Addressing the Current Trucking Crisis
A long time coming, a growing trucking crisis is now certainly here. An important piece of the intermodal supply chain equation faces steep challenges in 2018, and beyond.Looking back at what has led us to our current trucking situation; it can be argued that “we saw this coming.” For more than a decade now, the US logistics sector has been plagued by a shortage of truck drivers. While the current crisis was exacerbated by the Federal Motor Carrier Association’s Electronic Logging Device (ELD) mandate implementation last December, this was certainly not the sole reason for today’s conditions.
MSC Expands Intermodal Shipping at Trieste
MSC Mediterranean Shipping Company S.A. is enhancing intermodal connections via the port of Trieste, Italy, to improve transit times for shippers moving cargo between Asia, the Mediterranean and Europe. The new “MSC Graz-Trieste Runner” shuttle train, operated together with Cargo Center Graz, connects Trieste with Werndorf, Austria, once a week. The service is the first direct connection between Trieste and Werndorf and its schedule is coordinated with MSC’s Far East Phoenix ocean-liner service to ensure optimal timing for intercontinental cargo delivery.
RoadOne Appoints Chandler to Sales Leadership Team
Single source intermodal, distribution and logistics service company RoadOne IntermodaLogistics said Steve Chandler has joined the company as Vice President of Sales for the U.S. Southeast and Gulf regions. Chandler brings to the position more than 30 years of container shipping, intermodal drayage and logistics experience. Prior to RoadOne, Chandler held numerous business development and account management positions with top global ocean carriers including CMA-CGM, Hapag-Lloyd and NYK Line, as well as his most recent position at another leading intermodal trucking company.
Northwest Seaport Alliance: Innovative, Ideally Located and Together as One
Located in the Pacific Northwest in Washington State, The Northwest Seaport Alliance joining the deep draft ports of Seattle and Tacoma offers shorter U.S.-to-Asia transits, as well as a deep connection to Alaska. And, a lot more. In an era where the fiercely competitive business of global trade is changing in ways that could not have been imagined just one decade ago, ports, terminals and their collective stakeholders are rethinking how to also remain relevant. Shifting liner alliances…
Maritime Logistics Professional - September/October Edition
The September/October 2017 edition of Maritime Logistics Professional is now available. The Port of New Orleans: Brandy D. Christian is at the helm steering investment and development at one of the fastest growing – and most important – ports in the United States. Regulatory Watch: Hong Kong follows U.S. U.S. Read more here.
Fitzgerald Named CEO of Maersk’s Container Unit
Sean S. Fitzgerald has been named Chief Executive Officer of Maersk Container Industry (MCI), effective January 1, 2018. MCI develops and manufactures refrigerated containers, dry containers and the Star Cool refrigeration machine for the global intermodal industry and is part of A.P. Moller – Maersk’s Transport & Logistics division. Fitzgerald will assume overall responsibility for the strategic direction and the entire operations of the company including its more than 5,000 employees in three container manufacturing plants in Chile and China and its R&D center in Denmark.
APM Terminals Vado Aims to be Gateway to Central Europe
APM Terminals Vado, Italy Managing Director Paolo Cornetto highlighted the future role of the deepwater APM Terminals Vado facility, now under construction, as a new southern gateway to Central Europe. “We designed our new port around liner customers - and our landside customers – the importers, exporters and truckers - to help them do more business by tapping into the 70 million-member consumer market of northern Italy, southern Germany, Switzerland, Austria and eastern France within an eight hour proximity of our port," he said.
Interview: Brandy Christian - President & CEO, Port of New Orleans
Brandy D. Christian serves as the President and CEO of the Port of New Orleans, a public agency that manages more than $60 million in revenues, nearly 300 employees and $200 million in capital projects. Christian is one of 11 female port directors in North America and the first female CEO in the Port of New Orleans’ 120-year history. She brings a global perspective and experience building high performance teams in complex organizations to the role, and emphasizes strategic focus, collaborative partnerships and bold action.
Antwerp Port Focus on Sustainable Modal Shift
The port of Antwerp is to invest 1.4 million euros over the next three years in projects aimed at making port-generated freight traffic smoother and more efficient. The seven projects that have been selected for financial support will together reduce the number of truck trips by up to 250,000 annually. The Flemish government in turn is building on the Call for Proposals by the Port Authority, and in the next few months it will release a further 1.4 million euros for projects to make transport in and around Antwerp more sustainable.
