DHL Global Forwarding said it will open eight offices in the U.S. this year in what it considers to be expanding markets with the potential for future growth. Offices have been opened in Austin, Texas; Albany, New York; Calexico, California; Reno, Nevada; Boise, Idaho; Greenville-Spartanburg, South Carolina; Louisville, Kentucky. Another office will be opened […]
The Global Port Tracker of the National Retail Federation and Hackett Associates forecasts that import cargo volume at the nation’s major retail container ports should be up slightly this month when compared to December 2010.
TUI Group took another major step on the path towards exiting the container shipping business by offering an additional 33.3 percent share in Hapag-Lloyd to the Hamburg-based group of investors, the Albert Ballin consortium.
The liner carrier CMA CGM said Tuesday that its new partner on the line’s Asia-New Zealand ANZEX service, OOCL, will provide one vessel on the service from the end of the month. American Shipper reported the partnership Monday. The service is currently operated with six CMA CGM vessels, but from the end […]
The liner carrier ANL will revise the surcharges it applies on shipments from North America to Australia, the line said this week. From Jan. 15, the line will assess port service charges of $395 per 20-foot container and $485 per 40-foot container for dry shipments and $460 per 20-foot container and $535 per […]
Hyundai Merchant Marine has secured $500 million in financing for its latest order of ultra-large containerships to be delivered in 2014. The South Korean line this summer order five 13,100-TEU ships to complement another five ships of the same size to be delivered in the first half of 2012. DNB Bank, […]
Maersk Kalmar Maersk and the U.S. Navy are testing algae-based biofuel on the container ship Maersk Kalmar. The ship, en route from Northern Europe to India, has a dedicated auxiliary test engine, which reduces the risks of testing, and its fuels system has a special biofuel blending equipment and separate tanks. During its month-long, 6,500 […]
The containership chartering company Seaspan Corp. said Tuesday that it has entered into a binding memorandum of understanding to buy Seaspan Management Services in a stock-based transaction valued at $54 million, excluding potential balance sheet adjustments and future fleet growth-based payments. Since Seaspan’s initial public offering in August 2005, the manager has provided […]
The United States and St. Christopher and Nevis signed an open skies aviation agreement that will liberalize air services for the carriers of both countries. “This agreement means the travelers, airlines and economies of both the United States and St. Christopher and Nevis will benefit from competitive pricing and more convenient service,” […]
George Ortega of Kinnelon, N.J., the former managing director of Passport CFS Logistics, was arrested Dec. 7 for allegedly embezzling or obtaining unlawfully about $1.6 million from ARGIX Direct.
Supermercados Peruanos S.A. (SPSA), one of the largest supermarket chains in Peru, has implemented a Cloud-based warehouse management service (WMS) from LogFire at its new distribution center in the Southern region of Lima. According to LogFire, the implementation of the new WMS took four months to go live and included redesigning logistical processes […]
DSC Logistics, a third party logistics provider, has chosen PINC Solutions to improve visibility and facility operations at its logistics center in Mira Loma, Calif. PINC develops turnkey and Software-as-a-Service (SaaS) yard management and supply chain visibility products for 3PL companies with the goal of increasing efficiency and reducing costs. “We continue […]
The Port Authority of New York and New Jersey said that on Monday its board of commissioners approved a $39 million investment to design and reconstruct a section of Corbin Street – one of the main roadways serving the New Jersey Marine Terminals – along with the wharf and culvert at Berth 3 in […]
The National Labor Relations Board on Dec. 9 decided to withdraw its complaint against Boeing Co. for opening a second production line for its new 787 Dreamliner aircraft in South Carolina, a right-to-work state.
Protests linked to the “Occupy Wall Street” movement around the country had limited success in disrupting operations at West Coast ports on Monday.
Waiting on confirmation from a couple lines on this, but it should be good to go
TNT Express on Monday said it has sold its domestic road operations in India to a logistics subsidiary of India Equity Partners (IEP) in order to focus on its international business. “The decision comes after an extensive review of the prospects for the domestic road business in India within TNT Express’ business portfolio,” […]
The liner carrier APL saw its average revenue per 40-foot container fall 14 percent year-on-year in the period from Oct. 22 through Nov. 18, its parent company NOL said Monday. APL’s average rate per FEU dropped to $2,401. The line’s volume rose 2 percent, to 448,400 TEUs in the same period. Year-to-date, average […]
CSAV attempts to raise $1.2 billion in capital to shore up its faltering liner business as it prepares to spin off its port, tug and logistics operations to wall those businesses off from the loss-making container shipping unit.
The Coalition for Employment through Exports (CEE) wants Congress to pass legislation reauthorizing the U.S. Export-Import Bank through 2015 before adjourning for the year. With its charter having expired on Sept. 30, the CEE said the bank needs to be reauthorized as soon as possible to ensure continued support for U.S. exports and […]
