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| CEVA takes revenue hit in 1Q |
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Tuesday, May 21, 2013
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Third party logistics provider CEVA’s revenue dropped 6 percent, year over year, in the first quarter to 1.6 billion euros ($2.06 billion), and adjusted earnings dropped from 66 million euros to 31 million euros. Officials attribute the lackluster revenue performance to the challenging market and said the earnings drop came primarily because of the divestiture of some of CEVA’s holdings. Air freight volume was down due to modal shift leading to a 6.8-percent revenue drop in the...
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| Vanguard expands LCL service in Indonesia |
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Friday, May 17, 2013
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Non-vessel-operating common carrier Vanguard Logistics Services has started new services from Batam, Indonesia to global destinations. Many Indonesian and multinational manufacturers operate on the small island of Batam, which is located 20 kilometers southeast of Singapore. All less-than-containerload cargo from Batam is traditionally moved via small barges to Singapore's Pasir Panjang Breakbulk port. It is then relayed by open truck to Keppel District Park at Tan...
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| Postal group signs deal with Amber Road |
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Thursday, May 16, 2013
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The Kahala Posts Group (KPG), an alliance of 10 postal administrations around the world, has signed a deal with the global trade management solutions provider Amber Road aimed at increasing their competitiveness in the international delivery market. KPG member organizations include the Australian Postal Corp., China Post Group, Correos y Telégrafos SAE, Groupe La Poste, Hongkong Post, Japan Post Co., Ltd., Korea Post, Royal Mail Group, Ltd, Singapore Post Limited and the U.S. Po...
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| NetSuite opens doors to Descartes, Freightgate |
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Thursday, May 16, 2013
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The logistics information technology solutions providers Descartes Systems and Freightgate have both signed deals with NetSuite, a provider of cloud-based financials and enterprise resource planning (ERP) software suites. Descartes said it has signed a SuiteCloud Developer Network agreement, with the integration of NetSuite's SuiteCloud and Descartes' Logistics Technology Platform intended to enable customers to more effectively collaborate with their trading partners and carrie...
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| Ingram Micro's reverse logistics facility in Costa Rica |
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Thursday, May 16, 2013
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The world's largest wholesale technology distributor Ingram Micro said this week it is opening a new facility in Costa Rica for its Ingram Micro Mobility mobile device lifecycle services and logistics solutions subsidiary. The facility is designed to support Ingram Micro Mobility’s growing business in Latin America. Initially, the facility will be fully dedicated to supporting the company’s mobile device lifecycle services, specifically device recovery and technical repair. &nb...
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| FedEx Trade Networks breaks ground on NY facility |
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Wednesday, May 15, 2013
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FedEx Trade Networks has broken ground on an 83,000-square-foot facility at the Riverview Solar Technology Park in Tonawanda, N.Y. The first wave of employees is set to move in near the end of this year. FedEx is paying $5.2 million to build the 22-acre facility, which will include 55,000 square feet of office space. New York State has committed $2.56 million in tax credits to the project, and FedEx will receive another $1.9 million in tax relief from Erie County. ...
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| Yusen Logistics opening new Chicago warehouse |
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Wednesday, May 15, 2013
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Yusen Logistics (Americas) will open a new 229,000-square-foot warehouse in Chicago on May 20 that will employ 170 people. The warehouse will include 185,000 square feet dedicated to distribution and container freight station services, a climate-controlled area of 15,000 square feet, with separate freezer and refrigerated units totaling 3,000 square feet to accommodate the company’s growing perishables customer base. The new facility is located near the cargo entra...
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| Weiss-Rohlig relocates NA headquarters |
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Wednesday, May 15, 2013
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This fall, Weiss-Rohlig will relocate its North American headquarters to an 87,975-square-foot facility currently under construction in Elk Grove Village, Ill. Upon completion of the building, which is under construction by CenterPoint Properties, Weiss-Rohlig will initially lease 57 percent of the space. The move will bring Weiss-Rohlig, currently based in Des Plaines, Ill., closer to Chicago O’Hare International Airport. - Jon Ross
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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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| DHL celebrates modest 1Q increases |
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Tuesday, May 14, 2013
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During the first quarter, DHL increased its revenues by 0.6 percent, year over year, to 13.4 billion euros ($17.4 billion), and before-tax earnings rose by 4 percent to 427 million euros ($553.9 million). Net income increased by 45 percent, year over year, but net profits fell to 498 million euros ($646 million) from a total of 529 million euros ($686.2 million) during the first three months of 2012. Frank Appel, DHL’s chief executive officer, noted these relativel...
