Business
The Alabama Port Authority broke another record, handling 56,545 TEU last month. This tops July’s record of 52,911 TEUs, making September the largest throughput month since APM Terminals’ container operations began in 2008.With 421,232 TEUs, moved year-to-date, 2022 volumes are now 14% higher than 2021 volumes. In addition to record-breaking container numbers, intermodal rail moves in September were up 141% over 2021, and refrigerated cargo was up 16% over the ...
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Descartes released its October Global Shipping Crisis Report, which analyzed the main economic and logistics factors pushing the global shipping crisis and the strategies to address it for the month of September.
The report's data, collected by Descartes Datamyne – provider of the world's largest searchable ...
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Perot Field Fort Worth Alliance Airport (AFW) has been named one of the Top 20 U.S. Cargo Airports ranked by Federal Aviation Administration (FAA). Moving up three spots in the rankings, AFW landed more than 2.4 billion pounds in 2021, a volume increase of 45.75% ...
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Allied Market Research reports that the global hazardous goods logistics market generated $200 billion in 2021, and is projected to reach $382.9 billion by 2031, growing at a CAGR of 7% from 2022 to 2031. The report offers a detailed analysis of the top winning ...
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Industrial Realty Group, LLC announced an agreement has been executed to develop a state-of-the-art distribution facility in Suffolk near the Port of Virginia. Upon completion, the project will be fully leased to RoadOne IntermodaLogistics, a single source intermodal, distribution, and logistics services company with a ...
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Lowe's Companies, Inc. will establish a coastal holding facility in the City of Suffolk, which will create 100 new jobs. The company's first distribution operation located in the Virginia Port Logistics Park will receive imported goods through The Port of Virginia to supply regional distribution ...
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Landmark federal policy, record investments, and new state-level actions drove the U.S. offshore wind industry forward in the third quarter of 2022, with coastal states increasing their long-term targets by 58 percent, a new record for quarterly growth. The Business Network for Offshore Wind, the ...
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SeaPort Manatee continues its record-setting activity, including an increase of nearly 35% in containerized cargo tonnage for the just-ended fiscal year, according to figures released on Oct. 13 by the Southwest and Central Florida trade hub.In the 12-month period ended Sept. 30, SeaPort Manatee saw ...
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BNSF Railway recently announced plans to invest more than $1.5 billion to construct a state-of-the-art master-planned rail facility in Southern California – and the first being developed by a Class 1 railroad.The Barstow International Gateway will be an approximately 4,500-acre new integrated rail facility on ...
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Emirates SkyCargo and United Cargo signed a Memorandum of Understanding (MoU) that follows on the heels of the new broader historic commercial agreement between two of the largest global airlines. This coordination will deliver benefits to air freight customers of both Emirates Skycargo and United ...
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