Car carrier investigation widens
An antitrust investigation of five car carriers that started in Japan Thursday has been expanded to include requests for information by government authorities in the United States, Canada, and Europe.
An antitrust investigation of five car carriers that started in Japan Thursday has been expanded to include requests for information by government authorities in the United States, Canada, and Europe.
Former long-time APL executive Robert Sappio has been named president and CEO of Rickmers Americas. He joins the Germany-based carrier from Alvarez & Marsal Business Consulting in San Francisco.
Financial services firm Hancock Holding Co. has appointed Deborah Conrad to vice president. Conrad, who spent most of her 35 years in international banking with the U.S. Export-Import Bank, will provide Hancock’s Whitney Bank and Hancock Bank financial guidance for businesses looking to access federal export finance assistance. She joined Whitney and […]
The Georgia port handled a record 2.98 million TEUs in the fiscal year which ended June 30, but faces increased competition from nearby Charleston. Savannah plans to hold the lead by deepening its harbor channel for bigger ships.
Navis, which provides software to about a quarter of the world’s container terminals, sees the future of its service space and operations heavily invested in the cloud. “We’ve been looking at the cloud for quite a long time. It’s just a matter of when the industry and our customers are ready, and on that […]
Tata Communications has been selected to deliver WAN (Wide Area Network) connectivity to more than 150 Cargotec sites in 50 countries across Europe, Asia, the Middle East, Africa, and the Americas. Tata owns and operates one of the largest subsea fiber optic cable networks which connects to countries representing 99.7% of the world’s GDP. […]
To skip sailing positions from Asia in October, the ocean carrier Maersk Line has added an additional vessel to two of its three weekly services between Asia and West Africa, increasing roundtrip voyage time by one week on each loop. The carrier added a 13th vessel to its FEW2 loop, further increasing roundtrip voyage time from […]
Astea International has launched a new cloud-based service tailored to the needs of small and midsized businesses. Astea’s new ServiceVision platform provides subscription-based cloud services that allow companies to manage their customers, equipment, contracts, and warranties; advanced scheduling; parts and logistics management; work order management; analytics; and mobility services that operate in connected […]
After nearly seven months on a 10-week rotation, the ocean carrier Maersk Line has added an 11th vessel to its weekly Asia-Europe loop AE9, further increasing roundtrip voyage time from 70 days to 77 days in order to skip a sailing position from North Europe in September. Transit times eastbound from Europe to Asia on […]
Qualcomm has released the latest edition of its Trailer Tracks 210 (TT210), which provides information on the location and status of trailers to enhance planning, productivity, and security. For power, the TT210 device comes with an embedded solar charging system that’s designed to preserve the equipment’s uptime as well as extending battery life. Currently […]
The International Longshoremen’s Association and U.S. Maritime Alliance (USMX) have agreed to resume negotiations during the week of Sept. 17 at the request of a federal mediator.
Descartes Systems Group has released its latest quarterly report stating it reached record revenue of $30.5 million. This morning, Descartes announced financial results for its fiscal 2013 second quarter, ended July 31. The company’s quarterly revenues rose 6 percent from the year before, $28.8 million to $30.5 million, and also bested its prior quarter […]
With a federal mediator now tapped, the New York Shipping Association’s head is more hopeful that talks between the ILA and USMX may lead to a new master contract and not disruption to U.S. East and Gulf coast port operations.
Kirby Corp., the nation’s largest domestic tank barge operator, said it has entered into an agreement to purchase the assets of Allied Transportation Co., a subsidiary of Allied Marine Industries, and two affiliated companies. Allied is an operator of offshore barges and tugboats participating in the coastal transportation of petrochemicals, as well as […]
The ocean carrier has converted its North Europe and Mediterranean-to-West Africa WAF6 service into an exclusive West Africa feeder based on Maersk’s West-Mediterranean hubs in Tangiers, Morocco and Algeciras, Spain.
Australia’s ANL Lines, part of the CMA CGM group, has notified customers of a pending surcharge of $1,000 for a standard 40-foot container, if a strike or other labor disruption takes place by dockworkers at U.S. East Coast and Gulf ports.
The service, which is now offered at 14 origin ports in Asia, provides delivery in North America on a predetermined date. APL Logistics said its APLGuaranteed service for full containerloads will also be offered from Jakarta.
The leased container fleet grew by 10.6 percent in 2011 and is expected to expand another 9.5 percent in 2012, according to Drewry Maritime Research’s latest Container Leasing Industry report. The report highlights the way container lessors have picked up the slack of financially-strapped container lines in providing new boxes for the ever-increasing global […]
The liner carrier Mediterranean Shipping Co. said Wednesday it will raise bunker fees and some rates on the transatlantic trade from Oct. 1. The bunker rates to Northern Europe will be: $290 per TEU from the U.S. and Canadian west coast. $265 per TEU from the U.S. and Canadian east coast, and the Caribbean. […]
UPS formally notified the U.S. Securities and Exchange Commission that it is extending the Aug. 31 deadline until Nov. 9 for shareholders of TNT Express to accept its offer to buy their shares and take control of the Dutch express delivery company. The Atlanta-based company first announced the postponement on Aug. 22. Earlier […]