Evergreen said it will launch a new service linking South China, the Philippines and East Malaysia in mid-April. In addition to providing regional transportation links for shippers in three countries, the new loop will connect to Evergreen’s global network via Hong Kong. Two ships of 1,700 TEUs will be deployed on the weekly […]
In a press release issued by the dockworkers on March 26, ILA President Harold Daggett said “Our organizing mission will go global. We will really make our union an international one like we’ve never seen before.”
The Coalition of New England Companies for Trade (CONECT) hosts its 17th Annual Northeast Trade & Transportation Conference in Newport, R.I. on April 2-4. The two-and-a-half day conference features dozens of trade and transportation executives speaking about industry issues. Speakers will include importers and exporters such as Hasbro, The Gem Group, Ocean […]
The International Civil Aviation Organization has started an environmental project with the Indonesian government to improve the sustainability of Indonesian air transport. ICAO’s technical cooperation bureau will help the government devise a long-term plan to combat carbon emissions while also focusing on immediate changes to lower the spread of greenhouse gases. The agreement is […]
Behind the Wheel with Randy Mullett Almost 50 years ago, in 1965, Intel co-founder Gordon E. Moore put forth the now-famous prediction that every 18 months to two years, technology would allow the number of transistors on a given computer chip to double. To this day, his prediction has proven true, accurately forecasting an […]
Nation’s motor carriers navigate FMCSA rules for industry. By Jon Ross More than 12 years ago, President Clinton signed a bill to create the Federal Motor Carrier Safety Administration, tasked with spreading safety throughout the trucking industry. Almost immediately, the agency set about creating new hours-of-service guidelines limiting the amount of time drivers […]
Big ships from Europe-Asia trade expected to enter the transpacific. By Chris Dupin The next couple of years could see big changes in transpacific liner services, as many large containerships now trading between Asia and Europe are expected to “cascade” or be repositioned into transpacific services. That change will present major across-the-board challenges: To […]
Even with slow steaming and economies of scale of bigger containerships, fuel is still a significant cost for carriers, amounting to about 60-70 percent of a voyage across the Pacific, recently noted Brian Conrad, Transpacific Stabilization Agreement executive director. Bunker fuels jumped from $450 per ton in September 2010 to $745 per ton […]
The Virginia Port Authority Board of Commissioners voted today to restructure the state-owned operating company, Virginia International Terminals, instead of outsourcing cargo and vessel-handling operations at the Port of Virginia to private terminal management firms, the VPA said in a statement issued this afternoon. State officials spent almost a year evaluating two competing […]
The building supplies retailer recently achieved $1 billion in e-commerce sales out of its $70 billion of annual revenue, and officials are making strides to connect this aspect of its supply chain strategy with more traditional retail sales.
US Airways has approved the use of OnAsset Intelligence’s GPS tracking device on its flights, allowing shippers to use the company’s SENTRY FlightSafe program to track cargo location and manage environmental conditions. The OnAsset device is packed in with the cargo, transmitting data to the shipper about the journey until the plane takes off […]
The radio frequency identification (RFID) companies SML Group and Nordic ID have joined forces, the companies said in a statement Tuesday. SML is a global supplier of brand identification labels and RFID data solutions, while Nordic ID is a RFID technology specialist. The new bundled solutions offer Nordic ID RFID handheld readers […]
The French liner carrier said it will manage and operate the terminal, giving customers the opportunity to clear their cargo through customs near Baghdad instead of the Umm Qasr seaport.
Saudi Airlines Cargo has taken delivery of the first of its two Boeing 747-8 freighters, which will enter service in May. The carrier will add the second aircraft to its fleet by the middle of June. Both will fly on Asia-to-Europe routes.
Rickmers-Linie, a regular carrier at the Port of Philadelphia since 2008, will expand its service to the port when it begins its westbound round-the-world service that will connect markets in Asia, South America, and North America. The new monthly service will complement Rickmers’ fortnightly eastbound round-the-world “Pearl String” service at the Port of Philadelphia. […]
The Chinese New Year depressed air freight activity out of Singapore Changi International Airport in February, with the airport seeing 126,500 tons of cargo during the month. The activity represented a 12.1-percent, year-over-year decline. Air freight in February also showed a decline when compared to January’s 140,297 tons of activity, which represented […]
Many eyes in the maritime industry Tuesday will be on Norfolk, Va., where the Virginia Port Authority’s Board of Commissioner’s is scheduled to vote on whether to pursue negotiations with one of two private bidders for a long-term management contract to operate the state-owned port facilities. U.S. ports in the past decade have frequently […]
COSCO Pacific said it had gross profit of $315 million in 2012, 22 percent more than in 2011. Revenue was $735.5 million, 23 percent more than in 2011. The company said revenue from the terminal business rose 24 percent to $402 million, mainly due to the business growth of Piraeus Container Terminal […]
The Clean Cargo Working Group, a coalition of major retailers, liner carriers, and logistics services providers, released a report Tuesday suggesting the vast majority of shipper members consider emissions data when making ocean procurement decisions. The report found that 78 percent of shippers in the group use carrier emissions data scorecards in their procurement-decision […]
The U.S. Export-Import Bank has entered a marketing partnership with the Monterey Bay International Trade Association (MBITA), a non-profit organization in northern California, to help small and midsized exporters enter overseas markets. The so-called City/State Partners program contract will connect Ex-Im Bank’s products and services to MBITA’s network of entrepreneurs and financial institutions in […]
