Feature
Trailer Bridge Inc. said it has been selected by the Naval Supply Systems Command for a five-year, multi-award, indefinite-delivery/indefinite-quantity contract for the U.S. military.
Trailer Bridge is one of 86 companies worldwide awarded the contract for the Worldwide Expeditionary Multiple Award Contract 2.0. WEXMAC 2.0 is valued at US$1.43 billion and spans from January 2025 to December 2029, with a five-year extension option.
Under its award, Trailer Bridge will support ...
[+]
The Ocean Alliance shipping network, or OA, has announced its 2025 project lineup, effective in April, which includes three additional services and heavy emphasis on transpacific services.OA member carrier OOCL released the alliance’s updated schedule, or “Day 9 products,” on Jan. 12. Other alliance members ...
[+]
Galveston Wharves Port Director and CEO Rodger Rees said the Gulf port needs an update to its 20-Year Strategic Master Plan, which was adopted in 2019.“The comprehensive plan has been our roadmap for major capital projects to grow our business while managing potential community impacts,” ...
[+]
Supply chain solutions provider DP World said it has earned International Air Transport Association certification in Brazil, enabling it to provide domestic and international air freight services.DP World said the certification enhances its ability to deliver secure, agile and efficient cargo transportation solutions throughout the ...
[+]
The Port of Houston Authority Commission highlighted 2024 results at its Dec. 10 meeting, including an update of the ship channel expansion, known as Project 11.
Segment 1B of the project saw dredging recently completed and final reviews of the work underway by the ...
[+]
The International Longshoremen’s Association, or ILA, and U.S. Maritime Alliance, or USMX, on Jan. 8 reached tentative agreement on all items for a new six-year master contract.Details of the new tentative agreement will not be released to allow ILA rank-and-file-members and USMX members to review ...
[+]
The uptrend in project cargo rates is likely to persist in 2025 due to limited vessel supply and high demand, according to Drewry’s Breakbulk Sea Transport Indices. Meanwhile, general cargo rates are likely to increase more moderately, influenced by regional trade patterns and increased competition ...
[+]
Biden Blocks US Steel-Nippon Steel Deal
President Joe Biden has stepped in to block the US$14.9 billion takeover of U.S. Steel by Nippon Steel of Japan, claiming the proposed sale posed a potential national security threat.Merely days before leaving the White House, Biden issued an executive ...
[+]
Multimodal transportation giant Schneider National Inc. in November entered into a definitive agreement to acquire Cowan Systems LLC and affiliated entities for a cash purchase price of about US$390 million, subject to certain adjustments.The sale includes separate agreements to purchase certain real estate assets relating ...
[+]
Mexican President Claudia Sheinbaum on Dec. 20 introduced measures to protect the Mexican textile and apparel industries while addressing compliance challenges under the country’s IMMEX program, according to a report from Sandler, Travis and Rosenberg PA.“These changes represent a significant shift in Mexico’s trade and ...
[+]
More »
