COSCO ups involvement in Hamburg with planned takeover of Konrad Zippel
The COSCO group is to acquire an 80% stake in German logistics provider Konrad Zippel, raising its presence in container activities in Hamburg after its 2023 p...
Port & Terminal News
937 articlesStay up to date with the latest port & terminal industry news, market updates, and analysis from around the world.
BMO’s quarterly earnings suggest truck credit might be improving
Credit data for the transportation segment at Canada’s BMO bank showed the first signs in several years of an improving trucking market in the quarte...
FedEx invests $250M for dedicated parcel hub at new Mumbai airport
FedEx is investing about $250 million in the development of its own dedicated cargo processing facility at a new second airport in Mumbai, India. Developers...
Cando, Savage Rail in far-reaching crossborder rail deal
Cando Rail & Terminals agreed to acquire the Savage Rail subsidiary of Savage Enterprises LLC in a deal that will create an extensive cross-border rail services...
27 inches of snow closes Maersk, other New York-New Jersey terminals
Vessel operations remain suspended at container terminals at the Port of New York-New Jersey following a storm that dropped more than two feet of snow on the bu...
AscendTMS makes its first acquisition of another TMS provider
AscendTMS, one of the leading suppliers of transportation management systems to small to medium businesses (SMBs), has made its first acquisition.InMotion Globa...
Importers face long road on tariff refunds
The U.S. trade community is looking at a long, uncertain path obtaining refunds after the U.S. Supreme Court struck down President Donald Trump’s emergency ta...
Blizzard shuts down container terminals at northeast ports
Seven states declared a state of emergency prior to the blizzard, which moved into the New York metropolitan area midday Sunday. There was a travel ban ahead of...
Konecranes launches ESP.4 mobile harbor crane for smaller ports
Konecranes has introduced the Konecranes Gottwald ESP.4, the newest and smallest addition to its Generation 6 mobile harbor crane family. Despite its compact si...
CPKC CEO ‘not drinking the merger Kool-Aid’
The Surface Transportation Board’s rejection of the initial Union Pacific-Norfolk Southern merger application shows the $85 billion transaction is not a done ...
Canadian firm to acquire breakbulk, steel terminal at Mexico’s Port of Altamira
Logistec Corp., a Montréal-based marine and logistics provider, has entered into an agreement to acquire 100% of IPA Terminal, a breakbulk and steel hand...
MOSOLF opens new terminal at Port of Oostende
MOSOLF Port Logistics & Services (MPLS) has opened a new terminal at the Port of Oostende. The move strengthens MPLS’s North Sea presence and adds capacity fo...