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Hapag-Lloyd hasl unveiled its Strategy 2030, a comprehensive roadmap charting the course for the company's pursuit in quality leadership, sustainability, innovation, and operational efficiency in a rapidly evolving maritime industry.Over the past five years, the company has made significant progress in customer satisfaction, financial stability, and market expansion, particularly in key growth regions such as India and Africa.Building on the momentum of Strategy 2023, which sought to position Hapag-Lloyd as ...
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The U.S. Department of Transportation’s Federal Aviation Administration has awarded another round of funding for 90 airport-related infrastructure grants, totaling US$186.7 million across 34 states.The projects are funded under President Biden’s Bipartisan Infrastructure Law Airport Infrastructure Grants (AIG) program, part of the US$25 billion total ...
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The Port of Brownsville has secured the first tenant, Westa Inc., at the port’s new 118-acre business park.Westa Inc., a major player in the agricultural industry, will invest US$20 million to establish an advanced wheat flour mill and wheat storage silos at the Port of ...
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Maryland’s Department of Transportation said May 2 that it estimates it will cost US$1.7 billion to US$1.9 billion to rebuild Baltimore’s collapsed Francis Scott Key Bridge, which was struck by a container ship in March.The state DOT said the estimate “is in line with similar ...
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Stevedoring, marine services and logistics provider Associated Terminals’ management group has purchased S.H. Bell Co. and its subsidiaries.S.H. Bell, founded in 1933, will continue to operate independently in its existing trade and under its name, and the management team will remain in place to manage ...
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Project heavy-lift carrier AAL Shipping in April celebrated the 10-year anniversary of AAL Americas, its Houston-based unit, which provides services in the Pacific trade to and from Asia, and transatlantic services to Europe and the Middle East.AAL Americas, which has moved its headquarters to Woodlands, ...
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Global logistics provider GEODIS recently completed a complex air cargo transport to Colombia, and has contracted to provide inbound logistics for Canada’s National Shipbuilding Program.GEODIS’s Colombian just-in-time logistics operation featured oversized thermocompressors via Antonov AN-124, the world’s largest cargo aircraft. The move required transporting 249 ...
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The owners of the Dali, the 9,971-TEU containership that lost power struck the Francis Scott Key Bridge in Baltimore harbor, have declared “general average,” according to a spokesperson for vessel owner Grace Ocean Private Ltd.General average is a principle in maritime law in which all ...
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The Galveston Wharves Board of Trustees on April 23 approved a US$29.9 million construction contract to begin the first phase of an estimated US$90 million in cargo infrastructure expansion and improvement work at Galveston’s West Port Cargo Complex. Texas Gulf Construction Co. Inc. is expected ...
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A former U.S. attorney general is suing California over its Advanced Clean Fleets, or ACF, regulation, which requires fleets to transition to zero-emission trucks for draying, beginning this year.William Barr operates as chair of AmFree, the American Free Enterprise Chamber of Commerce’s Center for Legal ...
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