100th rail service provider in the port of Hamburg For the first time ever 100 rail transport companies are providing services on the port of Hamburg's rail network. This is a record in the history of the 146-year old port railway....
SBB equipping more rolling stock with ETCS Swiss Federal Railways (SBB) has already equipped around 1,700 of its vehicles with the European Train Control Systems (ETCS). Now the rail transport provider has awarded Siemens a...
Evergreen to upgrade BSF feeder service In response to increasing market demand for feeder space, the Taiwanese carrier Evergreen Line will upgrade the Piraeus - Black Sea service (referred to as BSF) at the end of this ...
Streck Transport creates human resources development post The Swiss forwarding company Streck Transport AG, based in Möhlin near Basel, has appointed Hendrik Caspar as head of human resources development (HRD). Caspar will be responsible ...
Wim Bosman puts LNG trucks into service Wim Bosman Transport BV, a Dutch logistics service provider, has phased in the first liquefied natural gas truck (LNG Truck). The firm has ordered a total of five Mercedes-Benz Eco...
Air China test flight to world's highest airport Air China has operated a first test flight to Daocheng Yading, the world's new highest airport that is expected to be fully opened for commercial operations next year. The facility...
PanAir Cargo's concrete plans to resume operations After almost two years of inactivity, Panama's PanAir Cargo plans to resume cargo operations. The carrier has just taken delivery of a B727-200F from Capital Cargo International Ai...
ICTSI appoints vice-president for global infrastructure Philippines-based International Container Terminal Services Inc (ICTSI) recently appointed Guillaume Lucci as vice-president and global infrastructure director. He will be responsi...
Iveco in joint venture with Larimar Group in South Africa The truck maker Iveco and the Larimar Group, a leading South African public transport operator and bus bodybuilder, have signed an agreement to set up a joint venture for the manuf...
EASA publishes new simplified rules for third country operators in the European Union The European Aviation Safety Agency (EASA) has published a proposal to establish a single system for the safety approval of third country operators (TCO) operating into, within or ...
Talke Group opens more locations in China Alfred Talke Logistic Services, a Germany-based provider of transport and logistics services for the chemical and petrochemical industries in Europe, the Middle East and Asia, has ...
A.R.T. Logistics opens global headquarters in Hong Kong A.R.T. Logistics, a leading project logistics company focused on Central Asia, Russia and the CIS, has opened its global headquarters in Hong Kong. The company works with large mul...
Russian Railways and PSA Peugeot Citroën sign shareholders' agreement with regard to logistic company Gefco The president of JSC Russian Railways (RZD), Vladimir Yakunin, and Philippe Varin, the chairman of the board of the French car manufacturer PSA Peugeot Citroën, have signed a shar...
Obama urged to order Mississippi draught blasts BARGE operators and commodities shippers are so distressed about the downstream effects of dangerously low water on the upper Mississippi River that they have urged the White House to declare an emergency
Berthing savings seen BERTHING, today among the least efficient of port processes, could offer owners millions of dollars per year in fuel reductions if improved, a study has found
Another day, another fleet for Kirby Corp NYSE-listed barge operator Kirby Corp has agreed to acquire Penn Maritime, continuing its billion-dollar-plus string of acquisitions
Pizza with a teu topping SPEAKERS at the 2012 Intermodal Europe event in Amsterdam expressed frustration that the logistics chain lags far behind other industry sectors in customer services and IT sophistication
P+S Werften fires salvo back at Scandlines A GERMAN shipyard's administrator today returned fire at Scandlines, which yesterday blamed P+S Werften for the Baltic operator's cancellation of newbuilding contracts for two ferries
Gold ship salvage put on ice RUSSIA'S rescue and salvage tug Rubin has halted operations at a Sea of Okhotsk wreck site for the winter
BLT given more time INDONESIAN chemical specialist Berlian Laju Tanker has been granted an extension to continue restructuring
Maybulk profits narrow MALAYSIAN Bulk Carriers said today profits for the nine months ended 30 September fell 35% because of "continuing weakness" in both drybulk and tanker segments
Chinese yard squeeze worsening OPTIMISING China's shipbuilding overcapacity is daily becoming a more vital priority, a conference has heard in Tianjin
Bunker tanker restores Russian Far East service GAZPROM'S oil subsidiary Gazpromneft today restored bunker tanker service in the Russian Far East, which had been absent for two decades
S&P deal means 205% premium ZHOUSHAN Shipping, a wholly owned subsidiary of Zhong Chang Marine, said it will sell its bulker Zhong Chang 28 for 45M yuan ($7M) to a Shanghai trade company, at a 205% premium
MISC 3Q profits fall 19.4% MALAYSIAN carrier MISC said today net profits for 3Q12 dropped 19.4% year on year to $52.761M
Delivery slippage to dampen drybulk rates SLIPPING deliveries of drybulker newbuildings will keep freight rates under downward pressure early next year, a shipping analyst said today
CMA CGM idles ULCS CMA CGM has reportedly idled one of its ultra-large container ships, CMA CGM Libra, as carriers withdraw sailings amid the slack winter season, said broker Banchero Costa
Toys "R" US Canada, SCI Open British Columbia DC Toys "R" Us Canada is teaming up with Toronto-based SCI Logistics to open a 180,000-square-foot distribution center in Delta, British Columbia. The facility, staffed by SCI, is strategically positioned to receive goods from overseas and domestic manufacturers that now can ship directly to British Columbia for distribution to local Toys "R"...
