Damco, the forwarding and logistics services arm of the A.P. Moller-Maersk Group, has ambitious plans for growth over the next several years and a big agenda as it adapts to a changing market. “If we look ahead in the years to come I would say that we, like everybody, will probably see some […]
While Germanischer Lloyd (GL) noted “a complete hull design will without doubt achieve much more substantial fuel savings,” shipowners may be able to achieve significant fuel savings by changing the nose of their ships. “An optimized bulbous bow section still offers rather attractive potential fuel efficiency gains, especially for large, high-powered containerships,” which […]
Big ships have dominated the shipping news this year. The first in a series of 20 18,000-TEU ships was scheduled to be delivered to Maersk Line at the end of June; China Shipping this spring placed an order for even larger, 18,500-TEU ships; and there have been reports that United Arab Shipping Corp. […]
Japanese liner MOL said it’s working with the shipbuilder, Mitsubishi Heavy Industries, and Japanese classification society Nippon Kaiji Kyokai to arrange inspection of the six sister vessels as quickly as possible.
After years of battling for funding for critical infrastructure projects along the nation’s key commercial waterways, the Waterways Council voiced optimism that this fall could be a turning point. In a press briefing in Washington Monday, Waterways Council President and Chief Executive Officer Michael Toohey said he’s hopeful Congress will move forward with legislation in […]
Delta and other airlines consider ways to better manage energy for jets. By Jon Ross In 2012, Delta Air Lines made a bold move to tamp down its jet-fuel costs. Tired of paying a premium for fuel and seeing prices yo-yo in the market, carrier officials decided to get into the refinery business […]
Sweden’s Wallenius Lines has ordered two large car carriers from Tianjin Xingang Shipyard in China with an option to build two more. The ships, scheduled for delivery in 2015 and 2016, will be operated by WWL.
Non-vessel-operating common carrier Troy Container Line will offer an array of new full- and less-than-containerload services to and from Bolivia, Chile, Peru, and Paraguay. Weekly services are now available to and from San Antonio, Chile; Callao, Peru; and Bolivia, while services will be bi-monthly to and from Paraguay, the Red Bank, N.J.-based company said. […]
At first glance, the proposed P3 Network of Maersk, Mediterranean Shipping Co., and CMA CGM — the three largest container carriers in the world — may better stand for the “Powerful 3,” conjuring thoughts of cartels and monopolies in the minds of shippers. Indeed the operations agreement would initially provide 255 ships in […]
The U.S. International Trade Commission has initiated a pilot program to test whether early rulings on certain dispositive issues in some section 337 investigations could limit litigation, saving time and cost for all parties involved.
Affirming a district court’s summary judgment, the U.S. Court of Appeals for the 9th Circuit held misdelivery claims against a freight forwarder were barred by a one-year limitations period set forth in bills of lading (Clevo v Hecny Transportation. 9th Cir. 11-55823. April 26). Clevo, a Taiwan-based manufacturer, agreed in 2007 to sell […]
With no large cargo facilities on or nearby Ellington Airport offering airfield access, Ellington Air Commerce Center will give aviation-related businesses an alternative to Bush Intercontinental Airport on the south side of the city.
By Jennifer Wade, Director, BPE Global We have all worked for companies who don’t understand the importance of global trade compliance. They see compliance as an unavoidable cost of doing business, not as a strategic tool in the overall push for competitive advantage…
The neutral non-vessel operating common carrier Vanguard Logistics Services has expanded its partnership with the multi-carrier e-commerce network for ocean shipping INTTRA, the companies said Tuesday. Vanguard will join INTTRA’s NVO network bringing the size of the INTTRA carrier and NVO network to 48. Under the agreement, Vanguard and its global network of […]
As supply chains become more elongated and complex, gathering the necessary data to make sourcing, transportation and customs compliance decisions is becoming more complex. Some large companies are gaining a competitive advantage because they understand and leverage the linkages between logistics and compliance data. But most traders aren’t taking advantage of the opportunities […]
The Georgia Ports Authority board has elected Robert S. Jepson Jr. to serve a second term as chairman of the board. Jepson was first appointed to the board in 2008 and previously served as vice chairman. The new vice chairman will be James A. Walters, and Stephen S. Green will serve as secretary/treasurer. […]
U.S. transport policy slowly incorporates freight, but infrastructure upgrades lag. By Eric Kulisch The recent collapse of the Interstate 5 bridge into the Skagit River north of Seattle focused attention once again on the fragile state of the nation’s transportation infrastructure. While the collapse does not appear tied to any structural failure or weakness — […]
The partnership between the U.S. Commerce Department and ports has contributed to record exports, but not in the way envisioned when a memorandum of understanding was signed in 2011 with the American Association of Port Authorities to collaborate on export promotion. The department’s International Trade Administration now views ports as part of a […]
Passport Systems Inc., a developer of non-intrusive container scanning system, said Monday it has completed a $22 million equity round of financing from a group of private, corporate, and institutional investors. The funding is intended to accelerate the commercial release of its advanced Cargo Scanning System and its mobile Networked Detector System product […]
By Walter Kemmsies, chief economist, Moffatt & Nichol As the U.S. and other national economies slowly return to more normal levels of activity, it’s becoming clearer that the composition of freight volumes and the manner in which they are handled will not be the same as they were prior to the 2007-2009 financial meltdown…
