A group of shippers, known as the Coalition for Responsible Transportation, is partnering with the Port of Jacksonville in a voluntary initiative to reduce air pollution caused by shuttle trucks serving the Florida port and their warehouses.
The Taiwan subsidiary of Yusen Logistics has been certified by China Customs as an authorized economic operator (AEO) since the start of December, the company said Wednesday. Yusen was granted AEO status for freight forwarding, customs brokerage and warehouse operation. The certification allows Yusen exemptions from some customs procedures, as it’s recognized officially […]
The cargo division of Verisk Crime Analytics has entered into an alliance with insurance brokerage and risk management firm Integro Insurance Brokers to support the cargo theft prevention efforts of Integro’s domestic property broker and forwarder clients. Under the agreement, Integro will provide complementary membership to Verisk’s CargoNet system for all of its […]
Drewry Shipping Consultants is predicting that this year contract rates negotiated with shippers on the key East-West trade lanes will be higher when compared to the low levels of 2012. Referencing its latest quarter Container Forecaster report, London-based Drewry forecasts global container demand to increase by 4.6 percent this year, but says “Considerably faster […]
ILA spokesman Jim McNamara said a meeting next week on master contract issues for 14 container ports on the East Coast and Gulf Coast “is still on” and local negotiations are continuing in other ports.
The average price of diesel will fall to $3.87 per gallon this year, a price drop of 10 cents compared to the average cost of diesel fuel in 2012, according to the U.S. Energy Information Administration.
Global liner schedule reliability declined from 84 percent in October to 82 percent in November, according to figures released this week by the maritime analyst SeaIntel. However, despite a downturn in vessel on-time arrival percentage, the actual delivery time of containers improved from October to November, SeaIntel said. Based on analysis of […]
After a decline from September to October, freight activity in the United States was again on the rise, bumping up 1.7 percent, month over month, in November, according to the U.S. Transportation Department’s Bureau of Transportation Statistics. The bureau’s freight transportation services index — a measure of tons and ton-miles taken for all domestic […]
The global trade management software provider Kewill said this week it has appointed Andrew Hicks as chief financial officer. Hicks joins Kewill from Misys, the banking software provider, where he most recently held the post of global head of integration, overseeing the operational integration of its merger with Turaz, where he was previously […]
The breakdown reportedly centered on work rules changes proposed by the New York Shippers’ Association that were unpalatable for the dockworkers’ union, after the two sides opened discussions Wednesday.
Gene Seroka, president of the Americas for APL Ltd., said he’s encouraged by the presence of the FMCS during the talks, singling out efforts to bring the union and employers together by FMCS Director George H. Cohen.
With a goal of increasing freight revenue by 10 percent in 2013, the Finnish carrier will open a new cargo hub in Brussels in March, initiating new weekly MD-11 services connecting the facility with New York, Chicago and Helsinki.
“Safcomar (renamed SDV Suisse) has expanded in a number of fast-growing sectors such as pharmaceuticals, bio plasma, perfumes, fragrances and luxury goods,” said Hugo Roppel, the newly appointed CEO of SDV’s Swiss operation.
Global air freight demand improved by 1.6 percent, year over year, in November after experiencing a 2.6-percent decline during the previous month, according to recently released data from the International Air Transport Association. The organization anticipates worldwide cargo growth of 1.4 percent in 2013. Even though air freight has seen some improvement, IATA […]
The American Trucking Associations has seen progress on 12 of the 20 steps it proposed four years ago to significantly reduce highway truck crashes. At that time, the organization lobbied policymakers to put these safety measures into effect. “ATA has been a vocal advocate for making common sense, data-supported, regulatory and legislative […]
“Even with the recent reports of the CEO of AMR stating a deal is weeks away, we believe there could be an announcement forthcoming shortly,” said industry analyst Dahlman, Rose & Co.
Shipments of coal on U.S.-flag vessels working in the Great Lakes totaled 25,347,709 tons in 2012, a decrease of 8.2 percent compared to 2011. The trade was 25 percent off its 5-year average, according to the Lake Carrier’s Association (LCA), which represents 17 American companies that operate 57 U.S.-flag vessels on the Great […]
A new DynaLines study by Netherlands-based Dynamar B.V. on the possible merger of Hapag-Lloyd and Hamburg Süd finds the combined companies “would have a lower exposure to the more challenging, but still important East-West routes and a further improved coverage of the believed more promising North-South trades.” The 14 page Hamburg Express report, released Tuesday, noted […]
Unifeeder said it’s offering improved service between the United Kingdom and other European ports with shorter transit times and more departures in the wake of its acquisition of Feederlink Shipping and Trading from Irish Continental Group last year. It said the network of Feederlink and Unifeeder has now been combined. Details on transit […]
San Francisco-based Menlo Worldwide Logistics has opened the $50 million, 37,000-square-meter Sunview Centre, a warehousing and distribution facility in Singapore. The company now has seven facilities in Singapore spanning 195,000 square meters. The company’s president, Robert L. Bianco Jr., points to the new facility as part of Menlo’s continued expansion in Asia. […]
