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| Maersk has profitable 1Q despite 'price war' |
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Friday, May 17, 2013
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Maersk Line made a profit of $204 million in the first quarter of 2013 compared to a loss of $599 million in the first quarter of 2012. It said the turnaround in the financial performance was achieved through lower costs, as revenue was unchanged at $6.3 billion in both quarters, and came despite price aggressiveness. Financial results for the world’s largest container shipping company were reported Friday morning by the A.P. Moller-Maersk Group, a conglomerate whose operations...
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| Rickmers raising 200 million euros through bond sale |
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Thursday, May 16, 2013
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Rickmers Holding GmbH & Cie. KG, the parent of the Rickmers Group of shipping companies, intends to issue corporate bonds of up to 200 million euros ($258 million). The Hamburg-based shipping company is looking to expand its containership chartering business in the face of declining interest by many traditional banks in the shipping industry and the collapse of the "KG" system of limited partnerships in Germany that were used to finance many ships in the past. &...
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| Hambug Süd reports 16% increase in 2012 revenue |
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Wednesday, May 15, 2013
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Hamburg Süd said revenues in 2012 were 4.8 billion euros ($6.17 billion), up 16 percent over 2011. The German liner company said it handled 3.3 million TEUs last year, about 4 percent more than in 2011, which it said was “roughly in line with market growth.” In a press release reviewing 2012, Hamburg Süd said “Europe-America and Far East services contributed in particular to this growth. Pleasing performance was seen, too, in some of the inter-Americ...
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| Hapag-Lloyd reports first quarter loss |
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Wednesday, May 15, 2013
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Hapag-Lloyd had a net loss of 93.6 million euros ($120 million) in the first quarter 2013, an improvement over the net loss of 132.4 million euros recorded in the same period a year earlier. “Liner shipping started 2013 on a higher level than in 2012. However, the competition remains extremely challenging. Rates have come under tangible pressure since April, especially on the important East-West routes, and competition is also becoming tougher on Latin America trades,” said Mic...
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| Hapag-Lloyd announces Asia-Europe rate hikes |
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Wednesday, May 15, 2013
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Hapag-Lloyd has announced substantial rate increases and a peak season surcharge in the Asia-Europe trade. They include: $1,000-per-TEU general rate increase on the Far East Westbound trade, effective July 1. This increase applies to shipments from East Asia (excluding Japan) to all North Europe and Mediterranean (excluding South and West Africa) destinations. Implementation of a peak season surcharge on cargo moving from East Asia (excluding Japan) to the Mediterranean of $650...
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| CEVA opens City of Pharma in Italy |
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Tuesday, May 14, 2013
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CEVA has opened the 20,000-square-meter "City of Pharma," a healthcare warehousing and handling facility, in Stradella, Italy. The area can be doubled in a short time to address future market demands, the company said. The integrated logistics hub places many different companies from the same industry in one location. According to a press release, this configuration will allow CEVA to better respond to fluctuations in the market. City of Pharma takes an approa...
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| Washington Notebook: British leader discusses trade deal with Obama |
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Tuesday, May 14, 2013
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Preparations for upcoming negotiations between the United States and European Union on a transatlantic free trade and investment agreement were on the agenda Monday when U.K. Prime Minister David Cameron visited the White House. The United States and European Union enjoy the world's largest economic relationship, accounting for a third of total goods and services trade, and half of world output. Trade supports 13 million jobs on both sides of the Atlantic. Each day an ...
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| Box ship sets depth mark in Virginia |
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Tuesday, May 14, 2013
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The Port of Virginia set a record Saturday for handling the heaviest containership on the U.S. East Coast when the MSC Chicago sailed through the 50-foot channel with export cargo at a draft of 49 feet, according to the port authority. Export cargo often consists of grains, waste paper, machinery and other heavy products that typically weigh more than imports of consumer goods, making it difficult for ocean carriers to fully load vessels with full containers in many ports....
