French shipping group CMA CGM is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on Tuesday.For Bollore a deal would mean cutting ties with its biggest business while offering cash-rich CMA CGM a chance to bolster its bid to offer end-to-end transportation services and supply chain management.The business posted more than 7 billion euros in revenue last year and has 15…
The U.S., Saudi Arabia, India and other nations are discussing a possible infrastructure deal that could reconfigure trade between the Gulf and South Asia, linking Middle Eastern countries by railways and connecting to India by port, according to U…
Paulo Sousa, the president of Cargill's unit in Brazil, said companies should continue making investments in logistics to help Brazil, the world's largest exporter of commodities like soybeans, coffee and sugar, to store and move its agricultural products more efficiently…
Kazakhstan is in talks with Abu Dhabi Ports to set up a joint venture that would help ship Kazakh agricultural exports via Iran and then Gulf ports, the Central Asian nation's government said on Monday.Kazakhstan, a significant exporter of agricultural commodities such as grains and oilseeds…
APM Terminals Pipavav announced it handled 206 trains in July 2023, its highest count for any month this year.Of these, the reminal loaded 166 double stack (DS) trains, surpassing the port's own previous record of loading 157 double stack trains in 2020…
The COVID-19 pandemic put a spotlight on the importance of global supply chains. Many Canadians, most of whom had never thought about the details of how a shipment made its way from origin to destination suddenly found themselves acutely aware of how critical efficient…
Canada's Minister of Transport, Omar Alghabra, announced an investment of up to $12.5 million to the Essex Terminal Railway Company, from the National Trade Corridors Fund, for a Cargo Terminal Infrastructure Expansion project at the Port of Windsor…
A shift to coastal shipping and rail could cut NZ’s freight transport emissions – why aren’t we doing it?According to a recent study, coastal shipping produces a fifth of the carbon emissions (well-to-wheel) of road freight. Rail also performed well…
Crowley announced it will launch an end-to-end, integrated ocean and rail service between Mexico and the U.S. Midwest region and into Canada. Featuring Crowley’s new Mexico-U.S. ocean route in the Gulf, the service will leverage the inland rail network of Canadian National Railway Company and its U…
Logistics company DFDS is launching a new fleet of 20 electric trucks in Gothenburg. This is the single biggest delivery of heavy electric trucks in the Nordic region. Together with an additional 30 electric trucks that are to be delivered later…
The Port Authority of Valencia (PAV) has put out to tender the remodelling of the East dock track yard of the Port of Valencia for the development of a rail motorway. Specifically, the aim of this project is the execution of the civil works…
Port of Antwerp-Bruges has introduced the new Ketenis free truck parking facility, which has 280 parking spaces and will also host fast chargers for electric trucks in the near future.After truck parking Goordijk (210 spaces) on the right bank of the Scheldt…
DP World is investing £12 million in two new Rail Mounted Gantry (RMG) cranes at London Gateway to meet growing demand for rail connections from customers at the logistics hub, which will increase its capacity by a third when a new fourth berth opens next year…
South Carolina Ports celebrates the five-year anniversary of Inland Port Dillon with record number of containers handled at the rail-served inland port in March.“It was five years ago — almost to the day — that we were here opening this facility…
The Containerization and Intermodal Institute (CII) has elected Jahan Byrne, Director of Corporate Marketing at Matson Logistics, to its Board of Directors.Byrne has over 28 years of industry experience and currently oversees the global branding and marketing operations for Matson Logistics…
