CMA CGM, Hapag-Lloyd announce leadership changes in North America
Ed Aldridge is retiring from CMA CGM America, and Uffe Ostergaard is leaving Hapag-Lloyd.
October bountiful for ports on East, Gulf coasts
Container volumes were up year over year in Savannah and Charleston, while crude oil exports set a record in Corpus Christi.
‘Considerable uncertainties’ cloud forecasts for HMM, Yang Ming
“Container demand is expected to be under downward pressure due to considerable uncertainties,” HMM said in its third-quarter earnings release.
Florida ports close as Nicole nears
Nicole is forecast to move through Florida to Georgia on Thursday and then to the Carolinas on Friday.
$23M Jaxport grant will aid ‘journey to reach net-zero emissions’
Jaxport CEO Eric Green said the $23.5 million grant “marks a milestone in our initiatives to build the port of the future and move cargo in the most efficient and eco-friendly way possible.”
Port of Long Beach lands $30M for zero-emissions equipment
The U.S. Department of Transportation is awarding the Port of Long Beach a $30.1 million grant to replace diesel yard tractors with zero-emissions cargo-handling equipment.
MSC acquiring international harbor towage provider
“At MSC, we want to continue to improve towage service efficiency and expand Rimorchiatori Mediterranei, building on the impressive work of the Genoese families that have developed the company the past 100 years,” MSC CEO Soren Toft said.
South Florida Container Terminal orders 12 electric gantry cranes
South Florida Container Terminal has ordered 12 electric, emission-free, rubber-tired gantry cranes and welcomed the launch of CMA CGM’s Medgulf service at PortMiami.
Hapag-Lloyd acquiring SAAM terminal operations in $1B deal
CEO Rolf Habben Jansen said the SM SAAM S.A. acquisition is part of Hapag-Lloyd’s strategy to build “a robust and attractive terminal portfolio.”
Nissan steering imports through Port of Brunswick
The Georgia Ports Authority’s board on Tuesday agreed to spend $60 million on further development at the Colonel’s Island Terminal.
Crowley resumes San Juan operations following Hurricane Fiona
Crowley Maritime’s Isla Grande Terminal suffered no significant damage when Hurricane Fiona hit Puerto Rico on Sunday.
Port of Long Beach narrowly misses record August
Executive Director Mario Cordero says the Port of Long Beach is “making great strides in reducing the number of ships queuing to enter the San Pedro Bay ports complex and quickly moving imports and empty containers out of the terminals.”
Hapag-Lloyd acquiring stake in Italian logistics company
Senior executive says “strategic assets along the supply chain are a key part of Hapag-Lloyd’s Strategy 2023.”
Port of Savannah clearing record volumes despite vessel backlog
The Georgia Ports Authority is on track to move a record-setting 6 million twenty-foot equivalent units this fiscal year.
IMC selling SmartStacks as smart approach to container piles
IMC Companies says its SmartStacks app increases driver productivity and eliminates unnecessary container lifts.
Port of Savannah launches Navis terminal operating system
The Georgia Ports Authority says the Navis system “eliminates data silos, improves velocity across our terminals and enables us to more easily integrate with our customers to provide the data and insights they need.”
OOIL clearly has great results but forecast cloudy
OOIL reports record revenue but has “legitimate concerns about the impact of inflation and interest rate rises on consumer spending.”
Yang Ming: Revenue up nearly 50% — end of story
Yang Ming summed up its second quarter and the first half of 2022 in about 150 words.
HMM cautious in short term despite Q2 profit long jump
South Korean ocean carrier HMM expects “downward pressure” on demand growth in the second half of 2022.
Performance Team breaks ground on South Carolina cold chain facility
The South Carolina cold chain facility opening next year will handle Port of Charleston imports and exports of proteins, fruits and vegetables.