World Container Index - October 15
Drewry’s composite World Container index nudged up by 0.1% to $2,586.54 per 40ft container (updated Thursday, 15 October 2020).
CEVA Logistics secures three-year contract with Brazil’s largest toy retailer
CEVA Logistics has won a three-year contract to provide warehousing, logistics and eCommerce services to Brazil’s largest toy retailer, Ri-Happy Group. CEVA will support all…
Heathrow Airport pay talks falter as union ballots for strike
Heathrow Airport Ltd. has rejected a union proposal on pay cuts as the London hub struggles to cope with a collapse in air travel, according…
NOAA, local council to improve marine navigation near Valdez, Alaska
A new Physical Oceanographic Real-Time System, also known as PORTSⓇ, aims to improve maritime safety and efficiency off Valdez, Alaska. NOAA and the Prince William…
US Transportation Secretary Chao announces over $220 million in grants for America’s ports
The U.S. Department of Transportation Secretary Elaine L. Chao today announced the award of more than $220 million in discretionary grant funding to improve port…
Reserve revisions on the UKCS doom hydrocarbon output never to rise above 2 million boepd again
Hydrocarbon production on the United Kingdom’s continental shelf (UKCS) has dropped steadily since its peak at 4.3 million barrels of oil equivalent per day (boepd)…
Key insights of the 2020 BreakbulkONE live session from MSC’s Collins
In September, Ben Collins, MSC’s Project Cargo Manager, participated in the BrealkbulkONE show: Carrier Check-in: Cargoes, Hotspots and the Road Ahead. It was an interesting…
August 2020 Freight Transportation Services Index (TSI) down 1.3% from July
The Freight Transportation Services Index (TSI), which is based on the amount of freight carried by the for-hire transportation industry, fell 1.3% in August from…
Port of Long Beach earns awards at National Trade Conference
The Port of Long Beach received honors for outstanding information management and engineering projects during the recent American Association of Port Authorities (AAPA) annual conference.…
Bolsonaro weighs Huawei ban from 5G network, cabinet member says
President Jair Bolsonaro is considering banning Huawei Technologies Co. from supplying components to Brazil’s upcoming 5G network because he sees China as a global threat…
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