Portland Grain Handlers, ILWU Brace for Action With a midnight Wednesday deadline looming, grain handlers in the Pacific Northwest and International Longshore and Warehouse Union workers at six export terminals are bracing for labor actions on Thursday that could involve an employer lockout or a forceful ILWU response to a lockout. The deadline involves a final contract offer...
Washington State Gets DOT Grant for Rail Project The U.S. Department of Transportation awarded more than $3.2 million to Washington state to improve capacity and reliability for freight and intercity passenger rail in the Pacific Northwest. The grant will support the $8.4 million Mount Vernon Siding Extension Project, which will extend the existing siding track that is currently not...
Transportation Nonprofit Elects Trucking Executives to Posts Help Inc., a nonprofit specializing in transportation safety, recently elected two trucking association executives to leadership positions. Don Schaefer, executive vice president of the Mid-West Truckers Association, was elected vice chairman, effective August 2013. John D. Esparza, president and CEO of the Texas Motor Transportation Association, was elected to serve as a...
Port Manatee Elects Carol Whitmore 2013 Chairman Carol Whitmore, Port Manatee's 2013 chairman. Members of the Manatee County Port Authority in Florida recently elected fellow member Carol Whitmore as 2013 chairman, succeeding Larry Bustle. Other elected members included John Chappie as first vice chairman, Michael Gallen as second vice chairman and Vanessa Baugh as third vice chairman. Whitmore was previously...
Customs to Tap $70 million for ACE U.S. Customs and Border Protection secured funding to expand the Automated Commercial Environment for the next 18 months, bringing the flagship trade automation initiative out of development limbo, an agency official said Wednesday. The agency will tap roughly $70 million carried over from past fiscal budgets to help meet its goal...
Labor Actions May Escalate at LA-Long Beach Employers in Southern California are bracing for a possible escalation of labor actions because International Longshore and Warehouse Union dockworkers refused to abide by an arbitrator's decision late Tuesday to return to their jobs at the APM terminal in Los Angeles. The escalation could come in the form of striking office...
Ghosts of Intermodal Past Maybe it's the approach of the holiday season and its inevitable references to "A Christmas Carol," but the ghosts of intermodal past seem to be offering good advice for us now and for the future. The intermodal past was a free-wheeling - if not more innocent and trusting - time. Less...
Kwik Trip Selects Blue Tree Systems' Platform to Monitor Fleet Convenience store operator Kwik Trip today selected fleet management company Blue Tree Systems' R:COM temperature management solution for its fleet of more than 150 multi-temp delivery vehicles operated by its subsidiary Convenience Transportation. Blue Tree has provided temperature management solutions for Kwik Trip since 2005 when it adopted the first generation...
CEVA Logistics' Income Plunged 50 Percent in Third Quarter Netherlands-based CEVA Logistics on Wednesday reported a pretax loss of 50 million euros ($64.6 million) for the third quarter, compared with a year-earlier loss of $129.2 million. Year-to-date, the pretax loss grew to $292.1 million from $184.8 million a year earlier. "We are addressing the decline in profitability with a comprehensive plan to...
For Trucking, Rails, It's More of the Same The trucking and railroad industries face little risk of regulatory surprises in the next few years, as the pipeline of rules laid out in President Obama's first term will continue to flow through his second. Environmental and labor policies, however, could affect shippers' and carriers' bottom lines. With Obama re-elected, carriers...
