As part of its commitment to transition to zero-emissions operations, the Port of Long Beach will use a $5.3 million grant from the California Air Resources Board (CARB) to deploy hydrogen- and electric-powered cargo-handling equipment at two shipping terminals.
Profit-making idea: Capitalising on blockchain technology in Africa
Mastering the use of blockchain technology in Africa.
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U.S. rail carload and intermodal volumes see gains for week ending July 14
This was ahead of the 240,154 carloads for the week ending July 7, which was likely impacted by the July 4 holiday and ahead of the week ending June 30 at 270,916.
CMA CGM Buys Stake in CSP Zeebrugge Terminal
French container carrier CMA CGM announced Friday it has acquired from CHINA SHIPPING Ports Development Co. Limited, a wholly-owned subsidiary of COSCO Group, a 10 percent equity interest in CSP...
Baltic Index Rises on Higher Capesize Rates
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Friday on higher capesize rates.* The overall index, which factors in rates for...
U-Freight welcomes wco publication of of global standards on e-commerce
The U-Freight Group (UFL), with its considerable involvement in e-commerce logistics, has welcomed the recent publication by the World Customs Organization (WCO) of guiding principles for...
Sales rise at K+N
Sales were up 14 per cent at Kuehne+Nagel in the first of 2018 topping CHF10 billion, while EBIT was up 11 per cent at CHF501m. The biggest profit boost came in the airfreight business – EBIT was...
Silk Way West Airlines pursues strategic co-operation with JAL Cargo
Japan’s JAL Cargo will access freighter capacity operated by Silk Way West Airlines under a co-operation agreement signed by the two carriers. JAL Cargo, which no longer operates its own...
1H 2018 in Supply Chain in Numbers and Charts
We Look at the Economy, US Manufacturing, Freight Rates, Oil Prices and More
DP World, China Signs Agreement to Boost International Trade
An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed...
Zim, Maersk, MSC sign co-operation pact on Asia-U.S. East Coast trades
Partnership teams Zim with 2M Alliance members.
Baltic Index Down on Lower Capesize Rates
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday for a second straight session, on lower rates for capesize vessels.* The...
Boeing says sold 528 planes at Farnborough
Boeing Co said on Thursday it had won 528 new orders and commmitments at the Farnborough Airshow this week, buoyed by demand for freighters as air cargo markets rebound.
K+N sees airfreight volumes grow ahead of the market in Q2
Kuehne+Nagel (K+N) recorded an above market increase in airfreight volumes in the second quarter of the year, while overall group profits were also on the rise. The Switzerland-based freight...
Yang Ming Marine Transport Upgrade China-Indonesia Service
Taiwanese ocean shipping company Yang Ming Marine Transport Corp. (YM) will upgrade its China to Indonesia Service (CTI service).Four container vessels of nominal 4,250TEU will be deployed for...
DP World Acquires India's Continental Warehousing
Hindustan Infralog (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announced that the transaction to acquire 90% stake in Continental...
CSX Announces Record Second Quarter 2018 Financial Results
CSX rises after stunning Wall Street with rail-efficiency gains including second-quarter operating ratio setting a U.S. record as costs fall and cargo demand for coal and consumer goods fuel sales...
Rail Traffic for the Week Ending July 14, 2018
For this week, total U.S. weekly rail traffic was 559,064 carloads and intermodal units, up 5 percent compared with the same week last year.
CMA CGM Selects BIO-SEA BWMS for 17 Containerships
CMA CGM, one of the world’s largest container carriers with a fleet of 454 vessels, has contracted France-based BIO-UV Group to supply its BIO-SEA ballast water treatment systems to 17...
BoxTech database exceeds 11m containers following HMM fleet upload
Container line HMM (Hyundai Merchant Marine) is the latest global carrier to join the BoxTech Global Container Database, making details of more than 11 million units in total available to...
Volga-Dnepr and CLA ink strategic deal with Liege airport
Volga-Dnepr Group (VDG) and strategic partner CargoLogicAir (CLA) have inked a Memorandum of Understanding on strategic cooperation with Liege Airport in Belgium. The aim is to strengthen their...
Zippel setzt auf Kombinierten Verkehr: Plaß tritt im DSLV für Intermodalverkehre ein