Truck transportation jobs last month were the lowest in years: BLS
The number of people working in the segment that the Bureau of Labor Standards calls truck transportation was at its lowest level in November since the first po...
Port & Terminal News
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ICTSI to invest R$948 million to expand Rio Brasil Terminal
ICTSI will invest R$948 million to expand and modernize its Rio Brasil Terminal at the Port of Rio de Janeiro. The project, running from 2025 to 2029, will incr...
ICTSI pours $175m into Rio terminal expansion
Manila-based port operator International Container Terminal Services Inc (ICTSI) is pressing ahead with a major expansion at Brazil’s Rio Brasil Terminal, com...
Snam nears full takeover of Italian FSRU after Igneo stake buy
Italian state-controlled gas grid operator Snam has agreed to acquire Igneo Infrastructure Partners’ 48.2% interest in the company operating the FSRU Toscana ...
Mexico’s heavy-truck exports plunges 22% as light-vehicle demand also dips
Mexico’s automotive industry posted sharp declines across cars, light trucks and heavy-duty commercial vehicles in November, as road blockades, labor stoppage...
Lukoil halts output at major Caspian field after Ukrainian drone attack
One of Russia’s two biggest oil producers Lukoil has stopped production on a platform on the Vladimir Filanovsky field after a strike by four Ukrainian aerial...
Parcel business is bright spot for global postal operators
Steady growth in e-commerce parcel volumes and new lines of business are more than offsetting declines in traditional letter mail for global postal operators, b...
Mexico targets Asian imports with new tariffs ahead of USMCA negotiations
The Mexican government on Wednesday approved a sweeping package of new import tariffs — some as high as 50% — on more than 1,400 products from China...
Jaxport COO Bennett dies in car crash
James Bennett, chief operating officer for the Jacksonville Port Authority, died early Monday in a car accident.Bennett died just before 7:30 a.m. on Interstate...
Pusan Newport Company joins Portchain Connect Network
Pusan Newport Company has joined the Portchain Connect network. The terminal will use the platform to simplify and speed up berth planning with shipping lines.P...
Brazil moves to block existing Santos operators from bidding on new mega terminal
Brazil’s Federal Audit Court (TCU) has thrown up a major hurdle for global terminal operators at the Port of Santos, voting to bar current concessionaires fro...
Suez Canal successfully transits floating dock GREEN DOCK 3
Admiral Ossama Rabiee confirmed the successful transit of the floating dock GREEN DOCK 3 through the Suez Canal. Five tugboats supported the operation. The tug...