The German project cargo and heavy lift specialist carrier Rickmers-Linie said it will soon begin making regular monthly calls at the Port of Bilbao in northern Spain. To test the market, Rickmers-Linie has already made several calls recently, mostly on an inducement basis. Inbound cargoes have included steel plate from Asia and granite […]
Mediterranean Shipping Co. said Thursday it has adjusted its bunker adjustment factor on shipments from the Far East to the United States. The revised bunker fee levels are $757 per 20-foot container, $947 per 40-foot container, and $1,065 per 45-foot container to U.S. East Coast ports; and $411 per 20-foot container, $514 per […]
Hong Kong’s SuperTerminal 1 – the world’s largest independent air cargo handling facility – will migrate to a totally new cargo management system in December, following almost three years’ development by the operator of the terminal, Hong Kong Air Cargo Terminals, Ltd. (HACTL). The new $30 million system is the fourth major upgrade […]
Forward Air Corp. said it had profit of $12.9 million in the third quarter ending Sept. 30, 45 percent more than the $8.9 million earned in the same 2010 period. Revenue for the third quarter was $135.7 million, 11 percent higher than the $121.5 million in the third quarter of 2010. “We […]
DHL Supply Chain has appointed Richard Winnall as the new country manager of its Singapore operations. He takes over from Peet Leong, who left the company to pursue opportunities outside the logistics industry. Winnall will report to Oscar de Bok, chief executive officer for South and South East Asia at DHL Supply Chain.
Electronic devices on trucks that record the amount of time a vehicle is driven by an individual have gotten a bad wrap for reducing fleet productivity, but an industry expert says results depend on how they are used. Many large motor carriers have voluntarily installed onboard recorders on their trucks to make sure […]
Frozen Food Express Industries (FFEI) said it has agreed to sell its dry van trailers and surplus tractors to Celadon Trucking Services. The refrigerated trucking firm said it was following through on a plan announced earlier this month to sell about 435 dry van trailers and reduce its fleet of tractors by 290. […]
The trucking and logistics company Werner Enterprises said it had profit for the third quarter ending Sept. 30 of $29.6 million, 22 percent more than the $24.2 million earned in the same 2010 period. Revenue for the Omaha, Neb.-based company was $509.6 million in the third quarter, 10 percent more than the $463.3 […]
One of the hard lessons resulting from the triple disaster in Japan last spring is that companies did not have as diverse a supply base for components as they thought, Jenny Lin, senior economist for Ford Motor Co., said Wednesday. Car makers temporarily idled assembly plants in Japan, the United States and Europe […]
The Coalition for American Solar Manufacturing has filed complaints against Chinese companies for dumping products within the U.S.
A group of more than 35 industry associations in a letter Wednesday to the White House voiced their support for the United States’ effort to negotiate an updated, robust Trans-Pacific Partnership (TPP). They also urged the administration to continue the country’s longstanding and bipartisan approach of seeking a comprehensive TPP agreement that covers […]
The Transportation Marketing and Sales Association (TMSA) will hold two new educational webinars later this month. On Oct. 27, Rick Karlton, director with the sales, marketing and communications practice at the Sales Executive Council, will discuss the alignment between sales and marketing. The webinar will teach attendees how to deliver insights to customers […]
XPO Logistics of Buchanan, Mich. said Scott Malat has been appointed senior vice president of strategic planning. He will be responsible for advising on the company’s strategy and capital structure, analyzing potential acquisitions and other growth opportunities, and managing investor relations. Malat was most recently with Goldman Sachs Group, where he served […]
Non-vessel-operating common carrier Ocean World Lines opened a new office in Houston to handle cargoes to and from the region. OWL, a subsidiary of Pacer International, will handle project and out-of-gauge cargoes too large for standard containers, as well as provide logistics services specific to the petro-chemical industry. “It is a fast growing […]
New York Gov. Andrew Cuomo has appointed Patrick Foye as the new executive director of the Port Authority of New York and New Jersey (PANYNJ). Foye is currently the governor’s deputy secretary of economic development, a role in which he manages the state’s initiatives for economic recovery, investment, and job creation, and oversees […]
Maersk Line and MISC have significantly increased the coverage of a service linking Southeast Asia and Oceania, adding six calls and five vessels to their NZ1/NZE service, according to American Shipper affiliate ComPair Data. The additions change the service from a loop to a butterfly arrangement, with new calls at Port Kelang, Brisbane, […]
The CMA CGM Group said Wednesday that Emirates Shipping Line has joined as a vessel provider in a service connecting Southeast Asia with East Africa. The service, dubbed ASEA by CMA CGM, since last week has operated with six vessels (four from CMA CGM subsidiary Delmas and two from Emirates). The move will […]
Mediterranean Shipping Co. said this week it will assess a low water surcharge on shipments moving from northern Europe to Canada and the U.S. Midwest via Montreal. The low water fee will be $100 per 20-foot container and $150 per 40-foot container from Nov. 7.
Maersk Line has tweaked the rotation of a service connecting Europe with the Indian Subcontinent, according to American Shipper affiliate ComPair Data. The line’s ICON service, on which subsidiary line Safmarine takes slots, is dropping calls at Chennai and one of two calls at Colombo. A second Colombo call will remain as the […]
Import cargo volume at the nation’s major retail container ports is expected to increase 2.6 percent in October over the same month last year and should reach its highest level of the year as retailers stock up for the holiday season, said the monthly Global Port Tracker report released Tuesday by the National Retail […]
