Tag: featured

January 23, 2024

Efforts to build an international container terminal at the Port of New Orleans capable of handling ultralarge container vessels got a boost Monday from the federal government. The port announced it was awarded an additional $226.2 million grant to assist […]

January 22, 2024

Both inland ports at South Carolina Ports handled a record number of containers in the last year with Inland Port Greer moving 175,873 containers, translating to a 26% year-over-year growth and Inland Port Dillon increasing its volume by 55% to […]

January 22, 2024

Port of Oakland saw its container volumes decrease by 11.6% to 2,065,709 TEUs with full containers declining by 10.1% to 1,574,444 TEUs in 2023. “2023 finished strong,” pointed out Port of Oakland Maritime Director Bryan Brandes, adding, “Carrier on-time performance […]

January 18, 2024

The queue of ships waiting at both ends of the Panama Canal stands at just half the historical average since the waterway expanded back in 2016, highlighting the dramatic shift in seaborne trades in the western hemisphere seen in recent […]

January 18, 2024

New car sales in Europe rebounded by 13.9 percent in 2023 as electric vehicles overtook diesel for the first time, an industry group said on Thursday. Sales of new electric cars shot up by 37 percent year-on-year and accounted for […]

January 17, 2024

The Tennessee Department of Transportation (TDOT) recently awarded more than $46 million through three grant programs to communities statewide to support multimodal investments in walking, biking, and transit. “Increasing safety, promoting healthy lifestyles, and providing improved access to our cities […]

January 17, 2024

The Red Sea exodus is gaining traction in multiple sectors with Egypt coming to terms with the fact that it will take a very big hit in revenues generated from Suez Canal transits this year. Suez Canal transits generated $10.25bn […]

January 16, 2024

Brad Jacobs, serial entrepreneur and executive chairman of XPO Logistics, launched his book on Monday, enticingly titled, “How to Make a Few Billion Dollars.” In this, his first book, Jacobs describes the many good and sometimes painful lessons he has […]

January 11, 2024

A new federal watchdog report criticizes the U.S. Department of Transportation for not properly documenting how it prioritizes funding for major infrastructure projects involving highways, ports and freight rail — but DOT disagrees with the assessment. The report, published and […]

January 10, 2024

In the ever-changing landscape of smart city innovation, researchers have introduced the Residual Spatial-Temporal Graph Convolutional Neural Network (RST-GCNN), which could help users find an on-street parking space more efficiently. The work is published in the International Journal of Sensor […]

January 9, 2024

The Supreme Court has again rejected a review of the question of broker liability in a case involving the death or injury of a person struck by a truck that was booked by a 3PL. However, unlike the case of […]

January 8, 2024

Several Texas-Mexico border infrastructure developments recently received a boost after a new law took effect that speeds up the federal approval process for international cargo bridge projects. U.S. Rep. Henry Cuellar, D-Laredo, and U.S. Sen. Ted Cruz, R-Texas, led the […]

January 8, 2024

Longpoint has acquired a cluster of industrial-logistics properties totaling 1.4 million square feet across 12 locations in the Miami and Fort Lauderdale, Florida, areas. The Boston-based real estate private equity firm acquired the 25-building industrial portfolio for $262 million from […]

January 4, 2024

Due to the urgent need to cut fossil fuel emissions, the adoption of electric vehicles (EVs) is both inevitable and essential. The EU is aiming to reduce greenhouse gas emissions from transport by 90% by 2040, and foresees 13 million […]

January 4, 2024

Auto giant Ford sold almost two million vehicles in the United States last year, the company said Thursday, buoyed by accelerating electric vehicle sales and continued growth in internal combustion engine trucks. These figures represented an increase of just over […]

January 3, 2024

With the Israel-Gaza crisis in full swing, the Red Sea, which sees a lot of maritime traffic between Europe and Asia with its connection to the Mediterranean Sea via the Suez Canal, became a flurry of maritime incidents after the […]

January 2, 2024

The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) confirmed the approval of Shell’s environment plan in December 2023, enabling the oil major to undertake the Crux seabed survey within production licenses AC/PL1 and WA-33-PL. This seabed survey will […]

January 2, 2024

The push for decarbonization and energy transition seen this year paints a promising picture of the industry’s ability to navigate complex global dynamics and emerge stronger on the path toward a more environmentally conscious and efficient future. Here’s a glimpse […]

December 28, 2023

The air cargo industry underwent a serious stress test in 2023 as collapsing market demand and rates dragged down revenues, forcing many all-cargo carriers to scale back operations, postpone aircraft investments and tighten budgets, before a late resurgence in volumes […]

December 28, 2023

Throughout November 2023, Port Houston managed nearly 3.5 million TEUs, reflecting a 5% decrease compared to the record volumes of the previous year. While loaded export TEUs for November experienced a 2% decline from the same period last year, the […]