Business
The Texas Port of Brownsville said it has secured a low-interest US$43 million loan from the Texas Department of Transportation, or TXDOT, for its Brazos Island Harbor Channel Improvement (BIH) project.The Ship Channel Improvement Revolving Fund, or SCIRF, loan provides the Port or Brownsville’s share of qualified costs necessary to deepen the BIH harbor deepening project.The Texas Transportation Commission approved US$400 million in SCIRF loans for two projects near Beaumont ...
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The U.S. Department of Commerce, in collaboration with the Council on Foreign Relations, or CFR, hosted its inaugural Supply Chain Summit on Sept. 10, bringing together leaders from government, industry, academia, and communities.The summit was intended to highlight efforts by the U.S. government and industry ...
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Wallenius Wilhelmsen said four of the dozen Shaper-class vessels on order with Jinling Shipyard (Jiangsu) will be increased in size from 9,300 car equivalent units to about 11,700 CEUs – the largest pure car truck carriers to ever to sail and are intended to reduce ...
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Spliethoff said it has placed an order with Wuhu Shipyard Co. Ltd. in China for the construction of a new series of eight multipurpose vessels with an option for two additional vessels. This new series will be delivered starting the first quarter of 2028.The L-type ...
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SANY America, the U.S. subsidiary of a leading global heavy equipment manufacturer, has launched operations at a near-port warehouse and distribution facility, two miles from the Port of Wilmington.The Industrial Realty Group facility provides SANY America with the capabilities and infrastructure, including cranes and internal, ...
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The Montreal Port Authority, or MPA, is feeling the impacts of a partial strike by Longshoremen’s Union CUPE Local 375 workers at the Port of Montreal’s Viau and Maisonneuve terminals the morning of Sept. 30.MPA said the work stoppage effectively closed the two terminals and ...
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To improve efficiency and competition, Upper and Lower Mississippi River ports have signed their first Cooperation Endeavor Agreement at the National Waterways Conference’s annual meeting in September.This historic partnership could lead to significant advancements in cooperation efforts toward business development, infrastructure investment, and federal support ...
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Belgium-based Aertssen Logistics has established a U.S. footprint with an international logistics site near the Port of Savannah.The equipment processing center in Rincon, Georgia, 14 miles from the Port of Savannah’s Garden City Terminal, will serve the machinery, agriculture, equipment and construction sectors moving cargo ...
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A Deutsche Bahn AG labor union will try to block the agreed €14.3 billion (US$16 billion) sale of subsidiary DB Schenker to Danish freight firm DSV A/S, BNN Bloomberg reported.Staff representatives of the EVG union plan to vote against the deal at a crucial supervisory ...
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Breadbox Shipping is pursuing fleet renewal and has entered a new building program, Joris Jan Bakker, CEO and owner, said in a LinkedIn post.Some of the vessels owned or on long-term time charter by the group were approaching the end of their lifespan, prompting this ...
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