Gebrüder Weiss flies cable car to Mexico The Austrian logistics service provider Gebrüder Weiss (GW) recently proved that it is especially adept at managing special transports when it was recently mandated by the engineer...
RZD investing EUR 62 billion JSC Russian Railways' investment volume rose to RUB 481.6 billion (EUR 12 billion) last year, an increase of more than 22% compared to 2011. RZD's total investments since 2004 have...
Freightliner introduces high-visibility Truck-lite LED headlamps Freightliner Trucks reported that the high-performance LED headlamps custom-engineered for the Freightliner Cascadia by Truck-Lite Co LLC are now available. The new headlamps will ...
CSX ploughing money into rail tracks CSX, one of the USA's leading transport companies and based in Jacksonville FL, worked with its customers to locate 105 new or expanded facilities on its eastern rail network ...
SBS Worldwide signs agency agreement covering Switzerland The supply chain solutions provider SBS Worldwide and the Swiss company Tibbett & Britten Unique have entered into an agency agreement which sees SBS Worldwide offering Tibbett...
Ipsen Logistics opens new airfreight office in Malaysia The Bremen (Germany)-based international transport and logistics service provider Ipsen Logistics has opened a new office at Kuala Lumpur airport in reaction to the promising busin...
Sea Transport expands fleet Iveco has won a major deal with UK's container transport specialist Sea Transport. Under the new deal, Iveco has supplied eight identical brand new Stralis Active Space Super3 trac...
Qatar prepares for opening of new Doha airport in nine weeks The State of Qatar is ready to welcome a new chapter in the country's aviation industry with preparations well underway for the 1 April 2013 first phase opening of the new Hamad in...
MSC adds Rostov-on-Don to its network The Geneva (Switzerland)-based enterprise Mediterranean Shipping Company (MSC) added a call at the Russian Black Sea port of Rostov-on-Don to its network at the beginning of the ye...
Portugal's airfreight volume drops 4% In December 2012, the ANA Group handled 4.2% less (-570 t) airfreight and mail in comparison to the same month in 2011. ANA comprises eight Portuguese airports, seven of which hand...
Ethiopian Airlines changes services to Southern Africa Starting yesterday (27 January), the East African carrier Ethiopian Airlines adjusted its services to Zimbabwe and Zambia. Three of the present seven weekly services Addis Ababa - ...
New air traffic boss appointed at Prestwick Nats, a UK provider of air traffic services and solutions, has appointed Alastair Muir as the new operations director at its control centre in Prestwick, Ayrshire (Scotland). He su...
Time Matters expands Chinese network Time Matters, an international specialist for urgent and complex logistics services, is expanding its network in China. From now on, customers will benefit from a significantly inc...
Sales manager of Wtransnet France appointed Wtransnet France chose Gregory Joubert as its new sales manager on 1 January. He replaced Anna Esteve, who had held this post since the Wtransnet subsidiary in France was created. ...
West-to-East shift seen in tanker sector CRUDE sector focus is shifting from the West to the East, with developing Asian economies fuelling demand growth, a broker predicted today
Mermaid lands $40M deal THORESEN Thai Agencies said its 57% owned subsidiary Mermaid Maritime has clinched a subsea project worth about $40M
Barges hit bridge, sparking US spill A SPILL response crew has contained an oil leak that followed a tank barge collision with a Mississippi River rail bridge, Fairplay was told today
MPM sharpens offshore focus MARCO Polo Marine of Singapore plans to increase its stress on the growing Indonesian oil and gas sector, CEO Sean Lee Yun Feng said
Mercator warns of worse losses MERCATOR Lines (Singapore) said the early termination of two timecharters would cause heavier losses than previously estimated
Dole signals fleet renewal US FRUIT shipper Dole is eyeing new tonnage after last week's progress on a transformative deal with Japan's Itochu Corp
Adani profits gain 34% ADANI Ports & Special Economic Zone's third quarter net profits rose 34% year on year to 4.15Bn rupees ($76M)
Grounding sparks rescue RESCUERS have saved 28 crew members in danger of being electrocuted in China
India begins trial of 120 pirate suspects INDIA has begun a trial of 120 suspected Somali pirates caught by the Indian navy
Doubled drybulk fleet seen THE GLOBAL drybulk fleet is on course to double in the seven years 2007-14, a shipbroker has warned
$90,000/day Golar LNG target seen GOLAR LNG is likely to obtain about $90,000 per day for its newbuildings on medium-term contracts, a shipping analyst has estimated
Brightoil wins waivers HONG KONG-listed bunkerer Brightoil has won waivers from its lenders, evading the possibility of cross defaults on certain loans
Thai vehicle exports jump THAILAND'S vehicle exports jumped 39.6% year on year to 1.03M units in 2012, the Federation of Thai Industries said today
Box rates regress THE RATE gain in long-haul box rates appears to be losing momentum, based on the latest Shanghai Containerised Freight Index figures
Breakers turns cautious HEAVY speculation by cash buyers for South Asia-bound ships has been proven to be a futile gamble, as they have failed to find breakers willing to pay a better price
Port of New Orleans' Maritime Safety Operations Kick Off for Super Bowl A team of federal, state and local law enforcement agencies began maritime safety and security operations on the lower Mississippi River today to support Super Bowl XLVII. Response boats, patrol vehicles and enforcement personnel from more than 16 law enforcement agencies will conduct maritime security operations in the downtown New Orleans...
