Mediterranean Shipping Co. said Thursday it plans to hike U.S. export rates to Georgia in two stages over the coming weeks. The line will raise rates by $150 per TEU on both Sept. 1 and Oct. 1 “in order to maintain the high level of service.” The ports in Georgia affected by […]
Air Canada has selected CHEP Aerospace Solutions to supply and manage its fleet of cargo equipment, known in the airline industry as unit load devices (ULDs). CHEP will acquire Air Canada’s existing fleet of more than 8,000 containers and pallets and integrate them into its shared ULD fleet over time, taking CHEP’s total […]
FedEx Trade Networks, the freight forwarding arm of FedEx Corp., has started operations in Glasgow, Scotland, as part of its ongoing expansion initiative. This is the third FedEx Trade Networks office to open in the United Kingdom and will offer customers increased access to major global markets and the company’s range of forwarding […]
U.S. Customs officers at the ports of Los Angeles and Long Beach seized within the past three weeks five shipments containing 20,457 pairs of counterfeit ladies shoes intended to mimic those made by French designer Christian Louboutin. The manufacturer’s suggested retail price of the shoes is $18 million, but the fakes were only worth $57,490, […]
The Singapore site will follow the model of an IBM living lab, allowing the company to develop and test new analytics tools. The work will also cover risk management, alert systems, and responses to supply or location volatility.
Cindy Allen is leaving her role as executive director of CBP’s ACE Business Office on Sept. 15, and has accepted a position as head of DHL Global Forwarding’s customs brokerage division in the United States.
Transplace, a provider of transportation management and logistics services, has entered a partnership with LLamasoft, a supply chain solutions designer. Through the partnership, Transplace will provide LLamasoft with benchmarking data and services based on its access to inbound and outbound rates. LLamasoft will provide Transplace with network optimization software. Customers will benefit from the […]
Getloaded, an Internet-based logistics freight matching site, is now integrating its software with McLeod Software and Infinity Software Solutions, two large transportation technology players. “We want to make using Getloaded easier than ever for our members, and integration partnerships such as these will do that,” said Fergus Caldicott, general manager at Getloaded, in […]
The shipowner of a stricken Mediterranean Shipping Co.-operated container vessel said Wednesday the ship has yet to enter a safe port in Europe to allow salvors to begin trying to save the vessel.
Al Stanley, president and CEO of Intermarine, said the company had chosen to merge with Scan-Trans because it had a similar focus and little overlap in operations, leaving the combined companies with “a pristine balance sheet.”
Port of Houston Authority commissioners voted to not go ahead with a plan to build a marsh of up to 411 acres in Galveston Bay with dredge spoils from the Bayport Ship Channel at a meeting Wednesday. Instead, the port plans to use existing disposal areas east of the bay on Atkinson Island. […]
Container volume at the Southern California continued on their divergent paths in July, with throughput growing in Los Angeles and declining in Long Beach. Total volume at Los Angeles grew 5.5 percent year-on-year in July to 726,375 TEUs. Loaded inbound volume rose nearly 4 percent to 371,859 TEUs, while outbound volume was flat, […]
Liner schedule reliability and on-time container delivery rates both improved in July, according to the latest research from SeaIntel Maritime Analysis and INTTRA. Global vessel reliability increased from 81 percent in June to 83 percent in July, while timely delivery of containers improved from 64 percent in June to 68 percent, the companies […]
The Port of Virginia continued its container growth in July, setting a monthly record for the third straight month, the port authority said Wednesday. The port handled 180,384 TEUs in July, an 8 percent increase from July 2011. Year-to-date, the port has handled nearly 1.2 million TEUs, an increase of 5.8 percent from the […]
Container volume at the deepwater Port of Nansha complex in the western Pearl River Delta declined in July, as the port was affected by poor economic conditions and bad weather, the Guangzhou Port Group said. Volume fell 6.8 percent year-on-year to 746,000 TEUs, though for year-to-date, volume is still 15.5 percent higher in […]
Ethiopian Airlines on Wednesday received its first U.S. Export-Import Bank-supported Boeing 787 Dreamliner at a ribbon-cutting ceremony in the main terminal of Washington Dulles International Airport. Earlier in May, the bank approved a loan guarantee of more than $1 billion to Ethiopian Airlines for the export of a new fleet of 787 Dreamliners. […]
The liner carrier MOL on Wednesday released its latest North American key performance metrics for July, as well as its quarterly on-time vessel arrival figures. Among 11 metrics MOL publishes, the carrier improved on three, worsened on two and held steady on the others from June. Improvements came on U.S.-to-Asia export missed vessel […]
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 […]
