Looking ahead at 2017, Duluth Seaway Port Authority Public Relations Director Adele Yorde told American Shipper the port authority will be completing a “de-bottlenecking project” on the main footprint of its Clure Public Terminal this year.
The German ocean carrier said the bonds are not for sale in the United States, and proceeds will be used for early redemption of notes due later this year and for general corporate purposes.
A study prepared for the Directorate-General for Climate Action found that savings from Flettner rotors and wing sails are seen as comparable.
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The industrial real estate services and investment management firm said it anticipates low interest rates, healthy consumer spending and strong e-commerce will boost industrial and logistics real estate growth in 2017.
Under new rules that took effect last month, freight forwarders managing inbound shipments to Canada must now submit electronic house bills of lading prior to arrival.
Danish shipping company Maersk Line and Chinese e-commerce marketplace Alibaba teamed up to provide sellers direct bookings with the container line, marking another development in the rapidly changing ocean freight procurement space.