Container shipping has greatest quarter ever — with more to come
Carrier profits are reaching previously unimaginable heights as supply chain disruptions supercharge gains.
Carrier profits are reaching previously unimaginable heights as supply chain disruptions supercharge gains.
MSC, a giant shipping line, wants to buy an Italian airline. If successful, it will then be in the passenger airline and air cargo businesses.
“This year will be the year for Maersk to ensure green solutions are developed end to end,” said Henriette Hallberg Thygesen, CEO of fleet and strategic brands at Maersk.
Shares of Zim are flirting with a new peak while shares of ship-leasing, dry bulk and tanker companies lose ground.
Maersk is becoming an integrated logistics goliath with the ability to provide freight management, transportation, warehousing and e-commerce fulfillment for big retailers and manufacturers.
The unique design will improve port efficiency and increase capacity, according to Maersk.
A climate conference in Glasgow, Scotland, hosted Transport Day on Wednesday, when global leaders signed on to create at least six green maritime routes by 2025.
A small number of non-U.S. entities determine vessel and container levels for U.S. ocean supply chains.
Port congestion forced container ships to go faster. Congestion remains extreme, yet ships are slowing down.
Shipping giant Maersk has transformed itself into a one-stop shop for logistics services and now is growing its airfreight capability.
Maersk expands air business after earning more in a single quarter than in any prior full year.
The event will take place at Prologis headquarters in San Francisco from 11 a.m. to 2:30 p.m. PT, with the option for attendees to attend virtually.
This week: Maersk moves seven containers of medical supplies to India for $1 a pop; Razor’s new landing gear helps a veteran monument replica move across the U.S.; and XPO continues to support breast cancer walks.
Captured carbon dioxide and green hydrogen are combined to make e-methanol. Sweden-based Liquid Wind has big plans for this alternative shipping fuel.
Can collecting carbon dioxide from ambient air combined with renewable energy create a cost-competitive, scalable, carbon-neutral fuel? Maersk is betting on it.
Liner profits still rising: second half looks stronger than first and Deutsche Bank sees even higher earnings next year.
Labor and chassis shortages, as well as congestion in the wider supply chain, have contributed to lower U.S. intermodal traffic compared with a year ago.
The Vancouver transload facility will primarily handle fast-moving consumer goods and auto parts.
Maersk is adding bio-methanol to its portfolio of green marine fuels after making e-methanol and methanol-powered vessel agreements in August.
Peterbilt takes the convention audience to school on electric truck math while Volvo puts ist VNR Electric to work on its own plant deliveries.