The liner carrier OOCL said Tuesday it plans to raise rates on shipments from north and east Asia to Australia from March 15. The rate increase is $300 per TEU.
Located 100 miles east of Minneapolis/St. Paul, the Canadian National Railway said the new intermodal terminal offers Wisconsin and Minnesota customers new options to ship and receive goods in containers.
Ohio-based Owens-Illinois (O-I), a glass container manufacturer, has announced plans to create a supply chain operation with a new technology group to leverage its research and development. Al Stroucken, chairman and chief executive officer, said the move should give O-I better visibility in its supply chain and in turn give it greater flexibility when shipping goods […]
Transact International, a New York-based logistics services provider also known as Transact Intermediaries, has begun its first non-military cargo charter service into the Shindand Air Base in Afghanistan. The service is part of Transact’s overall Middle East focus and follows similar operations into Afghanistan at the Bagram and Kandahar air bases. Transact’s President and Chief Executive Officer Thomas Anderson said the […]
Tompkins Associates, a supply chain and business solutions provider, said it will begin operating under the new trade name of Tompkins International. Jim Tompkins, president and chief executive officer, said the company already uses the Tompkins International brand in Europe and Asia and felt the name better highlighted the company’s work at improving global supply chains.
Evergreen Line has launched a mobile app version of its e-commerce system, ShipmentLink Mobile, for the iPhone, iPad and iPod touch and mobile devices based on the Android operating system. The ocean carrier said the launch was to provide customers with a better way to reach the growing number of workers that rely […]
The United States in Geneva on Monday signed agreements with the European Union and Japan that will bring an end to longstanding trade disputes over “zeroing.” Zeroing is a label sometimes used to describe a methodology used in antidumping calculations for aggregating unfairly-traded (“dumped”) transactions with other transactions. The disputes started nearly nine […]
Fred P. Hochberg, chairman and president of the U.S. Export-Import Bank, is meeting with Vietnamese government officials this week in Ho Chi Minh and Hanoi to boost U.S. commercial ties and business opportunities with the Southeast Asian country. In 2011, Ex-Im Bank authorized only about $1 million in financing to Vietnam. However, […]
Third-party logistics services provider Agility has appointed Grant Wattman as president and chief executive officer of its project logistics business. Wattman, a 40-year industry veteran, has previously worked at CH2M Hill, Panalpina, ABB Lummus Global, GeoLogistics and Fritz Cos. He has overseen large projects in infrastructure, mining, and oil and gas. […]
ACL said the service combines its transatlantic vessels and Finnlines’ ice-class Baltic vessels with shipments transshipped via Antwerp, Belgium. Both ACL and Finnlines are owned by the Grimaldi Group.
U.S. Customs and Border Protection declined to reduce a penalty assessed against a company that moved an oil rig part of the way on its voyage from the Gulf of Mexico to Cook’s Inlet in Alaska on a Chinese ship instead of on a U.S.-flagged Jones Act vessel.
After only a one-month slow-down, the shipping company Maersk Line has resumed a five-week round voyage time with its CHX service between Asia and the Indian Subcontinent. American Shipper reported Jan 12 that the loop had slowed to six weeks, with transit times eastbound to Asia from the Indian Subcontinent increasing by about […]
The first ship will call at the EGT grain terminal in Longview, Wash., today in the wake of an agreement between the owners of the facility and the International Longshore and Warehouse Union that will result in the union loading vessels at the facility.
The liner carrier Emirates Shipping Line said Tuesday it plans to raise rates on several trades from Asia, beginning in March. The increases are: $250 per TEU on March 1, and again on April 1, for trade from the Far East and Southeast Asia to east Africa. $150 per TEU on March […]
A federal judge in Manhattan denied a request from AAA for a preliminary injunction against the Port Authority of New York and New Jersey to keep the agency from raising tolls on its four bridges and two tunnels.
YRC, a subsidiary of Overland Park, Kan.-based YRC Worldwide, has rebranded itself YRC Freight. YRC Freight said its rebranding was preceded by a leadership change and a focus on improving service and safety. “In the four months that new leadership has been in place, we have experienced month-over-month increases in our on-time […]
Dubai-based Centre Point Logistics (CPL) has signed an agreement to support Geodis Wilson’s logistics operations in the United Arab Emirates. Sascha Geiken, managing director for Geodis Wilson in Dubai, said, “demand for contract logistics is very high in the Middle East region.” Dubai is used by many companies as a hub to facilitate trade and transportation of goods across […]
Cargo volume at the Port of Busan, the world fifth largest container port, rose 10.6 percent year-on-year in January to nearly 1.4 million TEUs, according to a statement from South Korea’s Ministry of Land, Transport and Maritime Affairs. Busan’s volume increase was largely due to a 23 percent spike in transshipment cargo to […]
Global Logistic Properties (GLP), an operator of warehouses in China and Japan, has added 86,900 square meters of both new and expansion leases in its China portfolio. The company now has roughly 5.8 million square meters of space in China. GLP has three new lease agreements catering to China’s growing domestic market. First is […]
XPO Logistics, a Michigan-based third-party logistics services provider, has appointed John Hardig to chief financial officer, effective Feb. 13. Hardig most recently served as a managing director in the transportation and logistics investment banking group at Stifel Nicolaus Weisel. He has advised transportation and logistics companies on more than 60 mergers and acquisitions.
