Arab Coalition attacks Port of Hodeidah
Ocean carrier MSC said it will divert cargo destined for Hodeidah to the Port of Aden after airstrikes by the Saudi-led coalition caused major damage to port infrastructure.
Ocean carrier MSC said it will divert cargo destined for Hodeidah to the Port of Aden after airstrikes by the Saudi-led coalition caused major damage to port infrastructure.
Pararescuers were unable to save the seafarer after he became ill.
Shipment volumes and, expenditures both decreased compared with June figures, but this is “in line with the seasonal patterns of the last five years,” according to the latest Cass Freight Index Report.
The Northwest Seaport Alliance handled 296,349 TEUs in July and nearly 2.1 million TEUs for the first seven months of 2015, up 8 percent and 4 percent, respectively.
U.S. trailer net orders in July fell 24 percent from last month, but were up 13 percent year-over-year, according to the latest figures from freight transportation analyst FTR.
Third party-logistics provider Damco announced it will provide ocean freight and landside services for KONE, an elevator, escalator and automatic building door solutions provider.
Net profit after tax and total cargo volumes for the 12-month period ended June 30 saw year-over-year increase growth of 1.1 percent and 2 percent, respectively.
The parcel giant opened its fifth facility in the Chicago, Ill. area.
Federal Maritime Commissioner Doyle and shipper groups say they want more details on the Port of Oakland’s plan to help relieve congestion by opening facilities on Saturdays and charging peak usage fees.
The parcel giant announced yesterday it officially closed on the acquisition of Coyote Logistics for $1.8 billion.
Profits increased compared to the same 2014 period despite lower revenues and volumes due to the ocean carrier leaving certain trades and weak demand on Asia-Mediterranean routes.
The German ocean carrier said it plans to use the refrigerated boxes to take advantage of growth opportunities in the South American trade lanes.
Truckload pricing increased 3.6 percent year-over-year in July after a similar increase in June, according the latest Cass Truckload Linehaul Index.
Year-over-year rates were down for the seventh consecutive month in July in response to increased demand in the truckload sector, according to the latest Cass Intermodal Price Index.
The seasonally adjusted index for July 2015 equaled 135, a year-over-year increase of 3.7 percent.
Iron ore loadings by U.S.-flag Great Lakes freighters in July 2015 dropped 10 percent compared with July 2014.
The Singapore-based transportation and logistics company said the new consolidation center in Ho Chi Minh, Vietnam is its largest single-roof container freight station (CFS) within its Southeast Asia CFS network.
The third-party logistics company said it will be 3M’s preferred logistics service provider in warehouse management and distribution in Singapore, Malaysia and Indonesia.
Echo Global Logistics appoints new VP of marketing, while Alliance Shippers names VP for Ohio Valley region.
Third party logistics provider Kane Is Able says Volvo breached its warranties and the 3PL is entitled to compensation for the truck that caught fire and six remaining CNG vehicles.