UK to examine speed limit for trucks over 7.5 t on single carriageway roads UK's Department for Transport (DFT) examines to increase speed limits for heavy goods vehicles (HGV) over 7.5 tons from 40mph to 45mph or 50mph on single carriageways. According to...
ICTSI acquires control of Hijo International Port Services Philippines-based International Container Terminal Services Inc (ICTSI), through its wholly-owned subsidiary Abbotsford Holdings Inc (AHI), has acquired subscription rights to 40 m...
Basel airport to build new cargo terminal The trinational EuroAirport Basel-Mulhouse-Freiburg is to provide the exporters of the Swiss-France-Germany triangle with a new modern cargo terminal building. Covering an area of ...
Indian Railways plans to increase haulage rates Indian Railways is going to raise haulage rates by 31% for container train operators. The increase is expected in two phases - a 22% rise on 1 December 2012 and by another 9% on 1 ...
Canada: Fort Garry Industries to purchase Pinwood Truck Parts The Canadian company Fort Garry Industries has formally agreed to purchase an equity share in Pinwood Truck Parts. The pending transaction will close on 30 November 2012. Pinwood T...
Senger-Weiss chairing Austria's logistics and forwarding association The Austrian Association of Logistics and Forwarding (Zentralverband Spedition & Logistik (ZV)) has a new president. Wolfram Senger-Weiss, a member of the board of the Lauterac...
DKSH reinforces management DKSH, a Switzerland-based service provider for market expansion that focuses on Asia, has prolonged its contract with Dr Jörg Wolle, CEO and representative of the executive board, ...
El Al's retired B757 to be converted into FedEx freighter Israel's El Al Airlines is continuing to upgrade and renew its fleet. Following yesterday's rotation (26 November) from Tel Aviv (Israel) to Barcelona (Spain), the carrier will ret...
Alitalia vetoes EasyJet slot allocation The British low cost carrier EasyJet may not be able to start competing with national carrier Alitalia on Italy's most important domestic route between Rome Fiumicino and Milan Lin...
Russia: Evraz sells EvrazTrans to NefteTransService Russia's biggest steelmaker Evraz has agreed to sell its Russian railcar operating subsidiary EvrazTrans to the Russian railfreight operator NefteTransService (NTS), one of Russia'...
DB Schenker Logistics boosts business in Belgium with Nestrade After acquiring a new customer called Nestrade SA in Belgium, the German service provider DB Schenker Logistics is stepping up its business in the fast moving consumer goods (FMCG)...
Agility receives AEO-F certification in Hungary Agility, a prominent global logistics provider, has been recognized by the European Union as an authorized economic operator full (AEO-F) in Hungary. In order to qualify for the AE...
IJS Global appoints head of US sales IJS Global has appointed Tim McKisson as vice-president sales in the USA. Based at the company's Los Angeles office, he will be responsible for building and managing the sales team...
F.S. Mackenzie opens office in British Midlands F.S. Mackenzie - the UK member of the FPS network of independent freight forwarders - has now opened a fifth office, which is located at East Midlands Airport's cargo terminal. The...
