Korean lines add service to Jakarta and Hong Kong Korea Marine Transport and Hyundai Merchant Marine have launched a joint weekly service anchored by Jakarta International Container Terminal. Full story
TNT reportedly dropping Manila hub for Hong Kong The express company will bail after a dispute with its local air cargo partner. Full story
P&O Ports to operate Chennai box terminal The company expects to receive a letter of intent on the 30-year concession shortly. Full story
Mexican railway to rebuild port rail route The 12-year, $100 million contract will upgrade the 362 miles of track from the Pacific port of Lazaro Cardenas to Celaya. Full story
The ever-changing model of a transport dot-com Logistics e-commerce is in a state of flux, and the most basic ideas are up for grabs
Logistics alliance adds food companies to the pot
ANA, TWA to cooperate in mail transport
Four airlines launch global alliance
P&O Ports selected to operate Chennai box terminal
Antitrust expert casts doubt over United-USAir merger
South Korea ag shippers get Web alternative
New dot-com plans direct links between air shippers, carriers
Cape coast hit by sunken Treasure spill HEAVY fuel oil pollution from the bulk ore carrier, Treasure, which sank late last week, has hit some of Cape Town's premier resort areas as well as the national heritage site, Robben Island.
Poles appeal over IACS expulsion POLSKI Rejestr Statkow has branded its expulsion from the International Association of Classification Societies as a "miscarriage of justice" and is appealing for reinstatement to the organisation.
Underwriters brew up internet cafe A CYBERSPACE descendant has followed the line of Edward Lloyd's coffeeshop, the bustling rendezvous that cradled the great London insurance market.
Kvaerner rights issue 'disappointment' NORWEGIAN engineering and shipbuilding group Kvaerner has announced a disappointing result to its NKr2.5bn ($299m) rights issue launched last month, writes Rajesh Joshi Oslo.
Offshore havens face new probe MANY of the world's leading ship registries may face a tough fight to retain tonnage volumes under a threatened clean-up of offshore financial centres.
No room for complacency FOR anyone with a long-term survival plan there is no substitute for knowing just how strong your trading partners are. Two companies that recently fell out of the market, leaving a trail of debt in their wake, offer a cautionary tale.
La présidence portugaise de l'UE veut forcer une décision sur l'adaptation des écopoints autrichiens La présidence portugaise de l'UE a l'intention de forcer une décision sur l'adaptation du nombre d'écopoints pour le transit routier à travers l'Autriche lors du prochain conseil des ministres du Transport la semaine prochaine à Luxembourg. Si les ministres européens ne parviennent pas à se mettre d'accord, se sera à la Commission européenne de trancher, en vertue de la procédure prescrite. Le système des écopoints doit être adapté, le nombre de trajets autorisés par l'Autriche ayant été dépassé l'année dernière. La matière ressort d'un protocol au Traité d'adhésion de l'Autriche à l'UE.
"EuroBridge reste à Gand" Suite aux investissements annoncés par Volvo Cars Gand, EuroBridge de DFDS Tor Line est à l'aube d'une nouvelle phase d'expansion, a déclaré Eric Nilsson, deputy managing director, jeudi à Gand (voir LL du 23/06). Volvo Transport, de loin le plus grand client d'EuroBridge, va confier à ce service des trafics encore sensiblement plus importants. De plus le 'third party' devrait aussi continuer à croître. DFDS Tor Line veut maintenir la part de Volvo sur cette liaison à environ 45% (elle est actuellement de 48%, selon l'échevin du port, Daniël Termont). Sans adaptation de ce service, la cargaison Volvo atteindrait à terme les 80%. Le service Gand-Göteborg devra donc être renforcé si l'on veut garder un certain équilibre entre les deux flux.
Le port de Genk veut jouer un rôle clé dans le développement du Limbourg en tant que pôle logistique Le port de Genk veut jouer une rôle de premier plan dans le développement des activités logistiques dans le Limbourg. Dans ce contexte, l'exploitant de l'ancien port charbonnier en bordure du canal Albert va collaborer prochainement avec Euro Terminal Genk pour l'exploitation commune des terminaux ferroviaires à Genk et Winterslag. C'est ce qui a été annoncé vendredi lors de l'ouverture officielle du terminal à containers de Genk.
