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 […]
Chang In recognition of his contributions to assist the reconstruction of Japan following the March 2011 earthquake and tsunami, Evergreen Group Chairman Yung-Fa Chang was honored Tuesday with the Order of the Rising Sun, Gold and Silver Star during an award ceremony at the Tokyo Imperial Palace. The Japanese government also honored Chang […]
Murphy Richard T. Murphy Sr., long-time head of Murphy Warehouse Co. in Minneapolis, died on May 1 at the age of 87. Murphy was the third generation to operate the family transportation and warehousing company founded in 1904. He began his formal career as a dispatcher in 1948, and at the age of […]
Non-vessel-operating common carrier Troy Container Line has started a new less-than-containerload service from Chicago to Rotterdam. The direct, 16-day service will begin on May 21 with a sailing on board the APL Melbourne. Also included are reduced rates to Hungary, Ireland and Prague from the Midwest, the Red Bank, N.J.-based NVO said. […]
The intermodal and logistics company Pacer International said it has entered a multiyear agreement to have CSX remain its primary rail carrier in the eastern United States. It said together with existing agreements between Pacer and CSX, the new deal provides terms of service for shipments in Pacer’s private fleet of more than […]
Shipments of coal on the Great Lakes totaled 2.2 million tons in April, a decrease of 3.8 percent compared to a year ago. However, when compared to its 5-year average, the trade was down nearly 27 percent, said the Cleveland-based Lake Carriers’ Association. The trade group said loadings at Lake Superior ports […]
WNS Holdings Limited, a provider of global business process outsourcing (BPO) services, has entered a partnership with GT Nexus, which provides cloud-based supply chain services, on a new platform-based BPO offering to shippers and the logistics industry. The companies have agreed to jointly develop the service around documentation, freight management, contracts, pricing, and analytics with […]
