The U.S. Department of State on Thursday announced $2.6 million in funding to help train foreign governments on investigating and prosecuting intellectual property rights crimes in Asia, Latin America and sub-Saharan Africa.
Cultural change brings shipping industry technology company back from the brink. By Geoff Whiting There’s no escaping it: supply chain software developer Descartes was in a bad place in 2004. The company was staring into an abyss as its share price dropped from more than $100 to just 95 cents that year. […]
Accellos Inc., a provider of supply chain software based in Colorado Springs, Colo., has launched a cloud-managed service for its existing AccellosOne Enterprise 3PL product. The service will be offered to both existing and new customers running Accellos’ third-party logistics management software. It will include the provisioning of the computing infrastructure required to run […]
The liner carriers “K” Line and Wan Hai will cooperate on a new transpacific service, Wan Hai said last week. The service, expected to start in early May, will have a rotation of Qingdao, Shanghai, Ningbo, Long Beach, and Qingdao. It will be run with five 4,000-TEU vessels (three from “K” Line and two […]
“Our new brand reflects the nature of our organization – we are adaptive. The business landscape is changing at a tumultuous pace and requires nothing short of reinventing ourselves to be agile and responsive,” said CEO Saleh Al Jasser.
The ocean carrier Maersk Line has suspended its weekly IOI service between the Middle East and the Indian Ocean. The last sailing was by the Maersk Warsaw, which departed Salalah on April 6. The four-ship average 1,713-TEUs IOI loop had a port rotation of Salalah, Reunion Island, Port Louis, Toamasina, Victoria, and Salalah. Maersk […]
CMA CGM said Thursday it will partner with Emirates Shipping Line on the trade between India, the Middle East and east Africa from mid-May. The French container line will drop its existing SWAX service and form two new services with the same moniker, SWAX 2 and SWAX 3. The SWAX 2 service […]
Ocean carrier Maersk Line has added an 11th vessel to its weekly North Europe-Asia AE1 service and increased round-trip voyage time from 70 days to 77 days. Maersk advised March 28 it would add an extra vessel to five of its six Asia-Europe loops and “super-slow-steam” them by adding one more week to their […]
The liner shipping company Evergreen Line joins the China to the Southeast Asia portion of “K” Line’s JABCO 1 service beginning with the April 30 sailing of Guayaquil Bridge from Shanghai. Hanjin Shipping is already a slot charterer and dubs the loop JTS. The service, which Evergreen Line calls B1, has increased from 21 to 28 […]
Canadian Pacific Railway said Friday it had a profit of $142 million in the first quarter of 2012, more than triple the $34 million it earned in the same 2011 period. Revenue was $1.38 billion in the first quarter of the current year, 18 percent more than in the same 2011 period. The company […]
The market experienced growth of $900 million in 2011 and is expected to expand 20 percent year annually through 2017. The biggest drivers for RFID will be increased use in government, retail, and transportation and logistics services.
Los Angeles’ total volume for the month increased to 650,452 TEUs, while neighboring Long Beach reached 461,590 TEUs.
American Honda Motor Co. has started shipping new CR-Vs manufactured at its plant in East Liberty, Ohio, to the Port of Jacksonville for export to the Middle East, Africa and Puerto Rico, the port authority said. After evaluating several ports, Honda selected Jacksonville and auto processor AMPORTS to receive, prep and load the new CR-Vs on […]
Odyssey Logistics & Technology Corporation (OL&T), a Danbury, Conn.-based logistics service provider, has acquired Interdom Partners, an intermodal services company. Interdom, based in Palos Heights, Ill., has experienced a double-digit growth over the past three years. Robert Shellman, OL&T’s president and chief executive officer, said his company plans to keep expanding its logistics services through […]
Members of the U.S.-Libya Business Association (USLBA) on Saturday arrived in Libya to begin a five-day trade and investment delegation visit. The delegation includes 37 representatives of 20 U.S. companies and organizations. The group represents a wide range of U.S. industry sectors, including healthcare, education administration, training, energy, construction, logistics, infrastructure, construction support, […]
Jumbo Shipping, a leading transporter of oversized and heavy cargoes, said it has ordered a second new “K-class” ship, with an option for a third. The company said it has also decided to upgrade the lifting capacity of the vessel cranes from 1,300 to 1,500 metric tons, enabling tandem lifts of 3,000 metric tons. The company’s […]
The U.S. Foreign-Trade Zones Board, operating under the U.S. Commerce Department, has approved a foreign-trade zone (FTZ) subzone for the Benicia refinery operated by Valero Refining Co. in California. The FTZ will operate as a subzone of the Port of San Francisco’s Foreign Trade Zone No. 3. Subzones are typically areas near but […]
CUSTOMS Info (CI) has made a version of its CI Mobile app available to freight forwarders, allowing them to provide trade information to their clients for free. The information sent from the app, including details on duties, taxes and denied party lists, will be branded with the forwarder’s contact information. The app is […]
An executive at the Port of Long Beach dismissed the possibility that dockworkers on the West Coast would engage in work slowdowns or other sympathy action if negotiations between the International Longshoremen’s Association…
The line had stopped accepting bookings in late March due to a backlog of cargo in Europe, which was created by sailing cancellations following the Chinese New Year and was estimated to be cleared by early May.
