The Japanese Shipowners’ Association (JSA) has added its voice to those asking the Suez Canal Authority(SCA) to rescind plans to raise tolls on May 1. In a letter sent to the canal authority this week, JSA said it expressed “deep disappointment at the unilateral toll increase without any dialogue between the SCA and […]
The liner carrier “K” Line said Friday it has upgraded its online container tracking capabilities, including a provision to track containers by smart phone or tablet. The carrier’s Global Container Tracking is available here. The mobile capability allows users to track shipments by container number, bill of lading, or booking number. Until […]
The freight forwarder and logistics enterprise system developer CargoWise said Thursday it has entered a new distribution partnership with Sri Lanka-based Asvinta Solutions to enhance local delivery of its ediEnterprise system in the South Asian country. Asvinta was founded in 2009 to supply Sri Lanka’s logistics and forwarding sector with IT solutions, based on a growing focus […]
Sen. Bob Casey, D-Pa., on Thursday introduced new legislation to address current problems facing locks and dams on inland waterways. Casey said the Reinvesting In Vital Economic Rivers and Waterways Act of 2013, also known as the RIVER Act, will help ensure locks and dams projects stay on schedule and on budget. This […]
While the U.S. Defense Department invested $171 billion on logistics in 2011, a recent report by the Government Accountability Office found the organization lacks a clear supply chain visibility strategy and fails to have a complete handle on food, fuel, spare parts and other equipment being sent to soldiers in the field. The congressional watchdog agency recommended a […]
The ACM/GFI Group cited steep declines in the index for the four large components of the Shanghai Container Freight Index (SCFI) “as the industry is still grappling with the hangover post Chinese New Year.” It said the SCFI fell 4.2 percent to 1117.04. The Europe route was down 7.9 percent to 1104, while the […]
Third party logistics provider Sunland Distribution has acquired a 722,000-square-foot warehouse located off Interstates 85 and 385 in Simpsonville, S.C. The 32-acre property along with the building was purchased from TGC, LLC. Built in phases from 1968 to 1993, the facility was once a distribution center for Pillowtex Corp. The facility will continue […]
Saia achieved record load averages in January and February despite weak seasonal tonnage, according to an analysis by Stifel Nicolaus. The less-than-truckload company has placed logistics post trailers into its arsenal, and this is helping boost capacity by 20 percent on linehaul runs, the analyst said. As load averages improve, the company is […]
The extended deadline will coincide with the wage scale meetings planned by the union for the week of March 11 where union delegates will consider a tentative six-year master contract agreement reached by USMX and the ILA on Feb. 1.
“Don’t count on us doing one every two weeks,” Chief Executive Officer Brad Jacobs told American Shipper in an interview. “We’ll do at least three more acquisitions this year. We’re looking at acquisitions of all different sizes.”
The carrier said it “remains committed to serving the trade. We will replace the ‘PSW’ service with use of our existing reliable Pacific network, connecting with Oceania through our transshipment hubs in Asia.”
According to the American Trucking Associations, it will cost $320 million to prepare the industry for the impending hours of service rule change, and if a current court challenge is upheld, that money will be spent in vain.
While revenue was up at IAG cargo in 2012, volumes declined, with full-year results of 6.08 million tons showing a year-over-year decrease of 1.2 percent. IAG Cargo saw a 19 million euro increase ($24.8 million) in revenue, year over year, during the fourth quarter of 2012, leading to a full-year revenue of 1.21 […]
After aggressive acquisitions last year — including the purchase of Nova Natie’s logistics and freight forwarding activities — Norbert Dentressangle is looking forward to even more expansion this year. This growth will be targeted at value-added transportation activities, further expanding its logistics presence beyond Europe, and bolstering the company’s forwarding reach. According […]
Across-the-board funding cuts mandated to take effect on Friday would cut deeply into U.S. Customs and Border Protection operations, potentially doubling wait times from two to four or five hours for travelers and commercial trucks at air, land, and sea ports, agency leaders reiterated to industry trade associations in a conference call on Friday, […]
The U.S. Army Corps of Engineers said Wednesday contractors had completed “Phase 1” rock removal on the Mississippi River at Grand Tower (river mile 79-80.2) and Thebes (river mile 41-46), Illinois. The agency is prepared to conduct additional rock removal (Phase 2) as funding and river conditions permit. The Corps said as of Feb. 27 the river depth was […]
The U.S. Maritime Alliance (USMX) and International Longshoremen’s Association (ILA) said they have agreed to extend the March 1 deadline for completion of local negotiations to March 8. They said the extended deadline will coincide with the wage scale meetings planned by the union for the week of March 11. USMX and the […]
Expeditors International turned in lackluster numbers for the fourth quarter of 2012, seeing $84.2 million in net earnings during the fourth quarter of 2012, a year-over-year decrease of 9 percent. Net revenues fell 4 percent, year over year, to $458.7 million. For the full year, earnings were down 14 percent when compared […]
American Maritime Partnership (AMP), a lobbying organization for the domestic shipping industry, said it’s being unfairly blamed for the rising price of gasoline. In a letter sent Tuesday to Rep. Duncan Hunter, chairman, and Rep. John Garamendi, ranking member, of the House Coast Guard and Maritime Transportation Subcommittee, AMP complained “a small number of […]
Maersk said it will impose a general rate increase on cargo moving between Northern Europe and the United States on April 1. Eastbound, from the United States to Northern Europe, the increase for dry containers will be $200 for 20-foot containers, and $300 for 40-foot, 40-foot high cube and 45-foot high cube boxes. Westbound, from […]
