Shippers react to the FMC report about the impacts from the 2008 repeal of an exemption for liner companies from EU competition law.
Maersk Line said this week it plans to increase rates between Asia and several Americas regions from March 15. The increases are: From the Far East to the east coast of South America, $600 per TEU. From the Far East to the Caribbean (including Colombia and Venezuela, but excluding Cuba and the […]
An MOL containership has collided with a COSCO Container Lines vessel, according to a notice from the Japanese line. The collision occurred between the 6,724-TEU MOL Maneuver and the COSCO Zhen He while southeast of Hong Kong at 5:45 p.m. on Feb. 22. “None of the crew was injured and no oil […]
Maersk Line will start a new transatlantic service next month by taking space on a New World Alliance string announced last month. Maersk’s TA5 will have a rotation of Manzanillo (Panama), Charleston, New York, Rotterdam, Bremerhaven, Felixstowe, New York, Charleston, and Manzanillo. Maersk said the service will offer an attractive eight-day transit time both eastbound […]
The liner carrier OOCL said Wednesday it is starting a new China-Vietnam-Thailand service to be jointly operated by intra-Asia carrier Regional Container Lines (RCL). The service, which OOCL will call CBS, will have a rotation of Bangkok, Laem Chabang, Ho Chi Minh City, Ningbo, Shanghai, Laem Chabang, and Bangkok. It will be […]
The liner carrier Mediterranean Shipping Co. said Wednesday it will add a call in Rotterdam in March on a transatlantic loop it offers. The line’s North Atlantic service will have a revised rotation of Boston, Philadelphia, Baltimore, Norfolk, New York, Bremerhaven, Felixstowe, Rotterdam, Antwerp, Le Havre, New York, and Boston from March 21. […]
Rockford Solar Partners, a renewable energy development joint venture between Elgin, Ill.-based Wanxiang America and New Generation Power in Chicago, received both U.S. Energy Department and Federal Aviation Administration environmental approval to start building the country’s largest commercial airport-based solar farm to be located at the Chicago Rockford International Airport. Rockford airport was […]
The U.S. Transportation Department has awarded a $54.6 million loan to Kansas City Southern Railway Co. to buy 30 new General Electric ES44AC locomotives. These diesel-electric locomotives, built in Erie, Pa., will help KCS meet increasing economic demand, and are more energy-efficient and produce significantly less carbon emissions than the locomotives they […]
Teletrac, a provider of fleet management services for the trucking sector, has integrated its Fleet Director GPS and vehicle tracking system TruckMate with an enterprise transportation service from TMW Systems. The interface will provide customers using both systems with a seamless integration for two-way communications between dispatchers and drivers, along with real-time […]
Check Freight Broker (CFB), a free freight matching site, has integrated its funding technology platform, Freight Payable Systems, to allow users to request fuel advances and prompt freight bill payment direct from the site. With the integration of Freight Payable Systems, CFB has become one of the few completely free load boards, […]
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 […]
Echo Global Logistics said it had a profit of $3.5 million in the fourth quarter of 2011, a 33.4 percent increase over the $2.6 million earned in the same 2010 period. Revenue in the quarter was $162.9 million, 43.1 percent higher than in the same 2010 period. The Chicago-based company said that for […]
The international transport and logistics company cargo-partner has appointed Rakesh Suri as its new managing director India. Suri was most recently chief operating officer at Hellmann Worldwide Logistics India, and prior to that, director and COO of HTL Logistics India. Germany-based cargo-partner specializes in forwarding (including transportation and warehousing) for complex cargo […]
The container line APL lost $446 million from continuing operations in 2011, nearly wiping out the $492 million in operating profits the line made in 2010. APL’s losses were reported Wednesday by Singapore-based parent company NOL.
Cheetah Software Services, a provider of information technology, has delivered the next version of its mobile application to Ward Transport and Logistics, a regional trucking company. Running on the Android platform, Cheetah Mobile connects field workers with dispatch, customer service, management, and customers through two-way messaging, dynamic ETA updates, and POD verification. […]
The number of Industry Integration Centers for Excellence and Expertise within U.S. Customs devoted to centralizing the import process for trusted shippers could double to four this fiscal year, Acting Deputy Commissioner Thomas Winkowski recently said. Customs and Border Protection last fall established two Centers of Excellence and Expertise (CEE) – one in […]
The advisory and research company Drewry said shippers should expect reliability levels to fall as rates rise, if recent research is an indicator. “When rates have been good for carriers, reliability has been below par, while the two best on-time results have occurred in periods when prices have been on the floor,” […]
The announcement followed the completion over the President’s Day weekend of work by the United States and South Korea to review each other’s laws and regulations related to the implementation of the agreement.
The containership chartering firm Danaos recorded profits in the fourth quarter and full-year 2011, compared to losses a year earlier, but the company’s chief executive officer said the charter market for containerships is in “breakeven mode.”
U.S. Customs and Border Protection published a notice of proposed rulemaking that would make substantial changes to the way imported merchandise is transported inland under a bond.