XPO’s Jacobs Receives 2017 Connie Award
XPO Logistics chief executive officer Bradley Jacobs received the Containerization and Intermodal Institute’s (CII) 2017 Connie Award during a ceremony December 11 in Newark, N.J. Each year, the Connie Award recognizes individuals for their contributions, innovation and positive example within containerization, trade and the transportation. Jacobs founded XPO Logistics in 2011 and has led the company to become a top 10 global provider of supply chain solutions and one of North America’s largest intermodal providers, generating approximately $15 billion of revenue.
West Coast Intermodal Update: Mario Cordero
POLB Executive Director Mario Cordero weighs in from his new West Coast chair, on the most pressing issues of the day. Arguably the industry authority from both the regulatory and commercial sides of the equation, his opinion carries weight and, sometimes, surprises. It has been a busy year at the port of Long Beach, Calif. Lou Anne Bynum, Harbor Commission President at the Port of Long Beach, declared in early October, “Simply put, we are having the best trade months in port history.” Indeed, the port moved more containers last month than in any September in its history.
Container Handling of the Future is Available Now
Kalmar and Navis Enable ICTSI to Complete the World’s First Fully Automated Terminal. Kalmar and Navis recently announced the delivery of the first OneTerminal automation solution to International Container Terminal Services Incorporated (ICTSI) at the Port of Melbourne, Australia. That news brings to the commercial waterfront changes that can and will impact logistics, how the supply chain utilizes human resources, and additionally brings economies of scale to the global waterfront.
Port of Kiel Bids Farewell to Knud Sörensen
Knud Sörensen (63), the Marketing Director of the Port of Kiel (SEEHAFEN KIEL GmbH & Co. KG) and Managing Director of Kombi Port GmbH is being seen off into retirement today at a reception in his honor in Kiel’s traditional Eckmannspeicher. “Knud Sörensen has been active in our concern and well known on the north German port landscape for 32 years. He was instrumental in settling SCA and Iggesund Paperboard in Kiel’s Ostuferhafen” recalled Dr Dirk Claus, Managing Director of the PORT OF KIEL, in a speech honouring the outgoing Marketing Director.
Alabama, APM Invest in Port of Mobile
The Alabama State Port Authority (ASPA) and APM Terminals boards of directors in separate actions have approved a $49.5 million expansion of the container facility at the Port of Mobile. The Port Authority and APM Terminals jointly will deliver a Phase 3 expansion that includes a dock extension and an additional 20 acres of improved yard to maintain excess capacity to accommodate new business opportunities. When completed, the project will accommodate an annual throughput capacity of 650,000 TEU.
The Turnkey Supply Chain of Cranes
Cranes are much more than just critical equipment. At ZPMC, it means the supply chain itself. In post-Panamax world – that is to say one which includes an expanded, deepened and improved Panama Canal – there are many layers to the logistics onion. These include reinforced and improved berths and bollards, deepened blue water harbors, improved intermodal connections ashore and a reshuffling of ever larger tonnage for ports that can handle those ships. All of that is important, of course…
Hutchison Ports Acquires 50% Stake in TMA
Hong Kong's Hutchison Ports has acquired a 50% shareholding in Amsterdam-headquartered terminal and logistics operator TMA Logistics. TMA has a variety of general cargo terminal operations together with warehousing, shipping, logistics and project cargo activities at three sites in Amsterdam and one in Antwerp as well as at Hutchison Ports Amsterdam (former known as Amsterdam Container Terminal). Commenting on the acquisition, Clemence Cheng, Executive Director, Hutchison Ports…
INTTRA Innovates with Information for Measurable Improvements
Digital transactions for the ocean shipping industry have arrived. Are you part of it yet? It may well be true that INTTRA is today the largest neutral electronic transaction platform, software and information provider for the ocean shipping industry. At the same time, however, it is also a fact that fully one-half of all shippers still book container orders in a manual fashion. Technology, often a trailing development for the global waterfront, has fully arrived for the international container shipping industry.
