The freight forwarder and logistics services provider Damco has appointed Steve Hoffman as global head for the company’s industrial vertical. Hoffman will be responsible for developing the global strategy for Damco’s customers within the areas of industrial manufacturing. Hoffman has more than 30 years of industry experience in operations, business development and […]
The Chilean division of German pharmaceutical giant Bayer Healthcare has selected global third party logistics provider Kuehne+Nagel to manage logistics activities in country, including warehousing, laboratory testing for imports, quality control, repackaging and labeling and distribution. K+N, the second largest freight forwarder in the world, said it will handle all of Bayer’s products as […]
IBM will acquire Kenexa Corp. for about $1.3 billion to enter the Web-applications market and compete with Oracle and SAP, adding another campaign to the information technology services arms race.
The Royal Bank of Scotland said it will use Trade Technologies’ global trade management (GTM) software to receive online presentations of trade documents from exporters. Trade Technologies, which provides international trade documentation services, said its GTM will automate the process of delivering original UCP 600 compliant letters of credit via the Internet to […]
The agency has made several improvements to its Compliance Safety Accountability (CSA) enforcement program that will allow it to more quickly identify and address high-risk trucking companies with compliance concerns.
The German liner carriers Hapag-Lloyd and Hamburg Sud said this week they have initiated a slot-swap agreement on the trade between the U.S. Gulf Coast, Central America and the east coast of South America. Hapag-Lloyd will take slots on Hamburg Sud’s SAEC service, while Hamburg Sud will do the same on Hapag-Lloyd’s GS1 service. […]
Ocean freight transportation activities came to a halt late yesterday in several U.S. Gulf coast ports as Tropical Storm Isaac bears down on the Louisiana coast, taking aim at New Orleans seven years after Hurricane Katrina ravaged the city. Forecasters said Isaac could gain strength during the day and become a hurricane, with New […]
“Spot rates have moved considerably lower, while contract rates have held steady or continued to move up albeit at a slower rate than experienced earlier this year or last year,” investment bank Stifel Nicolaus found in a survey.
OOCL has joined a growing group of liner carriers seeking to raise rates on the westbound Asia-Europe trade. The Hong Kong-based line said Monday it will hike rates by $250 per TEU from Sept. 10. The increase is applicable to shipments from the Far East (including Japan), the Indian Subcontinent, and the Middle […]
The maritime services provider Inchcape Shipping Services (ISS) has opened a new office in Dutch Harbor, Alaska. “The opening of this office will give ISS a much needed presence in this area of Alaska,” said Tod Gannett, Inchcape’s vice president for the U.S. and Canada West Coast and Hawaii. “This will allow us […]
ProSight Specialty Insurance has launched a specialty insurance program for third party logistics customers that will be distributed through Artex Risk Solutions and the Leavitt Group (Pridemark Everest Insurance Services). ProSight focuses on niche insurance markets that require differentiated underwriting and claims practice and expertise, and the company said it chose partners here […]
A news report in Monday’s AS Daily misstated that the MSC Flaminia, a vessel pulled from service due to a fire, was on Mediterranean Shipping Co.’s North Atlantic service. The vessel was formerly part of MSC’s South Atlantic service. Also, according to MSC, there has been no reduction in vessel size on its North […]
With the peak holiday shipping season kicking into high gear, the nation’s largest trade association for retailers on Monday urged negotiators for the ILA and their employers return to the bargaining table…
Welcome to the eighth instalment of American Shipper’s yearlong countdown of the top 12 non-vessel-operating common carriers for U.S. inbound containerized cargo. Using data provided to American Shipper by the trade intelligence firm Zepol Corp., we’ll take a closer look at each of these companies in terms of where their cargo originates, where […]
The dockworker’s union said Friday it has received “expressions of support and vows of solidarity from other unions across the country and around the world,” following last week’s breakdown in contract talks with employers.
Barloworld Logistics is setting its sights on the Middle East for future growth of its contract logistics services, noting the region is expected to achieve a sustained 6.9 percent compound annual growth rate (CAGR) from 2011 to 2015, according to Transport Intelligence. Barloworld said it will focus its attention on Qatar, Saudi Arabia, […]
The liner carrier Mediterranean Shipping Co. said Monday it plans to hike Asia-to-Canada rates on Sept. 15. The increases are $520 per 20-foot container, $650 per 40-foot container, and $731 per 40-foot high-cube container. Separately, MSC said it has suspended its assessment of a strike surcharge on shipments from United States to […]
DHL Global Forwarding has started two new India-oriented less-than-containerload (LCL) services, the company said Monday. The new services are offered from the Nhava Sheva port complex near Mumbai to Gothenburg, Sweden, and from the United Kingdom to Nhava Sheva. The Nhava Sheva complex is India’s busiest container gateway. DHL said the India-Sweden service […]
The ports of Miami, Port Everglades in Fort Lauderdale, and Palm Beach were ordered closed to incoming and outgoing vessel traffic through at least noon on Monday due to the approaching tropical storm. Cargo operations are also suspended.
The four liner carrier members of the CKYH-Green Alliance said Monday they will cut one of five current loops between Asia and Europe in mid-October. The reduction in the number of services is a seasonal adjustment in capacity for the winter period, when cargo demand typically dips. The alliance members – COSCO Container Lines, […]
