In the second quarter, Deutsche Post DHL experienced a 2 percent rise over 2011’s second-quarter adjusted revenues of 13.7 billion euros ($18.2 billion) due to gains in the German parcel market, the company’s supply chain division, and DHL’s express business. DHL has also increased its earnings guidance, revising its estimated earnings from between 2.7 […]
Con-way Truckload has invested $2 million in “sense and respond” technology systems for the 525 tractors it will receive this year. The new systems include front-collision avoidance, electronic stability control and lane-departure warning. Front-collision avoidance will sound a warning if the truck comes within a three-second stopping distance of the car in front […]
NRF President Matthew Shay said some members are paying thousands of additional dollars as a result of the congestion, with increased costs coming from storage at the terminal and longer driver wait-times of up to six hours.
AMR Corp. and US Airways Group have received permission from the European Commission for the $11 billion merger of American Airlines and US Airways conditional upon the release of a daily slot pair at Heathrow Airport.
International Airlines Group transported 468 million tons of cargo during July, an 8.6-percent drop from the same month in 2012. So far this year, the airline group has carried 3.2 billion tons of cargo compared to 3.5 billion tons of cargo during the first seven months of 2012. Revenue ton kilometers also […]
President Obama on Friday nominated Gil Kerlikowske, director of Office of National Drug Control Policy in the White House, to be commissioner of Customs and Border Protection. The news comes less than a month after the American Association of Exporters and Importers wrote a letter urging the president to quickly name someone to helm […]
Singapore-based Cargo Community Network and Etihad Airport Services-Cargo have banded together to create the Cargo Community Service technology platform in Abu Dhabi, helping to promote the region as Etihad’s international gateway. The system will be online in the fourth quarter. Freight forwarders in the region will be able to use the service […]
The products at issue include mobile phones and tablets with features and hardware, such as transmitters and receivers, which may allow these products to be geographically located on a map and tracked.
AIT Worldwide Logistics has opened a new facility in Houston, strengthening the company’s presence in the oil and energy industry. The office is headed by Mike Wilson, a 25-year transportation industry veteran with experience in Mexico and Central America. “With the widening of the Panama Canal nearing completion, the Port of Houston […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has expanded the market for California table grapes to include Western Australia. The addition of Western Australia is anticipated to boost the estimated export value of table grapes, which last fiscal year was valued at $54.2 million. “Access to Western Australia […]
Capes Shipping Agencies, a Norfolk, Va.-based ships agency and bulk freight forwarder, has opened an office in Baltimore, adjacent to Seagirt Container Terminal. “Capes has served the Port of Baltimore area for many years and we are excited to launch a full-time operational presence in the heart of the Baltimore harbor. Our presence […]
OOCL said it will introduce a service connecting Asia, the East Mediterranean, and Black Sea next month, using Zim’s EMX service. The first call will be provided by ZIM Shekou which is scheduled to arrive on Sept. 6 at Pusan and will have the following port rotation is Pusan, Ningbo, Shanghai, Da Chan Bay, […]
The customs brokers A.N. Deringer last week entered into an agreement with the logistics software developer Kewill to transition to the Kewill Customs platform. Deringer has partnered with Kewill for the past eight years, and will now use Kewill’s most up-to-date solution. “The platform’s modern design is easy to use, resulting […]
House Transportation and Infrastructure Committee leaders said Friday they will try to finalize and vote on a Water Resources Development Act renewal when Congress returns from a five-week vacation in September. The plan to advance a bill has the support of Speaker John Boehner and House Majority Leader Eric Cantor, they said. WRDA […]
The county has been promoting development of the Jasper Ocean Terminal for many years on the north bank of the river, on land that was used by the Georgia Ports Authority for disposal of dredge materials.
The order, which results in enforcement actions if railroads fail to comply, specifies that cars transporting hazardous materials can’t be left alone on mainline tracks. The agencies also issued rules regarding hand brakes on cars.
“As ocean carriers’ financial results are not expected to improve significantly before 2016, leasing will continue to grow, thereby creating opportunities for new financiers to enter the market,” the London-based consultancy said.
Horizon Lines said it had a loss from continuing operations of about $853,000 in the second quarter ending June 23 compared to a loss of $31.1 in the same 2012 period. Operating income was $16 million in the second quarter compared to $1 million in the second quarter of last year. Revenue […]
The U.S. Surface Transportation Board has found that the railroad industry’s cost of capital in 2012 stood at 11.11 percent, a decrease from 2011’s total of 11.57 percent. The cost of capital had been rising in recent years, inching up from 10.43 percent in 2009 and 11.03 percent in 2010. The agency […]
International Shipholding Group said it had profit of $1.9 million in the second quarter compared to $704,000 in the same 2012 period. (The company noted its results were swung by yen denominated loans. In the second quarter this year it had a non-operating gain of $1.8 million from its yen denominated loan; in […]
