Some liner carriers may have aided their revenue collection in 2011 through higher currency surcharges, according to research from the maritime analyst SeaIntel. SeaIntel analyzed the development of currency adjustment factors (CAF) on the Asia-Europe trade and came to two main conclusions. First, the CAF charged varies significantly across carriers, with […]
Three container lines that operate a service between Europe, the Caribbean, and the west coast of South America will increase the size of their vessels on the service from early February, according to a notice from one of the lines, Hapag-Lloyd. The line’s SW2 service, which it jointly runs with Hamburg Süd and CMA […]
The liner carrier Mediterranean Shipping Co. said last week it is raising U.S. export rates to Asia from March 1. The increases are $50 per 20-foot container and $100 per 40-foot container from U.S. West Coast ports; $100 per 20-foot container and $150 per 40-foot container from U.S. East or Gulf coast […]
By Eric Kulisch On Jan. 17, the U.S. Fish and Wildlife Service said a ban on the import and interstate transportation of four non-native constrictor snakes – pythons – would go into effect in two months. The decision was made to protect the ecological balance of the Florida Everglades where these giant predators feed on birds, mammals, and reptiles, some […]
SDV International Logistics confirmed this morning that it has bought into various parts of the FAST group of freight forwarding companies, though it declined to say how many would be controlling stakes. The company did acknowledge that it acquired 100 percent of FAST Italy. The amount paid was not disclosed, but SDV said it hopes to keep on all […]
One Network Enterprises, a cloud supply chain service company in Texas, has announced plans for a new strategic alliance with Arrow Electronics, a Colorado-based global provider of services and products for users of electronic components and enterprise computing applications. The pairing will focus on delivering manufacturers with a comprehensive supply chain management tool and […]
The China-based liner carrier PO Shipping will continue to serve the transpacific trade to Southern California, although its former partner Taiwan-based T.S. Lines has bowed out. The lines have halted their jointly run TP2 service, which had a rotation of Xiamen, Hong Kong, Yantian, Ningbo, Shanghai, Long Beach, and Xiamen. It was previously operated […]
Canadian Pacific Railway announced Monday a 10-year agreement to be the principal Canadian railway for potash producer Canpotex. CP will transport the large majority of potash shipments to Canpotex’s main terminal in Vancouver, British Columbia. In conjunction with Union Pacific, CP will transport potash to Portland, Ore. CP said that to move Canpotex’s […]
The liner carrier CMA CGM will continue to take slots on the Malaysia-Bangladesh leg of an intra-Asia service operated by MCC Transport. It was incorrectly reported that the French line would drop off the service, but the line confirmed it will continue taking slots on the leg between Tanjung Pelepas and Chittagong on MCC’s […]
Massood Logistics, a North Carolina firm formed last fall after the shutdown of Furniture Transport Group, has added two executives and expanded its available services. Tara Massood, a former executive with Thomasville Home Furnishings in New Jersey, is the company’s new general manager, and Paula Powell Cubberley, previously of Furniture Transport Group, will […]
With the liner carriers preoccupied with changing partnerships and big ship capacities coming on line in the Asia-Europe trade, American shippers engaged in the transpacific and transatlantic trades should be spared from similar disruption, at least for now. Since last April, the industry has witnessed the formation of partnerships among once contested rivals, […]
This case (Merchants Terminal v. L&O Transport. D.Md. No. 09-CV-2065. Sept. 29) relates to a stolen shipment of salmon. Both the plaintiff and defendant had moved for summary judgment and the judge denied both motions. A trial is scheduled for March. L&O is a licensed and insured motor carrier and Charles Elmore is a truck owner/operator who […]
Study warns economic damage if sufficient river channel depths aren’t reached. By Chris Dupin Peter Friedmann executive director, Agriculture Transportation Coalition “It’s a travesty that Congress enacts a user fee and the executive branch — actually starting back in the 90s — started withholding some of that moneys just to pay for general […]
Truck hours, driver shortages, and chassis availability may delay some goods movement in the United States. By Chris Dupin Trucking and chassis issues are high on the list of concerns of logistics professionals in the retail industry for 2012. “With the current administration and balance of power in Congress we continue to […]
The mega-alliances that have formed on the Asia-Europe trade in the last two months have created a new power structure. It appears that four factions will compete vigorously on the trade from the beginning of April, when partnerships between Mediterranean Shipping Co. and CMA CGM, the Grand and New World alliances, and the CKYH and Evergreen […]
As the U.S. Federal Maritime Commission prepares to take a second look at its decision last year to allow non-vessel-operating common carriers to forgo filing tariffs and enter into negotiated rate arrangements (NRAs) with shippers, advocates for the industry say there are still misimpressions about them. The FMC will solicit comments through March […]
FMC hopes to help NVOs meet financial responsibilities in U.S.-China trade. By Chris Dupin The U.S. Federal Maritime Commission has proposed to increase the size of the optional bond rider that non-vessel-operating common carriers may file to meet the Chinese government’s financial responsibility requirements for them to serve in the U.S.-China trade. […]
The FMC proposes to increase the size of the optional bond rider that NVOCCs may file to meet the Chinese government’s financial responsibility requirements.
When a little known Indian logistics company acquired a controlling stake in the powerful international non-vessel-operating common carrier ECU Line in 2006, it seemed an incongruous development. Belgium-based ECU Line was the known brand and Allcargo Logistics (the Indian buyer) was a small blip on the global logistics map. Since that time, Allcargo […]
