Cheetah Software Systems and Efreightsolutions have paired up to offer an integrated logistics intelligence solution. The two will combine Cheetah’s logistics platform with Efreightsolutions’ transportation management system (TMS) to present a solution for moving products based on a number of variables. Cheetah said the service will provide an integrated workflow to automate […]
The NOL Group, parent company of APL and APL Logistics, on Thursday named former PricewaterhouseCoopers Singapore Deputy Chairman Quek See Tiat to its board. The Singapore-based transportation and logistics company said the appointment takes effect Sept. 1. Quek will serve as a member of the board’s audit and enterprise risk management committees. Quek, 58, […]
The U.S. Export-Import Bank on Wednesday opened a new regional export finance center in Atlanta as part of its Global Access program to promote small business exports. This is the second opening of four planned regional export finance centers this year by Ex-Im Bank. Minneapolis received the first office in late July. The remaining […]
José Viegas, a Portuguese national, has become secretary general of the Organization for Economic Cooperation and Development’s International Transport Forum. The forum is an intergovernmental organization with 54 member countries that acts as a strategic think tank for global transport policy and organizes an annual summit of transport ministers. It’s housed by the […]
American Shipper’s second annual study focused on you, the supply chain practitioner. This report, co-produced with The Georgia Institute of Technology’s EMIL-SCS Executive Master’s Program and the Council of Supply Chain Management Professionals (CSCMP), is designed to give an overview on the roles, responsibilities, and compensation of supply chain professionals over the past two years. […]
The investment firm said Tuesday that it has submitted a proposal to Virginia as an alternative to the offer APM Terminals made in May to operate the state’s three marine terminals in Hampton Roads and inland port in Front Royal.
Maersk Line said this week it is suspending a service it operates between the U.S. Gulf Coast and Central America due to low rate levels. The line will pull its standalone Expreso service from Sept. 17. The service has a rotation of Houston, New Orleans, Santo Tomas de Castilla, Puerto Cortes, Manzanillo (Panama), […]
Evergreen is operating the service in response to increasing market demand for feeder space. It said “recent political and economic reforms have attracted significant amounts of foreign investment to the country.”
Cathay Pacific and sister airline Dragonair saw July air freight volume plummet 10.5 percent year-on-year. The two airlines carried 125,343 tons of cargo last month, with their combined load factor down by 1.9 percentage points to 64.7 percent. Capacity decreased by 11.4 percent. For the year to date, tonnage has declined 9.9 percent […]
“Contrary to popular belief, low-cost imports do not necessarily drive down the prices of U.S. consumer goods,” the AIER said. “What does affect prices is the rate of growth in the money supply.”
COSCO Container Lines said Tuesday it plans to raise rates on the eastbound Europe-Asia trade in September. The increase, $150 per TEU and $300 per FEU, is applicable to Northern European, Mediterranean, and North African origins and all Asian destinations, including the Indian Subcontinent. The line will begin implementing the increase from Sept. […]
Two shipping companies that specialize in moving project and heavylift cargo – Houston-based Intermarine and Denmark’s Scan-Trans Holding -announced Wednesday that they are merging. The combined companies will operate under the Intermarine name and have a fleet of more than 50 multipurpose and heavylift vessels with lifting capacities of up to 800 metric […]
The initial phase of the demonstration program is currently limited to the air cargo mode and will run through December 2013. Filers only need to submit about half the information required on the standard customs entry.
Tideworks Technology, a developer of full-service terminal management and planning software, has announced that Vale New Caledonia (Vale NC), at Prony Port in New Caledonia, and GIE Nouméa Port, also in New Caledonia, have gone live with the company’s terminal operating system (TOS). Tideworks said it has successfully implemented the TOS at both […]
“If an index on container rates might prove useful to exporters of agricultural products, such an index should be created by private interests and not an agency of the federal government, especially a regulatory agency like the FMC,” NIT League said.
Virginia Transportation Secretary Connaughton said “we are now in the process of reviewing the proposals to determine whether the documents satisfy the minimum submission criteria set out in the request for alternative proposals.”
Import cargo volume at the nation’s major retail container ports is expected to increase 6.3 percent in August, compared with the same month in 2011, according to the latest monthly Global Port Tracker report released Monday by the National Retail Federation and Hackett Associates. The report forecasts container volume growth for 2012 of […]
In its updated release of the Kewill Flagship version 5.2, global trade and shipping logistics service provider Kewill has launched a new module that will enable shippers of all sizes and geographies to onboard new carriers and services with increased flexibility and speed. Kewill’s new Universal Carrier Module (UCM) is designed to provide […]
The trade intelligence firm Zepol Corp. said Monday it has developed a new database that allows users to see companies that export from the United States, along with the products they send and countries of the world where the shipments are headed. The database, which Zepol calls TradeIQ Export, houses U.S. export bills […]
U.S. Customs and Border Protection announced that it’s indefinitely postponing its C-TPAT conference that had been scheduled for the fourth week of September because of scheduling and logistics challenges. The agency previously moved its popular Trade Symposium from late September to Oct. 29-30. Registration for the East Coast version of the Trade Symposium is […]