Port of Kiel Posts Record Results
In 2017 Kiel again posted record handling while also passing the seven million ton mark for the first time. Overall, 7,407,376 tons were loaded or unloaded. That represents an increase of 14.3 percent over the previous year and is the best annual result ever achieved by the port. Dr. Dirk Claus, the Managing Director of the Port of Kiel (SEEHAFEN KIEL GmbH & Co. KG). said, “Kiel achieved a top result and improved performance in all sectors. Particularly outstanding were developments at the SCA Forest Products Terminal…
Georgia Ports Surpass 4 Mln TEUs
The Port of Savannah handled more than 4 million twenty-foot equivalent container units in 2017 - an increase of 11 percent and the port's highest annual volume ever. "This is the first time we've handled more than 4 million TEUs in a 12-month period, which is an important milestone for Savannah," said Georgia Ports Authority Executive Director Griff Lynch. For the month of December, GPA handled 323,000 TEUs, up 10.6 percent or 31,000 TEUs, for the busiest December in GPA's history.
Intermodal Terminal to Come Up in Uttar Pradesh
Inland Waterways Authority of India (IWAI) will construct Intermodal Terminal at Uttar Pradesh's Ghazipur and will be linked to both National Waterways-I (NW-1) or river Ganga and National Highway-19 - connecting Ghazipur to Patna - and help in movement of cargo, with options for both land and water transportation. Union Minister for Shipping Nitin Gadkari, will lay the foundation stone for an Intermodal Terminal at Ghazipur in Uttar Pradesh today (25 January). The intermodal terminal at Ghazipur will have linkage to both NW-I or River Ganga and NH-19 which is just 650 metres away.
A Familiar Name Tackles the Waterfront’s Changing Challenges
Growth in the size of containerships is driving investment across the maritime, port infrastructure and supporting industry spectrum. That’s because, until 2014, Maersk Line’s Triple EEE was the largest containership in the world at 18,340 TEU, only to be surpassed two years later by CSCL Globe (19,100 TEU), with a 21,100 TEU ship coming soon and a 24,000 TEU ship on the drawing board. The logistics chain efficiency of running these mammoth ships is lost without matching port and terminal investment to move goods to and through shore side facilities.
Cargo Security Goes High Tech
Cargo security goes high tech in its quest to account for cargo damage. Two different firms bring the same goals to the supply chain. The need for vessel and cargo tracking has always been necessary. But, the methods and equipment to accomplish those tasks haven’t always been available. Before the mid-1990’s, for example, without AIS transmitters, a vessel that missed its ‘LayCan’ at a particular port by just a few hours could credibly misrepresent its position at sea, absent any corroborating evidence by its prospective charterers. And, there usually wasn’t any.
Georgia Ports Plans 10 Million TEU of Growth by 2028
Georgia Ports Authority Executive Director Griff Lynch outlined a plan that will double container handling capacity to 10 million TEUs at Garden City Terminal within 10 years. "Georgia is home to both the single largest container and roll-on/roll-off facilities in North America," Lynch said. Lynch provided an overview of GPA's 2028 Plan that calls for 42 ship-to-shore cranes, 200 yard cranes, new RTG lanes and significant intermodal expansion in Savannah. The GPA will soon open…
Baltic Index Drops
The Baltic Exchange's main sea freight index dropped nearly 2 percent on Wednesday, weighed down by lower rates for capesize vessels ahead of a week-long Lunar Year break in China starting Thursday. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 19 points, or 1.71 percent, at 1,095 points. Despite the Lunar New Year and the fact that the effects of the traditional slowdown are already visible, the Baltic index signals a positive period from March if the pattern of previous years repeats itself…
Ports of Indiana on a Four-year Growth Run
The Ports of Indiana handled 11.8 million tons in 2017, resulting in a 5 percent increase from 2016 and the second-highest annual shipment total in the organization's 57-year history. This was the fourth-consecutive year that the Ports of Indiana handled over 10 million tons of cargo, the only four years this has been accomplished. The ports' average annual shipments in 2014-2017 totaled over 45 million tons, exceeding the previous four-year average by nearly 50 percent. Major cargo increases for the Ports of Indiana in 2017 included coal (+9 percent)…
Georgia Ports Authority Orders 8 RMG Cranes
The Georgia Ports Authority (GPA) in the USA has embarked upon the Mason Mega Rail Project that will double the Port of Savannah’s on-dock rail lift capacity to 1 million containers per year. As part of the project, the GPA has ordered 8 Konecranes Boxporter RMG cranes for the expanded intermodal container handling. Delivery will occur in two parts, one in the second half of 2019 and one in the second half of 2020. Work on the GPA’s Mason Mega Rail Terminal project in Savannah is scheduled to be completed by the end of 2020.
