The liner carrier MOL this week said that in the first quarter of 2013 it failed to meet its internal 90-percent target for intermodal transit on-time performance for 18 origin-destination pairs between Asia and the United States. The closest pairs to the target were Cai Mep-to-Memphis, Yantian-to-Memphis, and Shanghai-to-Dallas, which were on-time 87 […]
DSV Road Ltd. will launch a daily groupage service from its German hub in early May. The program will cover 32 European countries and operate in addition to any existing routes, increasing frequency and improving transit times. The new service will include daily pickups and departures, on-time deliveries and online bookings. DSV […]
Vietnam Airlines will stop transporting monkeys destined for research, starting May 1. The British Union for the Abolition of Vivisection said the carrier is one of the last passenger airlines that transports animals for research purposes. A spokesman from the carrier said while transporting monkeys for such a purpose doesn’t violate any […]
Home furnishings retailer IKEA this week switched on a large solar energy system installed at its distribution center in Perryville, Md. The 768,972-square-foot photovoltaic (PV) array consists of a 2,674.9-kilowatt system, built with 18,576 panels, and is the state’s largest rooftop array. The IKEA distribution center will produce about 3,397,178 kilowatt-hours of electricity annually, the […]
Retail giant Walmart said it plans to procure about 7 billion kilowatts of electricity from renewable sources, such as solar and wind power, or 600 percent over its current use of these energy types by Dec. 31, 2020, according to an announcement made this week by Mike Duke, the company’s president and chief executive officer. […]
The U.S. Export-Import Bank renewed a 90-percent guarantee of a $100 million supply-chain facility for Citibank to purchase invoices that are generated via the sales of goods and services by eligible U.S. suppliers to agriculture and construction equipment manufacturer CNH America (CNH). The authorization, which is Ex-Im’s second renewal of the facility, will […]
The International Air Cargo Association and the International Civil Aviation Organization, a U.N. standard-setting body for international regulation of the aviation industry, on Thursday cemented their burgeoning relationship by agreeing to regularly consult on security and other issues to advance the air cargo industry. Officials for the two organizations signed a Declaration of Intent […]
The centers include Chicago for base metals; Buffalo, N.Y., for industrial and manufacturing materials; and Laredo, Texas, for machinery, giving those industries smoother customs processing of imports and uniform enforcement.
Metairie, La.-based Tuleu Consulting Co. (TCC) has been awarded a contract by the government of Chad to sell 500 John Deere agricultural tractors to the African country’s “Programme National de Sécurité Alimentaire” (PNSA or National Food Security Program). The sale represents a $22.5 million deal for TCC, $11.5 million of which is U.S. […]
In the introduction to the Air Logistics Handbook, a university-level guide to the air cargo industry due out next month, Virgin Group head Richard Branson wrote an introduction aimed at convincing people to pursue air freight logistics as a career. The “outshining” industry, he said, is an important part of world commerce that is […]
The U.S. Transportation Department has set aside $8.9 million to repair roads and bridges on federal and tribal land in Arkansas, Minnesota and New Jersey that have been damaged by natural disasters. The money comes from the Federal Highway Administration’s Emergency Relief for Federally Owned Roads program. The Army Corps of Engineers will […]
“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 […]