Used Truck Sales Up 6 Percent Sales of used Class 8 trucks rose 6 percent in October from the previous month, driven by lower pricing, according to ACT Research. The increase in used truck sales occurred as net orders for new heavy-duty tractors and medium-duty trucks surged in October after a long soft patch. October's gain followed a...
Drewry Eastbound Pacific Rate Benchmark Slips Eastbound trans-Pacific rates continued to drop this week, slipping 0.7 percent to $2,178 per loaded 40-foot container, according to the Drewry Hong Kong-Los Angeles Container Rate Benchmark. The figure released Tuesday was the seventh consecutive weekly decline. The index has lost nearly 18 percent of its value since mid-October when it...
Exporting Optimism Economists are bullish about prospects for U.S. exports in 2013 - in the second half of the year, that is. "The second half of 2013 will be a lot better than the first half," said Walter Kemmsies, chief economist at Moffatt & Nichol engineers. Europe is battling recession, and that battle...
Post-Sandy Truck Rule Exemption Expires WASHINGTON - An exemption to certain federal safety rules for truck drivers and trucking companies delivering aid to victims of Hurricane Sandy expired on Nov. 27. The exemption, put in place Oct. 29, eased hours-of-service rules for truck drivers hauling emergency supplies in an area stretching from Maine to West Virginia. Carriers...
Kazakhstan Gets Ex-Im Bank Loan for GE Locomotives The Export-Import Bank of the United States; Kazakhstan Temir Zholy, Kazakhstan's state-owned national railway company; and KTZ's subsidiary Joint Stock Company Lokomotiv recently signed an agreement for a $425 million loan to finance the sale of 200 General Electric Evolution Series locomotives and locomotive kits to KTZ. The agreement was signed...
Japan, US to Expand Trade Facilitation Programs TOKYO - Japan and the United States agreed to expand their trade security and facilitation programs to include Japan's imports from the U.S., effective Dec. 3. The application of Japan's Authorized Economic Operator program and the U.S. Customs-Trade Partnership Against Terrorism to trade between the two countries has been limited to...
Port of Corpus Christi Names Brogan Managing Director Port of Corpus Christi commissioners promoted Frank Brogan, former deputy port director of engineering, finance and administration services, to the role of managing director, effective immediately. The promotion is part of a succession planning and organizational restructuring, the port said. Brogan will be responsible for the day-to-day operations of the port, including...
Boskalis Builds Leading Stake in Dockwise Dutch dredging and marine services group Boskalis said it has built up a 33 percent stake in Dockwise since it offered $887 million for the Netherlands-based heavy-lift shipping company at the beginning of the week. The cumulative share purchases have made Boskalis the biggest individual shareholder in Dockwise, paving the way...
New strike shuts LA box terminal A strike by port clerks has shut down the largest cargo terminal at the US west coast port of Los Angeles and threatens to spread to all the terminals at the port ...
Bunker prices lack direction Oil prices are looking for the next good news or bad news story to determine their level at the year end, but with freight rates on the blue-chip Asia to Europe ...
Cape Town breaking records Cape Town Container Terminal [CTCT] broke its performance records in both September and October an achievement that port operator, Transnet Port Terminals' [TPT] ...
Samskip pioneers lightweight container Netherlands-based north European short sea carrier, Samskip Multimodal has partnered with Dutch life science mega-company Royal DSM to develop a workhorse 40ft ...
China not a currency manipulator In its twice-yearly report the US Treasury has pulled back from designating China as a currency manipulator but said that the yuan still remained 'significantly ...
Transpacific agreements are to merge The two discussion agreements that cover eastbound and westbound transpacific container services are to be combined. The 15 members of the Transpacific Stabilization ...
Iberia backs Safe One of shipping's most upbeat equity analysts has trimmed a price target attached to shares of Safe Bulkers.
Arms trade continues UN sanctions targeting North Korea's illegal weapons trade don't appear to have had a significant impact on proliferation, sources said Wednesday.
Tanker torched An ageing aframax tanker that used to trade with Teekay Corp appears to have been offloaded in a demolition deal worth roughly $6.1m.
Pappas eyes MR Petros Pappas appears to be closing in on the acquisition of another medium-range product tanker in a transaction worth an estimated $14.8m.
Seabird swoops for cash SeaBird Exploration has raised NOK 82.5m ($14.5m) through a private placement with a view to investing in a ship upgrade.
Erika part of the problem A fall-out from the Erika spill and the plunging price of scrap steel in the subcontinent are making it difficult for owners to demolish VLCCs despite a terrible market, Clarksons says.
