Centerline Logistics Acquires JMB Shipping

Centerline Logistics Acquires JMB Shipping

Seattle-based maritime transportation services provider Centerline Logistics has acquired maritime asset holding firm JMB Shipping from investment firm JMB Capital Partners Lending, giving Centerline ownership and control of sought-after Jones Act maritime assets such as liquid tank barges and tugs, Centerline Logistics announced Feb. 26. “JMB Shipping's assets are among the most unique and desirable in the coastal Jones Act market,” Centerline Logistics CEO Matt Godden said. “Given the growing emphasis on domestic energy security, these assets have been, and will remain, crucial additions to Centerline's fleet.” Before the acquisition, which closed Feb. 23, Centerline leased and managed the JMB…
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Matson Expecting Improved Trade During 2nd Half of Year

Matson Expecting Improved Trade During 2nd Half of Year

The ocean transportation and logistics business segments for Hawaii-based shipping company Matson performed well despite being down from the high level pandemic-driven demand of the last two years, company Chairman and Chief Executive Officer Matt Cox said April 19. “Within ocean transportation, our China service generated lower year-over-year volume and freight rates, which were the primary contributors to the year-over-year decline in our consolidated operating income,” he said. In the first quarter, retail consumers managed their inventories more conservatively in the backdrop of weakening consumer demand, rising interest rates and economic uncertainty, he said.  “As such, we expect our CLX…
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World Distribution Services Opens New Tacoma Facility

World Distribution Services Opens New Tacoma Facility

World Distribution Services has opened a new 300,000-square-foot distribution facility in Tacoma, the company announced Oct. 10. The facility, its fourth new location in less than two years, shows the creative warehouse logistics solutions provider’s commitment to the Pacific Northwest, WDS said. The new facility adds warehouse capacity as well as cross-docking and inland distribution service, moving freight more fluidly and bypassing bottlenecks at other West Coast seaports, the company said. The location offers a 36-foot clear height, 46 dock doors, a modern warehouse management system and lots of parking for trailers, the company added. “Responding to market demand, as…
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Port of Oakland Partners on Transportation, Logistics Workforce Training

Port of Oakland Partners on Transportation, Logistics Workforce Training

The Port of Oakland and the West Oakland Job Resource Center are teaming up to provide training for workers for green jobs in the transportation and logistics industry, the port announced Sept. 26. The center, which launched the “Greening the Transportation, Distribution and Logistics Industry” initiative, netted a $350,000 California Energy Commission’s Clean Transportation Program grant, which is part of the commission’s $100 million annual investment to communities by fast-tracking the development and deployment of green transportation and fuel technologies, the port said. The project seeks to create roads to good-paying, quality jobs in marginalized communities. Those in the program…
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Lynden Transport Nets Quality Award

Lynden Transport Nets Quality Award

Alaska freight mover Lynden Transport recently received a Quest for Quality Award from Logistics Management magazine, its 26th such award, the company announced Thursday, Aug, 18. In the Western Regional Less-than-Truckload (LTL) category, Lynden Transport had the highest overall weighted score among carriers this year, with a first in the performance and information technology categories, and tied for first in the equipment and operations categories. The annual awards spotlight outstanding service and performance by carriers, ports and logistics providers. Lynden Transport President Paul Grimaldi said the company is pleased that its customers have honored the firm with another Quest for…
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