EagleRail Container Logistics, a global container company, has signed a Memorandum-of-Understanding (MoU) with the Chittagong Port Authority to begin the first steps toward transforming and improving throughput on their overcrowded and gridlocked port roads and gates.
In a statement about the logistic deal, EagleRail Container Logistics said it has created the first automated, patented and environmentally-conscious system to increase port throughput and capacity.
Its technology and infrastructure solution replaces the manual reliance on diesel trucks with a short-haul, suspended overhead container movement system that quickly lifts containers from ships and shuttles to local yards or intermodal transportation hubs.
This allows cargo to bypass ground obstacles, such as roadways and open water. Container traffic is growing all the time and the industry is growing at a rate of 6-8% every year.
EagleRail says its solution is emission-free and has been proven to cut CO2 and particulate pollution by up to 60% when compared to diesel trucks.
In addition to the MoU in Bangladesh, EagleRail also has an agreement in place in Gujarat, India, as well as with many other system implementation discussions underway in Brazil, South Africa and China.
Furthermore, as part of its global strategy, it has partnered with China-based container crane and cargo handling equipment leaders ZPMC. As well as that, it has working closely with industry-leading virtual conveyance-planning software FlexSim to provide efficiency and financial data.
Mike Wychocki, CEO, EagleRail Container Logistics, said: “We are honored that officials in Bangladesh have given the green light to investigate ways to bring our solution between their existing and new terminals and intermodal connections.
“The gridlock of commerce occurring between ports and intermodal points can no longer be ignored, and that’s why authorities from 17 countries are in discussions with us to study potential port and rail throughput-improvement rates by bringing our patented solution to their nations.
“Our system will transform port and intermodal connectivity around the world.”
Ian Harris, Vice President Strategic Sales, COSCO Shipping Lines, also commented on the logistic deal, “With the continued growth in global trade and ships now several times larger than their predecessors only a decade ago, ports constantly struggle to keep their yards unclogged and functioning properly.
“The terminals need a higher velocity and higher flow technology than individual trucks or legacy on-dock rail where availability is hampered by railcar imbalances or engine and power shortages.
“To maintain yard fluidity, it is essential to be able to transport thousands of containers in and out of the terminals in the shortest time possible.”