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New Logistec CEO Pierce unveils ambitious expansion roadmap

by Leo Ryan  • May 15, 2024

Logistec Corporation, one of the crown jewels of Canada’s marine industry, has embarked on a new chapter in its 70-year history following its acquisition in January by NY-based Blue Wolf Capital Partners for approximately C$1.2 billion.

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Steel spikes

by AJOT  • May 16, 2024

Along with Dugan’s reported year-to-date and total tonnage statistics, there is another yearly increase in steel imports that can be directly attributed to Mother Nature. Dugan elaborated on how and why it occurs, and the annual benefits it creates.

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Biden to quadruple tariffs on China EVs, offer solar exclusions

by Bloomberg  • May 13, 2024

President Joe Biden will quadruple tariffs on Chinese electric vehicles and sharply increase levies for other key industries this week, unveiling the measures at a White House event framed as a defense of American workers, people familiar with the matter said.

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Delayed sugar deliveries raise debate over exchange rules

by Bloomberg  • May 10, 2024

Delays to deliveries of sugar sold through a major commodity exchange in New York have sparked a debate among traders about whether the current rules on transactions are sufficient to protect buyers.

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Construction season kicks off at the Ports of Indiana-Burns Harbor

by AJOT  • May 16, 2024

Ports of Indiana-Burns Harbor kicks off a record construction season with more than $77 million in projects underway at Lake Michigan port...

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Banle Energy International Limited and Cargill to work together in the successful full-laden leg voyage undertaken

by AJOT  • May 14, 2024

Banle Energy International Limited has participated in the successful full-laden leg voyage from Gladstone to Paradip undertaken by Tata Steel Group...

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Steel spikes
by AJOT  • May 16, 2024
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Steel product imports forge ahead in Q1
by AJOT  • May 16, 2024

Whats this about?

It is the “uncontained” shipments that draw a lifetime allegiance of purveyors of the business. As one MPV (Multi Purpose Vessel) analyst bluntly said as an aside, “Boxes are boring.”

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