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| Proposed Georgia port aimed at bulk |
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Wednesday, February 22, 2012
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A third port in southern Georgia could help diversify the state's marine business by concentrating on bulk cargo such as grains, sands, aggregates and wood pellets, according to a Feb. 16 press release by the Camden County Joint Development Authority, which is promoting the concept. David Keating, the JDA's executive director, recently briefed state lawmakers that a 720-acre site where a defunct paper mill now sits is available for sale and presented an excellent opportunity to ...
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| APL sinks to big 2011 loss |
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Wednesday, February 22, 2012
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The container line APL lost $446 million from continuing operations in 2011, nearly wiping out the $492 million in operating profits the line made in 2010. APL’s losses, reported Wednesday by Singapore-based parent company NOL, came on revenue that declined 5 percent in 2011 to $7.9 billion. Container volume rose 5 percent to 2.9 million TEUs, though the average revenue per FEU fell 10 percent to $2,500. The average price of bunker fuel was 33 percent higher...
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| Cheetah’s mobile platform updates Ward |
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Wednesday, February 22, 2012
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Cheetah Software Services, a provider of information technology, has delivered the next version of its mobile application to Ward Transport and Logistics, a regional trucking company. Running on the Android platform, Cheetah Mobile connects field workers with dispatch, customer service, management, and customers through two-way messaging, dynamic ETA updates, and POD verification. Ward is running Cheetah Mobile on Android tablets because they provide la...
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| Drewry: Expect reliability to fall as rates rise |
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Wednesday, February 22, 2012
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The advisory and research company Drewry said shippers should expect reliability levels to fall as rates rise, if recent research is an indicator. “When rates have been good for carriers, reliability has been below par, while the two best on-time results have occurred in periods when prices have been on the floor,” Drewry Supply Chain Advisors said in its February Logistics Executive Briefing. “While the historical results do leave plenty of room for improvement, it is c...
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| Containership charter market in "breakeven mode" |
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Wednesday, February 22, 2012
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The containership chartering firm Danaos recorded profits in the fourth quarter and full-year 2011, compared to losses a year earlier, but the company's chief executive officer said the charter market for containerships is in "breakeven mode with more than half a million TEUs idle, which will delay any improvement in charter rates in the months ahead." Danaos had a profit of $9.1 million in the fourth quarter of 2011, compared to a loss of $8.9 million in the s...
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| CBP proposes changes to in-bond rules |
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Wednesday, February 22, 2012
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U.S. Customs and Border Protection on Wednesday published a notice of proposed rulemaking that would make substantial changes to the way imported merchandise is transported inland under a bond, enabling the cargo owner to defer payment of duties until it reaches the destination port or is exported. The primary fixes involve making the in-bond process electronic and tightening up procedures to better track merchandise and prevent diversion. In the past, CBP has...
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| Shipping analyst sees brighter 2012 for Asia-U.S. trade |
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Wednesday, February 22, 2012
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Trenck A leading shipping analyst said last week he expects the transpacific trade to perform better in 2012 than it did in 2011. “I feel better about the U.S. short-term than many other areas of the globe,” Charles de Trenck, founder of Hong Kong-based Transport Trackers, wrote in his 2012 forecast. “The political cycle is also bound to distort the picture – and may hurt prospects for needed deeper budget cuts. The U.S. in 2012 will be a year of politics when it would be tough...
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| Maersk's MESA slows, shifts to Cape Town |
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Wednesday, February 22, 2012
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The ocean carrier Maersk Line has dropped a port call at Port Elizabeth in favor of a new call at Cape Town and added a seventh vessel to its weekly Middle East/India-South Africa MESA service, increasing round-trip voyage time from 42 days to 49 days. The revised rotation of MESA is Dubai, Karachi, Nhava Sheva, Durban, Cape Town, and Dubai. Maersk subsidiary Safmarine continues to take slots on the service. The Maersk vessels on the service...
