Business
The Port of South Louisiana, or PortSL, has experienced a remarkable upturn in its fourth quarter results, revealing a surge of nearly 10 million short tons of cargo and a 3.7 percent increase in 2023 cargo.It marked the second substantial annual increase for the second-largest U.S. tonnage port, with 248.1 million short tons following on from 239.3 million short tons in 2022. The reversal follows six-year trend of annual net ...
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Rhenus Port Logistics in Rotterdam and Seaway7 said they have extended their partnership with a new 10-year contract.Already with 10 years under their belts, the companies have pledged to advance sustainability of their operations, through initiatives such as the use of electric cranes and forklifts, ...
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Ocean Network Express and Taiwan-based Yang Ming said they will introduce a transpacific service in February 2025.Japan-based ONE said it will deploy 16 weekly transpacific services, with an emphasis on end-to-end direct services and high schedule reliability. Yang Ming said it will participate in 13 ...
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By Tracy Meetre
In the fast-paced realm of the transportation industry, where technology often takes center stage, it's easy to overlook the fundamental importance of personalized customer service. Yet, in an industry built on relationships and trust, high-touch service remains not only relevant but imperative for ...
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The Gemini cooperation agreement between Maersk and Hapag-Lloyd will rely heavily on a small number of transshipment hubs to support its new hub-and-spoke network, according to Drewry’s latest quarterly Ports and Terminals Insight report.While several of the terminals within the planned network reflect world-class operational ...
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Global express shipper DHL Express has signed a strategic partnership with Standard Chartered, a cross-border bank, for DHL Express’ GoGreen Plus service to help scale the use of sustainable aviation fuel, or SAF.The two organizations agreed to co-invest in SAF, allowing Standard Chartered to balance ...
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The CargoAi online marketplace is now offering an Air Freight Load Board for spot cargo. Airlines can now access a comprehensive database of available freight, complete with detailed cargo specifications, in their CargoMART Airline App.Users can browse through a wide range of available freight listings, ...
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Five labor unions have petitioned U.S. Trade Representative Katherine Tai to request a probe of China’s acts, policies and practices “in the maritime, logistics and shipbuilding sector,” according to a statement.The unions are: United Steelworkers (USW), International Association of Machinists and Aerospace Workers (IAM), the ...
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Ørsted said March 13 that it agreed to divest to alternative investment firm Stonepeak on equity ownership stake in a portfolio consisting of four U.S. onshore wind farms, as part of a “farm-down program.The transaction is valued at about US$300 million, and Ørsted has previously ...
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The U.S. Federal Highway Administration said March 12 it has launched the Low Carbon Transportation Materials (LCTM) Program in an effort to improve air quality, decrease pollution and tackle the climate crisis.The program is aimed at lowering air pollution, specifically greenhouse gas emissions through reimbursement ...
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