March 2024
J.B. Hunt Transport Services Inc., a leading North American supply chain solutions provider, said its subsidiary, J.B. Hunt Transport Inc., has entered into a multi-year intermodal service agreement with Walmart.The agreement increases the companies’ respective current volume and capacity commitments and enables the development of comprehensive intermodal solutions to drive long-term value for both organizations, J.B. Hunt said.Under the agreement, J.B. Hunt is purchasing Walmart’s intermodal assets, while J.B. Hunt ...
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International express shipping provider DHL has expanded its operations in Norfolk, Virginia, by relocating to a facility that doubles is size.The US$7.3 million investment increases shipment capacity and enables faster processing, allowing for later pickup cutoff times for eastern Virginia shippers. The service center serves Norfolk and the surrounding areas, ...
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Global apparel and sportswear industry leader Nike has recently entered into an agreement with CMA CGM to purchase sustainable biofuel for a part of their maritime transport. This initiative will make an important contribution to the decarbonization of Nike’s supply chain.From July 1, 2023, to May 31, 2024, Nike will ...
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Wen-Parker Logistics and 4ocean have formed a partnership to fund a worldwide cleanup initiative of ocean and coastline wastes with a flip of the wrist.Elmont, NY-based Wen-Parker, a supply chain services provider since 1997, will take advantage of 4ocean’s process to converting recyclable materials into bracelets and jewelry.4ocean, founded in ...
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The International Air Cargo Association’s fourth comprehensive study on the air cargo industry’s sustainability position shows progress, but “we still have quite a bit of work to do,” said TIACA Chairman Steven Polmans.The survey, which involves supply chain partners from across the globe and from each industry sector and business ...
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Siemens Energy, a leading energy technology company, has selected Charlotte as the location for its advanced manufacturing facility to produce large power transformers.With an energy hub already located in Charlotte, Siemens Energy is expanding its operations with the US$149.9 million project, which will bring 475 new jobs to Charlotte.“Manufacturing large ...
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Cargo volumes to and from ports in the Gulf of Aden and Red Sea during the first seven months of 2024 declined 21 percent compared to the year-earlier period, according to BIMCO the international association for shipowners.“The number of ships arriving in these ports significantly declined as merchant shipping increasingly ...
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Maryland’s Port of Baltimore handled record cargoes in 2023, as the region rebounded from pandemic impacts and worldwide supply chain issues.The 52.3 million tons of foreign cargo for 2023 was 18.3 percent higher than the previous record of 44.2 million tons in 2019, while value improved 8.7 percent to US$80 ...
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After three years as a joint venture, the Jumbo-SAL-Alliance said Feb. 28 it is bringing American multipurpose and liner operator Intermarine into the group, which is renamed JSI Alliance.Dutch maritime heavy-lift transport and engineering contractor Jumbo Shipping and German breakbulk and project cargo specialist SAL Heavy Lift formed the initial ...
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The U.S. Federal Maritime Commission on Feb. 23 established new requirements for how common carriers and marine terminal operators (MTOs) must bill for demurrage and detention charges, providing clarity on who can be billed, within what timeframe, and the process for disputing bills.The Ocean Shipping Reform Act, passed in 2022, ...
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