The chartered container ship Green Wave departed McMurdo Station, Antarctica on Feb. 25 after delivering more than 6.8 million pounds of supplies.
After only a one-month slow-down, ocean carrier Maersk Line has resumed a six-week round voyage time on its FM3 service between Asia and the Indian Subcontinent. American Shipper reported Jan 19 that the loop had slowed to seven weeks, with transit times eastbound to Asia from the Indian Subcontinent increasing by about seven days […]
The Federal Aviation Administration on Monday proposed to substantially raise the qualification requirements for co-pilots who fly for U.S. passenger and cargo airlines. The draft rule is part of a broader notice of the agency’s intent to beef up pilot training standards and improve aviation safety. The notice of proposed rulemaking, to be […]
Transit times northbound from West Africa to Asia on the FEW2 have increased significantly as vessels slow steam in 25 days between Walvis Bay, Namibia and Maersk’s regional mega-hub in Tanjung Pelepas. Southbound the transit is 16 days.
The liner carrier Mediterranean Shipping Co. said Tuesday it plans to raise rates on the eastbound Asia-Europe from April 1. The increase, $400 per TEU, is applicable to origins in Japan, Korea, China, Hong Kong, Taiwan, Singapore, Indonesia, Thailand, Vietnam, Malaysia, and Bangladesh, and destinations in Northern Europe, Scandinavia, Baltic, West Mediterranean, Adriatic, […]
South Carolina Gov. Nikki Haley vetoed a resolution Monday that would have suspended the authority of a South Carolina state agency that last year granted a key permit needed as part of the plans to deepen the Savannah River. The permit was approved by the state’s Department of Health and Environmental Control (DHEC) board in November, […]
The new location at Toronto will handle shipments in and out of the provinces of Ontario and Quebec, working with the company’s Canadian partner Concord Transportation.
Centurion Cargo, which focuses on Latin America air transport, has hired Globe Air Cargo as its general sales agent in Germany. Globe, part of the ECS Group, said it will market Centurion flights that depart from Amsterdam and Luxembourg. Centurion, based at Miami International Airport, operates three MD-11 freighter flights each week from those […]
Mike Gismondi has joined TSC Container Freight as director of carrier relations. TSC Container Freight is a non-vessel-operating common carrier and freight forwarder with more than 1,000 customers. It’s owned by The Scoular Co., an agribusiness company, and offers transportation services to both importers and exporters in all industries globally.
CargoWise, which develops software for third party logistics providers, has signed a multi-year agreement to provide its ediEnterprise global freight and logistics platform to the newly formed Tigers Ltd., a company created through a merger between WLG. and Kamino Logistics Group. WLG was already a global ediEnterprise customer and Tigers sought the product to […]
The U.S. Federal Maritime Commission said six executives and managers have taken on new responsibilities: Austin L. Schmitt, director of strategic planning and regulatory review. Sandra L. Kusumoto, director of the Bureau of Trade Analysis. Vern W. Hill, director of the Bureau of Certification and Licensing. Jennifer M. Gartlan, deputy director for the Office of Consumer Affairs and Dispute […]
The transaction with IOC will support an estimated 500 U.S. jobs across six states, including Arkansas, Illinois, Missouri, Tennessee, Virginia and Wisconsin, the bank said.
Sandler & Travis Trade Advisory Services (STTAS) said Gianluca Romano, senior vice president, will take on the additional role of deputy chief operating officer. In this new position, Romano will supervise the STTAS information technology group and share management responsibility for all STTAS commercial operations with Alfred J. D’Amico, the firm’s COO and […]
Antwerp-based ocean carrier Compagnie Maritime Belge (CMB) has completely divested itself of participating interest in shipbroker Clarksons after an earlier sale of 720,000 shares in early January. A total of 3.239.650 Clarksons shares were sold by CMB this year, representing $58.5 million. The capital gain – that will be recorded in CMB’s first […]
The U.S. Federal Maritime Commission has published a proposal to update its pleading, motion, and discovery rules. The FMC said the proposed changes are intended to add clarity, reduce burdens on parties, and incorporate standards from the current Federal Rules of Civil Procedure. The FMC said it is the second proposed rule change in […]
Express Technologies, developer of the LoadTech transportation management system (TMS), has opened its new headquarters in Pittsburgh. The company said the new facility will allow it to serve customers more efficiently, as well as provide a place for the company to test and develop new technology for global logistics, transportation, and distribution. It will also accommodate […]
Extending the re-validation cycle for companies in the Customs-Trade Partnership Against Terrorism by a year will not adversely impact supply chain security but could help reallocate funds and make savings in 2013.
San Diego-based Kyriba, which offers gloval Software-as-a-Service (SaaS) treasury management solutions, has launched a new supply chain finance platform that integrates with its existing Treasury Management System. The new Supply Chain Finance offering is a scalable, multi-bank portal that connects buyers, suppliers, and financial partners in a single platform to enhance transparency and […]
Roadrunner Transportation Systems (RRTS) said that it has acquired all of the outstanding capital stock of Capital Transportation Logistics, a provider of transportation management solutions (TMS) located in Nashua,N.H., for $6.25 million. Capital Transportation Logistics is a non-asset based TMS provider that focuses largely on less-than-truckload services but also supports truckload brokerage and […]
The container carrier Maersk Line said Monday it had $483 million in operating losses in 2011 thanks to a huge downfall in container freight rates in the second half of the year. The performance represents a huge downward turn from the record $2.8 billion the container line made in 2010. Maersk Line also made […]
