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.
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 […]
