By Maria Kalamatas | August 12, 2025 Los Angeles — The Port of Los Angeles handled 960,597 TEUs in August.This is a 16 percent increase compared to last year. Officials said imports were strong.Exports also rose.Tariffs and new infrastructure helped boost activity. “The port is moving more goods with greater efficiency,” said a...
By Maria Kalamatas | August 12, 2025 Geneva — The cold chain management market will grow next year.Value is set to rise from 9.1 billion dollars in 2024 to 11.5 billion in 2025. Demand is rising in food, pharmaceuticals, and chemical industries.More goods need controlled temperatures during transport. “Monitoring is now a requirement,...
By Maria Kalamatas | August 12, 2025 Riyadh — Container traffic in Saudi Arabia rose 12% in July.The increase is compared to the same month last year. Officials said the growth came from more imports and exports.New cranes and storage areas improved port operations. Jeddah Islamic Port handled the largest share.King Abdulaziz Port...
By Maria Kalamatas | August 12, 2025 Hanoi — Vietnam has introduced its first online B2B platform for trade with the United States.The service connects exporters and U.S. buyers directly.It supports industries such as textiles, electronics, and agriculture. Officials said the goal is to cut transaction time.The platform offers secure payments and...
By Maria Kalamatas | August 8, 2025 New York — FTAI Infrastructure has completed a deal to buy The Wheeling Corporation. The value of the transaction is 1.05 billion dollars. Wheeling owns about 300 miles of freight rail lines. The network is located in Ohio, Pennsylvania, and West Virginia. It serves industrial...
By Maria Kalamatas | August 8, 2025 Riga — The Freeport of Riga has launched a private 5G network to keep cargo ships and sea drones connected well offshore. The upgrade replaces older Wi‑Fi and 4G systems and covers distances of more than 100 miles. “Our port now talks to ships in...
By Maria Kalamatas | August 8, 2025 Agadir, August 8 — A direct shipping connection has been launched between Morocco and Northern Europe. The new service links the ports of Agadir and Casablanca to Thamesport in the United Kingdom and Rotterdam in the Netherlands. The company behind the service is Samskip, a...
By Maria Kalamatas | August 8, 2025 Destinus has acquired Daedalean, a company based in Zurich. The startup develops artificial intelligence systems for flight navigation. The deal was confirmed on Wednesday. No price was disclosed. “This gives us the tools to automate faster,” said a Destinus representative. Daedalean builds software for drones, aircraft, and...
By Maria Kalamatas | August 8, 2025 Abu Dhabi — AD Ports Group has announced a new partnership with MBME Group. The goal is to develop digital tools that combine logistics and financial services. The project will focus on two areas: TradeTech and FinTech. The companies want to simplify customs, payments, and...
By Maria Kalamatas | August 7, 2025 Brussels, August 7 —After weeks of speculation, the European Commission announced today it would delay any retaliatory tariffs on U.S. imports for at least six months, opting for what officials called “strategic restraint” amid growing pressure from business leaders across the bloc. The move comes...
