“The June 2012 average weekly intermodal volume of 249,006 units is the highest average for any June on record and the third highest for any month, behind August and October 2006,” said the Association of American Railroads.
The ocean carrier Maersk Line has added a sixth vessel to its weekly Horn of Africa service between Southeast Asia and the Middle East and East Africa, increasing roundtrip voyage time from 35 days to 42 days. Transit times in both directions on the service have been increased by a few days, now […]
The liner carrier CMA CGM said Thursday it’s interested in investing in a terminal at the Port of Adbijan in the Ivory Coast. The carrier, however, said any investment it makes would be part of a consortium. “During a visit by CMA CGM senior executives to Abidjan, Ivory Coast, the group expressed to […]
GM called it “one of the largest logistics agreements in the European automotive industry to date” and said it would allow it to reduce costs and focus its internal resources more on core automotive business.
The ocean carrier Maersk Line has once again added a 12th vessel to its weekly FEW2 service between Asia and West Africa, increasing roundtrip voyage time from 77 days to 84 days. Transit times eastbound from West Africa to Asia on the FEW2 have increased by about seven days as vessels slow steam […]
Epes Logistics, a subsidary of Epes Carriers, has acquired Archdale, N.C.-based freight brokerage Meredith Transport Inc. (MTI). Epes said the move will help it branch into new markets. Epes Logistics offers flatbed and over-dimensional shipments, expedited shipping, intermodal, and warehousing services, while MTI specialized in truckload, less-than-truckload, specialty shipping, and international freight brokerage […]
The introduction of composite materials to replace metal components in trucks has resulted in UPS improving its fuel efficiency by 40 percent, the company said in a statement. UPS plans to purchase 150 plastic-laden vehicles after testing five CV-23 composite prototypes. It tested five CV-23s during a year-long pilot program to determine their […]
The Japanese Shipowners’ Association said a decision by the Panama Canal Authority (ACP) to delay planned toll hike for three months does not go far enough. In a letter, JSA said the relief “is very marginal and does very little to obviate the cost penalties to the shipping industry which will apply if the […]
Canadian National Railway said Thursday that it plans further improvements along its tracks leading to the Port of Prince Rupert to handle growing freight volumes. CN said it will construct five extended sidings on its British Columbia North Line this year to handle growing volumes between Prince Rupert and Edmonton, Canada. In 2011, […]
The Port of Tanjung Pelepas (PTP) is investing 1.4 billion Malaysian Ringgit ($441 million) over the next three years to accommodate larger ships, according to an article in the Malaysia Star newspaper. The article, which was reproduced on the port’s official Website, said the port will invest in new cranes, electrifying existing rubber-tire […]
The Memphis, Tenn.-based company said this is the latest step in an overall strategy for growth in Latin America and the Caribbean. It first announced the intent for acquire Rapidão Cometa at the end of May.
Celadon Trucking Services, a subsidiary of Celadon Group, will buy a portion of the operating equipment of Huntington, Ind.-based Hiner Transport. Terms and conditions of the deal were not disclosed. “As with previous acquisitions, the Hiner deal provides quality customer gains, incremental density in key traffic lanes, and access to an experienced […]
John Bryson has been absolved of any wrong doing in a series of odd hit-and-run accidents last month in Southern California that led to his resignation, according to multiple news accounts.
The U.S. military’s Africa Command (Africom) is making good on efforts to assist African country partners in developing logistics and security-related capabilities. In specific, Africom is setting up logistics reporting structures that it hopes will soon be applied to aircraft, vehicles, and troops, but said meanwhile can be applied to other government operations such as customs declarations, […]
The U.S. Transportation Command (Transcom) has announced Universal Service Contracts that it estimates could be worth about $6 billion to 22 U.S.-flag shipping companies over a three-year period. They are indefinite-delivery/indefinite-quantity fixed-price contracts for both international ocean transportation and intermodal distribution services. The Maritime Administration of the U.S. Department of Transportation asked carriers to offer per-unit prices (for […]
The U.S. Commerce Department portal, loaded with news, advice, tutorials and information about programs across the federal government, is designed to help companies get started exporting or expand their activity.
Hapag-Lloyd said Thursday it plans to assess a peak season surcharge for all cargoes and all container types from the Far East to Northern Europe from Aug. 1 through Sept. 30. The surcharge, $350 per TEU, applies to all Far East origin points, including Southeast Asia, with the exception of Japan. The […]
The Toll Group said Thursday it has sold the Australian interstate linehaul and warehousing operations of its Toll Refrigerated business to Automotive Holdings Group Ltd., owners of Rand Refrigerated Logistics, for $6.5 million. Toll Refrigerated had revenues of about $75 million and made a small operating loss in the financial year to June 30, […]
The global logistics services company Panalpina said Wednesday it has opened four logistics competence centers to provide support to its branch offices throughout the world. The centers, in Prague, Singapore, Buenos Aires, and New Jersey, are intended to support local teams from pre-sales through implementation to continuous improvement. The centers focus on best […]
U.S.-flag shipping advocates are expressing alarm over a provision in the surface transportation bill passed by Congress last week that they say could result in a third less food aid cargo being transported on U.S.-flag vessels.
