New president of UPS Asia Pacific The giant US service provider UPS has appointed Brendan Canavan as its new president of the UPS Asia Pacific Region with responsibility for more than 40 countries and territories t...
Meyer & Meyer names new managing directors The fashion logistics specialist Meyer & Meyer, based in Osnabruck (Germany), has appointed Uwe Hasselberg and Uwe Schildheuer as its new managing directors. Schildheuer became...
Kombiverkehr says truck consignments to Lyons can now switch to rail in Cologne The German intermodal service provider Kombiverkehr has announced that shipments to/from France can now switch between road and rail in Cologne (Germany). From 11 June, Kombiverkeh...
OECD Countries spend an average of 1% of GDP on road and rail infrastructure Investment in inland transport infrastructure in the last 15 years has remained constant at 0.8% of GDP for the OECD states (excluding Japan), and the volume of investment has grow...
MAN sold 25,000 trucks in Middle East The German vehicle manufacturer MAN Truck and Bus Group has sold over 25,000 trucks in the Middle East since it opened its regional headquarters in Dubai (UAE) in 2006. In the...
DPD scoops up Hungary-based GTR Logistics Kft The CEP service provider DPD recently acquired 100% of the Hungarian company GTR Logistics Kft. This move further reinforces DPD's market position in Hungary. GTR has been active i...
Ceva Logistics completes buyout of Ceva Ground in China The SCM and logistics service provider Ceva Logistics has completed the buyout of the road service provider Ceva Ground in China, transforming the former joint venture into a wholl...
Award hattrick for Hapag-Lloyd in the USA Hapag-Lloyd America was honoured three times over in recent weeks when the shipping company was presented with the Alcoa «Ocean Carrier Award», Eastman «Excellence Award» and «PPG ...
Tallman Truck Centre Ltd acquires assets of Western Toronto International Trucks Canada-based Tallman Truck Centre has completed the acquisition of the assets of Western Toronto International Trucks Inc. The new entity's legal name will be Tallman Truck Centre ...
Mainfreight opens new air and sea branch in Le Havre As from today (11 Jun), a new branch of Mainfreight, a global supply chain logistics company with teams and branches across Australia, Asia, ...
Neo alternative saves the day and the budget Neo Air Charter - the founder and German member of the Global Charter Alliance (see ITJ Daily of 18 April 2012) - has handled the urgent transportation of two giant track rollers f...
Finnair with much more cargo in May The Scandinavian carrier Finnair reported that its May cargo traffic measured in available tonne kilometres grew by 18.1% and the revenue tonne kilometres rose by15.8% compared to ...
Change of generation at Leipzig-based Krause Transporte Susann Quast and limited partner Nico Sperlich have taken over the management of Leipzig (Germany)-based Krause-Transporte KG. The former owner and managing director, Heinz Quast, ...
Hoegh Lines concentrating on Maputo Hoegh Lines has structured all its inbound Africa deep sea trades to converge into Maputo. A similar arrival window allows for transhipment to the carrier's newly establi...
India reported to halt Iran's crude INDIA'S government-owned refiners will reportedly halt planned oil imports of 173,000 barrels per day from Iran when EU sanctions take effect in July
Asia/Europe box rate slip gets even worse ASIA-Europe rates are continuing their fall, with the World Container and Shanghai Containerised Freight indices both registering drops
SMM-Swiber JV awarded $175M offshore project SINGAPORE'S SMM told Fairplay today that the group and partner Swiber Holdings have been awarded $175M in Indonesian offshore schemes
Lower oil prices seen sparking VLCC rate fall BROKERS expect VLCC rates to weaken this week, with lower oil prices and the resulting cheaper bunkers encouraging charterers to seek discounts
B+H seeks contempt orders JP MORGAN Chase and Turkey's Gemak Shipbuilding have been accused by B+H Ocean Carriers of willfully violating the Chapter 11 automatic stay
Penguin sets up subsidiary in Malaysia SINGAPORE's Penguin International said it has set up a 49%-owned subsidiary in Labuan, Malaysia
China's iron ore imports recovered in May CHINA's iron ore imports rebounded in May, after sinking to a six-month low in April, customs data indicated today
Recovery seen delayed for box shipping CAPACITY oversupply will delay box shipping's return to good health until at least 2014, a ratings agency has warned
Avance grabs more VLGCs AVANCE Gas has snapped up another two very large gas carriers, after buying two VLGCs from Maran Gas two weeks ago
Seven tankers reported seized CREDIT Suisse and Chinese banks were reported today to have seized seven of Dongfang Shipbuilding's tankers because of outstanding debts of about $250M
Seafarers finally returned to Morocco AFTER a five-month occupation of three Comanav-Comarit ships, 147 seafarers have returned to Morocco from the French port of Sète
GSI warns of losses Guangzhou Shipyard International today said it would pay no dividends or new bonuses because it expects losses this year
China sets monthly crude import record CHINA'S monthly crude imports hit a record high in May, when the country imported 25.48M tonnes, or 6.03M barrels per day
Chevron terminating charter IT's VLCC THE US-listed VLCC and Suezmax owner Independent Tankers said the bareboat charter for the VLCC Phoenix Voyager is being terminated by Chevron Transport
Stockpiles hit shipbreaking STOCKPILING of scrap steel in major ship recycling nations means it could be some time before end-buyers resume their purchasing appetite
Allied Systems Holdings Files Chapter 11 Allied Systems Holdings filed for Chapter 11 bankruptcy protection from creditors June 10, saying it would keep its auto-hauling trucks...