Transpacific agreements are to merge TSA members seek to cover entire round-trip
Uneasy box alliances Joining forces only makes sense until bigger, more energy-efficient ships are delivered
Zim urges Israeli government to approve company split soon UPDATED: Delay harms competitiveness, carrier claims as it posts its best results for two years
Hutchison pulls out of Harwich box terminal bid Port giant says public inquiry will create delays and increase costs
Gard offers new war-risk product EU regulation means shipowners involved in carrying passengers will need a separate guarantee in addition to a mutual P&I policy
A contract fit for purpose Building offshore units brings contractual risks for shipyards
North applies 15% general increase Club opts for 'significant' increase rather than risk an unbudgeted supplementary call
Eitzen Chemical will bounce back after restructuring, says chairman EXCLUSIVE INTERVIEW: Figenschou predicts that chemtankers will outperform crude
Pragmatism prevails Sadder, wiser shipyards have no choice but to haggle with long-term partners over price
Zim negotiates to reduce newbuilding prices Israeli line seeks to further delay delivery of 12,600 teu tonnage
Omega Navigation's Chapter 11 omnibus hearing is to go ahead Houston bankruptcy judge rejects deposition plea from senior lender HSH Nordbank
Costa Concordia probe criticised for focusing on prosecution IMO chief questions where report is after nearly a year
Spanish newbuilding subsidy is open to other EU owners Foreign yards could also benefit, lawyer believes
ACM reports fall in profits despite rising fixture volumes Shipbroker announces boardroom shake-up
South Korea power companies make joint tender for nine capesizes Deal is open only to national shipowners and shipbuilders
StealthGas lifts third-quarter profits Vafias says listed company plans further growth after recent swoop on newbuildings
Ships' green claims need rigorous testing, says class society What is certain is that owners urgently need to cut their spend on fuel, says DNV
Let them not all eat cake Developing a niche is a good recipe for survival for China's shipyards
Norwegian investor orders up to eight chem tankers from Nantong Mingde Yard claims stainless steel designs cut fuel oil consumption by 30%
China Cosco issues $1bn in offshore US dollar bonds Offering will shore up funding for overseas units and affiliates
Adjusted profits surge for StealthGas NASDAQ-listed LPG operator StealthGas has reported stronger quarterly earnings on improved rates and higher utilisation
Scandlines pulls plug on newbuildings at P+S Werften PROSPECTS for restructuring insolvent German shipbuilder P+S Werften were dampened today when a major customer withdrew two deals
Offshore feast seen for Singapore yards RIG BUILDERS in Singapore stand to gain from continued robust demand in the offshore sector, an industry analyst said
Maersk seen keeping its market share lead MAERSK Line will lose virtually no market share as a result of its recently announced move to cut investments in box shipping, a leading consultancy predicted today
LNG fundamentals rebound RISING spreads between Asian and European spot LNG should fuel more cross-hemisphere shipments, Dahlman Rose analyst Omar Nokta said today
Greeks hold 216 in migrant smuggling cases GREEK authorities are holding 216 people in connection with migrant smuggling cases over the past week
OSG case takes shape SEVERAL pivotal hearing dates have been set in Overseas Shipholding Group's huge Chapter 11 case in Delaware, according to new filings
Drivers held in ferry smuggling case in Italy TWO UK men are being held today in the seizure of an estimated £16M ($25.6M) worth of heroin being smuggled into Italy on a ferry, the British Foreign Office confirmed
Chinese breakers exploit S Asia weakness OLDER ships in the Far East are increasingly heading to China for breaking because the sector keeps weakening in South Asia
Recovery seen for palm oil PALM oil prices could rebound as the monsoon season hits South-east Asia and production in Indonesia and Malaysia, said IHS Global Insight today
KNOC, STX to import LNG and oil from Canada KOREA National Oil Corp and STX Energy today signed an agreement to import liquefied natural gas and crude oil from Canada
VLGCs keep under pressure A LACK of buying interest in LPG is continuing to place downward pressure on VLGC rates on the Ras Tanura/Chiba route
Firmer rates turn Zim around ISRAEL'S Zim Integrated Shipping Services today reported a strong 3Q12 on firmer freight rates, but the group also warned that difficult times might soon return
Deep cuts advised for liners LINERS have provoked a new collapse in box rates by failing to make deep enough cuts in capacity for winter, a shipping consultancy said today
China COSCO picks banks in $1Bn bond HSBC and Bank of China were named today by China COSCO Holdings as the banks behind a $1Bn bond issuance
Matson Plan Touches a Jones Act Nerve Matson Navigation Co. informed investors this week that its long-term investment plans include construction of two vessels in a U.S. shipyard, touching off a new debate about the Jones Act and its impact on everyone from shippers to consumers. Matson is a U.S.-flag carrier that serves the mainland trade with Hawaii...
TSA to Revise Fuel Surcharge Assessments Beginning Jan. 1, intermodal shippers in the trans-Pacific will be assessed a single, consolidated surcharge that includes components for low-sulfur fuel burned within 200 miles of the North American coast and long-haul intermodal fuel costs passed on by inland transportation providers. The single charge is intended to simplify what is now...
TQL Named One of the 25 Best Service Companies to Sell for Now CINCINNATI - Total Quality Logistics (TQL), the nation's second largest freight brokerage, was named to Selling Power Magazine's list of the "25 Best Service Companies to Sell for Now." Each year, Selling Power identifies companies with the most to offer salespeople, according to the article in the magazine's October/November/December 2012 issue....
