Mississippi River Ship Channel deepening to 50 feet begins
The U.S. Army Corps of Engineers (USACE) officially kicked off the historic deepening of the Mississippi River Ship Channel to 50 feet tonight (September 11,…
Swollen diesel stockpiles threaten oil price recovery
The oil market has a diesel problem and it’s not letting up.
US Army Corps of Engineers awards first contact for the Freeport Harbor Channel Improvement Project
The Port Freeport Commission has announced that on September 14th, the U.S. Army Corps of Engineers (USACE) awarded a $15.4 million dollar contract to Great…
CenterPoint continues momentum in Seattle with distribution facility acquisition
CenterPoint Properties is pleased to announce it has acquired a distribution facility at 19826 Russell Road in Kent, WA. The asset is located in the…
OOCL Asia-Europe trade – service update in October
In response to the expected low demand after China National Day holiday in the market, OOCL will be withdrawing the following Asia-Europe sailings:
Five global cargo handling groups collaborate on container safety
Five international freight transport and cargo handling organizations are collaborating on the production of new guidance on packing standards for freight containers and other cargo…
COSCO MALAYSIA rescues four from sailboat off Tampa Port, FL
On September 13th, the Captain and crew of the COSCO SHIPPING Lines container ship COSCO MALAYSIA rescued a sailboat crew in distress in the Gulf…
Completion ceremony of Guangzhou Port’s\Nansha deep-water channels widening project
August 25th marks a significant day for Guangzhou Port/Nansha(GZP) as its deep-water channels widening project is completed and put into operation.
FedEx surges as e-commerce demand sends profit climbing
FedEx Corp. surged as a wave of e-commerce demand bolstered pricing power and propelled earnings amid the coronavirus pandemic.
Chip industry wants $50 billion to keep manufacturing in US
The U.S. chip industry said as much as $50 billion in federal incentives will be needed to halt a decades-long trend of manufacturing moving overseas…
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