|
|
|
|
|
|
| Drewry Air Freight Index - A slow climb in April |
|
Monday, May 20, 2013
|
|
Air freight rates out of Asia are slowly inching back up to February’s yearly high of $3.32 per kilogram, ending April at $3.21 per kilogram, a rise of $0.06 over March’s figure, according to the Drewry East-West Air Freight Price Index . The index measures the average per-kilogram price paid by forwarders to airlines on 21 major East-West routes. Each result factors in the base rate plus any security and fuel surcharges. February’s high-water mark came in $0.32 per kilo...
|
| Drewry forecasts more slow steaming |
|
Monday, May 20, 2013
|
|
Drewry is predicting an increase in slow steaming by container carriers. "Although slow steaming continues to be a contentious issue with shippers, more is on the way as fuel prices remain stubbornly high and ocean carriers can no longer absorb the bill due to the parlous nature of their finances," the London-based consultant says in the latest edition of its Container Insight Weekly . "Drewry believes that ocean carriers are losing money at present due to the frei...
|
| Georgia Ports has record April |
|
Monday, May 20, 2013
|
|
Georgia Ports Authority (GPA) moved 2.4 million tons of cargo in April, a 4.7 percent increase -- or 108,532 tons –- over the same month a year ago. “Our total tonnage makes April the highest volume month on record,” said GPA Executive Director Curtis Foltz The GPA handled 258,951 TEU, 10,040 TEUs more than April 2012. The port also handled 57,709 auto and machinery units in April, its third highest month for roll-on, roll-off cargo. Foltz said four ne...
|
| Virginia to open Canadian agriculture trade office |
|
Monday, May 20, 2013
|
|
The state of Virginia will open an international trade office in Canada this year to further promote exports of agriculture and forestry products, which hit an all-time high last year, Virginia Secretary of Agriculture and Forestry Todd Haymore recently reiterated. During remarks May 9 at the Virginia Maritime Association's annual banquet in Norfolk, Haymore noted that Gov. Bob McDonnell is the first governor in modern Virginia history to include agriculture and forestry i...
|
| Airport cargo results enforce negative trend |
|
Monday, May 20, 2013
|
|
March tonnage numbers for four airports spanning the United States paint a mixed picture of the health of U.S. airports, but the general trend is one of cargo activity decline. Los Angeles International Airport handled 171,798 total tons of cargo in March, seeing 7,992 tons of mail and more than 163,000 tons of freight. While the mail result showed a 4.57 percent uptick, year over year, freight declined by 2.83 percent, leading to an overall decline of 2.51 percent. In the first...
|
| Developer adds California retail distribution space |
|
Monday, May 20, 2013
|
|
Port Logistics Group has added two new facilities spanning more than 1.1 million square feet to its retail distribution campus in City of Industry, Calif. The development now boasts more than 2.5 million square feet of space. The first new building, a 350,000-square-foot facility, will house new and existing clients. A 775,000-square-foot development has also been built for three new clients.
|
| Virgin Cargo optimistic about road ahead |
|
Monday, May 20, 2013
|
|
In its recently ended fiscal year, Virgin Atlantic Cargo boosted its market share on 30 routes, sometimes gaining up to 40 percent of the share of a given lane. That aggressiveness helped lead to cargo results that, despite a terrible cargo market, were basically flat when compared to the previous year. Virgin Cargo carried 214,737 tons of cargo in the 2012-2013 fiscal year, a 0.91-percent decline over the previous year. Revenues ended the fiscal year at 230 million euros ($295...
|
| Shift in wind trade direction at Corpus Christi |
|
Monday, May 20, 2013
|
|
Port Corpus Christi says it has been a leading port for imports of wind energy turbine components since 2006, but last week handled components for export for the first time. On Saturday, 35 Mitsubishi wind blades made in Ciudad Juarez in northern Mexico were loaded on a vessel carrier operated by NYK-Hinode. The blades are destined for Japan. “The Port anticipates additional wind cargo export opportunities within the upcoming months,” said John LaRue, ...
|
| Aljex and AES Logistics integrate on intermodal rates |
|
Friday, May 17, 2013
|
|
AES Logistics and Aljex Software said Thursday the two companies have integrated AES Logistics rates into Aljex hosted software for quick access by Aljex users. AES is a provider of transportation services and supply chain logistics including truckload, less than truckload (LTL), ocean and air cargo service. Aljex is a provider of hosted transportation management software for brokers, carriers and other transportation providers. "Integration with AES provides sourci...