Damco Unveils Missing Link to Supply Chains COPENHAGEN, Denmark - In recognition of the need with supply chain managers for cutting costs and securing a constant high degree of delivery performance, Damco now offers improved capabilities to optimize the entire end-to-end supply chain from a cost, delivery time, capacity and carbon perspective. Damco's global team of 50 supply...
Disaster Planning Helped NEMF Weather Sandy When Hurricane Sandy hit Elizabeth, N.J., New England Motor Freight's terminal yard filled with five feet of water. Fortunately, the storm surge didn't flood the trucking company's headquarters and terminal building and its tractor-trailers were safely parked on high ground, said Chief Operating Officer Tom Connery. "We were lucky, we didn't...
NYK Scholarships Offered for 12th Consecutive Year in China Naoya Tazawa, front row, third from left; Keizo Nagai, front row, third from right; and Jin Yongxing, front row, fourth from left; with the scholarship recipients, among others. TOKYO - On November 13, an awards ceremony was held at Shanghai Maritime University (SMU), where 36 students were recognized for their academic...
Napolitano Details How DHS Strengthens Global Supply Chains Janet Napolitano, secetary of the Department of Homeland Security, explains how the agency is working to speed up the trade of goods while protecting U.S. borders. The video offers highlights of her speech at the Customs and Border Protection's annual East Coast Trade Symposium in National Harbor, Md. Contact Mark Szakonyi...
Walking Floor and Dump Trailers Needed for Hurricane Sandy Clean-Up NIXA, Mo. - In the aftermath of Hurricane Sandy more shippers are online searching for available Walking Floor and Dump Trailers to help with the clean up efforts. BulkLoadsNow.com, a leading online freight matching service, has seen a spike in related loads posted and is directly communicating with shippers to...
As Hurricane Sandy Blows Business Towards Flatbed Industry; Crst Malone Branches Out Search for Immediate Drivers TRUSSVILLE, Ala. - Hurricane Sandy was no doubt, a tragic natural disaster with its one upside being the business its expected to bring the trucking industry and specifically to the flatbed carriers needing it most. Forecasting a heavy clean-up and construction period maximizing flatbed demand, the industry is gearing up...
Obama Signs Bill to Protect US Airlines From EU Carbon Tax President Obama today signed into law the bill S. 1956, the European Union Emissions Trading Scheme Prohibition Act of 2011, signifying to the European Union that the imposition of a unilateral tax scheme on the U.S. civil aviation industry will not be tolerated. The bill, which requires U.S. airlines be excluded...
Logistrans Instanbul 2012 Granted an Award to Ekol Nedret and Koray at Logitrans Istanbul 2012. INSTANBUL, Turkey - As the fastest growing Turkish logistics company in Europe, Ekol Logistics continues to receive awards for its successful operations. Ekol Logistics received the "International Logistics Operators (L2)" award in 2012 Logistics Awards organized within the Logitrans Transport Logistics Exhibition for the...
Magna Tyres Group Announces the Launch of MAGNA M-Straddle MAGNA M-Straddle. WAALWIJK, the Netherlands - Magna Tyres Group is proud to present the official launch of the new MAGNA M-Straddle. This tyre is especially designed for use on straddle carriers at the harbour. The M-Straddle is a radial constructed tyre and available in tyre size 16.00R25. With the M-Straddle, Magna Tyres...
Ryder Executive to Speak at ATA Summit on Natural Gas MIAMI - Ryder System, Inc., a leader in commercial transportation and supply chain management solutions, today announced that Scott Perry, Vice President of Supply Management for Fleet Management Solutions, will be a featured speaker at the American Trucking Associations (ATA) Summit on Natural Gas in Trucking. The Summit, which is...
Barge Industry Seeks Obama Action on Mississippi Water Levels The American Waterways Operators, National Waterways Conference, Waterways Council and 15 other national organizations today submitted a letter to President Obama and the Federal Emergency Management Agency requesting a presidential declaration of emergency, pursuant to Section 501(b) of the Stafford Act, to call attention to the Mississippi River's near historic...
