Lisbon airport loses cargo volume The airport that serves the Portuguese capital Lisbon registered a cargo throughput of 90,282 t in 2012, 4.3% less than in 2011.
LAA executive manager resigns Jo Baker, the executive manager of the Logistics Association of Australia (LAA) has resigned and will leave LAA in early March 2013. She has accepted another position within the lo...
Indian Railways carry 735 million t of freight Indian Railways carried 735.1 million t of revenue earning freight traffic between April and December 2012. This is 31.33 million t or 4.45% more compared to the 703.77 million t c...
Krone and axle manufacturer Gigant bundle forces The German axle manufacturer Gigant Trenkamp & Gehle GmbH is to work under the Krone Group's umbrella in future and produce axles for the development of innovative chassis desi...
New CEO for Trailer Bridge Trailer Bridge has appointed Chris J. Dombalis as CEO and member of the board. He succeeds Frank Halliwell. The company, which was recently reorganised, provides integrated truckin...
Schiphol Cargo cushions impact of weak markets Amsterdam Airport Schiphol (Netherlands) finished 2012 with its strongest quarter for cargo. The resilience in most markets largely overcame continuing softness in traffic to/from ...
New European driving licence for road transport in use With effect from 19 January 2013, all new driving licences issued across the EU have to be of the plastic «credit card» type with a standard European format and tougher security pr...
Unaccompanied combined transport volumes exceed pre-crisis levels In 2011, European unaccompanied combined transport stakeholders achieved a new all-time high in terms of volumes transported. Altogether they carried a total of 18.2 million teu on...
Emirates suspends flights to Damascus Dubai (UAE)-based Emirates has suspended its daily EK913 and EK914 servic...
Gefco bundles logistics operations at new spare parts warehouse in Beijing Dongfeng Gefco, a China-based joint venture subsidiary of the French automotive and industrial logistics service provider Gefco, has become the official logistics partner for Dongf...
Trans Force wants to acquire Velocity Express The Montreal (Canada)-based logistics and transportation company Trans Force Inc has entered into a definitive agreement to buy all shares in Velocity Express, a US same day courie...
New consultant for A'pari Alexander Hoppe became the senior consultant of the A'pari consulting team at the start of 2013. He is concentrating on transport and logistics business clients, their processing a...
POLSTEAM lent $120M POLAND'S largest shipping company, POLSTEAM, has signed a $120M loan agreement with PKO Bank Polski
Offen box ships head for fire sale HAMBURG shipowner Claus-Peter Offen plans to sell 14 distressed sub-Panamax and midsize box ships
New storm shuts Oz ports MAJOR iron ore export conduit Port Hedland is to shut down today as a tropical storm nears Australia's West Coast
Russian inquiry studies Vanino acquisition RUSSIA'S Federal Antimonopoly Service has told Fairplay it is investigating Mechel's purchase of the government's 73.3% holding in Vanino, the Sea of Japan port
S Korea's Iran oil imports fall 35.5% SEOUL'S imports of crude from Iran were reported today to have dropped 35.6% last year, IHS World Markets Energy reported today
'Sea2Sea' study gets €750,000 A MULTIMODAL rail freight corridor connecting Greek ports on the Aegean Sea with Bulgarian ones on the Black Sea is a step closer today
China-Japan JV to design, market turbines QINGDAO Jieneng Power Station Engineering and Japan's Mitsubishi HI were reported today to be launching a joint venture
Up to €50M to be spent fixing ro-pax FRENCH Mediterranean ferry operator SNCM is preparing to pay out €30-50M (up to $66.57M) to repair to its ro-pax Napoléon Bonaparte
Grand China sued in Ningbo GRAND China Logistics has been sued over four leasing contracts together worth more than 600M yuan ($96M)
Chaebols pass on Korea Line bid KOREA Line might be acquired by a private equity group or a compatriot tonnage provider, now that two chaebols and Dong-A Tanker have rejected any takeover ideas
Chinese coal imports hit record in December CHINA'S imports of coal and lignite reached a monthly record of 35.11M tonnes in December, preliminary Chinese custom data indicated
Drybulk fundamentals brighten DRYBULK fundamentals look better this year, as newbuilding deliveries are bottoming out, according to DNB Bank
CSX's Profit Rose 5.6 Percent in 2012 Jacksonville, Fla.-based Class I railroad CSX today reported its income in the fourth quarter of 2012 was $443 million, falling 3.1 percent compared with $457 million in the fourth quarter of 2011. Quarterly revenue declined 2 percent year-over-year to $2.9 billion. Gains in merchandise and intermodal shipments were "more than offset"...
