Late gate progress

TRAC man takes over as Chairman at IICL; new CEO at Port Tanjung Pelepas, Florida port executive moves north to Baltimore; Los Angeles promotions; ITCO appoints new president; EV Cargo’s Palletforce promotes COO; trucker takes logistics role at PallEx Group; new departments created in Port of Long Beach; and other appointments

After it sold a 90% stake in the Los Angeles terminal in 2017, CMA CGM is paying a hefty premium to buy it back again today.

Some charter vessels “calling to make a booking” as they sail across the Pacific.

There are thousands more containers waiting at anchor, but the maximum Los Angles can process in a month appears to be stuck in the range of 950,000 to 1M TEU.

With August volume up 11.3% year-on-year Long Beach expects to see continued growth into 2022.

New cranes will be the same as four ZPMC units delivered in 2019.