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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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| 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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| Agility signs up Kuwait petroleum firm |
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Monday, May 13, 2013
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Agility has signed a five-year, $24.4 million contract with Kuwait National Petroleum Co. for transportation services. In addition to moving oversized and traditional petroleum shipments over Agility’s air, land and sea networks, the company will provide origin logistics, customs clearance, freight forwarding and procurement services. “The contract plays to many of our core strengths,” Tarek Sultan, Agility’s chairman and managing director, said in a st...
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| Descartes' white label booking system for IAG Cargo |
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Friday, May 10, 2013
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Logistics information technology solutions provider Descartes Systems has extended its relationship with IAG Cargo to include air cargo booking through Descartes' cloud-based Global Freight Exchange (GF-X) Private Label solution. Descartes' solution will support iagcargo.com, the carrier's free electronic booking portal for freight forwarders. Descartes' GF-X allows air carriers to distribute real-time product, routing, capacity and rate informa...
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| IAS plans expansion |
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Friday, May 10, 2013
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IAS Logistics will expand its Texas hub-and-spoke trucking operation to Los Angeles, Chicago and Miami. No timeline for the expansion has been released. The carrier's services currently operate from Texas' biggest airports, and in each new city, IAS will focus on building out from major airports. From the new city offerings, the IAS team will provide truck charter, integrated bonded trucking and storage, and a fleet capable of handling shipper-built ...
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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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| Courier group changes name |
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Thursday, May 09, 2013
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The Messenger Courier Association of America (MCAA) has changed its name to the Customized Logistics & Delivery Association (CLDA). The rebranding effort was announced today by CLDA president, Rob Johnstone, at the association’s annual meeting in New Orleans. “The name change comes as part of an overall rebranding effort to better reflect what our members do,” Johnstone said in a statement. “Several years ago, the MCAA board began wrestling with the...
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| Former Marine Corps logistics workers plead guilty to bribery |
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Thursday, May 09, 2013
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Two former employees of a Marine Corps logistics base in Albany, Ga., have pleaded guilty to taking bribes totaling nearly $750,000 over a three-year period to provide local carriers with business from the base, according to the U.S. Justice Department. The two men — Mitchell D. Potts and Jeffrey S. Philpot — face maximum prison sentences of 15 years and fines. They have already paid back the bribes and restitution to the Defense Department. During the scheme, ...
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| FMC review 6 OTI license applications |
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Thursday, May 09, 2013
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The U.S. Federal Maritime Commission has received six ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Jolaco International Procurement, Katy, Texas (Frederick D. Coker, president); and Mohammad Abdullatif Bagegni, Pelham, N.H. (Mohammad Bagegni, sole proprietor). The agency also received a NVO/ocean freight forwarder license application from Defined Lo...
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| XPO buys Interide Logistics, realizes strong 1Q |
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Wednesday, May 08, 2013
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XPO Logistics recently purchased Salt Lake City-based Interide Logistics, a $28 million company, for $3.7 million in cash and stock. The company will keep Interride’s boss, Sean Snow, at the helm and will help him scale up operations at the firm’s other locations in Minneapolis and Louisville. In February, XPO purchased Covered Logistics and Transportation for $11 million in cash and stock. Two weeks earlier, it inked a deal to take over East Coast Air Charter for ...
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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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| Pep Boys begins transload service in Savannah |
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Wednesday, May 08, 2013
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National Retail Systems is adding transloading to the suite of logistics services it performs for Pep Boys, a large automotive aftermarket service and retail parts chain. NRS said Tuesday it will deconsolidate ocean containers at its Pooler cross-dock facility four miles from the Port of Savannah and repack them into larger, 53-foot containers for the trip to Pep Boys' distribution center in Atlanta. The third-party logistics provider currently handles domesti...
