UPS announced record full-year earnings per share and a 17 percent increase in adjusted operating profit to $2 billion during the fourth quarter ended Dec. 31.
The Michigan DOT has finalized its State Rail Plan to guide development of passenger and freight rail systems during the next 20 years and announced Timothy Hoeffner as director of the newly created Office of Rail.
The U.S. Navy has acquired from the Maritime Administration two high-speed ferryboats originally built for moving passengers and vehicles in Hawaii for $35 million. The Alakai and Huakai were sold after their owner, Hawaii Superferry, was unable to operate them in Hawaii after opposition by environmentalists. Only one of the two ferries operated for […]
A new version of the AP Moller-Maersk group corporate movie will receive its world premiere screening in London on Feb 8. Directed by Christoffer Boe and filmed across five continents by Manuel Claro, it aims to tell the story not of what Maersk does, but how it does it. Uniquely it ends with […]
The Urban Institute has established a multi-dimensional Infrastructure Initiative designed to inform the public and government officials about the important tradeoffs in developing, operating, maintaining and financing the nation’s core systems that support society. The research effort will examine the fiscal, social and environmental costs and benefits of policy choices at all levels of […]
The liner carrier Hamburg Süd said Friday it will begin consolidating its calls at the Port of Seattle’s Terminal 18, operated by SSA Terminals. The German line, which calls Seattle on its services linking the port to Australia/New Zealand and North Europe/South America, had previously called at both Terminal 18 and Terminal […]
Old Dominion Freight Line has expanded its Pacific Promise less-than-container load (LCL) service to 10 additional ports in Asia. The ports covered by the expanded service include Manila, Singapore, Jakarta, Surabaya, Penang, Port Kelang, Ho Chi Minh City, Bangkok, Phnom Penh, and Busan. The service, launched in China in 2009, now covers 23 ports across Asia. […]
By Eric Kulisch TRB steps on State of the Union The Transportation Research Board held its week-long annual conference in Washington the last full week of January. I found it odd that several committee meetings and panels were scheduled to run in the evening until 9:30 or later on the same day that President […]
The number of eastbound transpacific shippers whose cargo was rolled has increased markedly since November, according to American Shipper’s latest survey of shippers, intermediaries and carriers in the trade. In November, American Shipper found that 31 percent of shippers had experienced recent cargo rolls, but that number spiked to 60 percent, according to […]
The liner shipping companies COSCO, Hanjin Shipping, United Arab Shipping Company and CCNI have ended their joint ESE/SAM 1 service between North Europe and the East Coast South America which was launched in March 2011. COSCO and Hanjin have begun taking slots on Maersk Line’s weekly Samba service from Europe and the Mediterranean […]
On Saturday, the Coast Guard reopened a portion of the Tennessee River around the Eggner Ferry Bridge which was partially destroyed after being hit by the Foss ship Delta Mariner last week.
TNT Express has started a service that will simplify and secure the international movements of pharmaceutical products requiring strict temperature control, such as such as vaccines and insulin.
Savi, a subsidiary of Lockheed Martin, has launched a mobile tracking system that identifies and tracks in real-time the location, movement, and condition of high-value assets. Savi said its new system is aimed at governments, heavy industry, large organizations, and manufacturers that have complex logistics requirements. The Savi Mobile Tracking System includes software […]
RedPrairie, a supply chain and retail technology company, has appointed Joe Juliano to president. He replaces Martin Hiscox, who will continue to serve as a board member and chairman of international operations. Juliano joined RedPrairie in 2010 as president of the Americas. When Hiscox changes roles in May, Juliano will assume responsibility for global sales, services, […]
Chemical logistics services provider RichLand-LSP has appointed Graham Wall to managing director with an aim to expand its bulk liquid chemical transport operations in Southeast Asia. Wall, a 25-year industry veteran, previously worked for Interflow, Trencor, Syrius Group and PD Ports & Logistics and has specific expertise in the development of ISO-tank fleets. […]
DB Schenker Logistics has appointed 38-year rail industry veteran Patrick Zilles to head its intermodal activities. Zilles, who is based in Essen, Germany, will be responsible for linking different transport modes, in particular DB SCHENKERhangartner. This offering provides shippers a combination of trucking and rail from a single source. Trucks handle pre- and […]
A court in Mexico has put on hold a concession recently granted to APM Terminals’ to develop a new $900 million 4.2 million-TEU container terminal in the Port of Lazaro Cardenas.
The Port of Houston Authority Commission will hold a special session Monday to vote on hiring Leonard Waterworth as interim chief executive officer after Alec Dreyer, the current CEO last month indicated his intention to step down. Dreyer, a former energy industry executive, announced Dec. 13 that he planned to leave office once […]
The ocean carrier Hanjin Shipping said Monday its liner business sustained $474.8 million in operating losses in 2011, a huge reverse on the $612.1 million the line made in 2010. Hanjin’s liner revenue fell 2.6 percent year-on-year in 2011, to $6.6 billion, despite container volume rising 12.4 percent to 4.2 million TEUs. […]
Horizon Lines said it will pay $1.5 million in penalties as part of an agreement with the U.S. Justice Department, under which the ocean cargo carrier will plead guilty to two counts of providing federal authorities with false vessel oil record-keeping entries on a containership in the U.S. West Coast-Hawaii service. In a […]
