Mediterranean Shipping Co., the second largest container line in the world, has created a bill of lading for shippers originating and terminating cargo at the Port of Richmond, Va., according to the Virginia Port Authority. The carrier is essentially making the shipping process more convenient by offering to take responsibility for arranging the inland […]
Maersk said overcapacity in the trade was hampering freight rates and that the changes would result in a 9 percent removal of its capacity on the trade.
SourceProcureDeliver.com (SPD), based in Mumbai, India, has launched a new supply chain and distribution platform. The service is initially aimed at suppliers looking to enter the Indian market. SPD said companies currently face a risky choice of either shipping stock against confirmed advance paid orders or entering the market on their own without an […]
WOW Logistics has appointed Mike Gebhardt as its director of business development. Gebhardt, previously with OHL and Saddle Creek Corp., comes to WOW with a background in the warehousing and distribution industry. Based in Appleton, Wis., WOW is a third party logistics services firm with 7 million square feet of warehouse space in 23 locations across three […]
Motorola Solutions unveiled its SL Series portable radio and its new XPR 5000 mobile radio to address new issues in the modern logistics environment. The two devices fall under its MOTOTRBO umbrella that focuses on voice quality, extended battery life, and a large application developer program aimed at increased productivity and enhanced worker […]
The Chile-based shipping company CSAV said last week it had raised an additional $1.2 billion through the sale of additional stock in the company and completed spin-off of its terminal division SAAM. Major investors include the conglomerate Quiñenco, which is part of the Luksic Group, which invested $547 million and now owns […]
By Eric Johnson This is the second in our yearlong countdown of the top 12 non-vessel-operating common carriers for U.S. inbound containerized cargo. Using data provided to American Shipper by the trade intelligence firm Zepol Corp., we’ll take a closer look at each of these companies in terms of where their cargo originates, where […]
The container line Zim will from the end of March take slots on a Mediterranean Shipping Co. on the trade between the U.S. East Coast and the east coast of South America, while jointly operating another loop on the U.S. Gulf-East Coast South America trade. The rotation for the U.S. East Coast […]
Unisys Corp. is in talks with India’s shipping ministry to provide security systems to domestic ports to avoid traffic congestion and piracy threats, according to a report in India’s Economic Times. The project involves drawing a port-security roadmap for threats, as well as a vessel traffic management system, with a deal possibly […]
The liner carrier OOCL said it plans to raise rates on the trade from Northern Europe to Asia from mid-March. The increase, $200 per TEU, becomes effective March 15.
Zumiez, a specialty retailer of sports related apparel, footwear, equipment, and accessories, will relocate its e-commerce fulfillment operations from the company’s headquarters in Everett, Wash., to the Kansas City area this May. Zumiez will lease a 153,000-square-foot space and create 100 new jobs in the area. Zumiez said it is moving to […]
The U.S. Justice Department said Massoud Habibion, a U.S. citizen and co-owner of a Costa Mesa, Calif.-based Online Micro LLC, pleaded guilty Thursday in the District of Columbia to conspiracy to illegally export computers from the United States to Iran through the United Arab Emirates. Additionally, Mohsen Motamedian, 44, a U.S. citizen and […]
A study by Pike Research, a market research and consulting firm, found that intelligent transportation systems (ITS) will continue to see increased investment worldwide despite tightening purse strings. Pike estimates global investments in smart transport technology will reach $13.1 billion from 2011 through 2017. ITS, also called smart transportation systems, includes electric vehicles, vehicles with […]
Central Freight Lines, a less-than-truckload carrier based in Waco, Texas, announced Thursday it will test 15 CNG tractors with the help of a grant from the Houston-Galveston Area Council.
The debate about how the container shipping industry should be regulated may be revived with the release of a major report by the U.S. Federal Maritime Commission on Thursday about the decision by the European Union to end the so-called “block exemption” for liner companies under EU competition law in 2008. In a […]
The agency said it will hold a March 22 public hearing to explore the impact of Berkshire Hathaway’s acquisition of the BNSF Railway in 2010 on certain costing determinations.
Old Dominion Freight Line’s warehouse in Thomasville, N.C., will be able to offset more than 90 percent of its energy costs with the help of recently installed rooftop solar panels,
The Netherlands-based document and small package delivery company TNT Express said Friday it received and rejected an unsolicited acquisition bid from UPS. Atlanta-based UPS offered 9 euros per share, TNT said, or a total of about 4.99 billion euros ($6.4 billion). TNT said its supervisory and executive boards “carefully considered the indicative proposal […]
The liner carrier CMA CGM said Friday it will amend the Asia-Mediterranean service network it runs with Maersk Line from early April. The changes include revised port rotations for two services in which the lines currently trade slots – CMA CGM’s MEX service and Maersk’s AE11 service. Additionally, CMA CGM said the […]
The Johannesburg, South Africa-based Gordon Institute of Business Science (GIBS) and Imperial Logistics, a logistics services provider, have launched a Supply Chain and Logistics Program to provide teaching and research in the fields of logistics, supply chain management, and transportation management. The goal of the program is to raise awareness of supply chain management systems for […]
