South African fruit growers body challenges logistics industry to overcome supply chain inefficiencies and improve the nation’s perishable logistics and transportation networks, ahead of a key industry conference in Cape Town this month
U.S. Customs and Border Protection on Friday published program and registration details for its upcoming Trade Symposium, which is being held for the first time on the West Coast. The event is May 10 at the Long Beach Convention Center. CBP is also offering a fee-based Webcast for those unable to attend. […]
AirBridgeCargo Airlines (ABC), Russia’s largest cargo airline and part of the Volga-Dnepr Group, has taken delivery of its second Boeing 747-8 freighter. The new plane will be used on ABC’s route network linking Europe, Asia and the United States with its hubs in Moscow. ABC took delivery of its first B747-8 in January, […]
The United States on Friday asked the World Trade Organization to set up a compliance panel to address the European Union’s failure to remove WTO-inconsistent subsidies to aircraft manufacturer Airbus. “We refuse to stand by while American businesses and workers are disadvantaged,” said U.S. Trade Representative Ron Kirk, in a statement. “The European […]
DeOrchis & Partners, one of the country’s best known admiralty and maritime law firms, has merged with the Philadelphia-based Montgomery McCracken Walker & Rhoads. In a note to clients and readers of its “Client Alert” newsletter, the firm said it is joining the New York offices of Montgomery McCracken, which also announced last month […]
National Shipping Company of Saudi Arabia (NSCSA) signed a contract last month with Qatar Aluminum Company (QATALUM) to transport aluminum from Qatar to the United States. Saleh Al-Jasser, the CEO of NSCSA said the aluminum will be carried on each voyage of the company vessels for a period of one year. The estimated value […]
The U.S. Trade and Development Agency awarded a $216,582 grant to El Salvador’s Comisión Ejecutiva Portuaria Autónoma (CEPA) to support a program for vessel traffic improvements at the Port of La Unión. CEPA, the Salvadoran government entity responsible for developing and managing the nation’s transportation infrastructure, intends to expand operations at the port […]
The U.S. Maritime Administration said last week it has awarded a $34.6 million contract for the design and construction of a new facility for berth ready reserve fleet ships on the Neches River near Beaumont, Texas to McCarthy Building Companies, Inc. of Houston. When completed in 2013, the new facility will provide a […]
The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX), the management group that negotiates the master contract for dockworkers on the East and Gulf coasts, ended two days of talks…
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has completed a study which highlights the potential for alternative energy production at airports, including biofuels, solar and wind power.
Swiss WorldCargo on Saturday will start offering increased capacity on daily passenger flights operated between Zurich and Newark, N.J. The carrier’s parent Swiss International Air Lines Ltd. has replaced its leased Boeing 737s with wide-body Airbus A340-300s on the route. “Newark Liberty International Airport is an important cargo gateway in the greater […]
Port Logistics Group, a provider of gateway logistics services, and Coastal Logistics Group, with operations in the Southeast, will partner to extend their geographic reach. The partnership allows the pair to offer logistics services at all major U.S. import and export gateways, the companies said in a statement. Before the partnership, Port Logistics […]
The reforms follow the release of a report that was critical of management, compensation and benefits packages at the agency, as well as oversight of the redevelopment of the World Trade Center following the Sept. 11, 2001 terrorist attacks.
Keppel Telecommunications & Transportation has announced that its subsidiaries have recently secured new joint venture agreements. The first agreement is between Keppel Jilin Logistics Park (Keppel Jilin) and the Jilin City government’s Jilin Sino-Singapore Food Zone Development Co. The pair will jointly develop and operate the Sino-Singapore Jilin Food Zone International Logistics Park […]
enVista, a supply chain consulting firm, will expand its headquarters in Carmel, Ind., by investing $1.2 million to add 10,000 square feet to its offices. The expansion is expected to create up to 96 new jobs by 2016, according to the Indiana Economic Development Corporation (IEDC), a board headed by Gov. Mitch Daniels. […]
The U.S. domestic shipping industry says a recent government report severely underestimates the size of the Jones Act’s tank vessel fleet and its ability to transport petroleum products from the U.S. Gulf to the East Coast.
Crowley Maritime Corp.’s liner services group said Thursday it has reached an agreement with Puerto Rico Teamsters Union Local 901 on a new five-year labor contract covering union employees working at Crowley’s San Juan terminal. The new contract is effective from March 27 through March 26, 2017. Crowley also employs Teamster dockworkers at its […]
PSA International, the Singapore-based global terminal operator, said Friday it secured $1.3 billion in operating profits in 2011, 0.4 percent less than in 2010. The company’s revenue grew 5.8 percent year-on-year to $3.3 billion. PSA’s throughput in 2011 was 57.1 million TEUs, a 5.6 percent increase from 2010. PSA is the world’s […]
COSCO Container Lines slumped to a massive $1 billion operating loss in 2011, the lion’s share of a $1.6 billion group loss for China’s biggest ocean carrier. That was a major swing from the $544 million operating profit for the container lines in 2010.
China Shipping Container Lines suffered a $397.9 million operating loss in 2011, a huge downward swing from the $676.5 million the line made in 2010. China Shipping’s revenue fell 18.9 percent year-on-year to $4.5 billion, while container volume rose 3.2 percent to 7.4 million TEUs. The line, the second biggest in China […]
