Many large liner carriers still prefer to develop software. Softship, a Hamburg-based software company focused on the shipping industry, believes ocean carriers should rely less on custom-designed software and use more packaged software.
Shippers take collaborative logistics to the next level by partnering on truck capacity. By Eric Kulisch Collaboration among suppliers and customers has long been an aspiration for logistics professionals that is easily talked about, but not always acted upon. One of the latest trends in supply chain management involves competitors in […]
The shipping company Maersk Line has added a call at Germany’s Bremerhaven and a seventh vessel to its weekly ECUBEX service between St. Petersburg, Russia, and the west coast of South America. Round voyage time on the average 2,582-TEU capacity loop has increased from 42 days to 49 days. The revised rotation of […]
National trucking company J.B. Hunt said it had profit of $72.6 million in the fourth quarter, compared to $57.9 million in the same 2010 period. Revenue for the quarter was $1.2 billion, compared to $1.02 billion recorded in the fourth quarter of 2010. For the full year, Hunt had a profit of $257 […]
The shipping companies Maersk Line and Mediterranean Shipping Co. have added a call at Jakarta, Indonesia, and an 11th vessel to their weekly “Boomerang” loop running from Japan and North Asia to Australia, continuing to Southeast Asia and back to Australia and North Asia. Round voyage time was increased from 70 to 77 days. The Boomerang rotation now includes Yokohama, […]
Boeing said it has delivered the first of five new 747-8 freighters to AirBridgeCargo Airlines (ABC), part of Russia’s Volga-Dnepr Group. The 747-8 freighter is about 250 feet long, or 18 feet longer than its predecessor, the 747-400 all-cargo plane. The stretch provides customers with 16 percent more revenue cargo volume, which translates to four […]
Arkansas Best Corp. had a fourth quarter profit of $1.4 million in 2011, compared to a loss of $3.1 million for the same 2010 period. Operating revenue was $463 million in the quarter, compared to $441 million in the same 2010 quarter. The less-than-truckload company had a profit of $6.2 million for the full […]
Hub Group said it had a profit of $17 million in the fourth quarter of 2011, 36 percent more than the $12.5 million earned in the same 2010 period. Revenue for the quarter was $763 million, compared to $480 million in the fourth quarter of 2010. Hub, which provides intermodal, truck brokerage and […]
Maersk Line, the world’s largest operator of container vessels, will become the first ocean carrier to take advantage of a new incentive program at the Port of Virginia designed to encourage transport companies to reduce air pollution from commercial vessels while at berth.
The National Football League makes a lot of money from licensing merchandise with team logos and players names, but fans looking to save money can find plenty of counterfeit apparel. Officers at U.S. Customs and Border Protection have been working during the football season to quell the trade of illegal merchandise. The […]
The Foss vessel Delta Mariner struck the Eggner Ferry Bridge, which services both U.S. Highway 68 and Kentucky Highway 80, resulting in its collapse, according to the Kentucky Department of Transportation.
South America’s largest airline, AviancaTaca, on Thursday signed an agreement to buy 33 Airbus A320neo planes, as well as 18 other A320 aircraft. The plane order, the largest from a single airline in the region in terms of number, follows a memorandum of understanding signed during the Le Bourget Air Show in Paris in […]
Budapest Airport in Hungary said it achieved a record cargo throughput in 2011, handling more than 100,000 tons for the first time. Flown cargo volumes grew by 6.4 percent to almost 70,000 tons, despite the flat volumes worldwide last year, while trucked volumes more than doubled to nearly 37,000 tons, taking total throughput to 106,595 tons. […]
According to Dynamar, total collective 2011 container volumes at Los Angeles, Long Beach, Oakland, Seattle, and Tacoma dropped to 19.1 million TEUs, compared to 19.2 million TEUs in 2010.
The Port of Oakland board of commissioners has appointed Jean Banker, most recently manager of finances and administration for the maritime division, as deputy executive director, the California port said Thursday. Banker came to Oakland in 2007. Prior to working at the port, she spent 13 years as deputy director of capital programs […]
Workers in the Port of Antwerp will support a planned 24-hour general transportation strike across Belgium, starting Monday morning, in protest against the country’s government to meet the European Union’s financial targets.
The Crescent River Port Pilots Association has decided to increase its maximum draft recommendation from 42 feet to 44 feet on the Lower Mississippi River. Capt. A.J. Gibbs said he made the recommendation Thursday after “reviewing the most current survey in the Pilottown Cubit’s Gap area, and due to the successful transit of the two […]
Ports America has relocated its headquarters from Iselin to Jersey City, N.J. The company is the largest independent marine terminal operator with operations at more than 80 terminals in 42 North American ports.
The liner carrier Mediterranean Shipping Co. said Thursday it plans to raise rates on Canadian exports to Europe from March 1. The increase, $100 per TEU, is applicable to destinations in Northern Europe (including Baltic and Scandinavian ports) and the western Mediterranean. MSC said the increase is required “to advance freight […]
The American Apparel & Footwear Association will host a seminar Jan. 31 in New York to discuss overseas retail growth. The seminar, Retail Hotspots: Developing a Strategy to Globalize, will focus on market entry, operation models, and consumer demographics in the BRIC (Brazil, Russia, India and China) nations. Speakers include Dr. […]
