Intermodal freight transport

EQS-News: HHLA continues future-oriented investments despite challenging conditions

Retrieved on: 
Wednesday, April 10, 2024

CEO Angela Titzrath: “In a challenging market environment, HHLA is continuing to pursue its forward-looking investments to modernise its terminals and expand its European network.”

Key Points: 
  • CEO Angela Titzrath: “In a challenging market environment, HHLA is continuing to pursue its forward-looking investments to modernise its terminals and expand its European network.”
    Hamburger Hafen und Logistik AG (HHLA) recorded a drop in revenue and earnings in the 2023 financial year.
  • Angela Titzrath, HHLA’s Chief Executive Officer: “In light of the extremely difficult conditions for global trade, HHLA has performed well in 2023, particularly in comparison to its major competitors.
  • The notable increase in throughput volumes at the multi-function terminal HHLA PLT Italy was unable to offset this shortfall.
  • HHLA therefore continues to pursue its dividend policy of distributing between 50 and 70 percent, where possible, of the Port Logistics subgroup’s relevant net profit for the year to its shareholders.

XPO Celebrates 30th Anniversary of Its US Trailer Manufacturing Facility

Retrieved on: 
Thursday, April 4, 2024

GREENWICH, Conn., April 04, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today is celebrating the 30th anniversary of its in-house trailer manufacturing facility in Searcy, Arkansas.

Key Points: 
  • GREENWICH, Conn., April 04, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today is celebrating the 30th anniversary of its in-house trailer manufacturing facility in Searcy, Arkansas.
  • XPO is the only freight transportation company in the US to manufacture its own trailers.
  • Our in-house manufacturing facility enables us to maintain our trailer fleet at a lower cost, while quickly adapting to our customers' changing needs.
  • Located at 2001 South Benton St. in Searcy, the factory features six production lines across 200,000 square feet of manufacturing space.

DP World Announces New Investment of $50 Million for Expansion of Container Operations at Brazil’s Port of Santos

Retrieved on: 
Thursday, March 21, 2024

SANTOS, BRAZIL, March 21, 2024 (GLOBE NEWSWIRE) -- DP World , a global leader in supply chain solutions, announces a new investment of USD$50 million (approximately R$250 million) in the acquisition of new port equipment for its terminal located on the left bank of the Port of Santos, Brazil.

Key Points: 
  • SANTOS, BRAZIL, March 21, 2024 (GLOBE NEWSWIRE) -- DP World , a global leader in supply chain solutions, announces a new investment of USD$50 million (approximately R$250 million) in the acquisition of new port equipment for its terminal located on the left bank of the Port of Santos, Brazil.
  • The investment is the latest phase of a USD$85 million (R$425 million) terminal expansion project, which also includes the USD$35 million (R$175 million) extension of the dock by an additional 190 meters announced in 2023 .
  • The new equipment also allows the terminal to expand capacity to 1.7 million TEUs, boosting DP World’s ability to support Brazil’s strong economic growth.
  • Fabio Siccherino, CEO of DP World in Brazil, said, “The investments by DP World in Brazil aim to meet robust growth in Brazil’s container market in the post-pandemic era, as well as to maintain Santos’ role as a Hub Port for South America.

ITS Logistics March Port Rail Ramp Index: Uncertainty with ILA Negotiations Makes List of Largest Concerns for 2024

Retrieved on: 
Tuesday, March 12, 2024

RENO, Nev., March 12, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today released the March forecast for the ITS Logistics US Port/Rail Ramp Freight Index.

Key Points: 
  • RENO, Nev., March 12, 2024 (GLOBE NEWSWIRE) -- ITS Logistics today released the March forecast for the ITS Logistics US Port/Rail Ramp Freight Index.
  • In addition, as Q2 approaches, the index will closely follow the International Longshoremen Association (ILA) negotiations as current ocean contracts are being deliberated.
  • The ITS Logistics US Port/Rail Ramp Freight Index forecasts port container and dray operations for the Pacific, Atlantic, and Gulf regions.
  • Visit here for a full comprehensive copy of the index with expected forecasts for the US port and rail ramps.

Lime Strikes Deal For Zero-Emissions EV Shipping With Hight Logistics And Forum Mobility

Retrieved on: 
Thursday, March 14, 2024

LONG BEACH, Calif., March 14, 2024 /PRNewswire/ -- Lime, the world's largest operator of shared light electric vehicles, Hight Logistics, and Forum Mobility announced a new deal for zero-emissions port-to-hub shipping for all Lime freight arriving in North America through the Ports of Los Angeles and Long Beach.

Key Points: 
  • Forum Mobility, a leading zero-emission electric truck charging provider, is providing the electric trucks and charging to Hight Logistics, a family-owned drayage provider in Long Beach, CA.
  • "We're thrilled to play a leading part in the EV freight transition through this exciting partnership with Hight Logistics and Forum Mobility," said Andrew Savage, VP for Sustainability at Lime.
  • Hight Logistics is proud to be able to deliver the goods without the emissions," said Rudy Diaz, CEO of Hight Logistics.
  • Hight and Lime are driving the future, and we're proud to support their journey," said Matt LeDucq, CEO and co-founder of Forum Mobility.

