The ocean carrier Maersk Line raised capacity on its weekly Mediterranean-to-West Africa WAF2 loop by increasing the size of the vessels. Once the changes are complete, the carrier will have replaced five of the six vessels on the WAF2 and average ship capacity will have increased nearly 15 percent, from 2,225 TEUs to 2,554 […]
The liner carrier Mediterranean Shipping Co. said Thursday it plans to hike rates from Asia to the east coast of South America in mid-May. The increase, $500 per TEU, is effective from May 15.
Sea Star Line said this week that it has appointed Tropical Shipping veteran Bill Taylor to head its U.S. sales team as vice president. Prior to joining Sea Star, Taylor held sales and leadership positions with international carriers CAST, Lykes Lines and CP Ships. He was most recently responsible for managing Tropical Shipping’s […]
Third-party logistics services firm SBS Worldwide has appointed John Klausing to regional vice president of operations for the U.S. Midwest. Klausing, a 30-year industry veteran, will be based at SBS’s Chicago office. “He will play a key role in implementing our global business development plan and ensuring that we meet growth targets in our […]
Aspen Logistics has appointed Christopher Ticknor as its executive director of business development. Ticknor will be responsible for leading Aspen’s work in brand recognition and drumming up new clients. He started at Aspen in 2008 as marketing manager. Aspen, a third-party logistics firm, operates about 2 million square feet of refrigerated and ambient warehousing […]
Donjon Marine Co. has appointed John Noble as managing director of its U.K. operations. Noble has worked in commercial shipping since 1962 when he joined HMS Conway, the pre-sea training school in the United Kingdom. He served as a deck officer in the British Merchant Marine sailing with shipping lines Blue Funnel and […]
The U.S. Trade and Development Agency has awarded a $550,000 grant to Terminal Fluvial Andalucía, S.A. (Andalucia River Terminal or “TFA”) for a feasibility study to determine the technical and financial viability of a new inland river port along Colombia’s Magdalena River. The feasibility study will also include the preparation of preliminary design […]
The U.S. Federal Maritime Commission will take steps to begin the process of modernizing regulations for non-vessel-operating common carrier and ocean freight forwarder licensing, registration, and proof of financial responsibility when it meets next month, FMC Chairman Richard A. Lidinsky Jr. said Tuesday at the National Customs Brokers & Forwarders Association of America’s conference in Hollywood, Fla. “I […]
CargoSmart, a shipping and logistics software as a service (SaaS) platform provider, has launched a new business processing outsourcing service for ocean carriers and logistics service providers. The Virtual Business Center will monitor business activities with a new toolset and then manage documentation processes and sailing schedule maintenance for customers. The center digitizes […]
Calogi, a Dubai-based Internet service portal offering global air cargo services, recently launched a new third-party logistics named c-Plus and a separate insurance offering. c-Plus offers services to both 3PLs and their users by allowing customers to book and pay for transportation, warehousing, customs brokerage, insurance, road feeder, and packaging services in a single […]
Leonard D. Waterworth was appointed to executive director of the Port of Houston Authority during its regular monthly meeting Tuesday. He had served as interim executive director since Jan. 30.
Maersk Line said Tuesday it has appointed David Zimmermann as vice president of North American sales, effective immediately. Zimmermann replaces Bill Woodhour, who was recently promoted to head of North American trades at Maersk’s global headquarters in Copenhagen, Denmark. Zimmermann has been with Maersk for more than 22 years in a variety […]
The terminal operator COSCO Pacific said its operating profit grew 40.9 percent year-on-year in the first quarter of 2012 to $57 million.
Pacer International and CRST International said Tuesday they have agreed to multi-market dedicated drayage agreements focused on driving intermodal drayage efficiencies and providing incremental capacity for Pacer. CRST has formed a separate operating unit, CRST IMX, within its dedicated services subsidiary to provide the service. CRST IMX will market, sell, and operate its intermodal […]
C.H. Robinson Worldwide said it had a profit of $106.5 million in the first quarter, 9.9 percent more than the $97 million earned in the first three months of 2011. Total revenue for the third party logistics services provider was $2.55 billion in the first quarter, 7.9 percent more than the $2.37 billion recorded in same […]
U.S. intermodal container rail traffic rose 4.5 percent year-on-year in the first quarter of 2012, according to the latest figures from the Association of American Railroads Time Indicators Report. Volume reached 2.5 million containers in the January-March period, though the growth dipped slightly in March, to 3.5 percent, on volume of 928,350 containers. […]
Kansas City Southern said it had a profit of $75.3 million in the first quarter, 17 percent more than the $64.1 million earned by the railroad in the first quarter of 2011. Revenues were $548 million in the first quarter, 12 percent more than the $489 million recorded in the first quarter of 2011. By […]
For the first quarter of 2012, Norfolk Southern reported net income of $410 million, 26 percent higher than the $325 million for the first quarter of 2011. First-quarter 2011 results included a $58 million non-cash charge that reduced the railroad’s net income by $36 million, or $0.10 per diluted share. Compared to the first […]
The third-party logistics services company Weber Distribution has appointed Des Sugrue as its new vice president of customer experience. Sugrue will be responsible for customer service, information technology, and operational quality and consistency across Weber’s 17 distribution centers and freight terminals in the western United States, the company said. Prior to joining […]
MIQ Logistics said Tuesday it has entered into an agency relationship with Transocean Shipping Agency A/S to provide global supply chain services for goods moving in, out and within Denmark. “Transocean has extensive experience in project shipping and forwarding, chartering and warehousing,” said John Carr, MIQ Logistics’ president and chief operating officer. […]
