Maersk Line has named Soren Strom as its new chief financial officer, effective Nov. 1. Strom currently holds the same position with Clipper Grou A/S, a Danish bulk and project vessel owner, where he has been the last two years. Prior to that, Strom spent 27 years with Ernst & Young, most recently […]
Venezuela has released the captain of a U.S.-flag cargo ship and dropped charges against the vessel and crew, said a U.S. union. Ocean Atlas, a heavylift ship operated by Crowley for shipping company Intermarine, has been in Maricaibo since Aug. 29, according to an account in Forbes. A Reuters report said the […]
Internet Truckstop, one of the largest Web-based freight matching services in the transportation industry, will be fully integrated with MercuryGate’s Transportation Management System on Oct. 5. The companies have worked together for years, previously integrating Internet Truckstop’s flagship products for searching and posting loads with MercuryGate’s platform. The companies said next month customers […]
Ship agency and brokerage T. Parker Host has appointed Cees van de Mortel to chief operating officer. He spent the last 12 years with Kinder Morgan Terminals in various senior management positions, and prior to that he was employed with the Dutch transportation and terminal company Vopak. Reporting to Adam Anderson, president, […]
Legislation granting Permanent Normal Trade Relations to Russia, with benefits accruing to U.S. companies in that market, has strong bipartisan and bicameral support in the U.S. Congress and could be passed during the next two weeks before legislators leave Washington to concentrate on the November election. Industry and legislative supporters of the bill see […]
Law firm Veneble said the number of Foreign Corrupt Practices Act enforcement actions by the Justice Department and SEC in the first half of 2012 stayed flat compared to levels in the first half of 2011.
The large shippers organization said a survey of its members found they anticipate “significant disruptions in their supply chains in the event of work stoppages at East and Gulf coast ports.”
Numerex Corp. has launched its supply chain management portfolio that allows large customers to optimize their inventory management. The platform provides real-time information about product sell-through, usage, and availability, which Numerex said can be leveraged into a variety of business intelligence and inventory systems to improve efficiency. The company specializes in interactive […]
Joseph Debose, a resident of North Carolina and a former staff sergeant in a U.S. Special Forces National Guard unit, pled guilty Friday in U.S. District Court for the Eastern District of New York to violating the Arms Export Control Act. According to court documents, Debose, 30, provided multiple shipments of firearms to […]
The transaction will finance the construction of the first nuclear power plant on the Arabian peninsula, which upon completion will number among the largest nuclear-generating facilities in the world.
The suspension at Puerto Caldera comes in the wake of a massive earthquake in Costa Rica last week that has caused congestion due to the partial closure of most of the port’s berthing positions
The world’s third largest liner carrier said Monday it had first-half operating profits of $104 million, aided by a $392 million operating profit in the second quarter. The line also saw large increases in revenue and volume.
Third party logistics services provider UTi Worldwide has appointed Richard G. Rodick to executive vice president of finance and chief financial officer, effective Oct. 1. Rodick succeeds Lawrence R. Samuels, who will assist him during the transition. Since 2007, Rodick has served as senior vice president of finance for Broadridge Financial Solutions, […]
Ceres has released an online questionnaire to help companies assess supply chain sustainability. The “Supplier Self-Assessment Questionnaire (SAQ): Building the Foundation for Sustainable Supply Chains” was originally designed for the industrial goods sector, but Ceres said its recommendations around strengthening supply chain engagement can be applied to most other industries. The goal […]
R.R. Donnelley & Sons has broadened its growing logistics services through the acquisition of outbound mailing service provider Express Postal Options International. Express Postal currently provides outbound services to pharmaceutical, e-commerce, financial services, information technology, catalog, direct mail, and other business industries. Thomas J. Quinlan III, R.R. Donnelley’s president and chief executive […]
APM Terminals said it’s acquiring 37.5 percent of the public company Global Ports for $862.5 million, thereby entering the Russian market in a strategic partnership with the leading Russian transportation group, N-Trans. By buying the stake in Global Ports, APMT becomes an equal controlling partner in the leading operator of container terminals in Russia. […]
DB Schenker Logistics has launched a new set of online offerings for tracking air and ocean cargo. The company’s customers can now access a quick search feature, special filters and references that customize information, and create an automatic notification service. Those using its DB SCHENKERsmartbox service also get access to ocean freight container […]
The Grand Alliance and Zim will cut capacity on the transpacific lane to the U.S. East Coast from early October by merging two existing loops they jointly operate. The carriers will merge their SCE and SCE2 loops into one service from Oct. 8, with the combined loop to have a rotation of Busan, […]
C.H. Robinson, a tier-one global logistics provider based in Eden Prairie, Minn., said Thursday it has reached agreement to buy Polish freight forwarder Apreo Logistics. Apreo of Warsaw provides a wide variety of trucking services, warehousing and air and ocean service. The five-year-old company serves more than 2,000 customers with more than 300 employees […]
American Shipper has reported on many of the surcharges by liner carriers in the last few days. A side-by-side comparison can be found in a useful chart that lists all the surcharges by carrier, equipment and start date.
