The U.S. Commerce Department on Tuesday reported that the country’s exports in goods and services for October were down 3.6 percent from the previous month to $180.5 billion. Similarly, U.S. imports during that month fell 2.1 percent to $222.8 billion. As a result, the October international trade deficit increased to $42.2 billion […]
The CKYH or Green Alliance of container shipping companies (COSCO, “K” Line, Yang Ming and Hanjin Shipping) said it will cancel seven voyages on loops between Asia and North Europe and Asia and the Mediterranean “in order to cope with the seasonal market demand.” According to a press release, CKYH members will cancel the voyages from […]
The center, which will support 40 programmers and engineers, will serve as a software engineering and research and development hub for the railroad’s technology group.
The Port of Hamburg said the world’s largest containership, the 16,020-TEU CMA CGM Marco Polo, berthed at the HHLA Container Terminal Burchardkai (CTB). But Reinhard Peschel, managing director of CMA CGM Deutschland, said “delay in the dredging of the river Elbe makes it more difficult for us to enable dependable handling, because even […]
Transportation Solutions Enterprises (TSE) has appointed Richard G. Piontek as president of 3PLogic, the company’s transportation management and technology services subsidiary. Piontek takes over from 3PLogic’s current president and co-founder, Eric Rempel, who will focus on continued innovation and development of the company’s technology platform as its chief information officer. “We’re excited […]
The freight rate technology vendor Catapult International said Wednesday it has released a new software product called Spring Board that allows liner carriers and non-vessel-operating common carriers to accept shipper rate request bids of any Excel format and map them to a master template. Spring Board also allows carriers and NVOs to manage […]
Import cargo volume at the nation’s major retail container ports is expected to increase 3.9 percent in December despite a strike that closed the nation’s largest port complex for the first few days of the month, according to the monthly Global Port Tracker report released Monday by the National Retail Federation and Hackett Associates. […]
The Port of Virginia handled 198,720 TEUs of containerized cargo in November, the second best month ever for the port. Several carriers rerouted container cargo through Norfolk after Hurricane Sandy closed the Port of New York and New Jersey. But the uptick in cargo in Virginia is part of a longer term […]
With the U.S. government’s recent order to impose duties of Chinese solar panels, a group representing U.S. manufacturers of this equipment warned importers that tariffs may climb. Federal orders were issued on Dec. 7 to activate final anti-subsidy and antidumping duty rates ranging from 24 percent to 255 percent on imports of Chinese […]
Entercoms, a Dallas-based provider of aftermarket supply chain services, has named Michael Smith chief commercial officer. He will be responsible for commercial strategy and development in marketing, sales, product development and customer service as the company seeks to drive business growth and expand market share. Previously, Smith was vice president and general […]
Fednav Group’s ship, Federal Satsuki, is discharging cargo at Federal Marine Terminals in Cleveland this week, one of a series of new “green” vessels being built by the Montreal-based company by the Oshima shipyard in Japan. The ship will discharge steel for the coal mining, automotive, and cosmetic industries and machinery for the […]
The Port of Jacksonville said a grant will allow it to reduce pollution from equipment at its Talleyrand and Blount Island marine terminals. Awarded by the Florida Department of Environmental Protection, a grant funded by the U.S. Environmental Protection Agency will allow Jaxport to pay for diesel oxidation catalysts to be installed on […]
Ryder System said Tuesday it launched a mobile application of its onboard telematics system RydeSmart 3.0 for the iPhone and iPad devices. With the application, existing RydeSmart customers will be able to track their vehicles and access real-time data on their fleets from their mobile devices at any location, any time of the […]
Cavotec said it had won multiple orders for alternative maritime power (AMP) shore-to-ship electrical power systems at the Port of Los Angeles. These projects follow several orders for similar systems throughout California. The units allow ships to “cold iron” and use shore-generated electricity when docked. “These orders are the latest in […]
Life got easier last week for importers of low-value consignments when U.S. Customs and Border Protection issued a rulemaking increasing the threshold for informal entries to $2,500 from $2,000, effective Jan. 7.
Swiss WorldCargo has signed up as the first member of the International Air Transport Association’s multilateral e-air waybill agreement, an initiative that promotes using a multilateral agreement where several bilateral EDI agreements between forwarders and carriers once stood. This new approach to the e-air waybill is still in the trial stages, but the […]
The port is taking steps to be more transparent in the wake of a scandal involving improper travel expense reimbursements, which led to the retirement of former executive director Omar Benjamin in November.
There may be a need for further improvements to the Panama Canal even after the waterway completes its current expansion in 2015, said Alberto Alemán Zubieta, former administrator of the Panama Canal Authority.
Nine global logistics networks have banded together as the founding members of ELITE, a global freight forwarding association comprising more than 3,550 companies with revenues in excess of $60 billion. The founding networks include the Global Logistics Network, Lognet Global, the WCA Family of Logistics Networks and the WCA Projects Network, the Worldwide […]
DB Schenker has announced its expanded lead logistics service, a fourth party logistics program in which DB officials will manage and integrate service providers among a customer’s supply chain. “We have noticed that demand for this special service is increasing across Europe,” DB Schenker’s Karl Nutzinger said in a statement. “We offer efficient cost controls […]
