Maritime

Chris Gillis Thursday, February 27, 2014

Desiccant maker Clariant keeps cocoa beans dry

   Clariant Corp., a maker of desiccant materials, said its Container Dri II desiccant products exceed new specifications from the Federation of Cocoa Commerce Ltd. for protection of cocoa bean shipments in containers during transit.    The updated federation guidelines, published in November 2013, no longer recommend silica gel desiccant bags; instead, it prefers calcium […]

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Chris Gillis Thursday, February 27, 2014

Redwood City port signs on Boxer Industries

   The Redwood City Port Commission on Wednesday approved a three-year lease with Boxer Industries for a carbon black pilot production facility.    Boxer Industries, based in Silicon Valley, Calif., develops technologies that convert natural gas into chemicals and materials for customers worldwide. Carbon black is a material used in manufacturing nearly all black rubber […]

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Chris Gillis Thursday, February 27, 2014

Echo buys Comcar Logistics

   Echo Global Logistics has acquired Comcar Logistics, a non-asset-based truckload brokerage based in Jacksonville, Fla.    Founded in 2011, Comcar provides truckload brokerage to a range of customers, primarily in the Southeastern and Rocky Mountain regions. Comcar is led by Lane Turner, who will serve as a regional vice president for Chicago-based Echo.    […]

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Chris Dupin Wednesday, February 26, 2014

Construction begins on LNG-powered ships for TOTE

   Construction of the first of two new containerships for TOTE Inc. that will use liquefied natural gas (LNG) as fuel began Monday night at the General Dynamics NASSCO shipyard in San Diego.    Fireworks marked the first cut of steel in a ceremony for the so-called Marlin Class ships, which will replace older ships […]

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Chris Gillis Wednesday, February 26, 2014

BNSF Logistics to manage wind turbine components in West Texas

   BNSF Logistics and Tri Global Energy have entered into an agreement to align resources, market knowledge and industry relationships to support BNSFL’s development of the West Texas Wind Energy Logistics Center.        The joint marketing agreement will focus on managing capacity, optimizing routing of turbine components and increasing volumes through a central facility to […]

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Chris Dupin Wednesday, February 26, 2014

Maersk to raise European rates

   Maersk said that on April 1 it will raise freight rates from North Europe to the United States (East, Gulf and West Coast) by $500 per container. Eastbound rates from the U.S. to North Europe will be increased by $100 per container.

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Chris Dupin Tuesday, February 25, 2014

Expeditors reports 1% drop in Q4 profit

   Expeditors reported a profit attributable to shareholders of $83.5 million in the fourth quarter of 2013, a 1-percent drop from the same 2012 period. Revenue in the quarter was $1.63 billion, up 6 percent.    For the full year, Expeditors had a profit attributable to shareholders of $348.5 million, a 5-percent increase over 2012. […]

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Chris Gillis Tuesday, February 25, 2014

Shutdown sought for 4 Calif. children’s product importers

   The U.S. Justice Department on Monday asked a federal court in California to issue an injunction seeking to shut down operations of four California companies and six individuals related to illegal imports of children’s products containing toxic substances such as lead and phthalates, and toys that contained choking hazards.    The companies in the […]

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Chris Dupin Tuesday, February 25, 2014

N.J. legislators seek to curb Waterfront Commission

   Two New Jersey legislators are seeking to limit the ability of the Waterfront Commission of New York Harbor from regulating the supply of labor in the Port of New York and New Jersey.    “The Waterfront Commission was created in the early 1950s to perform background checks and eliminate the presence of organized crime […]

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Chris Dupin Friday, February 21, 2014

Navios sees opportunity in container shipping

   The Navios Group is a powerhouse in the bulk shipping world.    Recently, it has also taken an interest in the container shipping business.    The Piraeus-based Navios Group consists of three New York Stock Exchange (NYSE) -listed companies and one unlisted logistics company: Navios Maritime Holdings L.P. (NYSE: NM) has a fleet of […]

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Chris Dupin Friday, February 21, 2014

Contingency planning

Avoiding a supply chain meltdown if West Coast dock labor negotiations sour.    Negotiations between the Pacific Maritime Association (PMA) and International Longshore Workers Union (ILWU) on a contract that expires July 1 are not expected to begin until mid-May, but some logistics professionals are urging businesses to start thinking about contingency planning in case […]

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Chris Gillis Friday, February 21, 2014

Commerce secretary readies Mideast trade mission

Pritzker    U.S. Secretary of Commerce Penny Pritzker said Thursday that 21 U.S. companies will join her second trade mission, which will make three stops in the Middle East from March 8-14.    The trip is specifically focused on export opportunities for U.S. businesses in the infrastructure sector, such as project management and engineering, renewable […]

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