Grimaldi relance son projet de terminal-hub au Benelux Dans le courant des prochains jours, l'armement Grimaldi (groupe Naples) va relancer son projet de grand terminal-hub pour le Benelux, en prenant à nouveau contact avec les trois ports susceptibles d'entrer en ligne de compte, à savoir Anvers, Flessingue et Zeebrugge. Cela fait maintenant plus de deux ans que l'armement évoque cette perspective, jusqu'ici qu'il n'a pu poursuivre en raison des divers développements qui se sont manifestés et se manifestent toujours dans le cadre de son grand service de cabotage intra-européen EuroMed.
The world is full of guides. Guides that rate restaurants. Guides to finding the perfect mate. But why, oh why, shippers may cry, is there no comprehensive guide that ranks motor carriers according to criteria important to shippers? Armstrong & Associates and Market Data Corp. want to give shippers that guide. They call it CarrierRankings.com, an online guide to transportation carriers. The companies have identified 1,800 carriers - 1,600 of them motor carriers - that will be included in the CarrierRankings.com database. Shippers will be asked to rate the carriers according to criteria developed by Armstrong and Market Data. Best of all, there will be no charge to shippers for basic services.
Although the Surface Transportation Board is taking 15 months to rewrite its merger rules, says a Chicago transportation attorney, it declines to follow or amend its own rail line-abandonment procedures, which may have a greater financial impact on shippers. Tom McFarland, a former elected official of the STB's bar association, says the STB's reluctance to review its line-abandonment policies could be attributed to fear that Congress might recognize a short-changing of shippers and the public. Through a complaint filed with the STB, McFarland is hoping to pressure the agency either to follow its own regulations or admit publicly they're a sham.
Although UPS Logistics was pitching the attractions of the logistics market to the investment community recently in New York, the company may have been preaching to the choir. A report by investment company Bear Stearns estimated that last year's logistics market was worth $920 billion in the United States and $2 trillion globally, with less than 5 percent of this business being outsourced. The logistics market related to e-commerce is valued by Bear Stearns at around $42 billion this year and projected to reach $274 billion by 2004. Third-party outsourced expenditures are estimated at $11 billion in 2000, rising to $100 billion in 2004. Bear Stearns' advice: "Hang on to your seat belts - the supply chain revolution is about to blast off."
James Welch is taking over as president and chief operating officer of Yellow Freight System with a plan to do battle with all competitors, both long-haul and regional. Welch is unveiling a plan by which the nation's largest long-haul LTL carrier also is actively competing against the regional competition in the one- and two-day lanes. The 45-year-old Welch takes over YFS at a time when it is improving its profitability, thanks to its Exact Express offerings, but he says he won't be satisfied unless further improvement in operating ratio is made.
The STB has initiated a proceeding to determine whether railroads can file tariffs against other railroads. The issue was raised as a result of a dispute between Union Pacific Railroad and a Chicago terminal railroad, among other shortlines, which maintain that they should be allowed to assess charges against UP (and other railroads) as a disincentive to trains being left unpulled from their tracks. UP and others say that there already is a system in place for dealing with such matters, and that allowing railroads to assess charges against other railroads unilaterally would impede service.
The end is in sight in the fight for the right to serve China. Four U.S. airlines - American, Delta, United Parcel Service and Polar Air Cargo - are vying for a shot at serving the world's largest market and unless something derails the process, the Department of Transportation is expected to announce the tentative winner in the next month or so. UPS has made China its No. 1 international priority and has been hammering the need for competition in the express industry since the application process began more than a year ago. FedEx has the only express service into China and is happy to keep it that way, claiming customers would be better served by its ability to add more destinations than by UPS duplicating service.
APL will participate in a new direct weekly container service between Singapore and the Indian subcontinent that it says will slash transit times between the region and the United States by six days. The new service, known as the Gulf Asia Line Express, or GALEX, will be offered in partnership with Samudera Shipping Lines, CMA-CGM SA and Contship Container Lines. In addition to serving the Indian port of Nhava Sheva directly, APL also will make direct calls for the first time to two other Indian ports, Tuticorin and Cochin. The new service, which started June 24, is expected to affect existing routes by speeding up delivery of refrigerated goods from North America and extending cargo-loading deadlines at the port of Karachi, Pakistan.
There was much wheeling and dealing at the E-Commerce Freight conference in Las Vegas, sponsored by eyefortransport.com, a subsidiary of London-based First Conferences. The dot-com conference drew huge numbers of Internet transportation players but hardly any customers. Hence, the venue became a mecca for forging alliances or scoping out potential buyouts. Part of the conference was a roundtable discussion of all things Internet and transportation related. Fourteen transportation and logistics dot-coms sat down to answer questions on the industry's future.
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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