Container lines of the Transpacific Stabilization Agreement have recommended a rate increase from Dec. 1, ahead of a previously announced increase on rates for new contracts negotiated now through May.
Collectively, the three lines (MOL, NYK Line and “K” Line) made around $20 million in the period from April 1 through Sept. 30 this year, although that number was somewhat dragged down by MOL’s $33.3 million operating loss on the liner side.
Carrier on-time and container delivery performance both improved in September, according to the latest figures from SeaIntel Maritime Analysis. Liner schedule reliability improved to 83 percent last month.
The crew of the Coast Guard cutter Decisive rescued a four-man crew from an overdue 87-foot coastal freighter, Two Brothers, over the weekend after the vessel became disabled and adrift following a fire during its transit from the islands of Aruba to Tortola, British Virgin Islands. The Coast Guard was assisted by a Customs and Border […]
Port authorities across the U.S. eastern seaboard continue to take stock of their facilities in the aftermath of Hurricane Sandy. The Port Authority of New York and New Jersey said there was no electrical power at the port and “no time frame for repair.” A memorandum from Richard M. Larrabee, director of the Port […]
The liner carrier Hapag-Lloyd said this week that an Asia-Black Sea service on which it is a partner will skip a sailing in late November. The ABX service, operated jointly the New World and Grand alliances, has a rotation of Ningbo, Shanghai, Shekou, Hong Kong, Singapore, Port Said, Ashdod, Istanbul, Constanza, Odessa, Istanbul, […]
Horizon Lines reported a profit of $1.4 million in the third quarter ending Sept. 23, compared to a $111.7 million loss in the same 2011 period. Revenue was $279.6 million for the third quarter this year, compared to $267.6 million in the same 2011 period. Results, the company noted, were presented on a […]
The logistics technology provider CargoWise said Tuesday that CMA CGM Logistics will use a hosted version of its ediEnterprise product to support the logistics services provider’s U.S. operations. CMA CGM Logistics Managing Director Simon Preisler said the ediEnterprise operating system was chosen because of its flexibility, cost-effectiveness, and capacity to support global growth. “We are […]
The ship lessor Seaspan Corp. said Tuesday it had a profit of $17.8 million in the third quarter ending Sept. 30, compared to a loss of $122.6 million in the same 2011 period. The company had revenue of $168.7 million in the third quarter, compared to $154.8 million in the same 2011 period. […]
Fednav Ltd. signed a long-term contract to transport nickel and copper concentrates from Canadian Royalties’ Nunavik Nickel Project in northern Quebec to customers in Europe, as well as handle the import of mine supplies and equipment from Europe. To service the contract, Fednav placed an order with Sumitomo Corp. and Universal Shipbuilding in […]
“We are standing by to provide assistance for transportation services, staging areas, storage, expert advice, and other vital resources,” said ALAN President Jock Menzies.
Worldwide Flight Services (WFS) has won the contract to provide cargo handling for British Airways World Cargo (BAWC) at London’s Gatwick Airport. The new contract, effective Dec. 1, will see about half of the airline’s cargo team at Gatwick transfer to WFS, the world’s largest air cargo handler. The company handles more than […]
Swissport International, a provider of ground services to the aviation sector, has won cargo handling contracts with Lufthansa and Finnair at Copenhagen Airport. Services for Lufthansa will begin Dec. 1, and will include cargo handling for the German carrier’s multiple daily flights to and from the airport and road feeder services between Copenhagen […]
The wind turbine is Walmart’s first onsite industrial-sized wind turbine and will generate about 2.2 million kilowatt hours of power, providing up to 20 percent of the Red Bluff, Calif. distribution center’s annual electricity use.
The liner carrier’s increases, effective from Dec. 1, are $320 per 20-foot container, $400 per 40-foot container, $450 per 40-foot high-cube and $506 per 45-foot high cube container to U.S. West Coast ports.
Gulfport Director Don Allee will resign from his post, effective Nov. 2, in the wake of scrutiny over how the Mississippi port has used $570 million in federal funds after Hurricane Katrina, according to local reports.
A 168-foot tanker washed ashore on Staten Island in New York Monday night during Hurricane Sandy. A WABC report featured striking footage of the John B. Caddell aground near Front Street. It described the ship as a “water tanker.” The ship is described as being built in 1941 and having a deadweight […]
Maersk Line said this week it will omit some port calls on its Asia-Europe network to account for potential port closures during the winter season. The omitted calls, which will occur from mid-November through the end of the year, will be covered by other calls at the same ports on different Maersk services, […]
Belgian postal operator bpost is in talks to acquire a majority share of Ontario, Calif.-based Landmark Distribution, a cross-border parcel logistics specialist, and sister company Landmark Trade Services in Canada.
