The Port of Philadelphia (PhilaPort) announced it has concluded the purchase agreement of two super post-Panamax container gantry cranes. The $23.5 million acquisition from Shanghai Zhenhua Heavy Industries Company Limited (ZPMC) of Shanghai, China is the second purchase of cranes...
24 January 2021
Categories: Freight News
U.S. Trade Deficit Widens to $48.7 Billion in October. Exports were $195.9 billion, down less than $0.1 billion from September exports and October imports were $244.6 billion, $3.8 billion more than September imports U.S. Department...
24 January 2021
Categories: United States Custom Brokerage
The Container Throughput Index of the RWI - Leibniz Institute for Economic Research and the Institute of Shipping Economics and Logistics (ISL) experienced a fall in October 2017 when it dropped from 129,7 to 128,3 index points. The decline in value...
24 January 2021
Categories: Freight News
The U.S. Bureau of Economic Analysis (BEA) announced that the U.S. economy grew at a 3.3 percent pace in the third quarter of 2017 - faster than the initial estimate of 3.0 percent. Real gross domestic product (GDP) increased 3.3 percent...
24 January 2021
Categories: Freight News
The Panama Canal announced that it increased the number of daily booking slots available for Neopanamax vessels from six to seven effective December 1, 2017. With this measure, the Panama Canal is embracing the additional capacity allowed for by the new,...
24 January 2021
Categories: Freight News
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