September 2021
A.P. Moller – Maersk (Maersk) recently announces the acquisition of HUUB, a Portuguese cloud-based logistics start-up, specialized in technology solutions for B2C warehousing for the fashion industry. This is Maersk´s third acquisition this year within E-commerce Logistics and it comes through our venture activities with Maersk Growth.As a disruptive force in the E-commerce space, the acquisition of HUUB strengthens Maersk´s technology capabilities, bringing the best attributes of a modern entrepreneurial ...
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The peak shipping season started with a roar and lifted the Port of Long Beach to its strongest August on record.Dockworkers and terminal operators moved 807,704 TEUs of container cargo last month, an 11.3% increase compared to August 2020. Imports were up 11.7% to 407,426 TEUs and exports decreased 5.3% ...
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RoadOne IntermodaLogistics, a single source intermodal, distribution, and logistics services company, announces today the acquisition of Rose Transportation, an intermodal transportation services company serving rail and port facilities in Pennsylvania, Maryland, Ohio, Florida, Georgia and South Carolina. Rose Transportation will further enhance RoadOne’s national intermodal logistics capacity and network of local ...
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Gerry’s dnata, Pakistan’s leading ground services provider, has been awarded a multi-year contract by Gulf Air, the national carrier of the Kingdom of Bahrain. The partnership will see Gerry’s dnata provide quality and safe ground, passenger and cargo handling services to the airline at six airports in Pakistan, including Karachi, ...
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IAG Cargo, the cargo division of International Airlines Group (IAG), has joined the CargoAi platform. CargoAi is an artificial intelligence-enabled airfreight platform that connects freight forwarders and airlines. With thousands of flights per week across the globe, IAG Cargo’s addition to CargoAi means a significantly broadened offer for forwarders using ...
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The Office of the Secretary of Defense recently recognized JAXPORT Asset Manager Brandon Blanton for his outstanding support of fellow JAXPORT employee Seaman Matthew Reed during Reed’s service in the Navy Reserves.
Blanton received the award from Employer Support of the Guard and Reserve (ESGR), a Department of Defense program based ...
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Korean Air recorded an operating profit for a fifth consecutive quarter thanks to its efforts to boost cargo operations and reduce costs. Compared to Q2 2020, revenue increased 16% and operating profit rose by 31%.The cargo business achieved the highest revenue in the airline’s history. Its strong performance can be ...
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In response to the continued strong Transpacific market demand and to further support the challenging service schedules for North America West Coast, MSC announced two new weekly shuttles, connecting south and central China with Long Beach.The rotation of MSC’s new Puma service will be as follows, with the first sailing ...
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The Port Freeport Commission has approved the Fiscal Year 2022 budget and passed a resolution to adopt a tax rate of $0.040000 which is less than the No New Revenue Tax Rate of$0.040080. The new total tax rate of $0.040000 includes $0.016606 dedicated to debt service and $0.023394 directed to ...
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The Port of Halifax is receiving a new direct call with India through MSC Indus 2 service. The maiden call arrives early in October. The service will berth at the South End Container Terminal operated by PSA Halifax. The first sailing from Mundra commenced on Sept. 7, 2021, with MSC ...
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