The Grand Alliance carriers will this month pull one of their four services connecting Asia and Europe, according to a note from member Hapag-Lloyd on Monday. GA lines, which also include NYK Line and OOCL, will pull their Loop D/EUD service from the Nov. 6 sailing. The service, according to American Shipper affiliate […]
Low ocean freight rate levels on the major east-west trades this year are fundamentally different from those seen in 2009, the maritime analyst SeaIntel said this week. In its SeaIntel Sunday Spotlight report, the analyst argued certain major container lines have a vested interest in keeping rates low to drive down the number […]
Evergreen Line said this week it is splitting into two legs an intra-Asia service linking Japan, Taiwan, South China, and Southeast Asia that it introduced in March. The move is being made to tap into faster-growing trade between China and Southeast Asian nations, specifically Vietnam and Indonesia. The line will pull its […]
MCC Transport, the intra-Asia subsidiary line of the A.P. Moller-Maersk Group, has started a new Malaysia feeder, the carrier said Tuesday. The service, dubbed MA-2, has a rotation of Tanjung Pelepas, Singapore, Kuching, Muara, Kota Kinabalu, and Tanjung Pelepas.
The liner carrier MOL has significantly increased the size of its vessel deployed on a service linking Japan and Southeast Asia, according to research from American Shipper affiliate ComPair Data. On the line’s CBE service, MOL has switched out all three vessels, more than doubling the average vessel size from 1,076 TEUs to […]
Maersk Line said this week it will raise rates on shipments from the Ecuadorian port of Guayaquil to the U.S. East Coast from Nov. 27. The proposed increase, which covers shipments to Miami, Newark, Savannah, and Philadelphia, will be $100 per 20-foot container and $200 per 40-foot or 40-foot high-cube container.
Maersk Line this week will start assessing a congestion surcharge on cargo moving in and out of Sydney. The surcharge, $100 per 20-foot container and $200 per 40-foot container, will be assessed from Nov. 3 to all destinations except the United States and Puerto Rico. To those destinations, the surcharge takes effect from […]
“K” Line said Tuesday it is joining an intra-Asia service linking South Korea with Southeast Asia operated by Korean lines Hanjin Shipping and Heung-A Shipping. The service, dubbed KPI by Hanjin and Heung-A, has a rotation of Incheon, Xingang, Pyeongtaek, Busan, Manila, Singapore, Jakarta, Manila, Busan, and Incheon. It’s operated with four vessels […]
Celadon Group’s recent acquisition of Frozen Food Express Industries’ dry van fleet and interest in fellow truckload carrier USA Truck are examples of how new economic pressures could lead to greater consolidation of the fragmented U.S. trucking industry. In early October, FFE announced it was exiting the dry van transportation business to focus […]
C.H. Robinson Worldwide has launched its CHRWtrucks.com mobile application to allow motor carriers to enter pick up information, check calls, and delivery information within a couple clicks. Information is populated by location services on the smartphone which reduces guesswork and typing, the Eden Prairie, Minn.-based company said. Additionally, carriers can post empty equipment […]
UPS Freight said Tuesday it has launched a new service for less-than-truckload (LTL) shippers that will provide visibility of the pickup process by confirming when a pickup is scheduled, informing them when the UPS Freight driver is en-route to the pickup location and notifying them when the pickup is made. UPS Freight said […]
Freight Exchange of North America has named Chris Frei as vice president of sales and marketing. Prior to this appointment, Frei spent more than 20 years at Kintetsu World Express where he was most recently director of sales and border logistics. Frei will operate from his El Paso office and travel often to […]
Southern Air Holdings has started operating a Boeing 747-200 freighter for Centurion Air Cargo under a multiyear ACMI (aircraft, crew, maintenance and insurance) agreement. From Miami International Airport, Centurion, together with its related party SkyLease Cargo, operates a fleet of four MD-11 freighters; leases an additional six MD-11 freighters from SkyLease Cargo; provides […]
Manufacturing activity slowed down 0.8 points in October from the previous month. The Purchasing Managers Index (PMI) had a weak reading of 50.8 percent, based on scale where anything above 50 indicates economic expansion.
The Senate on Tuesday confirmed Eric L. Hirschhorn’s nomination to be undersecretary of the U.S. Commerce Department’s Bureau of Industry and Security, a position he has held through a recess appointment by President Obama since April 2, 2010. Hirschhorn Hirschhorn is highly regarded among U.S. export interests for the work that he and […]
The owner of an export company in Miami was sentenced today to 46 months in prison for his role in a scheme to defraud the U.S. Export-Import Bank of about $24 million, the U.S. Justice Department said on Tuesday. Guillermo O. Mondino, 48, was sentenced by Judge Ricardo M. Urbina in U.S. District […]
PayCargo, a provider of electronic invoicing and settlement solutions for the shipping industry, said Tuesday it has completed its integration with Logisuite, a software provider to the transportation industry. “With this new integration PayCargo will provide Logisuite clients with its payment process services, and will integrate directly into their accounting module to provide […]
Trade and supply chain software developer GT Nexus said last week it has signed a contract with LyondellBasell, one of the world’s largest plastics, chemical and refining companies, to extend the capabilities of its existing cloud-based logistics visibility platform. “The new services will automate the closed loop process for tendering and rate management […]
FedEx Trade Networks, the freight forwarding arm of FedEx Corp., has opened new branches in Johannesburg, South Africa; Bologna, Italy; and Ankara and Izmir, Turkey. The move is part of an expansion plan started in 2008. FedEx has since opened 45 forwarding offices in Europe, Latin America, the Middle East and Asia to […]
Non-vessel-operating common carrier Shipco Transport, through an agreement with Renewvia Energy, will power its New York warehouse, International Cargo Terminals, exclusively from a 1.26 megawatt rooftop solar system. The system is made up of 5,300 panels and will reduce emissions of greenhouse gases by 247 tons annually, according to Renewvia Energy. “Paired […]