|
| FMC proposes OTI reforms |
|
Friday, May 17, 2013
|
|
The Federal Maritime Commission (FMC) this week voted a proposed reformation of the rules governing ocean transportation intermediaries (OTIs), both domestic and foreign. Under the proposed rule, licensed OTIs, which include non-vessel-operating common carriers (NVOs) and freight forwarders, would have to renew their licenses every two years. Currently, OTIs have no requirement to renew once they have been granted a license. They only need a qualifying individual (QI) for the l...
|
| Contractor picked for Miami dredge project |
|
Friday, May 17, 2013
|
|
The U.S. Army Corps of Engineers on Wednesday awarded a $122 million contract to Great Lakes Dredge & Dock Corp. for deepening the entrance to the Port of Miami to 50 feet, the company said. Excavation is expected to commence in August and be completed in time for the opening of the expanded Panama Canal in 2015, which will enable 14,000 TEU container vessels to reach the U.S. East Coast from Asia via the Pacific Ocean. Miami would become the third port on...
|
| Group calls for supply chain accountability |
|
Friday, May 17, 2013
|
|
A group of investors and stakeholders from more than 115 organizations have banded together under the Interfaith Center on Corporate Responsibility to ask global shippers to ensure the safety and welfare of their workers and to ferret out supply chain abuses. The group has called on shippers around the world to implement International Labor Organization standards at all their facilities and to pay attention to the United Nation’s framework on human rights responsibilities in bus...
|
| UPS releases new iPad app |
|
Friday, May 17, 2013
|
|
UPS today announced a new app for the iPad to let users easily track packages, find UPS shipping locations, and access UPS My Choice, all with enhanced mapping features. The UPS app for iPad enables customers to track packages and find locations where they can send shipments. Additionally, the app allows users of UPS My Choice to access all of the features of the service including the ability to reroute or reschedule delivery. UPS My Choice Premium members can also view their d...
|
| Ex-Im Bank’s $500 million loan helps Mongolian mine |
|
Friday, May 17, 2013
|
|
The U.S. Export-Import Bank has authorized an approximately $500 million direct loan to finance the continued development of a Mongolian mine that, upon completion, will generate about 30 percent of the Mongolian GDP. Additionally, Ex-Im Bank's financing will support about 2,000 U.S. jobs across the United States, according to bank estimates derived from Commerce and Labor department data. The Oyu Tolgoi mine, which is located in the South Gobi region about 550 kil...
|
| Postal group signs deal with Amber Road |
|
Thursday, May 16, 2013
|
|
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...
|
| NetSuite opens doors to Descartes, Freightgate |
|
Thursday, May 16, 2013
|
|
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...
|
| Con-way prepares for HOS rules despite court challenge |
|
Thursday, May 16, 2013
|
|
With the impending deadline for the Federal Motor Carrier Service Administration’s new hours-of-service regulations less than two months away, the outcome of the American Trucking Association’s legal challenge against the rule is still not clear. The ATA argued against the HOS change before a three-judge panel in Washington, D.C., on March 15, but unless a ruling comes down before July 1, carriers will nonetheless have to comply with the new law before knowing if it will be str...
|
| U.S. exports to Colombia up 20% with FTA |
|
Thursday, May 16, 2013
|
|
The White House on Wednesday welcomed growing exports for U.S. businesses, farmers, and ranchers on the first anniversary of the entry into force of the U.S.-Colombia trade agreement. Via the U.S.-Colombia free trade agreement, U.S. manufacturers have substantially increased their exports to the South American country. In specific, U.S. exports of transportation equipment, petroleum and coal products, processed food, and computer and electronic products have risen t...
|
| Hapag-Lloyd announces change in GS1 Service |
|
Thursday, May 16, 2013
|
|
Hapag-Lloyd said the rotation of the U.S. Gulf - South America East Coast Loop 1 (GS1) service is being revised. Starting with the voyage of the ship Suape Express (1316N), the GS1 will replace the northbound call of Caucedo, Dominican Republic with Cartagena, Colombia. The first call in Cartagena will be on June 10. The southbound call of Caucedo will continue. The revised GS1 port rotation will be Veracruz, Altamira, Houston, New Orleans, Cauced...
