Epec Biofuels Holdings, which has developed an ethanol industry integration platform, has completed its first supply chain partner agreement with BioDimensions Delta BioRenewables (BDBR) of Memphis, Tenn., to help push its Ethanol 2.0 standard toward further adoption. BDBR produces industrial sugar feedstocks that Epec views as a cornerstone to the future of ethanol. […]
FedEx Corp. said Tuesday it has completed the acquisition of Tatex, a French business-to-business express transportation company. The company said the purchase “represents the latest step in the company’s strategy to sustainably grow in Europe.” It said the acquisition will give FedEx access to a nationwide domestic ground network which carries 19 […]
“Shippers, manufacturers and transportation companies must remain aware of the increased security risks during the upcoming holiday weekend,” said Dan Burges of FreightWatch International.
Klaus-Michael Kuehne, honorary chairman of forwarder Kuehne+Nagel and the largest investor in the container carrier Hapag-Lloyd, believes the other leading German container carrier, Hamburg Süd, would be an ideal merger partner for Hapag-Lloyd. Kuehne floated the idea of a combination of the two carriers in an interview with Germany’s Wirtschaftswoche magazine. Kuehne said […]
Phil Cowan has returned to shipping accountant and consultant Moore Stephens as head of corporate finance. He was most recently group chief financial officer of V.Group Ltd. and chairman of V.Ships Capital. He was responsible for a number of V.Ships’ acquisitions and led the V.Ships’ team that managed the sale of V.Group to […]
R2 Logistics, a third-party logistics services provider, has opened a new branch in Dallas, its fourth location in the United States. The branch is currently headed up by the company’s vice president of sales, Ben Jordan, and manager Zach Nadaud. The company will bring in at least six employees to the location this year. […]
Evergreen has finalized a long-mooted order for 10 13,800-TEU ships. The vessels will be built by Hyundai Heavy Industries and delivered from the second half of 2013 through the second half of 2014.
Alabama scored a major economic coup when Europe’s Airbus announced Monday that it plans to erect a $600 million plant outside Mobile and hire 1,000 workers to build narrow-body planes from the A320 family. The Toulouse, France aerospace company said it entered the home turf of its rival, Boeing, to get closer to its customers. […]
ChemLogix, a provider of chemical industry transportation management, technology, and supply chain consulting services, has promoted Ed Hildebrandt to senior vice president of business development. “Ed has been with ChemLogix since our beginning and his contributions have helped make us into the successful company we are today. His contributions will be key in […]
Inchcape Shipping Services has set up a new regional team for its Europe and North Africa operations. ISS recently reduced its world operation from eight regions to four, including a separate office for Japan. The Europe and North Africa operations team is the first of the four regional teams to be announced. […]
Horizon Lines, a U.S. domestic ocean shipping company, was recognized by the Chamber of Shipping of America (CSA) for its safety record, as well as for the rescue earlier this year of three stranded sailors by the Horizon Reliance. CSA recently presented six Horizon Lines vessels and their crews with the 2011 Jones F. […]
The legislation’s passage comes after Republican and Democratic negotiators used creative accounting within the federal budget to shore up a projected gap of several billion dollars in the Highway Trust Fund.
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has created a new Website to provide importers with information about the commodity import approval process for plants and plant products and give them the opportunity to consult with the agency on risk assessments as they are being drafted. “We are doing this […]
Cargotec has purchased the automation technology of Australia’s Asciano, one of that nation’s largest rail freight and port operators. The company will also take on 23 employees from Asciano. Cargotec said the purchase was a strategic step for its existing automation services for ports and terminals. From the deal, Olli Isotalo, Cargotec’s […]
Fargo Systems, based in Exeter and Colchester, United Kingdom, will extend its systems to include bulk road haulage services around tankers and waste transport operations. Fargo added rail freight transportation to its TOPS multimodal shipment management software last month, and has just updated the software again to version 3.8, which now supports the tanker, […]
The order comes on top of an early FedEx annoumcement to buy 27 new B767s for delivery between fiscal 2014 and 2018. It also plans to purchase another 24 B777s to add to the 19 long-range B777 planes it operates today.
A judge in Longview, Wash., declared a mistrial Friday after six jurors could not reach a verdict in a trial involving Robert McEllrath, president of the International Longshore and Warehouse Union. McEllrath was charged with a misdemeanor after 300 union members and their supporters blocked a train last September during protests over plans to […]
About 500 people work in the NOL building, with the company saying a decision to relocate them or keep them in the existing building as a tenant will wait until a buyer is identified. NOL has retained the commercial real estate firm Jones Lang LaSalle.
Matson, Inc. said its stock began trading on the New York Stock Exchange today under the ticker symbol MATX, following the separation of Alexander & Baldwin Holdings, Inc. into two companies. Matson will carry on its shipping and logistics operations, while Alexander & Baldwin has taken over the company’s agriculture and real estate businesses. […]
Canadian Pacific Railway named Hunter Harrison president, chief executive officer, and a member of its board of directors. Until Dec. 31, 2009, he had served as head of competing railroad Canadian National.