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| MSC raises India-Middle East/Europe rates |
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Wednesday, February 22, 2012
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The liner carrier Mediterranean Shipping Co. said it plans to raise rates on the trades from the Indian Subcontinent and Middle East to Europe from March 1. The increases are: $200 per TEU from Indian and Pakistan to Northern Europe . $150 per TEU from Middle East to Europe , including Northern Europe, the Mediterranean, and Adriatic.
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| Drewry opens Shanghai office |
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Wednesday, February 22, 2012
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London-based advisory and research company Drewry said Tuesday it has opened a new office in Shanghai. “Through this new site, Drewry is now better placed to serve key clients, while also using local market knowledge to support international clients,” the company said. “Drewry is no stranger to the Chinese market, having built long-established relationships over the past decade and completed numerous assignments for leading organisations, while also jointly organising the annual...
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| ICS chairman calls for shipbuilding moratorium |
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Tuesday, February 21, 2012
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Spyros M. Polemis, chairman of the International Chamber of Shipping, is calling for a moratorium on new ship construction. Speaking at the a shipping conference in Athens, which was sponsored by the Financial Times of London, Polemis said "until the crisis is over we do need a moratorium on new orders for ships that have no economic purpose. “Current markets would appear to be demonstrating just how seriously damaging the oversupply of s...
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| TCC wins key decision in MQC claims pursuit |
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Tuesday, February 21, 2012
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The shuttered transpacific liner carrier The Containership Co. earlier this month won a decision in U.S. Bankruptcy Court that could help the line recoup lost revenue from its former shipper customers. On Feb. 10, a U.S. Bankruptcy judge in New York found in favor of Norway-based TCC in a motion filed by a group of its customers, who were seeking to have to breach-of-contracts proceedings moved before the Federal Maritime Commission. U.S. Judge Sean Lane denied the motio...
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| Improved productivity at APMT Callao terminal |
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Tuesday, February 21, 2012
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APM Terminals said significant productivity gains have been made at the container terminal it now operates in the Peruvian port of Callao. APMT, the terminal operating arm of the A.P. Moller-Maersk Group, assumed control of the port’s North Terminal in July. In that time, “crane productivity has more than doubled to 26.57 moves per hour per crane and gate turnaround time has decreased by 49 percent to 28 minutes in the first 29 weeks of operations.” The term...
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| Maersk drops more West-Med hub calls |
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Tuesday, February 21, 2012
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The ocean carrier Maersk Line has dropped more calls at its West Mediterranean hubs in Algecrias, Spain and Tangiers, Morocco on its weekly services between Asia and North Europe. Maersk's AE7 loop has dropped calls at Algeciras in both directions, also dropping a westbound call at Xiamen and an eastbound call at Yantian. It has added a call at Nansha and a new stop westbound at Colombo. The AE7 has a revised rotation of Qi...
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| MSC raising Black Sea/East Med export rates |
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Tuesday, February 21, 2012
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The liner carrier Mediterranean Shipping Co. said it plans to raise rates on a number of trades out of the east Mediterranean and Black Sea from March 1. The increases are: $50 per container from Egypt, Lebanon, Cyprus, Syria, and Israel to South Africa, Mozambique and West Africa. $100 per container from Egypt, Lebanon, Cyprus, Syria, and Israel to east Africa and Red Sea ports. $100 per container from Port Said and Alexandria to northern Africa ports. $50 per 20-foot c...
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| NY port hits record container volume in 2011 |
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Tuesday, February 21, 2012
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The Port Authority of New York and New Jersey said it handled a 5.5 million TEUs in 2011 (both loaded and empty), about 4 percent more than in 2010. The port’s on-dock rail system – known as ExpressRail – also set a new record in 2011, handling 422,144 containers of all sizes, or 12 percent more than in 2010.
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| TNT reports $230 million 4Q loss |
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Tuesday, February 21, 2012
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Days after it rejected an acquisition bid from UPS, the Dutch document and package carrier TNT Express said it had a loss of 174 million euros ($230 million) in the fourth quarter of 2011, compared to a profit of 4 million euros in the same 2010 period. Revenues were 1.87 billion euros in the fourth quarter, 2.3 percent more than the same period a year earlier. For the full-year 2011, the company lost 272 million euros, compared to a profit of 69 m...
