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, […]
The port and city of Oakland are organizing the $1 billion project, which will include an intermodal yard to serve marine terminals operated by Ports America and the logistics park. The first phase of construction is estimated to cost nearly $500 million.
Trimble Navigation has agreed to buy the privately-held logistics software provider TMW Systems for $335 million in cash. TMW develops enterprise software for transportation and logistics companies that use its platform as a control tower.
McLane Logistics Technology (MLT) has entered an agreement to resell AYATA’s analytics software. MLT is a global logistics, information technology, and training services company that is prominent in the distribution, government, and defense industries. AYATA has developed a Prescriptive Analytics software package, part of its overall Big Data Analytics platform, that gives customers access to […]
Non-vessel-operating common carrier CaroTrans has appointed Lueder Bitter to national import operations manager and John Lourmas as national commercial manager of imports. Bitter is a 30-year veteran of the NVO industry in Rotterdam, Hamburg and Los Angeles. He was previously CaroTrans’ Los Angeles branch manager for 12 years. Lourmas joined CaroTrans in […]
The U.S. Transportation Department will give a $17.8 million grant to reconstruct two major taxiways at McCarran International Airport in Las Vegas. The Federal Aviation Administration Airport Improvement Program (AIP) grant will allow for the rehabilitation of 5,000 feet of Taxiway E, which runs parallel to and between the airport’s north-south runways. It […]
By Chris Gillis Maybe it’s a sign of the times, but today’s American shippers appear to be much better informed and prepared to work around potential breakdowns in their supply chains — even those created by labor disruptions. This is certainly the case with the potential for a dockworkers’ strike on the […]
By Tom Nightingale, president of sales and marketing, ModusLink Global Solutions This month many of you will travel to the Council of Supply Chain Management Professionals’ annual global conference in Atlanta to network, explore new supply chain technologies and take advantage of the insight and knowledge of industry experts from around the world…
Greenpack of Puerto Rico appealed a U.S. District Court’s dismissal of its claim for damages resulting from a delayed delivery of perishable food items from Puerto Limón, Costa Rica to San Juan, Puerto Rico. The District Court in Puerto Rico last year dismissed the complaint as time-barred by the statute of limitations in […]
LTL operator’s focus on expansion and profitability stems from a simple ethos. By Eric Johnson In the less-than-truckload market, Old Dominion Freight Line has become a darling of analysts. There’s good reason — the company has grown responsibly and profitability in the past decade and is able to squeeze more value from […]
Do derivatives have the potential to change the way the ocean freight market functions? By Eric Johnson Late June in San Francisco, and the scene was a bit strange, as if a hodgepodge of exporters from around the United States had accidentally stumbled into a time warp and ended up at a financial […]
