“Outsourcing our logistics division will help to reduce costs throughout our logistics operations while allowing us to focus on core competencies,” said Torsten Pilz, senior vice president of supply chain at Henkel Consumer Goods.
“Having introduced our round-the-world Pearl String service with an eastbound rotation 10 years ago, we are convinced that the time to start up a similar concept in the other direction has now come,” said Rickmers CEO Ulrich Ulrichs.
Several container carriers will combine two services operating between Southeast Asia and Australia next month into a single string employing larger ships. The new service will be operated by Hapag-Lloyd, China Shipping, Hanjin, RCL, and United Arab Shipping Co., with ANL, Hyundai Merchant Marine and OOCL buying slots. Five vessels with capacities […]
The federal mediator said the agreement will be submitted to the membership of each group for ratification and “paves the way for six years of stable labor-management relations covering all the Atlantic and Gulf Coast ports.”
Participants in the latest installment of American Shipper‘s quarterly survey on developments in the transpacific container trade, TP Pulse, expect freight rates to increase or remain stable in the coming year. During the past week, 120 readers took part in the seven-question online survey, including 61 shippers and 37 third-party logistics services providers. About 43 percent […]
The Jones Act carrier reported a net loss of $17.9 million in the fourth quarter ending Dec. 23, compared to a net loss of $63.6 million (profit of $74.2 million from continuing operations) in the same 2011 period.
Port of Tanjung Pelepas (PTP), Malaysia’s largest container terminal operator, has appointed Glen Hilton to chief executive officer. “Glen’s track record and extensive experience in managing ports and delivering results makes him the ideal candidate for this position,” said Datuk Mohd Sidik Shaik Osman, PTP’s chairman, in a statement. Hilton has spent […]
The union’s wage scale delegates on Tuesday approved, in principle, the proposed aspects of the master contract for its dockworkers. The ILA and USMX will meet Wednesday to review the complete master contract proposal.
The Athens, Greece-based containership chartering firm Box Ships said Wednesday it has priced its previously announced public offering of 4 million common shares at $5.25 per share. The offering is expected to close on March 18. The company has granted the underwriters a 30-day option to purchase an additional 600,000 of its common […]
Hanjin Logistics, a subsidiary of liner carrier Hanjin Shipping, has opened new offices in Ho Chi Minh City and Hanoi, Vietnam, and Mumbai, India. The company started operations in Vietnam in 2008 as a business unit of Hanjin Shipping. Hanjin Logistics India launched its services in January. The Mumbai location, along with […]
Globe Tracker International (GTI) has introduced a product for tracking and monitoring cargo and assets such as shipping containers. “After working for over half a decade to develop, test and pilot Globe Tracker’s devices and networks, we are thrilled to offer GTI’s game-changing supply chain tracking, monitoring and trade data sharing technology to […]
Steel exports in January increased by 11.2 percent, compared to December 2012, according to U.S. government data analyzed by the American Institute for International Steel (AIIS). “Exports increased… on the strength of exports to our NAFTA partners in January while exports to all other regions declined on a month-to-month basis as international demand […]
Tideworks Technology, a Seattle-based provider of terminal management and planning software solutions, said it has completed implementation of its terminal operating system at Cai Lan International Container Terminal (CICT) in Vietnam. CICT went live with Tideworks’ solutions at the greenfield terminal located in Ha Long City. The terminal is a joint venture between […]
The Korean Register of Shipping has taken its information mobile with the launch of a new app called SMART Fleet. SMART Fleet is available on Android and iOS platforms and delivers up-to-date information on vessels, fleets, surveys, audits, and port state control. Along with SMART Fleet, the registry has developed a mobile […]
China’s COSCO Group said Monday it’s proposing to shuffle assets to help boost results in 2013 and reduce the risk of its stock being suspended from trading on the A-share market in Shanghai. In an announcement Monday, China COSCO Holdings Company Ltd., which is listed on both the Shanghai and Hong Kong stock […]
“The resumption of TIFA talks between Taiwan and the United States represents a new stage in our economic relationship that will more fully open the lines of communication on trade and investment,” said a U.S. trade official.
MIQ Logistics has opened a new facility in Laredo, Texas, to better serve customers’ cross-border supply chain needs. Salvador “Sal” Beattie will manage MIQ’s Laredo operation. “Businesses are considering near-sourcing strategies with Mexico as a way to lower their total landed costs, while making their supply chains more nimble,” said John Carr, […]
The European Shippers’s Council said it welcomes a decision by the European Commission to end guidelines that gave the liner shipping industry special treatment under European antitrust law.
InterSystems Corp., a Massachusetts-based software company specializing in healthcare technology, beat three foreign competitors to win a $37 million contract with the Chilean Ministry of Health. This bid was supported by the U.S. Commerce Department’s Advocacy Center, which coordinates federal resources to help “level the playing field” on behalf of U.S. businesses as […]
“We’ll keep watching it, but at this time it’s just not a viable option,” said Gene Seroka, CEO of APL Americas. He explained it was difficult to find exports to match inbound cargo arriving in the containers.
