Business
An international trade boom is exploding at the Port of Oakland. The Port reported all-time high container volume for import and export cargo in the month of March. It said there’s no sign of the global surge in business activity abating any time soon.
“Ships are full, ocean freight rates are sky high and the need for empty containers to ship more cargo is never-ending,” declared Port of Oakland Maritime Director ...
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Saudia Cargo and leading e-booking platform cargo.one have entered into a distribution agreement to provide customers across the board with first class digital booking experience. Freight forwarders will be able to book Saudia Cargo’s real-time quotes on cargo.one within a matter of seconds and with ...
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The Port of Virginia® in March set a new record for monthly TEU volume having handled nearly 280,000 TEUs and processing the volume with fluidity.
March’s record TEU volume was more than 60,000 TEUs ahead of March 2020 and was driven by heavy loaded import ...
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Close collaboration between senior leadership in operations and strategy at Airspace has led to the introduction of a new strategic approach and expanded service lines within key verticals. Chief Operating Officer Ben Kozy and Senior VP of Strategy Alex Coates are collaborating to form a ...
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CMA CGM has launched the first low-carbon shipping offer by choosing biomethane. With biomethane, a non-fossil energy, CMA CGM provides customers with a new and immediately available solution, bringing the Group a step closer toward carbon neutrality. The solution translates to 12,000 tonnes of biomethane, ...
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GEODIS, a leading global logistics provider, has partnered with Phantom Auto, experts in long-range remote operation software for unmanned vehicles, to develop a forklift truck that can be controlled from a distance. This innovative program is aimed at improving comfort and safety, and creating job ...
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The New York Shipping Exchange (NYSHEX), a neutral, container shipping contracting solution that enables two-way shipper-carrier commitments, announces that adoption of NYSHEX contracting grew over 200% in 2020 due to the evolution of its industry leading digital contract model. Growth was particularly strong in the ...
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Pilot Freight Services, a worldwide transportation and logistics services provider backed by ATL Partners and British Columbia Investment Corporation (BCI), has acquired DSI Logistics, a Brea, California-based provider of last-mile home delivery and installation for heavy and hard to handle goods. The transaction closed on ...
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United Parcel Service is taking package delivery to new heights, literally, with the purchase of 10 electric vertical takeoff and landing aircraft from Beta Technologies. UPS said it will test the eVTOLs for use in its Express Air delivery network, focusing on small and medium ...
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Through a pandemic-ridden year, the Top 1000 online retailers still managed to grow an astonishing 45.8%, reports Digital Commerce 360 Research. But the Top 500 remains the best of the best—growing a percentage point higher than the Top 1000 and accounting for $853 billion of ...
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