MILESTONE

In capacity crisis, fleets struggle to find equipment

A strong freight market and manufacturer backlogs have ignited demand for leased equipment from fleets far surpassing supply. This extraordinary demand could continue to outstrip supply well into 2022, especially for intermodal chassis and trailers.

As one of the largest- and fastest-growing transportation equipment lessors in the U.S., with over 95,000 trailers, intermodal chassis and domestic containers, Milestone is working to help fleets meet their demand for leased equipment in 2022. 

Chasing...

https://www.freightwaves.com/news/in-capacity-crisis-fleets-struggle-to-find-equipment

Mobile warehousing and storage frees capacity from crowded ports

Containers will continue to land at a high rate

The transportation industry is primed for uncertainty and well accustomed to chaos, but virtually every segment of the industry has experienced growing pains as consumer demand roared back to life in a new, recovering economy. Trucking capacity is tight and getting tighter. Multiple U.S. ports have experienced massive traffic jams in the first quarter of the year. With warehouses experiencing huge demand surges, companies are searching for immediate storage solutions near ports in order to keep...

https://s29755.pcdn.co/news/mobile-warehousing-and-storage-frees-capacity-from-crowded-ports

Navistar delivers 5,000th LT Series tractor to J.B. Hunt

Navistar International LT Series tractor

Just 3½ years after purchasing its first International LT Series on-highway tractor, J.B. Hunt Transport Services Inc. took delivery of its 5,000th, Navistar International Corp. said Tuesday.

J.B. Hunt (NYSE: JBHT) has more LT Series vehicles in its fleet than any other company in the general freight segment, Navistar (NYSE: NAV) said. The Lisle, Illinois-based truck and bus maker has delivered tens of thousands of vehicles to J.B. Hunt over decades of working together. 

J.B. Hunt drivers were...

https://s29755.pcdn.co/news/navistar-delivers-5000th-lt-series-tractor-to-jb-hunt

Trailer leasing offers carriers control in a volatile market

truck going down highway

The classic “lease versus buy” dilemma isn’t just about houses and cars; it’s also about trucking equipment. Carriers choose to rent trailers for several reasons, including flexibility, cost savings, and keeping their fleets young. Market volatility has also proven to be a strong motivator.

The current coronavirus pandemic has had something of a roller-coaster effect on the market – sending volumes surging in some sectors and plummeting in others. Carriers experienced weeks of tight capacity,...

https://s29755.pcdn.co/news/trailer-leasing-offers-carriers-control-in-a-volatile-market

Maersk Achieves Its Strategy Milestone

With new ownership structures in place for three out of four of the oil and oil-related businesses, AP Moller–Maersk has reached a milestone in its strategy to become a focused, integrated transport and logistics company, reports Steel Guru.

Demerging AP Moller–Maersk

With the Board of Directors’ decision to demerge AP Moller–Maersk and list Maersk Drilling as an independent company on Nasdaq Copenhagen, the shareholders of AP Moller–Maersk get the opportunity to take part in the future value...

http://mfame.guru/maersk-achieves-its-strategy-milestone/

Hutchison Ports achieves volumes milestone in 50th anniversary

Hutchison Ports, the world’s leading port investor, developer and operator, announced at its 50th anniversary cocktail reception that it has achieved a cumulative global throughput of 1.3 billion TEU – the world’s first operator to have achieved such milestone. If those containers were to be lined up end-to-end, they would go around the earth almost two hundred times.

Attending the event was guest-of-honour Mr. Frank Chan, Secretary for Transport and Housing Bureau of the HKSAR Government, who...

https://container-news.com/hutchison-ports-achieves-volumes-milestone-50th-anniversary/

Remarkable milestone for Prince Rupert Port

The Port of Prince Rupert and DP World celebrated a historic milestone as Fairview Container Terminal handled its millionth container (TEU) for the first time in a calendar year.

On December 18th, the millionth TEU was loaded onto the COSCO Africa with ILWU members and supply chain partners on hand to celebrate. The 40-foot container was loaded with dimensional lumber from Canfor’s Plateau mill at CN’s Prince George Transload Facility before arriving in Prince Rupert by rail.

“DP World is proud...

http://container-news.com/remarkable-milestone-prince-rupert-port/

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