Liner shipping company Mediterranean Shipping Co. said on March 1 it will implement a general rate increase for cargo from the United States bound for the Far East. For all commodities, including exempt commodities, but excluding reefer the increase is: $50 per 20-foot container and $100 per 40-foot container for cargo originating at West Coast […]
JDA Software has ended the 2011 fiscal year with numbers mostly in line with its original guidance for full-year 2011, which is good news as software sales declined and as the firm wrapped up legal disputes.
CombineNet, an e-sourcing technology provider, has announced it ended 2011 with strong revenue growth, software usage, and customers. The company said it had a 71 percent growth in customers in 2011 compared to 2010, which is the company’s best growth rate to date. CombineNet said it now has its largest-ever customer base. […]
The Coca-Cola Co. has awarded DB Schenker Logistics two businesses for its warehousing and transportation operations in Poland. The Atlanta-based soft drinks giant will integrate previously owned and operated satellite distribution centers for its finished goods into existing DB Schenker warehouses. Financial terms of the deal were not disclosed, nor was the length […]
International Container Terminal Services, Inc. (ICTSI) has placed orders with Cargotec, the Finnish maker of cargo-handling equipment, for expandin its terminals in Mexico and the Philippines. In Mexico, ICTSI has started the construction of the Specialized Container Terminal-2 in the Port of Manzanillo. As part of the expansion it will receive four super […]
The Port of Los Angeles handled 7,940,511 TEUs in 2011, 1.4 percent more than the 7,831,902 TEUs handled in 2010, including empties. Containerized port exports were 2,109,394 TEUs in 2011, a 14.5 percent increase over the 1,841,273 TEUs handled in 2010. It was a second record-breaking year for containerized exports through the port. 2011 […]
The South Carolina Ports Authority (SCPA) said the Port of Charleston handled 109,472 TEUs last month, 2.4 percent more than the 106,866 TEUs handled in December 2010. Container volume for calendar year 2011 was 1.38 million TEUs, up 1.2 percent from 2010. “We are continuing to experience a flat economic environment here in […]
Amber Road, formerly Management Dynamics, is building on its global trade management (GTM) offerings with the launch of TradeWizards.com, a free cloud-based portal for global trade operations. The Website is a combination of nine research tools built around obtaining data related to cost and compliance risks around importing and exporting goods. […]
The port of Tianjin in northern China saw container volumes climb 13.9 percent in 2011 to a record 11.5 million TEUs, according to reports in China. Tianjin is the nearest port to China’s capital, Beijing. The port reportedly saw intermodal volume rise 15 percent in 2011, compared to 2010, and added 13 new […]
The Associated Press said Tuesday that about 6,000 workers involved in the expansion of the Panama Canal have gone on strike for higher wages. The news agency quoted a representative for the workers as saying they want the base wage raised from $2.90 per hour to $4.90, and the wage for the most skilled workers raised […]
Bentley Helen Delich Bentley, a former Maryland congresswoman and past chairman of the Federal Maritime Commission, has proposed changing the Harbor Maintenance Tax so that it’s collected not only on ocean-borne cargo, but on all freight from foreign sources entering the United States. The tax is not paid by freight entering the United States from […]
The document, created by North American Produce Transportation Working Group, integrates multiple existing transportation guidelines into a single set of best practices which can be used throughout North America by the carrier industry.
The U.S. Justice Department on Tuesday said two Kentuckians and their caviar companies pleaded guilty in the U.S. District Court for the Southern District of Ohio to trafficking in and falsely labeling illegally harvested paddlefish. Steve Kinder and his wife, Cornelia Joyce Kinder, both of Owenton, Ky., owned and operated Kinder Caviar […]
Non-vessel-operating common carrier Troy Container Line will begin a new direct consolidation service to Liverpool and Manchester in the United Kingdom. The service will begin on Feb. 11 with a sailing from New York to Liverpool aboard the vessel Atlantic Cartier. It is a 10-day direct call to Liverpool. In addition to […]
U.S. Ambassador Ertharin Cousin has been named executive director of the United Nations World Food Program. She has served as the U.S. representative to the UN Agencies for Food and Agriculture in Rome for more than two years, helping to carry out President Obama’s global food security policy and other matters related to […]
By Eric Kulisch The Department of Transportation’s Research and Innovative Technology Administration on Tuesday awarded $77 million in grants to 22 University Transportation Centers to research issues such as shared rail corridors for passengers and freight, multimodal freight and infrastructure innovations, distracted driving and reducing roadway fatalities and injuries. Each center will receive $3.5 million […]
Container shipping companies “are expected to face another difficult year in 2012 with weak demand growth in both the Europe and U.S. markets,” according to the shipping information service Alphaliner. In the latest edition of its weekly newsletter, Alphaliner said trade on the Far East to Europe headhaul lane “reached an estimated […]
The shipping company Mitsui O.S.K. Line has ended its slot charter agreement with Orient Overseas Container Line on the latter’s weekly Philippine feeder service from Hong Kong and Shekou, PHF2. The service operates with one OOCL vessel with a capacity of 2,700 TEUs, but will skip one sailing position from Hong Kong […]
NEO Air Charter – the recently formed cargo charter broker which said it will only deal with freight forwarders – has appointed Stefan Kohlmann to joint managing partner. Kohlmann now jointly heads the company alongside Adnan Duran, who launched NEO in October 2011. Kohlmann has spent 23 years in air freight, initially […]
Liner shipping company Safmarine announced three appointments to its commercial team, which will be headed by Grant Daly, the A.P. Moller-Maersk subsidiary’s new chief executive officer. They include: Nick Gough, currently Safmarine’s strategic sales and accounts director in Antwerp, will become global key account director based in Copenhagen. Stephen Knight takes on […]