Pacific Direct Line Reinstates Tahiti Service Pacific Direct Line has reaffirmed its commitment to serving Tahiti, in French Polynesia, following Maersk Line's announcement that it will withdraw from the Tahiti trade. Pacific Direct Line entered into a vessel-sharing agreement with Maersk Line two years ago. Consequently, it stopped serving Papeete, the capital of French Polynesia, with its...
Medical Logistics Offers Opportunities for 3PLs The world's growing elderly population represents a major new market for logistics managers as policy makers look to expand home care solutions, according to one leading expert. Wolfgang Lehmacher, partner and managing director for Greater China and India at Corporate Value Associates, a global strategy boutique, believes both developed and developing...
Hapag-Lloyd Reduces Montreal Low Water Surcharge German ocean carrier Hapag-Lloyd will decrease its low water surcharge for all cargo moving through the Port of Montreal to and from North Europe, the Mediterranean and Africa, as well as East Asia, the Indian subcontinent and the Middle East, effective Feb. 6. For westbound trade on the SLCS 1 and...
Evergreen to Boost Rates in February Evergreen has announced several rate hikes that will go into effect in February. Effective Feb. 1, from India, Sri Lanka, Pakistan and Bangladesh to the U.S. and Puerto Rico, the rate increase will be $320 per 20-foot container, $400 per 40-foot container, $450 per 40-foot high-cube container and $506 per 45-foot...
Ontario Teachers' Pension Plan Acquires SeaCube Container Leasing Ontario Teachers' Pension Plan has acquired all of the shares of Park Ridge, N.J.-based SeaCube Container Leasing in an agreement between the two. Under the terms of the deal, SeaCube shareholders will receive $23 in cash per SeaCube common share. The transaction has been unanimously approved by the SeaCube's board of...
Saddle Creek Logistics to Open Facility in Alabama Saddle Creek Logistics Services announced today that it is opening a new facility in Birmingham, Ala. The company said in a written statement that it is investing in the new space to help one of its existing customers, a wine logistics company, to "better control its transportation costs." Saddle Creek will move...
Prologis to Build Fulfillment Facility for Amazon Industrial real estate developer Prologis today signed a lease agreement with Amazon.com to build a distribution center with more than 1 million square feet. Amazon's fulfillment center will be constructed on nearly 90 acres of land at Prologis Park Tracy Phase II, in Tracy, Calif., which is close to major West...
US, Mexico Aim for Mutual Recognition of Trusted Traders U.S. Customs and Border Protection and Mexico's Tax Administration Service have signed a joint work plan that lays out a plan for the mutual recognition of their authorized economic operator programs, the United States' Customs-Trade Partnership Against Terrorism and Mexico's New Certified Companies Scheme. The plan is expected to be implemented in...
CMA CGM Announces Asia-Europe Peak-Season Surcharge CMA CGM announced a peak season surcharge from all Asian ports to all northern European ports. The surcharge will be $250 per 20-foot container, effective Jan. 28. The French ocean carrier will also implement a general rate increase from North Europe to the west coast of South America. The rate hike...
Regional Trades Offer 3PLs Stronger Growth Than East-West As volumes on the major east-west trades slow and even decline, logistics providers are beefing up their services in faster-growing intra-regional trades, especially in Asia and Latin America, but even in some corners of Europe. Dachser, one of the largest European third-party logistics providers, just acquired two Spanish companies, Transunion and...
BX Solutions Launches Airport-to-Airport Trucking Service BX Solutions, a fairly new company in the transportation industry, has launched a time-definite airport-to-airport trucking service connecting 31 markets in the U.S. Midwest and Southeast through its new hub operations in Toledo, Chicago and Atlanta. BX Solutions is in its second year of operations, CEO Chris Marshall said in a written statement....
U.S. Lines Announces Trans-Pacific Rate Hike U.S. Lines will implement a general rate increase for dry cargo in the Trans-Pacific westbound trade from the U.S. to North Asia and Southeast Asia, effective Feb. 18. The rate hike will be $160 per 20-foot container and $200 per 40-foot, 40-foot high cube and 45-foot high cube container....