ILWU to Grain Terminals: Keep Talking The International Longshore and Warehouse Union is urging the employers' organization that represents six grain terminals in the Pacific Northwest to allow more time for contract negotiations and avoid a possible employer lockout or strike that could occur as soon as Thursday. "The union is motivated to keep the grain flowing...
TSA, WTSA Look to Merge Members of the Transpacific Stabilization Agreement filed an amendment with the U.S. Federal Maritime Commission that would expand the discussion group's scope to include the entire trans-Pacific round trip, including the westbound trade. Once the amendment becomes effective, the lines are expected to suspend activities of the existing U.S.-Asia carrier...
Pacific Carriers Focus on Round-Trip Economics The proposed merger of the Transpacific Stabilization Agreement and its westbound counterpart, the Westbound Transpacific Stabilization Agreement, would give carriers an opportunity to reduce overhead and redundancies. Even more so, the single discussion group would focus carrier efforts on round-trip economics in the U.S.-Asia trades. Shipping lines in the trans-Pacific trades...
U.S. Spot Intermodal Rates on the Decline U.S. spot intermodal rates, particularly lanes west to east, are gradually weakening off of the peak holiday volume period earlier in the fall, according to data from 3PL IDS Transportation. "We continue to see the west to east lanes begin their decrease off the peak weeks," IDS Executive Vice President Rick...
H&M International Transportation Renames Trucking Unit Intermodal trucking company H&M International Transportation today announced that its trucking division will begin operating under the name H&M Terminals Transport, starting Jan. 1. The company will offer the same range of services, but its local, regional and over-the-road trucking services will be provided by H&M Terminals Transport. H&M International Transportation...
China's logistics sector on the move The total value of goods carried by China's logistics industry grew by 9.6% year-on-year to reach CNY146.4 (USD23.27) trillion in the first 10 months of the year, ...
Hapag-Lloyd appoints OMA Ghana German ocean carrier Hapag-Lloyd has announced the appointment of the Gary Miller-led OMA Group as its agent in Ghana to further its aspirations for a 'new branding' ...
The end of the road for Bathside Bay? That certainly seems probable after Hutchison Ports UK [HPUK] dramatically withdrew its plans for the development of the on-off GBP300 million container terminal ...
Unifeeder enhances Russian connection Danish north European short sea and feeder operator, Unifeeder has announced an upgrade of its services to/from Russian ports, including a second weekly call at ...
Zim urges Israeli government to split the company soon Israeli line Zim is urging the government to speed up the decision on splitting the company into an international and domestic operator. Fresh calls from the containership ...
Record for Cyber Monday Online purchases in the US on so-called Cyber Monday - the Monday after Thanksgiving that sees Americans taking to the internet for bargain buys - is projected ...
BLT's Lion City extension Singapore court gives embattled owner more time to sort out Indonesian overhaul.
Poised to pop Charter rates set to spike as Asia's demand for LNG regains traction, analyst says.
Blackstone tied to buy Private equity powerhouse rumoured to be one of the masterminds behind Norden raid.
SDRL confirms move Seadrill's top executives approve move from Stavanger to London.
Cape fear Reports that Italy's second largest steel producer is planning to unplug its main blast furnace for over a month has reignited fears about the future of the capesize bulker market.
DFDS deal not dead Denmark's DFDS may yet take delivery of two ro-ros it cancelled at Germany's insolvent P+S Werften in September.
VLCC axe poised Knowing eyes will be fixed on the fate of five VLCC newbuildings when John Fredriksen's Frontline 2012 reports its third quarter results this week.
Aframax deal stretched China Shipping Development Co (CSDC) has extended an aframax bareboat charter for another year.
Erria in the money Danish shipmanager Erria has again posted a strong set of numbers thanks to the sale of its chemical tanker fleet.
CSDC scraps again China Shipping Development Co (CSDC) has sold another old ship for scrap.
No dry departures Heads are not about to roll at ACM's dry-cargo division despite the AIM-listed broker announcing cost cuts across the department today.
Koreans look for nine Five Korean power companies have launched a joint domestic tender for nine new bulkers.
Varun tanker held The master of a Varun Shipping tanker could face two years in jail for anchoring the vessel outside a designated area off Malaysia.