TRAC Intermodal Gears Up for Gulf Coast Resin Exports
TRAC Intermodal is expanding and improving the quality of its chassis fleet in the Gulf Region to meet an expected surge in U.S. resin exports. The TRAC Gulf Regional Pool (TGRP) now offers the largest and most modern fleet of chassis in the ports of Houston, Dallas, Mobile, New Orleans and El Paso as well as several other locations. TRAC has refurbished over 20 percent of its TGRP fleet to ensure that customers have access to the highest quality and most reliable chassis in the Gulf port complex.
Samskip to Sail Between Hull and Amsterdam
Samskip has announced a major enhancement in its shortsea and multimodal services between the Netherlands and the United Kingdom, with the addition of direct connections between Amsterdam and Hull three times a week. The value proposition to customers will also include barge and rail systems connecting the European hinterland to Amsterdam. With effect from mid-March, and departing from Amsterdam on Mondays, Wednesdays and Saturdays, the new calls and the port's European hinterland…
CMA CGM Unveils 'Customer Centricity' Strategy
Customer experience management has become a strategic necessity to satisfy customer demands, deliver consistent and rewarding service, and ultimately strengthen customer relationships. On the occasion of the 18th TPM Annual Conference currently taking place in Long Beach, California, the CMA CGM Group, a world leader in maritime transport, unveils its customer centricity strategy to create the customer experience of tomorrow. A year ago Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, defined ‘Customer Centricity’ as one of the Group’s core strategies.
Amsterdam CT Connects with New Silk Road
A new direct connection has been launched between Amsterdam Container Terminal and Yiwu in China as part of the new Silk Road connecting two of the world’s leading economies. The first train set off on its 11,000 kilometre, 16-day journey on 7 March 2018 from the intermodal railhead at Amsterdam Container Terminal to the trading hub of Yiwu in Zhejiang province. Reflecting The Netherlands’ diverse export market, it carried a variety of Dutch-made machinery, mineral fuels, pharmaceuticals, technical equipment and chemicals.
Port of Oakland Building Online Shipping Portal
Port of Oakland officials has promised a digital shipping platform by mid-year to speed up global trade flows. The Port said it’s building an online portal for transactions that range from tracking to transporting containerized cargo. The move aligns with an industry migration toward digitalization of international supply chains for the sake of efficiency. The Port previewed its portal - called a digital collaboration platform - at an American Association of Port Authorities meeting in Oakland yesterday. Make appointments to pick up containerized cargo.
First Arkas Line Ship To Dock In Contship Ravenna
Natalia A container ship that belongs to Turkish ARKAS shipping line is docked in Contship Ravenna – the Contship Italia Group gateway on the Adriatic Sea. The Natalia A is deployed on the ADS service (Adriatic Service) that connects Ravenna with Istanbul, Gemlik, Piraeus, Izmir, Beirut, Mersin, Aleksandria and Lattakia, on a weekly basis. “We are delighted to see that a shipping line such as Arkas has chosen the Ravenna Terminal as a partner to expand container traffic, offering fundamental connections with Turkey…
Seaspan Buys GCI from Carlyle
Containership owner and operator Seaspan Corporation announced it has acquired Greater China Intermodal Investments LLC (GCI) from affiliates of The Carlyle Group and other minority owners. Seaspan, which previously held 11 percent of GCI and operated the company’s container vessel fleet, will take over GCI’s 16 on the water 10,000-14,000 TEU containerships plus two newbuilds scheduled for delivery during Q2 2018. All 18 vessels sister ships to Seaspan’s current fleet. “With GCI’s fleet now under our ownership…
Kalmar Promotes New Range of Reachstackers in Latin American
Kalmar, part of Cargotec, launches a new range of equipment designed to offer customers in the Latin American market a value-based choice of the high quality, reliable equipment that Kalmar is known for. Based on Kalmar's proven G-generation platform, the Essential range includes reachstackers, empty container handlers and forklifts. The range will be introduced for customers in the region during the Intermodal South America conference in São Paulo, Brazil on 13-15 March 2018.
