Germany: fewer goods hauled by train The German statistical office Destatis reported that a total of 89.7 million t of goods were hauled as railfreight in Q1/2012. This equates to 2.7% less than in the like-for-like q...
Greenmodal Transport providing door-to-door services France's first tri-modal operator, Greenmodal Transport, has been set up to provide a door-to-door service by barge or rail with the "last kilometre" by truck. The object...
European losses deepening says Iata's revised industry outlook for 2012 The International Air Transport Association (Iata) has released its revised industry outlook for 2012. Global industry profits are expected to be USD 3 billion, unchanged from the ...
Heavy load took off with a Volga-Dnepr Ilyushin Germany's Leipzig/Halle airport has once again managed to handle a heavy-duty loading operation. A 23.5 t road construction vehicle, measuring 8.95 m x 2.95 m 2.60 m, was loaded on...
Brussels Airport starts project for tracking air freight in real time Brussels airport is starting a 15 month project on GPRS in air freight. The project will be headed by the Flemish Institute for Logistics (Vlaams Instituut voor Logistiek - VIL ). ...
30 candles for IDS general cargo alliance Germany's first general cargo alliance is about to celebrate its 30th anniversary. In summer 1982 eleven medium-sized forwarders in Hamburg established the alliance "Interesse...
AAE special railcars carry 4 m high trailers through Channel tunnel The railfreight operator Europorte Channel and the global logistics service provider Ewals Intermodal carried out tests for transporting mega trailers with a 4 m corner height thro...
Sea France ferries sold to Eurotunnel A commercial court in Paris has selected Eurotunnel's bid to acquire the three ferries (the "Berlioz, Rodin" and "Nord Pas de Calais") that were owned by SNCF's collapsed cross-Cha...
Bigger management team for cargo at Brussels airport The new and bigger management team at Brussels airport is getting established. After the promotion of Steven Polmans to head of cargo, three new positions have been filled at Bruca...
Markku Mylly appointed executive director of the EMSA On 8 June 2012, Markku Mylly, CEO of the Finnish port association and former director general of the Finnish maritime administration, was appointed the new executive director of th...
Hermes opens 500 parcel shops in Great Britain Hermes, a global CEP and logistics company headquartered in Germany, officially inaugurated 500 parcel shops in 25 large cities in Great Britain in mid June. According to statement...
Record sales for Hüttemann in 2011 The Duisburg (Germany)-based transport and logistics group Huettemann ended the last financial year with a new record turnover. The service provider's consolidated sales totalled E...
BDP expands capabilities in UK with project logistics BDP International, a leading USA-based global logistics and transportation management firm, now offers customized logistics solutions that support construction, mining, power gener...
Wind farm pioneer BARD faces break-up GERMAN offshore wind farm developer and shipowner BARD Engineering is expected to be broken up - and sold in bits and pieces by lenders
ICS to push green button at Rio summit SHIPPING'S green credentials are to be emphasised by the ICS at the UN 'Rio+20' summit on sustainable development
BIMCO: brace for bulker delivery surge BIMCO has lifted its 2012 delivery estimates for drybulk carriers to 101M dwt, from 90M dwt early this year
CMA CGM graded down STANDARD & Poor's today expressed concern about the ability of box liner CMA CGM to deal promptly with liquidity problems - and knocked down the group's credit rating
Suezmax tanker earnings double VLCC takings SUEZMAX earnings were double that of VLCC's in the first five months of 2012 because of a tonnage shortage in key places, according to BIMCO
Lanka approves Trincomalee port scheme A $4Bn PLAN to build a deepwater jetty at Trincomalee's port and set up heavy industries in three phases has been approved in Sri Lanka
Shanghai told: stop talking, start doing TOO MUCH R&D can be wasteful, the Asia Shipping Development Summit in Shanghai was warned today
Yangzijiang might sell FreeSeas ships YANGZIJIANG executive chairman Ren Yuanlin told Fairplay today that his yard might sell two 33,800dwt bulkers ordered in 2010 by FreeSeas, after it defaulted on instalments totaling almost $7.4M in February and April
Capesizes crash below Handysize equivalent SPOT RATES for Capesize drybulkers have extended their losing streak on higher-than =-anticipated deliveries of newbuildings, according to sector analysts
Courage shrinks fleet again SINGAPORE-listed Taiwanese bulker owner Courage Marine has shrunk its fleet further with the disposal of Panamax bulker Courage
US Intermodal Volume Up 15.2 Percent From Prior Week Intermodal shipments on major U.S. railroads in the week ending June 9 rose 3.8 percent year-over-year and jumped 15.2 percent...
Long Beach Container Volumes Down in May Container volumes at the Port of Long Beach declined 7.23 percent in May compared to May 2011, with imports dropping...
OOCL Shuffles Management Responsibilities OOCL announced three changes in its management team on Thursday. Michael Kwok is being promoted to chief operating officer,...
Container Volumes Rise at Port of Los Angeles Container volumes at the Port of Los Angeles inched up in May along seasonal trends. Imports increased 2.7 percent compared...
Arkansas Best Buys Panther Expedited for $180 Million Arkansas Best, parent of less-than-truckload operator ABF Freight System, is acquiring non-asset carrier Panther Expedited Services for $180 million. ...
Congress Wants DHS to Consider All-Cargo Air Carrier Screening The investigative arm of Congress wants the Department of Homeland of Security to determine the costs and benefits of requiring...
US Steel Exports Rose 13.6 Percent in April U.S. steel exports in April rose 13.6 percent year-over-year but posted their third consecutive month-to-month decline, government statistics show. ...
Asia-Europe Spot Rates Slide for Sixth Week Average spot rates on the Asia-Europe trade slipped slightly this week for the sixth week in a row, reflecting the...