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| Foss ship resumes voyage after repairs |
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Tuesday, February 21, 2012
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Delta Mariner , the ship that slammed into a bridge across a reservoir on the Tennessee River last month, has resumed its voyage to Port Canaveral. United Launch Alliance, the joint venture between Boeing and Lockheed Martin that charters the ship from Foss Maritime to move rocket components from its manufacturing location in Decatur, Ala. to Cape Canaveral and Vandenberg Air Force Base, Calif., said Delta Mariner , is expected to arrive in Port Canaveral on Feb. 23...
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| Dachser names Diaz U.S. air cargo head |
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Tuesday, February 21, 2012
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Dachser Transport of America (Dachser USA) has appointed Mickey Diaz as director of U.S. air freight. "This new position will better serve our customers, as Mickey is great asset for our shippers to meet the demands of logistics challenges faced in the U.S. market," said Frank Guenzerodt, president and chief executive officer of Dachser USA, in a statement. Diaz will continue her responsibilities with Dachser’s Latin America development. She has been in the ...
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| AirNet sharpens charter activities |
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Tuesday, February 21, 2012
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AirNet Systems, an express air cargo airline based in Ohio, has changed its name to AirNet Cargo Charter Services alongside launching new services around chartered cargo. The company said its goal is to enhance its express cargo charter airline operations in North America. “This rebranding sharpens our focus around key market segments that require the services of our high performance airline in the life sciences, banking, security-sensiti...
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| Hyundai gets biggest containership |
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Tuesday, February 21, 2012
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The liner carrier Hyundai Merchant Marine has received the largest containership in its history, the first of five vessels larger than 13,000 TEUs. The Hyundai Together is 13,100 TEUs and will be deployed in the Asia-Europe. The ship is also the largest vessel operated by any members of the newly formed G6 Alliance, which is due to start operations on the Asia-Europe trade in March. Other G6 members include APL, Hapag-Lloyd, MOL, NYK Line, and OOCL. The...
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| Safmarine receives vessel for Africa trade |
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Tuesday, February 21, 2012
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The shipping line Safmarine said Tuesday it has received the first of three new Safmarine-branded WAFMAX vessels to join the fleet of its parent company A.P. Moller-Maersk this year. The 4,500-TEU Safmarine Chilka has been built for the African trades and will be deployed on the Far East-Africa trade. Safmarine said the ship, built in South Korea by Hyundai Heavy Industries, is fitted with super-long-stroke main engines and a waste heat recovery system to re...
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| Proposed Georgia port aimed at bulk cargo |
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Monday, February 20, 2012
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A third port in southern Georgia could help diversify the state's marine business by concentrating on bulk cargo such as grains, sands, aggregates and wood pellets, according to a Feb. 16 press release by the Camden County Joint Development Authority, which is promoting the concept. David Keating, the JDA's executive director, recently briefed state lawmakers that a 720-acre site where a defunct paper mill now sits is available for sale and presented an excellent opp...
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| TNT stock bumps after acquisition bid from UPS |
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Monday, February 20, 2012
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Shares in the Dutch document and small package delivery company TNT Express rose sharply on Friday, after it rejected an unsolicited acquisition bid from UPS on Friday. Atlanta-based UPS offered 9 euros per share, TNT said, or a total of about 4.99 billion euros ($6.4 billion). On Monday, the stock rose by more than 50 percent, trading in a range of 9.721 euro to 9.949 euro on Monday, up from its Friday close of 6.343 euro. TNT said its supervis...
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| Faster runway exits promised for Newark |
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Monday, February 20, 2012
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A new initiative to reduce tarmac congestion at Newark Liberty International Airport could improve air cargo reliability for carriers and their customers. The Port Authority of New York and New Jersey said last week that it will construct two high-speed taxiways that are more gently angled to allow planes faster exits from the runway upon landing. The $42 million project is scheduled to start in March on Runway 4R-22L, which is 10,000 feet long and handles a...
