Business
Bolloré has received an offer from MSC for the purchase of Bolloré Africa Logistics. Bolloré has granted an exclusivity to the offer,The Bolloré Group announces that it has received an offer from the MSC Group, a major player in container transport and logistics, to acquire 100% of Bolloré Africa Logistics, comprising all of the Bolloré Group's transport and logistics activities in Africa, on the basis of an enterprise value, net ...
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As indicated in the latest HKTDC Export Index conducted in mid November, the resurgence of Covid-19 remains a major concern for many Hong Kong exporters, with 87.0% indicating their businesses had been negatively affected, a significant 20.4 percentage point rise from the previous quarter. Some ...
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Maersk has reached an agreement to acquire LF Logistics, a Hong Kong-based contract logistics company, with premium capabilities within omnichannel fulfilment services, e-commerce, and inland transport in the Asia-Pacific region.The transaction comes at a price tag of $3.6 billion.“The acquisition of LF Logistics is an ...
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Port of Oakland clean energy efforts are getting a $5.2 million boost from the federal government, the Port said today. It’s receiving grant funds from the Maritime Administration (MARAD) for electrical power upgrades. The grant bolsters the Port’s vision of eliminating emissions from maritime operations.“We’ve ...
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A.P. Moller - Maersk enters strategic partnership with Unilever on international logistics
A.P. Moller - Maersk (Maersk) recently announced the signing of an international freight supply chain management partnership with Unilever effective from 2022.The four-year agreement will see the development and management of Unilever’s International Control ...
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FedEx Express, a subsidiary of FedEx Corp. and the world’s largest express transportation company, completed a major expansion of its air cargo hub located at Miami International Airport in mid December. The expansion will increase capacity and capabilities at the company’s Americas gateway, which connects ...
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By extending their partnership with CHAMP, Cargospot will remain the IT keystone of JAL’s cargo business, enabling the airline to take advantage of the solution as it continues to evolve for the benefit of CHAMP’s large and growing customer community. JAL’s operation of Cargospot will ...
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Amid unprecedented disruptions to global trade caused by the COVID-19 pandemic, the Port of Long Beach is partnering with UNCOMN, a leading U.S. technology consulting firm, to launch the "Supply Chain Information Highway," a free-to-stakeholders cargo visibility service software. The software will help shippers make ...
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Import cargo volume is growing again at the Port of Oakland. The Port said that containerized imports jumped 6.5 percent in November, compared to November 2020 totals. For the first 11 months of 2021, Oakland imports are up nearly 8 percent.Increased cargo activity is welcome ...
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Avatour, the world’s only immersive remote collaboration platform for site meetings, announced that it is partnering with DB Schenker to help the logistics leader enable a true alternative to travel with virtual warehouse tours, offering a 360° perspective with real-time video.“The partnership with Avatour offers ...
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