The trucking operation hinges on historical tracking data and the ability to plug that information in to a “predictive shipping model,” according to a patent recently filed with the U.S. Patent and Trademark Office.
DP World said it has begun using a spreader bar on one of the cranes at its London Gateway terminal that is capable of lifting four 20-foot containers or two 40-foot containers at the same time. Andrew Bowen, engineering director of DP World, said: “This is an excellent example of DP World innovation […]
Last year, Union Pacific experienced a 11-percent rise in net income, year over year, finishing 2013 at $4.4 billion. During the fourth quarter, the railroad saw net income tick up $200 million over the same period in 2012. Revenue ticked up 7 percent from the fourth quarter of 2012, finishing the 2013 period […]
Panalpina added 41 LCL services in 2013, allowing it to reach 450 weekly services worldwide, and said Friday it is aiming for 500 this year. Its most recent additions include Santos to Veracruz, Dubai to Dammam, and Singapore to Casablanca. Frank Hercksen, Panalpina’s global head of ocean freight, stated, “As the modal […]
Kansas City Southern brought in a record $616 million in the fourth quarter of 2013, and for the full year, revenue was a record $2.4 billion, the company reported Friday. KCS attributes its fourth-quarter growth to increases in agriculture and mineral activity, and in intermodal. However, energy revenue declined by 17 percent, it […]
The port of Antwerp set a record for 2013 by handling 190,849,079 tons of freight, a 3.6 percent increase from the previous year, it announced Friday. The port said liquid bulk, which rose by 31.4 percent to 59,493,776 tons, was the main reason for its higher numbers. In contrast, TEU container volume […]
Tampa, Fla.-based bulk tank container transportation services provider Quala has acquired ProKleen, a food-grade commercial tank-washing service with locations in Oakville and Concord, Canada. Terms of the deal were not disclosed. “The purchase of ProKleen is a strong strategic move for us at this time, as we continue to expand our North […]
The competency of the crews is a major advantage of using the U.S. flag fleet when shipping goods around the world, but cost is a major drawback, according to Scott Mogavero, global logistics and planning manager at General Electric. Mogavero spoke about his experience using U.S. flag carriers last week at the U.S. […]
In a filing with the Tel Aviv Stock Exchange and Israel Securities Authority, Zim’s parent company Israel Corp. outlined a “term sheet” for a financial restructuring of the container shipping company.
A benchmark study on transportation accessorials from Transplace has found that shippers are not always accurately applying fuel surcharge schedules to their domestic transportation process, among other findings.
The Panama Canal Authority said it registered a tonnage record of 87.7 million tons during the first quarter of its fiscal year.
The American Trucking Associations reported a small 0.6-percent increase in its for-hire truck tonnage index for December, after seeing a 4.7-percent increase in November. “Tonnage ended 2013 on a high note, which fits with many economic indicators as trucking is an excellent reflection of the tangible goods economy,” said ATA Chief Economist Bob […]
”We’re seeing the results of our investments in network capacity and technology enhance our ability to offer superior service to all of our customers,” Norfolk Southern’s CEO said.
FedEx Express and Nissan Motor Co. will begin testing a 100-percent electric car, FedEx announced Wednesday. The Nissan e-NV200 will be tested in real-world conditions in Washington, D.C. Similar tests have taken place in Singapore, the United Kingdom and Brazil, but FedEx said this will be the first time has been used in […]
MOL America has named Richard Craig executive vice president for sales and operations and Richard Jung vice president of sales. Craig will continue to report to Tsuyoshi Yoshida, president and chief executive officer. “Dick’s extensive credentials and proven leadership ability with our operations department has been a tremendous asset to MOL, and […]
America’s performance as a trading partner and how shippers can approach trade with challenging countries are some of the topics to be discussed at this year’s American Association of Exporters and Importers annual conference and expo June 16-18. The 93rd annual conference will be held in Minneapolis, Minn., this year, and the group […]
Seabord Marine has signed a 10-year lease renewal for a 267,400-square-foot warehouse at a port in Medley, Fla., adding an expansion for 64,000 square feet. “Following a long-standing relationship with the landlord, we worked closely with Seaboard Marine and Prologis to strike a deal that would meet Seaboard’s near- and long-term expansion requirements […]
Hapag-Lloyd said it has signed a memorandum of understanding with the Chilean container shipping company CSAV about combining the container shipping operations of the two companies.
Opponents of a fee charged by the Port Authority of New York and New Jersey on cargo moving through the port are halfway toward their goal of having it eliminated.
Seago Line will open a direct weekly call from Aarhus, Denmark, to St Petersburg, with the first call scheduled for Jan. 25. The service will depart on Saturdays and arrive to First Container Terminal, St. Petersburg, on Thursdays. Seago Line, part of the A.P. Moller Maersk Group, has its own offices in […]
