TRANSPORTATION

J.B. Hunt and BNSF Announced a Partnership to Improve Intermodal Capacity Challenges

J.B. Hunt and BNSF | March 17, 2022

BNSF Railway Company and J.B. Hunt Transport Services Inc. have partnered to launch a joint effort aimed at substantially improving capacity in the intermodal marketplace in order to meet the expanding needs of their customers.

Intermodal services have seen a considerable increase in demand in recent years as businesses seek to secure capacity while lowering prices and carbon emissions. J.B. Hunt plans to grow its intermodal fleet to 150,000 containers in the next three to five years, a 40 percent increase from its present count at the end of 2021, based on existing and expected trends. From 2020, the organization has completed over four million intermodal cargoes.

 “Increased demand and constrained capacity have disturbed intermodal in recent years, leading to low container velocity and high dwell times. J.B. Hunt and BNSF will collaborate to restore the consistency and reliability that consumers demand from intermodal services, as well as expand intermodal conversion and transloading services. This goal is in line with J.B. Hunt's mission statement, which is to "build the most efficient transportation network in North America."

-John Roberts, president and CEO of J.B. Hunt

J.B. Hunt will increase its container count while also adding supporting chassis based on market demand. Together both companies have spent billions of dollars to make sure that intermodal can grow with customers and meet the growing demand for intermodal services.

“For more than 30 years, J.B. Hunt Transport Services and BNSF's predecessor, Santa Fe Railway Company, The Atchison, Topeka, and loaded a Hunt trailer onto a railcar to help usher in the modern age of intermodal freight transport," said Katie Farmer, BNSF president, and CEO.

BNSF's industry-leading services combined with J.B. Hunt's unrivalled intermodal products have established a new benchmark for seamless door-to-door transportation. Combining our platforms with real-time data exchanges will raise the bar on service to the next level through technology and creativity. The aim is to provide the best of both worlds: cost-effective and ecologically responsible service from the industry's top providers.

The companies will leverage technology, including the industry-leading J.B. Hunt 360°®, to boost rail transport efficiencies. The 360°® is one of the few digital freight matching platforms in the industry that supports intermodal services. According to J.B. Hunt's research of 360 transactions and annual bid activity, an additional 7 to 11 million tons of cargo might be converted to intermodal, allowing for long-term growth while reducing carbon emissions.

In 1989, J.B. Hunt and BNSF created a first for modern transportation by inventing a double-stack shipping solution that would complement both rail and trucking services. With more than 109,000 53' containers with company-owned chassis and tractors, J.B. Hunt now has the largest company-owned intermodal fleet in North America. BNSF owns and operates the world's largest intermodal rail network, transporting over a million intermodal units per year than any other railroad. Thanks to their investments, they also own the fastest intermodal route between Southern California and the Midwest.

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SUPPLY CHAIN

CMA CGM Launching New Early Container Return Incentive to Increase Supply Chain Velocity and Help Shippers Offset Carbon Footprint

