The liner carrier Mediterranean Shipping Co. said this week it will raise rates on the trade from Canada to Northern Europe from March 1. The increase is $100 per 20-foot container and $200 per 40-foot container, and includes destinations in Scandinavian and Baltic ports.
The ocean carrier MOL said Tuesday it has appointed a new shipping agent in Turkey. Effective immediately, the Japanese company will be represented by Istanbul-based Ocean Maritime Services Shipping Agency Tourism and Trading (OMS), which will manage all MOL agency activities in Turkey, taking over from Dabkovich Maritime Agency, which traded as […]
To boost its South American sales, Casio Computers set up Casio Latin America in Montevideo, Uruguay, as a logistics management company, and has recently started operating its regional distribution center in the country. Before the change, which started in August, Casio shipped most of its products from China directly to each of its […]
The liner carrier Mediterranean Shipping Co. said Tuesday that it is raising rates on U.S. export cargo on a range of trades. The increases cover shipments to the Middle East, Red Sea, Indian Subcontinent, eastern Mediterranean, Black Sea, Africa, and the west coast of South America. The increase, $150 per 20-foot container […]
Welcome to the first in a monthly look at the top 12 non-vessel-operating common carriers for U.S. inbound containerized cargo. Using data provided to American Shipper by the trade intelligence firm Zepol Corp., we’ll take a closer look at each of these companies in terms of where their cargo originates, where in the […]
Liner carrier CSAV said Tucapel, the fifth in a series of seven 8,000-TEU ships being built for it by Samsung Heavy Industries, was delivered Tuesday in Busan, South Korea. Two additional ships in the series will also be delivered in the first half of 2012. Like Tucapel, all are named after Chilean rivers. Oscar Hasbün, […]
Through the simple expedient joining of its Asia-South Africa Cheetah service end-to-end with its Europe-South Africa service, Mediterranean Shipping Co has managed to enter the Asia-West Africa trade.
The Japanese ocean carriers MOL and NYK line suffered more than $300 million in collective losses from October through December, while “K” Line’s third-quarter loss passed $400 million, according to financial statements released Tuesday. MOL’s liner division incurred $155 in losses in its financial year third quarter (October through December). That was […]
The liner shipping companies Hapag-Lloyd and CSAV have slowed their GS1 service between Mexico/U.S. Gulf and the Caribbean/East Coast South America, increasing round voyage time from 49 days to 56 days. Transit times northbound to Mexico and the U.S. Gulf from East Coast South America have increased by about seven days, now taking […]
The liner carrier APL said Tuesday on-time performance for the five transpacific services directly operated with its own ships was 94 percent in 2011. According to internal figures, APL ships missed their arrival window 15 times out of 234 port calls to the U.S. West Coast, with the delays caused by weather […]
The WTO’s Appellate Body found China’s export restraints on several industrial raw materials used in steel, aluminum, and chemicals to be inconsistent with WTO obligations.
CargoWise, a logistics information technology provider, entered an agreement with the Bulgarian Unimasters Logistics to implement its ediEnterprise. Unimasters is expanding its logistics business to Central and Eastern Europe, having established operations in Bulgaria, Romania, and Hungary, and the company said this partnership with CargoWise was one means to speed up that growth. “We are […]
Pennsylvania-based Matthews International has started a new division of its company, Matthews Supply Chain Automation. The division encompass two established branches, Matthews Marking Products and Holjeron, and two recently acquired companies, Innovative Picking Technologies, Inc. (IPTI) and Lightning Pick Technologies. The combination of these companies will allow the new unit to offer integrated […]
Chennai, India-based Ennovasys has launched a package of visibility tools for shippers and carriers. The company’s enterprise mobility solution (EMS) is built with three platforms: RFID, GPS, and existing mobile technology. The system is cloud-based with the data sent to the cloud and processed on backend applications via Web services. “We are building a […]
The liner carrier Hapag-Lloyd said last week it will replace a shuttle service between Mexico and Central America with a new rotation. The line’s MXC service will be replaced with its CCE service. The CCE rotation will be Mazatlan, Manzanillo (Mexico), Puerto Quetzal, Acajutla, Corinto, Puerto Caldera, Puerto Quetzal, Manzanillo, and Mazatlan. […]
Maersk Group Chief Executive Officer Nils Andersen will be on leave until April as he recovers from heart valve surgery in December, the company announced this week. Andersen, who fell ill while on vacation last month, was initially due to return in February, but has been given until April to convalesce. […]
Leonard Waterworth was appointed as interim executive director of the Houston Port Authority at a special Port Commission meeting on Monday.
The liner carrier COSCO Container Lines said Monday it will raise Europe export rates to Asia from March 1. The increase is $150 per TEU and $300 per FEU, and applies to all origins in northwest Europe and the Mediterranean (including Israel, Lebanon, Syria, North Africa and Black Sea) and all Asia destinations […]
Maersk Line said Monday it plans to hike westbound Asia-Europe rates significantly from March 1. The increase, $775 per TEU for dry or reefer cargo, is applicable to Northern Europe and Mediterranean destinations. Rates on the westbound Asia-Europe trade suffered throughout 2011, with some analysts estimating that base rates went lower than […]
Crowley Maritime Corp. will start a new weekly express less-than-container load (LCL) service from Houston to Puerto Rico on Feb. 8. The line said the service will have a transit time of 11 days, with relay service available to Caribbean destinations, including Antigua, St. Kitts/Nevis, Anguilla, St. Eustatius, St. Bart’s, Montserrat and […]