Vitol invades Germany Vitol is expanding its presence in the marine fuel market with the launch of a new bunker supply business in Germany.
Scandlines sets ball rolling Baltic ro-ro operator Scandlines will be sold in the first half of next year, sources close to the deal have said.
Golar sees tiered market Fuel efficient vessels are starting to command a premium from charterers in the LNG market, according to John Fredriksen's Golar LNG.
Golar Partners just grand Fredriksen's period-charter gas fleet gets a boost from new ships as third quarter profit rises.
SCF trims deficit Sovcomflot has chopped its third quarter deficit in half despite turmoil continuing to engulf the tanker market.
Shin Yang slides First quarter profit has fallen at Malaysia's Shin Yang Shipping as costs rose.
Frank flogs stock Top Carnival Corp executive Howard Frank looks to have a little more cash to spend this Christmas after trading in some of his shares.
MISC earnings stripped Malaysian state shipping company MISC has seen a fall in profit despite reporting higher revenue.
Cosco in handy score Cosco Corp (Singapore) has bagged an order for two handysize bulkers from a mystery owner.
Holly eyes shipbuilding Indian shiprepairer Holly Offshore Logistics is launching a shipbuilding joint venture with Russian interests.
Malaria bulker cleared Ukrainian authorities have allowed a Bangladeshi bulker to dock after the death of an officer from malaria earlier this month.
Jason struggles on A successful debt restructuring at Eitzen Chemical has not lifted the mood at its major investor Jason Shipping.
NITC ship turned away A Greek fuel supplier is investigating the origins of an oil cargo on an NITC tanker that arrived off Syros this week.
Bumi seals Osprey swoop Malaysia's Bumi Armada has confirmed the purchase of a Japanese-built VLCC.
K Line stamps bulk brake Trouble in the dry-cargo market has forced K Line to curb its fleet expansion plans in the sector.
Brinkmann: higher offers The administrator of insolvent German shipyard P+S Werften is expecting to sell two ro-pax vessels cancelled by Scandlines this week.
Killer crewman jailed A former Great Eastern engineer has been handed a life sentence for murdering a colleague and tossing his body overboard.
Uljanik goes low Croatia's Uljanik Shipyard has priced its stock offering at the bottom end of its range as it looks to expand its capital.
Cauvery agents arrested Two shipping agents have been held by Indian police investigating the death of six crew who abandoned the grounded tanker Pratibha Cauvery in October.
Scandlines cancels duo Insolvent P+S Werften in Germany has lost another two newbuilding contracts after Scandlines lost patience.
Maybulk profits surge Malaysian Bulk Carriers (Maybulk) has posted a healthy year-on-year jump in third quarter profits despite weaker revenues.
Kirby to buy Penn Kirby is poised to make second purchase in three months with the $295m takeover of Penn Maritime and Maritime Investments LLC.
CAI plans fund raiser Container lessor CAI International is looking to raise up to $50m in fresh funds from a public offering of stock.
Globus slips to a loss Globus Maritime slipped to a loss in the third quarter as it looks to weather the weak freight environment.
TSA wants ability to discuss transpacific trade in both directions "Since they operate their business on a roundtrip basis, it only makes sense to view the two segments as an integrated whole from an agreement perspective as well," said TSA Executive Director Brian Conrad.
Shallow Mississippi River fears escalated to White House
U.S. trade mission underway in Sub-Saharan Africa
FMC reviews 18 OTI license applications
Manchester gains approval for logistics hub The Manchester City Council has approved the planning application for the World Logistics Hub, a 1.4 million square-foot logistics park set for development in the free-enterprise zone near the Manchester Airport.
TSA modifies bunker surcharge The discussion agreement said a consolidated charge will dramatically simplify how inland intermodal fuel surcharges are assessed and collected, and provide customers with greater clarity in forecasting their total freight costs.
Matson plans to build new ships
Maersk speeds up WCCA, drops Puerto Caldera
CEVA announces cost-cutting measures
Kirby acquires Penn Maritime for $295 million
Amazon supply chain more admired than Apple In a poll of 1,136 executives conducted by SCM World, 58 percent said they admired Amazon most overall for the way it operates its supply chain, compared with 37 percent who picked Apple.
Chapman Freeborn expands in South America
SCI opens international DC for Toys 'R' Us Canada
Clerk strike shuts down Pier 400 in L.A. Clerical workers representated by the International Longshore and Warehouse Union Local 63 Office Clerical Unit went on strike at APM Terminals (APMT) Pier 400 facility in the Port of Los Angeles on Tuesday.
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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