Ship operating costs continue to fall
Ship operating costs are now in accelerating decline for the seventh year in succession, said the accountant and shipping consultant BDO. Total annual operating costs in the shipping industry fell by an average of 1.8% in 2018, compared to the 1.3% decline in 2017. All... more
Imports drive throughput in the port of Virginia
The port of Virginia (USA) handled cargo volumes of almost 95,000 teu in August. The overall increase of 5% when compared with the same period last year is mainly due to a rise in the number of loaded import containers moving through the port and a jump in the number of empty... more
ACI calls for an end to trade disputes
According to the latest World Airport Traffic Report published by Airports Council International (ACI) World, the world’s airports accommodated 122.7 million t of cargo last year. Global year-over-year volume fell by -1.7% in December 2018 against the previous year, bringing... more
Carlisle Companies appoints Mark C. Smith VP of supply chain
Carlisle Companies has appointed Mark C. Smith vice president of supply chain consistent with Carlisle's vision 2025's centre-led initiatives to drive to USD 15 of earnings per share. Smith joined Carlisle in 2012 as vice president of supply chain for Carlisle Interconnect... more
Amazon prepares for opening of first regional air hub
Amazon's regional air hub at the Fort Worth Alliance Airport (AFW) in Texas (USA) will open in October. The facility is the first build-to-suit airport project of its kind in the Amazon Air network and was designed to support Amazon Air’s larger scale regional needs. It will... more
Latam Group brings relief plane to Bahamas
Medicines, medical instruments, sanitary and edible items were all part of the humanitarian aid transported from Miami (FL, USA) to the Bahamas on the humanitarian relief plane provided by Latam Group. It was activated via Latam Cargo after the passage of hurricane Dorian led to... more
Another US short-line railroad changes owner
US transport company OmniTRAX has completed the acquisition of the 101 year-old Winchester & Western Railroad (WW) from Covia. WW is a Class III shortline railroad operating in the US states of Maryland, Virginia, West Virginia and New Jersey. The railroad interchanges... more
Port of Long Beach enjoys a busy August 2019
This year, the port of Long Beach recorded the fifth-busiest August in its 108-year history. A total of almost 664,000 teu were handled during this month. Nevertheless, August 2018 was stronger (+2.3%). In August 2019, imports slid by 5.9% to 323,000 teu, while exports rose 4.5%... more
Red Hawk appoints logistics specialist
Red Hawk, a distributor of medical devices, has appointed a supply chain, procurement and finance veteran, Joseph R. Mohr, to its board of directors effective 15 October 2019. Mohr has over forty years of c-suite executive experience, including thirty years of executive supply... more
Calling at the port of Corpus Christi for the first time
Eagle Ford Terminals Corpus Christi, a joint venture of Plains All American Pipeline and Enterprise Products Partners L.P., recently docked its first vessel at its new dock on the Corpus Christi Ship Channel. The terminal consists of a vessel berth with a total depth of... more