CMA CGM | September 30, 2022

The CMA CGM Group, a global player in sea, land, air and logistics solutions, announced the launch of TEUs to Trees, an early container return incentive program designed to increase climate change mitigation in the United States while assisting in the overall effort to improve both the fluidity and velocity of the supply chain. The program will be in effect from October 1, 2022, to December 30, 2022. A Group dedicated to reducing carbon emissions and promoting sustainable operations This new incentive program is an opportunity to reward customers for doing their part to increase equipment availability while also helping them offset their environmental footprint. The carbon credits CMA CGM will purchase on behalf of its customers will notably be used to expand U.S. forestry, support urban resilience projects in vulnerable communities and drive the creation of additional offset projects in the United States. Through this program, the Group also aims to partner with its customers and move forward together towards a more sustainable shipping. In order to increase impact, CMA CGM has also expanded this new early container return incentive to cover both refrigerated and dry containers as well as every U.S. ocean terminal where CMA CGM receives empty containers. This enables shippers of all sizes and locations to offset carbon emissions and positively contribute to socio-environmental projects in the United States. A continued effort to improve supply chain velocity in the United States With a thriving global economy, the shipping industry has experienced an unprecedented spike in demand throughout North America, leading to increased pressure on capacity and ports. Throughout the surge, CMA CGM has leveraged its extensive capabilities that include sea, land, air, and logistics services to provide an array of flexible transport solutions to assist customers. The company has also increased capacity and made significant investments in equipment. In addition, CMA CGM was the first to freeze spot rates, and in March of this year, the Group dedicated vessel capacity to small and medium enterprises in both Europe and North America at rates typically only provided to high-volume shippers. This newly launched incentive program is the third implemented by CMA CGM to encourage early pickup and return of containers. An innovative program with positive socio-environmental impact CMA CGM's new incentive program is projected to result in forest conservation and urban resilience projects in some of the United States' most vulnerable communities.Credits will be provided to CMA CGM customers that return both dry and refrigerated containers originating from nearly 20 Asian countries to CMA CGM-approved return locations in port cities throughout the United States (rail ramps not included). Throughout the program, each applicable importer of record (consignee listed on the Bill of Lading) will receive, 2.5 tons of carbon credits per container returned during calendar days 1–4. To calculate the credit, CMA CGM will utilize EDI transaction data and will not require invoices or additional documentation from customers. A progress report every 30 days. At the end of the program, customers will be issued an official carbon offset certificate for total credits earned. Solutions designed to accelerate the energy transition of shipping and logistics The CMA CGM Group has pledged to be Net Zero Carbon by 2050 and, as a result, has implemented a very focused decarbonization strategy. USD 1.5 billion Special Fund for Energies: The CMA CGM Group announced earlier this month that it is creating a USD1.5 billion Special Fund for Energies to accelerate its energy transition. The Fund will be structured around four lines of focus: Supporting the development and production of renewable fuels; Accelerating the decarbonization of port terminals, warehouses, and truck fleets; Supporting, testing and launching projects at the cutting edge of innovation; and pursuing energy savings and improving the energy efficiency of CMA CGM employee working methods and daily mobility. E-methane Ready Fleet: In 2017, CMA CGM was the first to invest in dual-fuel vessels that currently run on Liquefied Natural Gas (LNG). The engines installed on these vessels are already compatible with biomethane and e-methane. Currently the Group has 31 "e-methane ready" vessels in service and will have a total of 77 by 2026. Alternative Energy Investments: The Group is investing in a variety of projects designed to accelerate the development of new energies. CMA CGM recently joined the Jupiter 1000 Project, which aims to produce e-methane using green hydrogen generated from sustainable electricity and CO2 captured from industrial processes. CMA CGM also announced in July 2022 with Engie, a global leader in low-carbon energy and services, plans to co-invest in the Salamander project, the first industrial and commercial unit for second-generation biomethane production. Bunkering Infrastructure: To support the growth of an e-methane ready fleet, the CMA CGM Group is also helping develop port infrastructure to support the bunkering of alternative energies. In 2021, the Group completed the very first ship-to-ship LNG simultaneous bunkering operation at the Port of Shanghai, which is a new milestone for the energy transition. Environmentally-focused service offerings: CMA CGM has also dedicated itself to supporting the decarbonization journey of its customers and, as a result, has developed a range of innovative services called ACT with CMA CGM+. These services enable customers to measure, analyze, reduce and offset their carbon footprint when shipping with CMA CGM. Actions to preserve and restore marine and inland biodiversity, notably towards oceans, mangroves or forests, which are strong natural carbon sinks, essential to absorb greenhouse gas such as a partnership with the Chesapeake Bay Foundation in Maryland and Virginia to plant millions of juvenile oysters on newly constructed reefs to preserve water quality and biodiversity, and the Reef Recovery program with five coral nurseries worldwide, including one in Florida. CMA CGM also partners with the Woods Hole Oceanographic Institution to increase protection of the North Atlantic Right Whale, and recently launched two passive acoustic monitoring buoys off the coast of Norfolk, Virginia, and Savannah, Georgia. "Our newest incentive program is a perfect example of our continual quest to create innovative solutions that result in BETTER WAYS of doing business. Encouraging customers to return boxes sooner provides additional containers and chassis for export bookings, and the type of incentive we are offering will result in the formation of new socio-environmental projects right here in the United States. It is our hope that through this program, others in the industry will be inspired to leverage their capabilities to positively impact the environment and our local communities." -Ed Aldridge, President of CMA CGM America and American President Lines About CMA CGM Led by Rodolphe Saadé, the CMA CGM Group, a global player in sea, land, air and logistics solutions, serves more than 420 ports around the world across 5 continents, with a fleet of 583 vessels. The Group transported 22 million TEU containers (twenty-foot equivalent units) in 2021. With its subsidiary CEVA Logistics, a global logistics player which transported 474,000 tons of air cargo and more than 21 million tons of inland freight, and its air cargo division CMA CGM AIR CARGO, the CMA CGM Group is constantly innovating to provide customers a comprehensive and increasingly efficient offering, thanks to new shipping, inland, air freight and logistics solutions. Firmly committed to the energy transition in shipping and a pioneer in its use of alternative fuels, the CMA CGM Group has set a Net Zero-Carbon target for 2050. Each year, via the CMA CGM Foundation, the Group supports thousands of children as part of its efforts to promote education for all and equal opportunities. The CMA CGM Foundation also intervenes in humanitarian crises requiring an emergency response by calling on the Group's shipping and logistics expertise to deliver humanitarian supplies around the world. Present in 160 countries through its network of more than 400 offices and 750 warehouses, the Group employs 150,000 people worldwide, including 2,900 in Marseille where its head office is located. In the United States, CMA CGM, which is headquartered in Norfolk, Va., employs more than 22,000 people. Its subsidiary, American President Lines (APL), operates a fleet of U.S.-flagged vessels and supports U.S. territories and American military stationed around the world.

