By Pierce Homer transportation director Moffatt & Nichol As economic activity picks up things that were left undone during the last several years, such as development of a new transportation authorization bill, could become a barrier to recovery in the near term and prosperity in the long term.
The liner carrier Orient Overseas Container Line has made a huge commitment to its operations in Southern California. In late January, the Hong Kong-based line tied up a deal with the Port of Long Beach to pay $4.6 billion over 40 years to lease the to-be-completed Middle Harbor property currently being redeveloped by the port.
Oscar Hasbún, chief executive officer of the Chile-based container shipping company Compañía Sud Americana de Vapores (CSAV), said his firm has sized itself correctly and strengthened its liquidity as the liner industry enters into what looks to be another difficult year. Hasbún told American Shipper in an interview in late January that he was “absolutely optimistic” about CSAV’s […]
The Korean shipbuilder Samsung Heavy Industries is reportedly working on designs for a 13,200-TEU ship that would be able to transit the Panama Canal. Previously, it was thought that vessels of 12,000 TEUs would be the largest to transit the new wider set of locks due to open in 2014.
Exporters in Oregon and southwest Washington are benefiting from Asiana Airline’s new non-stop all-cargo service connecting Portland International Airport directly to Incheon Airport in South Korea, according to port authority officials in Portland. Asiana launched the three-times-per-week service in September using Boeing 747 jets, which first land in Miami and Atlanta.
President Obama signed legislation on Feb. 14 redefining the roles, responsibilities and funding priorities of the U.S. Federal Aviation Administration after more than four years of delay that hindered progress on new fronts. The four-year reauthorization bill will accelerate deployment of a modern air traffic control system, dubbed NextGen, that relies on much more precise satellite-based […]
Old Dominion Freight Line has expanded its Pacific Promise less-than-container load (LCL) service to 10 additional ports in Asia. The ports covered by the wider service include Manila, Singapore, Jakarta, Surabaya, Penang, Port Kelang, Ho Chi Minh City, Bangkok, Phnom Penh, and Busan. The service, launched in China in 2009, now covers 23 […]
In late January, American Shipper surveyed shippers on the transpacific eastbound trade and the results were, as expected, quite enlightening. But perhaps the most intriguing number to emerge from the latest Transpacific Pulse survey was this: shippers who don’t lock in their rates on the trade for the year were five times more likely to have their cargo […]
A third port in southern Georgia could help diversify the state’s marine business by concentrating on bulk cargo such as grains, sands, aggregates and wood pellets, according to a Feb. 16 press release by the Camden County Joint Development Authority, which is promoting the concept. David Keating, the JDA’s executive director, recently briefed […]
For decades logistics software vendors competed more with potential customers’ internal IT departments than with each other. Logistics service providers – particularly non-vessel-operating common carriers and freight forwarders managing containerized ocean freight — only had a choice between two types of implementations: custom-built or installed software from a third party. It was a “black […]
Eighteen years ago Sebastian Stahl was working at a freight forwarder handling what he thought was a routine shipment from the United States, when a couple of days later “I had about 20 young men in my office a couple of days later saying ‘where is my shipment, where is my equipment, where is my […]
On-demand transportation management systems (TMS) are capturing market share as more companies accept Web-based platforms across their entire supply chain. On-demand platforms — otherwise known as software-as-a-service or SaaS — can provide advantages over traditional TMS deployments such as lower initial costs, speedy deployments, and enhanced supply chain visibility. With lower startup prices, companies can […]
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Ports gradually weed out old container-transporting trucks with incentive programs. By Eric Kulisch Agrowing number of ports, following in the footsteps of Los Angeles and Long Beach, have developed voluntary programs to replace older drayage trucks as part of broader efforts to minimize the impact of their operations on local air quality. […]
Shares in the Dutch document and small package delivery company TNT Express rose sharply on Friday, after it rejected an unsolicited acquisition bid from UPS on Friday. Atlanta-based UPS offered 9 euros per share, TNT said, or a total of about 4.99 billion euros ($6.4 billion). On Monday, the stock rose […]
A new initiative to reduce tarmac congestion at Newark Liberty International Airport could improve air cargo reliability for carriers and their customers.
EPA program to reduce pollution from trucks serves as model for sustainability initiatives. By Eric Kulisch The U.S. Environmental Protection Agency’s SmartWay program has been so successful in the over-the-road trucking sector as a platform for sharing best practices and building partnerships to improve environmental performance that industry supporters want to expand it to other parts of the […]
IAG Cargo, which combines British Airways World Cargo and Iberia Cargo, has launched a free iPhone and Android phone application that allows customers to track air freight documented on both carriers’ air waybills. The app gives real-time tracking information on shipments via waybill numbers and barcodes, while also allowing companies to plan their […]
Ex-Im Bank cargo preference rules help American carriers, but raise competitive concerns for shippers. By Chris Dupin Rising U.S. exports and support from some federal agencies, such as the Export-Import Bank, have been accompanied by an increase in the fleet of U.S.-flag breakbulk or multipurpose vessels capable of carrying project cargoes. Carriers […]
Access to the ports of Savannah, Ga., and Charleston, S.C., played a key role in Caterpillar Inc.’s decision to build a new plant in Athens, Ga., the company said Friday. The 1 million-square-foot facility will manufacture small track-type tractors and mini-hydraulic excavators and employ 1,400 people when fully operational. The announcement also underscores the […]
