The New World Alliance carriers have amended the rotation of their PSX transpacific loop, according to a notice from NWA member MOL. In specific, the PSX added calls at Seattle, Vancouver, Tokyo, and Yantian with an aim of providing “competitive transit times and cut-offs for cargo from the Pacific Northwest.” The revised rotation is now […]
The ocean carrier Maersk Line said Friday it will shutter its Andean service between Northern Europe and the west coast of South America. The line said the service has become too expensive to maintain, and ports in Peru and Chile served directly through the Andean loop will be covered by transshipment in Balboa, Panama. “A […]
APL said its largest and most advanced ship, the 10,700-TEU APL Southampton, called on the Port of Singapore during its maiden voyage Monday. APL noted the ship has a number of environmental-friendly features, including a ballast water treatment system and an electronically-controlled main engine. “We are modernizing our fleet with more sustainable and more efficient ships,” said […]
Expeditors International of Washington last week reported a profit of $76.7 million for the first quarter of 2012, 16 percent less than the $91.2 million earned in the first quarter of 2011. Revenues for the first quarter of 2012 were $1.41 billion, 3 percent less than the $1.46 billion recorded in the first quarter of 2011. […]
The Israeli branch of the ratings agency Standard & Poor’s has downgraded the bond rating of the liner carrier Zim. The downgrade took Zim’s rating to ilB, with a negative outlook. On Monday, Zim hit back against the rating, saying the S&P Maalot downgrade ignores measures the line has taken to shore up its bottom […]
A.P. Moller Maersk Group Chief Executive Nils Andersen has returned to his position after a four-month leave to recover from corrective heart valve surgery, the company said Monday. “Having participated in a number of meetings and having been updated on our activities during the last couple of weeks, I am now ready to return to […]
Old Dominion Freight Line has appointed Chris Young as its vice president of information systems and technology. Young will manage Old Dominion’s IT department and OD-Technology, the company’s branded technological solutions division. He succeeds Ken Erdner, who is retiring after 16 years with the company. Young joined Old Dominion in April 2010 and has served […]
Omega Morgan, a Portland, Ore.-based company that is one of the West Coast’s leading heavy equipment transport companies, has named John McCalla chief executive officer and president. McCalla comes to Omega Morgan from Warn Industries, also located in Portland. He began his career as a project engineer at General Motors and then joined Warn Industries. […]
The FBI last week made arrests in what it said was “the largest takedown in U.S. history involving cargo theft.” Eleven people were indicted. John V. Gillies, special agent in charge for FBI Miami, said the theft involved more than $100 million, including $80 million worth of pharmaceuticals and “dealt a major […]
According to the University of Hawaii at Manoa, future warnings of deadly and disruptive tsunamis may come from commercial vessels, especially those with newer tracking and navigation systems.
RedPrairie Corp., a supply chain and retail technology provider, released its 2012.1 product Monday. The company said the new release aims to connect supply chain execution capabilities with stores and commerce sites to improve visibility for retailers, manufacturers and distributors. Additions to its service include new integrations, global labor standards compliance, support of industry standards […]
XpressRate.com and CUSTOMS Info have partnered to offer a new portal for online rate quotes from international carriers, promising results within in seconds. User can sign up for XpressRate for free and only pay for shipments they end up booking. It will provide CUSTOMS Info’s users with shipping rates and assistance with export […]
Google is starting to sell some of its analytics capabilities as an online service to compete with engines like Amazon Web Services for enterprise cloud computing. The services these two offer lag behind many dedicated logistics service providers and trade management systems, but they may appeal to smaller companies that can’t necessarily afford the higher-end software. In specific, Google […]
Chapman Freeborn has expanded its On Board Courier (OBC) product with the introduction of a new Web tool for tracking shipments globally. Now, as well as receiving regular updates directly from the company’s OBC team, customers can log into the online tool and view real-time updates on the status of their cargo no matter where […]
Ocean capacity for export lumber shippers is tight these days, according to Curtis Struyk, president of Carolina Ocean Lines and a founder of the U.S. Lumber Shippers Association. Speaking on a panel about U.S. export expansion at the Virginia Maritime Association’s International Trade Symposium Thursday, Struyk said he has to scrounge for capacity aboard vessels […]
Economist Bill Ralph said Thursday there are signs that confidence is growing among consumers and that he’s projecting containerized trade to grow 5 to 7 percent on the transpacific this year.
Since AGL acquired NICOR there has been curiosity about whether AGL will continue to keep the shipping unit or sell it off in the future. But an AGL executive indicated the utility is in no hurry to divest itself of Tropical Shipping.
The trucking company is investing in 3,000 new 2012 and 2013 tractors, chiefly from Freightliner. Schneider said it’s replacing trucks at a rate of 75 per week. With this refresh, the company is adding in a series of upgrades to the fleet.
The Grand Alliance carriers and Zim look to decouple a transpacific all-water service they amended in October back into two separate loops, according to a note from GA member Hapag-Lloyd.
Hapag-Lloyd announces rate increase