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| SeaIntel: Some Asia-Europe rates have turned negative |
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Monday, May 13, 2013
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SeaIntel Maritime Analysis says some carriers appear to be moving freight in the Asia-Europe trade lane at below the price of fuel. In the most recent issue of its SeaIntel Sunday Spotlight newsletter, the company says it calculated the average bunker adjustment factor for the trade by averaging those of the top 15 carriers. "When subtracting the BAF, which is there to compensate for the fuel costs, the base rate according to the Shanghai Container Freight Index dr...
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| Coyne: Third runway necessary at Heathrow |
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Monday, May 13, 2013
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A third runway at London Heathrow Airport is the only way to prevent a cargo capacity crisis, according to Larry Coyne, CEO of Coyne Airways. In a speech last week in London, Coyne said U.K. logistics firms are vulnerable to losing out on business to companies in mainland Europe if the capacity crunch is not addressed. His speech came in reaction to the push for an airport on Thames Island in London, a proposal that calls for a two-runway airport with rail and seapo...
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| Report: UASC joins China Shipping in big ship service |
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Monday, May 13, 2013
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Lloyd's List reported China Shipping Group Chairman Li Shaode has confirmed the five 18,400-TEU ships his company has ordered will be deployed in a 10-year joint service with United Arab Shipping Co. American Shipper was not able to confirm the report with UASC that it will order ships similar in size to those that China Shipping will acquire from Hyundai Heavy Industries. Strings operating between Asia and North Europe usually consist of 10 similar size ves...
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| CaroTrans starts Baltic/CIS service from New York |
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Monday, May 13, 2013
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Non-vessel-operating common carrier CaroTrans said Monday it is expanding its network into the Baltic and Commonwealth of Independent States (CIS) markets, including services into Russia. The first of what CaroTrans said will be “many future services” is a direct, weekly less-than container load (LCL) and full container load (FCL) export service from New York to Klaipeda port in Lithuania. The first sailing of the service departed New York on April 22 with arr...
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| Study says logistics firms suffer from high pricing pressure |
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Monday, May 13, 2013
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Three-fourths of global logistics companies are unable to get the prices they deserve for their services, according to the findings of the Global Pricing Study 2012 , conducted by strategy and marketing consultancy Simon-Kucher & Partners. The causes, managers say, are a price-aggressive competitive environment and a prevalence of standardized products. The study incorporated responses from 151 people in the transportation and logistics sectors throughout Europe, Asia, North...
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| IAG Cargo has tough 1Q |
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Friday, May 10, 2013
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During the first quarter, IAG Cargo experienced a 7.2-percent hit to commercial revenue, ending the period at 270 million euros ($351.1 million). Cargo volume declined by 8 percent, year over year, to 1.36 billion tons on a 1.7-percent decrease in capacity. Yield, however, rose by 0.8 percent, year over year. Officials blamed weak market conditions, especially on IAG’s sluggish North American trade lane, and industrial action at Iberia earlier in the year for the p...
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| DHL adds Asia-Europe intermodal links |
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Thursday, May 09, 2013
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DHL Global Forwarding has added daily intermodal services from Shanghai and a weekly service from Chengdu to the European border. The offerings will use a combination of rail and truck transportation. According to DHL officials, customers will see faster shipments of up to 21 days compared with ocean shipments and lower transportation costs. This service offers the option of booking variable capacity — "ranging from a single container to a whole t...
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| IAG Cargo on target for full integration in 2014 |
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Wednesday, May 08, 2013
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It’s been a little more than two years since the formation of International Airlines Group — a full merger of British Airways World Cargo and Iberia Cargo under a single umbrella — and Steve Gunning, head of the cargo side of the business, predicts that most of the big tasks will be accomplished by 2014. “It’s gone really well,” he told American Shipper during a break at the CNS Partnership 2013 conference in Phoenix. “Our approach was not to announce this with a great big fanf...
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| Ship strikes control tower in Port of Genoa |
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Wednesday, May 08, 2013
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Jolly Nero As many as 10 people are feared dead and others injured, some seriously, following an accident at the Port of Genoa late Tuesday night. The accident occurred at around 11 p.m. in Genoa, and Wednesday morning press accounts were giving varied numbers for the dead, missing, and injured as new victims were found, some buried in rubble or possibly underwater. Press accounts say a container/roll-on, roll-off ship, Jolly Nero , struck a “control towe...
