MOL said it will scrap or put into cold lay-up 10 to 20 capesize dry bulk ships because of worsening market trends. The company scrapped four vessels and temporarily laid up 10 others last year. Until now, the company said it had scrapped capesize ships that were 23 years or older, but […]
The Virginia Port Authority on Tuesday reported a 12.6 percent gain in container volume and a 59 percent increase in breakbulk tonnage in May compared to the prior year. The Port of Virginia handled 178,584 TEUs in May, while year-to-date throughput has increased 4.3 percent, to 826,297 TEUs. Breakbulk tonnage was […]
The ocean carrier “K” Line and dry bulk charter company Noble Chartering Inc. (NCI) have entered into a joint venture agreement to operate several Cape-size bulk carriers beginning in July. The venture, to be called K Noble Hong Kong Ltd., is an extension of an existing partnership between the companies in which they’ve […]
Trimble, a provider of advanced positioning solutions, has acquired privately-held GEOTrac Systems, a provider of wireless fleet management and safety services for the oil and gas industry. GEOTrac will be added to Trimble’s PeopleNet offering, extending its reach into the oil and gas sector. PeopleNet builds cloud and integrated computing and mobile communications and fleet […]
Maersk-Rickmers U.S. Flag Project Carrier said its heavylift ship Maersk Illinois was the first U.S.-flag ship to load cargo for an overseas destination in Milwaukee in more than 30 years. The cargo of rope shovels is destined to Siberia.
Bryson U.S. Commerce Secretary John Bryson is taking a medical leave of absence after Obama administration officials on Monday said he suffered a seizure while driving Saturday in California and slamming into two cars. Bryson was charged with felony hit-and-run for one accident in Los Angeles County. A few minutes later he hit a […]
The U.S. ocean transportation regulatory system should be harmonized with that of Canada “to the extent practicable,” said Rebecca Dye, a commissioner with the U.S. Federal Maritime Commission, in a speech last week to the Canadian American Business Council. She noted the FMC has undertaken an investigation of U.S. containerized cargo moving via Canadian and Mexican […]
JustEnough Software, a provider of demand management solutions for retailers, has formed an alliance with enVista, an enterprise and supply chain consulting firm, to extend their end-to-end offerings. The pair will combine efforts to help customers using Microsoft Dynamics AX to add in end-to-end planning functionality to their ERP platforms, addressing functionality like […]
Maersk Line chief financial officer Peter Rønnest Andersen will leave the A.P. Molller-Maersk Group on June 19, part of a restructuring of the liner carrier’s management board, the company said Tuesday. Andersen will be replaced by Jakob Stausholm, currently chief of strategy and transformation in Maersk Line, who will handle both functions. […]
Effective July 1, the fee will be increased from $60 to $61.50 per 20-foot container and from $120 to $123 per 40-foot container, said the West Coast Marine Terminal Operators Agreement (WCMTOA).
The G6 Alliance of carriers will switch a call at the Port of Le Havre from one of their Asia-Europe services to another, according to a note Tuesday from G6 member Hapag-Lloyd. The lines will switch the call at the French port from their existing Loop 4 service to the Loop 3 service […]
The ocean carrier NYK, along with partners Hanjin Shipping and Evergreen Line, have raised capacity on their weekly Asia-Indian subcontinent WIN loop by increasing the size of the vessels.
Third-party logistics provider Performance Team will open a container transloading facility at the Port of Charleston to shuttle cargo from ocean containers to truck trailers for distribution throughout the Southeast. Performance Team will operate from the Wando Welch Terminal’s container freight station and handle both import and export cargo. Performance Team said transloading cargo onsite […]
The third-party logistics provider officially opened its new container transloading facility at the South Carolina port to shuttle cargo from ocean containers to truck trailers for distribution throughout the Southeast.
QAD Inc., a provider of enterprise software and services for global manufacturers, has acquired Strasbourg, France-based DynaSys S.A. that develops supply chain planning software for 6 million euros ($7.5 million). DynaSys generated roughly 5 million euros in revenues last year and has about 40 employees. QAD said its main plan is to expand […]
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. Key issues addressed in this study include: Transportation spend and contract rates Length of negotiations and timeframe to implementation Assessing bids […]
U.S. exports in April were down 0.8 percent from March to $182.9 billion, while year-to-date through the first four months of 2012 they were up 6 percent or $41.4 billion from the same period of 2011 to reach $725.8 billion.
The San Gabriel, Calif., accident on Saturday is being investigated as a felony hit-and-run. There were no serious injuries in either accident, but individuals in both cars complained of pain. Bryson was not injured.
Using container status message data from SeaIntel’s new partner INTTRA, the maritime consultancy found that 64.7 percent of containers are delivered on time year-to-date, as measured against the date stated on the booking acceptance.
Choice Logistics, a provider of logistics services around critical service parts, has formerly launched its own transportation management system (TMS). The new offering, called the Choice Transportation Management Services (CTMS), is already being used by some customers and early adopters, according to Choice. CTMS is built on the foundation of Choice’s efforts in […]
