CMA CGM in new terminal venture with private equity firm
Liner CMA CGM and private equity’s Stonepeak are partnering on United Ports LLC, with terminals on four continents.
Liner CMA CGM and private equity’s Stonepeak are partnering on United Ports LLC, with terminals on four continents.
Developers break ground on a new Baltimore container terminal they hope will spur a sea change in mid-Atlantic intermodal transportation.
The world’s largest asset manager could back an effort by the world’s biggest container line to buy the busiest container terminal at the leading U.S. East Coast port.
China is pushing for state-owned ship operator Cosco to acquire a controlling stake in a $22.8 billion deal for global ports that include two Panama Canal hubs.
Flexport Capital redefines supply chain financing with BlackRock partnership, enhancing liquidity in logistics.
The government of Panama is going to court to challenge Chinese operating contracts for two ports adjacent to the Panama Canal, potentially setting up a bid by a U.S. conglomerate.
China could block the sale of CK Hutchison’s global port facilities if it doesn’t get a stake in the deal involving a U.S. private equity firm and Mediterranean Shipping Company.
Officials in Panama say Hong Kong-based CK Hutchison Holdings’ contract to run two ports at the Panama Canal has cost the nation $1.3 billion. U.S. investment firm BlackRock is spearheading a possible purchase of the ports’ operations.
BlackRock Chairman Larry Fink says container shipping infrastructure is as critical to the future global economy as data centers and power grids.
Regulators in China will review the sale of port operations linked to the Panama Canal to a consortium led by a U.S. investor.
President Donald Trump told Congress that the United States plans a range of incentives to revitalize domestic military and commercial shipbuilding.
A consortium led by U.S. private equity firm BlackRock has agreed to purchase the Panama port terminals owned by CK Hutchison of Hong Kong.
Natural gas may be having a moment as an alternative fuel for trucking, but there are a few nagging questions.
WattEV continues to roll up a lion’s share of federal infrastructure grants as it plots electric charging corridors
Cummins’ aggressive scaling of electrolyzers will need other players to meet expected midcentury hydrogen demand.
Just as scaling McDonald’s was more about real estate than hamburgers, electric truck charging is as much about land as it is about the grid.
Batteries. Electrified components. Fuel cells. Cummins Inc. has plans for all of them. But hydrogen-making electrolyzers top the list.
Daimler Truck created capacity for 2,000 battery-electric trucks in 2022, but the lack of charging infrastructure stunted deliveries.
Data centers and electric charging infrastructure share an insatiable demand for power. Neha Palmer understands both.
Daimler Truck North America and two partners plan to spend $650 million to build public electric charging for medium- and heavy-duty trucks.