News

06.03.2020

CMA CGM says debt paring on track despite coronavirus, 2019 loss

CMA CGM’s revenue was virtually flat last year, excluding business from its acquisition of CEVA Logistics. Photo credit: Shutterstock.com. After reporting a $229 million full-year loss […]
06.03.2020

CMA CGM says debt paring on track despite COVID-19, 2019 loss

CMA CGM’s revenue was virtually flat in 2019, excluding business from its acquisition of CEVA Logistics. Photo credit: Shutterstock.com. After reporting a $229 million full-year loss […]
06.03.2020

Coronavirus adding fuel to VLSFO freefall

Very low-sulfur fuel prices were assessed at $392.50 per metric ton in Rotterdam (above) Thursday, down 33 percent from early January. Photo credit: Shutterstock.com. The two-month […]
06.03.2020

COVID-19 adding fuel to VLSFO freefall

Very low-sulfur fuel prices were assessed at $392.50 per metric ton in Rotterdam (above) Thursday, down 33 percent from early January. Photo credit: Shutterstock.com. The two-month […]
06.03.2020

Roll Group to develop offshore decommissioning center in Indonesia

The Roll Dock Storm at the Panama Canal. Photo credit: Roll Group The Dutch heavy transport carrier Roll Group has signed a deal with Indonesia’s Bintan […]
06.03.2020

Industry turning to analytics to navigate COVID-19 crisis

Container lines have blanked a number of sailings out of China to match lower production output, and can use predictive analytics engines to forecast demand to […]
06.03.2020

EU–Mercosur pact needed to stabilize volatile South America trade

From Q1 2013 through Q3 2019, container volumes in the volatile Asia-East Coast South America trade grew in 15 quarters and shrunk in 11 quarters on […]
06.03.2020

New Veracruz rail link to boost port competition, service

The new two-rail link into the Port of Veracruz is expected to increase competition between railroads and double the volume of containerized rail cargo through the […]
06.03.2020

J.B. Hunt doubling reefer fleet in search of higher margins

J.B. Hunt will have nearly 2,500 reefer containers within the next 12 months, surpassing C.R. England as the largest 53-foot refrigerated container owner. Photo credit: J.B. […]
05.03.2020

GCT Deltaport rail project proves its surge recovery value

The $300 million project went live in September and will be fully completed when the final two tracks open later this spring. Photo credit: Shutterstock.com. TSAWWASSEN, […]