Last year, UPS ramped up its ocean freight offerings, expanding less-than-containerload services to more than 300 lanes. The integrator now offers direct LCL service on 1,700 lanes to 116 countries. UPS recently added 139 outbound lanes and 42 intra-region lanes in Asia, including 12 inbound and outbound lanes in South Korea and 10 […]
A new study has found that 59 percent of shippers use performance metrics to manage freight costs and 43 percent are currently running or planning to implement a transportation management system (TMS), according to research conducted by the privately-owned truckload carrier U.S. Xpress Enterprises. The survey of more than 400 logistics managers, conducted […]
The Commerce Department on Friday reported that U.S. exports of goods and services reached a record $2.2 trillion in 2012. Export records were seen across the board, including among capital goods, automotive vehicles, parts, and engines; consumer goods; and travel and tourism, the department said. “The administration’s efforts to promote U.S. exports […]
The chief commercial officer of Maersk Line, Lucas Vos, will leave the company at the end of April. He will also vacate his position as a member of Maersk’s Liner Management Board on the same date.
Large U.S. freight railroads are poised to invest $24.5 billion in funding, including $13 billion in private money, for railroad infrastructure and maintenance in 2013, according to the Association of American Railroads. The private funding will be used to upgrade or enhance rail network capacity. Railroads will also hire about 11,000 workers in […]
After nearly two months on a 17-week rotation, the ocean carriers Maersk Line and CMA CGM have increased the speed of their joint weekly TP3/TP9/Columbus pendulum service between Asia and the east and west coasts of North America. Roundtrip voyage time on the loop has decreased from 119 days to 112 days, or 16 […]
No reason was given by the agency for cancelling the Feb. 26-28 meeting in Baltimore, and there was no mention of alternative dates in the future, but a spokeswoman said CBP had difficulty securing a venue.
The harbor employers said in a statement “the ports of Los Angeles and Long Beach continue to operate normally.” The rejection by union members, however, raises questions about the settlement that ended a strike that shut down the ports of Los Angeles and Long Beach last fall.
The liner carrier Hamburg Süd said Friday it will raise rates on the trade between the west coast of North America and Northern Europe next month. The increase, $150 per 20-foot container and $300 per 40-foot container, is applicable to all cargo from Pacific ports in the United States and Canada. The increase […]
The American Trucking Associations is trying to get crashes that the truck driver didn’t cause or couldn’t have prevented erased from the FMCSA’s Compliance, Safety and Accountability monitoring system.
The national freight brokerage Total Quality Logistics (TQL) on Thursday released a new mobile application for shippers. TQL TRAX is designed to allow shippers to monitor the movement of their freight from their smartphone or tablet, with views into loads that are currently on the road and load stops. Users can also contact […]
The Congressional Maritime Caucus’ statement of purpose, included in a registration letter to a House administrative committee, says the group will be a “devoted ally to all components of the maritime industry.”
To make air cargo more secure, stakeholders need to achieve closer cooperation and current governmental regulations must be harmonized to prevent redundancies, according to the International Air Transport Association’s Chief Executive Officer Tony Tyler. In a speech during the organization’s Secure Freight Forum in Geneva, Tyler, who was pushing the organization’s Secure Freight program, also […]
Higher cargo volumes to Guam helped Matson report higher profits in the fourth quarter and for all of 2012. Horizon Lines, Matson’s main competitor in the U.S. mainland-to-Hawaii trade lane stopped serving Guam in late 2011 when it discontinued its U.S. West Coast-Guam-China service. Matson said it carried 25,500 containers between the U.S. […]
International Shipholding Group said it had a profit of $11.5 million in the fourth quarter ending Dec. 31, compared to $1.8 million in the same 2011 period. Operating income for the quarter was $10.1 million versus $5.4 million a year earlier. Revenue was $56.8 million in the fourth quarter compared to $61.8 million. […]
The U.S. Justice Department said Ashu Bhandari, former president and chief executive officer of U.S. Virgin Islands-based GEM Manufacturing, was sentenced Thursday in federal court in St. Thomas for felony customs violations for his role in a scheme to illegally import protected black coral into the United States. Bhandari is the last defendant […]
The less-than-truckload (LTL) carrier YRC Worldwide on Friday said it turned an operating profit in 2012, the first time in six years the company has done so. YRC had operating profits of $24.1 million in 2012, a $162.4 million improvement from 2011. Revenue, at $4.9 billion, was 0.4 percent lower than in 2011. […]
The less-than-truckload (LTL) carrier Old Dominion Freight Line saw operating profits rise 21.9 percent year-on-year in 2012 to $285.2 million. The carrier’s net profit rose 21.5 percent to $169.5 million on revenue that rose 12.1 percent to $2.1 billion. The robust annual figures came despite lower growth in the fourth quarter, with […]
Atlas Air Worldwide has signed a multi-year contract with Chapman Freeborn Airchartering to provide Boeing 747-400 freighter service under an ACMI (an aircraft, complete crew, maintenance, and insurance) arrangement starting in April. Although Chapman Freeborn has a number of 747-series freighters under contract, this is its first 747-400. Chapman Freeborn has been a […]
Members of the International Longshore and Warehouse Union’s Local 63 Office Clerical Unit rejected some of the proposed contracts that were reached with employers last December during ratification voting on Wednesday night.
