Industry News
China Airlines renews contract with Fraport Cargo Services
2015-11-23
China Airlines renews contract with Fraport Cargo Services CHINA Airlines has renewed its cargo handling agreement with Fraport Cargo Services at Frankfurt Airport, Germany. This comes as the carrier plans to boost the frequency of its Germ
C H Robinson expands operations in Chicago with lease on new office and warehouse…
2015-11-23
C H Robinson expands operations in Chicago with lease on new office and warehouse MAJOR global logistics provider C H Robinson is expanding its business operations in Chicago by signing a seven-year lease for a 235,000-square-foot commercia
MacGregor appoints Hoye Hoyesen to lead new Advanced Offshore Solutions division
2015-11-23
MacGregor appoints Hoye Hoyesen to lead new Advanced Offshore Solutions division CARGOTECs subsidiary MacGregor, has set up a new Advanced Offshore Solutions division by almagamating its two Norway-based divisions and combining the strength
K + N's 'KN FreightNet' solution is now available for sea freight LCL bookings
2015-11-23
K + Ns KN FreightNet solution is now available for sea freight LCL bookings SWISS forwarder Kuehne + Nagel, which first introduced its digital KN FreightNet in 2014, has now expanded the solution to cover sea freight quotations and bookings
South Carolina Ports Authority box throughput rises 11pc from January-October
2015-11-23
South Carolina Ports Authority box throughput rises 11pc from January-October SOUTH Carolina Ports Authority (SCPA) has announced that its ports handled 164,734 TEU in October bringing to a total of 1,674,891 TEU that went through the facil
European migration crisis 'adding US$1bn to supply chain costs'
2015-11-23
European migration crisis adding US$1bn to supply chain costs THE latest BSI Supply Chain Security Risk Index noted that essential shipments of goods and medical supplies being delayed and destroyed as a result of the European migration cri
Citigroup downgrades Westports outlook despite record volume
2015-11-23
Citigroup downgrades Westports outlook despite record volume CITIGROUP has revised downward its net income estimate for Malaysias Westports Holdings in fiscal years 2015 to 2017 by 5 per cent to 6 per cent despite the terminal operator hand
Ship operating costs are forecast by Drewry to rise in 2016 & 2017
2015-11-23
Ship operating costs are forecast by Drewry to rise in 2016 2017 THE costs associated with operating cargo ships over the next two years are anticipated to rise, albeit modest, after declining this year amid a weak commodities market, accor
PSA Panama awards US$200m contracts for dredging works and building new quay wall…
2015-11-23
PSA Panama awards US$200m contracts for dredging works and building new quay wall PSA Panama International Terminal has awarded two contracts for a total of US$200 million for the dredging alongside the future berths to a depth of 16.3 mill
Panama Canal makes steady progress to remove backlog
2015-11-23
Panama Canal makes steady progress to remove backlog THE Panama Canal Authority (ACP) has announced that it has made steady progress with the number of steps taken to expedite traffic and decrease Canal Waters Time (CWT). The ACP said the s
