National Shipping of America, which in May started a fortnightly service between Houston and Puerto Rico, said it will add a southbound call to the Florida port, enabling it to offer fast transit from the mainland to the Caribbean island.
The South Carolina Public Railways has changed its name and those of each of its operating divisions to the Palmetto Railways to provide a unified brand for marketing its freight rail lines and streamline administrative functions. A state-owned utility, Palmetto Railways is a division of the South Carolina Department of Commerce. South Carolina […]
The World Shipping Council (WSC) this week said that its membership elected six executives to new two-year terms on its board. The new members are Randy Chen, Wan Hai Lines; Morten Engelstoft, Maersk Line; Ottmar Gast, Hamburg Süd; Ulrich Kranich, Hapag-Lloyd AG; Andy Tung, Orient Overseas Container Line (OOCL); and Xu Minjie, COSCO […]
The third party logistics company C.H. Robinson Worldwide said this week it has bolstered its anti-cargo theft strategy by joining CargoNet to provide customers with sensitive and high value freight with a proactive approach to strengthening security. CargoNet is a division of Verisk Crime Analytics, a Verisk Analytics company. CargoNet is centered on […]
Container carriers are revising upward planned increases in freight rates from the Far East to Europe. Maersk announced on Sept. 17 a general rate increase of $600 per TEU beginning next month. The carrier has now revised that GRI increase to $950 per TEU, effective Nov. 1. Maersk’s revised GRI will apply to […]
In September, IAG flew 467 million cargo ton kilometers, a 7.2 percent drop from the same period last year. So far this year, IAG has seen its cargo tonnage down 8.2 percent from 2012. Cargo revenue for September is down 4.1 percent, and for the year, revenue is off 2012’s mark by […]
UPS is taking its cold-chain offerings to the sea with plans to roll out a temperature-sensitive shipping program for ocean freight early next year. The announcement coincides with UPS’ expanded cold-chain offerings, Temperature True(r) Plus and Standard, which are already live. The Plus offering covers strict temperature ranges and a high level […]
The cloud-based software provider Logistical Labs on Wednesday released a new freight pricing and modal selection tool that leverages big data and social collaboration for quicker and more accurate pricing information. The product, LoadDex, is aimed at providing shippers and third-party logistics providers with faster, more accurate freight pricing. LoadDex aggregates pricing information […]
Yusen Logistics has established a sister corporation in Cambodia and will begin operations in the area Nov. 1. While the freight forwarder has had a major presence in the country since an office opened in Phnom Penh in 2011, recent growth has made it possible to spin off the Yusen Logistics (Cambodia) company, officials […]
The Highest Economic Court in Kiev has tossed out United International Airlines’ case against Swissport, voiding rulings made by two lower courts and sending the issue back to the Kyiv City Economic Court for further review. The case revolves around Swissport’s former Ukrainian entity, which is now doing business as Interavia, and UIA’s […]
The supply chain design software provider LLamasoft this week released a tool aimed at helping companies manage optimize inventory levels. The product, Inventory Guru, is intended to help companies better understand demand variability to right-sized safety stock. The tool is ultimately designed to help companies safeguard themselves against inventory variability. “Traditional inventory […]
Dallas-based freight forwarder World Trade Cargo & Logistics, Inc. (WTCL) has has begun using eFreight from technology provider Intellect Technologies, the company said this week. The Intellect eFreight system is designed for forwarders to provide e-commerce capabilities and direct access to U.S. Customs and to ocean carriers. “It’s a configurable system that allowed […]
In August, European and Middle Eastern carriers fueled the activity increase, with airlines in Europe seeing demand tick up 3.4 percent on a 4.2 percent capacity increase. Middle Eastern cargo demand rose 23.8 percent year over year.
Digitimes said in the past Apple products had to be first shipped to Hong Kong or Shenzhen, China, to complete the export procedures and then imported back before they could hit store shelves in China.
The Council of Supply Chain Management Professionals (CSCMP) is preparing for its second conference in Singapore, Jan. 22-24. The event, Effective Strategies for Managing Supply Chain Risk: Assuring the Viability of Your Supply Chain, will examine supply chain risk, discuss strategies to improve resilience, and prepare logistics professionals to deal more effectively with […]
The American Farm Bureau Federation on Friday urged Congress to reauthorize the Water Resources Development Act and make more funds available for harbor infrastructure maintenance and upgrades. “There are no trucks or trains to Asia,” Steve Baccus, chairman of the association’s Trade Advisory Committee, said following a visit to the Port of Oakland, […]
A partial shutdown of the U.S. government due to gridlock in Congress over a short-term spending extension will cost the U.S. economy about $300 million per day, or $1.5 billion per week, but lost productivity could worsen.
This is just the latest blow for the Justice Department in the merger case, which is set to go to trial on Nov. 25. Due to the government shutdown, Justice officials had pushed for a March start to the trial.
The International Civil Aviation Organization has elected new member states for a three-year term to the organization’s governing council. Eleven new members were elected to the 36-representative body. The voting process, divided into three parts, covered states important to air transport in the first phase of voting, and states important to international […]
ContainerPort Group has moved to a larger and more centrally located facility in Indianapolis. The new facility is located near Interstates 65, 70 and 465 and a short drive to the CSX rail ramp and the newly opened Indiana Rail Road Co.’s intermodal ramp, which is operated by CPG and serviced by the […]
