Business
At a recent Georgia Ports Authority Board meeting, Executive Director Griff Lynch detailed actions that will expedite the completion of 1.6 million twenty-foot equivalent container units in annual capacity.
“Through ingenuity and teamwork, GPA has put into place what amounts to the largest current expansion for a port operation in North America,” said Georgia Gov. Brian Kemp. “It’s a testament to the leadership and forward thinking at America’s most efficient gateway ...
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The Port of Rotterdam Authority and the municipality of Rotterdam want shore-based power to be available in the container, cruise, and liquid bulk sectors. To this effect, studies have commenced at the terminals of Hutchison Ports ECT Rotterdam (ECT), APMT2, Vopak, and Cruiseport Rotterdam.These companies ...
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Oakland International Airport (OAK) will receive $15.4 million from the Department of Transportation as part of the Infrastructure Investment and Jobs Act passed by Congress last month. These funds will be used for projects related to environmental sustainability, passenger amenities and security upgrades.OAK is working ...
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KlearNow, the smart Logistics as a Service (LaaS) pioneer founded in 2018, raised $50M in new capital to transform broken supply chains—simplifying and providing real-time cargo visibility to the customs clearance and drayage processes. KlearNow’s AI-powered platform eases the worldwide supply chain disruptions that have ...
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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 ...
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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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