Port of Gothenburg: Sustained Growth in Ro-Ro Operations
Ro-ro operations at the Port of Gothenburg are looking bright, with sustained growth three years in succession. There has been an increase of 10 per cent over the past year alone, with the number of units currently standing at 593,000. But there is still potential to raise the bar even further by switching a higher proportion of freight from Norway to Gothenburg from land to sea. It is hoped that closer collaboration between the ports in Hirtshals, Kristiansand, Larvik, Grenland…
Post Hurricane Maria, Crowley to assist Puerto Rico's Recovery
It’s been called the most logistically challenging relief effort the United States has ever managed. When nearly Category 5 Hurricane Maria struck Puerto Rico, it left a wake of destruction that residents and emergency responders are still reckoning with. The road to recovery for an island like Puerto Rico is different from mainland locations. The American territory sits about 1,000 miles away from the closest city in the contiguous United States. Transportation of cargo, supplies and equipment requires specialized vessels or aircraft, even in good times.
New Samskip container service for ACT
A new short-sea container service between Amsterdam and Hull will be formally inaugurated today (21 March 2018) with the first call of the 340-TEU vessel THEA II at Amsterdam Container Terminal (ACT). The new service, operated by leading short sea container operator Samskip, offers three sailings a week on this new route with vessels departing from Amsterdam on Mondays, Wednesdays and Saturdays. “Amsterdam Container Terminal offers shipping lines the opportunity to serve their customers in a fast, efficient, reliable and sustainable manner.
Hiab's Multilift Commander Launched
Hiab, part of Cargotec, has launched an innovative new product to handle containers safely and efficiently in locations where no infrastructure exists to load or unload containers from a truck. Originally developed for the logistics needs of governmental organisations, the MULTILIFT COMMANDER container handling unit is an application for the popular MULTILIFT XR21 hooklift that enables both ISO 1C and 1CC freight containers, and DIN standard demountable flatracks, to be handled by the same truck. "This is a new application for the commercial hooklift market.
An Integrated High-tech Approach to Port Security
DP World employs a sophisticated Vidsys technology platform to eliminate stovepipes and integrate myriad security solutions. DP World London Gateway provides deep-sea shipping access to one the largest consumer markets in the U.K. Naturally, the task of keeping all of that safe from outside threats, while also balancing that important task with the need to ensure an efficient intermodal supply chain is no easy task. That’s because this facility routinely intercepts stolen vehicles, narcotics and illegal immigrants while working closely with local and London MET police, the U.K.
Georgia Ports: Mason Mega Rail Breaks Ground
The Georgia Ports Authority broke ground on its $126.7 million Mason Mega Rail Terminal Monday. The expansion will increase the Port of Savannah's rail lift capacity to 1 million containers per year, and open new markets spanning an arc of cities from Memphis to St. Louis, Chicago to Cincinnati. "Today is a great day for Georgia and the nation," said Georgia Gov. Nathan Deal. The Mega Rail ground breaking is the latest in a series of Gov. Deal's signature projects designed to…
Asia-U.S. Trade to Grow 7%
About 500 people gathered at the Long Beach Convention Center for the event, which brings together a panel of shipping and trade experts to offer their perspectives on industry trends and how they affect the San Pedro Bay port complex. One of the panelists, Drewry Maritime Research Senior Quantitative Economist Mario Moreno, predicted Asia-U.S. trade will grow 6.8 percent in 2018, the fastest pace in more than half-a-dozen years. He also estimated the overall U.S. economy will expand 2.8 percent.
Port of Long Beach Welcomes ONE
For three Japanese ocean carriers combining their shipping container business into ONE, the future is bright and it comes in magenta. The future arrives this April. ONE stands for Ocean Network Express, a joint venture of “K” Line, Mitsui O.S.K. Lines and NYK Line that consolidates the three companies’ container shipping units into a single, integrated company. ONE chose the vibrant mix of purple and red to convey the energy and excitement of the new business model with a color that pops amid the muted blue and brown containers crossing the docks. “We’re very excited.
Investments set Oakland Port on growth path
Containerized cargo volume moving through this city is expected to increase 2 percent annually for the next five years. The catalyst for growth: a nearly $700 million injection of capital from outside investors. That’s the message Port of Oakland officials delivered to trade and transportation leaders here this week. “This is good, measured growth that’s not debilitating for our community or our operations,” Executive Director Chris Lytle told a meeting of the Port’s 55-member Efficiency Task Force.