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| IAG cargo app goes live |
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Monday, February 20, 2012
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IAG Cargo, which combines British Airways World Cargo and Iberia Cargo, has launched a free iPhone and Android phone application that allows customers to track air freight documented on both carriers' air waybills. The app gives real-time tracking information on shipments via waybill numbers and barcodes, while also allowing companies to plan their next shipments. Customers can select their origin and destination, and the app will display a wide choice of...
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| Ports help Georgia land new Caterpillar plant |
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Monday, February 20, 2012
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Access to the ports of Savannah, Ga., and Charleston, S.C., played a key role in Caterpillar Inc.'s decision to build a new plant in Athens, Ga., the company said Friday. The 1 million-square-foot facility will manufacture small track-type tractors and mini-hydraulic excavators and employ 1,400 people when fully operational. The announcement also underscores the recent phenomenon of near-shoring, the slowly growing trend of some U.S. man...
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| Inspectors stop bee threat at U.S. port |
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Monday, February 20, 2012
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The U.S. honeybee population is safer today after U.S. Customs officers at the Port of Norfolk in Virginia recently intercepted a red mason bee hitchhiking in a container of household goods from the United Kingdom, the agency said. It is the first known interception of the red mason bee, which is commonly found in the United Kingdom, and is not established in the United States. Inspectors found the insect within a rolled rug and called in agriculture specialists to ident...
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| Money tightens for 2012 port security grants |
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Monday, February 20, 2012
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A smaller appropriation from Congress for Department of Homeland Security preparedness grants has resulted in the cutback of the Port Security Grant Program to $97.5 million in fiscal year 2012 from $235 million in the last round. On Friday, DHS issued its grant guidance for seven grant programs to help communities prevent, respond to or recover from natural or man-made disasters. The department has more than $1.3 billion to assist states, non-profit agencies and th...
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| Third port for Georgia? |
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Monday, February 20, 2012
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Georgia officials are eyeing a bankrupt paper mill on the St. Mary's River in Camden County as a possible site for a third port, according to two local newspapers. Camden County Development Authority Executive Director David Keating recommended to lawmakers that the state buy the 720-acre site of the defunct mill for $12 million and turn it into a port, the Morris News Service reported Thursday. He also presented his plan to Gov. Nathan Deal and the Georgia Ports Authority,...
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| NY/NJ port authority puts toll violators on notice |
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Monday, February 20, 2012
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Deadbeat truckers, bus companies, vehicle rental businesses and motorists who have racked up thousands of dollars of unpaid tolls at bridges and tunnels in the New York City metropolitan area are now having their identities exposed to shame them into compliance. The Port Authority of New York and New Jersey on Friday published its list of top toll violators , who collectively owe about $5 million. Several small trucking firms involved in goods transportation are named. &nbs...
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| MSC offers through B/L to Richmond, VA |
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Monday, February 20, 2012
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Mediterranean Shipping Co., the second largest container line in the world, has created a bill of lading for shippers originating and terminating cargo at the Port of Richmond, Va., according to the Virginia Port Authority. The carrier is essentially making the shipping process more convenient by offering to take responsibility for arranging the inland move between Richmond and the Port of Norfolk, where MSC's ocean-going vessels pickup and discharge containers...
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| Maersk: Too much Asia-Europe capacity |
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Monday, February 20, 2012
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On Friday, American Shipper reported that CMA CGM and Maersk Line were amending their jointly operated offering of services on the Asia-Mediterranean trade. Maersk expounded its role in the service adjustments on Friday, saying that overcapacity in the trade was hampering freight rates and that the changes would result in a 9 percent removal of its capacity on the trade. “Oversupply of container vessels operating on the Asia-Europe trade lane has pushed Maer...
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| Motorola radios highlight device trends |
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Monday, February 20, 2012
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Motorola Solutions unveiled its SL Series portable radio and its new XPR 5000 mobile radio to address new issues in the modern logistics environment. The two devices fall under its MOTOTRBO umbrella that focuses on voice quality, extended battery life, and a large application developer program aimed at increased productivity and enhanced worker safety. The SL Series weighs less than the average smartphone, and Motorola said it's aimed the slim design at...