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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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| Purolator adds U.S. branches |
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Tuesday, May 07, 2013
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Purolator International, a provider of U.S.-Canada logistics services, has opened three new branch offices in Columbus, Ohio; Newark, N.J.; and Phoenix, bringing their total number of 33 branches. The three new offices follow the addition of seven branches during 2012 in Baltimore, Charlotte, Denver, Indianapolis, Pittsburgh, San Diego and St. Louis. “Purolator’s growth comes at a time when U.S. business is increasingly looking to Canada as a source of new customer...
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| PaperWorks to use Transplace TMS |
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Tuesday, May 07, 2013
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The logistics transportation management services provider Transplace said Monday that Philadelphia-based PaperWorks Industries, a North American packaging company, will use its transportation management system (TMS) to manage shipments in North America. The TMS will be used for outbound shipments from two PaperWorks mills to customers located throughout the country, as well as select inbound shipments from the manufacturer’s fiber supplier network. The company’s paperboard...
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| Extra Logistics starts Web services |
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Tuesday, May 07, 2013
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The logistics and international freight forwarding company Extra Logistics said Monday it has launched Web-based ocean and air freight booking services. The online services are designed to enhance Express’ network 22 cargo receiving terminals in both U.S. and affiliate offices in 97 countries. Customers now can submit shipment details for import/export air and ocean freight to put their international shipments in motion. The services also include instant less-than-...
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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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| Con-way has disappointing 1Q |
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Friday, May 03, 2013
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Con-way’s first quarter results came in below expectations, with the carrier turning in net income of $14 million, an $11.6-million decline compared to the first quarter of 2012. Revenue dropped from $1.37 billion to $1.34 billion, and operating income was down by more than $24 million. Douglas W. Stotlar, the carrier’s president and chief executive officer, called the results disappointing, but also said the company’s margins are moving in the right directio...
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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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| TIA drops $8,000 bond deposit requirement |
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Thursday, May 02, 2013
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After a vote to eliminate a collateral deposit requirement from the Transportation Intermediaries Association’s services bond program, the organization will refund more than $2 million to members who paid the deposit fee when purchasing bonds. The TIA board eliminated the $8,000 deposit requirement due to the program’s success. Members who hold $250,000, $100,000 and $75,000 bonds will receive the refund. When the board initiated the bond program in 2012, it left t...
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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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| 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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| FMC reviews 18 OTI license applications |
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Thursday, May 02, 2013
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The U.S. Federal Maritime Commission has received 18 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Bruzzone Shipping, Freeport, N.Y. (victor J. Bruzzone, president); E.T.H. Cargo Services, Carolina, Puerto Rico (Wolfgang Herzig, president); Redline USA, Miami (Carlos Zilli, president); Route 809 Freight Forward, Miami (Eduardo Pichardo, manager member);...
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| NCBFAA protests Customs plan for disciplining brokers |
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Wednesday, May 01, 2013
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The National Customs Brokers and Forwarders Association of America has come out against a U.S. Customs proposal to improve due process procedures for suspending a broker's entry-filer code, saying that going after the code is a back-door way of trying to take away a broker's license and is unconstitutional. Customs and Border Protection has been frustrated for years with the amount of time it takes to deactivate filer codes for problematic brokers. In a Notice of Pro...
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| Forwarders support foreign NVOs using NRAs |
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Wednesday, May 01, 2013
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The National Customs Brokers and Forwarders Association of America said it strongly supports extending exemptions pertaining to non-vessel-operating common carrier negotiated rate arrangements (NRAs) to foreign-based, unlicensed NVOs as well as U.S.-licensed companies. The association said the continued existence of NVO rate tariff publication no longer serves a useful purpose because shippers don't use them and they are able to conduct business with NVOs through the ...
