Freight News
Global air cargo continued its positive start to 2024 with a second consecutive month of double-digit growth in February, according to Xeneta’s weekly marketing analysis.Air freight’s January’s 11 percent volume growth saw similar improvement in February for airlines and freight forwarders, with demand increasing more than 11 percent year-over-year.The improved volumes, despite it being a slower time for air freight volumes, resulted in an average global spot rates rising 2 ...
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The Port of South Louisiana, or PortSL, has experienced a remarkable upturn in its fourth quarter results, revealing a surge of nearly 10 million short tons of cargo and a 3.7 percent increase in 2023 cargo.It marked the second substantial annual increase for the second-largest ...
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Rhenus Port Logistics in Rotterdam and Seaway7 said they have extended their partnership with a new 10-year contract.Already with 10 years under their belts, the companies have pledged to advance sustainability of their operations, through initiatives such as the use of electric cranes and forklifts, ...
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Ocean Network Express and Taiwan-based Yang Ming said they will introduce a transpacific service in February 2025.Japan-based ONE said it will deploy 16 weekly transpacific services, with an emphasis on end-to-end direct services and high schedule reliability. Yang Ming said it will participate in 13 ...
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J.B. Hunt Transport Services Inc. has named Shelley Simpson as president and CEO of the company, and has nominated her to serve on the company’s board of directions, effective July 1.Simpson is the first woman to serve in the top position at J.B. Hunt, a ...
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By Tracy Meetre
In the fast-paced realm of the transportation industry, where technology often takes center stage, it's easy to overlook the fundamental importance of personalized customer service. Yet, in an industry built on relationships and trust, high-touch service remains not only relevant but imperative for ...
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The Gemini cooperation agreement between Maersk and Hapag-Lloyd will rely heavily on a small number of transshipment hubs to support its new hub-and-spoke network, according to Drewry’s latest quarterly Ports and Terminals Insight report.While several of the terminals within the planned network reflect world-class operational ...
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Global express shipper DHL Express has signed a strategic partnership with Standard Chartered, a cross-border bank, for DHL Express’ GoGreen Plus service to help scale the use of sustainable aviation fuel, or SAF.The two organizations agreed to co-invest in SAF, allowing Standard Chartered to balance ...
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The President and CEO of the Montreal Port Authority (MPA) announced changes to the management structure to allow the organization to achieve its strategic ambitions and solidify relationships with clients and partners in the ecosystem, as well as enable the Port of Montreal to play ...
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Hong Kong Air Cargo Terminals Limited (Hactl) has launched a voluntary Green Terminal Pact (GTP) to encourage its SuperTerminal 1 tenants to reduce carbon footprint and create an environmentally-conscious workplace.
It will also help them prepare for Hong Kong’s Municipal Solid Waste (MSW) Charging Scheme. Hactl ...
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