Logistics companies’ margins remain thin
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).
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 […]
The container carrier Maersk Line has started a new Website aimed at its refrigerated container customers. The site, www.maersklinereefer.com, includes a customer guide to reefer shipping, case studies, and suggestions from Maersk’s panel of experts in the field. In recent times, Maersk has set up several micro-sites to target specific sets of customers. […]
To North American railroads, sand is sand. However, to Halliburton and other firms involved in the oil and gas industry’s new wave of hydraulic fracturing, there’s no such thing
Halliburton turns freight transport, compliance into “selling point” in company. By Chris Gillis In the highly competitive world of oil and gas, brand recognition and the ability to deliver goods and services quickly and reliably are sacred. Not to mention, there are the tens of billions of dollars in shipments moving internationally at […]
OnRamp Transportation Services, a nationwide equipment leasing, sales, and contractor services company based in Salt Lake City, Utah, has promoted Spencer Angerbauer to president. Angerbauer is a 14-year industry veteran. He previously served as president of EQUINOX Owner-Operator Solutions, a subsidiary of OnRamp that markets technology-driven business services to independent contractors and owner-operators […]
W elcome to our fourth annual transportation procurement benchmark report. American Shipper, in partnership with the Council of Supply Chain Management Professionals (CSCMP) and the Retail Industry Leaders Association (RILA), surveyed roughly 275 transportation buyers and sellers on procurement practices, processes, technologies and results. Winners. Each American Shipper benchmarking study seeks to highlight best […]
In 1862 the eyes of the nation were focused on Hampton Roads when the Civil War ironclads Monitor and Merrimac battled. One hundred and fifty years later we are waiting to see if the harbor becomes a battleground over port privatization or labor-management relations. APM Terminals, sister company to Maersk Line, made […]
On Deck with Bob Sappio We have recently witnessed one of the most rapidly changing earnings cycles in the history of the container shipping industry, and it’s not over yet. Carriers in the container trade piled up record losses in 2009 of over $20 billion. That was followed by a very profitable turnaround in […]
The Dremel is a pretty useful hand-held rotary tool available typically at your local hardware store. It turns out it’s also pretty useful for describing just how ridiculously global supply chains have become. Dremel is a company founded in Racine, Wis., and now part of Germany’s Bosch Tool Corp. Looking at […]
Wheels Group Inc. has announced that Doug Tozer, Phil Tabbiner, Gordon Feeney, J.R. Kingsley Ward, John Stevens, and Greg Cochrane were elected as directors of the company at its annual and special meeting of shareholders held on June 21. Feeney will serve as the group’s lead director. He is a corporate director of the Davis […]
MavenWire, a provider of consulting, hosting, training, and application development in the global trade management (GTM) and Oracle systems space, has made two acqusitions to boost its Oracle-based offerings. The acquisitions include Singapore-based Integration Pte Ltd. and Enterprise Integration Pty Ltd. of Australia, collectively known as EII APAC. MavenWire said the companies will boost its […]
AgTC Executive Director Peter Friedmann said in the letter that additional time is needed to survey his membership. The comment period is due to expire July 8, but the AgTC is requesting a postponement until Aug. 8.
The United States on Wednesday asked the World Trade Organization to establish a dispute settlement panel to decide U.S. claims regarding China’s export restraints on rare earths, tungsten and molybdenum. The European Union and Japan have also requested similar WTO panels. “These materials are key inputs in a multitude of U.S. manufacturing […]
For big importers, customs experts are often the “go-to” staff for international trade answers. By Eric Kulisch Large companies differ in how they structure their trade compliance functions, but the best ones at leveraging regulations to their advantage tend to maintain in-house expertise for customs issues, invest in global trade management systems and have […]