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Monthly Archives: March 2011

A shocking about turn

In a move that has left many astounded and saddened in South Africa, Transnet’s new board chairman Mafika Mkhwanazi and his board have decided to reinstate sacked former Transnet Freight Rail CEO Siyabonga Gama. Read More »

Chiquita increases its investment in Carrier PrimeLINE

Sales of Transicold PrimeLINE® container refrigeration units increased nearly fivefold in 2010, due mainly to Cincinnati-based Chiquita adding 4,700 PrimeLINE units equipped with the QUEST power-saving mode to the 1,250 previously acquired for its banana fleet. Read More »

EU invests in the Port of Gothenburg

The ports in Gothenburg, Århus and Tallinn have received EUR 24.8m (US$34.4m) in European funding for a collaborative venture that will ensure cost-effective and environmentally smart sea transport for industry in Scandinavia and the Baltic region. The investment in the Port of Gothenburg amounts to EUR 11.5 m and will be used to eliminate bottlenecks in the infrastructure. Read More »

US waterborne foreign trade rebounds in 2010

America's waterborne foreign trade continued to recover throughout the final months of 2010 and .for the full calendar year, trade volume totalled just over 1.3bn tonnes, up 8.6% from the year before but still short of pre-recession levels. Read More »

APM Terminals finally awarded Costa Rica terminal concession

After months of debate and rumour and despite being the only bidder, APM Terminals must finally be breathing a sigh of relief at having been awarded the 33 year concession for the design, financing, construction, operation and maintenance of Costa Rica’s new Moin Container Terminal (TCM). Read More »

Port Metro Vancouver and Canadian Pacific collaborate

Port Metro Vancouver and Canadian Pacific (CP) have joined in a collaboration agreement to improve productivity and performance through Canada's Pacific Gateway. The port authority and CP believe that greater collaboration and accountability among supply chain partners is the key to more efficient and reliable trade through the gateway. Read More »