Diesel Prices Hit Nine-Month Low Diesel prices in the U.S. hit the lowest point since October, falling 6.5 cents in the week ending June 11...
US Rail on Strong Track As Economy Slows The U.S. rail shippers don't appear to heeding the warnings of a national economic slowdown. Intermodal volume in May...
FMCSA Shuts Down Wisconsin Trucker Federal regulators shut down Wisconsin trucker WTSA US Express, the seventh motor carrier ordered off the road for safety violations...
Schneider National, CSX Expand Partnership Schneider National and CSX Transportation have expanded their multiyear contract to allow the truckload giant to provide intermodal service at...
IATA Sticks to 2012 Airline Profit Forecast The International Air Transport Association maintained its $3 billion global airline profit forecast for 2012 as oil prices fall, passenger...
FMC Relaxes Rules for NVO Agreements The Federal Maritime Commission voted to ease technical requirements for non-vessel-operating common carriers' filing of negotiated rate agreements. The...
VW Said to Be Eyeing Navistar Stake Volkswagen, the German auto and commercial vehicle manufacturer, is mulling the purchase of a stake in U.S. truck maker Navistar...
APM Terminals Orders Automated Cranes for Maasvlakte II APM Terminals has ordered 26 automated rail-mounted gantry cranes and two rail cranes from Austrian manufacturer Kuenz for APMT's Rotterdam...
India's Container Volume Down 1.71 Percent The volume of containers handled by major ports in India fell 1.71 percent year-over-year in the first two months of...
Geodis Wilson Opens Logistics Center in Vietnam Geodis Wilson has opened a new logistics center in southern Vietnam to meet rising demand. The 8,500-square-foot facility is...
Race Tightens for US Container Trade's Triple Crown The race is getting tighter for the U.S. container trade triple crown as the leading carrier in imports, exports and...
Commentary: Absent Authority, Is Rebrokering Illegal? Q: I read a few months back about your opinion regarding carriers rebrokering shippers' freight to other carriers. I'm not...
Rails Tracking Growth in NAFTA Trade Shippers are increasingly turning to railroads instead of trucks to tap the booming surface trade between the U.S. and its...
Old, Used Trucks Are Not Cheap Could "used-truck salesman" be one of the best jobs in trucking? Follow the money. "It's a great time to be...
Eastern US Rails Poised for Growth on Either Coast Major eastern U.S. railroads stand to gain whether or not the Panama Canal expansion brings more freight to the ports...
3PLs Ride a Bull Market Even in a slow economy, third-party logistics is a growth industry. U.S. 3PLs' gross revenue rose 5.2 percent last year,...
Transportation Rivals Take Diverse Roads to Expand While UPS made a splash with its move to buy TNT Express earlier this year, FedEx appears to be forging...
Natural Gas Changing Transportation Industry In the current season of the AMC hit series "Mad Men," protagonist Don Draper heads to a Rolling Stones concert...
Indiana Toll Road: Deal of (Almost) a Century? Indiana Gov. Mitch Daniels is a hero to advocates of public-private partnerships for successfully negotiating a $3.8 billion deal to...
