Jon Ross, a former American Shipper editor who is an expert on the air cargo industry, pointed out how various market fundamentals, along with UPS’ Boeing order, echo the general consensus that the air cargo market is about to pick back up.
Oakland Bulk & Oversized Terminal (OBOT) has sued the City of Oakland in federal court after facing strong opposition from environmentalists and others that oppose coal exports through a bulk handling terminal OBOT wants to build.
The industrial real estate services and investment management firm said it anticipates strong industrial and logistics real estate growth in 2017, driven by low interest rates, healthy consumer spending and strong e-commerce.
Registration takes less than 1 minute.
The Federal Maritime Commission said Friday it concluded its review of the proposed OCEAN Alliance, allowing the new ocean carrier alliance to take effect Monday, although it is not expected to commence operations until around April 2017.
Hurricane Matthew caused extensive damage at the Freeport container terminal, forcing carriers to reroute vessels and take other steps to deliver cargo.
Scheduled to open in 2019, APM Terminals’ new facility at the Tanger-Med II port complex in Morocco will be the first automated container terminal in Africa, according to the port terminal operator arm of Danish shipping conglomerate A.P. Moller-Maersk.