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SOFTWARE AND TECHNOLOGY,TRANSPORTATION

Einride Goes Live in Germany – Introduces a New Generation of Shipping Technology

Einride | September 15, 2022

Einride, a freight mobility technology company that provides digital, electric, and autonomous shipping, announced its expansion into Europe’s largest transportation market – Germany. In conjunction with the official launch, Einride has signed an impressive list of local partners including global appliance leader Electrolux.“Germany is in the driving seat of Europe; where it goes others follow suit,” said Robert Falck, Founder and CEO of Einride. “We have the opportunity and technology to bring the biggest change to the freight industry since the invention of the internal combustion engine and are ready to join forces with local partners to make transportation history.” Through its freight mobility platform Einride Saga, electric and autonomous fleets and charging and connectivity networks, Einride enables companies to move goods from A to B in a smart, green and cost-effective way. It already operates a large fleet of heavy-duty electric trucks in Sweden and the U.S., where Einride partners with industry giants such as Lidl Sweden, Maersk and Oatly. Operations with Electrolux follow a successful partnership in Sweden and are expected to reduce CO2 emission by 92% compared to driving with diesel. Other Einride partners have seen a similar decrease while matching the cost of diesel. “The German road freight sector is facing its biggest challenge to date – with rising fuel and energy costs, a driver shortage and the government demanding emissions be cut in half by 2030, We know that through digitalization, automation and electrification we can dramatically reduce costs, delivery times and emissions. Now it’s time for German shippers to adopt a new generation of freight technology and future-proof their business.” -Robert Ziegler, General Manager Europe of Einride Einride will initially set up a regional office in Berlin. In addition to the German capital focus, logistical hubs in Hamburg and the Ruhr Area will also be built. A charging grid along Germany's most important commercial routes and neighboring trade regions will be implemented to enable customers and partners to seamlessly electrify transportation. About Einride Einride is a freight mobility technology company building the grid for the future of the shipping industry. Founded in 2016, Einride became the first company to pioneer a freight mobility grid by deploying an autonomous, electric vehicle on a public road (Sweden, 2019). In 2022, it was the first company to receive approval to operate a pod on a U.S. public road. Through its freight mobility platform Einride Saga, its electric and autonomous fleets, and its charging and connectivity networks, Einride enables shippers to deploy sustainable and cost-competitive freight mobility for their business. For more information, please visit einride.tech.

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TRANSPORTATION

Trimble Showcases Customer-Driven Platform Strategy to Open its Insight Tech Conference + Expo

Trimble Transportation | August 16, 2022

Trimble (NASDAQ: TRMB) kicked off its 2022 Insight Tech Conference + Expo by highlighting its focus on empowering and enabling carriers, shippers and brokers to work better together. In Monday's Opening Session, Trimble leaders detailed its Connect and Scale 2025 strategy, centered on building industry-leading cloud platforms to streamline the industry lifecycle of transportation—from procurement to planning to execution. "We are creating a digital experience that seamlessly integrates data, solutions and workflows to transform the way our customers work, By facilitating these connections, Trimble is uniquely positioned to make transportation more collaborative, productive and sustainable—for our customers, our planet and everyone the supply chain serves." -Rob Painter, president and CEO of Trimble. To support this commitment to collaboration, the 2022 edition of Insight showcases a variety of transportation industry suppliers, including integration partners and providers of competing solutions. This inclusive approach provides attendees with an unparalleled opportunity to learn about technology trends, share ideas and gain inspiration to enhance all aspects of their operations. After hosting the event virtually in 2020 and 2021, this year's in-person conference features four days of networking and educational opportunities among industry leaders. Monday's Opening Session also gave attendees the opportunity to learn about Trimble's continued commitment to creating an ecosystem for all transportation stakeholders to be more connected. "Since we last gathered together in person three years ago, the world has changed—but this change has reinforced the crucial role of technology in reducing inefficiencies and maximizing utilization throughout the industry, We remain dedicated to developing solutions that not only solve our customers unique business challenges but enable them to improve collaboration and connectivity with partners across the supply chain." -Ron Bisio, senior vice president of Trimble Transportation The 2022 Insight Tech Conference + Expo takes place Aug. 14-17 at the Walt Disney World Swan and Dolphin Resort in Orlando, Florida. Highlights from this year's agenda include hundreds of educational sessions, customer recognition through the 2022 Ovation Awards and an engaging keynote with Microsoft's Scott Guthrie, executive vice president, Cloud + AI Group. About Trimble Transportation Trimble Transportation is transforming the supply chain by empowering stakeholders—drivers, carriers, intermediaries and shippers—to connect via a common platform in order to integrate data and optimize procurement, planning and execution workflows to effectively maximize resource utilization. The unmatched combination of Trimble's enterprise transportation management systems (TMS) and asset maintenance solutions for the back office, driver mobility solutions and routing and navigation capabilities enable customers to more holistically respond to the challenging transportation demands driven by today's dynamic supply chain. For more information, visit: transportation.trimble.com. About Trimble Trimble is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation. For more information about Trimble (NASDAQ:TRMB), visit: www.trimble.com.

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