The committee report released Monday said Huawei’s “assertions denying support by the Chinese government are not credible.” Huawei and ZTE were dinged in the report for disregarding intellectual property rights.
Memphis, Tenn.-based IMC Cos. has acquired more than 1,500 container chassis from OOCL (USA) and is speaking with other trucking companies about creating a pool to buy chassis from other ocean carriers.
She recently withdrew her name for consideration as the permanent port director and resigned her post to take advantage of the opportunity in Houston, Bill Terry, chairman of the Port Freeport commission, said.
The World Bank on Monday downgraded its economic projections for the Asia-Pacific region this year, saying the region would experience 7.2 percent growth compared to 8.2 percent in 2011. Both figures are a sharp decline from the region’s 10 percent growth rate in 2010. In May, the World Bank predicted the Asia-Pacific region […]
The research firm forecasts continued growth in perishable reefer cargo for 2012, and said “beyond that, population growth levels and GDP levels will see trade increase at an average rate of over 4 percent a year to 2016.”
France’s Bollore Group plans to invest $79 million to improve infrastructure and double container terminal capacity by 2015 at the Port of Abidjan in the Ivory Coast, the company said Monday. Abidjan is the second largest port in West Africa, after Lagos, but facilities are in need of an upgrade after neglect due […]
PeopleNet, a provider of onboard computing and mobile communications systems for fleet management, said trucking company J.B. Hunt Transport Services has picked it for fleet-wide EOBR (electronic onboard recorder) and onboard computing needs. “PeopleNet will help us more easily comply with regulations and advance our commitment to safely sharing the roads with the […]
Crowley Maritime Corp. has promoted Danny Hall, formerly vice president of former subsidiary Jarvis Freight International, to vice president of strategic business development for Crowley’s logistics team. David Higgs, formerly director of Crowley’s product logistics team, was also promoted to vice president of project logistics and global freight management. The project logistics […]
Next Generation Logistics, a developer of transportation management software and supply chain consulting services, and Data Masons Software, a provider of EDI and XML solutions, entered a technology partnership. Next Generation selected Data Masons’ Vantage Point EDI (electronic-data-interchange) solution to complement the capabilities of its FreightMaster TMS and Dynamics TMS software. “When […]
The global logistics services company Dachser has established a joint venture operation in Ho Chi Minh City, the company said Monday. “The Vietnamese market is projected to strengthen, and as Dachser continues to enter new markets our American shippers’ network capabilities will continue to strengthen as well,” said Frank Guenzerodt, president and chief executive […]
The U.S. International Trade Commission has started an investigation into the global competitiveness of the U.S. commercial olive oil industry. The investigation, “Olive Oil: Conditions of Competition between U.S. and Major Foreign Supplier Industries,” was requested by the House Ways and Means Committee in a letter received by the ITC on Sept. 12. […]
Schenker Ltd., the U.K. arm of DB Schenker Logistics, on Monday opened a new headquarters building at London Heathrow. The 9,900-square-meter facility will also be the main air freight hub for the United Kingdom. “The facility is perfectly located for access to all areas of the airport and our 15 year lease, […]
The U.S. Export-Import Bank is scheduled to hold a series of trade finance seminars in cities throughout Vietnam, one of the bank’s nine key markets, from Oct. 10-16 as part of a “roadshow” designed to boost U.S. exports to the region. The half-day seminars, organized in conjunction with the American Chambers of Commerce […]
IBM has introduced a new version of its inventory optimization solution – ILOG Inventory and Product Flow Analyst (IPFA). The latest version of this product, part of IBM’s Smarter Commerce initiative, includes a new simulation capability, enabling companies to more efficiently analyze safety stock levels to ensure forecasted inventory levels will meet customer […]
APL Logistics (APLL) said Monday it has signed an agreement to buy out the interests of two other companies – Legend Holdings Co., Ltd. and Beijing Willway Information Technology Co., Ltd. – in the Chinese joint venture the three owned together called the APLL-Zhiqin Group. APL Logistics said it expects the transaction to […]
The joint venture, called Saudi Global Ports (SGP), will construct the second terminal at King Abdul Aziz Port in Dammam, the largest Persian Gulf port in Saudi Arabia and a key gateway port in the Arabian Gulf.
Jeroen Seyger will do the job previously held by Bernard Bot, who was appointed the express carrier’s interim chief executive officer on Sept. 24 following the abrupt resignation of CEO Marie-Christine Lombard.
Wallenius Wilhelmsen Logistics has acquired a 60 percent stake in the Dutch firm Abnormal Load Services (ALS) Holding B.V, a specialist in “out-of-gauge” cargo, including construction and agricultural machinery.
Dockworkers in Portugal have been protesting since Sept. 17 over a government plan to reduce port costs in an effort to induce more exports from the country, but labor unions see the plan as a way to cut their workforce in half.
The liner carrier Maersk Line said Monday it has extended its delivery time guaranteed product from Asia to Northern Europe to two additional ports in Asia – Jakarta and Laem Chabang. The two ports will be added to the four existing origin ports (Shanghai, Ningbo, Yantian, and Tanjung Pelepas) in the Daily Maersk product. […]
