Cargo

Hydrogen Hubs Market worth $5.9 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 12, 2024

Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.

Key Points: 
  • Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.
  • Expected to be a fundamental catalyst for the growth of clean hydrogen hubs between 2023 and 2030, the automotive industry is poised to play a vital role in supplying and utilizing hydrogen and hydrogen fuel cell stacks within hubs.
  • The electrolysis segment in the hydrogen hub market is projected to have the highest CAGR in the forecast period.
  • Based on end use, liquid hydrogen, and hydrogen fuel cells are the primary segments in the hydrogen hub market.

Hydrogen Hubs Market worth $5.9 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, January 12, 2024

Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.

Key Points: 
  • Based on the industry, the automotive segment is estimated to lead the market from 2023 to 2030.
  • Expected to be a fundamental catalyst for the growth of clean hydrogen hubs between 2023 and 2030, the automotive industry is poised to play a vital role in supplying and utilizing hydrogen and hydrogen fuel cell stacks within hubs.
  • The electrolysis segment in the hydrogen hub market is projected to have the highest CAGR in the forecast period.
  • Based on end use, liquid hydrogen, and hydrogen fuel cells are the primary segments in the hydrogen hub market.

Analysis: Parcel Shipping Costs for Most American Businesses Using FedEx and UPS in 2024 Will Increase In Excess of Both Carriers' 5.9% General Rate Increase

Retrieved on: 
Wednesday, January 10, 2024

IRVINE, Calif., Jan. 10, 2024 /PRNewswire/ -- Reveel, whose Shipping Intelligence™ Platform enables companies to level the playing field with carriers, today announced the results of its analysis of the 5.9% general rate increases (GRIs) unveiled by FedEx and United Parcel Service (UPS) for 2024. Reveel's analysis is designed to provide shippers with an accurate view into how their shipping outlays will change in the coming year.

Key Points: 
  • Reveel's analysis is designed to provide shippers with an accurate view into how their shipping outlays will change in the coming year.
  • Reveel's analysis found that although FedEx and UPS again introduced an identical GRI of 5.9% for 2024, American businesses are again looking at far more substantial shipping cost increases than either carrier's rate card shows.
  • "It is absolutely imperative that shippers consider how the new rules, surcharges and fees on tap for 2024 from FedEx and UPS will impact their businesses."
  • Shippers are also invited to download Reveel's 2024 GRI Rate Guide to learn more about Reveel's analysis.

Port of Oakland, Parsons and Partners Launch New App to Improve Port Operations

Retrieved on: 
Thursday, January 4, 2024

Construction and system integration is now complete, and the Port of Oakland is entering the ongoing operations and maintenance (O&M) phase.

Key Points: 
  • Construction and system integration is now complete, and the Port of Oakland is entering the ongoing operations and maintenance (O&M) phase.
  • This system combines innovative technologies to improve the efficiency, safety, operations, circulation and reliability of truck and rail access.
  • “The launch of the Freight Intelligent Transportation System is a bold new step forward for the Port of Oakland,” said Port of Oakland Maritime Director, Bryan Brandes.
  • With more than 100 cutting-edge deployments, Parsons’ technologies connect thousands of devices and traffic signals to help improve mobility.

Mullen Delivers 50 Class 1 EV Cargo Vans and Invoices Randy Marion Automotive Group for $1,680,000

Retrieved on: 
Thursday, December 28, 2023

BREA, Calif., Dec. 28, 2023 (GLOBE NEWSWIRE) -- via IBN -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces delivery of 50 all-electric Mullen ONE, Class 1 cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”) with the Company invoicing RMA for $1,680,000.

Key Points: 
  • (NASDAQ: MULN ) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, today announces delivery of 50 all-electric Mullen ONE, Class 1 cargo vans to Randy Marion Automotive Group (“RMA” or “Randy Marion”) with the Company invoicing RMA for $1,680,000.
  • The Company anticipates shipping and invoicing a total of 285 Mullen ONE cargo vans within the next five business days to Randy Marion Automotive Group.
  • “With the advance of last-mile delivery and the growth of in-home services, the Mullen ONE EV cargo van is in strong demand,” said Brad Sigmon, fleet vice president at Randy Marion Automotive.
  • The Mullen ONE is anticipated to be the first EV cargo van for sale in the U.S. market in the Class 1 commercial vehicle segment.

WARP and GoBolt Partner to Provide a Sustainable End-to-End Delivery Solution for Retailers Shipping within Canada

Retrieved on: 
Wednesday, December 13, 2023

National providers have notoriously struggled with providing cost-efficient, sustainable last-mile delivery solutions.