|
| Bayonne Bridge fix can move forward |
|
Thursday, May 16, 2013
|
|
The Coast Guard has completed an environmental assessment of a plan by the Port Authority of New York and New Jersey to increase the clearance or "air draft" beneath the Bayonne Bridge from 151 feet to 215 feet and found no significant impact, meaning a permit can be issued so work can begin on the project. Raising the roadway will allow larger container vessels to traverse the Kill Van Kull to reach terminals in Newark and Elizabeth, N.J. More big ships are expected to ca...
|
| Senate approves water infrastructure bill |
|
Thursday, May 16, 2013
|
|
The U.S. Senate on Thursday passed a Water Resources Development Act reauthorization bill by a vote of 83 to 14 that sets the stage for Congress to appropriate money for the U.S. Army Corps of Engineers to spend on maintenance of harbors and inland waterways, and for deepening and other water-related projects. Congress has not passed a WRDA law since 2007, which has put a freeze on new projects that industry groups insist are necessary to maintain efficient commerce and trade.&...
|
| Alabama port authority's Sheppard, 61, dead |
|
Thursday, May 16, 2013
|
|
Mark Ivey Sheppard, vice president for trade and development for the Alabama State Port Authority, died Tuesday at his home following a brief illness. He was 61 years old. "Mark Sheppard’s sudden passing comes as a deep shock to our maritime and international trade community," said James K. Lyons, director and chief executive officer. "We are deeply saddened by Mark’s passing. He was a key member of our team and a good friend." Recruited by the port authority in Feb...
|
| April ice slowed limestone trade |
|
Thursday, May 16, 2013
|
|
Heavy ice cover on the Great Lakes that stretched well into April slowed resumption of the region's limestone trade, according to the Lake Carriers’ Association. Shipments totaled only 1.8 million tons, a decrease of 28 percent compared to a year ago. Loadings are 21 percent off the month’s 5-year average. Shipments from U.S. ports totaled 1.6 million tons, a decrease of 24 percent compared to a year ago, while loadings at Canadian quarries totaled 247,670 tons...
|
| Executive moves |
|
Thursday, May 16, 2013
|
|
C.R. England, one of North America's largest trucking companies, has appointed Sam Scott and Tracy Brown as new division presidents. Scott has become president of the National and Regional Divisions, and Brown will assume the role of president of the Dedicated Division. Scott has been with C.R. England since 2003, serving in various capacities at the manager, director and vice president levels in the company. In his most recent position, first as director, then vice...
|
| FMC reviews 13 OTI license applications |
|
Thursday, May 16, 2013
|
|
The U.S. Federal Maritime Commission has received 13 ocean transportation intermediary license applications and changes for review. The FMC received non-vessel-operating common carrier license applications from Feiliks Global Logistics Corp., Jamaica, N.Y. (Ami K. Wey, president); Hye Mi Express U.S.A., Torrance, Calif. (Kil Soo "Ben" Hur, president); and Sea Marine Transport, Huixquilucan, Mexico (Moises L. Sarabia, president). The agency also received an NVO...
|
| U.S., South American corn producers form alliance |
|
Thursday, May 16, 2013
|
|
The U.S. Grains Council (USGC), along with the National Corn Growers Association (NCGA), MAIZAR, representing Argentinian producers and the maize supply chain, and ABRAMILHO (Brazilian Association of Corn Producers) signed a memorandum of understanding this week to form an alliance of North and South American corn producers to collaborate to address key issues concerning food security, biotechnology, stewardship, trade and producer image. The organizations will operate under th...
|
| NTSB: Reduce legal limit to hinder drunk truck drivers |
|
Wednesday, May 15, 2013
|
|
After a year-long review of substance-impaired driving in the trucking industry, the National Transportation Safety Board has issued recommendations for reducing the legal alcohol driving limit; ramping up the use of interlock devices; and beefing up penalties for non-compliance. According to a NTSB report, the new legal blood-alcohol limit for drivers should drop from .08 to .05. While the American Trucking Associations commended the progress on these measure...
|
| VPA box growth continues in April |
|
Wednesday, May 15, 2013
|
|
The upward trend in cargo volumes at the Port of Virginia continued as the number of TEUs handled in April grew 5.7 percent when compared with the same month last year. In April, the port handled 179,370 TEUs, an increase of 9,726 units compared with April 2012. Export TEUs tallied 96,261 and import TEUs were 83,109, an increase of 6.1 and 5.3 percent, respectively. Year-to-date TEU volume is up 6.1 percent, an increase of almost 40,000 TEUs. Rail containers in Apr...
|
| FedEx Trade Networks breaks ground on NY facility |
|
Wednesday, May 15, 2013
|
|
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. ...