Samuel Shapiro & Company Names Wagner Regional Sales Director Corey Wagner, Samuel Shapiro & Company's new regional director of sales at its Decatur, Ga., branch. Baltimore-based logistics provider Samuel Shapiro & Company has promoted Corey Wagner to regional director of sales at its Decatur, Ga., branch. Wagner joined Shapiro in the summer of 2011 as an intern for the sales and...
APM Terminals Callao Installs RFID Technology APM Terminals Callao in Peru has installed radio-frequency identification technology as a safety measure for use with container-handling equipment, such as reach stackers and forklifts. The ZoneSafe Proximity Warning System allows heavy equipment operators to receive automatic alerts if pedestrians or other personnel are close to the machinery and at risk....
Norddeutsche Vermogen, Conti Combine Marketing Efforts Hamburg, Germany-based Norddeutsche Vermogen Group and Munich-based Conti Group have appointed H. Schuldt Shipbrokers, part of Norddeutsche Vermogen Group, for the joint marketing of their container fleets. Conti Group will acquire a 50 percent share of H. Schuldt Shipbrokers, with offices in Hamburg and Singapore, from Norddeutsche Reederei H. Schuldt, which...
Germany's Transportation Companies Come Into Their Own Germany's transport sector is finally emerging from the under the shadow of the nation's world beating export industries, from cars to machine tools, whose record profits stand out in a recession-mired Europe thanks to explosive sales growth in China and other emerging markets. German transporters have leveraged a solid domestic cargo...
Cosco to Implement Asia-Europe Rate Hike, Surcharge Cosco Container Lines will implement a general rate increase for all shipments from northwestern Europe and the Mediterranean to the Far East and India and Pakistan region, effective March 1. The hike will be $200 per 20-foot container and $400 per 40-foot container. The carrier also announced an emergency peak-season surcharge...
Panama Canal Authority, Antwerp Port Authority Renew Partnership Belgium's Antwerp Port Authority and the Panama Canal Authority have reconfirmed their collaboration agreement to promote trade between the port and the west coast of South America via the Panama Canal. After a positive evaluation of the first agreement, made in 2010, the new agreement will run for a period of...
Why Slow-Steaming Makes No Waves The will to act collectively isn't something container lines are known for - just look at the rates and scarcity of profits. Yet in 2012, and indeed for the past five years, the carriers have remained in lockstep when it comes to one key area of their operations: slow-steaming their...
Two cargo crimes a day in US Cargo crime in the US last year saw an average of more than two truck or container thefts every day. The latest figures from Freightwatch International report an ...
Ocean freight shipper index boost for European box carriers St Louis, Missouri-headquartered investment banker Stifel Nicolaus' Logistics Confidence Index [LCI] rose for the third consecutive month in January, due it said ...
OOCL ends 2012 with lower volumes
Asia - Europe capacity cut by 47% in CNY week According to Alphaliner's calculations the blanking of voyages by ocean carriers during the Chinese new year holiday week 7, and the following week, will reduce ...
Sohar to double annual box capacity by year-end Oman's port of Sohar will see its annual container handling capacity nearly double to 1.5m teu by the end of 2013, in a planned major expansion.Hong Kong-based ...
Callao's RFID system: protecting lives on the quayside The APM Terminals-operated Peruvian port of Callao is installing pedestrian-tagged Radio Frequency Identification [RFID] technology at its container terminal. It ...
Toney takes the helm A maritime security company backed by industry entrepreneur Robert Toney has launched an aggressive campaign to court investors.
Euronav falls in the final Euronav turned heads Tuesday after racking up a fourth-quarter deficit that was deeper than many forecasters had feared.
Novorossiysk seals loan Novorossiysk Fuel Oil Terminal (NFT) in the Black Sea has secured a $110m refinancing loan.
China crisis deepens More than 80% of Chinese shipowners are making a loss, according to the China Shipowners' Association (CSA).
No Devil in lack of detail Golar LNG's involvement in a British Columbia project has met with a warm reception in the market.
Navios stretches two Navios Maritime Acquisition Corporation (NMA) will earn more from a pair of chemical tankers after agreeing to extend their charter contracts by six months.
Banks force Offen sale A trio of banks is pressing Hamburg shipowner Claus-Peter Offen for a sale of 14 loss-making boxships.
PACD makes it eight Idan Ofer delved further into the offshore arena today with Pacific Drilling taking up an option on a newbuilding at Samsung Heavy Industries.
Toilet trouble A Turkish officer has been fined over a UK grounding after he left the bridge to go to the toilet.
Vantage ties up newbuild Vantage Drilling has penned a preliminary contract for a newbuild drillship under construction at Korea's Daewoo Shipbuilding and Marine Engineering.
