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
Liner carrier Hapag-Lloyd said it will increase its transatlantic freight rates on July 1. Rates on both eastbound and westbound cargo between all coasts of the United States and Canada to and from North Europe and the Mediterranean will increase $400 on 20-foot containers and $500 on 40-foot containers. The German carrier is also increasing rates between […]
The liner shipping companies “K” Line and Wan Hai will commence their new transpacific service CALCO-B on May 7 via Wan Hai 505. COSCO will also take slots on this service. CALCO-B will operate with five vessels averaging 4,482 TEUs. “K” Line will operate three ships and Wan Hai two. The service will sail weekly with […]
Wallenius Wilhelmsen Logistics said it will make its inaugural call to Adelaide, Australia on Saturday, May 5, with its pure car truck carrier Aida. The ship operates on a WWL route from Europe via North America. The company has also added calls in Galveston, Texas, on the service. The company said while it carries cars to […]
The liner shipping company Evergreen Line will join Hyundai Merchant Marine’s KMS service, which covers the Asia-to-Middle East trade. Evergreen will charter slots from the May 9 sailing of the Hyundai General from Gwangyang. KMS runs with six Hyundai-operated vessels averaging 5,992 TEUs each. Emirates, Hapag-Lloyd, MCC (intra-Asia portion), MOL and NYK also take slots on the […]
The Swiss forwarding and logistics company Panalpina said it had a 40.4 million Swiss franc ($44.1 million) loss in the first quarter because of provisions for antitrust fines from Switzerland and European Union, compared to a 34.9 millon Swiss franc (CHF) profit in the first quarter of 2011. Panalpina has decided to appeal the European […]
Yodel has unveiled a new service in response to changing conditions in the online delivery market and demand for increased flexibility. While pushing further into the online shopping business, Yodel, one of the United Kingdom’s larger delivery companies, has announced plans to alter its service in response to consumer service demands and increasing needs for flexilibity. The changes […]
The Port Authority of New York and New Jersey has begun publishing “PA Pulse,” monthly indexes of passenger and freight volumes. The agency says while “the indices do not precisely account for every passenger or every dollar worth of freight that passes through port authority facilities, they approximate those quantities closely using observed data.” The port […]
Dockworkers at the Port of Tilbury in England are set to strike May 7 over a change in their contract that calls on them to work when ships are ready for unloading, not in set shift patterns. Forty-five employees are involved in the planned action, all of them at the Enterprise Distribution Centre in Essex […]
Panalpina Group, a global third-party logistics provider, has partnered with RedPrairie to include the Atlanta-based supply chain and retail technology supplier’s applications in its systems. Through the partnership, Panalpina plans to boost its value-added logistics services and enhance automation and efficiency. One feature that RedPrairie’s system will give Panalpina is a standardized global platform to build customized […]
David Brooks has elected to retire after almost 16 years as president of American Airline’s cargo division, the airline announced Tuesday. Under his leadership American was considered one of the best belly carriers serving U.S. freight forwarders. Brooks, a 29-year veteran of the airline, was replaced by Kenji Hashimoto, vice president of strategic […]
The Charlotte Regional Intermodal Facility is located at the Charlotte Douglas International Airport and will be capable of handling 200,000 lifts per year. It will replace the railroad’s existing intermodal facility in downtown Charlotte.
The decision follows last week’s announcement that CSCL lost 1.44 billion renminbi ($229 million) in the first quarter of 2012, compared to a loss of 140 million RMB in the same 2011 period.
The liner shipping companies Hyundai, “K” Line, NYK and PIL have all left MOL’s CSW service which covers Asia, Africa, and East Coast South America. All four liner companies, who were taking slots on the Asia-to-East Coast South America portion, have ended their participation on the CSW with the final sailing departing on March […]
The provider of global trade management systems has released a study on U.S.-based mid-market firms’ export compliance challenges and found they are increasingly at risk of violating federal regulations.
“Global passenger transport volumes could grow to be as much as two and a half times their 2010 level by 2050. Freight volumes could grow by a factor of four,” the organization’s report said.
