The demonstration program aims to determine if the alternative is viable as a power source for long-distance freight moves. Potential benefits include reduced fuel costs and emissions of greenhouse gas and diesel particulates.
Information technology solutions provider Descartes Systems Group turned in significant year-over-year increases for fiscal-year 2013, with revenue finishing the year up 11 percent at $126.9 million, net income up 12 percent at $16 million, and a 32 percent rise in earnings-per-share, which ended the year at $0.25. Services revenues also rose by 11 percent, […]
The Multimodal Opportunities via Enhanced (MOVE) Act offered by Rep. Albio Sires, D-N.J., would expand the definition of the national freight network to include rail, waterways, inland ports, freight intermodal connectors, and airports.
The United States and Iraq on Wednesday announced that the bilateral Trade and Investment Framework Agreement (TIFA) between the two countries, first negotiated in 2005, is likely to enter into force later this year. The TIFA will provide a bilateral forum devoted to increasing trade and investment between the countries. The announcement follows […]
Citing a recently released study on airline emissions, the European organization Environment & Transport has called for the International Civil Aviation Organization to act on a market-based approach to airline emissions this year. The study, published by Manchester Metropolitan University, finds the European Union’s emissions trading scheme, when applied to the aviation industry, […]
A post on the ILA’s Facebook page Wednesday said the union and New York Shipping Association (NYSA), the group that represents employers in the Port of New York and New Jersey, “engaged in intense negotiations for (the) third day.”
AirBridgeCargo Airlines (ABC), Russia’s largest cargo airline and part of Volga-Dnepr Group, has increased its flights from Moscow to Milan, Italy, to three times a week. The new Boeing 747 all-cargo service will operate every Tuesday and is in addition to ABC’s existing flights on Thursdays and Sundays. AirBridgeCargo has served the Italian […]
This Sunday emergency response agencies around the port of Los Angeles and Long Beach port complex will conduct a full-scale exercise that will provide a “vivid depiction of a unified command working together on a simulated incident” inside the Alameda Corridor. The drill, which will take place between 9 a.m. and 11:30 a.m., will include […]
Yang Ming is increasing its participation in a service between the United States, Caribbean, and east coast of South America. The Taiwanese carrier will deploy one ship on what it calls the ANS route jointly operated with NYK, Evergreen and Hanjin. Under this new service structure, Yang Ming’s status will move up […]
The Truckload Carriers Association (TCA) has elected Tom Kretsinger Jr., president of Liberty, Mo.-based American Central Transport, as its 2013-2014 chairman. He follows past association chairmen Gary Salisbury and Robert Low. Kretsinger’s first objective as chairman will be to conduct a strategic plan, something TCA has only done twice in the last 20 […]
Status can be achieved by training employees about security in the supply chain and by enhancing other security practices. Firms that don’t submit to the new guidelines will see their shipments undergo increased screening.
The U.S. Department of Homeland Security has named eight new industry members to sit on the Commercial Operations Advisory Committee, including two experts from the air cargo sector. The 13th COAC convenes today in Washington for the first meeting of its new term. COAC provides policy-making advice about commercial operations to the secretaries of […]
The liner carrier said the move will “allow the cargo booked in time to receive the best attention… especially in view of the well-known and widely announced limited availability of space and equipment during the incoming weeks.”
Hong Kong-based Orient Overseas International, Ltd. (OOIL), the parent company of liner carrier OOCL, on Wednesday said its 2012 operating profits rose 86.9 percent year-on-year in 2012 to $343.2 million.
The union said United Grain “took the extreme measure of locking out its entire bargaining unit even though by its own statements it had identified and terminated the employee allegedly responsible for the property damage.”
Panalpina experienced declining air freight revenue in 2012, transporting 6 percent less tonnage than in 2011, but gains from the ocean freight and logistics side left the firm left it with a gross profit of CHF 1.46 billion ($1.54 billion), flat from last year. There was some growth on the air freight side […]
Deutsche Post DHL experienced a 5.1 percent increase in group revenues during 2012 to 55.5 billion euros ($72 billion). Nearly 70 percent of this revenue occurred outside of Europe, reflecting the poor European logistics market and DHL’s growing marketshare in Asia and other regions. Revenues rose by 3.6 percent, year over year, […]
Atlantic Trader A container barge lost 22 containers overboard 18 miles off shore from Key Biscayne, the U.S. Coast Guard said Tuesday. The mishap occurred around 1:15 p.m. on Monday as the 91-foot Atlantic Trader, operated by TransAtlantic Lines, was en route from Jacksonville, Fla., to Guantanamo Bay, Cuba. The ship, with the […]
The 2013 Great Lakes shipping season began on March 2 with the sailing of the tug/barge unit Prentiss Brown/St. Marys Conquest. The vessel, operated by Port City Marine Services, departed its winter lay-up berth in Milwaukee and sailed for Charlevoix, Mich., where it loaded 9,200 tons of cement for delivery to Chicago, according […]
FedEx has achieved 22 percent improvement in its vehicle fuel economy, surpassing a 20-percent benchmark it set in 2008 seven years early. The company has now set a new target of 30 percent fuel-efficiency improvement over 2008 levels by 2020. The company has made these emissions improvements by increasing the size of […]
