Domestic intermodal volume grew 12.5 percent year-on-year in the second quarter of 2012, according to the Intermodal Association of North America’s Intermodal Market Trends & Statistics report, released today. Volume during the quarter reached nearly 1.4 million units, and nearly matched the 14.9 percent growth seen in the first quarter. “Growth at […]
A Zim Asia-Mediterranean service has added an eastbound call at Da Chan Bay, one of the terminal complexes that make up the Port of Shenzhen. Zim’s standalone EMX service will now call Da Chan Bay in both directions, Da Chan Bay officials said Tuesday. The service has a revised rotation of Busan, […]
A newspaper in Costa Rica reports a court in that country turned aside challenges to plans by APM Terminals to build a $1 billion port in Moin. The Tico Times report said a Costa Rican administrative court “rejected two simultaneous lawsuits filed by the National Banana Workers Chamber and the Atlantic Port Authority […]
The U.S. Transportation Department on Monday awarded a $17.6 million grant to rehabilitate an aging runway and taxiway at Cincinnati/Northern Kentucky International Airport. “This funding will help the airport make critical repairs to aging infrastructure and keep aircraft moving safely and efficiently through Cincinnati,” said U.S. Transportation Secretary Ray LaHood, in a statement. […]
Air France KLM on Tuesday said its air cargo volume fell 5.5 percent year-on-year in July, while capacity dropped 2.5 percent. The airline said its load factor fell 2.5 percent from July 2011 to 61.6 percent, and that its revenue (as measured in available ton-kilometers) was lower than in July 2011 when removing […]
XPO Logistics has announced financial results for the second quarter of 2012, including total revenue of $54.5 million for the quarter, a 23.7 percent increase from the same period last year. The company had a net loss of $5.2 million for the quarter, and reported a second quarter net loss available to common […]
Vision Industries Corp. and Cargotec USA have agreed to cooperate on a zero-emission terminal tractor demonstration project for the Technology Advancement Program (TAP). TAP is a clean-air initiative sponsored by the twin ports of Los Angeles and Long Beach. The project will demonstrate the value of deploying zero-emission hydrogen fuel cell-electric hybrid […]
National Retail Systems (NRS), a provider of logistics services to U.S. retailers, pharmaceutical companies and consumer goods manufacturers, has entered an agreement with I.D. Systems’ Asset Intelligence subsidiary to use its VeriWise Track and Trace asset system. NRS President and Chief Operating Officer Raymond Wisniewski said his company hauls more than a billion pounds […]
Privately held Cardinal Logistics Management said Monday it has been acquired for an undisclosed amount by private equity firm Centerbridge Partners L.P., which also is the primary owner of Greatwide Logistics Services. Cardinal is a 15-year-old company based in Concord, N.C., that began as a domestic, dedicated contract trucking company delivering products to stores, […]
Fidelity Comtech has completed the installation of its Phocus Array 802.11 wireless radio frequency (RF) solution at the Port of Tacoma’s Washington United Terminals (WUT). The system will improve Wi-Fi communications at WUT’s 103-acre terminal and intermodal yard located on the Blair Waterway. WUT, a subsidiary of South Korean-based liner carrier Hyundai Merchant […]
U.S. Customs and Border Protection has postponed its East Coast Trade Symposium until Oct. 29-30 to maximize participation. The event, to be held in Washington, was previously scheduled for Sept. 27-28.
The guitar maker on Monday entered into a criminal enforcement agreement to resolve a U.S. investigation into allegations that it illegally imported ebony wood from Madagascar and rosewood and ebony from India.
A group of business leaders led Secretary of State Hillary Clinton and the U.S. Chamber of Commerce is in South Africa for three days to explore investment opportunities. The group, which includes senior executives from Boeing, Electro-Motive Diesel Inc. (the diesel-electric locomotive manufacturing subsidiary of Caterpillar), FedEx Express, Walmart and General Electric, participated Monday […]
Worldwide Flight Services (WFS) has appointed Jay B. Shelat to senior vice president of cargo terminal services in North America. He will be based in Dallas. Shelat was formerly vice president of cargo at Jet Airways, a company he joined in 2007. Prior to this, he spent 12 years with American Airlines […]
Software manufacturer Oracle has acquired network virtualization provider Xsigo Systems in an effort to boost its cloud capabilities. Xsigo, based in San Jose, Calif., provides a system that connects to almost any network and provides customers with a way to adjust and increase performance operations while reducing costs through virtualizing services. The company’s […]
The value of goods and services exported from the United States during the first five months of the year increased 5.6 percent from the same period in 2011. Overseas shipments of goods climbed 6.3 percent.
Tosca Ltd., a provider of reusable container pooling and logistics services to the food supply chain, has acquired the reusable plastic container division of Georgia-Pacific (GP RPC). “The acquisition of GP RPC allows Tosca to expand its available services to its customers, including food and beverage processors, produce growers, grocery retailers and foodservice […]
According to a recent survey of over-the-road carriers by the advisory firm Transport Capital Partners, three quarters of trucking companies believe their costs per driver to adhere to new CSA standards will be more than $500.
The German line will introduce and revise its low-sulfur fuel charge, effective Sept. 3, for its transatlantic services to account for an emissions control area (ECA) off the coast of North America that went into effect on Aug. 1.
Totem Ocean Trailer Express (TOTE) said it will convert its two “Orca class” trailer ships to run on liquefied natural gas to make them “among the cleanest in the world.” TOTE says in an article in its company magazine that engineering, design and installation of new engine kits and construction of an LNG […]
