The 10,000th MAN TGX EfficientLine rolls off production line in Munich The German commercial vehicle manufacturer MAN recently celebrated the production of the 10,000th TGX EfficientLine unit. The energy-efficient truck, which was specially designed f...
Alltruck in UK expands fleet Alltruck an East Midlands (UK)-based contract hire, truck rental, fleet management, workshop service and maintenance specialist, has expanded its rental fleet with twelve Iveco Str...
BLS to save CHF 50 million by 2015 The private Swiss railway BLS wants to cut its costs by CHF 50 million between 2013 and 2015. CHF 10 million is to be saved in 2013, followed by CHF 20 million in each of the follo...
Transnet South Africa carried 10.4% more freight Transnet South Africa hauled an unprecedented 201 million t of freight in financial year 2011-2012 (ended March 2012), a 10.4% increase compared to the previous year, and the highe...
HHLA container terminal Altenwerder (CTA) to combine loading and discharging The port of Hamburg's highly automated HHLA Container Terminal Altenwerder (CTA) is set to introduce a combined ship loading and discharging system. By the end of the year CTA will...
Virginie Colombier is Hoyer's new sales manager in France Hoyer Deep Sea, part of the German Hoyer Group, has selected Virginie Colombier as its new area sales manager in France. Together with Manuel Piot, she will be jointly responsible ...
Itella's new CEO wants to expand internationally Finland's Itella Group has appointed Heikki Malinen to be its next president and CEO. Malinen, who has been CEO of the consultancy Pöyry, UPM Kymmene's North America president and ...
Additional managing director for TFG Transfracht The management of the German hinterland transport service provider TFG Transfracht is being reorganised after the transfer of all the company's shares to Deutsche Bahn became legal...
Emirates celebrates 20 years' service in Switzerland This month (August), the Dubai (UAE)-based Emirates, one of the world's fastest growing airlines, is celebrating the 20th anniversary of its connections from Switzerland. At presen...
Kuehne + Nagel chosen as integrated logistics service provider for Lexmark in Europe Lexmark International Inc, a leading developer, manufacturer and supplier of printing and imaging solutions, has awarded Kuehne + Nagel, the Schindellegi (Switzerland)-based servic...
DB Schenker Logistics moved heavylift consignments safely overnight Over the last few nights, a team of specialists from the German service provider DB Schenker Logistics conveyed four heavylift consignments from the inland port of Dortmund to a fi...
Hermes UK opens two parcel depots in southeast England Leeds-based Hermes UK has expanded the capacity of its parcel depot network in the southeast of England with a new depot in Essex and a replacement facility in Kent. Hermes UK, par...
Manchester has concrete plans for world logistics hub The UK-based Manchester Airports Group (MAG) has submitted an outline planning application for the development of a world logistics hub in the southern part of Greater Manchester's...
Qantas Freight profit down The Australia-based Qantas Group recently posted an underlying profit before tax of AUD 95 million (EUR 79.6 million) for the year ended 30 June 2012. Qantas Freight's underlying e...
