The Port of New Orleans (Port NOLA) announced today that President and Chief Executive Officer Beth Branch has been elected to serve a full two-year term on the Board of Directors of the American Association of Port Authorities (AAPA). Branch was elected to an At-Large seat for the 2026–2028 term during AAPA’s 115th Annual Convention… Read More
AD Ports Group (ADX: ADPORTS), a leading global enabler of trade, industry, and logistics solutions, today announced the successful completion of the financial closing of its acquisition of Corredor Logística e Infraestrutura (CLI), Brazil’s leading independent agri-bulk port terminal operator from funds managed by Macquarie Asset Management and IG4 Capital. The transaction, announced on 2… Read More
Crews are removing more than 850,000 cubic yards of contaminated sediment from the Cuyahoga River in Cuyahoga Falls, Ohio, as part of a major cleanup around the Gorge Dam. The material contains pollutants including heavy metals, oil, grease and industrial chemicals that have remained trapped in the river for decades. Instead of being left in… Read More
By Mike Schuler Global shipping is not running short of ships. The bigger problem is that a growing share of them are getting caught in congestion. Roughly 12% of global container ship capacity is currently being absorbed by port congestion, the highest level in four years, according to C.H. Robinson’s October Edge Report. The logistics… Read More
Panama’s comptroller general said on Friday that his office would send prosecutors more audit material on former executives of CK Hutchison’s local subsidiary next week, as part of a criminal investigation into the Hong Kong conglomerate’s annulled Panama Canal ports concession. Speaking at the Atlantic Council in Washington, Anel Flores said prosecutors had requested documents… Read More