Five eye Kraljevica Five companies are interested in buying the loss-making Croatian shipbuilder Kraljevica.
Restis crew airlifted Two seafarers from a Restis-controlled tanker were airlifted following a cable accident off the US.
Schuldt coup confirmed German owner Conti Group has bought a 50% slice of H. Schuldt Shipbrokers as part of a deal which will see the broker take on a huge chartering contract.
Prosafe pens new deals Semi-submersible accommodation rig operator Prosafe has kicked off 2013 with a batch of fresh contracts worth over $130m.
Cold water on dry charge Owners and analysts have moved to dampen optimism in the dry-cargo market after a stellar start to the year on the stock market.
Tsuji resales sealed? China's Tsuji Heavy Industries has reportedly sold two 30,000-dwt bulkers due for delivery in the first quarter.
KLC takes a tumble Korea Line Corp was in freefall today amid claims three of the five companies looking to takeover the bankrupt owner failed to file final bids for the firm.
Help for STX Finland? A group of suppliers and contractors want to help boost STX Finland's fortunes by buying into the company.
Fisher heads for the exit Oman Shipping Company (OSC) is on the lookout for a new chief executive after Nicholas Fisher stepped down by mutual consent.
Antwerp volumes dip The key Belgian port of Antwerp has seen cargo volumes fall slightly in 2012 as breakbulk declined.
Hoegh contract close Hoegh LNG is close to securing a contract for one of its older ships, a leading analyst says.
Mixed time for tankers Tanker owners enjoyed a strong rise in earnings last month despite a downturn in activity, say industry analysts.
Moby selling capacity Italian ro-pax owner Moby Lines is selling 10% of its capacity on runs to Sardinia.
Tender for two Russia's Atomflot is looking for shipyards to build two icebreakers worth a maximum of RUB 86.1bn ($2.85bn).
Hongqiang wins quintet China's Jiangsu Hongqiang Heavy Industry has revealed a new order for five bulkers.
Algeria outcome unclear Crude oil and gas shipments out of Algeria look to be unaffected by the recent attack on the BP In Amenas gas plant last week.
Cyclone shuts Hedland Port Hedland, the world's largest iron ore port, is to close due to a tropical storm threatening Australia's western coastline.
Teachers buy SeaCube Ontario Teachers' Pension Plan, one of Canada's largest pension funds, is to buy SeaCube Container Leasing for about $470m.
OOCL numbers inch up OOCL has seen a modest improvement in both fourth quarter and full year operational data, latest figures show.
KOGAS in bunker study Korea Gas Corp (KOGAS) has teamed up with DNV to carry out a feasibility study into LNG bunkering in South Korea.
'Made in the World' By Jerry Cook, vice president of government and trade relations at HanesBrands, Inc., and chairs the Customs and Trade Facilitation Committee of the U.S. Council for International Business.
Akili heel
German powerhouse?
Saddle Creek opens Birmingham warehouse
Delta sees cargo loss, but overall profit The Atlanta-based airline's cargo revenue in the fourth quarter of 2012 fell $15 million, a 5.9 percent year-over-year loss on declining freight yields, and stands in stark contrast to its overall $238 million quarterly profit.
Inside look at transload operations
Nothing to waste
Norfolk Southern opens Crescent Corridor terminal in Pennsylvania The railroad said the 200-acre terminal near Greencastle, Pa., built at a cost of $97 million terminal, will connect Central Pennsylvania, Western Maryland, and Northern Virginia to domestic and world markets.
ESC: UPS' failed bid good for competition The shipper group expressed concerns about competition in the European express market if the merger had been approved. Its decision was reached after consulting customers of both TNT and UPS and its large membership.
OOCL revenue up 7% in 2012 The Hong Kong-based liner carrier said Tuesday that its fourth quarter 2012 revenues rose 5.6 percent year-on-year to $1.4 billion. For the year, OOCL's revenue rose 6.7 percent to $5.5 billion.
CSX plans improvements in NY/NJ
CMA CGM plans surcharge for Chinese New Year
Washington Notebook: AASHTO recommends gas tax alternative
Index-linked contracts catching on?
New runway ups Halifax Stanfield's cargo game
Sea-air thread
Instant shipping moves in In the third quarter of 2012, adjusted U.S. retail e-commerce activity hit $57 billion, a 3.7 percent increase from the second quarter, according to the U.S. Census Bureau.
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