US Gulf hunkers down for Isaac arrival Port of New Orleans closed, 78% of oil production shut in on Monday afternoon
Qatar in major strategy shift on US exports of LNG Federal permits sought to spend $10bn to convert Golden Pass terminal 'to capitalise on abundant US natural gas'
Costamare pounces for new boxship bargain Price is lowest for years for 2,500 teu range, says Maersk Broker
North Europe port statistics show decline since May Rotterdam and Hamburg set to suffer
Grindrod buys out Safmarine OACL stake Move leaves purchaser in full control
Explosion kills 41, stops production at Venezuelan refinery Refining of 645,000 barrels per day halted
Tankers hit by slowing Chinese strategic reserve stocking VLCC earnings on Middle East-Asia route at record low as oil imports and demand fall
Sincere Navigation profits down 37% in first half Taiwanese bulker operator manages a 4% gain in operating income
P+S must find solution by Friday Looming wages bill set to tip yard into insolvency
Japanese cape resale is worth 40% more than China-built bulker Gibsons reports two resales with $14m price spread
Boxing by numbers Container lines live in interesting times
More blanking needed as Chinese holidays approach Announced capacity cuts unlikely to be enough
CKYH's off-peak season to start earlier this year Alliance to cut one Asia-Europe loop from mid-October
Cosco Pacific dragged down by box builder Port operator posts stable growth in first-half container throughput but rules out increased investment in Piraeus terminal
MarAd tender hints at OPA 90 rethink Double hull increase carbon footprint, regulator notes
MSC Flaminia holds to be flooded prior to Channel transit Experts determining if safe for vessel safe transit English Channel
Gdansk terminal threat to Baltic aframax trade More Polish exports likely to reduce tonne-mile demand
Jason Shipping struggles on Sale of assets and debt management ongoing
Maersk considers next step for daily service Extending concept to other routes an option as first anniversary looms
Box lines face lost decade in mainhaul trades Carriers turn to more slow steaming and lay-ups to prevent rate collapse
CIMC's net profit down 64% in first half Top container maker suffers from lower sales and weaker margin
Seattle Port Authority Finds No Conflict in Yoshitani's Roles The Port of Seattle Commission has vetted Executive Director Tay Yoshitani's decision to become a director of Expeditors International and...
US Diesel Prices Jump 6.3 Cents The average cost of diesel in the U.S. rose more than five cents for the fifth time in six weeks,...
Bonney to Address ILA Issues at Inland Ports Conference Joseph Bonney, the JOC senior editor who has been leading coverage of the acrimonious East and Gulf Coast longshore labor...
Gulf Ports Shut Down for Hurricane Ports along the U.S. Gulf are suspending cargo operations in anticipation of Tropical Storm Isaac, which the National Weather Service...
Retailers Urge Resumption of ILA Talks The National Retail Federation urged the International Longshoremen's Association and waterfront employers to resume negotiations and avoid a work stoppage...
Costamare Charters Two Ships to Evergreen Greek container ship owner Costamare has chartered two ships, including a newly acquired vessel, to ocean carrier Evergreen. ...
Asset Write-Downs Send Toll's Profit Plummeting Toll Holdings saw write-downs on assets in Australia and Japan contribute to a 76 percent decline in full-year profit. ...
DHL Opens Logistics Facility in India DHL has opened a new logistics facility in India to support international time-definite delivery volumes. Located in Pune, the...
Port Tracker Forecasts Sluggish Europe Volume Container volume through North European ports will remain sluggish this year as the continent's economy struggles, Hackett Associates and the...
Frankfurt-Hahn Airport Facing Insolvency, Shareholder Says Frankfurt-Hahn airport is facing insolvency without a government cash infusion, according to a key shareholder of Germany's fifth-largest air cargo...
Trimble Acquires TMW Systems for $335 Million Trimble, a $1.64 billion mobile technology company, acquired trucking software firm TMW Systems for $335 million in cash, the companies...
Indian Government Settles Nehru Port Project Dispute The Indian government has approved the allocation of 274 acres of land owned by the Port of Nhava Sheva (Jawaharlal...
Maersk Sells Stake in Ocean Africa Container Lines Maersk Line has sold its 51 percent stake in Ocean Africa Container Lines to its South Africa-based partner Grindrod, which...
Cathay Pacific Plans Service Around India Pharmaceuticals A new Cathay Pacific service between Hong Kong and India will target the growing movement of pharmaceutical cargoes. A...
Evergreen delivers more 'L-type' boxships Taiwan's Evergreen has christened another two L-type 8,452TEU newbuilds from the 20 L-type ships it ordered in 2010 from Samsung Heavy Industries. They are being ...
CKYH pull Asia - Europe service The CKYH [Green] alliance said today that it is to implement a 'winter service adjustment' from mid-October on its Asia - Europe service resulting in the culling ...
Ireland: boxes down, outlook flat Ireland's container traffic declined by 5% in the second quarter of the year versus the same period of 2011 according to the latest data published by the Irish ...
Gulftainer breaks more records Sharjah-based Gulftainer Company Limited has continued to break records at its container handling facilities in the UAE with box traffic in the January-July period ...
