New Orleans-based customs broker and freight forwarder W. R. Zanes & Co. has announced the election of a handful of new officers. Diane Schexnayder was elected president and chief executive officer of the company. Schexnayder, who holds a customs broker license, previously served as vice president for 25 years. She is also a […]
Swiss freight forwarder Kuehne + Nagel has entered an agreement to take over the Australian forwarder Link Logistics International Pty. Ltd., which focuses on perishables and air transport.
Seattle-based freight forwarder Lynden International has opened an office in Brussels under a new company division Lynden International (BE). The new location will expand Lynden’s network and the company said this will help it meet increasing demands for transportation and logistics services in Belgium’s medical, pharmaceutical and other growth industries. Lynden said […]
The Panama Canal Authority (ACP), as well as Grupo Unidos por el Canal (GUPC), the consortium of four construction companies building a new, larger set of locks for the waterway, said they expect the expansion project to be completed on time. Despite a one-week construction workers strike in January, problems with perfecting the concrete […]
The U.S. Department of Transportation on Tuesday said it will make $500 million available this year in the fourth round of TIGER funding for surface transportation investment. Infrastructure projects will be evaluated on how they advance the Obama administration’s goals of safety, improving the nation’s economic competitiveness, livable communities, environmental sustainability, keeping […]
Maersk Line has reduced the number of services it offers on the Asia-North Europe trade from seven to six, and the carriers said the change will have no impact on its Daily Maersk product.
More liner carriers are planning rate hikes on the Asia-Europe after industry leader Maersk Line said earlier this week it would seek to hike rates by $775 per TEU from March. Hanjin Shipping said Thursday it will increase rates by $700 per TEU from Asia to Northern Europe and the Mediterranean from March 1 […]
Virgin Atlantic Cargo has promoted Marie Epstein to regional vice president of sales for the Americas. She will be based in New York and succeeds James Williams who moved back to Australia for family reasons. Epstein, a 28-year industry veteran, was formerly the airline’s regional sales manager in the Americas, having joined […]
JDA Software reported a record fourth quarter revenue of $174.2 million, a percent increase from its $168.8 million reported in Q4, 2010. This beat out analyst views of $172.8 million and was above the company’s guidance revised on Jan. 12 with a top revenue of $173 million. JDA said its earnings […]
IBM has completed its acquisition of Emptoris. IBM said Emptoris’ offerings will bring more intelligence to its supply chain operations through its Smarter Commerce platform by automating vendor selection, negotiation, management and compliance. IBM’s purchase of Emptoris will also expand its cloud-based analytics and supply chain management services. About 725 Emptoris employees will […]
The liner shipping company Hyundai Merchant Marine will more than double capacity on its weekly Asia-Indian Subcontinent CIX loop by increasing the size of the vessels it uses. Beginning in late March, the carrier will increase average ship capacity from the current 2,108 TEUs to 4,320 TEUs, an increase of 105 percent, […]
The liner carrier Hapag-Lloyd said Wednesday it will hike rates from Asia to the Indian Subcontinent and Middle East over the next month. On Feb. 15, the line will increase rates by $100 from Asia to the Indian Subcontinent. On March 1, it will increase rates by $150 from Asia to Persian […]
Hapag-Lloyd will begin calling the Port of Portland on a weekly basis instead of every 10 to 14 days beginning Feb. 8, helping shippers in the Pacific Northwest gain greater access to the European market.
Port executives asked for passage of the Realize America’s Maritime Promise or RAMP Act (H.R. 104) during a joint hearing of the House’s Ways and Means oversight and select revenue measures subcommittees.
RMI, a GE Transportation company and provider of transport management software, has released a new information technology application aimed at helping railroads better analyze revenue management, improve rating accuracy and automation, and decrease rating cycle times. The new service, RMI said, came about because of customer requests for help with revenue management performance. RMI is […]
The pharmaceutical company Roche has awarded logistics contracts in Greece to Swiss freight forwarder Kuehne + Nagel. K+N transports temperature-sensitive pharmaceutical products for Roche, and usually these products are transported by air freight even over relatively short distances. For its business in Greece, however, the drug company sought a more environmentally-friendly alternative that would reduce carbon […]
Tropical Shipping and its affiliate Thompson Line have increased bunker surcharges for cargo moving on 20-foot equipment between the United States and Canada and several destinations, including: $25 to $220 to and from the Bahamas. $35 to $265 to and from the Cayman Islands or Turks and Caicos. $50 to $440 to and from […]
RedPrairie, an Atlanta-based supply chain and retail technology provider, announced that its Merchandise Management and Direct Commerce applications are now available as on-demand through the cloud. RedPrairie is adding cloud versions of these applications as part of an overall cloud platform strategy, touting its ability to save money and provide more efficient […]
Portland has begun to export Ford vehicles made in Detroit to South Korea, marking the first time the auto maker has utilized the Pacific Northwest to deliver finished vehicles abroad.
Last week American Shipper surveyed shippers on the transpacific eastbound trade and the results were, as expected, quite enlightening. But perhaps the most intriguing number to emerge from the latest Transpacific Pulse survey was this: shippers who don’t lock in their rates on the trade for the year were five times more likely […]
