Wared Logistics, a unit of the Saudi-based Construction Products Holding Co., is nearing completion of the first temperature-controlled warehouse in a series planned for operation in Saudi Arabia by mid-2012. This first warehouse is a 5,000-square-meter facility in Riyadh and is expected to be fully functional by Jan. 1. This operation will be followed by […]
The CKYH alliance of liner shipping carriers has dropped the Jeddah call on its weekly NE2 Asia-North Europe service. The last voyage to call Jeddah will be the Dec. 13 sailing of YM Uniform. The NE2’s new port rotation is Shanghai, Xiamen, Kaohsiung, Yantian, Singapore, Rotterdam, Hamburg, Felixstowe, Antwerp, Singapore, Shekou, Hong Kong, and Shanghai. The […]
Growers Express, a large U.S. supplier of fresh vegetables, has picked Junction Solutions to increase its warehouse efficiency and visibility. Specifically, Growers will use Junction’s Wireless Warehouse platform. The system allows companies to manage their inventory and order management with automatic data collection and wireless connections between the platform and handheld devices. […]
Mediterranean Shipping Co. said this week it is raising rates from the Far East to the Caribbean, Central America and Colombia. The increases to all three regions are $560 per 20-foot container and $800 per 40-foot or 40-foot high-cube container from Jan. 5. On cargo from Taiwan or to Colombia and Puerto Rico, […]
Rising production costs could change dynamics of eastbound cargo volumes. Analysis by Eric Johnson The container shipping industry that’s built a large part of its empire on the Asia-to-North America goods pipeline is facing a troubling question: Is the cost of producing goods going to stay high? Here’s the issue: Sales figures and revenues for retailers and other beneficial cargo […]
IBM will acquire Massachusetts-based Emptoris, a cloud and on-premise analytics software provider with a focus on supply chain management. The buy is the latest in a series of additions to IBM’s “Smarter Commerce” initiative.
CMA CGM is joining a Mediterranean Shipping Co. service between the U.S. East Coast and west coast of South America from mid-January, a move which is part of an alliance formed by the lines on several trades.
The South Carolina Ports Authority (SCPA) board voted Tuesday to suspend funding on a proposed new container terminal in Jasper County, S.C., on the north bank of the Savannah River and downstream from the Port of Savannah. The proposed Jasper Ocean Terminal is a joint project of South Carolina and Georgia, but […]
The omnibus appropriations bill, according to the American Association of Port Authorities, could provide upwards of $820 million for deep-draft navigation maintenance for U.S. ports.
A Chinese perfume importer on Monday was sentenced in Brooklyn, N.Y., to 12 months in prison for trafficking in counterfeit perfume, the U.S. Justice Department said. Shaoxiong Zhou, 42, of Shantou, Guangdong, China, was sentenced by U.S. District Judge Sandra L. Townes in the Eastern District of New York. Townes also ordered […]
The Treasury Department has identified 10 companies and an executive in Malta for their affiliation with the Islamic Republic of Iran Shipping Lines (IRISL) and will now subject them to U.S. sanctions. The companies connected with IRISL and Irano Hind, a joint venture between IRISL and Shipping Corporation of India, include BIIS Maritime Ltd., ISIM Amin Ltd., ISIM Atr Ltd., ISIM Olive Ltd., […]
Only a quarter of the nearly $1.7 billion awarded from fiscal year 2006 through 2010 under the U.S. Port Security Grant Program has been drawn down by grantees.
Austin, Texas-based Newgistics, a provider of third-party logistics services for retailers, has cancelled plans for its initial public offering (IPO). In its filing, the company said the reason behind withdrawing its IPO filing was “unfavorable market conditions.” In March, Newgistics had filed for an IPO of up to $86.25 million, while also […]
The liner carrier Hapag-Lloyd said Tuesday it will add a call in Baltimore to its transatlantic GMX service from February. The revised rotation will be Thamesport, Le Havre, Antwerp, Bremerhaven, Baltimore, Veracruz, Altamira, Houston, New Orleans, Charleston, and Thamesport. The service is currently operated with Hapag-Lloyd vessels with an average capacity of […]
CSX will commence on-dock rail service at the Port of Virginia’s APM Terminal on Jan. 3, the company said Tuesday. The Jacksonville, Fla.-based railroad previously offered limited service from the terminal to a small rail yard that required containers to be shuttled back and forth by truck. In January, the carrier will use the […]
The European Network and Information Security Agency (ENISA) said it has published its first report ever on maritime cyber security challenges and threats. The report covers key insights, existing initiatives, precautions and recommendations, and a baseline for cyber security. ENISA said all sectors that deploy information and communication technologies (ICT) are […]
Jan. 1 marks the end of the Southern California ports’ four-year effort to make cleaner the drayage trucks that serve container terminals in Los Angeles and Long Beach. The Port of Los Angeles said Tuesday that effective that day, “every local short-haul or drayage truck calling at the Port of Los Angeles […]
More automobiles crossed the docks at the Port of Baltimore in October than any month in its history, the Maryland Port Administration said. Terminals at the port handled 43,057 cars compared to the previous record of 42,830 set in October 2010. Baltimore also set a record for export vehicles with 18,592, surpassing October 2008’s mark […]
Third-party logistics firm Transplace has been picked to handle domestic transportation management activities for Reichhold, a North Carolina-based global composites and coating industry manufacturer. Under the agreement, Transplace will procure and manage Reichhold’s truckload contracts with carriers and the freight audit and payment activities. Reichhold said it expects the agreement to reduce […]
Moody’s Investors Service said Tuesday it had affirmed its ratings on Hapag-Lloyd, but changed its outlook on the liner to negative from stable. “The change of outlook on HL’s ratings is primarily driven by the company’s weaker-than-expected performance during the first nine months of 2011 that is likely to translate into credit metrics very […]
