Soren Sjostrand Jakobsen, APMT’s head of project implementation, said as carriers build bigger ships “it is imperative that we are able to increase our delivered productivity at minimum the same pace as the ships grow – but preferably much more.”
Members of the Trans-Pacific Partnership Apparel Coalition on Tuesday lauded a group of 15 U.S. senators who sent a letter to President Obama urging him to push for modern and flexible rules in the TPP, a multilateral trade agreement being negotiated among a cadre of Pacific nations. The senators asked the administration to […]
The ocean carriers Maersk Line and CMA CGM have raised capacity on their weekly West Mediterranean-East Coast of North America (WestMed) loop, called Amerigo Express by CMA CGM, by increasing the size of the vessels. The carriers also dropped a last call outbound at Malaga, replacing it instead with an outbound call at Tangiers, […]
Zepol Corp., a trade intelligence company based in Edina, Minn., has released its newest trade data tool, ComplianceIQ, to help U.S. importers comply with government import regulations. The tool bridges multiple import-compliance datasets in a unified interface in hopes of bringing as much information to the customer as possible for specific Harmonized Tariff Schedule codes. […]
Maersk Line said this week it will raise rates on the trade between Latin America and the Middle East and Black Sea regions from June 1. The increases are $100 per TEU from the Middle East to Latin America, and $300 per refrigerated container from the east coast of South America to the […]
The ocean carrier Maersk Line has switched from calling Dar es Salaam in favor of a new call at Mombasa and speeded up its Masiika Express service between the Middle East and East Africa, decreasing roundtrip voyage time from 35 days to 28 days. This move could have been motivated in part by Maersk’s temporary suspension of its […]
Envirotainer, a Swedish manufacturer of temperature-controlled air cargo containers, has named Gustaf Ljunggren to chief executive officer. He replaces Niklas Prager, who has opted to leave his position at the company and return to a post on the Envirotainer board. Ljunggren has held senior positions in logistics, production and business development, including […]
Hansa Heavy Lift has named Joerg Roehl as chief commercial officer. He will be responsible for the heavy-lift carrier’s global sales, strategic business development and marketing. Roehl has more than 20 years of logistics and shipping industry experience. Last year, he supported Hansa as an outside consultant focusing on forming its global sales […]
TNT Express said it had a profit of 18 million euros ($23.6 million) in the first quarter ending March 31, compared to a loss of 106 million euros in the same 2011 period. Revenue in the first quarter 2012 was 1.819 billion euros, compared to 1.796 billion euros in the first quarter of 2011. […]
American Shipper recently surveyed more than 250 transportation decision-makers on their freight payment practices. Expert panelists will discuss the study results and demonstrate several best practices that shippers and 3PLs can apply to streamline this unruly but necessary function. Key topics will include: Challenges and benefits of automating freight pay Payments means and timing Cost of […]
More than a dozen industry associations has asked the Obama administration to include sugar as part of the comprehensive free trade negotiations between the country members of the Trans-Pacific Partnership.
This week Associate Editor Eric Kulisch explains how the U.S. economy still feels the tug of an unhealthy European financial sector; a congressional effort starting May 8 hopes to reach compromise on a long-term transportation bill; and finding his Twitter voice.
YRC Worldwide said Monday it had reached an agreement with lenders to reset certain financial covenants over the life of loans and allow the company to retain all proceeds from the auction of certain surplus properties.
The ocean carrier Zim Line has ended its slot charter agreements with the G6 Alliance on the latter’s weekly Asia-Europe Loop 1, Loop 5, and Loop 6 services after only one month of sailings. Zim plans to offset this loss in available capacity by reinstating its joint AEX2/AX2/CES2 Asia to North Europe service […]
JDA Software has announced upgrades to its Transportation Manager and Transportation Planner, the company’s transportation management services (TMS) that cover long-range operational planning and daily activities. The enhancements include access to Chainalytics’ Integrated Freight Market Intelligence service, which covers freight market insights, rate benchmarks and predictive analytics. JDA’s system can now be integrated […]
Austin, Texas-based fleet management technology provider EFueling Technologies has reportedly signed a confidential deal with QuikQ to begin work on a fueling system that is entirely based on radio frequency technology like RFID chips and readers. QuikQ, headquartered in Franklin, Tenn., develops new technologies to improve the trucking industry’s control of diesel fuel transactions. […]
Manatee County Port Authority in Florida has approved a $13 million contract with American Bridge Co. for a 584-foot extension of Berth 12 and a 10-acre container yard. CH2M Hill will provide construction-phase engineering services.
Global commercial real estate service provider CBRE has advised DHL Real Estate to sell a 15,000 square-meter warehouse facility that it’s developing in Leipzig, Germany to international property fund manager, Cordea Savills. The move marks the beginning of a new program around direct development by DHL Real Estate in Europe, the Middle East, and Africa. […]
Genesee & Wyoming Inc. (GWI) reported net income in the first quarter of 2012 of $22.2 million, compared with net income of $22.1 million in the first quarter of 2011. GWI owns and operates short line and regional freight railroads and provides railcar switching services in the United States, Australia, Canada, the Netherlands and […]
The American Maritime Partnership and Transportation Institute say they have not been accused of any wrongdoing and were mentioned in a lawsuit only because some of their Jones Act members were named as defendants.
