Archives



January 2022

GPA to expedite 1.6M TEUs of on-terminal capacity by June

At a recent Georgia Ports Authority Board meeting, Executive Director Griff Lynch detailed actions that will expedite the completion of 1.6 million twenty-foot equivalent container units in annual capacity. “Through ingenuity and teamwork, GPA has put into place what amounts to the largest current expansion for a port operation in North America,” said Georgia Gov. Brian Kemp. “It’s a testament to the leadership and forward thinking at America’s most efficient gateway ... [+]

Rotterdam studying more shore-based power

The Port of Rotterdam Authority and the municipality of Rotterdam want shore-based power to be available in the container, cruise, and liquid bulk sectors. To this effect, studies have commenced at the terminals of Hutchison Ports ECT Rotterdam (ECT), APMT2, Vopak, and Cruiseport Rotterdam.These companies are closely involved in the ... [+]

OAK receives $15.4 million

Oakland International Airport (OAK) will receive $15.4 million from the Department of Transportation as part of the Infrastructure Investment and Jobs Act passed by Congress last month. These funds will be used for projects related to environmental sustainability, passenger amenities and security upgrades.OAK is working closely with Federal Aviation Administration ... [+]

KlearNow Raises $50M

KlearNow, the smart Logistics as a Service (LaaS) pioneer founded in 2018, raised $50M in new capital to transform broken supply chains—simplifying and providing real-time cargo visibility to the customs clearance and drayage processes. KlearNow’s AI-powered platform eases the worldwide supply chain disruptions that have left businesses grappling with delays ... [+]

Bolloré receives an offer from MSC

Bolloré has received an offer from MSC for the purchase of Bolloré Africa Logistics. Bolloré has granted an exclusivity to the offer,The Bolloré Group announces that it has received an offer from the MSC Group, a major player in container transport and logistics, to acquire 100% of Bolloré Africa Logistics, ... [+]

Hong Kong Export Outlook for 2022

As indicated in the latest HKTDC Export Index conducted in mid November, the resurgence of Covid-19 remains a major concern for many Hong Kong exporters, with 87.0% indicating their businesses had been negatively affected, a significant 20.4 percentage point rise from the previous quarter. Some 62.4% expect logistics costs to ... [+]

J.B. Hunt introduces newsolutions

J.B. Hunt has introduced new and innovative solutions to keep freight moving that include its new transloading service that assists shippers in the New York metro area experiencing congestion by providing a one-stop source for quickly transferring ocean freight into equipment for domestic transport; investing $1.25 billion in increasing its ... [+]

Maersk to acquire LF Logistics for $3.6B

Maersk has reached an agreement to acquire LF Logistics, a Hong Kong-based contract logistics company, with premium capabilities within omnichannel fulfilment services, e-commerce, and inland transport in the Asia-Pacific region.The transaction comes at a price tag of $3.6 billion.“The acquisition of LF Logistics is an important and truly strategic milestone ... [+]

Port Everglades Welcomes Super-Sized Cargo Ship

Christmas came early for Port Everglades with the arrival of the largest container ship to ever visit this South Florida port. MSC’s 1,114-foot Kotor Bay is longer than the US Navy’s largest class of aircraft carriers. The Kotor Bay carried a variety of cargo from India and the Mediterranean. [+]

Port Freeport receives all-water express service from Asia

On December 10th, the M/V ZHONG GU FU JIAN (2010 built, Chinese Flagged) berthed at Port Freeport's Velasco Container Terminal. The arrival of the 902-foot long 4,963 TEU vessel marks another milestone for Port Freeport as the first container vessel to offer all-water service from Asia into Port Freeport."Port Freeport's ... [+]

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