Business
The container logistics company A.P. Moller - Maersk (Maersk) signed an agreement on Monday 27 September 2021 to sell its reefer manufacturer, Maersk Container Industry (MCI), to China International Marine Containers Ltd. (CIMC), headquartered in Shenzhen, China and listed on the Shenzhen Stock Exchange and Hong Kong Stock Exchange.
MCI will become part of a market leading company in the container equipment industry. CIMC will take over MCI’s entire organization and ...
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CMA CGM announced on September 29, 2021 its first direct order for its air freight division CMA CGM Air Cargo. The company is ordering two Boeing 777 Freighters that will support the Group’s expansion into air freight market. These aircraft offer fuel efficient twin-engines with ...
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The Jacksonville Port Authority (JAXPORT) Board of Directors has unanimously awarded a $48.8 million construction services contract to Superior Construction Company LLC for terminal improvements to enable the SSA Jacksonville Container Terminal at Blount Island to accommodate more containers.
The construction contract covers the first seven ...
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Strong American consumer demand has continued unabated for more than a year, evidenced by the steady amount of cargo streaming through the Port of Los Angeles. In August, the Port of Los Angeles processed 954,377 TEUs, just shy of last August’s record of 961,833 TEUs.
Eight ...
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With tight trucking capacity and market volatility pushing more freight into the spot market, global logistics provider C.H. Robinson has launched Market Rate IQTM – a new tool that shows companies how their spot rates compare to a trusted third-party benchmark and breaks down where ...
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Through a competitive process based on merit, eligibility, and the availability of funds, the Port of Hueneme/Oxnard Harbor District was selected to receive a grant award totaling $5.1 million from the Economic Development Administration (EDA). This Department of Commerce's EDA investment will provide long-term infrastructure ...
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A cleaner, greener alternative source of power will soon be available for vessels working City Docks at the Port of Lake Charles. It’s the latest innovation by the new leadership team at the Port.
It’s shore power — a portside electrical connection that’s run to a ...
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Worldwide Flight Services (WFS), the world’s largest air cargo handler and one of the leading providers of ground handling and technical services, announces the acquisition of IAS Logistics DFW, LLC (d/b/a “Pinnacle Logistics”), a leading provider of cargo handling services in the United States. Financial ...
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The American Apparel & Footwear Association (AAFA) signed a memorandum of understanding in cooperation with the Kenya Association of Manufacturers (KAM). As the representatives of the apparel and footwear industry in both the United States and Kenya, the groups have agreed to collaborate on policy ...
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Amerijet International Airlines has appointed Exp-Air Cargo as its Cargo General Sales and Service Agent to represent its schedule across the ten provinces and three territories of Canada. Exp-Air Cargo will be providing full cargo sales, marketing, customer service and road feeder services connecting to ...
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