy, including analyzing their existing customs data, identifying ...
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