Freight Business Journal North America

International, Trade/B2B

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Articles

Emerger Unveils Cloud-based Logistics Platform

1 week ago | fbjna.com | Gary G. Burrows

New logistics software provider Emerger on April 8 announced the launch of an all-in-one cloud-based project logistics software platform to empower logistics professionals to save time, increase productivity, and reduce operational cost. Emerger utilizes technology to streamline communication and transactions between shippers and logistics service providers to simplify the transportation process.
Drewry’s World Container Index Rises 3%

1 week ago | fbjna.com | Gary G. Burrows

Drewry, the maritime research and consultancy, said its World Container Index rose 3 percent to USUS$2,265 per 40-foot equivalent unit, or FEU, the week of April 10. The latest Drewry WCI composite index is 78 percent below the previous pandemic peak of USUS$10,377 in September 2021 but was 59 percent higher than the average 2019 (pre-pandemic) rate of USUS$1,420.
EU Greenlights DSV’s $15.8B Schenker Purchase

1 week ago | fbjna.com | Gary G. Burrows

Danish logistics company DSV has secured EU antitrust approval for its US$15.85 billion acquisition of German rival Schenker, creating what will become the world’s biggest logistics company, the European Commission said April 9, Reuters reported. DSV announced the deal for the logistics arm of German state-rail operator Deutsche Bahn in September 2024. The European Commission, which acts as the antitrust enforcer in the 27-country European Union, said the deal poses no competition issues.
Descartes Streamlines Air Cargo Data Exchange

1 week ago | fbjna.com | Gary G. Burrows

Descartes Systems Group, the on-demand, software-as-a-service solutions provider, announced that the Descartes Air Messaging solution has streamlined the transmission of air shipment data according to the International Air Transport Association’s ONE Record messaging standard. IATA’s ONE Record initiative aims to help airlines, their partners and service providers digitize air cargo messaging services by Jan.
Best Practices Compiled for Maritime Security

1 week ago | fbjna.com | Gary G. Burrows

Six industry associations, supported by more than 40 maritime stakeholders, have released a consolidated and enhanced publication: Best Management Practices (BMP) for Maritime Security (MS).
Brownsville Updates Drive Economic Growth

1 week ago | fbjna.com | Gary G. Burrows

The Port of Brownsville is advancing on more than US$300 million in projects at the port, including creating U.S. operation for Mexican trade. Food manufacturer Westa Inc., the first tenant of the Port of Brownsville’s 118-acre business park, is finalizing the layout for its US$20 million facilities at the port.
Drewry’s World Container Index Falls 4%

3 weeks ago | fbjna.com | Gary G. Burrows

Drewry, the maritime research and consultancy, said its World Container Index decreased 4 percent to USUS$2,168 per 40-foot equivalent unit, or FEU, the week of March 25. The latest Drewry WCI composite index is 79 percent below the previous pandemic peak of USUS$10,377 in September 2021 but was 53 percent higher than the average 2019 (pre-pandemic) rate of USUS$1,420.
Camire Vanishes, Barrs Nominated to FMCSA Post

3 weeks ago | fbjna.com | Gary G. Burrows

The Trump administration has nominated Derek Barrs to serve as Federal Motor Carrier Safety Administrator after acting administrator Adrienne Camire inexplicably disappeared from the agency’s top post, Transport Topics reports. Barrs, a former Florida Highway Patrol chief with more than three decades of public safety experience, would take a role that has seen a series of leadership changes.
APM Extends Elizabeth Terminal Lease 33 Years

3 weeks ago | fbjna.com | Gary G. Burrows

The Port Authority of New York and New Jersey, or PANYNJ, on March 27 approved a lease extension for A.P. Moller – Maersk’s APM Terminals Elizabeth lease through December 2062, Maersk reported. Originally set to expire in 2029, the 33-year lease extension marks a significant milestone in the company’s relationship with the port, which dates back more than a century. The extension paves the way for major infrastructure investments to enhance capacity and transport velocity.
Ports Seek to Optimize Lower Mississippi River

3 weeks ago | fbjna.com | Gary G. Burrows

The World Trade Center New Orleans, or WTCNO hopes to utilize comprehensive analysis to optimize global commodity flows and maximize the economic benefits of the Lower Mississippi River region.