February 2024
Global freight forwarder DSV reported changes to its executive board and group executive committee, as part of its long-term succession planning.Jens H. Lund, current group COO and vice CEO of DSV A/S, has assumed the role of group CEO, while Jens Bjørn Andersen steps down after more than 15 years leading the DSV Group.Brian Ejsing has been appointed group COO of DSV A/S, will join the executive board. Ejsing has ...
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The U.S. Department of Transportation said it will distribute more than US$728 million for 37 projects that aim to bolster the nation’s freight infrastructure.The funds are available under the Bipartisan Infrastructure Law’s Mega Program and the Infrastructure for Rebuilding America Grant Program.The Mega Program, known as the National Infrastructure Project ...
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Cargotec’s Board of Directors have approved a demerger plan, announced in April 2023, for all assets, debts and liabilities related to the Kalmar business.Cargotec’s board said separating the entities “could unlock shareholder value by allowing both businesses to pursue sustainable profitable growth opportunities independently.”Kalmar is a provider of container handling ...
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The Port of New Orleans Board of Commissioners voted Jan. 18 to expedite the St. Bernard Transportation Corridor, a roadway for St. Bernard Parish that will connect the new US$1.8 billion Louisiana International Terminal (LIT) to the interstate system.The board authorized Port NOLA President and CEO Brandy Christian to enter ...
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The Port of New Orleans said it has been awarded a federal grant for an additional US$226.2 million towards the building of the Louisiana International Terminal, or LIT.The U.S. Department of Transportation awarded the funding through the competitive grant program for Infrastructure for Rebuilding America (NFRA) discretionary grant program, part ...
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Despite a strong December, container volumes handled at Port Houston in 2023 fell 4 percent to 3.8 million TEUs, short of the port’s record-setting year in 2022.The decrease was attributed to a large drop in empty repositioning volumes, the port said, while its strong exports “insulated” it from further decreases.Executive ...
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A.P. Moller Maersk held a naming ceremony for the Ane Maersk, the world’s first large methanol-enabled container vessel, at the HD Hyundai Heavy Industries shipyard in Ulsan, South Korea.The Ane Maersk is the first of 18 large-methanol-enabled Maersk vessels to be delivered through 2025. It is the second methanol-enabled vessel. ...
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North American third-party logistics provider Kenco Group has acquired The Shippers Group, a Dallas-based third-party warehousing company.
Chattanooga, Tennessee-based Kenco said the deal provides increased capacity, broader geographic reach, and an expanded suite of services. Terms of the acquisition are not being disclosed.
The Shippers Group, led by majority owner and CEO ...
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Enstructure, a U.S. marine terminal and logistics company, has agreed with the Jacksonville Port Authority to lease and develop 79 acres of waterfront property at JAXPORT’s Tallyrand Marine TerminalEnstructure is parent company of Jacksonville-based Seonus Stevedoring, a JAXPORT tenant for 27 years, that operates 35 acres of adjacent space at ...
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Don Ingersoll has been named chief operating officer of RoadOne Intermodal Logistics, the Randolph, Massachusetts-based intermodal, warehouse and logistics service provider.Ingersoll will work with founders Ken Kellaway and David McLaughlin. Prior to joining RoadOne, Ingersoll was president of multimodal carrier Roehl Transport, leading the truckload, refrigerated and dedicated divisions.Previously, he ...
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