Damco, the logistics arm of A.P. Moller-Maersk, has launched a new supply chain service that it says will more efficiently deal with continual changes on the demand and supply side of logistics management. Damco’s Dynamic Flow Control allows supply chain managers to continually re-plan shipments and redefine what is the most important aspect of the shipment, such […]
The U.S. Transportation Command announced Tuesday the appointment of Maj. Gen. Thomas J. Richardson to commanding general of the Military Surface Deployment and Distribution Command (SDDC). He replaces Maj. Gen. Kevin A. Leonard, who retired after 33 years of service. Richardson has served in a variety of command and staff positions during […]
Franklin, Mass.-based Barrett Distribution Centers, a family owned third-party logistics company, has chosen Scott Hothem as its new senior vice president of customer solutions. Hothem has held senior leadership positions with Matson Integrated Logistics (which acquired Pacific American Services while Hothem was president), Circuit City Stores, Merisel, Arvato and Bertelsmann AG. Barrett operates […]
Menlo Worldwide Logistics, the logistics subsidiary of Con-way Inc., has appointed two new directors in its South Asia organization. The company has named Victor Loo as director of operations and Kelza Phang as director of human resources. Loo is now responsible for developing Menlo’s warehouse offerings in Singapore, Malaysia, and Thailand, while […]
From April 11, CMA CGM will join as an operator a seven-ship Brazil-focused loop with Mediterranean Shipping Co. and CSAV and will also take slots on an MSC service to the River Plate region.
As previously announced, the liner shipping companies Zim and Mediterranean Shipping Co. have now merged their two services between the U.S. Gulf and ECSA. The new joint service, combining Zim’s SAX loop with MSC’s String 2 service, began with the March 27 sailing of MSC Korea from Houston and will operate with seven vessels averaging 2,987 TEUs. MSC provides five of […]
Dissatisfaction with the way funds are collected and distributed for port and waterway projects bubbled to the surface during a House Water Resources and Environment Subcommittee hearing Tuesday on the proposed 2013 budget for the Army Corps of Engineers. Rep. Grace Napolitano, D-Calif., complained the budget was unfair to the Port of Los Angeles and […]
Cathay Pacific Airways on Wednesday said it has started a new twice-weekly freighter service to Zhengzhou, the capital city and principal commercial hub of Henan Province in Central China. The service is intended to further boost the airline’s cargo profile in inland China, following the launch of services to Chengdu and Chongqing in the […]
The liner carrier Mediterranean Shipping Co. said Wednesday it plans to raise rates on U.S. East Coast export shipments to the west coast of South America. The increases are $150 per 20-foot container and $300 per 40-foot container to west coast South America ports, excluding Cartagena, and $100 per 20-foot container and $200 […]
The Singapore-based shipping and logistics company NOL Group on Wednesday named Olivier Lim to its board of directors. Lim is chief investment officer at Singapore’s CapitaLand Limited and will join the board April 12. He spent six years as CapitaLand’s chief financial officer before becoming chief information officer in early 2012. Before that, he […]
FedEx Trade Networks, the freight forwarding arm of FedEx Corp., has opened three new U.S. offices as part of its ongoing expansion initiative. The offices are located in Phoenix, St. Louis, and Milwaukee. “By increasing our U.S. office network, we can continue to offer customers a wider variety of solutions and routing […]
Page International, a Savannah, Ga.-based logistics provider, has promoted Jackie Johnson to director of exports. She started with Page in 2003 in the ocean export bookings and traffic department, and for the past six years was ocean export manager. In her new position, Johnson will be responsible for the oversight and direction of […]
Congress is moving closer again to the brink of a partial government shutdown as lawmakers failed to make progress Monday on a short-term extension of authority to run surface transportation programs and collect fuel taxes.
“Weak credit quality, challenging capital market conditions, and reduced access to government-guaranteed loans likely will increase the cost of funding new vessels and retrofitting old ones to meet upcoming environmental regulations,” S&P said.
The liner carrier Hapag-Lloyd plans to increase the fuel surcharge it assesses on the trade from Europe to Asia, effective April 16. The German line said the increase is “due to the substantial increase in bunker prices” and has dubbed the increase an “interim fuel participation factor” (IFP). The IFP will be […]
The liner carrier Hanjin Shipping said Tuesday it has taken delivery of its biggest ever containerships, the 13,100-TEU Hanjin Sooho and Hanjin Asia. The ships are the first two in a series of nine to be delivered by Hyundai Heavy Industries and will go into service on the Asia-Europe trade in April. The […]
A Government Accountability Office (GAO) investigation found that counterfeit military parts remain readily available from Chinese companies for use in U.S. weapons systems. The congressional watchdog agency set up a fake Internet company as part of a sting operation against counterfeit goods. Chinese sources represented 84 percent of the bids the fake company received. GAO said the findings conclude that China […]
AmerisourceBergen Corp. announced plans to buy World Courier Group of Stamford, Conn., for $520 million, which follows MNX’s acquistion three weeks ago of Columbus, Ohio-based AirNet.
Horizon Lines said it has an agreement with more than 96 percent of its noteholders to further de-leverage its balance sheet in connection with and contingent on a restructuring of the vessel charter obligations related to the company’s discontinued transpacific service. Stephen H. Fraser, president and chief executive officer, said “we believe these additional steps will […]
House lawmakers have differing opinions about the potential need for federal intervention to keep trade flowing if growing labor tension between terminal operators and ILA workers on the East and Gulf coasts leads to a strike.
