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Maersk delivered record results for Q1 2022 across its businesses, driven by higher rates and strong long-term partnerships with customers seeking end-to-end supply chain support. Revenue was up 55% to $19.3 billion. EBITDA more than doubled to $9.1 billion and free cash flow increased to $6 billion.
“In Q1 we delivered the best earnings quarter ever in A.P. Moller - Maersk with growth across Ocean, Logistics and Terminals. The increased earnings ...
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The Port of New Orleans (Port NOLA) recognizes its sixth annual Maritime Month May 1-31 and National Maritime Day on May 22 to pay tribute to the region’s rich maritime history and to honor the hardworking men and women of the local maritime workforce.“Maritime Month ...
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The Port of Palm Beach, along with consultants Moffatt & Nichol, are developing a new, strategic master plan that will pave the way for the future of the port.The port is embarking on a significant redevelopment and upgrading of intermodal facilities and other improvements funded ...
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Effective May 6, 2022, the Georgia Ports Authority will change empty container routing and storage procedures for the following shipping lines and container types:
• Yang Ming: 40HC – Empty return to C&C Maintenance, 487 Bourne Ave, 31408. (NOTE: This is a new Yang Ming depot)
• ...
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SeaPort Manatee and terminal operator LOGISTEC USA Inc., a subsidiary of LOGISTEC Corp., are further enhancing cargo-handling capabilities with the April addition of two new Konecranes Gottwald Generation 6 mobile harbor cranes at the thriving Florida Gulf Coast trade gateway.The pair of eco-efficient cranes arrived ...
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UWL, a top 10 American-owned NVOCC and leading provider of global 3PL services, has contracted with Swire Shipping, a multi-purpose liner service, to launch a new, exclusive express service, departing from Ho Chi Minh City and arriving at the Port of Seattle in 18 days. ...
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Canadian Pacific and Hapag-Lloyd announced on April 25 an additional call into Port Saint John, N.B., via a seasonal extra loader in another step forward for the growing Atlantic Canada port.This additional call follows their inaugural service call into Port Saint John in May 2021, ...
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A.P. Moller-Maersk has announced the completion of its acquisition of Pilot Freight Services, a leading U.S.-based international and domestic supply chain provider with cross-border solutions into Canada and Mexico. Pilot Freight Services will be rebranded to Pilot – A Maersk Company.Maersk sees the strategic and ...
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The first vessel in Mediterranean Shipping Company’s (MSC’s) Florida Gulf Feeder service made its inaugural call to the Jacksonville Port Authority on April 26.The Florida Gulf Feeder service calls the SSA Jacksonville Container Terminal (JCT) at JAXPORT’s Blount Island Marine Terminal bi-weekly. JAXPORT partner SSA ...
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The Port of Long Beach has completed construction of a new rail project that will increase efficiency of goods movement and reduce congestion on local roadways by shifting more cargo to trains.The Double Track Access from Pier G to Pier J Project adds a second ...
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