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 […]
C.H. Robinson said it had a profit $109.2 million in the fourth quarter ending Dec. 31, 5.9 percent more than the $103.2 million earned in the same 2010 period. Revenue was $2.6 for the quarter, 10.4 percent more than the $2.3 billion recorded in the fourth quarter of 2010. For the […]
The Dutch logistics company IJS Global has appointed Sven Boekhorst as its head of global ocean freight and executive vice president. Boekhorst comes to IJS Global from Panalpina, where he served as senior vice president of corporate ocean freight. In this newly established role, Boekhorst will be responsible for ocean freight procurement and operations, […]
Tegma Gestão Logística, a large logistics management provider in Brazil that focuses on transportation for the auto industry, has concluded its purchase of LTD Transportes LTDA’s operations. Tegma said it made the decision to acquire LTD because of its existing logistics operations in e-commerce and customer relationships. The business bought by Tegma consists of […]
Steven Cernak has been named port director of Port Everglades. The Broward County Board also approved a 30-year lease operating agreement with the Florida East Coast Railway to develop a 42.5-acre intermodal container transfer facility.
A new program announced Tuesday will allow truckers serving the port to receive up to $20,000 towards disposal of their old, polluting rigs and purchase of newer model trucks.
Joining the executive manager ranks are Chief Strategy and Transformation Officer Jakob Stausholm, Chief Product and Yield Officer Vincent Clerc, and Bill Allen, head of group human resources.