Congress Running Out of Time to Pass Transport Bill (Video) With only several weeks left for Congress to hash out a surface transportation bill, Senate Democrats urged House Republicans to...
Idle Container Fleet Drops 47 Percent The idle container fleet has dropped by 47 percent in the last three months as freight rates continue to increase,...
Bulgaria Seeks Buyer for State Rail Freight Operator Bulgaria has issued a tender for the sale of the state-owned railway company BDZ's cargo operation. BDZ hopes to...
India's Trade Deficit Narrows India's trade deficit narrowed 12 percent in May, the second month of fiscal 2012-13, but both exports and imports fell...
S&P Downgrades CMA CGM Credit Ratings Standard & Poor's Ratings Services on Thursday lowered its long-term corporate credit rating on CMA CGM's debt to "CCC plus"...
Kuehne+Nagel Launches Singapore Aerospace Logistics Hub Kuehne+Nagel has launched a new customized spare parts logistics hub "solution" for the aerospace industry in Singapore. The new...
APM Terminals Names New Europe Head APM Terminals has named Ben Vree executive chairman of its European operations, which account for 36 percent of the A.P....
Shippers Shift Modes Seeking Savings, Capacity Rising transportation costs and tight truckload capacity are creating more opportunities for intermodal rail in 2012, logistics executives said Wednesday....
PierPass fee forced up by labour cost rise The Pierpass Traffic Mitigation Fee (TMF) fee will increase by 2.5% from August in the ports of Long Beach (LB) and Los Angeles (LA) due to an increase in labour ...
Zim adds Duress to ADX service Zim Line has added the Albanian port of Duress to its weekly Adriatic Express Service (ADX) between Israel and the Adriatic. The service deploys two vessels averaging ...
Chinese exports up, but not to the EU China has been forced to find new markets for its exports in the light of the financial crisis blighting Europe - its biggest trading partner. Indeed, data released ...
Damco scoops double-gong Global third-party logistics provider, Damco, recently took home two awards from the UK, ASDA-owned fresh produce importer, International Produce Ltd [IPL]: Service ...
TOC: Marks and Spencer demands innovation Jason Keegan, head of logistics at UK-based general retailer Marks and Spencer (M&S), wants more from his shipping lines. Addressing the TOC Container Supply ...
Cargotec sets up SmartPort Cargotec, the manufacturer of cargo-handling equipment and provider of software solutions for operating container terminals, has teamed up with a number of leading ...
Tumbling US retail sales pose clear and present danger to rates Ocean carriers' Peak Season Surcharges [PSS] on the transpacific tradelane could come under pressure sooner rather than later as fresh data on US retail ...
Port of Oakland seeking to end impasse with employees
Maersk, Hamburg Sud boost Asia-WCSA connections Maersk, Hamburg Sud, and four other container lines to expand capacity on Asia-WCSA trade by adding vessels, rotating in larger ships, with the rotations of three different services affected by the moves
U.S. logistics costs grew 6.6 percent in 2011
Arkansas Best buying Panther Expedited for $180 million Parent of ABF Freight System purchases expedited logistics specialist Panther in a deal that's dubbed "an excellent strategic fit," with Panther to remain a wholly-owned subsidiary and sister company to ABF
Maersk slows FEW1, raises FEW3 capacity 24%
Vree to head Europe operations of APM Terminals APM Terminals drafts in the head of its key Rotterdam terminals to oversee European region, which accounts for 36 percent of the operator's global volume and 25 percent of its global revenue
CSAV signs loan for last of seven ships
Cathay volume down in May
OOCL promotes Kwok to COO
Liner reliability improves in May Figures from maritime analyst SeaIntel show liner reliability climbed from April to May, most likely due to a settling down of service adjustments and alliance reshuffling by lines on the three main east-west trades
Ryder elects Hilton to board of directors
Chubb, Freightwatch in anti-theft initiative
Rikvin promotes GTP status
U.S. shippers prepare for East Coast port closures Logistics officials say shippers are likely to increase inventory levels early to avert potential U.S. East Coast port disruptions in the event of a strike by ILA workers or a lockout by employers...
Salvage work on Rena ends Officials confirm that Rena is to be left on the reef over winter.
Port of Vancouver to make ECA-related changes Impact of Canadian ECA delay on Vancouver bunker market expected to be limited, broker tells Bunkerworld.
IFO prices soften in Fujairah No IFO in Suez.
Little price movement in European bunker markets Some product tightness in Piraeus.
South Korean refiner to start supplying low sulphur bunkers SK Energy ready to meet demand from vessels heading into North American ECA.
Canada to delay ECA enforcement Vessels will be encouraged to comply from August 1, but officials cannot take enforcement action until Canadian regulations are in place.
Russia's energy taxes under attack Prime Minister says tax regime is 'not what we would have liked.'
Fuel oil stocks little changed Arbitrage volumes set to fall in July.
Asian bunker markets see prices stabilise Supplies of bunker material fine at key Asian ports on Thursday.
Rotterdam launches first cold ironing facility for ocean-going vessel Facility will 'improve air quality considerably', says local port authority.
US Navy loads biofuel for fleet demonstration RIMPAC will be the first demonstration of the US Navy's Great Green Fleet.
Diesel-electric propulsion systems to power new offshore vessels Offshore shipping firm places order for eight platform supply vessels.
VLCC rates fall to 'new lows' Rates 'barely' covering operating costs even as bunker prices decline, says Fearnleys.
Bank of China sets up fuel oil trading desk in Singapore The team will start trading fuel oil in the paper market 'soon', says source.
Bunker tanker owner terminates newbuilding contract Arbitration proceeding to 'claim back' $6.7 million payment made for the vessel, says Yujin's chairman.
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