Gary G Burrows
Hapag-Lloyd has concluded the first nine months of 2022 with an EBITDA of USD 16.6 billion (EUR 15.6 billion) and an EBIT of USD 15.1 billion (EUR 14.2 billion). At the same time, the Group profit climbed to USD 14.7 billion (EUR 13.8 billion).“Thanks to higher freight rates, we have achieved an exceptionally strong nine-month result. However, we are also seeing that the market environment has deteriorated further in the ...
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J.B. Hunt has opened two more transload operations—one in Laredo, Texas, and the other in Tacoma, Washington. With these additions, J.B. Hunt now offers transload services adjacent to four of the largest ocean ports and the largest land port of entry into the U.S.
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The Maryland Department of Transportation Maryland Port Administration (MDOT MPA) has been awarded a $150,000 Federal Emergency Management Administration (FEMA) grant under its Building Resilient Infrastructure and Communities Program to develop a thorough flood and storm vulnerability assessment and improve overall coastal resiliencies at the six, state-owned, public marine terminals ...
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Overhaul, a software-based, supply-chain visibility, risk, compliance, and insurance solution for the world's leading brands, is one of the launch partners on a significant initiative for Microsoft, joining its newly announced Microsoft Supply Chain Center and Microsoft Supply Chain Platform to advance visibility, predictability and resilience for global, multimodal supply ...
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Port Houston will be implementing a Sustained Import Dwell fee in 2023. An optional Excessive Import Dwell fee will be implemented as needed. This new fee structure is aimed to help mitigate the issue of long-dwelling loaded import containers by incentivizing cargo movement. The Sustained Import Dwell fee will be ...
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Port officials from around the country and overseas, gathered virtually in November month to discuss the impacts of climate change and sea level rise, search for mitigations, and share best practices.“The Port of Oakland as well as all California ports are literally on the frontline of mitigating the effects on ...
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The Georgia Ports Authority handled 552,800 TEUs in October, for an increase of 9.6% (48,460 TEUs) compared to the same month last year.
“Customers continue to bring new or expanding business to the Port of Savannah, drawn by our global connectivity and the supply chain network that links Savannah to major ...
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Qatar Airways Cargo has increased flight frequencies to multiple popular destinations in the Middle East, Europe and Americas that will benefit its customers’ business globally to meet growing demand this winter season.Guillaume Halleux, Chief Officer Cargo said, “We are always ready to adapt to our customer needs and there is ...
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Weak demand continues into November
There are still no signs of any fourth-quarter (Q4) seasonal uplift in air cargo demand or pricing, with the downward trend of the last several months continuing into the second week of November – when peak season is usually in full flow.
Following a steep decline in ...
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ACP Worldwide Ltd is now the GSA for Air New Zealand in key Australian markets including Adelaide, Hobart, Cairns and the Gold Coast.
The appointment allows ACP to work with existing frontline relationships and develop new business in those markets, enhancing the Air New Zealand offering.
Through ACP Worldwide the airline’s customers ...
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