“This is truly a ‘container cliff’ in the making. The retail industry, once again, calls on President Obama to engage directly in the negotiations,” said Jonathan Gold of the National Retail Federation.
The Italy-based parent company of Atlantic Container Line has plans to start a new direct service between the Mediterranean and North America, as soon as the second half of next year or 2014.
“This is a make or break period for transpacific carriers,” said TSA executive administrator Brian M. Conrad. The carriers “cannot afford another year in which expiring contracts and seasonally weak demand erode rate levels.”
Kohl’s Department Stores on Tuesday switched on its largest solar-power project at its million-square-foot e-commerce distribution center in Edgewater, Md. The facility opened in 2011 and recently earned its Leadership in Energy and Environmental Design (LEED) certification from the U.S. Green Building Council. The location is Kohl’s sixth solar-based site in Maryland. The […]
Non-vessel-operating common carrier Shipco Transport will open a new International Cargo Terminals (ICT) export warehouse in Long Beach, Calif., on Jan. 7. ICT, with warehouses in Elizabeth, N.J. and in Miami, is a Shipco subsidiary. The new 188,000-square-foot facility is located 10 minutes from the ports of Long Beach and Los Angeles. […]
NVC Logistics Group, a Rockleigh, N.J.-based third party logistics services provider, has named Robert Kovacs president, effective Jan. 1. He replaces Paul Henrici, who will retire from the company at the end of the month, after 17 years of service. Kovacs was most recently NVC’s senior vice president. He joined the company in […]
The U.S. Export-Import Bank approved loans for more than $150 million worth of American-made energy equipment that will head to Uruguay and Mexico. In specific, Ex-Im Bank approved a $78.6 million direct loan to Abengoa, a company in Seville, Spain, that applies technology solutions for sustainable development in the energy and environment sectors. It […]
The East and Gulf coast dockworkers’ union says it’s still willing to keep talking with management to secure a contract, but warned “unless we hear back from them we will be on strike on Dec. 29.”
Several grain terminals in the Pacific Northwest trying to negotiate a new contract with workers said Monday evening that they were rejecting the most recent offer from the International Longshore and Warehouse Union.
U.S. steel exports increased in October compared to September by 12.1 percent, according to the American Institute for International Steel and government data. “Exports to both NAFTA and the smaller steel export markets in Asia and the EU increased on a month-to-month basis offsetting declines in other markets. The increase in exports – […]
The leading German container shipping companies Hapag-Lloyd and Hamburg Süd said this morning that they are discussing a possible merger. If accomplished, the combined companies would be the fourth largest container shipping company in the world with more than 1 million TEUs in capacity. The only larger liner companies would be Maersk, […]
USMX has said it wants to cap royalty payments “and use the excess, not as savings for employers but to help pay for other benefits for ILA workers,” while ILA President Harold Daggett has vowed to keep the cap unchanged.
The ocean carriers have once again slowed their joint weekly service between Asia and the east and west coasts of North America. Roundtrip voyage time on the loop has increased from 112 days to 119 days, or 17 weeks.
Non-vessel-operating common carrier Vanguard Logistics Services has started servicing Yangon, Myanmar. Vanguard Myanmar, opened with partner Global Consolidators Ltd., has a dedicated Vanguard staff to oversee all aspects of sales, customer service and port operations. Employees at this location coordinate weekly less-than-containerload services from more than 90 origins globally through Singapore to Asia World Terminal in […]
