Hanjin Shipping said Wednesday it plans to raise rates from Asia to Europe and West Africa from Dec. 23. The increases are $200 per 20-foot container and $400 per 40-foot container from Asia to Northern Europe and West Africa; and $175 per 20-foot container and $350 per 40-foot container from Asia to […]
U.S. Xpress Enterprises, a privately owned trucking company based in Chattanooga, Tenn., has expanded its Xpress Direct Demand Critical fleet by adding smaller capacity cargo vans and straight trucks. The company presently has 30 of these vehicles and plans to have 150 to 200 in use by mid-year 2012. U.S. Xpress decided […]
The U.S. business community has vociferously complained about the burden it faces dealing with a rising tide of regulations from Washington. Regulations are a political punching bag in the Republican primaries because they supposedly represent know-nothing bureaucrats trying to hinder hard-working Americans. “What really would help if you’re not going to do the […]
The Malaysian shipping company MISC Berhad said it’s quiting the container shipping buisness. MISC said “the radical change in the operating dynamics of the liner industry which is driven by high operating cost and rapid changes in global trade patterns is challenging the validity of today’s operating models. With the pursuit of size […]
AMR Corp. the parent of American Airlines, said it filed on Tuesday voluntary petitions for Chapter 11 reorganization in the U.S. Bankruptcy Court for the Southern District of New York. The company said its board of directors determined “a Chapter 11 reorganization is in the best interest of the company and its stakeholders.” American […]
Horizon Lines announced Tuesday it had reached a $13.75 million settlement with the remainining shippers who opted out of a class action settlement it and other liner companies to Puerto Rico had entered into in 2009.
DHL is starting three new direct less-than-containerload (LCL) services from Hong Kong, the company said Monday. The new services will connect Hong Kong with San Jose, Costa Rico; Tanjung Pelepas, Malaysia; and Constanta, Romania. LCL shipments are handled by DHL’s in-house non-vessel operating common carrier Danmar Lines.
COSCO Container Lines said this week it plans to raise rates from Asia to Europe and the east coast of South America in December. The proposed rate hike from Asia (including the Indian Subcontinent) to Europe (including northern Europe, the Mediterranean and Black Sea) is $225 per TEU, effective Dec. 26. The […]
The U.S. government has seized 150 domain names of commercial Websites engaged in the illegal sale and distribution of counterfeit goods and copyrighted works.
Dubai-based logistics company Aramex said Monday that it has started a joint venture with the China-based freight forwarder/express/logistics company Sinotrans Air Transportation Development Co. (Sinoair). The joint venture Aramex Sinoair is intended to link Aramex services with Sinoair’s broad coverage of the China market, with the first office opened in Shangahi. […]
Washington Notebook
During the next four years, Swiss WorldCargo will introduce new “lightweight” containers to its fleet. The company said the unit load devices (ULD) will significantly reduce weight and, by extension, lower fuel consumption, costs and CO2 emissions. Starting in December, the cargo division of Swiss International Air Lines Ltd. will start deploying the containers […]
SoCal ports, local groups team up to prevent cargo diversion. By Eric Kulisch The expansion of the Panama Canal in 2014 and the potential threat that it will draw transcontinental cargo away from Southern California ports to Gulf and East Coast rivals is a useful foil for getting local support to make the Port […]
Maersk Line has signed a five year contract infrastructure services agreement worth more than $150 million with Hewlett-Packard, under which Maersk will use HP’s cloud-enabled data centers and HP Workplace Services. “This is about enablement of the Maersk Line organization, allowing all our individuals, teams and departments to leverage the latest technologies in […]
The NCBFAA has asked the FMC to look again at its recent exemption rules concerning NVOCC rate arrangements (NRAs) and NVOCC service arrangements (NSAs) which are little used.
A drop in business confidence amidst worsening economic conditions led to a 4.7 percent drop in freight-ton kilometers flown in October versus the same month in 2010, the International Air Transport Association reported Monday. Since June, air cargo volumes have slumped almost 5 percent even though world trade overall is only off by 1 […]
May mean 2010 You are right; I’ve corrected it
APS Stevedoring, a new auto and general/breakbulk cargo stevedoring company headquartered in Long Beach, Calif., began its first operations at the end of October in the Port of Richmond, Calif. Current customers in Richmond include Subaru, Honda, MOL, Act Maritime, K Line and NYK. The company plans to expand throughout the U.S. West […]
The Indian government last week opened its doors to multinational retailers through a relaxing of foreign direct investment regulations. The government has proposed allowing single-brand retailers (such as the furniture giant IKEA) to wholly own stores in India, while multi-brand retailers (like Wal-Mart and Carrefour) can own a 51 percent stake. Previously foreign […]
Maersk Line said last week it is raising rates from Asia to a host of destination regions from Dec. 15. From the Far East to Mexico, Central America and the west coast of South America, rates will rise by $600 per 20-foot container and $1,200 per 40-foot or 45-foot high-cube container. To […]
