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Ports Seek to Optimize Lower Mississippi River

The World Trade Center New Orleans, or WTCNO hopes to utilize comprehensive analysis to optimize global commodity flows and maximize the economic benefits of the Lower Mississippi River region. The Lower Mississippi River Commodity Analysis represents a collaborative effort between Louisiana’s five-deep draft ports along the Lower Mississippi River – the Port of Greater Baton Rouge, the Port of South Louisiana, the Port of New Orleans, St. Bernard Port, Harbor and ... [+]

APM Extends Elizabeth Terminal Lease 33 Years

The Port Authority of New York and New Jersey, or PANYNJ, on March 27 approved a lease extension for A.P. Moller – Maersk’s APM Terminals Elizabeth lease through December 2062, Maersk reported. Originally set to expire in 2029, the 33-year lease extension marks a significant milestone ... [+]

APM Terminals Acquires Panama Canal Railway

APM Terminals has acquired the Panama Canal Railway Co., or PCRC, from Canadian Pacific Kansas City Ltd and the Lanco Group/Mi‑Jack. PCRC operates a 47-mile, single-line railway adjacent to the Panama Canal that mainly facilitates cargo movement between the Atlantic and Pacific oceans. In 2024, the ... [+]

Yang Ming Vessel Order Begins Fleet Expansion

Yang Ming Marine Transport Corp. said March 28 that it has purchased three 8,000 twenty-foot-equivalent-unit methanol dual-fuel-ready containerships from Shoei Kisen Kaisha Ltd. The vessels are being built by Imabari Shipbuilding and are scheduled for delivery between 2028 and 2029. Yang Ming said the acquisition will ... [+]

Descartes Acquires 3G, US TMS Provider

Descartes Systems Group, the global provider of on-demand, software-as-a-service solutions, said it has acquired 3GTMS, or 3G, a provider of transportation management solutions, for about US$115 million cash. 3G, based in Columbus, Ohio, combines modern cloud architecture, an expansive carrier network, and planning-driven automation to help ... [+]

Trailer Bridge, Highway Partner on Tech Stack

Trailer Bridge Inc., the Jacksonville, Florida-based full-service transportation provider, said it has partnered with technology provider Highway to enhance its tech stack and better support its customers and carrier partners.Highway specializes in Carrier Identity® solutions for brokers, providing the necessary data to reduce fraud and ... [+]

Loadsmart Launches Yard Management System

Logistics provider Loadsmart launched its new Yard Management System, which digitizes docks, yards and gates by enabling customers to oversee truck movements, track assets and improve coordination from one interface.The YMS is built directly into Opendock, the dock scheduling tool for more than 3,500 facilities ... [+]

Kaleris Makes C-suite Appointments

Supply chain execution solutions provider Kaleris has made several appointments to its executive team: Bob White as CFO, Preshant Bhatia as chief go-to market officer, or CGMO, and Marc Degenkolb as chief revenue officer.White brings experience in financial expertise and strategic insight in planning, financial ... [+]

PayCargo, Gnosis Freight, Hapag-Lloyd Partner

Logistics payment platform PayCargo and Gnosis Freight, a provider of supply chain visibility and execution software for shipping containers, on March 3 announced an integration and partnership with leading liner shipper Hapag-Lloyd to launch the Container Payment Portal, or CPP.             Hapag-Lloyd has released plans to ... [+]

CK Hutchison-MSC in $22.8 Billion Ports Deal

The BlackRock-TiL Consortium and CK Hutchison said March 4 they have reached in principle agreements whereby BlackRock-TiL will acquire HPH’s 90 percent interest in the Panama Ports Co.,BlackRock-TiL will also acquire CK Hutchison’s 80 percent effective and controlling interest in subsidiary and associated companies owning, ... [+]

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