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 […]
Consolidators International, Inc. has appointed Ronen Donde to president. “In his 10 years at CII, Ronen has played a key role in the growth and development of our company. His appointment to the presidency is richly deserved,” said CII Chief Executive Officer Julian Keeling, in a statement. Donde worked briefly at Pilot Air Freight […]
InterChez Logistics Systems, a global logistics, translation, and consulting company, has appointed Carlos Fuentes to vice president of corporate and governmental affairs. Prior to joining InterChez, Fuentes was a consultant for finance and procurement strategies at the U.S. Commerce Department’s Minority Business Development group. He also services as chairman of the Northeast Ohio […]
Axida, multi-channel sales order and fulfillment service provider that operates in the United Kingdom and United States, has launched a new version of its HDi application that manages complex home deliveries where the products or services require customers to be present at the time of delivery. The new version, called HDi SME, aims to […]
Tarrytown, N.Y.-based Carrier Logistics Inc. (CLI) has launched an improved version of its dock management system (DMS) and is leveraging the service as a series of cost-effective modules covering services like reweigh integration, misload prevention, dimension capture, item-level tracking, and automated document generation. Ken Weinberg, CLI co-founder and vice president, said customers have […]
A panel of shippers at the annual Agriculture Transportation Coalition meeting in San Francisco Thursday described the issues facing their businesses in a session intended to broach subjects outside of rates.
The U.S. Congress on Thursday agreed to advance legislation making updates and improvements to the African Growth and Opportunity Act (AGOA), America’s trade preference program for sub-Saharan Africa, and a U.S. free trade agreement with a handful of Central America countries and the Dominican Republic (CAFTA-DR). “If our trade partnerships with Africa and Central […]
SC Johnson will begin construction on two wind turbines, which will put renewable electric power into the manufacturing of its popular cleaning products, such as Windex, Glade, Pledge, and Scrubbing Bubbles.
Two giant shipments of project cargo are moving through the state of Maryland during the last two weeks of June. On Thursday, the Chinese vessel Zhen Hua delivered four super post-Panamax container cranes to the Seagirt Terminal in the Port of Baltimore. The highly choreographed trip up the Chesapeake Bay required the temporary closure […]
Yildirim Group plans to acquire an additional 10 percent interest in CMA CGM this year by investing another $250 million in the French container shipping company. Yildirim, which is based in Istanbul, purchased a 20 percent interest in CMA CGM in 2010 for $500 million and had an option to acquire an additional 10 percent for […]
Bryson President Obama has accepted the resignation of Commerce Secretary John Bryson after 10 days on medical leave for a seizure suffered in the Los Angeles area, the White House said in a statement Thursday. Bryson said the seizure could distract from his ability to perform his job, according to a letter to Commerce […]
The Corps of Engineers highlighted a “lack of post-Panamax capacity at U.S. Gulf and South Atlantic ports – the very regions geographically positioned to potentially be most impacted by the expected changes in the world fleet.”
The U.S. stevedoring company will acquire a 10 percent stake in Yang Ming’s Kao Mong Container Terminal (KMCT) in Kaohsiung. The deal marks the firm’s first foray outside North America.
The ocean carrier Hapag-Lloyd has added a fourth vessel to its weekly U.S. Gulf and Mexico to Central America, north coast South America, and the Caribbean GCS service and increased roundtrip voyage time from 21 days to 28 days. Transit times southbound from the United States and Mexico to Central America on the […]
