Decline in post-panamax values 
According to Vesselsvalue, a maritime market intelligence provider, container values and earnings have hit their lowest levels since early 2021, primarily due to weakened market sentiment and a surge in newbuildings entering the market. Container values for various vessel... more
Tecon Suape’s ESG commitment
Tecon Suape, a business unit of International Container Terminal Services Inc (ICTSI) located in Brazil’s Suape port and industrial complex, has attained carbon-neutral certification in compliance with Associação Brasileira de Normas Técnicas standards (ABNT) for greenhouse gas... more
US Customs to use AI in supply chain visibility
“Artificial intelligence is essential to achieving greater levels of operational efficiency, accuracy, and transparency within customs brokerage”, says Nisarg Mehta, CTO and co-founder of the intelligent logistics platform Raft in a speech at the Northern Border Customs Brokers... more
Changes at the helm for Menzies
Menzies Aviation, a leading service partner for airports and airlines, has announced three new senior appointments to drive forward its air cargo business, including a new global head of cargo. Beau Paine has been appointed as to this position; he’ll also retain his role of... more
UP creating intermodal capacities
The US class I railway Union Pacific (UP) has introduced an intermodal service connecting the southeastern USA and Mexico. The link offers transport capabilities originating in the network of GMXT (formerly Ferromex), the transport division of the Grupo México conglomerate,... more
Autonomous truck runs 24 hours per day
A commercial trucking lane in which autonomous vehicles are deployed has been launched in the USA. It is the first of its kind to run between Houston and Oklahoma City, and the project is being carried out by Maersk and Kodiak. The two companies will complete four round trips a... more
SC Ports CEO is ‘2023 Leading Woman’
South Carolina Ports president and CEO Barbara Melvin has been named ‘2023 Leading Woman’ by SC Women in Leadership. SCWL celebrates South Carolina women who have blazed trails in civic leadership. Melvin received the ‘Leading Woman’ award for her commitment to working across... more
Cargo handling in Chicago, New York and Washington
Worldwide Flight Services (WFS), a member of the Sats Group, has been appointed as Etihad Cargo's handling partner in the whole US territory, including Chicago (ORD), New York (JFK) and Washington (IAD). The cargo and logistics arm of Etihad Airways, the flag carrier of the... more
Global liner performance report
Sea-Intelligence has released its global liner performance (GLP) report, providing schedule reliability data up to August 2023. Globally, schedule reliability slightly dipped to 63.2% in August, with minor fluctuations since March. Yoy reliability improved by 17.0 percentage... more
A joint venture into Guyanese oil and gas
Bertling Logistics and Rafeek & Moore have announced the formation of their joint venture (JV) company, Rafeek & Moore Bertling Logistics (Guyana). The company will be based at Rafeek & Moore's office in Georgetown. Guyana's location at the crossroads of South... more