Done deals: September 1, 2021
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Beginning in 2022, Schneider will add 50 Freightliner eCascadias — the truck manufacturer’s first commercial Class 8 battery-electric truck — to its Southern California intermodal operations, making it one of the largest battery-electric truck fleets in North America. Schneider has plans to add more BEVs and routes. Funding for the EVs was announced as part of the Joint Electric Truck Scaling Initiative (JETSI), which is sponsored by the South Coast Air Quality Management District (South Coast AQMD), California Air Resources Board (CARB) and the California Energy Commission (CEC).
Emergent Cold Latin America has acquired Panama-based Galores Group. This is Emergent LatAm’s second acquisition and first investment in the Central America region. Founded in 2011, Galores is the largest 3PL cold storage facility in Central America and the Caribbean. Based in Panama City near two of the region’s largest volume ports, Galores operates a warehouse with capacity for 21,000 pallets, and additional land available for expansion. The business offers value-added services including bonded storage, blast freezing, cross-docking and order picking. Galores also owns a fleet of transportation assets to handle both port drayage and last mile distribution.
Hapag-Lloyd has ordered another 75,000 TEU dry boxes. The containers will be manufactured in China and delivered in the fourth quarter of 2021. Since the beginning of 2020, the shipping line has ordered 625,000 TEU. The company said normal turnaround time for containers is 50 days, but congestion at ports, terminals and inland operations worldwide means they are now taking up to 60 days and more. About 20 percent more containers are in transit while transporting the same amount of cargo before the crisis. Hapag-Lloyd now has a container fleet of more than 2.8 million TEU, including 250,000 TEU reefer containers.
CEVA Logistics is transporting oxygen concentrators from the U.S. to Indonesia via Singapore. The aid project was organized by the Singapore Changi Airport Group. The project’s first shipment from Los Angeles weighed more than 14,000 kilograms and was delivered directly to the CEVA Logistics warehouse located within the Airport Logistics Park of Singapore. The shipment was further consolidated at the CEVA facility before leaving Singapore for Jakarta on Aug. 19.
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