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| Panalpina says ocean freight buoys 1Q results |
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Wednesday, May 08, 2013
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Panalpina had a consolidated profit of 14.3 million Swiss francs ($15.3 million) in the first quarter compared to a loss of 40.9 million francs in the first quarter of 2012. Net forwarding revenue was 1.6 billion francs in the first quarter of 2013, 4 percent more than in the same 2012 period. “Our results for the first quarter of 2013 are in line with what we could expect in a continuously difficult market,” said Monika Ribar, chief executive officer of the compan...
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| Black Sea box terminal completes rail upgrade |
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Wednesday, May 08, 2013
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NUTEP, a container terminal operator in the Black Sea port of Novorossiysk, has finished the latest phase of its development program by completing an upgrade to its rail facilities. The company removed the original rail lines, constructed a new yard at the rear of the terminal, and increased overall block-train capacity at the terminal to 30 trains, or about 112 TEUs each, a month. Two new loading sidings allow NUTEP to handle two block-trains a day, and two dedicat...
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| Maersk adds larger ships to U.S.-flag fleet |
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Wednesday, May 08, 2013
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Maersk Line, Limited (MLL) said it has begun upgrading its U.S.-flag fleet by replacing eight existing ships with eight newer and larger containerships at a cost of about $500 million. MLL, the U.S.-flag arm of A.P. Moller-Maersk, said the new ships, which are being re-registered under the U.S. flag, will allow it to improve the quality of service between the U.S. East Coast and Middle East and Mediterranean Sea that it offers to the U.S. military, government and commercial...
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| Catapult opens Hamburg office |
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Tuesday, May 07, 2013
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In response to increased demand from Europe, logistics software provider Catapult International has opened an office in Hamburg, Germany. This expansion complements Catapult’s other offices located throughout the world. In addition to Hamburg and its Kansas City headquarters, the firm now has locations in Cebu, Philippines; Hong Kong; and San Francisco. “Growth and the ability to provide the needed support to our clients in Europe are vital and continue to be a lar...
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| Kalmar buys Spanish crane refurbish firm |
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Tuesday, May 07, 2013
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Kalmar, part of Cargotec, has acquired total ownership in the Spanish crane refurbishment and maintenance company Mareiport, S.A. The acquisition is an important step for Kalmar to become a larger global crane refurbishment and services provider. Kalmar has held a 30-percent share in Mareiport since 2007. Mareiport is a privately owned company established in 1985 in Algeciras, Spain. The company has been providing maintenance services for ports and terminals an...
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| Executive moves |
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Tuesday, May 07, 2013
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Jesper Praestensgaard, who has been responsible for the global markets and global accounts departments on Hapag-Lloyd’s executive board since January 2011, will be leaving the company in June. Until further notice, Michael Behrendt, board chairman of Hapag-Lloyd, will assume responsibility for the departments. Yusen Logistics (Americas) has hired John Palma to lead its central region transportation sales team as regional sales director. Prior to joining...
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| Zim adds call in Norfolk |
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Monday, May 06, 2013
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Zim said last week that it's revising port rotations to better serve customers in the United States. Speaking during a reception for customers held at Maher Terminals in Elizabeth, N.J., Lea Bogatch-Genossar, president of Zim America, said the company’s Zim Container Service Pacific (ZCP) is adding the Port of Norfolk in Virginia to its rotation. The ship Zim Mediterranean is scheduled to arrive in Norfolk on June 15. The new rotation will be Savanna...
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| ACL ship damaged in fire |
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Monday, May 06, 2013
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Atlantic Cartier, one of the combination container-roll-on/roll-off ships operated by Atlantic Container Line in its transatlantic liner service, was damaged last week during a fire in Hamburg. The Website for the television station Hamburg 1 said Sunday that 200 firefighters helped extinguish the fire and that thermal imaging cameras were being used to see if there were any other hot spots on the ships. The fire reportedly broke out on the car decks of the ship, and ...
