Feature
Hapag-Lloyd AG said a third-quarter rebound in demand and freight rates led to a significant increase in earnings for the German container shipping group.However, these results lag previous-year levels as expected, due to lower first-half 2024 freight rates and increased transport expenses from the rerouting of ships around the Cape of Good Hope to avoid the Red Sea, these results are below the prior-year level, as expected.Hapag-Lloyd concluded the first ...
[+]
DHL Supply Chain is deploying a suite of generative artificial intelligence applications to enhance its data management and analytics capabilities, aiming to provide greater insights and direct value for customers.Developed with the support of Boston Consulting Group, DHL Supply Chain said its strategic initiative marks ...
[+]
CMA CGM Group, French shipping and logistics company, said it delivered a “robust performance” in the third quarter, driven by sustained demand in maritime shipping amid disruption to major routes.Group revenue increased 38.5 percent to US$15.8 billion in the quarter ended Sept. 30, driven mainly ...
[+]
Shipyards’ deliveries of container ships reached a new annual record just 10 months into 2024, said BIMCO, the organization for ship owners, charters, brokers and agents.The 410 ships delivered with combined capacity of 2.5 million 20-foot equivalent units bettered the previous high of 2.3 million ...
[+]
Ports in New York, New Jersey, California, Georgia, Texas, Pennsylvania, the Pacific Northwest and Puerto Rico were among 55 successful applicants receiving nearly US$3 billion through the U.S. Environmental Protection Agency’s Clean Ports Program.Funded through the Biden-Harris administration’s Inflation Reduction Act, these grants will improve ...
[+]
The Port of Los Angeles has been awarded a US$412 million grant from the U.S. Environmental Protection Agency’s Clean Ports Program to support the zero-emission transition at the nation’s busiest trade gateway.The port and its private sector partners will match the EPA grant with an ...
[+]
The Port of Baltimore will receive more than US$147 million in U.S. Environmental Protection Agency Clean Ports Program funding to expedite decarbonization and electrification efforts at the port.The Maryland Port Administration and private partners will use the funds to purchase 213 pieces of new zero-emission ...
[+]
Global ocean container supply chains experienced record-high carbon emission in the third quarter of 2024, due to the ongoing impact of conflict in the Red Sea, spiraling freight rates and congestion, according to Xeneta, the ocean and air freight rate benchmarking and market analytics platform.
...
[+]
North American supply chain solution provider J.B. Hunt Transport Inc. and UP.Labs have established the Logistics Venture Lab, to explore innovation in transportation and mobility.The logistics and freight-focused lab aims to launch as many as six startups over the next three years to solve core ...
[+]
FedEx Corp. recently transported six giant pandas between Atlanta and Chengdu, China, aboard a FedEx Boeing 777-F, dubbed the “FedEx Panda Express.”Four giant pandas departed Hartsield-Jackson Atlanta International Airport, on Oct. 12, and arrived at the Chengdu Research Base of Giant Panda Breeding on Oct. ...
[+]
« Back
More »
