President Obama’s fiscal year 2013 budget for DHS would cut net discretionary spending by $191 million, or 0.5 percent, below the 2012 enacted level to $39.5 billion.
Hamburg, Germany-based bulk logistics services provider Hoyer has expanded its operations in Russia and Ukraine. The company has opened offices in Moscow and Odessa. In addition, Axel Brewe has been named head of development in Russia and central Eastern Europe. Brewe will continue to build and expand the existing tank container […]
President Obama has nominated William P. Doyle, chief of staff at the Marine Engineers’ Beneficial Association (MEBA), to be a commissioner of the FMC.
The minority owner of liner carrier Hapag-Lloyd TUI looks set to sell part of its stake in the company to the majority shareholder, the Hamburg-based Albert Ballin consortium, according to a Reuters report.
India remains significantly underrepresented as a player in global trade, according to APM Terminals Chief Executive Officer Kim Fejfer. “The opportunities for development throughout India, one of the world’s largest and fastest-growing economies, are exciting and energizing and APM Terminals is committed to being a part of that growth,” Fejfer said during […]
The liner shipping company CSAV Norasia’s Asia-East Med Sea ABS service will become a part of Mediterranean Shipping Co.’s Asia-East Med Tiger Service beginning with the Feb. 1 sailing of MSC Luciana from Beirut. The merged joint service will sail weekly, operating with 10 vessels averaging 13,401 TEUs. All 10 ships are operated by MSC. CSAV […]
“Although figures show a decreasing number of piracy attacks, the damage done is still unacceptably high,” the European Shippers Council said, citing figures released by IMB.
French freight company Flash Europe has continued its expansion by taking over the British express logistics provider v-one. Flash said this acquisition is important because of v-one’s success with automotive markets. Flash also said v-one will round out its time-sensitive freight offerings for both air and road freight. James Griffiths of v-one will be […]
In conjunction with the changes to its Asia-Europe network announced by American Shipper Feb. 2, the ocean carrier Maersk Line has added a new inbound port call at Rotterdam and a 10th vessel to its weekly Asia-Europe loop AE9. The carrier has also dropped a westbound call at Malaga, making Rotterdam the new […]
President Obama is proposing a fiscal year 2013 budget for the Department of Transportation of $74 billion, 2 percent, or $1.4 billion, above the 2012 enacted amount. It’s one piece of a $3.8 trillion plan that raises spending to support the middle class through incentives for domestic manufacturing, lower payroll taxes, infrastructure investment and […]
Alexander & Baldwin, parent company of Matson Navigation Co., said a “continued weak transpacific operating environment” was reflected in sharply lower operating profit for its ocean transportation operations. A&B, which is also involved in real estate and agriculture, said ocean transportation operating profit was $14 million in the fourth quarter ending Dec. 31, 51 […]
The liner carrier Mediterranean Shipping Co. said this week it plans to raise rates on the trade from the Far East to Mexico and the west coast of Central and South America from March. The increase, $400 per 20-foot container and $800 per 40-foot or 40-foot high-cube container, is effective March 15.
By Eric Kulisch The nation’s freight rail system avoided disruption when railroads and a holdout union, the Brotherhood of Maintenance of Way Employees, reached tentative agreement on a labor deal. Agreement was necessary by Feb. 8, the deadline for parties to be allowed to take measures into their own hands through a strike […]
The liner carrier United Arab Shipping Co. said this week it has set up its own agency in the United Kingdom. United Arab Shipping Agency Co. (U.K) Ltd. is part of “long-term growth and regional expansion plans for staging an integrated global operation,” UASC said. The new agency replaces existing activities by Barking, U.K.-based Interfreight Shipping Agency […]
VHI Transport, a woman-owned logistics management firm based in Chester, Va., has appointed Kristy Seaton to vice president and Connie Whitley to global head of sales. Seaton was previously the company’s supply chain director. Before that, she worked for Coca-Cola Enterprises serving in different departments including working with their supply chain and SAP […]
Parsons Binckerhoff has appointed Phillip Girandola to director of ports and marine in the U.S. Northeast. New York-based Parsons Brinckerhoff is a global infrastructure consulting, planning, engineering and program/construction management firm. Girandola has more than 27 years of experience as an engineering consultant and construction contractor in marine and heavy civil projects.
Seattle-based Zonar has announced its new ZTrak solution for companies that need to manage the transfer of assets and track the locations of valuable materials. Zonar said the service could be used to track equipment, shipping containers, hazardous materials trailers, rental equipment, high security items, and other assets that must stay in certain […]
December exports and imports totaled $178.8 billion and $227.6 billion, respectively, resulting in a goods and services deficit of $48.8 billion, up 3.7 percent from $47.1 billion in November.
While transpacific ocean carriers stripped a significant amount of capacity out of the eastbound trade in the last three quarters of 2011, they’ve held capacity levels stable since the start of December, according to American Shipper liner research affiliate ComPair Data.
An appeals court dismissed an effort to block a Waterfront Commission of New York Harbor (WCNYH) program that gives it the option to install independent monitors at port businesses.
