The Secor Group, a Washington-based logistics services firm, has appointed Lisa Beranich as vice president of business development in its Government Services division. Previously, she was with the Graebel Cos. and Move Management, Inc., where she was involved with federal government clients like the State Department.
Research and Markets has added John Wiley and Sons’ Handbook of Integrated Risk Management in Global Supply Chains to its offering. The book aims to be a primary reference for research on integrated risk management, modern applications, and management best practices. “The set of the normal business risks is expanded as firms are now often facing […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service is seeking comments on a proposal to complete efforts to modernize the country’s import rules related to bovine spongiform encephalopathy (BSE), or “mad cow” disease.
A WTO Appellate Body rejected claims that the United States provided massive trade-distorting subsidies to Boeing and affirmed a dispute settlement panel’s March 2011 finding that most of the programs challenged by the EU were not subsidies.
Inchcape Shipping Services has announced a three-year plan to expand its logistics and supply chain business in Canada. “Economic stability in Canada, a rich resource base, a safe banking system and Ottawa’s business friendly fiscal policy makes Canada an attractive region for expansion,” said Claus Hyldager, the group chief executive officer of ISS. The Canadian operation will […]
The Alliance Norfolk, carrying autos and military equipment, was caught in a heavy storm off Malta with 70-knot winds and heavy swells when cargo on its main deck broke loose and a fire began on Saturday night, local time.
Columbia Coastal Transport is improving its coastal container-on-barge service between Norfolk, Va., and Baltimore by doubling the frequency of service to two sailings per week and adding a weekly call in Philadelphia. “We want to provide our customers with more flexibility in these ports by increasing weekly sailings and expanding service into Philadelphia,” said Bruce […]
The liner carrier Mediterranean Shipping Co. said this week it is increasing rates on European exports to the Far East, West Africa and the Caribbean. The increases are: $50 per TEU from Europe to the Far East from April 1. $75 per 20-foot container and $150 per 40-foot container from Northern Europe to […]
The liner carrier Hamburg Süd said Monday it plans to raise its U.S Gulf Coast export rates to the east coast of South America from April 15. The increases are $150 per 20-foot container and $300 per 40-foot container.
The marine terminal operator and stevedore contractor Metro Ports has appointed Troy Gouger to general manager of West Gulf operations. Gouger joined Metro Ports from Ceres Gulf, where he worked for more than a decade and served most recently as its general manager of the West Gulf. Gouger began his career with Fairway Terminal Corp. […]
Buchanan, Michigan-based XPO Logistics has initiated a public offering of 6 million shares of its common stock, subject to market and other conditions. XPO said it expects to grant the underwriters a 30-day option to purchase an additional 900,000 shares of common stock. Morgan Stanley & Co., Deutsche Bank Securities, and Jefferies & Co. are […]
A potential strike by mechanics, baggage handlers and cargo agents against Air Canada is on hold after Canada’s labor minister, Lisa Raitt, referred the labor dispute, and another one involving the pilots’ union, to the Canadian Industrial Relations Board. Last week, the International Association of Machinists and Aerospace Workers union announced plans for workers […]
COSCO Container Lines said it will seek rate increases on the trade from the Far East to the Indian Subcontinent from April 15. The increase is $400 per TEU and applies to freight moving from China, Hong Kong, Taiwan, Macao, the Philippines, Vietnam, Thailand, Malaysia, Singapore, Indonesia, Korea, Brunei, Cambodia, Myanmar and Bangladesh […]
Calls at Kaohsiung and Keelung are new, while American Shipper affiliate ComPair Data notes that a week on the 35-day rotation will be spent shuttling boxes between Singapore and the Malaysia ports of Tanjung Pelepas and Kelang.
By Eric Kulisch Thompson Coburn LLP said it hired Jonathan Benner as a partner to head the law firm’s Maritime Regulatory and Ports Practice within its large Transportation and International Trade Group. A former general counsel at the Federal Maritime Commission, Benner most recently worked as a partner at Reed Smith. He also […]
Asda, a U.K. supermarket chain and subsidiary of Wal-Mart, has selected the supply chain technology service of ediTRACK to manage the franchises for its fashion and clothing brand, George. ediTRACK’s software-as-a-service (SaaS) platform will show inventory at distribution hubs and container freight stations from the United Kingdom to China and the Middle East, updating each product’s progress along […]
All-cargo carrier AirBridge Cargo Airlines (ABC) has started a new service from Hannover airport in Germany to Beijing via Moscow. The new weekly Boeing 747-400 freighter service will primarily transport engineering and automotive parts from the industrial region in North Germany to the Far East. ABC said freight forwarder Kuehne + Nagel will […]
Orient Overseas (International) Ltd., the parent of the container line OOCL, said Monday it had operating profits of $183.6 million in 2011, a huge decline from the $922.9 million the company made in 2010. Revenue in 2011 was $6.01 billion, close to the $6.03 billion recorded in 2011. OOIL said it had a profit of […]
Standard & Poor’s Rating Services lowered its ratings on the French container shipping company CMA CGM on Friday. “The downgrade reflects CMA CGM’s significantly lower than forecasted operating profits in 2011 and the revision of our assessment of the company’s liquidity profile to ‘weak’ from ‘less than adequate,’” said S&P, giving its rationale for […]
The network includes eight weekly services in the Asia-North Europe trade and four on the Asia-Med trade. The lines said the majority of the fleet operated on the 12 loops range from 8,000 TEUs to 13,000 TEUs.
