Jorge Luis Quijano will be the new canal administrator, succeeding Alberto Alemán Zubieta who has been the head of the canal authority for the past 16 years and whose term ends Sept. 3.
President Obama proposed the creation of a network of up to 15 regional institutes for manufacturing innovation that would help manufacturers with investment and other start-up needs for domestic production.
The U.S. military’s Transportation Command said it is extending contracts with six operators of U.S. flag ships: Maersk Line Ltd., American President Lines Ltd., Farrell Lines, American Roll-on, American Roll-off Carrier, Liberty Global Logistics, and Hapag-Lloyd USA. The modifications will extend the period of performance under the Universal Services Contract-6 Program for an additional […]
Construction of a bonded cultural free trade zone near the Beijing Capital International Airport in the city’s northeast Shunyi district began early Sunday, according to local media. The project will be funded by the Beijing Tianzhu Free Trade Zone and Beijing Gehua Cultural Development Group and will include a 510,000-square-meter Beijing Free Port of […]
Atlanta-based PrimeRevenue, which provides a software-as-a-service (SaaS) platform for global supply chain finance, has selected Raghu Rajah as its new chief technology officer. Before joining PrimeRevenue, Rajah founded a social media startup called KissRocket that provided a production platform to entertainment companies. Prior to that, he was vice president of product development and engineering for […]
As part of its “Powerfully Simple” supply chain planning service, ToolsGroup announced its first outsourced service that gives optimized inventory targets to companies, allowing them to manage and respond to changes in demand. ToolsGroup, a provider of supply chain software, said the goal of this tool is to help companies collect detailed demand data […]
Saltchuk Resources has promoted Anthony Chiarello to president and chief executive officer of TOTE, which has operations in maritime, logistics and ship manangement.
Cathay Pacific Airways and sister airline Dargonair saw cargo volume rise 0.8 percent year-on-year in February. The Hong Kong-based airline handled 117,880 tons of cargo during the month, though its load factor fell 1.8 percent, to 65.8 percent, thanks to a 4.7 percent rise in capacity. Year-to-date, volume has declined 10.4 percent, […]
Australian Rail Track Corp. (ARTC), the government-owned operator of Australia’s freight rail network, has begun replacing its older communications systems used on 704 privately owned trains in hopes to remove a hinderance to interstate shipping. The new system, based on Telstra’s Next G network, will unify the six UHF and VHF radios that were […]
Radiant Logistics, a third-party logistics services provider, announced it has completed the acquisition of Isla International. The transaction, which officially closed in December 2011, is valued at up to $15 million, plus an undisclosed amount related to closing working capital. Caltius Mezzanine provided $10 million in subordinated debt in support of the transaction. Including […]
The agency announced it will hold its first Trade Symposium event this year on May 10 at the Long Beach Convention Center in Long Beach, Calif.
Advanced Distribution Solutions Inc. (ADSI), a provider logistics management applications, has begun to expand its sales organization to keep up with growth in the southern and western United States. Robert Fischer, ADSI’s president and chief executive officer, said the expansion will help it keep up with increasing demand for multi-carrier shipping systems and supply chain visibility […]
Ocean carriers RCL and MOL are to launch a new feeder loop called SYX between Yangon, Myanmar, and Singapore beginning March 17. According to MOL, two vessels will be provided by RCL and a third by MOL to offer two sailings per week with a 10.5 days roundtrip. MOL said the service […]
The ocean carrier Delmas, a subsidiary of CMA CGM, has ended its Mediterranean-West Africa Maltex service. The Delmas-operated service, on which parent CMA CGM took slots, was downsized in January to running with a single vessel of 1,512 TEUs at a frequency of 15 days. Prior to this reduction, Maltex ran with three vessels averaging […]
Accellos will soon release its new third party logistics service AccellosOne 3PL for Microsoft Dynamics. AccellosOne 3PL automates various functions for logistics services providers, including warehouse management, configurable business processes, activity billing and costs, performance management, and external visibility of information. “The 3PL industry had another solid growth year in 2011 as companies across the […]
IAG Group, the holding company formed in January 2011 with the merger of British Airways and Spanish airline Iberia, is folding together the cargo operations of the two airlines to create a single business unit that can offer better service, David Shepherd, director of IAG Cargo, recently said. The company has started to integrate the […]
Japanese liner carrier MOL, which recently announced a plan to begin publishing key performance indicators for its operations, environmental, and safety, said its U.S. subsidiary, MOL America, will supplement that effort by publishing a wider array of statistics detailing how the company is doing in areas such as customer service, electronic data interchange, and U.S. […]
Ocean carrier STX PanOcean will add a fourth vessel to its average 2,700-TEU KMS intra-Asia loop linking South Korea, China and Port Kelang, Malaysia, increasing the roundtrip voyage time to 28 days weekly. Additional calls at Shanhai – both northbound and southbound – will be made, but a northbound call at Hong Kong will be […]
The member carriers said they “received strong support from labor, the WUT Terminal management, and Port of Tacoma who have all committed to make the service an attractive option for the shipping public.”
The Obama administration on Wednesday opened two inter-agency fusion centers to coordinate how the U.S. government administers the system for controlling exports of products with military or dual military and civilian applications. The reorganization is part of President Obama’s two-year initiative to reform antiquated licensing procedures so U.S. companies can more easily sell technology […]
