SC Ports, Inland Ports Benefit ‘Upstate’

South Carolina Ports makes an US$87 billion economic impact in South Carolina each year, and more than half of that economic benefit occurs in the Upstate in the state’s northwest corner, the port authority said.A recent study by research economist and University of South Carolina professor Joseph Von Nessen found Charleston’s port generates a US$44 billion economic impact in the Upstate each year, with port operations directly and indirectly supporting ... [+]

NFI Buys Transfix’s Brokerage Business

Supply chain solutions provider NFI said it has acquired the freight brokerage operation of Transfix, a digital freight platform.Transfix will pivot its core business to solely focus on software and data solutions for brokers, shippers and carriers, with NFI to be the first third-party customer ... [+]

Optimized Port Calls Would Cut GHG

SMART port technologies that facilitate ‘just in time’ ship arrivals could significantly reduce greenhouse and pollutant gas emissions at global container ports, Drewry said in its latest quarterly Ports and Terminals Insight report.             Investing in such technologies at ports with a disproportionate amount of waiting ... [+]

DOT Collects Industry Input for NMFN

The U.S. Department of Transportation has called on breakbulk cargo owners, carriers and other stakeholders to identify critical freight routes that are critical to multimodal transportation across the U.S.The DOT published a request to solicit written input from the public, through June 11, on what ... [+]

Preventing US Supply Chain Disruptions

A bipartisan U.S. Senate bill would create a government-wide approach to monitoring, tracking and strengthening U.S. supply chains.The Promoting Resilient Supply Chains Act, introduced by Sen. Maria Cantwell (D-Wash.), chair of the Senate Committee on Commerce, Science and Transportation; and Sen. Marsha Blackburn (R-Tenn.), a ... [+]

Swiss WorldCargo Expands Network to Toronto

Swiss WorldCargo, the cargo unit of Swiss International Air Lines (SWISS), has launched a new route between Zurich and Toronto, Canada, as part of expanding its long-haul network served by SWISS and Swiss WorldCargo.The addition of Toronto to its international network will support SWISS airfreight ... [+]

Monthly Imports to Top 2 Million TEUs

Monthly inbound cargo volume at the nation's major container ports should consistently be above 2 million 20-foot equivalent units, or TEUs, through this summer and into early fall, according to the Global Port Tracker report from the National Retail Federation and Hackett Associates."We haven't seen ... [+]

Maersk Raises 2024 Profit Projections

A.P. Moller – Maersk, or APMM, reported that its first quarter 2024 topline fell 13 percent year-over-year to US$12.4 billion, and EBIT slumped 92.4 percent to US$177 million.However, EBIT re-entered the positive territory (from an EBIT loss of US$537 million in the further quarter of ... [+]

Kuehne+Nagel Focuses on Cost Measures

Swiss logistics and freight forwarding provider Kuehne+Nagel’s first quarter earnings declined from the same period in 2023, though the company’s sea and air logistics showed slight improvement.First quarter net turnover was down 18 percent to US$6.06 billion, with an EBIT of US$414 million and earnings ... [+]

Hapag-Lloyd Sets Course with Strategy 2030

Hapag-Lloyd hasl unveiled its Strategy 2030, a comprehensive roadmap charting the course for the company's pursuit in quality leadership, sustainability, innovation, and operational efficiency in a rapidly evolving maritime industry.Over the past five years, the company has made significant progress in customer satisfaction, financial stability, ... [+]