Intermodal News - page 6

 

Global Container Flows Struggle to Pick Up Speed, Data Shows

Feb 02, 2022

Efforts to speed up the movement of goods around the world have yet to solve the supply chain bottlenecks caused by surging demand for retail goods and pandemic-related lockdowns, the latest shipping data shows.Delays at U.S. major ports have been particularly severe…

Loadsmart Valuation Hits Over $1 Billion After Funding Round

Feb 01, 2022

Freight tech firm Loadsmart Inc said on Tuesday it was valued at $1.3 billion in its latest funding round, led by SoftBank Latin America Fund and funds managed by BlackRock Inc.The company raised $200 million in the Series D funding round from…

New Intermodal Facility Coming to Port of Mobile

Jan 31, 2022

The Alabama Port Authority board of directors recently approved a $2.042 million purchase of 272 acres in Montgomery, Ala., to construct an inland container intermodal transfer (ICTF) facility. The project will extend intermodal rail service…

CMA CGM to Buy Majority Stake in Delivery Firm Colis Prive

Jan 31, 2022

French shipping giant CMA CGM said it had struck a preliminary agreement to acquire a majority stake in French delivery firm Colis Prive, as it continues to build up its logistics business.CMA CGM is to buy 51% of Colis Prive from current owner…

Augusteijn Takes the Helm at Stolt Tank Containers

Jan 31, 2022

Stolt-Nielsen Limited appointed Hans Augusteijn as President, Stolt Tank Containers (STC), effective February 1, 2022.Augusteijn succeeds Michael W. Kramer, who will assume the role of Executive Vice President, Marketing and Business Development at Stolt-Nielsen Limited…

Container Shipping: Rates Dip in January, Fundamentals Strong says Xeneta

Jan 31, 2022

Long-term contracted ocean freight rates fell 3.6% in January, according to the latest Xeneta Shipping Index (XSI) Public Indices, the second consecutive monthly rates decline following 14 straight months of increases. Despite the recent stumble…

FMC Addresses Detention and Demurrage, and Data Initiatives

Jan 28, 2022

The Federal Maritime Commission met in both open and closed session today to be briefed on efforts to address detention and demurrage, improve supply chain data transparency, and an ongoing investigation of Canadian government regulations that affect U…

FMC Takes Action on Container Charges

Jan 26, 2022

On January 6, the Federal Maritime Commission announced an “Order of Investigation and Hearing” against Wan Hai Lines, Ltd, a vessel-operated common carrier (VOCC). The order charges that Wan Hai failed to “establish, observe, and enforce just…

Heavy Lift: Liebherr logs a strong 2021; All-Electric Trend is "Clear"

Jan 26, 2022

Liebherr reports that it had a record year in 2021 in its maritime mobile harbor crane business, logging an order intake volume of 80+ new units, a record level for the company.Including additional sales of used units, Liebherr mobile harbor cranes were ordered from 31 different countries…

Port of Virginia Orders Three More Rail-mounted Gantry Cranes

Jan 19, 2022

The Port of Virginia in the USA has ordered three Konecranes Rail-Mounted Gantry (RMG) cranes for its Norfolk International Terminals (NIT) facility. The cranes will be delivered by the end of 2023.The order was booked in November 2021, and…

Major POLB Rail Project Still In Check

Jan 18, 2022

Whatever happened to the $820 million Port of Long Beach “Pier B On-Dock Rail Support Facility Project?” Well, as a concept, it’s still out there. You can get something of an update from the federal Permitting Dashboard but the project documents…

The Big Challenges for Supply Chains in 2022

Jan 17, 2022

In the run-up to Christmas, there was considerable anxiety about shortages of festive food and gifts. Trade friction was already at the core of the Brexit debate, and supply chain issues have been made much worse by the COVID-19 pandemic.For example…

Supply Chain Snarls Clog US Online Holiday Sales Growth

Jan 12, 2022

U.S. consumer spending on online shopping during the holiday season was weaker than expected, Adobe Analytics data showed, as supply chain issues caused product shortages and delayed deliveries.Consumers spent a record $204.5 billion online over the 2021 holiday season…

OASIS Group to Set up Logistics Park at London Gateway

Jan 11, 2022

DP World on Tuesday announced that OASIS Group has become the latest business to locate at its port-centric logistics park at London Gateway in the U.K.The 108,973 sq ft warehouse will be taken on a long-term lease by OASIS Group, which provides…

CSX Intermodal NC get Crane Upgrade

Jan 11, 2022

Liebherr Container Cranes delivered three fully automated rail mounted gantry cranes to the CSX Carolina Connector Intermodal Terminal (CCX) in Rocky Mount, North Carolina, 'cabin-less' units that feature  Liebherr Remote operator Stations (ROS) for supervised moves and exception handling…

Logistics News

Headwinds for the Poseidon Principles

Headwinds for the Poseidon Principles

Event: Fastener Fair USA - Nashville, May 2023

Event: Fastener Fair USA - Nashville, May 2023

Stolt Tankers Buys Tanker Pair for Caribbean Trade

Stolt Tankers Buys Tanker Pair for Caribbean Trade

Enstructure Acquires Richardson Companies

Enstructure Acquires Richardson Companies

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