ECS Group, a general sales and services agent based in Paris, has acquired three companies in Italy founded by Glauco Martinelli, including Air Transport Consultants Spa (ATC), Airfreight and Data Processing Srl (ADP), and Airline Logistics Srl (AirLog).
A leader of the Virginia Maritime Association and Virginia’s transportation secretary have engaged in a very public debate about the financial health of the Hampton Roads ports. In an article published over the weekend, the Virginian Pilot newspaper said the exchange of letters between Arthur W. Moye Jr., executive vice president and secretary […]
The bank has extended provisions to help exporters and financial institutions located in those portions of the Mid-Atlantic and Northeast that have been declared federal disaster areas due to the impact of Hurricane Sandy.
The DOT agency on Monday said it’s leading an Interstate Petroleum Transport Team to ensure the quickest and most efficient movement of fuel to the region devastated by Hurricane Sandy.
Expeditors International of Washington said it had a profit attributable to shareholders of $88.5 million for the third quarter of 2012, compared with $106.6 million for the same quarter last year, a decrease of 17 percent. Net revenue for the third quarter of 2012 was $465 million, 6 percent less than the $494 […]
The South Carolina Supreme Court has ruled that a state agency violated the law when it negotiated an agreement before issuing a key permit needed to deepen the Savannah River. The Supreme Court’s decision last Friday comes just one week after Jo-Ellen Darcy, head of the Army Corps of Engineers’ civil works programs, […]
Arc Terminals said it is working with Canadian National Railway to build a rail tank car unloading terminal in Mobile, Ala., to handle Western Canadian heavy and Bakken light crude oils destined to Gulf Coast refineries.
Associated British Ports (ABP) has named James Cooper its new chief executive officer, following the retirement of Peter Jones at the end of March 2013. Prior to this appointment, Cooper served as a non-executive director at ABP. He is currently a director of Infracapital, the European infrastructure fund of M & G Investments, […]
The U.S. Commerce Department’s Bureau of Industry and Security Office of Technology Evaluation has initiated a Website to show preliminary results from its ongoing U.S. Space Industry ‘Deep Dive’ assessment. Started in June 2012, the BIS study is based on a mandatory data collection from over 9,000 companies, universities, non-profits, and U.S. government agencies […]
The American Logistics Aid Network (ALAN) is supporting Voluntary Organizations Active in Disaster (VOAD) and emergency management agencies across the Mid-Atlantic and northeastern United States in the aftermath of Superstorm Sandy. ALAN has engaged numerous private industry and logistics services companies to help meet the needs of these disaster relief organizations. Currently, […]
The federal government issued issued a temporary blanket waiver of the Jones Act to immediately allow additional oil tankers from the Gulf of Mexico to deliver product from the Gulf of Mexico to Northeastern ports.
The U.S. Federal Mediation and Conciliation Service (FMCS) said labor negotiations between the Pacific Northwest Grain Handlers Association, which represents employers, and International Longshore and Warehouse Union Locals 4, 8, 19 and 23 are continuing. In a brief statement issued Friday, FMCS said at its request the parties have agreed to continue negotiations under […]
Container terminals in the Port of New York and New Jersey are reopening in the aftermath of Hurricane Sandy. The Maher and APM Terminals in Elizabeth, N.J., received ships on Sunday and the Port Newark Container Terminal (PNCT) and Global Terminal in Jersey City were scheduled to open for business on Monday morning. […]
Third party logistics services firm DSV, together with real estate developer Habacker, will build a 60 million euro ($76.7 million) logistics facility in Krefeld-Fichtenhain, Germany. The 80,000-square-meter facility will consolidate a number of DSV facilities of the Road, Air & Sea and Solutions divisions in North Rhine-Westphalia, the company said. Habacker will start […]
The Port Authority of New York and New Jersey will receive on Sunday the first ships to call at container terminals in the port since it was hit by Hurricane Sandy. On Sunday, four cargo vessels will go to Maher Terminal…
Former senior global logistics leader at GE Electric Power and Water, Vikash Patel, has formed a third-party logistics firm specializing in the transportation management of project cargoes, such as wind turbine components. Patel, who is credited with overseeing the largest transportation move in North American history to date, which included more than 20,000 […]
Some container shipping companies indicated they were changing ship rotations, diverting cargo to other ports, or setting up special phone numbers or offices in the wake of the Northeast storm.
“The Corps’ decision is a crucial step for a project more than a decade in the making,” said Curtis Foltz, Georgia Ports Authority’s executive director. “It is a leap forward for America’s global competitiveness.”
OOCL said starting Jan. 1 it will no longer provide chassis for import and export shipments to and from Norfolk and Front Royal, Va., as well as for Kansas City, Omaha, St. Louis, and Council Bluffs, Iowa. All truckers, either working as suppliers for OOCL or its customers, must provide chassis for these shipments. Chassis […]
Drewry said Asia-Europe spot container rates have soared ahead of annual contract talks. It said the Shanghai-Rotterdam container freight rate index increased by 38 percent, or $788 per 40-foot container today, to $2,865 per 40-foot container, “marking the latest of several huge price swings in the Asia-Europe container shipping market.” The weekly […]
