Business
J.B. Hunt Transport Services Inc. and BNSF Railway Co. (BNSF) are launching a joint effort to substantially improve capacity in the intermodal marketplace while also meeting the expanding needs of current customers.Demand for intermodal services has grown significantly in recent years as companies look to secure capacity, while reducing costs and their carbon footprint. Based on current and projected trends, J.B. Hunt plans to grow its intermodal fleet to as ...
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To contribute with a clear demand signal and catalyze the transition to sustainable green steel, A.P. Moller – Maersk has decided to join Climate Group SteelZero, a global initiative which brings together leading organizations to accelerate the transition to a net zero steel industry, in ...
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The Port of Virginia’s® cargo operations remained fluid in March having handled more than 314,000 TEUs, nearly 47% of which was loaded imports.“In terms of overall volume, this March ranks as the fourth most productive month in our history,” said Stephen A. Edwards, CEO and ...
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Air Canada Cargo announced that it has selected CargoAi’s eBooking & eQuote platform for freight forwarders as it continues to invest in its digital transformation.
“We continue to invest in our digital transformation, which is a key pillar of Air Canada Cargo’s strategy as it continues ...
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Bolloré Group signed an agreement on April 1 to sell 100% of Bolloré Africa Logistics to the MSC Group. The sale comprises of the Bolloré Group's transport and logistics activities in Africa, on the basis of an enterprise value, net of minority interests, of 5.7 ...
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As a result of their long-term partnership, CHAMP Cargosystems and Air Cargo Belgium have launched an innovation platform - powered by CHAMP - to support innovation within the air cargo community.The new platform, which debuted March 13, 2022 at the Air Cargo Belgium Innovation Forum ...
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Deutsche Post DHL Group has closed the acquisition of J.F. Hillebrand Group AG (Hillebrand) and its subsidiaries at an equity value of €1.5 billion. After obtaining all necessary regulatory approvals by the required antitrust authorities, the takeover has been consummated. The companies had already signed ...
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The Corpus Christi Ship Channel Improvement Project was included in President Joe Biden’s proposed Fiscal Year 2023 Budget under the U.S. Army Corps of Engineers (USACE) Coastal Navigation Construction category. The President’s recommended funding targeted project closeout appropriations of $157.3 million. Once approved by Congress, ...
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Aeroterm, a leading owner and developer of on-airport cargo facilities, has acquired two airport adjacent warehouses in Dorval, Quebec. Located less than 10 minutes from Montréal – Trudeau International Airport and offering a combined total of 220,860 square feet across 13.38 acres, the warehouses are ...
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GEODIS, announced that it has signed a binding agreement to acquire Keppel Logistics. The project will significantly increase GEODIS' Contract Logistics footprint and eCommerce fulfillment services in Singapore and Southeast Asia."The acquisition of Keppel Logistics will mark a key milestone in GEODIS' Asia-Pacific ambitions.” said ...
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