Tuesday , 19 November 2019
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Author Archives: Emmanuel Mair

Multiple ports choose Nokia for 5G-ready private wireless networks

Nokia has deployed private wireless networks for more than 120 customers across multiple industries and geographies including a number of installations at ports. Equipment manufacturer Kalmar is among the list of ecosystem partners while there are 24 customers in transportation including the Port of Kokkola and the Port of Oulu. It is hoped that the company’s private LTE/4.9G and 5G ... Read More »

MSC appoints Søren Toft as CEO

Toft will relocate to Geneva

MSC has announced the appointment of Søren Toft as CEO, just days after he stepped down as Maersk Line’s chief operating officer. With Toft to head the company’s container shipping and logistics arm, previous CEO Diego Aponte will become group president while his father Gianluigi Aponte, founder of MSC, is group chairman. The shipping line noted in a statement: “As ... Read More »

Maersk focuses on profitability as revenue slips

Søren Skou, CEO of A.P. Moller – Maersk

Maersk delivered improved profitability across its businesses in the third quarter of 2019, outweighing a 0.9% drop in revenue to US$10.1bn. Earnings before interest, tax, depreciation and amortization (EBITDA) improved 14% to US$1.7bn in the quarter, reflecting an increase in EBITDA margin to 16.5%. Søren Skou, CEO of A.P. Moller – Maersk, said: “While the global container demand, as expected, ... Read More »

Port of Los Angeles warns of “crippling” impacts of trade war

Container volumes dropped 19% at the Port of LA in October

A new study conducted for the Port of Los Angeles indicates that tariffs threaten nearly 1.5m US jobs and more than US$186bn of economic activity nationwide. The potential risks are based on the impact of tariffs levied on cargo handled by the San Pedro Bay port complex, which covers Los Angeles and Long Beach, the two busiest container ports in ... Read More »

Tideworks establishes intermodal division and expands Florida presence

Tideworks recently implemented its TOS at CSX's 31 intermodal terminals

Tideworks Technology, a full-service provider of terminal operating system (TOS) solutions, is to create a dedicated intermodal division located in Jacksonville, Florida. The company plans to hire additional staff focused on intermodal customer success, technology and sales to augment its current Jacksonville workforce. Given the growth of its team in Florida, Tideworks will relocate its existing Jacksonville office to a ... Read More »

Nexxiot to equip VTG’s entire tank container fleet with IoT sensors

From spring 2020, Nexxiot will equip VTG Rail Europe’s entire tank container fleet with Internet of Things (IoT) sensors, so that they can be located and monitored worldwide. All of the 9,000 tank containers will be equipped with ‘Globehopper’ sensors developed by Nexxiot, aiming to bring more transparency and planning capability to VTG’s processes as well as added value for ... Read More »

Red Sea Gateway Terminal purchases two STS cranes

Red Sea Gateway Terminal (RSGT) in Jeddah has bought two new ship-to-shore (STS) cranes, as it looks to accommodate the latest generation of ultra-large container ships (UCLS) now in service. The cranes, which have a 70 m reach and a 52 m height from rail level, are worth US$22m, bringing RSGT’s total STS crane deployment to 16. Also included in ... Read More »

Exports up 11% at the Port of Oakland

The Port of Oakland saw export volumes rise by 10.8% in October, amidst reports that the US-China trade war could be easing. Port of Oakland maritime director John Driscoll said: “Our export customers have demonstrated their resilience throughout this tariff standoff. For their sake, we hope the conflict is resolved and overseas business can grow even more.” The port shipped ... Read More »

Ashdod Port looking for start-ups to take greater role in port activities

The port handled 1.5m teu last year

Ashdod Port is inviting start-ups to participate in a new project spearheaded by Israel’s Innovation Authority, aiming to help develop technologies and products for the port’s core fields. As part of the project, the port will provide the winning companies with an experimental area with overseas potential. In this area, personnel from start-ups can conduct technological development of products designated ... Read More »

Carrier Transicold launches digital tool and new active CA system

The TripLINK dashboard

Carrier Transicold launched a digital tool to add cargo visibility at Intermodal Europe as well as a new active Controlled Atmosphere (CA) system to preserve the quality of perishable cargo. The EverFRESH CA system aims to optimise the balance of oxygen and carbon dioxide within a refrigerated container, slowing respiration and the natural ripening of the commodity inside, thus preserving ... Read More »