Individual member carriers of the CKYH Alliance will skip four sailings on three separate Asia-Europe services over the next month in an effort to rationalize capacity, CKYH member COSCO Container Lines said this week. The carriers will drop the July 25 and Aug. 15 sailings of their NE4 service to Northern Europe, the […]
Port Everglades, a major facility for container, petroleum and cruise ships in South Florida, has lured Michael Vanderbeek from the Port of Long Beach to be its director of business development. Vanderbeek replaces Carlos Buqueras, who left the Fort Lauderdale port in December to become the port director at Port Manatee, near Tampa, spokeswoman […]
A Maersk Line/Hamburg Sud service linking the U.S. East Coast with ports in Australia and New Zealand will switch calls from Savannah to Charleston in September, according to a note from the German line. The 10-ship service will have a revised rotation of Philadelphia, Charleston, Cartagena, Balboa, Auckland, Sydney, Melbourne, Port Chalmers, Timaru, […]
Calgary, Alberta Canada-based GeoMetrix Rail Logistics Inc. is launching a new version of its railcar fleet management software that promises faster shipment tracking and easier cross-continental customer access. The company is currently hosting a workshop for the launch for customers and industry partners in North America. The update, called GeoMetrix Version 13, […]
DHL on Thursday opened its biggest express hub in Asia, a $175 million facility at the Shanghai Pudong International Airport. The company said it also plans to spend another $132 million to add eight dedicated planes to service high-demand routes between Shanghai and North Asia, Europe and the United States by 2014. The […]
Wednesday’s news story about May figures for U.S. imports and exports incorrectly stated that exports were $182.7 billion. That was the value of April exports. In May, exports totaled $183.1 billion.
Russia has until July 23 to notify the WTO that it has ratified and accepted the terms for its membership. Thirty days after Russia notifies the WTO that it accepts these terms, the country will become the organization’s 156th member.
Liner companies in the Asia-to-U.S. trade are seeking to raise dry cargo container rates by an average of $500 per 40-foot container (FEU), in addition to recommending increases to refrigerated cargo rates of $1,000 per FEU to the U.S. West Coast.
When President Obama visited the New York World Trade Center last month, the Port Authority of New York and New Jersey inconvenienced thousands of commuters and annoyed New York Mayor Michael Bloomberg by shutting down service on its PATH commuter railroad for hours. The Russians are doing New York one better – planning […]
The Federation of National Associations of Ship Brokers and Agents (FONASBA) said it’s giving its “full backing to international government and industry efforts aimed at ensuring that shipping containers for export are accurately weighed.” “Ship agents see the problems which inaccurately weighed containers cause ports and ships every day. It is extremely worrying […]
The network being bought was developed jointly by TransCard and U.S. Xpress, the nation’s second-largest privately owned truckload carrier. U.S. Xpress will become the biggest client of the new system.
The U.S. trade deficit narrowed in May by $1.9 billion to $48.7 billion as exports increased and imports decreased from April, according to the Commerce Department.
Technicolor, a multimedia and entertainment company, has expanded its third party logistics services and initiated a rebranding under the new name Technicolor Global Logistics (TGL). Technicolor is building on its existing success around direct-to-retail distribution and freight management to broaden its reach into new market segments like toys, electronics, recreational products, consumer packaged goods, […]
Retailers are urging the International Longshoremen’s Association and employers to reach a labor agreement well in advance of Sept. 30 when their current contract expires, saying a disruption to the flow of goods would be “devastating.” Sandy Kennedy, president of the Retail Industry Leaders Association (RILA), said in a letter to Harold Daggett, head […]
Pasha Hawaii has begun offering container service between San Diego and Hawaii. The Honolulu Advertiser said Wednesday that the first shipment of containers arrived in Honolulu last week. The containers are being carried on the company’s ship Jean Anne, which has been providing roll-on/roll-off service since 2005. Pasha’s Website says it’s […]
Non-vessel-operating common carrier Troy Container Line has entered an agency partnership with Cargolines in Europe. The partnership comes just a year after Troy initiated its direct service to France. “This new relationship will improve services on this trade lane for our company’s European clients. We look forward to serving additional customers on […]
New York-based Eagle Bulk Shipping has promoted Adir Katzav, previously director of financial reporting, to chief financial officer. Katzav succeeds Alan S. Ginsberg, who is leaving the company in mid-August. Prior to joining Eagle, Katzav worked at PricewaterhouseCoopers in both the United States and overseas. Eagle is an owner of Supramax dry-bulk vessels […]
Jagged Peak, a provider of e-commerce solutions and outbound supply chain services, has expanded its same-day order delivery service for its e-commerce clients. The company will also run the service through its FlexNet fulfillment network in Canada. The company said in the first week of its new service, one consumer packaged goods […]
A fleet of about 27,000 road trailers previously owned by the Transport International Pool, Inc. (TIP) subsidiary of General Electric Capital Corp. was acquired Tuesday by Wood Creek Capital Management, Bowman Sales and Equipment, and Milestone Trailer Leasing. The acquisition includes all of TIP’s remaining U.S.-based trailers. The majority of the trailers […]
The liner carrier said it will begin accepting credit cards as a form of payment to cover demurrage charges to help customers expedite the release of their cargo in U.S. locations.
