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 […]
The six liner carrier members of the Grand and New World alliances said Tuesday they will join together in the Asia-Europe trade from April to provide nine jointly operated services. The new partnership, dubbed the G6 Alliance, will encompass more than 90 vessels from the six lines, calling at more than 40 […]
I’m not sure when we do and do-not grab pictures for these. This doesn’t seem like one of those cases but if I’m wrong there are a few within the press release itself:https://www.camsys.com/pressreleases/pr_dec11_KimonJay.htm?utm_source=pressrelease&utm_medium=email&utm_campaign=dec11tdfleadership
The German liner carrier Hamburg Süd said it’s making significant changes to its network between Europe, the Caribbean, Central America, South America, and the U.S. West Coast, starting in February.
The liner shipping company OOCL has ended its slot charter agreement with Emirates Shipping Line on the latter’s weekly Hyper Galex service between Asia and West India/Pakistan, confirmed American Shipper research affiliate ComPair Data.
Indianapolis-based Celadon Group’s buy of truckload carrier Glen Moore from YRC Worldwide last week fits its strategy of looking for discounts to quickly add driver capacity and shed old equipment, according to Chief Executive Officer Stephen Russell.
The Texas Transportation Commission last week approved an amendment that will expand the Port of Brownsville’s authority to issue permits for operating overweight trucks on designated highways in the district. Port officials have had limited authority for a number of years to issue overweight permits to businesses along certain designated routes. The amendment expands the port’s authority, specifically to […]
Swiss freight forwarding giant Panalpina has opened a 10,000-square-meter logistics center at Tianjin in North China to cater to Bosch Automotive Diesel Systems, and has plans to set up more facilities across China for other shippers in the next three years.
Global trade and logistics management services provider TridentGLOBAL has entered an alliance with Bolero International to develop and market a range of integrated export documentation services for shippers. The two companies will work together globally, incorporating Trident’s export documentation with a Bolero ePresentation and allowing the content to be managed through Bolero’s […]
Diana Containerships said Monday it has signed an agreement to purchase two containerships with capacities of 3,750 TEUs each from Reederei Santa Containerschiffe GmbH & Co. KG. Diana said it paid $33 million each for the 2001-built Cap San Marco and 2002-built Cap San Raphael. The ships are being chartered back to the […]
Global enterprise application provider IFS has signed an agreement to purchase 100 percent of the shares of LatinIFS Tecnologia da Informação S.A. in cash. The acquisition is geared to strengthen IFS in the Latin American market. The move follows other acquisitions by IFS in the Brazil, Russia, India and China economies. IFS specializes in […]
Øivind Lorentzen III, chief executive officer of Seacor Holdings Inc., has been named the Connecticut Maritime Association’s Commodore for the year 2012. The award will be presented on March 21 at a dinner marking the conclusion of the association’s annual conference and trade exposition at the Hilton Hotel in Stamford, Conn. It […]
By Eric Kulisch If you don’t watch Fareed Zakharia’s “GPS” program Sunday mornings on CNN, you should. The journalist and foreign affairs analyst gets past the surface noise to provide provocative analysis about what’s really going on at the intersection of global economics and politics. GPS stands for Global Public Square. It’s a […]
Trimble has appointed PeopleNet Chief Executive Officer Ron Konezny as the new general manager of Trimble’s worldwide Transportation and Logistics (T&L) division. Konezny had been with PeopleNet, which specializes in integrated onboard computing and mobile fleet communication systems in North America, since its founding in 1994 and was appointed CEO in July 2007. […]
Maersk Line Chief Executive Officer Eivind Kolding will step down from his post in January to become executive board chairman at Danske Bank. Kolding, who took over the top spot at the world’s biggest container line in 2006, will be replaced Jan. 16 by Søren Skou, currently CEO of Maersk Tankers. ”Under Eivind […]
European Shippers Council members are becoming increasingly concerned about the impact on supply chains from European Commission regulation 185/2010 which will amend the air cargo security regime after April 29, 2013.
Freight forwarder Dachser said it has been accredited by Envirotainer to handle pharmaceuticals via air freight in compliance with good distribution practice (GDP) guidelines. The accreditation initially applies to Dachser’s facilities in Germany, including Frankfurt, Munich, Münster-Osnabrück and Stuttgart. The company intends to expand its partnership with Envirotainer on a global level, […]
A consortium of carriers running a transatlantic express loop, known as the Grand Alliance’s Atlantic Express, will increase the size of their vessels deployed on the service from March.