|
| U.S. civil nuclear trade mission to China, Vietnam |
|
Wednesday, May 15, 2013
|
|
Undersecretary of Commerce for International Trade Francisco Sánchez will lead a civil nuclear trade policy mission to Vietnam and China, May 17-23. Representatives from 18 companies, law firms, and industry associations will join U.S. government officials on the mission, which will make stops in Hanoi, Vietnam; and Beijing and Ningbo, China. Sánchez “Vietnam and China are both steadily expanding their nuclear power programs, which presents abundant opportunities fo...
|
| Port of Montreal open to post-Panamax ships |
|
Wednesday, May 15, 2013
|
|
The Montreal Port Authority said the Canadian Coast Guard has authorized the passage of vessels up to 44 meters wide in the Quebec-Montreal section of the St. Lawrence navigation channel, which will allow post-Panamax vessels carrying 6,000 TEUs to reach Montreal. Previously, the maximum width of ships allowed to travel in the channel without restrictions was 32.1 meters. The change follows a study commissioned by the port authority and conducted jointly with the C...
|
| Yusen Logistics opening new Chicago warehouse |
|
Wednesday, May 15, 2013
|
|
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...
|
| Carloads up 7% for Genesee & Wyoming in April |
|
Wednesday, May 15, 2013
|
|
Last month, Genesee & Wyoming’s consolidated carloads increased by 7.3 percent, year over year, to 157,700, with the company’s North American activity increasing by 6.4 percent. Analysts at BB&T Capital Markets have anticipated a second-quarter carload result of around 472,000, an estimate which they now consider to be on the conservative side. G&W’s best cargo during April came in the form of petroleum products, which shot up 69.9 percent, year o...
|
| Weiss-Rohlig relocates NA headquarters |
|
Wednesday, May 15, 2013
|
|
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
|
| Executive moves |
|
Wednesday, May 15, 2013
|
|
NYK Line (North America) has appointed Greg Meisenheimer to vice president of North America sales. He started his career at NYK Line (North America) in 1990 as sales manager for Western region sales in the Los Angeles office. He progressed through various management roles until 2002 when he relocated to Hong Kong as NYK’s international sales manager. Upon returning to the Secaucus, N.J. headquarters in 2009, he became director of corporate sales and then senior director of sales...
|
| Long Beach issues revised EIR for grain transload facility |
|
Tuesday, May 14, 2013
|
|
The Port of Long Beach is recirculating a draft environmental impact statement for a proposed grain export facility at Pier T on Terminal Island. The public is being encouraged to comment on the EIR in writing or at a public hearing scheduled for June 5. The grain transload facility proposed by Total Terminals International would receive railcars with 53-foot domestic containers full of grain and dried distillers grain with solubles, a byproduct of ethanol pro...
|
| STB pushes arbitration with new rule |
|
Tuesday, May 14, 2013
|
|
The U.S. Surface Transportation Board has adopted a new arbitration program for disputes between shippers and railroads with clear liability limits. Effective June 12, the rule change establishes when the parties would be ordered to participate in mediation. Initially, Class I and II railroads were to be automatically enrolled in the arbitration program unless they specifically opted out of the program by application to the board. Class III rail...
|
| U.S. import, export pricing fell in April |
|
Tuesday, May 14, 2013
|
|
After a 0.2-percent decrease in March, U.S. import prices continued to fall, declining by 0.5 percent in April, according to the U.S. Bureau of Labor Statistics. Export pricing also continued to decrease, falling by 0.7 percent in April after a 0.5-percent decrease a month earlier. While consumer good imports rose by 0.3-percent in April, price drops on other non-fuel imports pushed the overall result to a 0.2-percent decline. Over the past year, nonfuel imports ha...
|
| Washington Notebook: British leader discusses trade deal with Obama |
|
Tuesday, May 14, 2013
|
|
Preparations for upcoming negotiations between the United States and European Union on a transatlantic free trade and investment agreement were on the agenda Monday when U.K. Prime Minister David Cameron visited the White House. The United States and European Union enjoy the world's largest economic relationship, accounting for a third of total goods and services trade, and half of world output. Trade supports 13 million jobs on both sides of the Atlantic. Each day an ...
|
| Box ship sets depth mark in Virginia |
|
Tuesday, May 14, 2013
|
|
The Port of Virginia set a record Saturday for handling the heaviest containership on the U.S. East Coast when the MSC Chicago sailed through the 50-foot channel with export cargo at a draft of 49 feet, according to the port authority. Export cargo often consists of grains, waste paper, machinery and other heavy products that typically weigh more than imports of consumer goods, making it difficult for ocean carriers to fully load vessels with full containers in many ports....