Privatized Toll Roads Under Fire The idea of using public-private partnerships to build or maintain toll highways and bridges may not be as popular as...
ILWU Work Force Expands With Introduction of Technology The words "technology" and "automation" are troubling to longshoremen because they signal a loss of job opportunities. But the landmark...
Dockworkers, Employers Face Off in ILA Talks Negotiations on a new International Longshoremen's Association contract for East and Gulf Coast dockworkers have taken a negative turn, confronting...
Maersk continues to upgrade Asia/Mediterranean services
China's solar firms shift production to Taiwan To avoid new punitive anti-dumping duties of 31-250% on Chinese-manufactured solar panels by the US government, some solar firms have shifted production to Taiwan, ...
Transpac rates soar as PSS kicks in Transpacific spot rates surged massively at the end of last week on the back of the Transpacific Stabilisation Association's (TSA) Peak Season Surcharge (PSS), ...
'Mother ship' released by pirates A Greek-owned chemical tanker that was seized by Somali pirates in October of last year, and then reportedly deployed by the gangs as a mother ship base for launching ...
Markets 'like' Spanish bank bail-out A de-facto bail-out for Spain at the weekend, in the form of a EUR100 (USD126) billion capital injection into its stricken banking system, appears to have been ...
Wilhelmshaven delayed It has been confirmed that the opening of Germany's prestigious new deep-water container terminal in Wilhelmshaven has been delayed. Structural damage caused by ...
Fitch senses a turnaround situation...but Fitch Ratings, the credit ratings agency group, believes that the container shipping sector could be at the early point of a recovery.Pointing to the latest results ...
U.S. exports down 0.8% in April U.S. exports in April were down 0.8 percent from March to $182.9 billion, while year-to-date through the first four months of 2012 they were up 6 percent or $41.4 billion from the same period of 2011 to reach $725.8 billion.
Commerce secretary investigated for hit-and-run The San Gabriel, Calif., accident on Saturday is being investigated as a felony hit-and-run. There were no serious injuries in either accident, but individuals in both cars complained of pain. Bryson was not injured.
On-time containers lag on-time vessel arrivals Using container status message data from SeaIntel's new partner INTTRA, the maritime consultancy found that 64.7 percent of containers are delivered on time year-to-date, as measured against the date stated on the booking acceptance.
Choice launches new TMS
APMT orders 28 cranes for Rotterdam "These ARMGs will be the high performance workhorses of the terminal - capable of supporting the scale of container stack activity associated with multiple large containerships in port," said Frank Tazelaar, managing director of APMT's Maasvlakte II.
Maersk slows WAF13, adds Conakry
Matson refinances in advance of spin-off
CaroTrans' U.S. export LCL service to Colombia
OOCL parent releases first sustainability index
Al Madina invests in national distribution network
Fujairah sees double-digit gains Prices for key grade 380 centistokes rise by almost $19 pmt.
Increasein scrubber demand 'next year' 'It's a market worth billions and we count on taking the leading position,' says Alfa Laval.
Bunker prices climbing in European ports Quiet market in Hamburg.
Officials claim resolution in Novorossiysk bunker dispute Anti-monopoly Service says 'voluntary elimination' of abuse means legal proceedings can end.
Shipping company to adopt slow steaming as standard 'This will help us save a lot on bunker costs,' says chairman of SCI.
IBIA looks for new Chief Executive Seeks full time Chief Executive to take over from Trevor Harrison, who stepped in on an interim and part-time basis.
Bunker fuel leaking from US army vessel One damaged fuel tank is now 'completely empty'.
WFS's chief accounting officer resigns Paul M. Nobel to leave WFS effective June 29, 2012.
Asian markets firming on Monday Good supplies of product in Asian ports.
South Korea bunker output to remain stable in June Refiners expected to produce between 660,000-690,000 mt of bunker fuels in June.
Energy efficiency 'key differentiator' for shipping Shipping firms should use energy efficiency strategy 'for effective positioning' in market, says GL Group.
Shell to cease refining operations of Australian refinery Clyde Refinery and Gore Bay Terminal in Sydney to be converted into a fuel import facility before mid-2013.
Port authority clarifies 2015 deadline for single-hull phase out The deadline affects single-hull oil tankers of 5,000 dwt vessels and above, says Singapore's port authority.
Optimum speed calculation 'couldn't be more relevant' Need for 'a spirit of collaboration between owners and charterers'.
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