Kerry Logistics has completed its acquisition of Kerry Salvat Logistics S.A., its former Spanish joint venture. The Hong Kong-based 3PL has purchased the remaining shares of the venture from its partner Salvat Logistica, S.A. The companies did not disclose financial terms. Kerry said that Spain has been a key market for it since 2005. Volumes […]
INTTRA, the ocean-carrier owned e-commerce platform, has reported a 24 percent increase in the use of its global e-commerce facility for the containerized shipping industry. INTTRA expects its transaction growth to be almost four times the 2011 industry volume growth when looking at Drewry Maritime Research’s projected 2011 global container growth of 6.5 percent. In 2011, INTTRA […]
Homeland Security Secretary Janet Napolitano made an unprecedented phonecall to the Commercial Operations Advisory Committee on Tuesday to affirm her commitment to the transformation underway at U.S. Customs designed to facilite cross-border trade.
The ocean carrier Mediterranean Shipping Co. has announced in a newsletter on its Chile Website a series of changes to its hub and spoke network in the Americas based on Cristobal and Balboa. Most importantly it has terminated its USEC-WCSA service beyond Cristobal (on the Caribbean side of the Panama Canal). This loop, on […]
U.S. scrap steel importers have told the Office of the U.S. Trade Representative that a combination of export taxes and recent export port constraints imposed by the Russian government will curtail their access to this market, contravening WTO rules.
Rickmers Holding has hired Mark-Ken Erdmann as deputy chief financial officer effective July 2012, the Hamburg-based carrier said. Edrmann is joining Rickmers, which operates several different cargo vessel divisons, from Bertelmann, a German multinational media company. For Rickmers, he will be responsible for accounting and controlling, tax, IT, human resources, legal affairs, […]
The Caribbean Shipowners Association said Thursday it is increasing the terminal handling charges its lines assess on shipment through Trinidad. The revised THC will be $169 per container from March 25. CSA members lines are Bernuth, CMA CGM, Crowley, Seaboard Marine, SeaFreight, and Zim. The CSA lines also said they will also […]
The U.S. Justice Department said seven people were arrested on charges of trafficking in endangered black rhinoceros horn over the past week in Los Angeles, New York, and Newark, N.J. Special agents of the Fish and Wildlife Service and Immigration and Customs Enforcement (ICE) made the arrests and have issued search warrants in […]
SAP will look at people as a new human social element going forward, thanks to its $3.4 billion acquisition of SuccessFactors, which focuses on cloud-based applications, and the integration of Yammer’s notification and messaging tools that show updates from business suite applications like HR, ERP and CRM. The SuccessFactors software will be […]
New York State’s Department of Environmental Conservation (DEC) said Thursday it will modify ballast water treatment rules that shipping executives said were unachievable with current technology. Had the standards gone into effect next year as originally scheduled, advocates for the industry said ships calling the Port of New York and New Jersey or using […]
The Canada Transpacific Stabilization Agreement member lines said Thursday they are amending their currency adjustment factor from April 1. The eastbound CAF will be 7 percent from all Asia origins, including China and Japan. CTSA members are APL, COSCO Container Lines, Evergreen Line, Hapag-Lloyd, Hyundai Merchant Marine, “K” Line, NYK Line, OOCL, Yang Ming, and […]
Maersk Line said Thursday it plans to increase rates on the Asia-Europe trade from April 1. The increase, $400 per TEU, applies to all Asian ports and all Northern Europe and Mediterranean destinations. “In order to continue offering our broad portfolio of services and high level of reliability it will be […]
CMA CGM said it plans to raise rates on several trades from Asia and the west Mediterranean in March. The proposed increases are: From Asia to the Middle East, $500 per TEU from March 1 From Asia to Sri Lanka, Pakistan, and western India, $150 per TEU from March 1 and another […]
The liner carrier Mediterranean Shipping Co. said Thursday it plans to hike ocean freight rates on the eastbound transatlantic trade from April 1. The increase is $150 per TEU from U.S. and Canadian ports to Northern Europe (including Scandinavia and the Baltic region) and the west Mediterranean. MSC said the increase is […]
A Grand Alliance/Hamburg Süd transatlantic service will begin using a new terminal in the Port of New York/New Jersey from mid-March, the German line said in a notice Thursday. The carriers’ ATX service will cease calling at the New York Container Terminal and move to the Global Marine Terminal in Jersey City. The […]
Waitrose Limited, a division of the British retailer and worker co-operative the John Lewis Partnership, has begun fining small delivery businesses in its supply chain £60 (US$95) for every late delivery to its chain of supermarkets in the UK. Waitrose has more than 240 branches across the United Kingdom and secures just above […]
Ellen McClain has been appointed deputy assistant secretary for transborder policy at the Department of Homeland Security, officials announced Tuesday. She previously was acting chief of staff in the Office of Policy Development. McClain brings to her new post years of experience dealing with trade issues as a customs lawyer in […]
Accellos’ load and route optimization software has been integrated with SBI Software’s agricultural ERP to minimalize routes, increase load capacity, and reduce costs for growers. Accellos, a provider of supply chain execution software, said the partnership has created a new integration that was specifically built to help growers and garden centers manage their […]
AgileShip SE is a web-based transportation management system (TMS) from the Agile Network, an organization of experienced transportation solution experts. The AgileShip app offers mail, parcel, and freight services in a unified setting which may be cost prohibitive for small businesses to develop on their own. The new app is a multi-modal shipping […]
IES, a provider of global transportation software solutions, has paired with freight forwarder and logistics provider Fracht to help that company continue its expansion. Fracht has become more global with the opening of Fracht Canada Freight, and the company said its growth in the area is due to customized services. Fracht said that […]
