Descartes Systems Group had second quarter net profit of $2.6 million, 30 percent more than the $2 million earned in the same period a year earlier. Revenue was $28.8 million in the quarter ending July 31, up 14 percent from $25.2 million in the second quarter last year. The Waterloo, Ontario-based logistics […]
Exel, the North American contract logistics unit of DHL Supply Chain, said it will build a 250,000-square-foot distribution center in Laredo, Texas, to serve as a hub for shipping across the U.S.-Mexico border. Officials expect to complete the multiclient facility, which will meet the highest security and environmental certifications, by July 2012. […]
A federal judge in Tacoma, Wash., on Thursday found the International Longshore and Warehouse Union and two of its locals in contempt of a temporary restraining order it had issued earlier this month.
The Port of Antwerp will begin constructing the world’s largest lock near Deurganckdock on the left bank of the Scheldt River. The Belgian port already has the biggest lock, the Berendrecht lock. The new Deurganckdock lock will be even deeper than the Berendrecht, to handle the increasingly larger containerships. It will have a […]
Washington Notebook By Eric Kulisch Transportation Secretary Ray LaHood recently pointed in his blog to two construction projects as examples of the type of infrastructure upgrades the United States needs to maintain an efficient and safe transportation system that can support economic activity. One is the modernization of the control tower at Oakland […]
Maersk Line said this week it has adjusted its Asia/Mediterranean service network, adding calls in Valencia and La Spezia and narrowing rotations on services connecting its key Asian origin ports with Port Said in Egypt. The adjustments affect five services — four operated by Maersk and one by CMA CGM on which the […]
Maersk Line said this week it is seeking rate increases on a host of global trades. From Oct. 1, the line plans these increases: • Southeast Asia to Australia, $300 per 20-foot container and $600 per 40-foot container. • Northern Europe to the East Coast of South America, $150 per 20-foot […]
Horizon Lines said Wednesday it has closed on a bridge loan facility of up to $25 million from a group on noteholders and reached an agreement with its existing bank group to amend its current credit facility to accommodate the bridge loan. It also said it has made a $7 million payment to […]
Maersk Line will in October switch its TA2 service calls at the Port of New York-New Jersey from the APM Terminals facility to the Maher Terminals facility, the line said this week. APMT is Maersk Line’s sister company. The switch will occur Oct. 9. The TA2 has a rotation of Rotterdam, Felixstowe, […]
Mediterranean Shipping Co. said Wednesday it has suspended its planned peak season surcharge from the Far East to eastern Mediterranean and Black Sea ports. The line had originally planned a fee, $225 per TEU, from Sept. 5, but delayed it until Sept. 15. Now the line is abandoning it altogether. Liner […]
UPS Wednesday said it will launch on Oct. 3 a new product called UPS My Choice, which is designed to make it easier for receivers of parcels to avoid missed deliveries. The company said out of the 5 million or so homes it visits each day, it leaves 100,000 to 200,000 missed delivery […]
The U.S. Trade and Development Agency signed a grant agreement with the Middle Airports Corp. (MAC) to help expand Chu Lai International Airport, Vietnam’s largest airfield. The grant will fund a feasibility study of the Chu Lai Airport becoming a regional cargo hub, thus helping to increase the operations of U.S. cargo carriers […]
The University of Leicester in the United Kingdom is studying the impact of volcanic ash on jet engines to better advise the airline industry on whether it is safe to fly following an explosive volcanic eruption. The study, led jointly by Hongbiao Dong of the Department of Engineering and Mike Branney of the […]
Cargoitalia, Italy’s all-cargo airline, has appointed Molocon Logistics Consulting, a specialist aviation-marketing consultancy based in Germany, to conduct a full review of its system-wide sales and customer relations functions. “The review is part of a wider reappraisal of the airline’s operations, designed to better position it to respond to recent adverse market,” the […]
Swissport International, a provider of ground services to the aviation sector, has appointed a new management team to run its ground handling operations at Brussels Airport. Marcel Buelens will serve as chief executive officer, and Alex Weidmann as chief operating officer for ground handling operations in Brussels. Swissport Cargo Services will remain under […]
NYK Line North America said it will no longer routinely provide chassis in the Northeast, including in the New York-New Jersey market, effective Nov. 14. NYK said the change would “build efficiencies while minimizing the environmental impact of having a large number of chassis that are used intermittently and have to be stored […]
CSCMP cultivates university-led research to benefit careers of members. By Chris Gillis The Council of Supply Chain Management Professionals has long been a gathering point for serious supply chain managers to network and exchange ideas and best practices, and it’s only natural that more academics and researchers specializing in this field have also gravitated […]
Ex-CBP chiefs: Congress misguided on border security
Southern California’s container ports said volume fell 8 percent in August to 1.26 million TEUs, including a 12.3 percent throughput drop at the Port of Long Beach. Long Beach’s August volume fell to 525,929 TEUs, including a 14.2 percent drop in loaded imports to 267,198 TEUs. Los Angeles’ volume fell 5.3 percent […]
On Second thought… By Beth Peterson Have you ever been sitting in a corporate meeting trying to explain why global trade compliance is important, and all you get back are blank stares? Over the years I’ve come to realize that a company’s lack of understanding of the basics of global trade has absolutely […]
