Swissport International, a provider of ground services to the aviation sector, has appointed Martin Sodergard to senior vice president of cargo operations. He most recently supported Swissport’s U.S. operations as interim senior vice president of North America cargo. Joe Phelan has since taken over this role. Sodergard replaces Guy Ghysels, who becomes vice president […]
The U.S. Export-Import Bank has set a new policy to increase U.S. aviation-industry exports. In particular, the bank will now finance transactions of U.S.-produced goods and services for aftermarket (post-manufacturing) use on foreign-made aircraft. The new policy will expand Ex-Im Bank financing to benefit suppliers of many different products and services, including […]
Outsourcing and offshore software developer Leo TechnoSoft has developed an initial version of a software-as-a-service-based trade management system for Eximforce with a focus on managing and integrating import and export business, as well as systems covering them. Developed to manage the entire transaction lifecycle, the SaaS solution will support both importers and exporters […]
The deal, which is expected to increase the express carrier’s operations in the South American country, should close in the third quarter of this year, though it is subject to the customary closing conditions.
FreshStart Logistics, a provider of dispatch and shipment optimization technology, has partnered with Transite Technology to integrate its ship optimizer directly into Transite’s existing Jaguar Transportation Management System (TMS). Transite’s Jaguar TMS manages and automates processes throughout the entire lifecycle, from carrier selection suggestions and dispatch to the final freight audit. Adding in […]
The ocean carrier will increase the size of five of the seven vessels currently deployed on the weekly Europe-east coast of South America service from 3,913 TEUs to 6,558 TEUs.
Crowley Maritime Corp.’s Caribbean logistics unit has almost doubled the size of its distribution center in Puerto Rico with the acquisition of a second warehouse adjacent to the company’s existing 70,000 square-foot facility in Guaynabo, Puerto Rico. The expansion brings Crowley’s total warehouse space on the island to 119,800 square feet. “With the […]
Alejandro Gonzalez, 60, of Miami-Dade County, Fla., was convicted of three counts of making false statements to the Coast Guard and one count of obstruction of an agency proceeding.
Next-generation machines for detecting radiation in large ocean containers, trucks and other conveyances are still being pursued by the U.S. Department of Homeland Security, but spelling out expectations and establishing better evaluation criteria have taken precedence over rushing to acquire the technology, according to an official involved in the process. The development of Advanced […]
Legislation to end a strike against Canadian Pacific Railway by 4,800 workers represented by the Teamsters Canada Rail Conference was introduced into Canada’s House of Commons on Monday. The Restoring Rail Service Act would require employees to return to work and resume rail service while imposing a binding arbitration on CP and the Teamsters […]
Spot rates have an indelible impact on contracts rates on the trades from Asia to Europe and North America, according to quantitative analysis by the maritime analyst SeaIntel. The research, released in SeaIntel’s Sunday Spotlight report, shows a correlation in excess of 95 percent between spot rate trends and contract rates trends. […]
The current containership order book is 23 percent of the existing global fleet, the lowest ratio since April 2003, the maritime analyst Alphaliner said this week. “If the current lull in containership orders continues, the vessel order book could fall below 3 million TEUs, or less than 20 percent, of the fleet by […]
The American Association of State Highway and Transportation Officials announced Friday that Executive Director John Horsley and Jack Basso, director of program finance and management, plan to retire effective Feb. 1, 2013. Both men have strong reputations for skillfully representing state interests in infrastructure development and ensuring continued federal support for highway aid programs. […]
Ericsson de Panama S.A. of Panama City has agreed to pay a civil penalty of $1.753 million to settle 262 violations of the U.S. Export Administration Regulations.
The Freight Stakeholders Coalition, made up of 18 organizations representing both U.S. shippers and carriers, last week called for a national freight program and policy in the Surface Transportation Authorization bill. In a letter to House and Senate Conferees on Surface Transportation Authorization, the group laid out a 10-point platform on freight mobility […]
DHL said Monday it’s starting a new less-than-containerload service from Shanghai to Dubai, the third service to be offered between China and the United Arab Emirates. “Our new services from Shanghai to Dubai are a direct response to a rise in cooperation in recent years between China and these new emerging economies in […]
BlueWater Reporting shows capacity in the past year has trended up between North America and the east coast of South America and down to the west coast of South America. By Eric Johnson It’s not easy to ascertain confidence levels on north-south container trades. Rate indexes and growth forecasts tend to focus wholly […]
Plans to increase toll charges for the Panama Canal are “rushed, excessive and likely to cause further problems for shipping companies” given the fragile state of economic recovery, said the shipowner group.
Port authorities and shippers express concern that a prolonged strike on the Canadian freight railway will take its toll on their businesses and the national economy.
This is a another South American trade extending the partnersahip between CMA CGM and MSC, offering the French liner a direct connection between the east coasts of North and South America.