Key Points: 
  • National providers have notoriously struggled with providing cost-efficient, sustainable last-mile delivery solutions.
  • GoBolt and WARP’s partnership solves this by providing shippers with better on-time delivery, real-time tracking, and a growing percentage of volume being delivered by electric vehicles.
  • In the first two months of Q4, over 20% of all last-mile volume has been routed to electric vehicles.
  • “Traditional LTL carriers aren’t able to provide guaranteed delivery by critical sort times, let alone meet the intended doorstep delivery date,” said Troy Lester, CRO and Co-Founder at WARP.

IntelliTrans Discusses Future Transportation Employment Trends

Retrieved on: 
Tuesday, December 12, 2023

ATLANTA, Dec. 12, 2023 (GLOBE NEWSWIRE) -- IntelliTrans , a leader in global multimodal solutions for optimizing supply chain operations for bulk and break-bulk industries, discusses future transportation employment trends.

Key Points: 
  • ATLANTA, Dec. 12, 2023 (GLOBE NEWSWIRE) -- IntelliTrans , a leader in global multimodal solutions for optimizing supply chain operations for bulk and break-bulk industries, discusses future transportation employment trends.
  • According to the Department of Labor, 80% of the available US workforce will come from ages 65 and up by 2031.
  • This will put more significant challenges on who in the workforce actually wants to work, adding an increased tightness in available labor.
  • The building of new manufacturing sites has tripled in the past two years because of reshoring; this will change distribution patterns and transportation modes.

BlueGrace Logistics Announces 2023 LTL Carrier Award Winners: Southeastern Freight Lines and Old Dominion Freight Lines

Retrieved on: 
Monday, December 11, 2023

After a thorough evaluation of carriers' performance over the past year, BlueGrace Logistics is thrilled to honor Southeastern Freight Lines as the Regional Carrier of the Year and Old Dominion Freight Lines as the National Carrier of the Year.

Key Points: 
  • After a thorough evaluation of carriers' performance over the past year, BlueGrace Logistics is thrilled to honor Southeastern Freight Lines as the Regional Carrier of the Year and Old Dominion Freight Lines as the National Carrier of the Year.
  • "Southeastern Freight Lines and Old Dominion Freight Lines have consistently demonstrated their dedication to providing top-notch transportation solutions and going above and beyond to meet our customers' needs," said Bobby Harris, CEO of BlueGrace Logistics.
  • “On behalf of my teammates at Southeastern Freight Lines, we are humbled and encouraged to receive the Regional LTL Carrier of the Year award from BlueGrace Logistics,” said Keith Huggins, Vice President of National Accounts at Southeastern Freight Lines.
  • “Old Dominion Freight Line is honored to be recognized as the inaugural winner of the BlueGrace Logistics LTL Partner of the Year.

Corcentric and Riteload Partner to Offer Managed Payments to Carriers and Shippers on Platform

Retrieved on: 
Wednesday, November 29, 2023

Riteload’s platform, which matches shippers with carriers in a fully transparent marketplace, is the only freight matching platform that eliminates the broker model completely.

Key Points: 
  • Riteload’s platform, which matches shippers with carriers in a fully transparent marketplace, is the only freight matching platform that eliminates the broker model completely.
  • In addition to putting more money in drivers’ pockets, it enables shippers to save time and money and control their own relationships.
  • Corcentric will manage guaranteed electronic payments to all carriers booking through the Riteload platform and provide payment within two business days.
  • “Corcentric’s innovative Managed Payments solution and vast experience expediting transactions between shippers and carriers makes them an ideal partner as we strive for more efficiency, transparency, and equality in the trucking space.”

Aptean Adds New Transportation Management Capabilities in Europe Through Acquisition of UK-Based 3T Logistics & Technology Group

Retrieved on: 
Tuesday, November 21, 2023

ALPHARETTA, Ga., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Today, Aptean , a global provider of mission-critical enterprise software solutions, announced its acquisition of 3T Logistics & Technology Group (3T), a provider of cloud-based transportation management systems (TMS) to shippers and carriers in the United Kingdom and broader Europe.

Key Points: 
  • ALPHARETTA, Ga., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Today, Aptean , a global provider of mission-critical enterprise software solutions, announced its acquisition of 3T Logistics & Technology Group (3T), a provider of cloud-based transportation management systems (TMS) to shippers and carriers in the United Kingdom and broader Europe.
  • With the acquisition of 3T, Aptean adds new capabilities to its TMS offerings for shippers and carriers serving manufacturers and distributors in the food and beverage, fast-moving consumer goods, industrial machinery, automotive and building product verticals.
  • 3T’s customers also benefit from its logistics and transport management services, based on decades of expertise in the industry.
  • “Aptean is pleased to expand its TMS offerings in Europe with the addition of 3T’s cloud-based EVENT platform,” said Duane George, GM of EMEA and APAC at Aptean.