AGP Executive Report
Last update: 9 hours agoBlack Sea Security: A container ship was hit by three naval drones about 21 miles off Bulgaria, underscoring the risks to commercial shipping as Bulgaria, Romania and Turkey agreed to strengthen maritime coordination. UK Port Services: Associated British Ports has acquired Global Shipping Services, which handles more than 1.5 million tonnes of cargo a year, expanding its stevedoring, warehousing and port agency operations in the Humber. Pallet Networks: Wolverhampton-based northstarr bought United Pallet Network, bringing its networks together to handle more than 6.3 million pallets annually while keeping both brands separate. Container Supply: India approved a 10,000-crore-rupee scheme to expand annual container manufacturing capacity nearly tenfold to 750,000 TEUs and reduce import dependence. Intermodal Freight: Canfor is investing about $96 million in Arkansas, including a truck-to-rail transload facility to improve lumber distribution and reach more North American customers.
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