Freight News
Descartes Systems Group, the Canadian software-as-a-service solutions provider, report strong results for its fiscal third quarter ended Oct. 31, as it assimilates two acquisitions from the previous quarter.Revenue for the quarter ended Oct. 31, was US$168.8 million, up 3 percent from the third quarter of fiscal year 2024, as income from operations jumped 41 percent to US$45.8 million.“Our business has grown organically while we've added complementary solutions to our Global ...
[+]
CMA CGM, the French ocean shipping giant, said it will implement a Panama Canal transit surcharge from the Far East to U.S. East Coast and U.S. Gulf, effective Jan. 2.The Panama Canal Authority with the new year introduced a new booking reservation system, the Long-Term ...
[+]
CSX: A Terminal Network Transformed
US railroad CSX is leading a revolution in terminal efficiency. Using its operation at Fairburn, Georgia as a template, it is transforming the efficiency of intermodal operations throughout its 20,000-mile network. It’s as much about changing ways of working as introducing ...
[+]
President-elect Donald Trump said one of his first executive order when he takes office Jan. 20 will charge neighbors Mexico and Canada 25 percent tariffs on all products coming into the United States.Separately, Trump said he would also impose a 10 percent tariff on all ...
[+]
Port Houston handled 3.43 million 20-foot equivalent units, or TEUs, through October of this year a 7 percent improvement from last year, despite a double-digit dip in monthly volume.The Gulf port handled 309,623 TEUs in October, down 15 percent, though volumes are expected to be ...
[+]
The U.S. Department of Transportation’s Maritime Administration, or MARAD, has awarded Port Houston one of 11 large Port Infrastructure Development Program grants for projects aimed at enhancing the safety, reliability, and resiliency of ports.“This important project will improve the efficiency and competitiveness of United States ...
[+]
Port Canaveral showed revenue growth across all business sectors in its fiscal year 2024. and the South Atlantic port projects a strong outlook for the coming fiscal year.Canaveral Port Authority CEO Capt. John Murray, in his “State of the Port” address Nov. 20, said the ...
[+]
Drewry’s September Global Container Port Throughput Index improved 4.7 percent from the year-earlier quarter, though down 0.3 percent from August.The rolling 12-month average growth rate for global port handling remained at 5.5 percent, while global year-to-date growth to September was 6.5 percent, with all regions ...
[+]
French shipping line CMA CGM said it will launch a direct weekly service, Maya Service, dedicated to West Coast Central America and totally operated by CMA CGM.The service will operate with two dedicated ships operated by CMA CGM, the CMA CGM Surabaya and Magdalena Schulte.Maya ...
[+]
Guenther Siemens, who has been with BBC Chartering in varying positions for more than 25 years, takes over the role of the managing director of Briese Chartering Jan. 1.Siemens, formerly chief operations officer at BBC Chartering, succeeds Ilona Lazareva, who stepping down from the position ...
[+]
« Back
More »