Port of Oakland Forecasts Steady Growth
Containerized cargo volume moving through Port of Oakland is expected to increase 2 percent annually for the next five years. The catalyst for growth: a nearly $700 million injection of capital from outside investors. That’s the message Port of Oakland officials delivered to trade and transportation leaders here this week. “This is good, measured growth that’s not debilitating for our community or our operations,” Executive Director Chris Lytle told a meeting of the Port’s 55-member Efficiency Task Force.
Port of Los Angeles to Get New Container Staging Facility
The Harbor Performance Enhancement Center (HPEC), a unique $130 million-dollar public-private partnership dedicated to facilitating sustainable freight movement and supply chain efficiencies throughout the United States, has completed a strategic transaction with Macquarie Principal Finance, to provide capital for the development of the 5.5 million square foot container staging hub located at Terminal Island in the Port of Los Angeles (POLA). As detailed in a brief video, the…
Fitch Affirms 'A' Rating on JAXPORT Bonds
Fitch Ratings has affirmed its long-term 'A' rating on JAXPORT’s $87.4 million in outstanding revenue bonds, citing the port’s strategic location, intermodal connectivity, growing automobile volumes and diverse revenue base.“This rating is another positive reflection of everything that we’re doing to maximize JAXPORT’s competitive advantages and continue to grow cargo volumes,” said JAXPORT CEO Eric Green. “We are encouraged by the growth we’ve experienced and confident the trend will continue well into the future.”
APL Rolls out China Bangkok Express Service
APL has announced the launch of the China Bangkok Express (CBX) service, a new shortsea service that directly links South China and Thailand each week. Characterised by competitive transit times, the CBX service promises the industry’s fastest connection from Nansha to Bangkok in four days. Also designed to transport special cargo, this service offers reefer and breakbulk solutions to facilitate these shipments. Shippers with cargo that are destined beyond Asia may also tap onto…
CMA CGM Rolls Out Ocean Alliance Day Two Product
CMA CGM Group, a world leader in maritime transport, is pleased to announce the start of the Ocean Alliance Day Two Product. Based on the success of Ocean Alliance, the Ocean Alliance Day Two Product strengthens CMA CGM’s service offering by providing even better services and upgrades to the Group’s customers. The Ocean Alliance Day Two Product has a carrying capacity of around 3.1 million TEUs (Twenty-foot Equivalent Unit) with 331 containerships deployed on 41 services. CMA CGM will continue to play a major role within the alliance, deploying a fleet of 121 ships.
DP World Australia Extends Partnership with CMA CGM
DP World Australia announced the signing of a long-term partnership extension regarding service of CMA CGM Group vessels by DP World Australia at its terminals in Brisbane, Sydney, Melbourne and Fremantle. This partnership extension brings two market leaders of the Australian port logistics sector closer together. CMA CGM Group’s high-quality shipping services, which include ANL and APL, will leverage DP World Australia’s container terminal and intermodal footprint. DP World Australia’s CEO and Managing Director…
Oceanex Joins Fleet of Trained Whale Watchers
The intermodal transportation firm Oceanex has swelled the ranks of sailors volunteering as whale observers for the Réseau d’observation de mammifères marine (ROMM). The crews of the Oceanex Sanderling, the Oceanex Connaigra and the Oceanex Avalon will be given special training to qualify them to gather whale observation data during their voyages. Véronique Nolet, a biologist and Green Marine program manager, will conduct the onboard training starting tomorrow. "Oceanex is proud…
Georgia Ports' Box Volume Jumps 14%
The Georgia Ports Authority achieved 14 percent growth in March container volumes, moving 355,208 Twenty-foot Equivalent Unit containers. For the fiscal year to date (July-March), TEU container trade grew by 9 percent, or 255,786 additional units for a total of 3.08 million, a new record for Savannah. "Savannah's continued strength is a reflection of our customers' commitment, Georgia's leadership, and the many dedicated service providers, GPA employees and ILA members who come together every day to achieve great things," said GPA Executive Director Griff Lynch.
