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Trailer Bridge Inc. said Oct. 8 it has agreed to sell its logistics division – responsible for the company's domestic brokerage and intermodal moves – to ATS Logistics Services Inc. (ATSL), effective Nov. 1.
Trailer Bridge leadership said it is “a strategic decision by to realign its focus on the company’s asset-based services within the Puerto Rican trade lane, expand its government support services, and grow its international freight forwarding business,” ...
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Retail sales slowed on a monthly basis in September after a busy summer, but year-over-year increases remain strong as retailers prepare for the holiday season, said the National Retail Federation.
According to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, total retail sales, excluding automobiles and ...
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BIMCO said it has adopted a Methanol Annex to its Bunker Terms 2018, the latest addition to the Danish international shipping association’s portfolio of contracts and clauses that support the maritime industry’s transition towards alternative fuels and decarbonization.
The annex, adopted by BIMCO’s documentary committee, provides ...
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Hapag-Lloyd and Shell Western LNG B.V. (Shell) have signed a multi-year agreement for the supply of liquefied biomethane starting with immediate effect. The agreement builds on a strategic collaboration established in 2023 to accelerate the decarbonization of alternative marine fuels.
Biomethane, also known as Bio-LNG, plays ...
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The Port of New Orleans, or Port NOLA said its Louisiana International Terminal project became the first new project in the U.S. and Louisiana to register with the Envision Sustainable Infrastructure Framework project.
Port NOLA said it registered LIT with the globally recognized framework to standardize ...
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The International Air Transport Association, or IATA, and carbon market stakeholders are calling on governments worldwide to urgently address the limited supply of carbon credits available for airlines to fulfill their carbon compliance.
Airlines face these obligations under the Carbon Offsetting and Reduction Scheme for International ...
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Hapag-Lloyd and DHL Global Forwarding, in joint efforts to decarbonize supply chains, signed a three-year framework agreement for the purchase of Scope 3 greenhouse gas emission reductions from the use of sustainable marine fuels within the ocean carrier’s fleet.
As part of this agreement, the first ...
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DP World, a global logistics and supply chain supply chain giant, agreed to a 10-year extension of its long-term agreement with shipping line Hapag-Lloyd for operations at the Port of Santos.
To meet growing demand, DP World advances its port capacity expansion plan to enable the ...
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CSX Corp. said Sept. 29 it has named former Linde CEO Steve Angel as president and CEO, and a member of the board. He succeeds Joe Hinrichs, who has departed from the company after three years at the helm.
Angel, with more than 45 years of ...
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Titan Aviation Leasing, the joint venture between Titan Aviation Holdings Inc., a subsidiary of Atlas Air Worldwide, and Bain Capital, have acquired two converted Airbus A330-300 passenger-to-freighter aircraft from Airbus Financial Services.
Both aircraft are now on long-term lease with mas, a Mexico-based cargo carrier based. ...
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