Archives



Business

JAXPORT, Trailer Bridge reach long-term lease agreement

The Jacksonville Port Authority (JAXPORT) Board of Directors unanimously approved a long-term, $62 million agreement with Blount Island terminal operator Trailer Bridge. A Jacksonville-based company, Trailer Bridge provides twice-weekly barge service between Jacksonville and Puerto Rico and serves as a full-service logistics provider in the domestic and international trade.Under the agreement, which takes effect at the end of 2023, Trailer Bridge will remain at Blount Island through at least 2041, ... [+]

Forwarders must prepare for airfreight volume demand

Airforwarders Association members can rise to the challenge of an impending surge in demand for US air cargo capacity through better communication, Brandon Fried, Executive Director, Airforwarders Association told members of the Los Angeles Air Cargo Association (LAACA) recently. The capacity crunch will be driven by ... [+]

IAG Cargo renews for CHAMP’s Traxon cargoHUB service

IAG Cargo (IAG) and CHAMP Cargosystems have extended their partnership for access to the largest air cargo community platform, Traxon cargoHUB. The carrier group will continue to work with CHAMP on services for access to its vast global network of freight forwarders.IAG Cargo, which is ... [+]

Port of Galveston explores cargo opportunities with Panama

A delegation of Texas port leaders and Rodger Rees, Galveston Wharves port director and CEO, recently traveled to Panama with to explore growth opportunities.The U.S.-Panama Business Council organized the trade mission June 13-14 so that high-level Panamanian government, business and canal leaders could meet with ... [+]

Port of Oakland May 2022 container stats

Port of Oakland import cargo volume increased last month despite continuing global supply chain woes. The drivers – longstanding customers who are committed to moving goods through the Port of Oakland and ocean carrier services returning to the Northern California seaport.The Port said May full ... [+]

Bolloré Logistics partners with IAG Cargo

IAG Cargo reports that it has supported Bolloré Logistics to reduce its CO2 supply chain emissions by purchasing one million liters of sustainable aviation fuel (SAF). The SAF will be delivered in two shipments, in July 2022 and November 2022 and will reduce approximately 2,400 ... [+]

Grimaldi Group takes delivery of the Eco Mediterranea

Chinese Jinling shipyard (Nanjing) recently delivered the Eco Mediterranea, the tenth of 12 vessels ordered belonging to the Grimaldi Green 5th Generation (GG5G), which includes the largest and most eco-friendly ro-ro units in the world for short sea shipping.This is the tenth hybrid ro-ro vessel ... [+]

Halifax Port Authority issues RFEOI

The Halifax Port Authority (HPA) is reviewing the operating model for a portion of Richmond Terminals in relation to general cargo operations. This includes berths 9B and 9C, and the areas including shed space behind those berths (Shed 9B).The HPA's goal is to identify experienced ... [+]

DB Schenker, USA Truck Combine

DB Schenker announced an agreement under which DB Schenker will acquire all outstanding shares of USA Truck common stock for $31.72 per share in cash. The transaction values USA Truck at approximately $435 million, including assumed cash and debt. The combination advances DB Schenker and USA ... [+]

IAG Cargo launches a new route to Portland

IAG Cargo has launched a new direct service from London Heathrow to Portland as well as restarting flights to Pittsburgh for the first time since March 2020. The brand-new service to Portland operates five times a week and is the only non-stop connection between Oregon and the ... [+]

More »