The Port Authority of New York and New Jersey said it will review Atlantic City International Airport and possible assumption of the airport as a way to expand the region’s flight capacity. The authority’s board of commissioners on Thursday authorized spending up to $3 million to review the financial, legal, environmental and business […]
CLX Logistics, parent company of ChemLogix, has acquried LHC Consulting in the Netherlands. LHC focuses on supply chain management and logistics services. CLX said the LHC buy will give it the ability to expand in Europe while enhancing services to existing international customers. “Through the acquisition of LHC Consulting, we can provide both transportation […]
Supply chain waste is a common topic in conversations with supply chain professionals, but the logistics behind that waste and those end-of-life materials often gets overlooked and disregarded even in the context of sustainability in manufacturing. Garbage is significant because there are environmental and financial benefits to be had in converting these materials […]
Friday is the last day on the job for Con-way Truckload President Herb Schmidt, who is retiring after a long career in trucking. Schmidt was the president and chief executive officer of Contract Freighters Inc., a Joplin, Mo.-based truckload carrier, who managed the sale of the company to Con-way Inc. in 2007 and stayed on to […]
The Port Authority of New York and New Jersey is implementing changes to “rid itself of years of inefficiency,” and faces “enormous” challenges and opportunities over the next decade, according to a report by Navigant Consulting.
Earlier this week, officials at the Jawaharlal Nehru Port Authority officially threw out a winning bid from PSA International and domestic partner ABG Ports for a 30-year concession to build and operate the terminal.
OCZ Technology Group has reshuffled its top management in an attempt to regain investor confidence, but the struggling solid-state hard-drive maker is still feeling an immense pressure to fix its supply chain. In the past month the company lost both its chief executive officer and chief financial officer, who received much of the blame for its […]
The Port Authority of New York and New Jersey has appealed an order by a New York State judge to provide a New York state assemblywoman with a study of how bridge toll increases will affect the New York Container Terminal on Staten Island. Fares on the Goethals, Outerbridge and Bayonne bridges, which connect Staten […]
The Japanese line confirmed to American Shipper that it recommended staff “forgo business trips for the time being,” but said “there is an option for staff to take a business trip to China depending on the need.”
NYK said ROLF’s current managers will lead the new joint venture divisions and work in cooperation with NYK representatives. Alexander Larin, who is now chief executive officer of ROLF’s logistics business, will remain CEO of the joint company.
On-demand supply chain management service provider SPS Commerce has paired up with Wicresoft to develop a supply chain solution specifically geared to China, Hong Kong, and Japan. Wicresoft, an IT service developer that focuses on information technology infrastructure and business process outsourcing, will provide a baseline infrastructure for the service, including virtualized hardware […]
The Stifel Nicolaus Logistics Confidence Index, a measure of European freight forwarder confidence, fell for the fifth straight month in September. “Survey respondents indicated that the current forwarding and logistics environment continues to track below normal expectations for this time of year, registering 40.6 vs. 41.5 last month, and compared with a benchmark […]
Two bellwethers of the freight transportation sector are showing relative weakness in their volume, signaling that the uneven U.S. economic recovery could be heading for another dip. In a preview of its Oct. 23 quarterly earnings report, Norfolk Southern Corp., a Class I railroad operating in 22 eastern states, said it expected diluted earnings […]
Maersk Line said Tuesday it will be making major adjustments to its Rumba service that connects the Indian Subcontinent and Middle East with the Mediterranean and the east coast of South America. From November, the Danish line will be splitting the existing Rumba rotation into two distinct loops – one a six-ship Med/East […]
Non-vessel operating common carrier Shipco Transport has started two new less-than-containerload (LCL) services from China to North America. The services linked Ningbo to Houston and Huangpu to New York. Shipco will use liner carrier Mediterranean Shipping Co. to offer a 20-day transit time to Houston and a 22-day transit time to Dallas from Ningbo. […]
The Virginia Port Authority (VPA) and Virginia International Terminals (VIT) said they have created a special Web page dedicated to helping disseminate up-to-date local information to stakeholders and the public in the event of an East Coast labor stoppage. The members of the International Longshoremen’s Association and U.S. Maritime Alliance, which represents employers, […]
Barloworld Logistics, a provider of logistics and supply chain services, has announced plans to expand its operations from the United Arab Emirates to Africa and the Persian Gulf. According to analyst Ernst and Young, exports from the Middle East and Africa are predicted to grow by more than 12 percent over the next 10 years, while […]
Supply chain specialist Virtualized Logistics has announced a series of vendor workshops to help customers manage their suppliers. The company aims to alleviate the worry around the complexity of managing supplier relationships and negotiations. Anna Warren, supply chain solutions manager for Virtualized Logistics, said many companies are interested in sourcing more products […]
Japanese freight forwarder Yamato Global Logistics Japan Co. Ltd. has agreed to plead guilty and pay a $2.3 million criminal fine for its role in a conspiracy to fix certain fees related to air cargo services from Japan to the United States, the U.S. Justice Department announced Wednesday. As a result of the […]
Tensions between China and Japan continue to rise over the disputed purchase by Japan of territorial islands between Okinawa and Taiwan. The tension has spilled into the shipping world, with the Japanese ocean carrier “K” Line reportedly refusing to allow employees to travel to China, following on the heels of Japanese manufacturers closing […]
