The liner carrier OOCL said Friday its first half container volumes rose 6.1 percent over the same period in 2011, to nearly 2.6 million TEUs. Revenue in that period rose 5 percent to $2.9 billion.
Ocean freight forwarders are finding themselves squeezed by stagnant or falling volumes and yet at the same time higher freight rates, something the analyst Transport Intelligence has described as a “lose-lose situation” in its latest report on the sector, Global Freight Forwarding 2012. Meanwhile air cargo forwarders have been hit by a “double whammy” […]
The carrier has consolidated its Middle East-to-East Africa services by terminating its Dar Express service while simultaneously extending its Masiika Express loop to include a call at Dar es Salaam, Tanzania.
Industrial Destiny, an 8,000-deadweight-ton vessel, will sail for Paita on July 20. Other regular port calls on the service include Esmeraldas and Guayaquil in Ecuador, Peru’s Callao, and Puerto Angamos, Chile.
Bruce N. Scholnick, who led the National Wooden Pallet and Container Association (NWPCA) as its president and chief executive officer for 12 years, defended industry on state and federal regulatory matters.
OOCL Chief Executive Officer Andy Tung has been elected to the World Shipping Council (WSC) board to replace the seat left vacant by the retirement of his predecessor, Philip Chow. Other WSC board members include Thomas Crowley Jr., Crowley Maritime Corp.; Rafi Danieli, Zim Integrated Shipping Services; Morten Englestoft, Maersk Line; Ottmar Gast, Hamburg […]
Artist Rendition The Port of Redwood City in South San Francisco Bay said it expects construction to begin soon on a project to modernize two wharves. The port commission has awarded a $13.9 million contract for the job to Manson Construction Co. The commission approved and the city council ratified private placement […]
Raleigh, N.C.-based logistics company Longistics said its global division, Longistics International, has signed an agreement to operate Foreign Trade Zone 93 for another five years with the Triangle J Council of Governments, the grantee of FTZ 93. Longistics International has operated the Research Triangle FTZ 93, adjacent to RDU International Airport in Raleigh, […]
CTL Global has opened up a new 134,000-square-foot warehouse Bensenville, Ill., that will serve as the headquarters for its last-mile delivery division, Continental Transportation Solutions. The company said the new space will facilitate growth of the division and will be an integral link in Blue Package Delivery’s mail consolidation services which it offers to […]
APM Terminals, which made a proposal in May to operate the facilities of the Virginia Port Authority under the state’s Public-Private Transportation Act, said it welcomes the state’s decision to extend the time in which competing bids can be made. “Since the announcement by the Commonwealth of the receipt of our proposal and […]
Brightpoint said that it had entered into a logistic services agreement with Fitbit, a manufacturer of fitness and health devices. Indianapolis-based Brightpoint will provide these services to Fitbit in both North America and Europe, including receiving, warehousing, inventory and order management, kitting, transportation management, order fulfillment and reverse logistics.
The state of Virginia has decided to give companies that are interested putting forth alternatives to APM Terminal’s proposal to operate the terminals of the Virginia Port Authority in a public private partnership more time. APM Terminals submitted its proposal on May 23, and Virginia’s transportation secretary invited alternative proposals to be submitted by Thursday, July […]
The report will detail the availability of 20-, 40-, and 40-foot high cube “dry” containers at 18 locations around the country, as well as 20- and 40-foot refrigerated containers for both the current week and project availability for the next two weeks.
When the conversation around cloud services really gets going, cost always comes up as a major concern. The technology isn’t old enough for many to have a handle on the future cost savings or loss compared to other licensing and on-site models, and for most systems you’ll encounter you can find people on […]
The Produce Marketing Association’s Supply Chain Efficiencies Committee has developed a new guide specifically for fresh produce companies around how to implement electronic data exchange (EDI). EDIs are systems used to share and send electronic data and documents between companies and are often used for providing documents to customs brokerage firms and for […]
Agency officials reiterated the project’s feasibility study is now projected to be finalized in less than four years instead of five to eight years, which would allow work to be completed by the end of the decade.
The French line will provide two of 10 vessels on the service, with Maersk providing the other eight on a loop that will essentially replace Maersk’s existing FEW3 service. The vessels will be in the range of 4,000- to 4,500-TEUs.
The U.S. railroad industry will hire more than 5,000 military veterans this year, the Association of American Railroads announced Tuesday, furthering a White House effort to help discharged soldiers, sailors and airmen find jobs in the private sector.
U.S. import container volume rose 4.4 percent year-on-year in June, according to figures from the trade intelligence firm Zepol Corp. Import volume rose 4.7 percent in the second quarter of 2012, compared to the same period in 2011. Volume, however, dropped 3.7 percent from May. “Last year saw a comparable trend […]
Columbus, Ohio-based AirNet Cargo Charter Services, a small package express cargo airline, has announced it will begin accepting customer shipments that contain both GPS and environmental sensor tracking devices. These devices, classified as personal electronic devices (PEDs), combine GPS and environmental sensors that can provide real-time location and condition information, such as temperature, […]
