Ekspres Kargo

The carrier said the change will help build stronger shipper relationships, although consultants flagged instances of friction as some clients adjust to new sales reps.

Noel Hacegaba made the announcement about the possible 1.8 million-TEU terminal during his first State of the Port presentation since taking over as CEO on Jan.1 following the retirement of Mario Cordero.

The terminal, developed by a consortium of Hutchison Ports, CMA Terminals and Cosco Shipping Ports, aims to capture increasing east-west trade and is integrated with Egypt’s expanding transport network.

The retailer is shuttering operations at two Cheshire sites, starting March 14.

The footwear maker expects selective price hikes, supply chain efficiencies and growth in the Asia-Pacific region to soften the impact.

The terminal, developed by a consortium of Hutchison Ports, CMA Terminals, and Cosco Shipping Ports, aims to capture increasing east-west trade and is integrated with Egypt’s expanding transport network.

The levies, effective Jan. 15, do not cover products used for data centers and consumer applications, per a proclamation signed Wednesday.

The weekly loop, known as the ME11 for Maersk and the IMX for partner Hapag-Lloyd, would join Maersk’s MECL service and CMA CGM’s Indamex among major carriers in resuming transits through the Red Sea and Suez.

The pharmaceutical giant said it will build production facilities in North Carolina and Pennsylvania as part of its broader $55 billion investment commitment. 

Data center construction in the US has more than doubled since 2023, helping to counterbalance slower construction of warehouses, notes Jason Miller.