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| New service to connect Germany, Russia, Finland |
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Monday, May 06, 2013
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COSCO, Hanjin, and Yang Ming said they will launch a new service connecting Germany, Russia and Finland later this month. The RFS (Russia–Finland Service) service will use three 1,300-TEU class vessels - with one deployed by each partner - to provide twice-per-week service. The port rotation will be Hamburg, St. Petersburg, Kotka, and Hamburg. The new service is expected to begin on May 19 from Hamburg. - Chris Dupin
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| Descartes acquires Norwegian customs solutions company |
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Thursday, May 02, 2013
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Logistics IT solutions provider Descartes Systems said Thursday it has acquired KSD Software Norway AS (KSD), a leading Scandinavia-based provider of electronic customs filing solutions for the European Union, in a $33 million deal. The EU customs compliance market is characterized by a complex framework of member states, each with different regulations, languages and systems, Descartes stressed. "EU customs compliance is complex," said Svenn Widerberg, CEO of KSD....
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| IAG Cargo beefs up fleet |
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Thursday, May 02, 2013
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IAG Cargo is planning to order 18 Airbus A350-1000 planes, which will enter service starting in 2018 given shareholder approval. The carrier also holds options for an additional 18 planes. The Airbus aircraft, combined with the carrier’s recent order of 24 Boeing 787s and the possibility of an additional 18 planes, will form the backbone of IAG’s modernized fleet. The carrier has also made plans to add 12 new A380s into the mix. The B787s and A380s will start enter...
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| Greencarrier buys Trana Spedition |
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Thursday, May 02, 2013
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Sweden-based Greencarrier Freight Services has acquired the Swedish logistics firm Trana Spedition for an undisclosed amount. Trana, which had 2011 revenues of SEK 72 million, will continue operating under its current name, and the firm’s management will stay with the company. Kenneth Sankala, Trana Spedition’s former chief executive officer, will now serve as managing director of operations. “Trana Spedition recognizes the many opportunities this acquisition will ...
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| Virgin Atlantic reopens Chicago leg |
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Thursday, May 02, 2013
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Virgin Atlantic Cargo has relaunched seasonal daily flights from London Heathrow to Chicago. The routing will be flown until Oct. 26. The Chicago flights add to Virgin’s strong transatlantic presence, which already includes daily services from London to JFK, Newark, Los Angeles, Boston, Miami, Washington and Orlando. “Chicago has been an important seasonal addition to our schedule for six years and provides a faster connection for customers doing...
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| Wilhelmshaven says rail rates will match other ports |
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Thursday, May 02, 2013
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Eurogate said its container terminal in Wilhelmshaven is enhancing its competitiveness by offering hinterland connections by rail at the same prices as other German ports. “Eurogate Group rail operators Eurogate Intermodal (EGIM) and ACOS Group are offering hinterland connections to/from Wilhelmshaven at the same fair prices as to/from the two other German seaports Bremerhaven and Hamburg," the terminal said. "Via the EGIM and ACOS transport networks, any destination i...
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| Executive moves |
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Thursday, May 02, 2013
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Kenco, a provider of logistics, real estate services and material handling equipment, has appointed Todd A. Johnson to senior vice president of operations for Kenco Logistic Services. Johnson has 29 years of experience in the supply chain industry, including stints at UPS, Exel, and Trammell Crow. Most recently, he was with Menlo Worldwide Logistics for 15 years. AIT Worldwide Logistics has hired Myung Kim as business development director. Kim come...
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| Alphaliner sees 'rate war' in Asia-Europe liner trade |
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Wednesday, May 01, 2013
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The information service Alphaliner says spot freight rates from China to Europe have crashed. "Spot freight rates from China to Europe are currently offered at $700-$800 per TEU, compared to $1,300-$1,400 per TEU at the beginning of the year," it noted in its weekly newsletter . Alphaliner said 20 new ships of between 8,500 and 16,000 TEUs will be introduced into the Far East-North Europe trade in the second quarter, in addition to seven new units that were ad...
