The liner carrier Hanjin Shipping said Friday it will seek rate increases on the Asia-Europe trade from April 1, joining a chorus of other lines that have announced similar rates hikes. Hanjin’s increases are $400 per 20-foot container and $800 per 40-foot container from the Far East (excluding Japan), Southeast Asia, the Indian Subcontinent, and […]
Blue Tree Systems, a provider of fleet management technology for Europe and North America, and Birmingham, Ala.-based McLeod Software, which focuses on the transportation industry, have announced a combined solution for carriers to monitor trailer location and temperature in real-time. The companies have integrated Blue Tree’s R:COM Trailer Tracking and Temperature Management System […]
Pantos Logistics of South Korea has recently opened its Ssangyong Motor European Parts Logistics Center (SEPC) in the Netherlands. The SEPC is located in Breda near the Port of Rotterdam and will serve Ssangyong by supplying vehicle parts throughout Europe. The warehouse is about 9,400-square-meters and will store roughly 470,000 parts – made from […]
FleetBoard, a European provider of vehicle logistics management systems, will be marketed throughout Ireland by the Mercedes-Benz commercial vehicles devision. FleetBoard’s fleet management system is supported by pre-installed hardware on the new Mercedes-Benz Actros, a heavy duty truck first introduced by Mercedes-Benz in the early 1990s. FleetBoard will tailor its three main services […]
The liner carrier CMA CGM said Thursday it plans to continue increasing rates on the Asia-Europe trade in both directions. On the westbound headhaul, the line will seek rate increases of $408 per 20-foot container and $806 per 40-foot container through a mix of increased or added surcharges and an “emergency revenue increase” of $300 […]
The liner carrier Mediterranean Shipping Co. said this week it plans to hike rates from the Mediterranean to the United States on two occasions in the coming months. The first increase, on April 1, is $240 per 20-foot container and $300 per 40-foot container. The second increase, on July 1, is $280 per […]
The logistics and forwarding arm of the A.P. Moller-Maersk Group has appointed Martin Sieg, formerly of German logistics company SDV Geis, as global head of ocean freight.
Construction has begun on a new large port near Lamu island in southeast Kenya. The AFP wire service said Kenyan President Mwai Kibaki, Ethiopian Prime Minister Meles Zenawi and South Sudanese President Salva Kiir were on hand Friday to mark the official start of the $24.5 billion project that will include a railroad and […]
Following March 1 increases in rates by many lines, today’s World Container Index for Shanghai-Rotterdam rose from $1,276 per 40-foot container on Feb. 23 to $2,372 per 40-foot container, a jump of 114%.
A group representing U.S. shipping companies is expressing concern that if President Obama allows the Strategic Petroleum Reserve (SPR) to be tapped that the oil industry may once again try to move much of the oil using foreign vessels. American Maritime Partnership (AMP), a broad-based coalition representing U.S.-flag vessel operators, maritime unions, and allied […]
The union that represents pilots who work for UPS asked Transportation Secretary Ray LaHood to press their employer to voluntarily adopt a new FAA rule on pilot fatigue when he meets with UPS executives today. Robert W. Travis, president of the union, said in a letter to LaHood that “UPS has indicated, at […]
The master and second officer of the container ship Rena pleaded guilty on Wednesday to 10 out of 11 charges made against them following an investigation into the ship’s grounding off New Zealand on October 5 last year.
The NVOCC CaroTrans has begun offering a weekly fixed-day LCL export service from Charleston to South Africa. The service, which began in February, offers a transit time of 25 days to Durban, 30 days to Johannesburg, and 32 days to Cape Town. The service will feature broad coverage to all South African ports […]
Rickmers-Linie, the Hamburg based operator of heavy lift and project liner services, said it is expanding its market coverage in China and is enhancing its sales and marketing activities in Central China and Southern China. Wolfgang Harms, Rickmers-Linie’s chief representative Greater China, said moving closer to major industrial production facilities and engineering, procurement and […]
A new service has been launched by four companies, Stonetrans, Rickmers-Linie, Antwerp Breakbulk Agencies and DP World Breakbulk, to ship rough blocks of granite and sandstone from India to Antwerp. Rickmers, which upgraded its Indian service with the addition of new vessels in 2011, will take care of the ocean transport. Five new […]
The containership leasing company Seaspan said it had a $23.5 million profit in the fourth quarter of 2011 compared to $141.6 million in the same 2010 period. Revenue was $155.2 million in the fourth quarter 2011 compared to $117.9 million in the same 2010 period. But adjusted EBITDA was $118.4 million in the fourth […]
Zim said it would impose a general rate increase of $475 per TEU on April 1 on all westbound cargo from Asia moving to North Europe, the West/ East Mediterranean (including Israel) and Black Sea region. It said the increase was needed “to maintain our current levels of service and high reliability.”
U.S. trucking volumes fell back sharply in January. The American Trucking Associations’ preliminary truck tonnage index of for-hire fleets dropped 4 percent to 119.4 in the first month of 2012 after advancing 6.4 percent, to a record 124.4 in December. The index is based on a survey of member companies and is adjusted to […]
Jeff McCorstin has been named vice president of international air and ocean freight transportation services at UPS. He will succeed Bob Noonan, who played a key leadership role in the successful integration of Fritz Companies after UPS acquired that company in 2001 as well as the growth of freight forwarding within the UPS […]
The U.S. economy grew faster than previously thought in the fourth quarter of 2011. According to the U.S. Department of Commerce’s revised forecast, Gross Domestic Product increased 3 percent during the three months ended Dec. 31, up from 2.8 percent in its preliminary estimate, on the strength of consumer and business spending. The Bureau […]
