International Shipholding Corp. said it has entered an agreement to sell two foreign-flag pure car/truck carriers to Norwegian Car Carriers. The Mobile, Ala.-based shipping company said the transaction is scheduled to close by the end of the first quarter and will generate proceeds of about $73.9 million. It said proceeds will be used to […]
The liner carrier MOL said this week it has appointed a new agent in Romania and the Ukraine. From March 1, MOL has been using Amity Shipping as its representative in the two countries.
Purolator International has appointed Jonathan Routledge to vice president of sales and marketing. He was previously the company’s district manager for the eastern United States. Routledge, a 25-year industry veteran, will assist with Purolator International’s U.S. expansion. He started his logistics career at DHL Express in the United Kingdom. In 2009, he moved […]
RNCOS’ 3rd Party Logistics Market in India report says India has seen a continuous improvement to its logistics infrastructure which has had the effect of making 3PL services perceived as a better way to control internal and external processes.
Aramex, a Dubai-based freight logistics services provider, has formalized its entry into the South Korean economy by signing a service partnership agreement with CJ GLS in Seoul. CJ GLS, set up in 1998, has 74 distribution centers and 25 offices spread across 12 countries in Asia, Europe, and North America. The companies cited the South […]
The U.S. Senate on Tuesday passed a two-year, $109 billion bill reauthorizing Department of Transportation programs for highway infrastructure and safety. The 74-22 vote in favor of S. 1813, the Moving Ahead for Progress in the 21st Century Act (MAP-21) was a rare display of bipartisanship in a legislative body that has had […]
XPO Logistics said it had increased the size of a secondary public stock offering from 6 million to 8 million shares. It hopes to raise $126 million through the sale of shares which have been priced at $15.75. The Buchanan, Mich.-based company said underwriters have a 30-day option to purchase up to an additional […]
Container volume at the nation’s two largest ports took a hit in February, with year-on-year throughput dropping 5.3 percent at Los Angeles and 15.2 percent at Long Beach.
Virginia said it exported a record $2.35 billion worth of agricultural products in 2011, 6 percent more than in 2010, with the top overseas markets in Morocco, China and Canada.
Friedman Corp., a subsidiary of Constellation Software, has announced a business partner program to allow other companies to offer its new set of distribution and logistics applications. The company said the program is for distributors, manufacturers, retailers, and logistics companies to aim at their existing customers. The product suite from Friedman includes […]
The Texas port of Corpus Christi officially started operations this week of six large wind turbines as part of the first phase of its Harbor Wind Farm. The project, which was developed by Revolution Energy on the north side of the Port Corpus Christi Inner Harbor, is one of the first wind farms […]
Welcome to American Shipper’s Global Trade Management Landscape Report co-produced with BPE Global and the ICPA. This study looks at GTM in a holistic sense that in a holistic sense that includes supply chain visibility and finance, in addition to trade and regulatory compliance. This study takes an in-depth look at: Defining holistic GTM Understanding GTM […]
Join this live webinar and hear from representatives from Oracle and GENBAND as well as global trade experts who will discuss; the concept of Integrated Global Trade Management, current trends, issues, challenges and the benefits organizations can achieve by deploying similar strategies. Key topics will include: Implementing a GTM strategy Lessons learned: what to do […]
Freight forwarders CEVA Logistics and Panalpina this week each increased their less-than-containerload service offerings. CEVA expanded its LCL service into Australia via the ports of Sydney, Melbourne and Fremantle. The service is a 16-day trip from Shanghai that also serves Brisbane with cargo clearance at CEVA’s container freight station. This follows new LCL services that […]
U.K. parcel and carrier management service provider Global Freight Solutions (GFS) has added UK Mail and Hermes to its list of partners. GFS, a West Sussex-based company, offers free software for customers to deliver and track more than 5 million parcels each year in the United Kingdom and Ireland. Existing partners include CitiPost, DHL, DPD, […]
The liner shipping company CMA CGM is ending its Black Pearl service, which just began again in January. The Black Pearl was resurrected when CMA CGM joined Mediterranean Shipping Co.’s service, chartering slots between the U.S. East Coast and West Coast South America beginning Jan. 14 in Philadelphia. At that time the service operated with seven MSC […]
U.S. containerized imports fell 3.4 percent year-on-year in February, according to the trade intelligence firm Zepol Corp. The total number of shipments in February fell 2.7 percent from the same month in 2011. Imports by volume declined 17.5 percent from January 2012. “For the past five years, the month of February tends […]
The liner carrier OOCL said Tuesday it plans to raise rates from Asia to Oceania from mid-April. The increase, $300 per TEU, applies to origins in north and east Asia to Australia and all of Asia (except for Japan) to New Zealand. “Currently, freight rates continue to be below the required level […]
Canadian National Railway said Tuesday it has introduced new import/export container train services between the Port of Prince Rupert in British Columbia and Calgary in Alberta.
Vangard Voice Systems and BellHawk Systems Corp. have announced a joint collaboration effort to create a set of voice-directed productivity enhancements to cloud-based warehouse management systems, manufacturing and supply chain management solutions. The partnership will focus on Vangard’s cloud-based mobile voice service built for hands-free voice productivity to mid-sized industrial organizations such as […]
