Associated British Ports (ABP) has named James Cooper its new chief executive officer, following the retirement of Peter Jones at the end of March 2013. Prior to this appointment, Cooper served as a non-executive director at ABP. He is currently a director of Infracapital, the European infrastructure fund of M & G Investments, […]
The U.S. Commerce Department’s Bureau of Industry and Security Office of Technology Evaluation has initiated a Website to show preliminary results from its ongoing U.S. Space Industry ‘Deep Dive’ assessment. Started in June 2012, the BIS study is based on a mandatory data collection from over 9,000 companies, universities, non-profits, and U.S. government agencies […]
The container line said Monday it made $87.1 million in liner operating profits in the third quarter, a major swing from the $144 million it lost during the same period in 2011. Liner revenue in the third quarter was $2.2 billion.
The American Logistics Aid Network (ALAN) is supporting Voluntary Organizations Active in Disaster (VOAD) and emergency management agencies across the Mid-Atlantic and northeastern United States in the aftermath of Superstorm Sandy. ALAN has engaged numerous private industry and logistics services companies to help meet the needs of these disaster relief organizations. Currently, […]
John Lanigan, executive vice president and chief marketing officer for BNSF Railway, will retire on Jan. 15 and be succeeded by Steve Bobb, vice president of coal, the company announced Friday.
The federal government issued issued a temporary blanket waiver of the Jones Act to immediately allow additional oil tankers from the Gulf of Mexico to deliver product from the Gulf of Mexico to Northeastern ports.
Global logistics provider C.H. Robinson announced Friday it has finalized the acquisition of Chicago-based freight forwarder Phoenix International for $571.5 million in cash and about $63.5 million in newly-issued C.H. Robinson common stock. Eden Prarie, Minn.-based C.H. Robinson revealed in late September that it had made an offer to buy Phoenix, which is especially strong […]
The regulations will require that any brokers, freight forwarders, shippers, and receivers to hire, or contract with, only carriers compliant with CARB’s regulations on emissions from reefer boxes.
The U.S. Federal Mediation and Conciliation Service (FMCS) said labor negotiations between the Pacific Northwest Grain Handlers Association, which represents employers, and International Longshore and Warehouse Union Locals 4, 8, 19 and 23 are continuing. In a brief statement issued Friday, FMCS said at its request the parties have agreed to continue negotiations under […]
Container terminals in the Port of New York and New Jersey are reopening in the aftermath of Hurricane Sandy. The Maher and APM Terminals in Elizabeth, N.J., received ships on Sunday and the Port Newark Container Terminal (PNCT) and Global Terminal in Jersey City were scheduled to open for business on Monday morning. […]
Third party logistics services firm DSV, together with real estate developer Habacker, will build a 60 million euro ($76.7 million) logistics facility in Krefeld-Fichtenhain, Germany. The 80,000-square-meter facility will consolidate a number of DSV facilities of the Road, Air & Sea and Solutions divisions in North Rhine-Westphalia, the company said. Habacker will start […]
The Port Authority of New York and New Jersey will receive on Sunday the first ships to call at container terminals in the port since it was hit by Hurricane Sandy. On Sunday, four cargo vessels will go to Maher Terminal…
by Cheryl Garcia, regional vice president, Global Transportation Relationship Management, U.S. Bank Freight Payment Supply chain practitioners have a simple goal: to create as much certainty as possible out of situations rife with uncertainty. And there’s a great deal of uncertainty at the moment, with the ongoing contract negotiations between East and Gulf Coast […]
Former senior global logistics leader at GE Electric Power and Water, Vikash Patel, has formed a third-party logistics firm specializing in the transportation management of project cargoes, such as wind turbine components. Patel, who is credited with overseeing the largest transportation move in North American history to date, which included more than 20,000 […]
Some container shipping companies indicated they were changing ship rotations, diverting cargo to other ports, or setting up special phone numbers or offices in the wake of the Northeast storm.
“The Corps’ decision is a crucial step for a project more than a decade in the making,” said Curtis Foltz, Georgia Ports Authority’s executive director. “It is a leap forward for America’s global competitiveness.”
The global container terminal operator DP World has won a bid from the Jawaharlal Nehru Port Trust to build a single-berth terminal at India’s biggest port complex. The $200 million terminal will be built alongside DP World’s existing terminal in the port, also known as Nhava Sheva, on a 17-year concession. The terminal […]
Paul Devine replaces former president Erxin Yao, who is relocating back to Hong Kong to become OOCL’s director of corporate planning, regions management and corporate administration.
The Switzerland-based company’s forwarding revenue in the third quarter rose 9.6 percent to $1.8 billion, but operating profits fell 84.3 percent to $7.5 million. Year-to-date, revenue is up 1.6 percent to $5.2 billion.
OOCL said starting Jan. 1 it will no longer provide chassis for import and export shipments to and from Norfolk and Front Royal, Va., as well as for Kansas City, Omaha, St. Louis, and Council Bluffs, Iowa. All truckers, either working as suppliers for OOCL or its customers, must provide chassis for these shipments. Chassis […]
