In its latest SeaIntel Sunday Spotlight newsletter, research shows there can be a 40 percent difference in on-time rates among carriers in the same alliance or vessel-sharing agreement.
The new container drayage operation will strengthen Old Dominion’s network in California, which includes a drayage facility in Los Angeles and 12 LTL service centers across the state, said the director of container operations.
The liner carrier Mediterranean Shipping Co. is planning to hike rates from Asia to the east coast of South America from mid-April. The increase, $500 per TEU, is applicable from April 15 on Asia export cargo.
Deutsche Shipping, Deutsche Bank’s shipping finance division, said it increased loan commitments by one-third in 2011 approving loans of 1.6 billion euros ($2.1 billion) compared to 1.2 billion euros in 2010, despite persisting market difficulties. Ralf Bedranowsky and Simon Booth, global co-heads of Deutsche Shipping, said loan commitments expanded particularly in the growth market of […]
The port authority on Friday submitted to federal officials a formal request that a project to raise the roadway of the Bayonne Bridge be considered for expedited review under President Obama’s executive order on permitting and federal review.
SATO, a provider of barcode printing, labeling, and radio frequency identification device technologies, will acquire Achernar, a privately held firm based in Buenos Aires. Achernar, founded in 1971, is one the region’s largest providers of adhesive labeling services to industries including food, cosmetics, electronics and postal services. SATO said the acquisition is part of a larger plan to expand […]
The U.S. Trade and Development Agency awarded a $571,458 grant to Morocco to support a feasibility study to improve safety and security at the Port of Casablanca. The grant was specifically issued to Marsa Maroc, a major port operator in Morocco. The Moroccan government is planning to invest $360 million to modernize the port infrastructure […]
Hugo Boss, a German fashion provider, has partnered with DHL Supply Chain to improve its logistics operations in Mexico. DHL Supply Chain, a sister-company to Exel, will provide inventory management, labeling and packing shipments according to the specifications of Hugo Boss clothing retailers, as well as reverse logistics processing of items that are returned at […]
Compagnie Maritime Belge (CMB), an Antwerp, Belgium-based dry bulk vessel operator, has acquired the assets of Delphis. Delphis is a subsidiary of SAVERCO, one of CMB’s reference shareholders. The acquisition will include a 50 percent participating interest in the joint venture company Ocean Capes Ltd., owner of the cape-size vessels Mineral Subic, […]
International Terminal Systems Ltd. (ITS) has hired Allan Jones as its new head of business development. He has a background in maritime and logistics technology. At ITS, Jones will focus on expanding the company’s base of maritime and logistics customers.
The Chamber of Shipping of America presented its Halert C. Shepheard Award to Vice Adm. Brian M. Salerno, deputy commandant for operations at the U.S. Coast Guard, last week during the Connecticut Maritime Association’s Shipping 2012 conference. The award recognizes an individual who has made exceptional contributions to merchant marine safety, security or environmental protection.
It has yet to be decided which carriers will deploy ships on a new Japan-U.S. West Coast service to be started by the Grand Alliance and Hanjin Shipping, as reported by American Shipper on March 20. The five-ship loop is due to start from May 10, and Hanjin will be taking slots on the […]
The Agriculture Transportation Coalition (AgTC) said Thursday it has prepared a certificate of origin for agriculture products for use on shipments to South Korea now that a free trade agreement between the United States and South Korea has kicked in.
Good360, a company that focuses on philanthropy efforts, opened its new national sorting and distribution center in Omaha, Neb. The nonprofit consolidated several warehouses where it stores and sends product donations for thousands of charities into the new Omaha facility. Goods were previously stored in 12 cities in the United States and Canada. […]
The Memphis, Tenn.-based express carrier said it had profit of $521 million in its third fiscal quarter ending Feb. 29, up 126 percent from the $231 million earned in the same period a year earlier.
Choice Logistics, a provider of critical service parts logistics, has hired Robert Andrews as its new vice president of global field operations. Andrews, who has worked with logistics operations in a handful of countries, will focus on expanding the company’s overseas operations. More than 75 percent of Choice’s current clients have international service requirements and more […]
Smiths Detection has named Sal Cipres its new head of global programs, overseeing the company’s work in transportation, military, ports and borders, emergency response and critical infrastructure markets. Cipres was formerly general manager of Smiths’ Edgewood, Md. facility and director of global chemical and biological programs. Smiths develops government-regulated technology products that help […]
The U.S. Coast Guard will publish Monday a new rule establishing a standard for the allowable concentration of living organisms in ship ballast water that is discharged into U.S. waters, Christina McDonald, associate general counsel of regulatory affairs at the Department of Homeland Security said yesterday at the American Bar Association’s Homeland Security Law conference in […]
The liner carrier Mediterranean Shipping Co. on Wednesday said it would begin immediately charging a no-show fee on bookings that failed to materialize on the eastbound Asia-Europe trade.
The Long Beach, Calif.-based supply chain company UTi Worldwide said profit for the fourth quarter ending Jan. 31 was $12.4 million, compared with $14.5 million in the same period a year earlier. Revenue was $1.15 billion, up less than 1 percent. However Chief Executive Officer Eric W. Kirchner said on an “adjusted basis,” operating profit grew […]