Hyster to supply 10 zero-emission battery electric terminal tractors to APM Terminals

Retrieved on: 
Monday, March 4, 2024

GREENVILLE, N.C., March 04, 2024 (GLOBE NEWSWIRE) -- Hyster Company announces an agreement to provide APM Terminals with 10 battery-powered terminal tractors for their location at the Port of Mobile in Alabama.

Key Points: 
  • GREENVILLE, N.C., March 04, 2024 (GLOBE NEWSWIRE) -- Hyster Company announces an agreement to provide APM Terminals with 10 battery-powered terminal tractors for their location at the Port of Mobile in Alabama.
  • The electric terminal tractors, which are scheduled to be delivered in 2024, are part of a $60 million investment in port equipment electrification pilots by APM Terminals.
  • Hyster has been a trusted resource for container handling equipment, and our collaboration will help us to expand this global effort with the first Hyster electric terminal tractors in North America.”
    The electric terminal tractors are designed to provide a zero-emission option to help the terminal, and other port and distribution operations, achieve clean energy targets while maintaining diesel-like performance levels.
  • The electric terminal tractors, which Hyster has worked with Capacity Trucks to develop and will be built in Texas, represent one of several clean power-focused port equipment projects that the company is engaged in.

Konica Minolta Introduces Plockmatic Multi-Purpose Stacker XL

Retrieved on: 
Tuesday, February 27, 2024

( Konica Minolta ) is pleased to announce the availability of the Plockmatic MPS XL, a multi-purpose stacker capable of stacking a wide range of media sizes, from 8.27" x 8.27", up to sheets as large as 13" x 51" (Konica Minolta Color Engine maximum sheet size).

Key Points: 
  • ( Konica Minolta ) is pleased to announce the availability of the Plockmatic MPS XL, a multi-purpose stacker capable of stacking a wide range of media sizes, from 8.27" x 8.27", up to sheets as large as 13" x 51" (Konica Minolta Color Engine maximum sheet size).
  • Equally beneficial, the Plockmatic MPS XL Stacker for Konica Minolta has the ability to dock and undock from the production press system.
  • The MPS XL Stacker is currently compatible with the Konica Minolta AccurioPress C14000, C12000, C7100, C7090, C4080 and C4070 digital production presses.
  • “The Plockmatic MPS XL Stacker offers another way to easily diversify and expand current production capabilities.

ITS Logistics February Port Rail Ramp Index: Rail Operations Will Become a Critical Concern, Creating Capacity Strain in Major U.S. Metro Locations

Retrieved on: 
Tuesday, February 20, 2024

Shippers and BCOs should also be on the alert as rates and capacity availability are projected to become extremely volatile.

Key Points: 
  • Shippers and BCOs should also be on the alert as rates and capacity availability are projected to become extremely volatile.
  • The ITS Logistics US Port/Rail Ramp Freight Index forecasts port container and dray operations for the Pacific, Atlantic, and Gulf regions.
  • Ocean and domestic container rail ramp operations are also highlighted in the index for both the West Inland and East Inland regions.
  • Visit here for a full comprehensive copy of the index with expected forecasts for the U.S. port and rail ramps.

Barilla Achieves 80% Visibility into Ocean and Over-the-Road Shipments with FourKites

Retrieved on: 
Tuesday, March 5, 2024

Barilla, the world leader in pasta production, announced today that it has achieved 80% visibility into the entire lifecycle of its ocean and road shipments, thanks to leading supply chain visibility provider FourKites ®.

Key Points: 
  • Barilla, the world leader in pasta production, announced today that it has achieved 80% visibility into the entire lifecycle of its ocean and road shipments, thanks to leading supply chain visibility provider FourKites ®.
  • Each week, the company moves more than 2,000 loads from Italy to over 120 countries via over-the-road (OTR) and ocean shipments.
  • Barilla started its collaboration with FourKites by using the company’s OTR visibility and then expanded coverage to include visibility into all its ocean shipments.
  • FourKites recently announced several enhancements to its next-generation ocean visibility platform, Dynamic Ocean® .

Barilla Achieves 80% Visibility into Ocean and Over-the-Road Shipments with FourKites®

Retrieved on: 
Tuesday, March 5, 2024

Barilla, the world leader in pasta production, has announced that it has achieved 80% visibility into the entire lifecycle of its ocean and road shipments, thanks to leading supply chain visibility provider FourKites .

Key Points: 
  • Barilla, the world leader in pasta production, has announced that it has achieved 80% visibility into the entire lifecycle of its ocean and road shipments, thanks to leading supply chain visibility provider FourKites .
  • Barilla has an intricate logistics operation that includes 30 production sites, 15 of which are in Italy and 15 abroad.
  • Each week, the company moves more than 2,000 loads from Italy to over 120 countries via road and ocean shipments.
  • Barilla started its collaboration with FourKites by using the company’s over-the-road (OTR) visibility and then expanded coverage to include visibility into all its ocean shipments.