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DHL Supply Chain said it will become North America’s largest provider of reverse logistics solutions through acquiring Inmar Supply Chain Solutions, a returns solutions provider for the retail e-commerce industry.The acquisition will result in 14 return centers and around 800 associates joining the DHL Supply Chain business expanding the company’s North American footprint from its current 520-plus warehouses supported and 52,000 associates.DHL Supply Chain will also strengthen its returns capabilities ...
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The Port of Long Beach is accomplishing its environmental, operational and commercial goals as it is setting greater goals for the years ahead, said CEO Mario Cordero during his annual state of the port address, Jan. 29.
In a 2024 in which the port ...
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Ocean Network Express and LX Pantos have formed a joint venture, Boxlinks LLC, to provide end-to-end domestic intermodal transportation services.This strategic partnership will leverage the combined strengths of ONE and LX Pantos and use the companies’ partnerships with major rail carriers and trucking companies to ...
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Georgia Gov. Brian Kemp announced a sweeping overhaul of the state’s legal system in two bills introduced Jan. 30 in the General Assembly, as Georgia’s trucking companies face mounting pressure from nuclear verdicts and rising insurance costs.The governor’s office cited a five-year increase of 25 ...
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Only a month before the book is closed, container traffic is expected to top a record set in 2021, according to data from Container Trades Statistics Ltd.
CTS reports that global loaded volumes increased 5.3 percent year-over-year in November, hitting 15.6 million TEUs. That ...
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Maersk A/S (Maersk), an entity under A.P. Moller - Maersk, and Hapag-Lloyd AG launch their operational collaboration Gemini Cooperation on Feb. 1.The container line giants intend to deliver a flexible and interconnected ocean network with schedule reliability above 90 percent once fully phased.About 340 vessels ...
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Port Everglades enjoyed healthy increases in cruise, cargo and petroleum volumes during its 2024 fiscal year, resulting in record revenues for the Broward County, Florida port.For the quarter ended Sept. 30, 2024, Port Everglades earned a record US$215.7 million in revenue, up 18 percent from ...
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The Port of Los Angeles has appointed Jeffrey Strafford as chief financial officer and Artie Mandel as director of government affairs
Strafford, a long-time City of Los Angeles employee, will oversee the port’s financial affairs, including accounting, debt and financial analysis, and financial planning ...
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The Northwest Seaport Alliance of Seattle and Tacoma saw international container volume jump 32.9 percent in November 2024, compared with the year-earlier result.
Container volume (international and domestic) for November reached 290,210 20-foot equivalent units, or TEUs, growing 25.7 percent compared to November 2023. ...
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JB Hunt Transport Services’ Q4 Results Mixed
J.B. Hunt Transport Services Inc. reported fourth quarter net income of US$155.5 million, compared to net earnings of US$153.5 million in the fourth quarter 2023.Operating revenue for the Lowell, Arkansas-based intermodal service provider was US$3.15 billion in the fourth ...
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