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| Agility sees boost in 1Q revenue |
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Wednesday, May 01, 2013
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Agility saw a 46-percent, year-over-year jump in profit to KD 10.1 million ($35.6 million) and a 10-percent revenue growth to KD 352.6 million ($1.24 billion) during the first quarter. Before-tax earnings were up 36 percent. Revenue for the company’s global logistics arm ticked up 7 percent due to new customers like Shell, which recently signed a three-year, $80 million contract for freight forwarding services, and Egyptian appliance provider Universal. Officials c...
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| ITS to release ACE analytics tools |
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Wednesday, May 01, 2013
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International Trade Systems (ITS), a provider of U.S. customs brokerage and freight forwarding software, said Wednesday it will release a new Web-based system that links Automated Commercial Environment (ACE) form generation with analytics. The system, ITS Web, will be available June 1. ITS said the system is certified by ACE and is the only ACE compatible software system with an analytics engine. ACE is the commercial trade processing system being developed by U.S....
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| DGX starts L.A.-Guayaquil service |
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Wednesday, May 01, 2013
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Southern California-based ocean freight consolidator DGX will start a weekly all-water service from Los Angeles to Guayaquil, Ecuador, effective May 7. “With an aggressive transit time of only eight days from port to port, customers will be able to enjoy all of the benefits of shipping their products via the West Coast as opposed to routing West Coast cargo via Miami - which is slower and more expensive,” said Antonio Bellido, DGX’s Latin America trade lane manager, in a statem...
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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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| Executive moves |
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Wednesday, May 01, 2013
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Tim Lovain was named vice chairman and chairman-elect for the Coalition for America’s Gateways and Trade Corridors (CAGTC). Lovain has been involved in the coalition for 12 years, serving on its board and helping its efforts with Congress and federal agencies. The board consists of 16 members representing the geographic and organizational diversity of CAGTC and works toward advancing the nation’s freight network. CAGTC was established in 2001 to raise public an...
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| National Air Cargo freighter crashes in Afghanistan |
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Tuesday, April 30, 2013
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National Air Cargo confirmed on its Website that a cargo aircraft it operates on behalf of the U.S. military was involved in an accident departing Bagram air base outside Kabul, Afghanistan, on Monday, resulting in the death of all seven crew members. The company offers charter services for cargo shippers, including the U.S. military. National Air Cargo said the plane was bound to Dubai when it crashed on takeoff. The plane was carrying vehicles and...
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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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| OIA opens first Japanese office |
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Tuesday, April 30, 2013
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OIA Global has opened a new office in Tokyo — the company's first office in Japan — and has named Shigeru Kashihara as managing director of Japan. The new location will give OIA customers in the United States, Japan and throughout Asia-Pacific better control of their freight, according to a company release. "Our new office in Japan, reinforces OIA's growth strategy and allows us to further build our infrastructure in the world's fastest growing markets," the compan...
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| CargoSphere releases rate update feature |
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Tuesday, April 30, 2013
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The cloud-based global freight rate management solution provider CargoSphere said Tuesday it has released a new feature aimed at allowing logistics service providers (LSPs) to quickly and efficiently refresh rate quotes. The feature, Floodgate Quote Refresh, is designed to give freight forwarders and non-vessel operating common carriers the ability to automate the rate update process. “Over the past four months, Unique Logistics International reviewed several rate ...
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| Another freight payment vendor in trouble |
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Monday, April 29, 2013
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The automotive supplier division of the U.S. conglomerate Johnson Controls, Inc. (JCI) has filed a lawsuit in U.S. District Court against its long-time freight payment and audit vendor, TransVantage Solutions. The lawsuit, filed April 8 in New Jersey, alleges that TransVantage had failed to make $17 million in payments to Johnson Control’s transportation providers, and the company had been systematically hiding its misuse of the funds it handled on Johnson Controls’ behalf. &nbs...
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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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| Executive moves |
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Monday, April 29, 2013
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Ports America has appointed John Carver to executive vice president of business development, effective May 1. Carver, a 20-year industry veteran, will be responsible for expanding the terminal operator’s business both domestically and internationally, working closely with port authorities and government officials. For the past five years, he served as director of port infrastructure for financial services firm Jones Lang LaSalle. He was also a founder and managing d...
