The liner carrier Mediterranean Shipping Co. said Monday it plans to raise rates on shipments using its services from the Far East to Australia. The increase, $300 per TEU starting March 15, affects MSC’s Panda and Wallaby services. According to American Shipper affiliate ComPair Data, the Panda service has a rotation of […]
FuelQuest. an on-demand software company for the energy industry, announced a five-year contract with J.B. Hunt Transport Services, a large North American trucking company. FuelQuest’s Fuel Center will be responsible for managing J.B. Hunt’s bulk fuel purchases within its terminal network. Fuel Center forecasts fuel use for the customer. It also takes on […]
Cargo growth in 2011 at two of the world’s largest air freight airports largely showed stagnation in the industry. Volume rose 0.8 percent in 2011 at Amsterdam’s Schipol International Airport, with the airport handling 1.5 million tons of freight during the year. The airport is the third largest cargo-handling airport in Europe. Volume […]
Americold said Monday that Jeffrey M. Gault has been appointed by the board of trustees as president and chief executive officer, effective immediately. He succeeds Jos Opdeweegh, who has resigned for personal reasons. Gault, a director of the company is an architect and environmental planner who has held senior executive positions at H.F. Ahmanson & Co, […]
Members of the Caribbean Shipowners Association said last week they plan to begin assessing a St. Vincent and the Grenadines tug service surcharge from early March. “This charge is to recoup a portion of the costs imposed for mandatory employment of tugboats by ships entering and departing St. Vincent,” the member lines said. […]
The global terminal operator APM Terminals has named Joe Nielsen, former chief financial officer of its Americas region as managing director for Latin America. APMT said the high-growth markets of Latin America “continue to be a focus area of the company’s investment planning.” Latin American container trade has been projected by Drewry […]
Kurt Salmon, a global management consulting firm, has sold its GoalPost software business unit to Knighted, a New York-based developer of supply chain software. GoalPost is designed to support distribution center, call center, and retail store labor management programs. Jack Horst, partner at Kurt Salmon, said GoalPost will help Knighted with overall management […]
By Eric Kulisch Americans are expected to spend $17.6 billion on their sweethearts this Valentine’s Day, according to a survey from the National Retail Federation. The average individual who celebrates the holiday will spend 8.5 percent more than last year, it said. Discount stores will get the most traffic (37 percent), but a […]
Miami-based non-vesssel-operating common carrier Econocaribe Consolidators has appointed William Higgins to director of global accounts, and Erich Henninger to expands its sales in the Pacific Northwest. Before joining Econocaribe, Higgins was owner of Genesis, a 20-year-old Houston-based NVO. Genesis was acquired by Econocaribe in 2007. Higgins will be responsible for further developing Econocaribe’s […]
Con-way Inc. reported a profit of $23 million in the fourth quarter ending Dec. 31, 2011, compared to $2.4 million in the fourth quarter of 2010. Results for the 2011 fourth quarter included a $10 million gain from a settlement of a purchase-price dispute related to the 2007 acquisition of Chic Logistics, while the 2010 […]
A shipment of 113 containers of toxic waste discovered last month at the Jakarta Tanjung Priok Port in Indonesia points up the continuing problem of hazardous waste being shipped to developing countries.
OnAsset Intelligence, a provider of machine-to-machine asset monitoring systems, said its existing relationship with Sprint has produced a dual-mode CDMA/GSM asset tracking solution with global functionality. The dual-mode system allows OnAsset’s tracking devices to work with the majority of wireless networks across North America and Europe. OnAsset’s SENTRY service can be used […]
a2b Fulfillment has added multi-currency payment and refund options to its service to entice international clients that want to enter the U.S. market. a2b, a Greensboro, Ga.-based third-party logistics provider that specializes in order fulfillment and returns processing, has integrated its systems with PacNet Services, an international payment processing company that handles currencies […]
The Leeds, U.K.-based logistics company Torque has appointed Vanessa Hope as its new head of sales and marketing. Hope will focus on growth of Torque’s customer base. She has more than 20 years of industry experience with a background in retail, brand management, and third-party logistics.
LogFire, an Atlanta-based cloud-based supply chain services provider, has added a productivity tracker for labor management and a new analytics engine to its dashboard. The additions, Productivity Tracking System and Supply Chain Analytics Dashboard, can be fully integrated with the company’s existing products. The Analytics Dashboard focuses on data collection and real-time […]
Sea Star Line, which operates a liner service between Florida and Puerto Rico, has named Peter I. Keller as president. Keller, who retired as executive vice president and chief operating officer of NYK Group Americas Inc. in 2010, knows the Puerto Rico trade from as far back as the 1970s when he […]
Container service reliability reached a new high in the final quarter of 2011 with an on-time average of 69 percent across all the trades covered by the maritime consultant Drewry in its latest Schedule Reliability Insight report. On-time reliability improved by 6 percent over the previous quarter, meaning that schedule reliability has […]
NYK’s rating dropped from Baa1 to Baa2, while MOL’s dropped from A3 to Baa1 because of “the unfavorable state of the ocean shipping market, given the continued over-capacity in vessels.”
Container volumes at the Port of New Orleans in 2011 grew 11.6 percent on an annual basis to 476,413 TEUs, a port record and an increase of 46 percent from two years ago.
The Port of Ningbo’s container volume reached 14.5 million TEUs in 2011, an increase of 10.7 percent from 2010, according to a report from the state-owned news agency Xinhua. Ningbo has seen volume more than double since 2006, when it handled barely 7 million TEUs. It is mainland China’s third busiest container port, after world […]
