The state legislature Thursday, frustrated by the lack of a federal funding for deepening the Port of Charleston’s main navigation channel, set aside an additional $120 million to complete the project without federal help.
The Jacksonville Port Authority’s board has elected Stephen D. Busey as chairman, beginning July 1. Busey takes over from Reginald L. Gaffney, who will continue to serve as a Jaxport board member. Busey is chairman of the Jacksonville law firm Smith Hulsey & Busey. He also serves on the boards of several community non-profit […]
Science Applications International Corp. (SAIC) will provide logistics support to the U.S. Air Force under a new 31-month, $36 million contract under the Air Force Space and Missile Systems Center – Space Logistics Directorate. The logistics deal will cover consolidated logistics management support for the Air Force Space Command in Colorado Springs, Colo. […]
Green Street Ads, a global branding agency, released a new Web-based tool called GeoBrand that allows customers to create branded, custom global maps to show assets and pathways for things like supply chain operations, service and sales centers, warehouses, and inventory. The maps can be shared as dynamic sales and planning tools supported […]
Elsewhere in this magazine you can read about how the top publicly-traded liner carriers collectively lost nearly $6 billion in 2011.
Delta Air Lines made news this spring by buying an oil refinery to give it more control of its fuel supply. In a June 6 interview on National Public Radio’s “All Things Considered,” Chief Executive Officer Richard Anderson said more companies will follow Delta’s lead and move upstream in the fuel supply chain as a way […]
Non-vessel-operating common carriers faced a higher degree of ocean freight rate hikes in May than beneficial cargo owners (BCOs) who booked directly with ocean carriers, according to research from American Shipper. The results of American Shipper’s latest Transpacific Pulse survey, released in early June, reported that 76 percent of shippers who indicated their […]
Global trade management systems (GTM) were originally designed to address how goods crossed borders and required large shipment quantities to be worth the cost, but these restrictions have slowly been torn down thanks to Internet-based technologies, allowing vendors to target midsized players with expansive GTM offerings.
By Walter Kemmsies, chief economist, Moffatt & Nichol It’s time to review forecasts for economic and trade trends for 2012 published in December 2011…
Hohner, the world-famous manufacturer of harmonicas and other musical instruments, still makes many of its mouth harps at its factory in Trossingen, Germany
Some companies leave compliance with trade regulations to chance, studies say. By Eric Kulisch Companies engaged in international trade are concerned about shipments falling victim to customs enforcement at the border, but many frequently fail to take adequate steps to mitigate compliance risk, cut corners or simply ignore the rules, according to three […]
By Chris Gillis The dismal financial results in the container shipping industry may have started with the liner carriers, but it certainly doesn’t stop there. Only two of the 15 carriers analyzed by American Shipper in this year’s “Who’s Making Money” were profitable in 2011. These carriers lost a collective $5.9 billion […]
By Alan Spear TAPA Americas’ chairman and U.S. director of cargo security loss control for Chartis The management of risk extends from the predictable, such as life expectancy, to the less predictable, such as catastrophe…
The revenues of the world’s leading listed transport and logistics companies flattened in 2011, according to a new report by London-based researcher and consultant Transport Intelligence (Ti).
APM Terminals said Thursday it plans to open a new regional headquarters in Singapore in September as its business in the Asia-Pacific region continues to grow. The terminal operators currently operates in the region completely out of Shanghai, with the move intended to free up the Shanghai office to concentrate on China and […]
This month we summarize two decisions involving cargo needing temperature control. Sompo Japan brought an insurance subrogation claim seeking damages
Privatized terminal operations could change dynamic of Hampton Roads. By Chris Dupin APM Terminals (APMT), a subsidiary of the A.P. Moller-Maersk group, made an offer in late May under Virginia’s Public-Private Transportation Act to operate the Virginia Port Authority’s facilities in Hampton Roads, as well as at inland locations. APMT said […]
But economic growth may come from unexpected places. By Eric Kulisch World trade is being reoriented as emerging markets become the epicenter of global economic activity, but a prominent investor says the so-called BRIC nations (Brazil, Russia, India and China) are losing economic steam and will be supplanted by Indonesia, Turkey, the Philippines and […]
Obama expected to submit regulatory analysis to Senate for advice and consent this summer. By Chris Dupin Adetailed analysis of the Rotterdam Rules, a proposed international treaty to achieve cargo liability reform for multimodal maritime cargo, could be transmitted by President Obama to the Senate for its advice and consent later this […]
As more employees begin bringing their own smartphones, laptops, and tablets to work both in the office and in the field, headaches and costs for an organization are likely to rise. The practice of staff using their own phones is becoming known as bring-your-own-device (BYOD). Some 73 percent of information technology directors surveyed by […]