DFDS to Acquire Turkey's Largest RoRo Operator
Danish shipping and logistics group DFDS has acquired Turkey’s largest operator of Ro-Ro freight ships and will be a major player in the strong and continuously growing trade between the EU and Turkey. U.N. Ro-Ro operates five routes connecting Italy and France with Turkey, 12 ships and port terminals in Trieste and in Pendik, Istanbul. U.N. Ro-Ro employs 500 people. The deal is subject to approval by the authorities. Today, Danish shipping group DFDS signed an agreement to acquire 98.8 % of the shares in the shipping company U.N.
TRAC Intermodal Joins Blockchain Initiative
TRAC Intermodal has joined the Blockchain in Transportation Alliance (BiTA), an organization for the development of blockchain standards and education for the transportation industry, with the goal of bringing together leading companies that are committed to developing blockchain technology. “TRAC Intermodal has joined BiTA to better understand the role that blockchain can play in improving transparency and creating greater efficiencies among all the stakeholders in chassis provisioning,” said Keith Lovetro, President and Chief Executive Officer at TRAC Intermodal.
SC Ports Opens Inland Port Dillon
South Carolina Ports Authority officially opened Inland Port Dillon, its second inland facility constructed in the state to handle growing intermodal rail cargo volumes and deepen the port's reach into markets through the Carolinas to the Northeast and Midwest. "Inland ports provide needed infrastructure in the interior of the state to support the movement of freight to and from our marine terminals," said Jim Newsome, SCPA president and CEO. "The addition of Inland Port Dillon…
KCS Intermodal Service Relaunched in New Orleans
Kansas City Southern (KCS) announced a new weekly service between the Port of New Orleans and Wylie, Texas (Dallas-market) beginning May 2018, relaunching intermodal service to this lane for the first time since 2005.“The return of the Kansas City Southern weekly intermodal service helps us capture greater market share and optimize throughput, with the ultimate goal of providing the best service possible to our customers,” said Brandy D. Christian, Port of New Orleans President and CEO, and New Orleans Public Belt Railroad Corporation CEO.
Rapid Growth for Zaragoza Maritime Terminal
In 2017, the Terminal Marítima de Zaragoza (tmZ) increased its handled volume by 20 percent, to around 350,000 TEUs by rail and truck. Over the past five years, the terminal has seen volumes increase by more than 250%. Miguel Duro, Managing Director of the company, points to the depot’s, “flexible service offering”. Following the addition of a railway siding in 2007 a private company was established ̶ tmZ Depot Services ̶ to operate the terminal under a 35-year concession. APM Terminals Spain is a co-founder and holds a 45% stake in the company.
European Cargo Logistics, DSV Launch Moravia Shuttle
European Cargo Logistics (ECL), an associated company of Lübecker Hafen-Gesellschaft mbH (LHG), and DSV Road AB, a part of DSV – Global Transport and Logistics, are now reaching another spot on the map, Zajeci in the South Moravian Region of the Czech Republic. This is now the most easterly destination in the ECL network. For DSV this is not a new destination, but it is a way to handle transports to eastern Europe in a more environmentally friendly way. “We do always look at alternatives for reducing the environmental impact…
GCI Acquisition Fetches Extra Money for Seaspan
The Hong Kong-based containership lessor Seaspan Corporation reported a net profit of $67 million for the quarter ended March 31, 2018 as revenues rose 11.7 percent to $244 million compared with the same 2017 period. The addition of operating vessels from the buyout of Greater China Intermodal Investments (GCI) led to higher revenues. The company has informed that it has completed accretive acquisition with an implied enterprise value of $1.6 billion of the remaining 89% that Seaspan did not own of GCI.
Tightening CA Environmental Regs Could Impact West Coast Supply Chains
In a similar fashion to Gulf coast offshore energy producers who, in some instances, must document and count the environmental impact of their third party standby boats, offshore service vessels and other assets, the ports of Long Beach and Los Angeles could soon be burdened with yet another layer of environmental rules. In Southern California, beneficial cargo owners (BCOs) are bracing for yet another set of regulations; this time as a function of cargo transported to and from warehouses and even off-site intermodal rail yards.
Peel Ports Launches Rail Freight Service
A new rail freight service for containers has left the Port of Liverpool for the first time, thanks to a partnership between Peel Ports and rail freight company DB Cargo.The new service provides shipping lines, forwarders, tank operators and cargo-owners with a seamless route between the quayside at Liverpool and Scotland, in turn minimizing congestion around the Port of Liverpool. Metro Mayor Steve Rotheram officially launched the departure of the inaugural journey on Tuesday 8 May…