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Maersk A/S (Maersk), an entity under A.P. Moller - Maersk, and Hapag-Lloyd AG launch their operational collaboration Gemini Cooperation on Feb. 1.The container line giants intend to deliver a flexible and interconnected ocean network with schedule reliability above 90 percent once fully phased.About 340 vessels will be phased in and be a part of Maersk and Hapag-Lloyd’s shared ocean network with the first sailings taking place on Feb. 1, and ...
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Port Everglades enjoyed healthy increases in cruise, cargo and petroleum volumes during its 2024 fiscal year, resulting in record revenues for the Broward County, Florida port.For the quarter ended Sept. 30, 2024, Port Everglades earned a record US$215.7 million in revenue, up 18 percent from ...
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The Port of Los Angeles has appointed Jeffrey Strafford as chief financial officer and Artie Mandel as director of government affairs
Strafford, a long-time City of Los Angeles employee, will oversee the port’s financial affairs, including accounting, debt and financial analysis, and financial planning ...
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The Northwest Seaport Alliance of Seattle and Tacoma saw international container volume jump 32.9 percent in November 2024, compared with the year-earlier result.
Container volume (international and domestic) for November reached 290,210 20-foot equivalent units, or TEUs, growing 25.7 percent compared to November 2023. ...
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JB Hunt Transport Services’ Q4 Results Mixed
J.B. Hunt Transport Services Inc. reported fourth quarter net income of US$155.5 million, compared to net earnings of US$153.5 million in the fourth quarter 2023.Operating revenue for the Lowell, Arkansas-based intermodal service provider was US$3.15 billion in the fourth ...
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The U.S. Department of Transportation, or DOT, and the Federal Highway Administration, FHWA, said on Jan. 10 that it was awarded the Port of Houston Authority nearly US$25 million in grant funding to construct and operate a hydrogen fueling station for heavy-duty trucks.The project is ...
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Sean Duffy was confirmed Jan. 28 as U.S. Transportation Secretary, who has been tapped by President Donald Trump to cut transportation regulations and address the nation’s infrastructure, AP reported.A former Wisconsin congressman and reality TV star, Duffy, 53, garnered bipartisan approval, with a 77-22 Senate ...
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Trailer Bridge Inc. said it has been selected by the Naval Supply Systems Command for a five-year, multi-award, indefinite-delivery/indefinite-quantity contract for the U.S. military.
Trailer Bridge is one of 86 companies worldwide awarded the contract for the Worldwide Expeditionary Multiple Award Contract 2.0. WEXMAC 2.0 ...
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The Ocean Alliance shipping network, or OA, has announced its 2025 project lineup, effective in April, which includes three additional services and heavy emphasis on transpacific services.OA member carrier OOCL released the alliance’s updated schedule, or “Day 9 products,” on Jan. 12. Other alliance members ...
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Galveston Wharves Port Director and CEO Rodger Rees said the Gulf port needs an update to its 20-Year Strategic Master Plan, which was adopted in 2019.“The comprehensive plan has been our roadmap for major capital projects to grow our business while managing potential community impacts,” ...
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