January 2024
A U.S. Bankruptcy judge on Dec. 12 approved bankrupt trucking company Yellow Corp to sell 130 of its real estate and shipping centers to 21 buyers for US$1.88 billion.
U.S. Bankruptcy Judge Craig Goldblatt, in approving the sale during a court hearing in Wilmington, Delaware, said the bids were a “tremendous outcome” for Yellow and its creditors.
Yellow Corp., the nearly 100-year-old trucking company, filed for relief under Chapter 11 of the ...
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New Port of Palm Beach Board Chair Wayne Richards inherits an ambitious project to more than double the amount of rail freight the port can process.
Elected at the Port of Palm Beach Board of Commissioners’ Jan. 18 meeting, Richards expressed appreciation to “lead the port into yet another year of ...
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Kicking off 2024, the Montreal Port Authority’s lead looked back at development on projects in 2023, and a look towards the Canadian port’s future.
Geneviève Deschamps, interim president and CEO, appointed in August, detailed a few projects in the port’s recent in-house publication, Logbook. Meanwhile, the port’s efforts towards its Contrecoeur ...
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The Port of Long Beach expect to ride the steel wheels towards becoming a zero-emission seaport, CEO Mario Cordero said Jan. 17 during his seventh state-of-the-port address.
Construction is expected to start this year on the Pier B On-Dock Rail Support Facility, which aims to move cargo more quickly, make the ...
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Maritime research and consulting service providerDrewry said its World Container Index increased 23 percent to US$3,777 per 40-foot container for the week of Jan. 18.
Drewry Supply Chain Advisors’ WCI composite increased 82 percent when compared to the same week last year. Further, the FEU rate is the highest since October ...
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Dole Ocean Cargo Express LLC has introduced service between the U.S. Northeast and Colombia, Honduras, Guatemala and El Salvador.
The new offering, dubbed Mayan Express Service, expands Dole’s network coverage by providing an alternative to North Central America and the Port of Wilmington, Delaware.
Two 1,200 40-foot-equivalent-unit vessels, Robin-2 and Robin-5, will ...
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Bolloré Logistics Chile recently completed a complex logistics operation to transport a 650-cubic-meter mobile drilling rig, consisting of five parts, weighing 118 tonnes, from Argentina through Chile, China and Mongolia.
The dimensions and weight of the mobile drilling rig presented a significant challenge for the team that conducted the transport in ...
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Ports of Indiana is nearing completion of $1.2 million in infrastructure improvement projects launched at Mount Vernon in 2023 and has ramped up its engineering and accounting resources.
The Ports of Indiana-Mount Vernon infrastructure projects included purchasing of a winch system for positioning barges at the general cargo dock, installation of ...
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Norwegian logistics service provider Wallenius Wilhelmsen has reached agreement with Kalmar, part of Cargotec, to supply four heavy electric forklift trucks, two electric reachstackers and three heavy terminal tractors for the carrier’s U.S. logistics network.
The order, which also includes the Kalmar Insight fleet performance management tool, was booked in Cargotec’s ...
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Entering 2024, the Port of Brownsville has named William Dietrich as interim port director, succeeding Eduardo A. Campirano, former port director and CEO.
The Brownsville Navigation District Board of Commissioners began a national search for a new port director and CEO in August, and named Dietrich as interim in December while ...
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