Dubai-based port operator DP World expects to add approximately 3 million Twenty-Foot Equivalent Units (TEUs) […]
The post DP World to bolster handling capacity with 3 million TEU appeared first on Offshore Energy.
https://www.offshore-energy.biz/dp-world-to-bolster-handling-capacity-with-3-million-teu/
Citing “a strong economic recovery with robust freight demand,” less-than-truckload carrier Old Dominion Freight Line (NASDAQ: ODFL) announced Thursday plans to add 800 drivers and more than 400 dockworkers and clerical personnel.
The Thomasville, North Carolina-based company said it was looking to add Class A CDL drivers over the next three months to meet growing demand. The plans include hiring 275 linehaul drivers, 260 pickup and delivery drivers and 100 team drivers. It will also add more...
https://s29755.pcdn.co/news/trucking-boom-prompts-old-dominion-to-add-1200-drivers-and-dockworkers
Less-than-truckload carrier Saia (NASDAQ: SAIA) reported fourth-quarter earnings per share of $1.51 Monday, 21 cents ahead of consensus and more than 85% higher year-over-year. The period benefited from a sub-20% corporate tax rate, a roughly 7 cent per share benefit assuming the third-quarter rate, which was related to stock-based compensation.
Revenue grew 8% year-over-year as tonnage increased 6% and revenue per hundredweight, or yield, increased more than 1%. The company posted an 89.4%...
https://www.freightwaves.com/news/saia-q4-easily-outpaces-forecasts
Enterprise Products Partners and Navigator Gas have exported more than 300,000 mt of ethylene from their joint-venture terminal near the mouth of the Houston Ship Channel this year, reports Platts.
Plans of terminal expansionNavigator CEO Henry Deans, on Nov. 13, said they may consider expanding the terminal if outflows continue growing.
“The most obvious...
https://mfame.guru/new-ethylene-terminal-at-houston-channel-to-be-scaled-up/