CMA CGM Stonepeak Launch 10B Global Ports Venture

CMA CGM Stonepeak Launch 10B Global Ports Venture

CMA CGM and Stonepeak have partnered to establish “United Ports,” a joint venture valued at approximately $10 billion, focused on global terminal investment and operation. CMA CGM will contribute 10 terminal assets and manage operations, while Stonepeak will invest $2.4 billion, with potential for future investments. The transaction is expected to be completed in the second half of 2026. The new entity aims to leverage CMA CGM's operational expertise and Stonepeak's financial strength to expand and optimize port infrastructure worldwide.

02/05/2026 Logistics
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West Coast Ports Face Costly Congestion Amid Shipping Delays

West Coast Ports Face Costly Congestion Amid Shipping Delays

The Port of Seattle is experiencing significant congestion at its largest container terminal, Terminal 18, due to a surge in volume attributed to new shipping alliance operations. Truck turnaround times have increased dramatically from one hour to a full day. Truck drivers face high waiting fees. Port authorities, shipping companies, and government agencies are implementing measures to alleviate the congestion, such as extending operating hours and establishing waiting areas. Advance notification of arrival times is being considered as a crucial step in resolving the congestion issues.

02/12/2026 Logistics
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Outpost and Greenpoint Invest 1B to Expand Trucking Terminals

Outpost and Greenpoint Invest 1B to Expand Trucking Terminals

Outpost secures $1 billion investment from GreenPoint to accelerate the expansion of its nationwide truck terminal network. This investment aims to improve efficiency, reduce costs, and build an intelligent logistics platform. The expanded network will provide crucial infrastructure for the trucking industry, facilitating smoother freight movement and optimized supply chain operations. Outpost's focus on intelligent operations will leverage data and technology to enhance terminal management and improve overall network performance. The funding will support the development of cutting-edge technologies and infrastructure to revolutionize the trucking industry.

02/04/2026 Logistics
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Decoding CNM and KCNM Cavern City Air Terminals Airport Codes

Decoding CNM and KCNM Cavern City Air Terminals Airport Codes

This article provides a detailed explanation of the airport code system for Cavern City Air Terminal, including the IATA code CNM, the ICAO code KCNM, and the FAA code CNM. It elucidates the meaning of these codes, their application scenarios, and their importance within the air transportation system. The aim is to offer a professional reference for practitioners and enthusiasts in the field. This information is crucial for identification, navigation, and communication within the aviation industry, ensuring smooth and efficient operations at Cavern City Air Terminal.

01/22/2026 Airport Codes
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West Coast Ports Halt Chassis Fee Amid Cost Dispute

West Coast Ports Halt Chassis Fee Amid Cost Dispute

West Coast terminal operators' suspension of chassis service fees has sparked a dispute between leasing companies and terminal operators regarding land cost allocation. Leasing companies filed a complaint with the Federal Maritime Commission, temporarily halting the fees. The solution lies in strengthening industry cooperation, exploring new business models, and improving laws and regulations to achieve a win-win situation for all parties and ensure supply chain stability. This dispute highlights the complexities of port operations and the need for collaborative solutions to maintain efficient and reliable supply chains.

01/28/2026 Logistics
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United Nations Convention On Contracts For The International Sale Of Goods The Legal Foundation Of Global Trade

United Nations Convention On Contracts For The International Sale Of Goods The Legal Foundation Of Global Trade

The United Nations Convention on Contracts for the International Sale of Goods provides a legal framework for global trade, eliminating barriers caused by legal discrepancies. This convention promotes flexibility in contracts and principles of fairness, ensuring that the rights and obligations of both parties are clearly defined, thus fostering the continued development of honest international transactions.

07/24/2025 Logistics Encyclopedia
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Alibaba Bans Alcohol Sales to Saudi Arabia in Compliance Move

Alibaba Bans Alcohol Sales to Saudi Arabia in Compliance Move

Alibaba.com has announced a new regulation prohibiting the sale of alcoholic beverages and food products to Saudi Arabia. This rule, effective February 18, 2025, is based on Saudi Arabian law and Islamic Sharia, which forbids the sale of alcohol. Merchants are advised to review existing orders and adjust their sales strategies accordingly. Alibaba.com will strengthen its monitoring and impose penalties on violators. This measure aims to ensure that platform merchants comply with Saudi Arabian laws and highlights the importance of compliant operations in cross-border e-commerce.

11/03/2025 Customs Knowledge
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Blume Global ICTSI Launch Maritime Payment Platform

Blume Global ICTSI Launch Maritime Payment Platform

Blume Global's Appointment Scheduling platform offers a new solution for maritime terminal operators to manage appointments and online payments. ICTSI is the first to implement this technology, significantly enhancing container turnover efficiency and operational transparency, thus advancing the global digitization process of terminals.

08/06/2025 Logistics
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Outpost Adds Four Freight Terminals in National Expansion

Outpost Adds Four Freight Terminals in National Expansion

Outpost has added four new freight terminals, transitioning from a single fleet service to a comprehensive shared terminal model. This initiative aims to provide a full range of logistics solutions, including cross-docking, maintenance facilities, and warehousing space, enhancing service efficiency and market competitiveness.

08/06/2025 Logistics
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