Total POLA January volumes, at 852,440 TEU (Twenty-Foot Equivalent Units) marked a 5.4% annual gain and represent the busiest January output for the port in its 112 years of operation. POLB January volume, at 657,286 TEU, was off 0.1% annually compared to January 2018, which is the port’s highest all-time level for January. Source: logistics Mgmt
Marseille, France-based global container shipping company CMA CGM remains intent on acquiring CEVA Logistics, a global third-party logistics (3PL) services provider based in Hoofddorp, the Netherlands for $1.65 billion, according to various reports and filings. Source: logistics Mgmt
A new report issued this week by the American Association of Port Authorities (AAPA) makes the case for the crucial need for roughly $4 billion in port and supply chain security needs over the next decade. Source: logistics Mgmt
The Ocean Alliance, a collective ocean carrier concern comprised of COSCO Shipping, CMA CGM, Evergreen Marine, and Orient Overseas Container Line Limited (OOCL) introduced a new offering this week, entitled the Ocean Alliance Day 3 Product. Source: logistics Mgmt
The push to beat pending tariffs on goods imported from China, which has been a major theme in global shipping for the last several months, showed signs of slowing in the most recent edition of the Port Tracker report. Source: logistics Mgmt
When Damco’s Supply Chain Services and Maersk Line’s Ocean Product are finally integrated On January 1st, 2019, A.P. Moller - Maersk hopes that shippers will have “fewer touchpoints” and more comprehensive offerings. Source: logistics Mgmt
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