Shipping executive charged with embezzlement
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.
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 […]
This week’s “Washington Notebook” by Associate Editor Eric Kulisch discusses the tangible accomplishments of U.S. Customs and Border Protection during the past 12 to 18 months with regard to commercial trade processing and cargo security. But members of the trade community are feeling mixed emotions about this development. On the one hand there is palpable excitement, […]
The New World Alliance has added a call at Qingdao and an eastbound second call at Yokohama on one of its transpacific services linking Northeast Asia with California, according to American Shipper affiliate Com Pair Data. The APL-operated PS5 service has a revised rotation of Qingdao, Shanghai, Busan, Yokohama, Los Angeles, Oakland, Yokohama, Busan, […]
Aramex, a Dubai-based freight logistics services provider, has acquired Berco Express (Pty) Ltd in South Africa. Berco Express, formed by Bernard Cox in 1992, has 15 branch offices and 700 employees across South Africa. The acquisition of Berco Express follows Aramex’s recent foray into the Chinese market with the launch of […]
Washington Notebook
INTTRA and Kewill have announced the formation of a strategic alliance to give Kewill’s customer base access to INTTRA’s multi-carrier network. INTTRA, which focuses on providing e-commerce solutions for the ocean freight industry, provides a network of more than 30 ocean carriers on a single connection and bills this as the largest […]
The ILA and NIT League are both expressing concern to the FMC about plans by around 20 liner companies to alter their chassis pool agreement on file with the commission, expanding their antitrust immunity to other companies.
Four major trade organizations representing both ports and carriers are calling on the International Maritime Organization (IMO) to require, before loading, that the ship and the port verify all container weights.
Transmart India has sold its warehousing business to Future Supply Chain Solutions, the logistics and supply chain arm of Future Group. Included in the sale are more than 12 clients and a 2,000,000-square-foot distribution center outside Mumbai. Future Supply Chain Solutions said that the deal will give it a readymade infrastructure able to […]
Francis, I’ve updated this with some of the issues we discussed. Let me know what you think.