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…
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…
A group of partners aiming to boost efficiency and sustainability for transporting goods in and around London has come together to trial shipping light freight on the River Thames.The non-profit Cross River Partnership (CRP) recently launched the London Light Freight River Trial…
The United States is helping Thailand’s supply chain network and advance the decarbonization of its freight transportation system.The U.S. Trade and Development Agency announced last week that it has awarded a grant to the Thai Ministry of Transport’s…
The Prince Rupert Port Authority (PRPA) announced that the Ridley Island Export Logistics Project (RIELP) has received its final determination of the federal environmental effects evaluation review.The project is part of the Port of Prince Rupert’s…
Vietnam's Deoca Group said on Wednesday it had set up a joint venture with Laos' Petroleum Trading Lao (PetroTrade) to study the possibility of jointly building a railway connecting the two countries, with a possible price tag of 149.55 trillion dong ($6…
Tradepoint Atlantic, a 3,300-acre global multimodal logistics hub and industrial center, announced that the Port Tampa Bay’s Board of Commissioners approved a lease agreement with Tradepoint Tampa for 35 acres of land to build a new trans-load warehouse distribution facility…
