Global container volumes continued to defy expectations of a slowdown in August, hitting a new monthly record, according to new data released by Container Trades Statistics today. After three consecutive months in which global trade exceeded 16 million TEU, August achieved a record high. “August continued this trend of strong performance, recording 16.61 million TEU,…
Global trade has outperformed expectations in the first half of 2025, prompting the World Trade Organization to sharply revise its growth forecast upwards to 2.4% – a significant jump from its August estimate of just 0.9%. However, the bleak outlook for 2026 tempers the optimism, with the World Trade Organization forecasting trade growth to slow…
EIB Global, the European Investment Bank development arm signed an agreement to lend Costa Rica $ 250M for the electric train project to upgrade and service lines that serve capital, San José, and provide Tram-Train services. EIB says that its first loan to Costa Rica will take infrastructure on lines 1 and 2, which will…
When ships cross oceans, the invisible lines of influence that follow them no longer belong only to navies or flags. They follow the reach of terminal operators, the multinational giants whose equity stakes now extend across the main arteries of global trade. From the ports of Europe to coastal Africa, ownership of port infrastructure has…
Not all products move at the same speed. While managing a warehouse or distribution center in New Zealand, you may notice that some items fly off the shelves every week or even every day, while others remain in storage for months before being picked. Read Also: How Inventory Finance Helps Early-Stage Logistics Startups Keep Goods…
Work is scheduled to work on section 8.8km šVeicarija – žimiai by the end of this year. The RB RAIL Projects Delivery Company has announced the official start of Tracklaying on the new railway line 1435 mm in the Jonava area of Lithuania, where the šVeicarija section is 8.8 km. Tracklaying is implemented by a…
One of the lead architects for transforming the Canadian port of Prince Rupert into a major container gateway into the Pacific Ocean has retired. Sean Stevenson (above), President and CEO of the Prince Rupert Port Authority (PRPA), has announced that he will retire from his position on December 31 of this year. Mr Stevenson first…
The positive transformation of the President of Tesla (Tsla) follows a difficult period in 2025, which was affected by his unpredictable relationship with US President Donald Trump, as Yahoo mentioned funding. The proposed payment package began with a value of $ 1 trillion, a series of favorable events, followed by Musk, purchasing 2.5 million shares…
The 63 Tango Nordic LRVS contract includes options for up to 120 additional vehicles. The PKO STADLER has given a contract to supply 63 Tango Nordic LRVS. As shown in the tender, the matter includes 30 mono -directional vehicles and 33 LRVS dual -direction. The contract also includes an option for 120 additional vehicles and…
The latest major executive exit from DB Schenker following its takeover by DSV is veteran freight forwarder Peter Nordstrom (above), who was appointed today as the new CEO of German carrier Rhenus’ North American aviation and ocean division. “With a proven track record of… To read this article you need to subscribe. Help us continue…