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| CSAV raises $1.2 billion in stock sale |
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Monday, February 20, 2012
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The Chile-based shipping company CSAV said last week it had raised an additional $1.2 billion through the sale of additional stock in the company and completed spin-off of its terminal division SAAM. Major investors include the conglomerate Quiñenco, which is part of the Luksic Group, which invested $547 million and now owns 37.44 percent of the company. In addition, $100 million of stock was purchased by Maritima de Inversiones SA (Marinsa), giving the Claro Group a 12....
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| Zim to take slots on MSC Americas services |
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Monday, February 20, 2012
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The container line Zim will from the end of March take slots on a Mediterranean Shipping Co. on the trade between the U.S. East Coast and the east coast of South America, while jointly operating another loop on the U.S. Gulf-East Coast South America trade. The rotation for the U.S. East Coast service will be Charleston, Norfolk, New York, Baltimore, Savannah, Freeport, Caucedo, Santos, Buenos Aires, Montevideo, Rio Grande, Navegantes, Santos, Rio de Janeiro, Suape, Cauce...
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| Unisys seeks India port deal |
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Monday, February 20, 2012
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Unisys Corp. is in talks with India’s shipping ministry to provide security systems to domestic ports to avoid traffic congestion and piracy threats, according to a report in India’s Economic Times . The project involves drawing a port-security roadmap for threats, as well as a vessel traffic management system, with a deal possibly signed by March, according to the report.
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| OOCL raises Europe-Asia rates |
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Monday, February 20, 2012
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The liner carrier OOCL said it plans to raise rates on the trade from Northern Europe to Asia from mid-March. The increase, $200 per TEU, becomes effective March 15.
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| Performance Team transloads in Charleston |
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Friday, February 17, 2012
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Third-party logistics provider Performance Team will open a container transloading facility at the Port of Charleston to shuttle cargo from ocean containers to truck trailers for distribution throughout the Southeast. Performance Team will operate from the Wando Welch Terminal's container freight station and handle both import and export cargo. Performance Team said transloading cargo onsite will increase its efficiency, reduce costs, and...
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| Analyst: $13.1 billion for smart transport |
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Friday, February 17, 2012
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A study by Pike Research, a market research and consulting firm, found that intelligent transportation systems (ITS) will continue to see increased investment worldwide despite tightening purse strings. Pike estimates global investments in smart transport technology will reach $13.1 billion from 2011 through 2017. ITS, also called smart transportation systems, includes electric vehicles, vehicles with advanced telematics systems, new and ...
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| FMC reviews 15 OTI license applications |
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Friday, February 17, 2012
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The U.S. Federal Maritime Commission has received 15 license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from AA Shipping, Houston (Barbara C. Mozie, president); Eagle Van Lines, Temple Hills, Md. (Christos Georgeakopoulos, vice president); J.K. Moving & Storage, Sterling, Va. (Charles S. Kuhn, president); NIT Logistics, Hackensack, N.J. (Esra Terer, corporate secretary); and TBIF, Bozeman, Mont. (Way...
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| Grant helps LTL carrier buy natural gas trucks |
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Friday, February 17, 2012
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Central Freight Lines, a less-than-truckload carrier based in Waco, Texas, announced Thursday it will test 15 compressed natural gas tractors with the help of a grant from the Houston-Galveston Area Council. If the Peterbilt tractors perform well under operational conditions, the company said it may buy another 200 of these low-emission trucks for use in South Texas. The regional coordination agency is using $17.5 million in federal funds to subsidize f...
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| FMC report could revive regulation debate |
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Friday, February 17, 2012
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The debate about how the container shipping industry should be regulated may be revived with the release of a major report by the U.S. Federal Maritime Commission on Thursday about the decision by the European Union to end the so-called "block exemption" for liner companies under EU competition law in 2008. In a telephone interview, FMC Chairman Richard A. Lidinsky Jr. said the central conclusion of the report was positive for U.S. shippers. "Most armch...
