Maersk Line is seeing the fruits of its long-range plans to invest heavily in emerging growth markets like West Africa, according to an article in this month’s issue of the company’s internal magazine, Maersk Post. “Generally speaking, everything is on the rise,” Maersk’s line manager for West Africa Sonny Dahl said the article. “Due […]
Fujitsu Frontech North America, a manufacturer of kiosks and self-checkout systems, has selected Cincom Systems’ Cincom Acquire to improve its configuration, quotes, and logistics processes for its kiosk operations. Kevin Judd, Fujitsu Frontech’s director of self-order technology, said the complexity of its offerings – both the devices themselves and what they can store […]
He replaces Neel Shah, who recently stepped down from the position. Charaf, a 16-year veteran of the airline including four years as head of Delta Cargo, will maintain his current role as president of the airline’s technical operations.
The U.S. Export-Import Bank has authorized a $32.1 million loan guarantee to Wind Power Energia S.A. of Sao Paulo, Brazil, to buy wind turbine blades manufactured by LM Wind Power Blades in Little Rock, Ark. Ex-Im Bank’s financing, which guarantees a Bank of America loan, will support about 250 U.S. jobs at the […]
Scandinavian freight forwarder Martin Bencher Group has opened an office in Long Beach, Calif. The office will be managed by Steve Jurica, former operations manager of the firm’s Houston office. Jurica joined the company in 2010 when the Houston office was opened.
This is the first phase of the Singapore-based container carrier’s plan to withdraw from chassis provisioning throughout the United States. In the future, it said motor carriers will provide chassis as part of their drayage services.
FEC is operating a single train to deliver aggregate from a quarry near Miami every morning on a dedicated rail spur specially built for the project and is expected to add a second train every evening by Aug. 13 or sooner.
The lawsuit, in which ABF claimed subsidiaries of YRC Worldwide and the Teamsters violated the National Master Freight Agreement, was dismissed by Judge Susan Webber Wright of the U.S. District Court for the Western District of Arkansas.
The Jones Act container carrier Horizon Lines said it had a net loss of $46 million in the second quarter, compared to a loss of $5.4 million in the second quarter of 2011 period. About $16.1 million of the loss in the most recent quarter was from discontinued operations and $29.9 million from continuing […]
The express carrier hopes the wearable devices will speed up the time to load packages into vehicles. The technology is also aimed at getting package updates into the system faster.
CEVA Logistics reported a loss of 72 million euros ($88.5 million) in the second quarter of 2012, compared to a loss of 41 million euros in the same 2011 period. CEVA said it had revenue of 1.81 billion euros in the second quarter, 5.5 percent more than the 1.71 billion euros in the same 2011 […]
Xata Corp., a provider of fleet optimization software, said its Xata Turnpike fleet management software is now integrated with TMW Systems’ TMWSuite of transportation management software. The companies said they hoped the integration will improve efficiency, productivity, and convenience for drivers and fleet managers by automating various functions throughout the load-planning and back-end […]
Matson, Inc., which includes the liner carrier Matson Navigation Co. as well as Matson Logistics, saw first half revenue climb 7.5 percent year-on-year to $760.3 million. The company’s liner business had revenue of $579 million in the first half, 12.9 percent higher than in the first half of 2011. Liner operating profit grew […]
The less-than-truckload carrier Old Dominion Freight Line said Thursday it had a record second quarter and first half 2012 revenue and operating margin. The carrier saw operating profit in the second quarter rise 27.8 percent year-on-year to $82.6 million on a 12.8 increase in revenue to $541.5 million. Net income in the quarter […]
Crowley Liner Services pleaded guilty and was sentenced to pay a $17 million criminal fine for its role in a conspiracy to fix prices in the trade between the U.S. mainland and Puerto Rico, the U.S. Justice Department said. According to a one-count felony charge filed in the U.S. District Court for the […]
Maersk Line, Ltd. (MLL) said Thursday it has completed the acquisition of 3PSC, a privately-held company that operates ships for the U.S. Navy. Based in Cape Canaveral, Fla., 3PSC has contracts to operate six “Pathfinder Class” T-AGS oceanographic ships for the Navy and one vessel currently under construction by VT Halter Marine. It also operates two […]
Oxfam, one of the United Kingdom’s larger charity retailers, is replacing major purchasing and supply chain systems to focus on a supply of new products. The chain also wants to better track and report the products donated to its 690 shops, both to know what it has available and to keep better financials […]
HSBC Bank said Thursday it has agreed to sell its shipbrokering consultancy arm, HSBC Shipping Services Ltd., to the division’s management team, according to a report by Reuters. The report noted HSBC has been pulling back from unprofitable business units as part of three-year recovery plan, having sold 28 businesses. HSBC Shipping Services […]
Caterpillar Inc. said it completed the sale of a 65 percent stake in its Caterpillar Logistics Services business to Platinum Equity in a deal valued at about $750 million. Caterpillar Logistics Services is the third party logistics division of Caterpillar’s subsidiary, Caterpillar Logistics Inc. Platinum intends to establish the business as a standalone company […]
Swissport International, a provider of ground services to airlines, has secured two additional cargo customers at Amsterdam Schiphol Airport. Starting this month, Swissport Cargo Services will begin handling freight for Air China’s daily Boeing 747-400 freighters into and out of Amsterdam, and will also handle the trucked freight movements at Schiphol for Turkish […]