|
| Matsuda stepping down at MarAd |
|
Tuesday, May 14, 2013
|
|
Matsuda David T. Matsuda, head of the Maritime Administration, plans to leave the agency at the end of the month. In a memorandum sent to industry leaders to thank them for their assistance during his tenure, Matsuda said he "recently made the difficult decision to move on from my position at the Maritime Administration later this month." He added: "Taking the helm as acting administrator will be Deputy Administrator Chip Jaenichen. He and the rest of our team are ...
|
| Old Dominion predicts 5% tonnage growth in 2Q |
|
Tuesday, May 14, 2013
|
|
Old Dominion Freight Line expects daily tonnage to grow by 4.5 percent to 5 percent, year over year, during the second quarter, an affirmation of previous predictions. Revenue per hundredweight, excluding fuel surcharges, should rise by between 1.5 percent and 2 percent in the same time period, the less-than-truckload carrier said. In the first quarter, Old Dominion saw total tonnage rise by 3.5 percent to 1,717 tons on 1.6-percent fewer working days. Revenue per h...
|
| Teamsters call YRC's proposed acquisition 'unconscionable' |
|
Monday, May 13, 2013
|
|
YRC's proposal to acquire ABF in the middle of union negotiations is "unconscionable," according to James P. Hoffa, general president of the International Brotherhood of Teamsters. The two parties reached a tentative, five-year contract agreement earlier this month after negotiating since early January, but no firm details of the contract have been officially released. According to the Teamsters for a Democratic Union, ABF was looking for a 6.5-percent wage cut and reductions i...
|
| SeaIntel: Some Asia-Europe rates have turned negative |
|
Monday, May 13, 2013
|
|
SeaIntel Maritime Analysis says some carriers appear to be moving freight in the Asia-Europe trade lane at below the price of fuel. In the most recent issue of its SeaIntel Sunday Spotlight newsletter, the company says it calculated the average bunker adjustment factor for the trade by averaging those of the top 15 carriers. "When subtracting the BAF, which is there to compensate for the fuel costs, the base rate according to the Shanghai Container Freight Index dr...
|
| Port of Seattle names Beckett deputy CEO |
|
Monday, May 13, 2013
|
|
The Port of Seattle promoted Kurt Beckett to deputy chief executive officer with primary responsibility for port infrastructure development and internal operations. The move will allow Tay Yoshitani, the port’s CEO, to focus on business development, attracting new shipping lines and air services to Seattle, and advancing policy issues central to the port’s competitiveness. “We’re facing stiff competition from ports throughout North America,” Yoshitani said in a sta...
|
| Congressman calls TWIC cards 'farcical' |
|
Monday, May 13, 2013
|
|
Transportation Worker Identification Credentials, or TWIC cards, were described as a “joke” during hearings before the U.S. House of Representative’s Oversight and Government Reform Subcommittee last week. The hearings came as the Government Accountability Office issued a report that said 11 years after initiation of the program the Department of Homeland Security “has not demonstrated how, if at all, TWIC will improve maritime security.” G...
|
| CaroTrans starts Baltic/CIS service from New York |
|
Monday, May 13, 2013
|
|
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...
|
| FAA confirms budget fix ends furloughs |
|
Monday, May 13, 2013
|
|
The U.S. Department of Transportation made it official Friday that the Federal Aviation Administration will not furlough air traffic controllers or close 149 low-activity control towers at small airports to meet new budget requirements following recent congressional action. The Reducing Flight Delays Act allowed the FAA flexibility to move money from its Airport Improvement Program to the personnel account to cover $637 million in planned cuts that would have required cont...
|
| Air Canada, Airbus form biofuels partnership |
|
Monday, May 13, 2013
|
|
Airbus, Air Canada and BioFuelNet Canada have formed a partnership to look into the long-term production of biofuels for Air Canada, with the first assessment due by the end of the year. The group is tasked with studying the different biofuels materials and processes, measuring the overall success of each method, and exploring any emerging technologies in the field. Air Canada has previously operated two flights fueled by a blend of jet fuel and biomass. The first, ...
