The co-founder of supply chain technology consulting and hosting firm MavenWire is part of a group launching a logistics services and solutions provider InfoFuse. Sam Levin, known throughout the supply chain and logistics industries for his role as co-founder and president of MavenWire, will serve as president and chief executive officer. InfoFuse will […]
French liner carrier CMA CGM said it will launch a second service between the United States and Australia/New Zealand. The so-called PAD 2 service will start March 4 and complement the existing fortnightly PAD 1 service. The carrier said the new string will allow it to offer weekly service between Australia and […]
The duisport Group of Germany is planning to increase its capacity to 5 million TEUs by January 2015 due to an expansion on the left bank of the Rhine, the company announced Monday. The expansion will also include an increase in the number of gantry cranes at the terminal from six to 10. […]
After trying to sell its domestic Brazilian business for nearly a year as part of a company realignment, TNT Express has ended discussions with potential bidders and has decided to hang on to the operations.
A chemical tanker collided with COSCO’s containership Fei He on Jan. 29 while arriving in Singapore from Tanjung Pelepas. COSCO said the ship sustained damage to the portside hull, resulting in some spillage of bunker fuel. The vessel crew immediately reported the incident to Singapore’s Maritime and Port Authority (MPA). “With […]
Revenues at Canadian National Railway for 2013 ticked up to C$10.58 billion ($9.54 billion), a year-over-year rise of seven percent, but net income fell, year over year by C$68 million to C$2.61 billion. Total revenue rose on the strength of increased revenues in the petroleum and chemical, metals and minerals, and forest products […]
The liner carrier MOL (America) said this week that its on-time vessel arrival performance fell marginally from the third to fourth quarters on the transpacific trade, but rose in the transatlantic and Asia-Europe trades.
Norbert Dentressangle experienced a 3.9 percent, year-over-year increase in revenues during 2013, ending the year at 4.03 billion euro ($5.44 billion). The final result was propped up by a 9.4-percent increase, year over year, in logistics revenues, which ended 2013 at 1.95 billion euro. Transport revenue dropped by 1.2 percent when compared to […]
The Class I railroad Norfolk Southern has opened a new “thoroughbred bulk transfer” terminal in Chesapeake, Va. TBT terminals are specialized facilities that allow shippers to transfer a large array of commodities between railcars and trucks. These facilities are owned by Norfolk Southern and are operated by independent contractors. The Chesapeake terminal is […]
Kuehne + Nagel has extended its logistics provider partnership with SAS Scandinavian Airlines (SAS Technical Operation) for another three years. K+N’s Copenhagen airport office provides door-to-door logistics services to the carrier and handles a range of aircraft parts, from engines to small cockpit window bolts. “A smooth and innovative supply chain is […]
Henningsen Cold Storage has started construction on a 2.7 million-cubic-foot expansion to its Portland, Ore., facility. Originally built in 2008, the facility supports many shippers requiring frozen and refrigerated warehousing services in the Pacific Northwest, the company said. “We are simply staying ahead of the curve with our customer growth,” said Michael […]
Third-party logistics services provider Kane Is Able will add a distribution center in the Detroit area this month. The company will move into a 60,000-square-foot facility in Brownstown, Mich., located 21 miles south of downtown Detroit. The operation will provide cross dock, distribution, and transportation services, and have about 60 employees. This […]
Thursday’s online story about the Port of Jacksonville incorrectly mentioned that the North Florida Transportation Planning Organization had released a rail feasibility study. A fact sheet has been issued, but the study won’t be completed until February. The previous version also mistakenly said there was contingent language in the WRDA bill for projects to […]
Leslie Blakey of the Coalition for America’s Gateways and Trade Corridors pointed out that transportation infrastructure was raised near the beginning of the speech, while the national audience was likely at its highest point.
China has been rejecting large quantities of genetically modified corn shipped from the U.S., according to press reports.
The U.S. economy is showing signs of sustained strengthening, with gross domestic product growing 3.2 percent in the fourth quarter, according to the Department of Commerce’s preliminary assessment. GDP, the broadest measure of goods and services output, grew 4.1 percent in the third quarter. The economy was bolstered by exports, state and […]
Scott On Wednesday, Florida Gov. Rick Scott announced his proposed 2014-15 fiscal year budget, which includes $8.8 billion for public works projects in transportation overseen by the Department of Transportation. As previously reported, Gov. Scott seeks to set aside $139 million for seaport infrastructure. If approved by the legislature, the Florida DOT will […]
The American Association of Port Authorities has named Sen. Barbara Boxer, D-Calif., and Rep. Bill Shuster, R-Pa., as joint recipients of its “Port Person of the Year” award for their work on advancing transportation legislation that assists ports. Boxer Last year, Boxer, the chairman of the Senate Environment and Public Works Committee, and […]
The National Transportation Safety Board has scheduled an investigative hearing on Feb. 20 into the crash of a UPS Airbus A300-600 on approach to Birmingham-Shuttlesworth International Airport in Alabama last August. Two flight crew members were killed, and the plane was destroyed upon impact less than a mile short of the runway. Runway 18 […]
Japan’s three large shipping companies on Friday reported their results for the nine month period which ended Dec. 31, 2013. All had increased revenues, but the profit picture was mixed. The three companies — NYK, MOL and “K” Line — all have fiscal years that run from April 1 until March 31. The […]