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| Volga-Dnepr transports large gas materials |
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Wednesday, May 01, 2013
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Although air cargo activity out of Asia has cooled in the past few months, Volga-Dnepr Airlines recently delivered a 90-ton shipment of oil and gas equipment from Singapore to Turkmenistan. Flying an Antonov 124-100 freighter on behalf of Pacific Airlift, the company had to use a special loading device to get some of the equipment, including a single 40-ton piece of machinery, on board the plane. - Jon Ross
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| Cargo activity up at Amsterdam airport |
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Wednesday, May 01, 2013
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Total cargo activity at Amsterdam Airport Schiphol edged up 2.25 percent in the first quarter, ending the three-month period at 366,269 tons. Freighter movements at the Dutch airport inched up, year over year, 0.4 percent. During the quarter, cargo performed well year over year in January and March, but dipped in February due to the slowdown in cargo activity surrounding the Chinese New Year. Asian cargo fell by 9.5 percent, year over year, that month, but posi...
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| K+N to expand Belgian facility |
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Wednesday, May 01, 2013
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Kuehne + Nagel has broken ground on a 30,000-square-meter expansion to its 45,000-square-meter facility in Geel, Belgium, to further support its contract logistics business in the country. Completion of the 20,000-square-meter first phase of the project is slated for October. This additional space will be used partly for two clients secured last year — a coffee machine supplier and a toy manufacturer. The second phase, which will be specifically geared toward the pharmaceutical...
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| Schenker renews visibility deal with GT Nexus |
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Tuesday, April 30, 2013
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DB Schenker Logistics has renewed its contract for supply chain visibility solutions with the cloud-based supply chain technology provider GT Nexus, the Oakland-based company said Tuesday. DB Schenker has used GT Nexus since 2008 to provide cargo management capabilities for its customers, including end-to-end inventory and shipment visibility, purchase order management and origin management. “We originally selected GT Nexus to offer our customers a strategic cloud-...
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| Maersk names Schueler chief commercial officer |
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Tuesday, April 30, 2013
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Maersk Line has named Stephen Richard Schueler as chief commercial officer, effective May 27. He replaces Lucas Vos, who leaves the position at the liner carrier on May 1. Schueler, 46, is an American and will join Maersk from Microsoft Corp. where he was head of global retail sales and marketing. Earlier in his career, Schueler worked at Procter & Gamble for more than 20 years, where he held sales and management positions in Europe, South Ame...
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| Revenue drop for TNT Express in 1Q |
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Monday, April 29, 2013
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TNT Express’ first-quarter results show a 4.5-percent drop in revenues to 1.7 billion euros ($2.2 billion) on weak performance in Europe, the Middle East and Asia. In Europe and the Middle East, TNT saw increased price pressure leading to a revenue drop, but the decline could have been much worse had it not been for strong air cargo sales. Weight-per-consignment numbers showed a large decrease, leading to lower yield rates. In China, there is a weak demand internat...
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| Cargo theft in 2012 up in Europe, flat in U.S. |
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Monday, April 29, 2013
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Cargo theft in North America stayed flat, year over year, in 2012 as European theft rates rose by 24 percent, according to FreightWatch International. Cargo theft in Asia also increased. According to the company, however, the greatest theft threats still exist in Brazil, Mexico and South Africa. Last year, about 6,800 thefts were reported in Sao Paulo, and more than 6,000 Mexican thefts occurred in 2012. Pharmaceutical thefts are on the rise in Europe, ...
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| UPS turns solid 1Q, buys European healthcare firm |
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Thursday, April 25, 2013
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UPS has acquired Budapest-based pharmaceutical logistics firm CEMELOG, a move that will help expand the integrator’s growing healthcare arm, for an undisclosed amount. Officials expect to close the deal in the second quarter. The 14-year-old European company boasts a number of large healthcare brands as clients and will help UPS gain a foothold in Central and Eastern Europe, according to a UPS release. The acquisition adds three distribution facilities, for&nb...
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| Norbert Dentressangle's 1Q marginally affected by European economy |
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Thursday, April 25, 2013
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Norbert Dentressangle finished the first quarter with revenues of 949 million euros ($1.23 billion), a 1-percent, year-over-year decline due to lower volumes across all sectors. The company experienced a 4.1-percent drop in transport revenue, but logistics revenue increased by 3.4 percent to 436 million euros ($566.79 million). Freight forwarding saw a slight bump up, 1.4 percent, to 33 million euros ($42.9 million). Officials attribute the transport revenue ...
