The free white paper examines the causes of recent container freight rate volatility and how index-linked contracts can help mitigate the impacts of such instability. It also explains how these new contracting arrangements work.
The Port of Long Beach said Monday it has launched a nationwide search to fill its deputy executive director post, which has been vacant since its former occupant, Christopher Lytle was promoted to executive director in January. The Southern California port said it’s seeking “a strong and experienced senior-level executive” to support the […]
The liner carrier Hamburg Süd said Tuesday it has set an objective to reduce its CO2 emissions from owned and chartered container vessels by 26 percent. The line is targeting the reduction by 2020, and said it would seek to reach the goal by investing in more energy-efficient ships, chartering in cleaner vessels, […]
DB Schenker Rail has stepped up its transport of Scottish whisky from the United Kingdom to its rail depot in Wroclaw, Poland. The whisky is transport from central Scotland to Barking in London. There intermodal containers are transshipped to the weekly London-Wroclaw service, which travels to mainland Europe via the High Speed 1 rail route […]
The U.S. Grains Council has named Thomas N. Sleight as president and chief executive officer. He replaces Thomas C. Dorr, who is retiring. Sleight initially joined the council in 1983 and has served in various roles both in Washington and overseas. After leaving for stints with other agricultural groups, he returned to the council […]
Contingency planning for a potential work stoppage at U.S. East and Gulf coast ports in the event of failed labor talks is extremely difficult for shippers because the cost of routing cargo to other parts of the country may be prohibitively…
James Helis has been named superintendent of the U.S. Merchant Marine Academy at Kings Point, N.Y. Helis, a retired colonel in the U.S. Army, will take the top job at the school next month. A 30-year Army veteran, he has been chairman of the Department of National Security and Strategy at the U.S. Army War […]
Baltimore-based customs broker and freight forwarder Samuel Shapiro & Co. has promoted Kathy McKoy to regional manager of the Mid-Atlantic region. McKoy, who joined Shapiro in 1998, most recently served as Baltimore branch manager. In addition to Baltimore, Shapiro has branch offices in Charleston, S.C.; Dulles, Va.; Philadelphia; Atlanta; and Rosedale, N.Y.
Metalcraft, a Mason City, Iowa-based company that specializes in nameplates and labels including those with barcodes and radio frequency identification device tags, has expanded its sales organization and device support to meet customer demands around ID services. Starting in July, Julia Deets will serve as the company’s vice president of sales and marketing, while Marianne […]
An industry group wants Sen. Susan Collins to postpone filing legislation that would codify an air cargo security program being tested by CBP for pre-screening shipments before loading on an aircraft at a foreign airport.
IBM has announced new software that automatically correlates and analyzes large amounts of data, generating analysis on internal data in a matter of seconds, and also measures the impact of social networking channels and factors this into its decision-making and analysis suggestions. IBM said this represents a new class of decision management software […]
The international shipping organization BIMCO said Monday it has named Ret. Vice Adm. Brian Salerno as its new U.S. liaison officer. Salerno recently retired from the U.S. Coast Guard as its deputy commandant for operations in headquarters. He will join BIMCO on Aug. 1. Salerno took up his final Coast Guard appointment in May […]
Quick Transport Solutions, Inc. (QuickTSI) has announced a load board service that allows users to post loads and find both loads and trucks, as well as looking up carrier profiles. The company said the goal is to facilitate matching trucks and loads around minimizing load times. QuickTSI’s Preet Kahlon said, “One of […]
Kurt Nagle, AAPA’s president and CEO, said his organization “will continue to advocate for a permanent authorization of a TIGER program, and urge that 25 percent of future TIGER grants be provided for seaport related infrastructure.”
Weak eastbound demand for space on transatlantic containerships and a spike in capacity are the reason for Hapag-Lloyd discontinuing its Atlantic Express Shuttle (AES) service, not the relatively small size of the ships in the service, said Wolfgang Freese, president of Hapag-Lloyd America. Hapag-Lloyd said last week that next month it will discontinue […]
Derivatives are gradually gaining traction in global container markets, providing shippers and carriers a way to hedge against volatile freight rate movements on tempestuous east-west trades.
Intermarine, an ocean carrier that specializes in project and heavy lift cargo, said that Alfred “Al” J.V. Stanley has joined the company as president and CEO. He will take the place of Andre Grikitis, who becomes operating chairman.
The National Retail Federation (NRF) has chosen Tom Litchford to serve as its vice president of retail technologies, beginning in July. Litchford will head NRF’s Association for Retail Technology Standards (ARTS) and its CIO Council, and he will be responsible for developing and maintaining programs and technology relationships both domestically and internationally. Litchford […]
Singapore Airlines Cargo and China Cargo Airlines said Monday they will operate joint freighter services between Singapore and Shanghai from June 26. The airlines will operate three services weekly between two of Asia’s biggest cargo hubs – two operated with China Cargo’s MD-11 freighters and one with Singapore Cargo’s Boeing 747-400 freighters. […]
The liner carrier Zim Integrated Shipping Services said Monday it will issue a new bill of lading form as it attempts to increase the security of shipping documents. The new bill of lading is printed on special paper and incorporates advanced measures designed for prevention and fast identification of forgery, similar to methods […]
