In May, the FBX index exhibited a consistent upward trend. The index commenced at $2,409 and concluded at $3,508 by 31 May, marking a $1,099 increase per FEU. FBX01 – China/East Asia to North America West Coast – also experienced a significant rise thr…
FBX Index June 2024: Looking forward Read More »
The Ports of Indiana Commission approved Resolution 24-01 to launch “The Indiana Container Initiative” in support of developing multiple international container terminals within the state of Indiana.As a statewide port authority, Ports of Indiana…
Ports of Indiana Says It Aims to Develop Container Terminals Read More »
Golden Gate Ferry will build a fleet of eight new hybrid vessels to improve operational efficiency and reduce emissions from its San Francisco Bay Area commuter ferry service.Electrical contracting company McKay on Monday announced it has been…
Golden Gate Ferry to Build Eight New Vessels Read More »
Oslo-headquartered dry bulk shipping company Western Bulk announced it has named Torbjorn Gjervik as its new CEO, effective September 1, 2024.Gjervik will assume the position from Ørjan Svanevik, who has served as interim CEO following the departure of…
Gjervik Named CEO of Western Bulk Read More »
Electrical issues have forced the closure of a lock and dam on the Upper Mississippi River near Minneapolis, the U.S. Army Corps of Engineers’ St. Paul District announced on Monday.The Corps said its crews are working to fix the issues, which are affec…
Electrical Issues Close Lower St. Anthony Falls Lock and Dam Read More »