A box on board a “K” Line containership is likely the cause of an explosion over the weekend near India’s largest port complex, with the 20 crew members on the ship uninjured by the blast. Visible flames were reported on the 4,380-TEU Amsterdam Bridge, which is currently at anchor outside the Nhava Sheva port […]
Data2Logistics is planning to narrow its focus to infuse its system with up-to-date, market-based information and cost-saving freight bill auditing actions in the hope of benefiting shippers. The global freight bill processing, auditing, and cost-reduction advisor said combining these services will benefit both inbound and outbound shippers, whether they operate domestically or internationally, […]
Shippers should carefully read surcharge notices issued by container lines in the past two weeks in response to a potential longshoremen’s strike and port closure on the East and Gulf coasts to understand them, an FMC official said.
Demand Management has announced a new Sales & Operations Planning (S&OP) module that will integrate these functions with its existing demand forecasting and requirements planning services. Demand Management, a global provider of supply chain management tools, said the new module will be part of its existing DSX supply chain software and will meet […]
The carrier will raise rates to $900 per 20-foot container and $1,000 per 40-foot container on its U.S. inland-haulage import (IHI) services applicable from Los Angeles and Long Beach on Oct. 7.
Import cargo volume at major U.S. retail container ports is expected to increase 8.5 percent in September compared with the same month last year, with strong increases expected into the holiday season.
The headquarters of the freight forwarder and logistics company Damco will move from Copenhagen, Denmark, to The Hague in the Netherlands in the first quarter of 2013, the company said Tuesday. Damco, a unit of the A.P. Moller-Maersk Group, will join sister company APM Terminals in the Dutch city, and away from the location of […]
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, […]