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| Possible strike by Menzies World Cargo workers |
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Thursday, April 25, 2013
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British union Unite has begun preparations to strike against Menzies World Cargo’s imposition of a two-year pay freeze on its staff at London Heathrow. The union will soon take a ballot of its members to decide if a strike is the correct action to take. According to the union, recent talks with management broke down before the parties found a resolution. Union officials said they are ready to go back to the bargaining table. “It beggars belief that a co...
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| VTG, K+N seek rail logistics services merger |
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Thursday, April 25, 2013
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VTG Aktiengesellschaft, a European railcar and logistics services provider, and Kuehne + Nagel, a large logistics firm, are planning to merge parts of their rail logistics activities. Both parties entered a letter of intent this week. “This merger represents an expansion of the long-term partnership that has existed between VTG and Kuehne + Nagel within the scope of their joint company Transpetrol for more than 20 years,” the...
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| Maersk planning changes to U.S.-West Med services |
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Wednesday, April 24, 2013
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Maersk Line will discontinue its participation in two direct services, its West Med and Med Gulf strings, later this spring in favor of a feeder network to serve Mediterranean ports in Italy, France, and Spain. Moshe Loberant, the trade manager for Maersk’s services between North America and the Black Sea and Mediterranean, said the carrier is “strengthening our backbone” between the United States and Mediterranean, Middle East and Indian subcontinent - the so-ca...
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| Cargolux: 'Better than anticipated' in 2012 |
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Wednesday, April 24, 2013
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Cargolux took an overall loss of $35.1 million on revenues of $1.74 billion last year, showing a significant improvement over the $57 million loss the carrier budgeted for 2012. Cargo activity finished the year at 645,759 tons. The worldwide trend away from air cargo was the main culprit for the carrier’s loss, but officials noted they have seen tonnage improvement so far in 2013. Actually, the carrier’s Paul Helminger said beating the projected 2012 loss isn’t too...
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| Lufthansa cancels most flights due to union strike |
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Monday, April 22, 2013
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Lufthansa has cancelled nearly all its European flights today due to strike actions by ver.di, a German trade union. The airline will operate 20 of the 1,650 scheduled short-haul flights on Monday, and these flights will mostly be routed out of Berlin, where the strike actions are due to end by the middle of the afternoon. - Jon Ross
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| Drewry Air Freight Index - A shaky March |
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Monday, April 22, 2013
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Air freight rates out of Asia continue to be somewhat volatile, dropping from $3.32 per kilo in February to $3.15 per kilo last month, according to the latest Drewry East-West Air Freight Price Index. The March decline in rates comes after two months of steady increases. September was the last time the freight rate average hit $3.15, but if last summer is any indication of rates in 2013, pricing will continue to fall. In June and July of last year, rates came in at $3.12 per kil...
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| Dutch firms initiate information-sharing network |
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Monday, April 22, 2013
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Major players in the Dutch supply chain, including Schiphol Cargo, KLM Cargo and Air Cargo Netherlands, have signed onto the Neutral Logistics Information Platform, an information-sharing agreement between business and government to strengthen the supply chain. The non-profit program will allow partners to input supply chain information into the system and share it among all levels of the supply chain. This new way of sharing information will help shippers, port officials, gover...
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| U.K. eager for benefits of transatlantic trade deal |
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Monday, April 22, 2013
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The U.K. ambassador to the United States said last week his nation is hopeful for a quick commencement and conclusion of trade negotiations between the United States and European Union. The so-called Transatlantic Trade and Investment Partnerships (TTIP) would bring free trade benefits to the two biggest trading blocs in the world. President Obama announced an intent to pursue the pact during his State of the Union address earlier this year. “We were delighted that ...
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| Maersk: Purpose of 'Triple Es' is to make money, not cut rates |
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Friday, April 19, 2013
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Nils Andersen, chief executive officer of the A.P. Moller-Maersk Group, said while the 20 “Triple E” containerships that the company is building will result in a big infusion of capacity in the Asia-Europe trade “we will put them in over a prolonged period and we will take out a number of vessels in other categories, smaller less efficient vessels, and take them into other trades so we will not add capacity.” He made his remarks on NBC television . The Maers...
