Business
Officials at the Port of Oakland’s largest marine terminal report that diesel emissions have been cut from all 13 of its massive yard cranes by 95% after retrofitting them with hybrid electric engines. Terminal operator Stevedoring Services of America (SSA) said that the project will eliminate about 1,200 metric tons of greenhouse gas emissions annually from each crane.
“Retrofitting our rubber-tire gantry cranes to battery power produced remarkable results,” said ...
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The Port of Savannah exported more loaded containers than any other port in the country from January through May, achieving a 12.2% market share. Garden City Terminal handled a total of 593,195 TEUs of loaded exports during the first five months of the calendar year.
"In ...
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In May this year the LHM 420 was delivered to Euroamérica S.A. in Campana, Argentina; fully disassembled and due for handover in June 2020. A number of mobile harbor cranes are already in operation in Argentina and serviced by the experienced local engineers from ...
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Hapag-Lloyd has concluded the first half of the year 2020 with earnings before interest and taxes (EBIT) of USD 563 million (EUR 511 million), thereby surpassing the prior-year figure of USD 440 million (EUR 389 million). The Group profit improved to USD 314 million (EUR ...
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World ACD reports that since air cargo developments started to completely go "off the charts" in March 2020, every month the question arises whether the next month will be a bit more normal, whatever 'normal' may mean. Going by the worldwide month-over-month (MoM) figures for ...
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A.P. Moller - Maersk announces improvements to its network between Europe and the Middle East & Indian Subcontinent (West Central Asia). The aim is to enhance reliability while building a network that helps customers with more resilient and agile supply chains. The updated network ...
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NFI has completed the acquisition of CAI Logistics, the non-asset logistics division of CAI International, Inc. that generates more than $100 million in annual revenue. By acquiring CAI Logistics, NFI expands its suite of supply chain services, specifically enhancing its brokerage, intermodal, and global ...
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The Port Authority of New York and New Jersey released its six-month financial results which revealed an approximately $777 million decline in revenues through June 30, 2020 as compared to the agency’s budget, with additional losses against 2020 Budget expected through the balance of the ...
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The Port of Los Angeles and the California Manufacturers & Technology Association (CMTA) have formed a partnership to help support both organizations’ efforts to manage and further streamline the supply and provision of personal protective equipment (PPE) during the current COVID-19 pandemic. The Memorandum of ...
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The Port of Los Angeles moved 856,389 TEUs in July, the busiest month thus far of 2020. It was also the second-best July in the Port’s history, trailing July 2019 by 6.1%.
“Fewer canceled sailings and 11 additional ‘ad hoc’ or unscheduled ship calls helped drive ...
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