CCNI adds four more Chile's Compania Chilena de Navegacion Interoceanica (CCNI) has revealed it has ordered another four boxships.
Nova ship in spill A Singapore cargoship has been held in Vietnam following an oil spill at Quang Ngai.
Zim urges split Israeli container line Zim wants a quick split of the company to boost its competitiveness.
YZJ makes offshore splash Yangzijiang looks to have bagged its maiden order for an offshore drilling rig.
Baltija wins research ship Lithuanian yard Western Baltija Shipbuilding has won an order for a new research ship from Klaipeda University.
Cosco in giant fundraiser China Cosco Holdings has moved to raise $1bn on the Asian bond market.
Stolt orders eight Norway's Stolt-Nielsen has sealed an order for up to eight chemical tankers in China.
Mingde signs for tankers Nantong Mingde Heavy Industry Group has won a deal to build up to eight stainless steel chemical carriers for a Norwegian owner.
Subsea 7 sure of Shell Oslo-listed shipping group Subsea 7 has extended offshore contracts worth $360m with Shell.
ACM chops loss London broker ACM Shipping Group has cut its deficit in the first six months as it announced a shake-up of its top management positions.
Equinox to expel Hoie Equinox Offshore Accommodation is looking to expel one of its co-founders from the struggling company.
StealthGas inches up StealthGas has reported a modest increase in third quarter profits on the back of lower costs and higher revenues.
Japan Club ask for 5% The Japan Ship Owners' Mutual Protection and Indemnity Association is to raise rates for ocean going tonnage by 5% from the 20 February renewal.
Ariston expands order Ariston Navigation looks to have increased its order for handysize bulkers in China to up to ten ships, TradeWinds has learnt.
Zim reports best quarter in 2 years Rafi Danieli, the chief executive officer of Zim, told American Shipper "the basic factors in the industry remain unchanged. The economy is under pressure, the fuel is in the sky, and the overcapacity is here."
DB Schenker tests rail cargo note on China-Europe move The company has provided the service for an electronics manufacturer that's been sending container trains for two years now from Chongqing through China, Kazakhstan, Russia, Belarus and Poland to Germany.
Hearn directs GPA's trade development George Hearn was most recently vice president of Eastern region and Gulf sales at US Lines. Previously, he held positions at APL, including vice president and managing director of various U.S. regions.
Carriers slow joint Asia-ISC loop
Revenue up at HKIA, 'cautiously optimistic' on cargo The Airport Authority Hong Kong saw its cargo volume, which ended the period at 2 million tons, grew by 2.1 percent when compared to the first six months of 2011.
Swissport snags deal with low-cost African carrier
MNX launches air cargo tracking device
SEKO expands in Africa
US Trailer expands use of I.D. Systems
Air Menzies uprgades regional U.K. operation
Washington Notebook: Walmart audit turns up possible corruption overseas
Lufthansa upgrades cargo management system
U.S. supports gas equipment exports to Trinidad and Tobago
Sustainability of the tanker industry in jeopardy 'Tanker operators cannot continue to operate at current freight levels' while balancing other demands.
Bunker prices held at Monday's averages in Fujairah Prices flat in most ports.
Prices hardly show movement in Rotterdam Unsettled price picture seen in most markets.
LNG tanker close to completing 'Northern Route' 'We are able to reach a highly profitable market saving 40% of the distance and using 40% less fuel.'
Survival of the fittest Pressure on profitability means this could be a time for Darwinism in the shipping industry.
Tax authorities tighten rules for fuel oil imports Price of bunker fuel for China's domestic shipping could rise.
Tan resolves dispute with former employer Agreement reached on the day the case opens in court.
Bunker leak as fuel pumped between tanks Bulk carrier held in Vietnam after oil leak.
China and Greece in joint LNG marine fuel project More than a million euro earmarked for research into LNG fuel solutions on merchant ships to help meet future regulations.
Prices continue to firm in key Asian ports Bunker prices edging upwards as markets perked up.
New tankers to offer 'improvements in fuel efficiency' Stolt says shallow draft will mean 'significantly lower' bunker consumption.
Gazprom steps up Far East operations New bunker tanker will 'significantly strengthen' the company's position in market where it has already increased sales by over 80%.
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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