Palmetto Railways last week announced the $10 million purchase of the remaining 50 acres of what is known as the Noisette property on the former Navy Base in North Charleston, which is being developed into a container terminal.
Liner carrier APL has put its newest containership, the 9,200-TEU APL Savannah, into service in the transpacific. The vessel, the fifth of a series of 12 on order, will operate between Asia and the United States on the South Asia Express (SAX) service, rotating ports in San Pedro, Busan, Kaohsiung, Chiwan, Yantian and […]
While intermodal growth has remained steady at a rate of between 3 percent and 5 percent year over year, Nate Brochmann of William Blair & Co. said bringing midsized shippers into the fold will help increase that growth moving forward.
IAG Cargo has opened a pharmaceutical facility at London Heathrow Airport, expanding further its Constant Climate service. The warehouse can store goods at ranges between 2 degrees Celsius and 8 degrees Celsius, or between 15 degrees Celsius and 25 degrees Celsius. “This new facility underpins just how important the pharmaceutical market is […]
Damco, the forwarding arm of the A.P. Moller Maersk, has appointed Tommy Mølgaard as its global chief financial officer. Mølgaard was previously head of corporate finance at another Maersk subsidiary, APM Terminals. He has more than 20 years of experience in finance at a senior level in the logistics sector. He gained extensive experience […]
Molasses was released in early September into Honolulu Harbor from a pipeline system operated by a Matson subsidiary, and the company said it is fully cooperating with regulators involved in responding to and investigating the spill.
The International Brotherhood of Teamsters Tuesday sent out strike ballots to employees of the Central Region Local Cartage supplement of less-than-truckload carrier ABF. Votes are expected to be counted on Oct. 29.
APM Terminals on Friday held a formal contract signing with the Van Oord-BAM consortium for the construction of the new Moin Container Terminal in Costa Rica. The conortium has been awarded the contract for the construction of the first phase of the TCM, which is expected to begin in the first quarter of […]
“Shippers are rightly worried about the potential of the P3 to eliminate effective competition in the world’s main liner trades,” said Chris Welsh, head of the Global Shippers’ Forum. “We therefore need an in-depth assessment of the P3.”
UPS has expanded its preferred less-than-containerload service offering from Asia into the Mexican cities of Guadalajara, Mexico City and Monterrey. Officials say this offering delivers time-in-transit improvements of 20 percent over the typical delivery to Mexico due to the use of the integrator’s LCL network and its CrossBorder Connect service. “We continue to see […]
Spot market freight rates fell 5.3 percent in September, while load availability declined for vans and flatbeds but rose slightly for refrigerated trailers when compared to August, according to DAT. Load availability declined 4.6 percent for flatbeds, but rates fell 8.1 percent compared to August. Van availability fell 1.6 percent, as rates gained […]
The express carrier broke ground on an 88,000-square-foot temperature-controlled facility at its world hub. The building is expected to open by the fall of 2014 and will also serve as a heavy-weight pick-up and delivery operation.
“Its diverse range of products, the number of countries sourced from and exported to, as well as its significant international shipping volumes, all make GE’s global trade requirements some of the most complex,” Amber Road said.
Swissport International will acquire a 10 percent stake in each of Scandinavian Airlines Systems’ three ground-handling companies on Nov. 1. The deal, for which no financial details were released, is the result of a letter of intent signed earlier this year dealing with Swissport’s complete takeover of all SAS’ ground-handling services in Scandinavia. […]
CEVA Logistics has signed a three-year agreement to manage Michelin’s 25,000-square-meter tire warehouse in Valladolid, Spain. The firm will provide picking and loading services, inventory management, and other warehouse duties. “We are proud that Michelin has chosen CEVA as a strategic partner for their logistics,” CEVA’s Oscar Martinez said in a statement. […]
Freight railroad CSX could begin double-stack intermodal service between the Port of Virginia and the Midwest by the end of 2015 under some scenarios for the second phase of its National Gateway infrastructure overhaul, Chip Dobson, director of strategic transactions, told American Shipper. Jacksonville, Fla.-based CSX last month announced first-phase completion of its $850 million […]
Comdata has released the second version of its real-time purchasing software, FleetAdvance. The new version adds a tool that graphically shows users where they can save money on fuel and other areas. Customers can customize the tool by driver, merchant and geography. “FleetAdvance demonstrates our commitment to payment innovation in the fleet […]
The companies have joined forces to establish Global Reefers NV, which they say will offer “the most efficient service on specialized reefers and container lines from Chile, Peru and Colombia to the world.”
When Emirates announced earlier this year that it was changing the way it calculates surcharges, essentially raising the prices for customers, shippers worldwide expressed distaste at what could soon become a trend in the industry.
MOL has announced changes on New World Alliance services in the transpacific. Sailing days and transit times are being changed on the PCX service and PNW/PS1 services are being combined into a single loop.
