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MSC Air Cargo joins the Cool Chain gang

Mediterranean Shipping Company’s MSC Air Cargo arm has joined the Cool Chain Association (CCA), a group of companies working together to improve the temperature-controlled supply chain. CCA members collaborate on initiatives to drive quality and innovation in the cool chain, helping to reduce food loss and improve the pharmaceuticals supply chain. Stavros Evangelakakis, CCA chairman and head of global healthcare at Cargolux, said: “CCA members continue to work together to find ... [+]

Ørsted Divests U.S. Onshore Assets

Ørsted said March 13 that it agreed to divest to alternative investment firm Stonepeak on equity ownership stake in a portfolio consisting of four U.S. onshore wind farms, as part of a “farm-down program.The transaction is valued at about US$300 million, and Ørsted has previously ... [+]

FHWA Fund Would Target Transport Pollution

The U.S. Federal Highway Administration said March 12 it has launched the Low Carbon Transportation Materials (LCTM) Program in an effort to improve air quality, decrease pollution and tackle the climate crisis.The program is aimed at lowering air pollution, specifically greenhouse gas emissions through reimbursement ... [+]

Report: $1 Trillion Needed to Electrify US Truck Fleet

Converting the U.S. commercial truck fleet to full electrification would require nearly US$1 trillion in infrastructure investment alone, according to a new report from Roland Berger, released by the Clean Freight Coalition, or CFC, a Swiss-based international management consultancy, on March 19.The study, which forecasts ... [+]

US DOE Lends $2.26 Billion for Lithium Mine

The U.S. Department of Energy plans to lend Lithium Americas up to US$2.26 billion to build Nevada's Thacker Pass lithium project, one of Washington's largest mining industry investments to boost domestic production of critical minerals for the energy transition.The loan, announced by the company on ... [+]

BBC Chartering Introduces Lakermax Fleet

BBC Chartering has introduced its next generation of multipurpose vessels with the introduction of a fleet of 13,000-deadweight-ton “LakerMax” vessels.Ten vessels will be delivered from spring 2024 until 2026. The BBC Leer will be the first vessel delivered in April, the German carrier said in ... [+]

Port of Montreal’s Contrecoeur Expansion Advances

The Montreal Port Authority said Feb. 28 it has entered into an agreement with Contrecoeur Terminal Constructors Partnership, or CTCGP, formed by Pomerleau and Aecon Group Inc., that will assist in the design of in-water works for the MPA’s Contrecoeur expansion project.MPA said it is ... [+]

J.B. Hunt, Walmart Sign Intermodal Agreement

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 ... [+]

CMA CGM, Nike Partner on Sustainable Shipping

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 ... [+]

Wen-Parker Logistics, 4ocean Partner

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 ... [+]