U.S. exports to China are growing, despite a $295 billion trade deficit with the Asian manufacturing power, according to a new report by the U.S.-China Business Council breaks down that growth by congressional district. But the report also shows that the U.S. is losing ground to other countries in terms of market share […]
Thermo King, a maker of transportation temperature control products, has launched a new trailer temperature control platform aimed at providing “double-digit fuel savings, best-in-class performance, and lower life cycle costs,” while also complying to regulations for trailer owners and operators. The products, dubbed Precedent, will be rolled out this year. In early […]
Web commerce giant signals intent to adjust to changing logistics dynamics with significant expansion of U.S. fulfillment facilities, as it continues on growth path following strong second quarter revenue
Industry-wide container vessel schedule reliability improved to a new record high of 75.7 percent in the second quarter of 2012, according to Drewry Maritime Research’s quarterly Carrier Performance Insight report. The latest score represents a 3.4 percent improvement from the reliability level seen in the first quarter of 2012. Ship arrival reliability improved […]
Federal, state, and local politicians highlight benefits for Philadelphia of dredging Delaware River, with a proposed terminal expansion based on increasing channel depth from 40 to 45 feet
A major typhoon slammed into eastern China Wednesday, causing flooding and evacuations in the country’s financial hub of Shanghai and wreaking havoc with air and ocean cargo. Typhoon Haikui made landfall south of Shanghai, in Zhejiang Province, with winds nearing 90 mph, forcing the evacuation of 1.5 million people in the region. Zhejiang Province […]
Maritime analyst SeaIntel uses container delivery metrics from partner INTTRA and analysis from Transparency International to correlate on-time shipment delivery patterns with corruption levels
The container equipment fleet grew by 8.5 percent during 2011, despite demand significantly tailing off from the second quarter through the rest of the year, according to a new report from Drewry Maritime Research. The report, Container Census 2012 – Survey and Forecast of Global Container Units, projects that up to 70 percent […]
Logistics software and rate management software developer Catapult International said Tuesday it has won a long-term contract with global non-vessel operating common carrier Ecu International to provide a cloud-based technology system for the global ocean consolidation services company. Antwerp-based Ecu-Line will use Catapult’s rate and quotation management system, where employees and customers are able to […]
After postponing new canal transit fee announcement, Panama authority sets new toll structures for next two years to provide pricing stability, while also setting up different rate levels for 10 categories of ships
The Port of Baltimore set a new record for cargo tonnage in the first half of the year, handling 4.8 million tons of general cargo, such as containers, autos, forest products and roll on/roll off equipment. The port’s previous best was 4.7 million tons in the first half of 2008. The new record is also […]
Accellos, a provider of supply chain execution software solutions, has upgraded its AccellosOne end-to-end Warehouse Management System (WMS) with enhancements aimed at increasing productivity, efficiency, and visibility around warehouse and distribution operations. The company said its WMS can integrate with ERP systems from companies like Microsoft, SAP, Sage and Infor, and will provide a quick […]
The liner carrier APL sustained first half operating losses of $239 million, a huge fall from the $61 million in losses in incurred in the first half of 2011, according to Singapore-based parent company NOL. APL’s first half revenue increased 1 percent year-on-year, to $4 billion, while container volume rose 4 percent, to 3 million […]
The cross-border parcel logistics company Landmark Global has expanded its international delivery solution to cover all countries around the globe. The company said the offering extends its reach but will still come with existing services like track and trace of parcels, pre-paid customs clearance, and returns logistics. Landmark said that the new product will blend international postal […]
The Grand and New World alliances of liner shipping companies have added a 10th vessel to their joint weekly EUM service between Asia, the Mediterranean and the Middle East, increasing roundtrip voyage time from 63 days to 70 days, according to American Shipper affiliate ComPair Data. Transit times eastbound from the Mediterranean to South Korea and […]
CDC Software and Consona Corp, both enterprise application software (EAS) providers, have merged to form Aptean. The combined Aptean organization will now cover more than 9,000 customers, 1,500 employees, and a global network of sales and support operations. Both companies provides EAS in on-premise and cloud flavors “This merger supports our business model and […]
Retailer to build 20-story turbine to provide 15 to 20 percent of electricity needed at Northern California distribution center, another move by the company to meet its 100 percent renewable energy goal
It recommends “bringing predictability, accountability, and a larger view to the (port) commission’s governing structure by specifying clear appointment terms and term limits,” and adding a governor-appointed board member.
M-O will carry freight across the Canada/U.S. border, while U.S. Xpress will be responsible for Mexico/U.S. border crossings. The border crossings served through the partnership are Buffalo/Niagara and Detroit/Windsor.
The liner carrier CMA CGM said Tuesday it plans to raise U.S. refrigerated export rates from early October. The line said the “significant rate increase” is required “as costs of bunker fuel, logistics and (maintenance and repair) continue to rise to record levels and to close the gap between break even and market rates.” […]
