Hamburg Süd has launched a direct liner service between North, Central and South America, deploying five vessels with a nominal slot capacity of 1,850 TEUs, including refrigerated container plugs. Hamburg Süd said the services replaces a current Cartagena–California service and has the following port rotation: Guayaquil, Balboa, Puerto Quetzal, Los Angeles, Oakland, Manzanillo, Puerto […]
Overseas Reymar The Coast Guard said it’s continuing to investigate Monday morning’s allision by the Overseas Reymar with the San Francisco-Oakland Bay Bridge, but noted Tuesday an initial review of communication between the ship and the port’s Vessel Traffic Service (VTS) revealed that “VTS warned the ship prior to the allision.” The tanker reported the […]
Rickmers-Linie has set up a new company, Rickmers-Linie (Singapore) Pte Ltd., to strengthen its presence in Southeast Asia. The new company will operate out of offices co-located with Rickmers Shipmanagement in Singapore. Rickmers-Linie (Singapore) has already taken over all responsibilities for Rickmers-Linie’s activities from its former agent, Horizon Shipping, with which it […]
Some companies imply they are moving away from the spot market altogether, using contracts as a baseline instead of a reaction to a down market. These shippers would only play the spot market for emergency shipments.
The U.S. Army Corps of Engineers said last week it continues to project river stages will sustain the authorized nine-foot deep commercial navigation channel between St. Louis and Cairo, Ill., offering some relief to barge operators.
Congress has introduced an amendment that would add all-cargo carriers to the Federal Aviation Administration’s pilot flight duty guidelines, which are to take effect in 2014. Introduced by New York congressmen Michael Grimm and Tim Bishop, the Safe Skies Act of 2013 seeks to amend the FAA’s rule to apply the changes to […]
The FBI is looking into a shipping fraud scheme out of Canada and has set up a Website and online questionnaire for victims of the activities. Allegedly, fake Canadian businesses located in or around Montreal have been requesting credit lines from U.S. companies and ordering materials against the credit, and shipping the goods […]
An article in yesterday’s AS Daily about the U.S. Transportation Command’s 12-carrier air cargo contract misstated the value. It should be $694 million.
The third-party logistics provider also plans to announce next week the acquisition of EP-Team, an air cargo company that specializes in expedited project cargo using Russian Antonov and other aircraft capable of handling oversize loads.
The ocean transport software developer Global Maritime Transportation Services (GMTS) on Tuesday released a rate tool that gives users the ability to index by trade, port pairs, commodity, equipment size, and type of market rates via a 24/7 information feed. The patent-pending software, dubbed BOTE Charts by Globe Maritime, is part of a […]
The global non-vessel-operating common carrier CaroTrans on Tuesday unveiled an ocean freight tool to calculate the combined transportation cost for less than truckload (LTL) and less than container load (LCL) shipments for specific origin-destination routes. The door-to-port rate application allows users to receive a variety of route/sailing options to evaluate and select transportation […]
The insurance company Allianz said 106 ships were lost worldwide in the 12-month period ending Nov. 25 2012, up from 91 ships the previous year but a 27 percent decrease on the 10-year average of 146 ships per annum.
APL said it will implement a $500-per-TEU general rate increase on April 1. “During the course of 2012, APL’s transatlantic service has seen a significant decline in freight rates whilst costs have increased, resulting in an unsustainable financial performance,” the Singapore carrier said. APL said the increase is applicable on all standard dry boxes […]
The software-as-a-service supply chain vendors GT Nexus and TradeCard said Monday they have entered into a merger agreement that will create one of the largest cloud-based platforms in the supply chain arena. The merger pairs two companies with somewhat similar supply chain visibility platforms, but distinctly different strengths. Oakland-based GT Nexus’ strength lies […]
The information service Alphaliner said global cellular containership fleet capacity was 16.34 million TEUs on Jan. 1, a 6 percent increase over the previous year. According to Alphaliner’s latest weekly newsletter, the increase reflects the delivery of 207 ships in 2012 with capacity of 1.26 million TEUs, partially offset by scrapping and other deletions […]
Eastern Class I railroad CSX said Tuesday that 105 new or expanded manufacturing sites selected by shippers in 2012 on its network are expected to generate 162,000 carloads of new freight business in future years. Many of the new or pending projects involve energy production, including ethanol and crude oil terminals, natural gas processing […]
FedEx has transported 127 crates of Machu Picchu artifacts — stone tools and ceramic fragments that had been housed at the Yale Peabody Museum of Natural History — from Newark, N.J., to Lima, Peru. The shipment was flown on an Airbus 330 aircraft to Peru, transferred to a military base and handed over to […]
President Obama last week signed the National Defense Authorization Act, which will reauthorize MSP, providing financial support to 60 ships to partially offset higher operating costs under the U.S. registry.
The contract will commence Feb. 1 and run for one year, with options for four more one-year periods. The competitive acquisition comes with guarantees for each carrier of $2.5 million.
Norfolk Southern said it could benefit from more than 141,000 carloads of new rail traffic each year from 64 new industries it helped locate on its network and 30 industries it helped expand in 2012.
