Global Logistic Properties (GLP) of Singapore and China Investment Corp. have entered into a joint venture to acquire 15 distribution centers in Japan from LaSalle Investment Management for 122.6 billion yen ($1.6 billion). The portfolio of 15 properties to be acquired will have a floor area of 770,989 square meters with more than 90 percent located […]
The American Trucking Associations wants the Supreme Court to review its case against the Port of Los Angeles, which has increased requirements for truckers serving its container terminals.
PAR Technology is selling its PAR Logistics Management Systems (PAR LMS) subsidiary to ORBCOMM Inc., a N.J.-based global satellite data communications company. PAR LMS is a service provider focused on monitoring transport assets and cargo in the transportation and distribution industries. When PAR announced the sale, it said ORBCOMM will pay […]
Compatriot liner carriers COSCO Container Lines and China Shipping will start a slot-sharing deal in 2012 that will see China Shipping join three CKYH Alliance services as a slot buyer, COSCO said Wednesday. In the other direction, COSCO will take space on three services in which China Shipping is the predominant vessel […]
Chatham, N.J.-based Preferred Freezer Services (PFS) is expanding in China. The company in November opened a 25,000-square-meter temperature-controlled warehouse at Lingang Park near Yangshan port in Shanghai. A second facility is scheduled to open in the first quarter of 2012 in Waigaoqiao, while a third facility is under construction in Tianjin. […]
Progress Software, an operations software provider, has appointed Henry Hicks to vice president of supply chain. Hicks will head the marketing and development of Progress Software’s global supply chain practice. He was formerly vice president of worldwide services in sales and marketing at Lenovo Computers and held management positions at Deloitte, Dell, Frito Lay, and UPS.
Israeli flag carrier El Al became the 16th airline to settle a class-action suit on behalf of freight forwarders who claim they were harmed by paying inflated prices for transportation because of collusion by carriers on surcharges, the elimination or prevention of discounts and commissions. El Al agreed to pay $15.8 million to the […]
The French liner carrier will seek rate increases and peak season surcharges on Asia trades involving the east coast of South America, Caribbean, South Africa, and Indian Ocean islands.
The NOL Group, parent company of liner carrier APL, said Thursday that its chairman Cheng Wai Keung will retire from the board after 10 years in the position. The retirement will happen at NOL’s annual general meeting, scheduled for April 2012. Cheng will be replaced by Kwa Chong Seng, who is to […]
Classification society Germanischer Lloyd (GL) has appointed Christian Freiherr von Oldershausen to the newly created position of senior vice president of global sales. Von Oldershausen’s appointment reflects GL’s goal to further expand its global activities. He will be based in GL’s head office in Hamburg. He has more than 30 years […]
Meanwhile, Jettainer just picked up some extra competition in the ULD management field. CHEP, a global pallet and container pooling and supply chain services provider, has started a new division aimed at air freight unit load devices (ULDs). The new unit, CHEP Aerospace Solutions, will become the world’s largest independent network of […]
One-Day Conference—Breaking Barriers for U.S. Exports
Unions representing pilots flying cargo planes for FedEx and UPS are challenging the Federal Aviation Administration’s decision to exclude cargo operations from the final flight and duty time rule issued last week.
The U.S. Maritime Administration has advised operators of U.S.-flag ships that they should “protest but comply” with boarding requests by the Iranian Navy. “Reports from maritime forces and commerical maritime interests indicate concern with the potential for localized disruption to shipping in conjunction with future Iranian naval exericises,” MarAd said in a Dec. 23 advisory. […]
As previously reported by American Shipper, it is confirmed the New World Alliance of liner shipping carriers has merged its PS1 transpacific service with APL’s CMX service connecting Asia with the Middle East.
Echo Global Logistics, a transportation management company, has acquired all of the outstanding stock of Rochester, N.Y.-based TTS to expand its intermodal services.
The U.S. Trade and Development Agency (USTDA) has awarded a $450,000 grant to EcoRodovias, a privately held Brazilian intermodal logistics and highway concessionaire company. The grant will fund a technical assistance program to help EcoRodovias modernize and expand its use of intelligent transportation system (ITS) technologies on its road network in Brazil. […]
A notice seeks comments on ways to make the tariff filing exemption provided to licensed NVOs more useful, including giving foreign-based NVOs not licensed by the agency the ability to enter NRAs.
The Ethiopian Ministry of Transport has issued a directive, effective January, requiring all government-owned cargoes to be transported by the Ethiopian Shipping and Logistics Enterprise (ESLE) and only delivered to ports and warehouses that are recognized by the country’s customs service. The directive also covers vehicle shipments of more than three tons, requiring them to […]
Post NL, the private firm that provides postal service in the Netherlands, said it intercepted a large series of counterfeit postage stamps sold on public Websites at deep discounts. Legitimate stamps have certain authenticity features such as phosphor tagging that Post NL security systems automatically check as letters and packages go through […]
