“Some other lines have chosen to respond to lower demand levels by lowering prices. Such a move risks resulting in a fully-fledged price war: a development that concerns us,” said Vincent Clerc, Maerk’s chief trade and marketing officer.
The approval, which came eight days after ILA members voted to ratify the contract, was made by representatives from 43 container carriers, terminal operators and port associations, who met in Newark, N.J., on Wednesday.
The agreement was announced Thursday by New York/New Jersey port Local 1804-1’s president, Dennis A. Daggett, on the union’s Facebook page. He said “we are in the process of fine tuning the language.”
The parent company of American Airlines, AMR Corp., finished the first quarter with its first net profit in six years. The result, a net profit of $8 million, shows a growth of $256 million, year over year. First-quarter revenue came in at $6.1 billion, which officials said is the highest in the […]
United Arab Shipping Co. (UASC) has named Lars Christiansen as chief trade officer and Uffe Østergaard as chief commercial officer. “UASC is preparing for significant changes on the back of new capacity coming into service with a major program of new vessel acquisition”, said Jorn Hinge, UASC president and chief executive officer, in […]
The U.S. Commerce Department has launched a $113 million manufacturing investment initiative outlined in President Obama’s 2014 budget proposal. The Investing in Manufacturing Communities Partnership will provide money for between five and six communities that have an economic development plan aimed at attracting investment. The winners will receive small grants to jumpstart projects in […]
Bringing a freighter operator to the Midwest airport, however, remains the main goal. An official said once one carrier joins up, it will be easier to convince the second and third airlines to fly in to St. Louis.
The transition period of new EU air security rules regarding known consignors ends April 29, and DHL is among the carriers that have been adding extra security programs to help shippers meet the new rules. Shipments from parties not identified as known consignors by the EU have to submit to extra screening of […]
Three customers of Greenville, S.C.-based freight payment and audit services provider Trendset filed petitions this week against Trendset in federal bankruptcy court. The customers – Husqvarna Professional Products, Legrand North America, DH Business Services – were among those affected by an embezzlement and fraud case that Trendset Chief Executive Officer Gary Selvaggio described […]
The U.S. Federal Maritime Commission has received five ocean transportation intermediary license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from Blade Express, Hawthorn, Calif. (Kathleen Martin, secretary). The agency also received a NVO/ocean freight forwarder license application from M2K Consulting, Burbank, Calif. (Abet Mehrabian, secretary); and an ocean freight forwarder license […]
The U.S. Federal Maritime Commission has received five ocean transportation intermediary license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from CFR Rinkens, Paramount, Calif. (Maximiliaan Hoes, manager). The agency also received NVO/ocean freight forwarder license applications from Sig Global, Gardena, Calif. (James J. Oh, president); Super […]
The U.S. Federal Maritime Commission has received five license applications and changes for review. The FMC received a non-vessel-operating common carrier/ocean freight forwarder license application from OTA America, Brea, Calif. (Dookee Kim, secretary). The agency also received applications for a change to a qualifying individual from Carmichael International Service, Los Angeles (John Salvo, […]
FMC reviews 5 OTI license applications
The U.S. Federal Maritime Commission has received five ocean transportation intermediary license applications and changes for review. The FMC received a non-vessel-operating common carrier license application from F.M. Air, Medley, Fla. (Uilson Nascimento Jr., vice president). The agency also received a NVO/ocean freight forwarder license application from Amerasia Shipping Logistics U.S., Westminster, Calif. […]
The U.S. Federal Maritime Commission has received five ocean transportation intermediary license applications and changes for review.
The U.S. Federal Maritime Commission has received five license applications for review. The FMC received a non-vessel-operating common carrier license application from Iris International USA, Haworth, N.J. (Chang Gil Kim, member). The agency also received NVO-ocean freight forwarder license applications from Ashimiyu Alowanle, Rockford, Minn. (Ashimiyu Alowonle, sole proprietor); Direct Express Intermodal, […]
The U.S. Federal Maritime Commission (FMC) has received five ocean transportation intermediary license applications and changes for review.
CEVA Logistics has signed a five-year e-commerce contract with fashion apparel company Liu-Jo, providing the firm with online sales solutions like returns management and overseeing transportation activities across Europe. The contract is based out of CEVA’s warehouse in Cortemaggiore, Italy. Giuseppe Chiellino, head of CEVA’s Italian operations, sees huge potential in the more […]
RedLine Solutions, a provider of inventory and supply chain traceability systems, has released a new white paper, “Beyond Traceability: The Benefits of the PTI” about the supply chain impacts of the Produce Traceability Initiative. Written by one of the primary architects of the PTI, Gary Fleming, the white paper details crucial supply chain […]
U.S. steel exports declined 3.8 percent in February 2013 compared to January, according to government data analyzed by the American Institute for International Steel (AIIS). “Weakness in NAFTA markets showed up powerfully in the February data, with the decline to our NAFTA partners more than the total decline for the month. Increases in […]
