The Ports of Indiana has named former Procter & Gamble executive Scott Stewart as port director for the Port of Indiana-Jeffersonville. Stewart retired from P&G in 2008 after 24 years. He most recently served as a senior policy director for Indiana Gov. Mitch Daniels and most recently as director of strategy for the Indiana […]
Cargotec, a Finnish terminal equipment and systems provider, has entered into a cooperation with Rosmorport in Russia to coordinte marine trnsport infrastructure development. “Rosmorport is a high-level leverage for participating in ports’ infrastructure development. This cooperation will also increase our opportunities to present our know-how in Russia,” said Mikael Mäkinen, Cargotec’s president and chief […]
The Port of Antwerp has signed two agreements with organizations in the inland Chinese metropolis of Chongqing – a training deal for international forwarders and an information exchange with mutual promotion on port matters.
It would be difficult to overstate how important it is for companies that are engaged in international trade to comply with the Foreign Corrupt Practices Act (FCPA) today. Enforcing the FCPA is now a top priority of U.S. law enforcement agencies, which have recently increased their efforts at a considerable pace. International anticorruption efforts are […]
The ocean carrier industry is finding it difficult to deploy a massive influx of capacity into global trades with relatively low levels of demand. Rates have faltered on the eastbound transpacific and westbound Asia/Europe trade, and newer trades are showing signs of similar vulnerability. Meanwhile, the usually dependable intra-Asia trade is growing slower than […]
Public companies are preparing to comply with new regulations that will require them to trace the source of four metals — tantalum, tin, tungsten and gold — in their products. The U.S. Securities and Exchange Commission will roll out rules to implement provisions in the mammoth Dodd-Frank Wall Street Reform and Consumer Protection Act, which […]
Horizon Lines said Monday that it will discontinue its trans-Pacific container shipping service, which moves cargo between the U.S. West Coast and Guam on its westbound leg and China and the U.S. West Coast on the return, eastbound leg. Horizon’s decision to end the service follows that of a number of carriers who […]
Intra-Asia ocean line MCC Transport informed customers in Thailand today that they will have an extra week of free time for import containers before they are charged demurrage fees due to the massive flooding in Bangkok. Thailand has experienced record floods since August that have killed at least 356 people. Flood waters are […]
The Grand Alliance carriers Hapag-Lloyd, NYK Line, and OOCL have added a vessel to their CCX transpacific service as well as a new call at Qingdao, according to American Shipper affiliate ComPair Data. The service, operated with NYK vessels, will have a revised rotation of Qingdao-Ningbo-Shanghai-Busan-Los Angeles- Oakland-Busan-Qingdao. The alliance will now deploy […]
The liner carrier MOL said its own-operated ships had a perfect on-time record on Asia-Europe services in the third quarter, while transpacific performance improved significantly in the same period. The Japanese line releases quarterly on time arrival performance statistics for its services – with separate statistics for its ships and ones on which […]
DB Schenker Rail will begin regular European-sized rail freight services between Poland and the UK starting Nov.8. It will run one train per week between Wroclaw, in Poland, and Barking, London, via the UK’s High Speed 1 rail route.
The International Federation of Freight Forwarders Associations has elected Stanley Lim Hwee Hong of Singapore as its new president at the organization’s general meeting in Cairo last week. Hong, who has been FIATA treasurer since 2007, will serve a two-year term. He was elected a FIATA vice president in 1995 and a senior […]
The ocean shipping software developer INTTRA says that e-commerce usage has reached an all-time high, with a record two million container orders per month initiated through its portal the last two months.
In 2009, as liner carriers struggled with a historic drop in container cargo demand, the Port of Los Angeles lent a hand of support. Los Angeles gave carriers a 6 percent rebate on the fees they paid the port – around $35 million in total – as a goodwill gesture to customers in a […]
The Port of Los Angeles is working with the U.S. Department of Commerce to assist local garment manufacturers penetrate second-tier Chinese cities with their products.
The commercial truck scarcity predicted for the past two years is starting to become reality, forcing shippers to rethink how to keep their supply networks functioning smoothly.
Today marks the official start of Maersk Line’s new Daily Maersk product between Asia and northern Europe. The Danish line will offer daily cut-offs at four origin ports in Asia and guaranteed transportation times to three key northern European ports, using its Asia-Europe service network and 70 own-operated vessels. The service is […]
FESCO Russian Pacific Line said Friday that it will link Tacoma and the eastern Russian port of Vladivostok with a breakbulk/Ro-Ro, and project cargo service beginning Nov. 17. The new service will have a transit time of 14 days. “We are introducing this improved service to meet our customers’ growing needs to […]
Trailer Bridge, which operates between the U.S. mainland, Puerto Rico, and the Dominican Republic, said Ivy Barton Suter, chief executive officer, had resigned effective Friday, October 21. Effective immediately, William G. Gotimer, Jr., executive vice president, general counsel and secretary, and Mark Tanner, vice president of administration and chief financial officer, were appointed […]
The liner carriers Mediterranean Shipping Co. (MSC) and CSAV will start a jointly operated service between the west coast of South America and northern Europe. The service, dubbed Ecuador Express by CSAV, will have a rotation of Guayaquil, Balbo, Cristobal, Bremerhaven, Rotterdam, Antwerp, Balboa, and Guayaquil. It will be operated with six vessels, […]