DP World: No comment on Aden DP World has said that it does not comment on media speculation surrounding its future contract to manage the port of Aden in Yemen.Its stance comes after another ...
USEC shippers prepare for the worst Wall St. transport analyst, Wolfe Trahan, has polled some of its freight contacts on the impact of the threat of strike action following last week's breakdown of ...
Foss plots Arctic push Foss Maritime has inked a deal to construct three deepwater tugs at its own shipbuilding facility in Rainier, Oregon.
Olympic lands extension Stig Remoy's Olympic Shipping has secured a three-year charter extension for one of its subsea support vessels.
Distressed for success A transaction that saw Costamare pay $6.8m for a sub-panamax containership highlights the continued deterioration in asset values, a leading equity analyst told clients Monday.
US Gulf prepares for Isaac A massive storm that is brewing in the US Gulf may lift product tanker rates in the days and weeks to come, according to an equity analyst at Dahlman Rose.
Bunge bags dry duo Bunge appears to have fixed a pair of panamax bulkers controlled by Constantine Angelopoulos' Aegean Bulk Co.
Evergreen takes two Costamare has completed the acquisition of a sub-panamax containership in a transaction worth $6.8m.
Flaminia pollution free The crippled containership MSC Flaminia is set to undertake a heavily scrutinised transit of the busy English Channel with overflights confirming that there is no visible pollution from the ship.
Boxes bite Cosco Pac Cosco Pacific has seen its half-year profit take a tumble.
Amuay impact assessed A deadly blast at PDVSA's Amuay refinery is likely to impact on both the product and crude tanker markets, according to early assessments.
One-off joy for Jason Jason Shipping's bottom line remained in the black in the second quarter but its future remains far from clear.
Maersk sells OACL South African shipping company Grindrod has become the sole owner of Ocean Africa Container Lines (OACL) after buying the majority 51% stake held by AP Moller Maersk's Safmarine offshoot.
Double drop for Mipo Hyundai Mipo's slack second quarter showing has been met with downgrades by two banks.
Precious gets a price cut Precious Shipping has won a big reduction in the contract price for a handysized newbuilding that India's ABG shipyard failed to deliver on time.
'Substantial' deal for SOFF Solstad Offshore has secured a "substantial" contract for one of its vessels off Australia.
Seadrill pays more John Fredriksen's Seadrill has pushed up its dividend after a strong second quarter performance.
SHI back on bond bus Samsung Heavy Industries is plotting its second trip to the bond market this year.
Subsea set for boost Expenditure on global subsea vessel operations is set to top $77bn over the next five years, a top industry consultancy predicts.
Benalec exits shipping Benalec Holdings of Malaysia looks to have exited the shipping sector after selling its last two bulkers.
Ezra to spin-off Triyards Ezra has received conditional approval to list its engineering and fabrication subsidiary Triyards on the Singapore Exchange.
Amuay still ablaze Fires continue to burn at an oil refinery in Venezuela that was rocked by a deadly explosion on Saturday.
ILA cites support from other unions The dockworker's union said Friday it has received "expressions of support and vows of solidarity from other unions across the country and around the world," following last week's breakdown in contract talks with employers.
Barloworld plans Mideast growth
MSC raises Asia-Canada rates
DHL starts 2 new India LCL services
Isaac forces port closures in Florida The ports of Miami, Port Everglades in Fort Lauderdale, and Palm Beach were ordered closed to incoming and outgoing vessel traffic through at least noon on Monday due to the approaching tropical storm. Cargo operations are also suspended.
CKYH to drop one Asia-Europe loop in October
$242 million approved for Oakland logistics project The port and city of Oakland are organizing the $1 billion project, which will include an intermodal yard to serve marine terminals operated by Ports America and the logistics park. The first phase of construction is estimated to cost nearly $500 million.
Trimble to buy logistics software maker Trimble Navigation has agreed to buy the privately-held logistics software provider TMW Systems for $335 million in cash. TMW develops enterprise software for transportation and logistics companies that use its platform as a control tower.
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