Shippers should scrutinize their relationships with outside payment and auditing firms. By Eric Johnson When the news came in early spring that the third-party freight payment and audit vendor Trendset was embroiled in a fraud and embezzlement case, it might have ordinarily sent shockwaves through the shipping industry. Here was a vendor admitting to its […]
The March 26 rejection by the Virginia Port Authority Board of Commissioners of private overtures to run all four marine terminals under its control, as well as the inland port in Front Royal, makes sense for the state and for the time being ends a heated political debate surrounding the port’s future. The […]
Non-vessel-operating common carrier Vanguard Logistics Services has started new services from Batam, Indonesia to global destinations. Many Indonesian and multinational manufacturers operate on the small island of Batam, which is located 20 kilometers southeast of Singapore. All less-than-containerload cargo from Batam is traditionally moved via small barges to Singapore’s Pasir Panjang Breakbulk […]
Maersk Line made a profit of $204 million in the first quarter of 2013 compared to a loss of $599 million in the first quarter of 2012. It said the turnaround in the financial performance was achieved through lower costs, as revenue was unchanged at $6.3 billion in both quarters, and came despite price […]
AES Logistics and Aljex Software said Thursday the two companies have integrated AES Logistics rates into Aljex hosted software for quick access by Aljex users. AES is a provider of transportation services and supply chain logistics including truckload, less than truckload (LTL), ocean and air cargo service. Aljex is a provider of hosted […]
The U.S. Army Corps of Engineers on Wednesday awarded a $122 million contract to Great Lakes Dredge & Dock Corp. for deepening the entrance to the Port of Miami to 50 feet. Excavation is expected to commence in August.
Investors and stakeholders from more than 115 organizations have banded together under the Interfaith Center on Corporate Responsibility to ask global shippers to ensure the safety and welfare of their workers.
UPS today announced a new app for the iPad to let users easily track packages, find UPS shipping locations, and access UPS My Choice, all with enhanced mapping features. The UPS app for iPad enables customers to track packages and find locations where they can send shipments. Additionally, the app allows users of […]
Once developed, the mine, which is located about 550 kilometers south of the capital city Ulaanbaatar, will be one of the largest copper mines in the world. It will also count as one of the most important projects in Mongolia.
The London-based firm said its global freight rate index, which covers 600 trade routes, fell 12 percent in April to reach its lowest level since February 2012, when container shipping was still recovering from a price war.
The Kahala Posts Group (KPG), an alliance of 10 postal administrations around the world, has signed a deal with the global trade management solutions provider Amber Road aimed at increasing their competitiveness in the international delivery market. KPG member organizations include the Australian Postal Corp., China Post Group, Correos y Telégrafos SAE, Groupe […]
The logistics information technology solutions providers Descartes Systems and Freightgate have both signed deals with NetSuite, a provider of cloud-based financials and enterprise resource planning (ERP) software suites. Descartes said it has signed a SuiteCloud Developer Network agreement, with the integration of NetSuite’s SuiteCloud and Descartes’ Logistics Technology Platform intended to enable customers […]
Under the agreement, INTTRA will support APL’s global e-commerce growth strategy, as well as enhance its global customer service offerings. INTTRA said more than 2 million container orders are initiated on the INTTRA platform each month, with a network of more than 64,000 companies, shipping to and from more than 130 countries. “After […]
With the impending deadline for the Federal Motor Carrier Service Administration’s new hours-of-service regulations less than two months away, the outcome of the American Trucking Association’s legal challenge against the rule is still not clear. The ATA argued against the HOS change before a three-judge panel in Washington, D.C., on March 15, but […]
U.S. exports of transportation equipment, petroleum and coal products, processed food, and computers and electronics have risen to Colombia, while U.S. farmers saw growth for soybean, wheat, grape, pork, and dairy product shipments.
Starting with the voyage of the ship Suape Express (1316N), the GS1 will replace the northbound call of Caucedo, Dominican Republic with Cartagena, Colombia. The first call in Cartagena will be on June 10.
The facility is designed to support Ingram Micro Mobility’s growing business in Latin America. Initially, it will be dedicated to supporting the company’s mobile device lifecycle services, specifically device recovery and technical repair.
Rickmers Holding GmbH & Cie. KG, the parent of the Rickmers Group of shipping companies, intends to issue corporate bonds of up to 200 million euros ($258 million). The Hamburg-based shipping company is looking to expand its containership chartering business in the face of declining interest by many traditional banks in the shipping […]
The Coast Guard has completed an environmental assessment of a plan by the Port Authority of New York and New Jersey to increase the clearance or “air draft” beneath the Bayonne Bridge from 151 feet to 215 feet and found no significant impact, meaning a permit can be issued so work can begin on […]
DHL Supply Chain will invest 10 million euros ($12.9 million) in Vietnam over the next two years, hiring new staff, upgrading current infrastructure and building a new facility in North Vietnam. The integrator began operations in the country in 2001. DHL plans to hire 1,400 new workers in Vietnam, increasing its workforce […]
