The CKYH Alliance said Wednesday it will add a transpacific all-water loop from May 18 as part of adjustments to its Asia-U.S. East Coast service network. It will be the fifth loop on the trade offered by the four carriers, COSCO Container Lines, Hanjin Shipping, Yang Ming, and “K” Line. The lines have […]
Livingston said the acquisition strengthens its forwarding business globally and its brokerage business in the United States. Not included in the transaction is MBLX, the barge freight-handling and transport affiliate of M.G. Maher.
Liner carrier members will seek a $600-per-FEU peak season surcharge from June 10. The surcharge comes amid signs that the U.S. economy, and resultant containerized cargo demand, is incrementally improving, TSA says.
Domestic intermodal volumes continued their upward climb in the first quarter of 2012, according to the latest figures from the Intermodal Association of North America. Domestic volumes soared 14.9 percent in the quarter, to nearly 1.3 million containers. IANA attributed the rise to market share growth from trucking, “as trucking capacity was tight […]
The ocean carrier Maersk Line, along with its intra-Europe affiliate Seago Lines, has added a new port call at Limassol, Cyprus, and a fifth vessel to their weekly “North Sea” service between North Europe and the East Mediterranean. Roundtrip voyage time on the North Sea has increased from 28 days to 35 days, and transit […]
The ocean carrier Evergreen Line will begin a slot charter agreement with Maersk Line on the latter’s weekly West Coast North America to Central America service WCCA. The first sailing will depart Manzanillo, Mexico May 19 on the Helene S. The full rotation of the WCCA remains Los Angeles, Manzanillo (Mexico), Lazaro […]
Widdows Rickmers Holding Chief Executive and former NOL President and Chief Executive Officer Ron Widdows said shipping lines need to look squarely at ordering ships with better fuel efficiency in a recent interview with Singapore’s Business Times. Widdows, who left Singapore-based NOL last year, downplayed the idea that liner carriers have ordered too […]
Emirates Shipping Line said Tuesday it plans to hike rates on trades from Asia to the Indian Subcontinent, Middle East, and Africa from May 15. The increases are $250 per TEU from the Far East and Southeast Asia to East Africa, and $300 per TEU from the Far East and Southeast Asia to […]
NYK Line said Tuesday it will start a new service between Thailand, Vietnam, and China with Thailand-based intra-Asia-carrier Regional Container Lines (RCL) and drop an existing joint service with Vietnam state-owned carrier Vinalines. The new service, which NYK will call TVC, will have a rotation of Bangkok, Laem Chabang, Haiphong, Shekou, Hong Kong, […]
Gartner’s latest chief executive officer survey found that about 85 percent of CEOs believe their enterprises will be impacted by the economic downturn, but by a two-to-one ratio these same executives still expect to increase IT investments this year. The CEOs said their companies need to adopt newer technologies, like mobile offerings, cloud, and Web-based standards, if they want their businesses to grow. […]
Transplace, a provider of transportation management services and logistics technology, has implemented of a compressed natural gas (CNG) fleet in Southern California for Sunny Delight Beverages Co. The fleet, deployed by Glacier Transportation, will lower emissions and fuel costs for the beverage shipper. The five-year deal covers product delivery to Sunny Delight’s customers in the […]
Deutsche Post DHL said Tuesday that it had earnings before interest and taxes of 691 million euros ($894 million) in the first quarter ended March 31, 9.9 percent more than the 629-million-euro EBIT recorded in the first quarter of 2011. Revenue in the quarter was 13.4 billion euros, 4.3 percent more than the […]
Getloaded, a Midlothian, Va.-based provider of logistics freight matching services, has introduced a mobile app for Android phones that offers access to its trucking industry load board and its Website functionality. In specific, Getloaded’s free Android app provides a simplified interface that allows the user to access features like: Browsing of available loads […]
Non-vessel-operating common carrier CaroTrans has opened an office in Seattle, the company said Tuesday. The office, the NVO’s 14th U.S. branch, will provide less-than-containerload, full-containerload, and breakbulk services. CaroTrans said it expects further expansion in 2012, with new office openings in the U.S. Midwest, and in global locations. “We are committed to opening offices […]
Eleets Transportation Co., a Jacksonville, Fla.-based asset-light provider of transportation and logistics services, has appointed Mitch Luciano to chief operating officer. Al Steele, president and chief executive officer of Eleets, said Luciano’s “leadership and experience will help propel this company to our revenue goal of $200 million by fall of 2012.” Prior to this […]
The Port of Corpus Christi in Texas announced on Tuesday a sales agreement with Oxy Ingleside Property Holdings, a subsidiary of Occidental Petroleum Corp., to buy about 816 acres of the former U.S. Naval Station Ingleside and adjacent port property for $82.1 million cash. The transaction does not include the former naval base […]
The U.S. Justice Department on Tuesday said Direct Resource Inc. has agreed to pay the government $450,000 to resolve allegations that it falsely claimed payment in violation of the Trade Agreements Act (TAA), which prohibits the sale of products to federal agencies from countries that do not have a reciprocal trade agreement with the […]
The supply chain management company CEVA Logistics, which is majority owned by Apollo Global Management, is preparing an initial public stock offering to raise up to $400 million. It also said the company plans to list its shares on the NYSE.
The ocean carrier Hapag-Lloyd has ended its slot charter agreement with Hyundai Merchant Marine on the latter’s weekly Asia-Middle East feeder service KMS. The last sailing will depart Gwangyang, Korea May 9 on the Hyundai General. The service operates with six Hyundai vessels with an average capacity of 5,992 TEUs and the rotation […]
Using a newly purchased chassis pool, third-party logistics service provider Regal Logistics said it is now ready to meet demand requirements for on container transport service at piers in the U.S. Pacific Northwest, including the ports of Tacoma and Seattle. The company said it is responding to a market vacuum as steamship lines […]