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| Air Cargo Germany suspends operations |
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Friday, April 19, 2013
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Air Cargo Germany has temporarily suspended its operations as of Thursday, giving no sign as to the ultimate cause of the interruption or when services may be reinstated. According to a letter sent to customers by the carrier’s chief executive officer, Michael Schaecher, the shutdown was sudden. He did point out, however, that shareholders are still supporting the company “in any way possible” and employees are working doggedly to find a solution to the issue. &...
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| CMA CGM receives second 16,000-TEU ship |
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Friday, April 19, 2013
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The liner carrier CMA CGM on Friday took delivery of the second of the series of what is currently the largest containership in the world. The 16,000-TEU U.K.-flagged CMA CGM Alexander Von Humbold t will be deployed on the French carrier’s flagship FAL1 service between Asia and Europe. The third vessel in the series, the Jules Verne , is scheduled for delivery in May. The first vessel, the Marco Polo , delivered in November 2012, is currently the largest containers...
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| DSV unveils groupage offering |
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Friday, April 19, 2013
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DSV Road Ltd. will launch a daily groupage service from its German hub in early May. The program will cover 32 European countries and operate in addition to any existing routes, increasing frequency and improving transit times. The new service will include daily pickups and departures, on-time deliveries and online bookings. DSV will support the program from its Schwieberdingen facility. According to the company's managing director, René Falch Olesen, ...
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| Virgin founder promotes air freight logistics education |
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Friday, April 19, 2013
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In the introduction to the Air Logistics Handbook , a university-level guide to the air cargo industry due out next month, Virgin Group head Richard Branson wrote an introduction aimed at convincing people to pursue air freight logistics as a career. The "outshining" industry, he said, is an important part of world commerce that is in need of new recruits. “Air logistics is a phenomenal industry and has become even more important not only to the success of airl...
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| Maersk warns of possible rate war |
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Thursday, April 18, 2013
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Maersk Line is warning of a possible rate war in the Asia-Pacific trade. Vincent Clerc, Maersk Line’s chief trade and marketing officer, said that “following the Chinese (Lunar) New Year, volumes in container shipping have not picked up as per expectations. The fact that lower prices cannot be used as a lever to increase volumes, coupled with data that suggests continued weakness in the market, means there is only one viable option for companies that are seeking to weathe...
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| DHL prepares for new EU security rules |
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Thursday, April 18, 2013
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The transition period of new EU air security rules regarding known consignors ends April 29, and DHL is among the carriers that have been adding extra security programs to help shippers meet the new rules. Shipments from parties not identified as known consignors by the EU have to submit to extra screening of their goods before shipment. According to data released by DB Schenker last month, only a small number of air freight shippers the company works with have bee...
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| CEVA signs contract with fashion company |
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Thursday, April 18, 2013
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CEVA Logistics has signed a five-year e-commerce contract with fashion apparel company Liu-Jo, providing the firm with online sales solutions like returns management and overseeing transportation activities across Europe. The contract is based out of CEVA’s warehouse in Cortemaggiore, Italy. Giuseppe Chiellino, head of CEVA’s Italian operations, sees huge potential in the more than 12 million Italian online shoppers. These customers will benefit from what he c...
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| Schenker acquires Panamanian forwarder |
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Wednesday, April 17, 2013
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DB Schenker has acquired 100 percent of the shares of long-term partner Euro-Line Panamericana in Panama. The German logistics firm will operate the business under Schenker (Panama), S.A. Euro-Line is one of the top freight forwarders for ocean imports in Central America. The new Schenker subsidiary will have its head office in Panama City, with a branch office in the Colon Free Zone and a field office at the airport. Two warehouses in Colon Free Zone, with 1,500 s...
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| Executive moves |
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Wednesday, April 17, 2013
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Pat Cooney has recently joined third party logistics firm UTi Worldwide as the new regional vice president for sales and marketing in the Asia-Pacific region. Prior to joining UTi, Cooney was vice president of sales and marketing for PACCESS, a provider of packaging design and Asia-focused supply chain solutions. He has also held senior management roles at CEVA Logistics (formerly EGL) during the past 20 years. Transport Systems Catapult has appointed Steve Yianni a...
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