|
| Norfolk Southern shuffles senior management |
|
Monday, May 13, 2013
|
|
Charles "Wick" Moorman will give up his duties as president of Norfolk Southern Corp. to James Squires, who has been promoted from vice president administration, effective June 1, the company announced Friday along with a series of changes at the vice presidential level. Moorman will remain chairman and chief executive officer of the Norfolk, Va.-based Class I freight railroad. In his new role, Squires will be responsible for the company's administration, fina...
|
| Virginia port poised to support offshore wind projects |
|
Monday, May 13, 2013
|
|
Maritime industry officials in Virginia remain actively involved in efforts to promote the development of offshore wind farms and say the Port of Virginia represents an ideal staging area for the massive equipment and infrastructure necessary to produce energy from wind. The port has lay-down space for wind towers, blades, cable and other hardware and equipment at its 285-acre Portsmouth Marine Terminal, which recently was converted to a breakbulk and roll-on/roll-off cargo...
|
| Study says logistics firms suffer from high pricing pressure |
|
Monday, May 13, 2013
|
|
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...
|
| ANA to resume Seattle service |
|
Monday, May 13, 2013
|
|
All Nippon Airlines will resume regular, nonstop Boeing 777-300ER flights from Tokyo Narita to Seattle-Tacoma International Airport on June 1. The carrier will reintroduce Boeing 787s to the route starting in September. ANA had been flying the Tokyo-Seattle route using 787s since October, but took the 787 out of service when the Federal Aviation Administration grounded the planes in January due to battery issues. ANA halted services to Seattle altogether in March.&...
|
| Port of Virginia reforms moving quickly, officials say |
|
Friday, May 10, 2013
|
|
The Virginia Port Authority has an aggressive timetable for making structural changes designed to improve the competitiveness of the Port of Virginia and justify the recent rejection of private bids offering guaranteed income to operate the port for up to 48 years, officials said at Thursday's Virginia Maritime Association conference in Norfolk. The VPA Board of Commissioners expects to announce how it will reorganize the VPA and Virginia International Terminals (VIT), the...
|
| Crowley enters LNG market |
|
Friday, May 10, 2013
|
|
Crowley Maritime said its petroleum services group is entering the liquefied natural gas (LNG) market by acquiring Carib Energy, a Coral Springs, Fla.-based company that was founded in 2011 to export LNG to industrial facilities in the Caribbean and Latin America. Carib Energy plans to export LNG in 40-foot tank containers, which it says allows it to serve markets that do not justify or cannot receive large tanker ships of LNG. Crowley said its acquisition is ...
|
| UPS adds winglets to 767 fleet |
|
Friday, May 10, 2013
|
|
UPS will add winglets to its 54-plane Boeing 767 fleet, including the five 767s currently on order, by the end of 2014. The integrator has already installed winglets on its 747s and MD-11s; UPS’ Airbus A300-600s have similar devices attached to their wings. The move will save each plane 4 percent of its current fuel expenditure by reducing drag during flight. The winglets also reduce noise emissions and improve performance during take off, according to a compa...
|
| YRC keeps ABF in its acquisition sight |
|
Friday, May 10, 2013
|
|
Earlier this year, YRC approach Arkansas Best about the possibility of a acquiring ABF Freight System, according to a recently released U.S. Securities and Exchange Commission filing , but was turned down by the smaller less-than-containerload carrier. After receiving the proposal, details of which have not been disclosed, ABF officials told the other carrier “that considering a proposal was not appropriate at that time” due to ongoing labor negotiations, accordi...
|
| IAS plans expansion |
|
Friday, May 10, 2013
|
|
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 ...
|
| Ex-Im Bank loan for Brazilian airline maintenance |
|
Friday, May 10, 2013
|
|
The U.S. Export-Import Bank approved a final commitment for a $45.5 million loan guarantee to VRG Linhas Aereas S.A. (GOL), a Brazilian airline. The financing will support the export of engine maintenance services by Delta TechOps (Delta), a subsidiary of Delta Airlines. This transaction will support about 400 jobs, according to Ex-Im Bank. GOL engines will be shipped from São Paulo, Brazil, to Atlanta for heavy maintenance to be performed by Delta’s maintenance, r...
|
| USDA proposes Malaysian fruit import rule |
|
Friday, May 10, 2013
|
|
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service has proposed to amend its rules to allow the import of fresh jackfruit, pineapple, and starfruit from Malaysia into the continental United States. As a condition of entry, all three commodities would have to be irradiated for insect pests, inspected, and imported in commercial consignments. There would also be additional, commodity-specific requirements for other pests associated with jackfruit, pin...
|
|
|