The liner carrier Maersk Line said it will raise U.S. and Canadian export rates to Asia in mid-May, part of a huge drive to increase revenue on a number of global trades. The rates on the westbound transpacific will be hiked $160 per 20-foot container, $200 per 40-foot or 40-foot high-cube container, and […]
The U.S. Department of State (DOS) has tapped Accenture Federal Services to enhance the Integrated Logistics Management System (ILMS) that provides materials and services to the DOS’ global workforce. Accenture will be tasked with enhancing the ILMS for the purpose of diplomatic mail services, DOS procurement inventory services, warehouse management, and asset management […]
Southern Air Holdings, Inc. on Tuesday said it will take delivery of two Boeing 777Fs this month to be used on DHL Express new round-the-world service from Hong Kong to Los Angeles to Leipzig, Germany, and back to Hong Kong. The aircraft will be third and fourth 777Fs in Southern’s fleet. Southern […]
Rail Logistics-Cold Train will use a dedicated fleet of trucks from Interstate Distributor Co. for short-haul drayage service to and from the Port of Quincy Intermodal Terminal in central Washington. In early 2010, Rail Logistics launched its Cold Train reefer service between the Pacific Northwest and the Chicago area in partnership with Burlington […]
Foster City, Calif.-based E2open, which provides cloud-based collaboration systems, has launched its the E2open Business Network V 8.0. The new release include the developer’s new E2 Collaboration Center and Supply Dashboard, which provides cross-network, real-time visibility of orders, inventory, logistics, and system-made forecasts across multiple tiers in a network, the company said. E2open […]
Thirteen regional representatives urge government to approve $14.5 million grant to speed freight rail movement from NY/NJ ports to New York City and east of the Hudson River, saying service will cut out detour of 300 miles
U.S. Customs and Border Protection on Friday publicly released its strategic plan for securing air cargo by screening advanced data from carriers and forwarders. A pilot program quickly initiated by the agency in conjunction with express carriers following the October 2010 Yemen printer-bomb plot, has pre-cleared 14 million transactions using shipment-related data to […]
Railroads partner to allow container traffic from Vancouver and Prince Rupert to interchange in Chicago by rail, rather than truck, allowing faster access to Ohio Valley markets
Chainalytics, a provider of freight market intelligence and analytics services, said that its new Integrated Freight Market Intelligence (iFMI) service offering has gone live. The iFMI service allows members of Chainalytics’ Freight Market Intelligence Consortium to build in predictive analytics on freight markets and rate behaviors in off-the-shelf and internally-developed transportation management and enterprise planning […]
The liner carrier OOCL said Tuesday it plans to hike rates on the westbound Asia-Europe trade from May 1. The increase, $450 per TEU, is applicable to the Far East (excluding Japan), the Indian Subcontinent, and Middle East to Northern Europe, the Mediterranean and the Black Sea. OOCL’s proposed hike is larger […]
The Panama Canal Authority said it had record tonnage in its fiscal year 2011, which ended on Sept. 30, but also acknowledged that some parts of its project to expand the canal are taking longer than expected. “Four years after the beginning of the expansion work, the board feels extremely satisfied with the […]
By Eric Kulisch U.S. Customs and Border Protection on Friday publicly released its strategic plan for securing air cargo by screening advanced data from carriers and forwarders. A pilot program quickly initiated by the agency in conjunction with express carriers following the October 2010 Yemen printer-bomb plot, has pre-cleared 14 million transactions using shipment-related data […]
Oz Development, a Westborough, Mass., cloud-based application and integration service provider, and SPS Commerce, which provides on-demand supply chain management solutions, have partnered on a new cloud-based integration and supply chain solutions platform aimed at manufacturing, distribution, retail, and e-commerce companies. The goal of the systems is to allow these companies to comply […]
Austerity measures will result in a weak first quarter for North Europe ports, says Ben Hackett, founder of the consultancy Hackett Associates, in the latest edition of the North Europe Global Port Tracker report. The report, prepared with the Institute of Shipping Economics and Logistics (ISL) in Bremen, is projecting European deep-sea import growth for […]
The Asia-Northern Europe trade looked to have turned a corner in the past month, with recent spot rate levels rising. But the London-based consultancy Drewry warned that the industry should not be “lulled into a false sense of security” in its latest Container Forecaster report “The perception might be that the industry […]
Chicago-based Echo Global Logistics has said it will increase its offices in Arizona to accommodate additional employees from its acquisition of Advantage Transport. Echo acquired Advantage Transport, a $26 million truckload freight brokerage company, in July of 2011 and has now signed a lease for an 11,000 square-foot office in Scottsdale. The new […]
The logistics company Globe Express Services has developed a joint venture with Rome-based air and ocean freight forwarder International Transport Services Associated (ITSA). ITSA, established 33 years ago, is the fourth largest forwarder in Italy in terms of volume on Asia-Italy trade, and operates branch offices in Milan, Venice, Taranto, Pomezia, Civitavecchia and […]
The Containerization & Intermodal Institute (CII) is seeking nominations for its annual Connie Awards being held on Oct. 2, 2012, at the Renaissance Hotel in Long Beach, CA. The Connie Award, named for the container, has been presented every year since 1972. The award honors those who have made outstanding contributions to the […]
Caribbean carrier says it’s in a stronger position due to exit financing from new majority shareholders SEACOR and Whippoorwhill, with creditors due to receive 95 to 100 percent of their pre-bankruptcy filing claims
The Taiwanese liner carriers Evergreen Line and Yang Ming both posted losses in 2011, according to financial statements filed with the Taiwan Stock Exchange. Evergreen Marine Corp., said it had operating losses of $25.5 million, compared to the $2.9 million it made in 2010. Revenue fell 9.8 percent, to $505.7 million. The […]