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| UPS, Teamsters reach tentative 5-year deals |
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Friday, April 26, 2013
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UPS has reached a tentative agreement for new five-year contracts with the International Brotherhood of Teamsters covering its small package and freight businesses. The new contracts must now be approved by UPS’ union employees. The current contract, which covers 250,000 UPS employees, expires July 31. "These agreements are a 'win-win-win' for our people, customers and shareholders,” UPS’ chief executive officer, Scott Davis, said in a statement. "The fact th...
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| Austrian forwarder signs up with CargoWise |
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Friday, April 26, 2013
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The Austrian freight forwarder ACS Logistics will use the ediEnterprise solution of logistics software developer CargoWise. ACS was founded in 2011 and is managed by industry veterans Gerald Kleeberger, Ulrich Hartwig and Thomas Sticht. It offers global air and ocean freight, as well as integrated logistics solutions in Austria. “We see ourselves as a ‘next generation’ LSP capable of applying the most advanced technologies in order to run a truly lean organization,”...
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| UTi opens new Taiwan logistics facility |
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Friday, April 26, 2013
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UTi Worldwide has opened a new multi-client logistics center in New Taipei City, Taiwan. The facility, measuring 461,000 square feet, is located about 20 minutes from Taiwan Taoyuan International Airport and just off Taiwan’s Highway 2 for quick access to the island’s main distribution channels. “This facility is adaptable to the requirements of several industries such as pharmaceutical, healthcare, and wine and spirits which may require temperature-controlled...
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| K+N expands in Russian Far East |
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Friday, April 26, 2013
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Kuehne + Nagel is opening an office in the Russian Far East port city of Vladivostok. The new office will be managed by the operation in Yuzhno-Sakhalinsk where K+N started its activities in 2002 to cater to the needs of oil and gas companies. In addition to Yuzhno-Sakhalinsk, K+N operates two more locations on Sakhalin, one in Nogliki in the northern part of the island, and a bonded/non-bonded warehouse in Korsakov south of Yuzhno-Sakhalinsk. “Ou...
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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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| GT Nexus-TradeCard merger finalized |
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Thursday, April 25, 2013
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The merger between cloud-based computing supply chain technology companies GT Nexus and TradeCard was finalized Thursday, with the combined company to be called GT Nexus. The combined entity manages more than $100 billion in goods for a customer list that includes the Adidas Group, Caterpillar, Coach, DHL, Electrolux, HP, Levi Strauss & Co., Kohl’s, Nestlé, Patagonia, Pfizer, Renault and Weyerhaeuser. The merger, announced in January , pairs the strength of Oak...
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| New Zealand fines 3 air carriers for price-fixing |
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Thursday, April 25, 2013
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Cathay Pacific Airways, Thai Airways International and MASKargo have been fined a combined $9.6 million by the High Court of New Zealand for engaging in cargo price fixing activities. The three carriers pleaded guilty to various violations occurring from February 2000 to February 2006. Cathay paid the largest fine, $4.3 million, for setting fuel and security surcharges on flights from India to New Zealand, among other routes. Thai, which paid $2.7 million, illegally...
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| FedEx starts customizable delivery for e-commerce |
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Thursday, April 25, 2013
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FedEx this week released a new service aimed at the e-commerce market that allows consumers to schedule the date, location, and time of their package delivery. The service, FedEx Delivery Manager, is offered through the company FedEx Services subsidiary. “Customers can receive notification of FedEx Express and FedEx Ground packages en route to their homes, and can choose various delivery options,” FedEx said. “Customers can also actively track and manage the delive...
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| UPS invests in dedicated LNG stations |
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Thursday, April 25, 2013
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Pivotal LNG announced it will build liquefied natural gas fueling stations for UPS Freight's heavy-duty tractor fleet at its Nashville and Knoxville, Tenn., terminals. Earlier this week UPS said it will buy 700 LNG Class 8 trucks to replace diesel tractors and build four refueling stations by the end of 2014 after operating 112 tractor-trailers between Ontario, Calif., Las Vegas, Phoenix and Salt Lake City for the past two years. The other UPS LNG statio...
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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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