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| STB to examine Buffett's BNSF buy |
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Friday, February 17, 2012
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The U.S. Surface Transportation Board said Thursday it will hold a March 22 public hearing to explore the impact of Berkshire Hathaway's acquisition of the BNSF Railway in 2010 on certain costing determinations. Berkshire, headed by the billionaire investor Warren Buffett, paid $43 billion to acquire BNSF. STB said the Western Coal Traffic League (WCTL) and other parties argue that BNSF's acquisition price produced an $8.1 billion write-up in the r...
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| OD puts solar panels on warehouse |
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Friday, February 17, 2012
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Old Dominion Freight Line's warehouse in Thomasville, N.C., will be able to offset more than 90 percent of its energy costs with the help of recently installed rooftop solar panels, the company said. The 1.8 megawatt system is the first foray into solar energy for the less-than-truckload carrier, which has an extensive network of cross-docks around the country. It can produce more than 2.2 kilowatt hours of electricity a year. The project is the t...
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| TNT rejects acquisition bid from UPS |
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Friday, February 17, 2012
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The Netherlands-based document and small package delivery company TNT Express said Friday it received and rejected an unsolicited acquisition bid from UPS. Atlanta-based UPS offered 9 euros per share, TNT said, or a total of about 4.99 billion euros ($6.4 billion). TNT said its supervisory and executive boards "carefully considered the indicative proposal and explored its rationale, merits and risks for shareholders and all other stakeholders...
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| CMA CGM/Maersk reshuffle Asia-Med services |
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Friday, February 17, 2012
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The liner carrier CMA CGM said Friday it will amend the Asia-Mediterranean service network it runs with Maersk Line from early April. The changes include revised port rotations for two services in which the lines currently trade slots – CMA CGM’s MEX service and Maersk’s AE11 service. Additionally, CMA CGM said the two lines will jointly operate both services, rather than each line operating one. Also, larger vessels will be used. The existing rotations will...
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| Maersk remodels TP6/AE6 pendulum |
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Friday, February 17, 2012
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The ocean carrier Maersk Line has slowed its Los Angeles-Asia-Europe TP6/AE6 pendulum, adjusting round-trip voyage times from around 93 days to 103 days. At the same time it has dropped calls in both directions at its West Mediterranean hub in Algeciras, and is adding an eastbound call at its major Middle East hub in Salalah. In North Europe, in addition to a call in Bremerhaven, the loop will add a call at Hamburg. ...
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| FMC: U.S. shippers not harmed by EU law change |
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Thursday, February 16, 2012
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A study released by the U.S. Federal Maritime Commission on Thursday finds the repeal of antitrust protection for the liner shipping industry in Europe in 2008 has not disadvantaged U.S. shippers. On Sept. 25, 2006, the European Union announced the repeal of the regulation that provided a "block exemption" from EU competition law for liner shipping conferences in trades to and from EU members. The change in the law took effect on Oct. 18, 2008. In ...
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| CMA CGM boosts rates on eastbound TP, other trades |
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Thursday, February 16, 2012
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The liner carrier CMA CGM said Wednesday it will raise rates on the eastbound transpacific in line with recommendations made by the Transpacific Stabilization Agreement, among a host of planned rate hikes over the next three months. The proposed increases on the eastbound transpacific include: From Asia to all U.S. destinations (including intermodal), $240 per 20-foot container, $300 per 40-foot container, $340 per 40-foot high-cube container, $380 per 45-foot conta...
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| MSC raises Far East/Caribbean-Central America rates |
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Thursday, February 16, 2012
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The liner carrier Mediterranean Shipping Co. said this week it plans to increase rates from the Far East to parts of Central America, the Caribbean, and the north coast of South America. The increase , effective March 15, is $560 per 20-foot container and $800 per 40-foot or 40-foot high-cube container. The increase is applicable to destination ports in the Caribbean, Panama, the east coast of Central America, Cartagena, and Venezuela.
