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Hamburger Hafen und Logistik AG (HHLA) increased its group revenue by more than 6 percent to EUR 1.25 The group’s operating result (EBIT) of EUR 173 million increased by more than 5 percent (previous year: EUR 164 million). . HHLA’s Intermodal activities continued to develop very successfully. million TEU) and road transport (0.4
The launch of the Ocean Buying Group promises to provide an innovative ocean freight procurement solution for shippers with enhanced purchasing power, service monitoring and cost transparency. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. Subscribe today.
Visitor registration is open for Intermodal Europe 2022 , the leading container shipping and intermodaltransport event which returns 8 – 10 November to the RAI, Amsterdam.
Widdows is also the executive chairman of American Intermodal Management, which provides shipping, logistics, terminals and intermodaltransportation consultancy services globally. Prior to joining Rickmers, Widdows was group president and CEO of Neptune Orient Lines, the parent company of APL. Compliance to U.S.
There are a few companies that buck this trend though, such as MSC Mediterranean Shipping Company. As for services, the group handles general cargo, reefer cargo, project cargo, and intermodaltransportation covering more than 500 ports worldwide. The Ideal Workplace. Development-Focused.
Senior freight exces have told Logistics Trends & Insight s’ Cathy Roberson that they are encouraging some shippers to consider switching to air freight over July. In New York/New Jersey there’s currently a lot of construction to improve intermodaltransport that’s causing enough distraction.
Dysfunctional trends. While analysts there have yet to comment on this worrying trend, other experts have been highly critical of the industry. Dan Smith , principal with ocean industry consultancy The Tioga Group, finds far too many impediments to recovery absent a radical change in its business culture.
Saying intermodal volume growth for the first quarter was decent would be an understatement. Total first quarter intermodal volume movements-at 4,547,247-were up 7.2% Casey said that if the economy remains strong, the solid first quarter volume trends are expected to continue into the second quarter. difference.
Chad Buch, JLL Research Manager , explained in an interview that this JLL paper served as a “refresh” of a 2014 intermodal publication, entitled “The re-emergence of the iron horse.”. This is really an expansion of some of the trends we looked at then,” he said. The trends and structure [for inland intermodal ports] are there.
Data issued this week by the Intermodal Association of North America (IANA) in its “Intermodal Market Trends & Statistics Report” pointed to continued intermodal volume growth in the third quarter, albeit at somewhat reduced levels. Total third quarter intermodal volume movements, at 4,843,308, headed up 4.7%
Chad Buch , JLL Research Manager, explained in an interview that this JLL paper served as a “refresh” of a 2014 intermodal publication, entitled “ The re-emergence of the iron horse.”. This is really an expansion of some of the trends we looked at then,” Buch said. The trends and structure [for inland intermodal ports] are there.
What’s more, it has led to many freight rail stakeholders wondering if the railroads can handle, or support, additional demand should things trend up from here. to 252,162, and intermodal units were up 6.3% Jeff Berman, Group News Editor. For the week ending June 2, the AAR reported that U.S. rail carloads were up 0.2%
Tony Hatch, president of New York-based ABH Consulting , explained that while the 2018 intermodal volume numbers were solid, it comes with the caveat of a missed opportunity at the same time. “By By growing at trend, it seems hard to complain – that’s a healthy long term growth rate,” he said. About the Author.
For those same railroads, other key metrics-such as the average number of cars in revenue service that have not moved in 48 hours or more-are trending in an unfavorable direction.” Jeff Berman, Group News Editor. Jeff Berman is Group News Editor for Logistics Management , Modern Materials Handling , and Supply Chain Management Review.
For those same railroads, other key metrics-such as the average number of cars in revenue service that have not moved in 48 hours or more-are trending in an unfavorable direction, STB said. Jeff Berman, Group News Editor. About the Author.
But such challenges are just a part of doing business globally, reckons logistics firm Gefco, which is owned by Russian Railways and Groupe PSA. “We Looking ahead, the consensus among logistics firms seems to be that, while Turkey’s economic problems are bad, they are not crippling to the overall growth trend for its automotive business. .
While it appears that the market is supporting far more robust rates, Schreiber is circumspect when examining this trend. COSCO Group. CMA CGM Group. Yang Ming Marine Transport Corp. IRISL Group. X-Press Feeders Group. Alphaliner Top 35 Ocean Carriers. Operated fleets as per September 2018). APM-Maersk.
Also, shippers must even understand a few things about this year’s logistics trends. They should consider the challenges, innovations and possible outcomes as the significant supply chain trends take hold. For instance, Union Pacific Group (UP) estimates it total international trade volume at 40%. Blockchain is one of these.
At the Rail Trends conference in New York City, which was hosted by Progressive Railroading magazine and independent railroad analyst Tony Hatch in November 2018, the topic of the 45G tax credit received a fair amount of attention. Jeff Berman, Group News Editor. About the Author.
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