Purchase of Panama railway 'a significant opportunity' for ambitious APMT
Maersk’s port arm, APM Terminals, has bought the Panama Canal Railway Company (PCRC), which runs ...
DP World has continued to gain ground on its competitors, announcing growth in revenues, earnings and volumes over the six months to June.
Revenues for the Dubai-based port operator climbed 9.6%, year on year, to $2.3bn, thanks in large part to a 7.7% increase in volumes (up to 34m teu).
All three of the terminal operator’s regions saw an increased rate of volume growth in the second quarter, putting it well beyond Drewry Maritime’s 4% first-half growth predictions.
In noting the “ahead-of-market” growth, group ...
Amazon pushes into LTL for small package fulfilment and UPS does a u-turn
New senior management for DSV as it readies for DB Schenker takeover
Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings
Asian exporters scramble for ships and boxes to beat 90-day tariff pause
Temporary tariff relief brings on early transpacific peak season
'Tariff madness' will prompt renegotiation of ocean shipping contracts
Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Response to tariffs by Chinese importers may see extra costs for US shippers
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