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| Emirates hikes Mideast/East Africa rates |
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Thursday, February 16, 2012
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Emirates Shipping Line said Wednesday it will seek a rate increase on containers moving from the Middle East to East Africa. The increase, effective March 1, is $250 per TEU. The carrier’s two-ship GIA service links the two regions with a rotation of Karachi, Sharjah, Jebel Ali, Mombasa, Zanzibar, Dar es Salaam, Nhava Sheva, and Karachi.
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| Port truckers in Seattle end protest |
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Thursday, February 16, 2012
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The Port of Seattle announced that cargo operations and deliveries returned to normal Wednesday as a contingent of port truck drivers ended a two-week work stoppage to protest pay and safety conditions. An estimated 300 to 400 drivers that shuttle containers between the port, local warehouses and rail ramps walked off the job Jan. 31 in an effort to get classified as employees instead of independent contractors and draw attention to alleged occupational hazards such...
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| Elemica launches TMS |
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Thursday, February 16, 2012
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Elemica, a supplier of supply chain integration and optimization services, has introduced its new Elemica Transportation Management solution (ETM) that’s based on Oracle’s transportation management service. The service is available as a subscription offering and promises to optimize logistics and transportation processes. The ETM provides visibility over the logistics order lifecycle and anticipates the needs of its customers, largely the chemical industry.
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| Ryder names Sanchez president |
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Thursday, February 16, 2012
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Ryder System has appointed Robert E. Sanchez to president and chief operating officer. Sanchez most recently served as president of Ryder's Global Fleet Management Solutions (FMS). During his 18 years with Ryder, he has held a variety of executive-level positions. Dennis C. Cooke succeeds Sanchez as head of FMS, which is Ryder's largest global business operation with a fleet of more than 180,000 vehicles at 800 locations and serving more than...
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| Mixed fortunes at SoCal ports in January |
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Thursday, February 16, 2012
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Container volume at the Southern California ports rose a collective 1 percent year-on-year in January, but the spoils were not equally shared, with Los Angeles volume rising, and Long Beach’s dropping. The two ports handled a collective 1.15 million TEUs in the month, up from 1.13 million TEUs in January 2011. Los Angeles’ volume rose 5.8 percent in the month to 698,715 TEUs. Long Beach’s volume fell 3.9 percent to 456,424 TEUs. Imports to Los Angeles rose 5.3 perce...
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| Sylectus, MacroPoint partner on new service |
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Thursday, February 16, 2012
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Florida-based Sylectus, a unit of Qualcomm Enterprise Services, has reached agreement with MacroPoint to offer an “intuitive" fleet tracking application for trucking companies. Sylectus said the offering will allow 3PLs, fleet owners and managers, freight brokers, and carriers to track loads and drivers without requiring any new hardware or long-term contracts. The application will offer a “pay-for-play” model that can add location tracking to any existing transportation...
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| U.S. imports to rise in first half 2012 |
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Thursday, February 16, 2012
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Import cargo volume at the nation’s major retail container ports is expected to drop 6.8 percent in February from the same month a year ago, but should show year-over-year increases through most of the remaining first half of 2012, according to the monthly Global Port Tracker report released Wednesday by the National Retail Federation and Hackett Associates. “With consumer confidence building, retailers are optimistic that the economy is recovering but are continuing to be ...
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| Hamburg Süd raising U.S-Oceania rates |
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Thursday, February 16, 2012
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The liner carrier Hamburg Süd said Wednesday it plans to raise U.S. export rates to Australia and New Zealand in April. The increase, $150 per 20-foot container and $300 per 40-foot container, becomes effective April 1.
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| CMB considers next step for aviation group |
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Thursday, February 16, 2012
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Compagnie Maritime Belge (CMB) said it plans to grow its aircraft and aviation services company ASL Aviation Group. Antwerp-based CMB entered the passenger and cargo aviation business in 1998, and it’s been one of the fastest emerging operations in the company’s transport assets portfolio. CMB is known in the maritime industry for its fleet of post-Panamax-, cape- and handy-size bulk vessels. ASL is a joint venture between CMB (51 percent) and 3P Air Freight...
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