Hapag-Lloyd, ONE roll out emissions-cutting projects New green services from ocean carriers are being offered to the market as transport providers focus efforts on meeting industry decarbonization targets. Hapag-Lloyd, ONE roll out emissions-cutting projects Journal of Commerce
Read More →Accelerate cuts in transport emissions or miss climate targets: ITF report
on May 24, 2023in Industry News
Accelerate cuts in transport emissions or miss climate targets: ITF report When the rise in demand for global transport is factored in, current measures to reduce CO2 emissions will be insufficient to meet Paris Agreement climate change goals, according to the biannual outlook. Accelerate cuts in transport emissions or miss climate targets: ITF report Journal […]
Read More →Geodis acquires South Florida-based drayage carrier
on May 23, 2023in Industry News
Geodis acquires South Florida-based drayage carrier Geodis has acquired Southern Companies, a South Florida-based container drayage provider, the latest in a series of trucking and warehousing acquisitions in the US over the last two months. Geodis acquires South Florida-based drayage carrier Journal of Commerce
Read More →Port of Philadelphia cargo incentive receives state funds through mid-2024
on May 23, 2023in Industry News
Port of Philadelphia cargo incentive receives state funds through mid-2024 Relative to other US East Coast ports that saw high import volumes in 2022 due to diversions from West Coast ports, PhilaPort saw more modest inbound growth. Port of Philadelphia cargo incentive receives state funds through mid-2024 Journal of Commerce
Read More →PSA inks China-Europe ‘middle corridor’ deal with Kazakhstan Railways
on May 23, 2023in Industry News
PSA inks China-Europe ‘middle corridor’ deal with Kazakhstan Railways The Singapore-headquartered terminal operator has extended its reach deeper into the landside business, targeting the growing Central Asia rail freight market. PSA inks China-Europe ‘middle corridor’ deal with Kazakhstan Railways Journal of Commerce
Read More →High utilization spurs Zim to upsize Asia-USEC vessels
on May 23, 2023in Industry News
High utilization spurs Zim to upsize Asia-USEC vessels The Israel-based carrier is adding larger ships powered by liquefied natural gas to the Asia-US East Coast trade to capture sustained demand and lower unit costs. High utilization spurs Zim to upsize Asia-USEC vessels Journal of Commerce
Read More →Top 100 Importer/Exporter Rankings: US trade flows returning to pre-pandemic patterns
on May 23, 2023in Industry News
Top 100 Importer/Exporter Rankings: US trade flows returning to pre-pandemic patterns This latest annual Journal of Commerce Top 100 Importer and Exporter rankings underscore the impact of softer US and global economies that depressed demand for goods domestically and abroad, weakening consumer confidence and high inflation, and a major shift in the timing of imports […]
Read More →Late US produce season boosting spot reefer truckload rates
on May 22, 2023in Industry News
Late US produce season boosting spot reefer truckload rates Pricing for refrigerated (reefer) truckload service is shooting up along the US-Mexico border and outbound from California, in some cases by more than 20 cents per mile from April’s averages, as fruit and vegetable crops start moving to market. Late US produce season boosting spot reefer […]
Read More →Wan Hai adds new India-US transshipment option via Colombo
on May 22, 2023in Industry News
Wan Hai adds new India-US transshipment option via Colombo Taiwan-based Wan Hai is adding a call to Colombo, a busy transshipment hub for Indian exporters, on its AA7 loop between Asia with the US East Coast. Wan Hai adds new India-US transshipment option via Colombo Journal of Commerce
Read More →Zim reports first loss since early 2020
on May 22, 2023in Industry News
Zim reports first loss since early 2020 A deteriorating container shipping market made the first quarter one to forget for the Israel-based carrier, but its full-year outlook remains positive. Zim reports first loss since early 2020 Journal of Commerce
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