Newsletter – August 23, 2019

  • Newsletter – August 23, 2019


    Ports of Los Angeles, Long Beach taking cooperation to ‘next level’
    The Port of Los Angeles and Port of Long Beach are holding discussions about entering into a memorandum of understanding (MOU) to address joint challenges and strengthen the relationship between the two ports.  Read more here.

    Port Report: DP World’s profit up as new logistics bets pay off
    DP World (Nasdaq Dubai: DPW), the fourth-largest marine terminal operator globally, reported strong increases in revenue and earnings, thanks largely to its maritime and logistics businesses. But container volumes remain down as global trade slows. Read more here.

    New York Terminal Conference raising rates

    The five marine terminals that are members of the New York Terminal Conference — Red Hook Container Terminal, GCT Bayonne, GCT New York, Port Newark Container Terminal and APM Terminals — have published on their websites a revised conference schedule that will go into effect Oct. 1.  Read more here.


    Tightened credit standards: a worrying sign for the trucking industry?
    The freight industry experienced continuously loosened credit standards over the last five years, but the rising concerns of an economic downturn are now causing lenders within the trucking industry to start tightening credit standards. Read more here.

    Maersk is the newest entrant into the Indian trucking market

    Maersk, the world’s largest container line, has announced a partnership with Indian digital trucking marketplace BlackBuck, marking the shipping company’s entry into the Indian online containerized trucking market. Read more here.


    New US scanning tech a hit with trucks, but still pie in the sky for air cargo
    US Customs & Border Protection (CBP) agents are delighted with new-generation scanning equipment for trucks and is in the process of rolling out new units to replace ageing equipment at ports and border crossings. Read more here.

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