Forwarders See Slot Shortages as Unlikely Ahead of Chinese New Year In the run-up to factory closures in China for Chinese New Year from February 10 liner utilization levels are increasing, but slot and equipment shortages are unlikely to materialize and lines have struggled to push through General Rate Increases, according to leading forwarders. "We do not see significant volume increases leading...
EU to Implement Clearer Rules on Customs Handling of Pirated Goods The Internal Market Committee members of the European Parliament have approved a deal with the European Council that gives customs officials at EU borders better tools and clearer rules to confiscate, store and destroy pirated or counterfeit goods. The new regulation on Customs Enforcement of Intellectual Property Rights aims to improve...
Evergreen to Launch Greece-Turkey-Malta Feeder Service Ocean carrier Evergreen Line will launch a feeder service linking Greece, Turkey and Malta at the end of January. The GTM service will connect to Evergreen Line's network via Greece's Port of Piraeus. The intra-Mediterranean route will be serviced by the 600 20-foot-equivalent unit vessel Kirsten. The first sailing is planned to...
US Diesel Prices Rise for Second Straight Week U.S. diesel prices rose for the second week straight, climbing 2.5 cents in the week ending Jan. 28. The average price, $3.927, is 7.7 cents higher than a year ago and up 1.6 cents from the beginning of the year, according to the Energy Information Administration. Prices rose across the country,...
Port Jersey Logistics Names Hickey Operations Director Al Hickey, Port Jersey Logistics' new director of operations. Third-party logistics provider Port Jersey Logistics has appointed Al Hickey as director of operations. In this role, Hickey will be responsible for identifying areas of operational growth and implementing process improvements and employee development programs for Port Jersey's warehouse division, Tyler Distribution Centers,...
OOCL to Hike Trans-Atlantic Rates Hong Kong-based Orient Overseas Container Line has announced a general rate increase on trans-Atlantic trade, effective March 1. The rate hike will be $300 per 20-foot container and $400 per 40- and 45-foot containers for westbound dry cargo on all routes from Europe to the U.S. and Canada....
'K' Line Improves Japan-Thailand Transit Times Japanese carrier "K" Line will enhance its intra-Asia service with better transit times between Japan and Thailand. A total of seven vessels will be deployed by "K" Line and SITC Container Lines in two weekly intra-Asia loops. Starting Feb. 26, three 1,700 20-foot-equivalent unit vessels will be deployed for JABCO-1, and...
STB Approves Trucker Chassis Pool The Surface Transportation Board has granted its permission for motor carriers to use co-op pools to acquire and share intermodal chassis. The STB's regulatory clearance brings the North American Chassis Pool Cooperative a step closer to operation. The NACPC was formed last October as a cooperative for drayage carriers that want...
Carriers Keeping Eyes on Europe The Asia-Europe liner trades will dominate container shipping's strategic planning through 2013 as ocean carriers confront a nightmare mix of declining traffic, persistent overcapacity, high oil prices and the imminent arrival of the world's largest vessels. Many carriers returned to the black in 2012 from the bloodletting of 2011 largely because...
Mission Control James Welch knows a thing or two about business. So when the CEO of trucking operator YRC Worldwide and architect of the largest corporate turnaround in recent memory delivers a message like he did recently to his staff, shippers and carriers of all types should take notice. That message - "to...
Typhon Launches Marine Convoy Escort Service Typhon announced today it is launching its marine convoy escort service, effective immediately, according to Homeland Security Today. The maritime security service is being offered to ship operators transiting the Gulf of Aden, Arabian Sea and Indian Ocean. Close protection vessels shadow client vessels, using surveillance, detection and early warning capabilities to...
Grupo Mexico Allocates $3.5 Billion for Investments Grupo Mexico has allocated $3.5 billion for its investment budget in 2013, which will be presented for the approval of the board of directors. Of this total, $2.0 billion will be invested in the mining division, $1.0 billion in the infrastructure division and $500 million in the transportation division. The transportation...
Hupac Intermodal Traffic Falls on Weak Economy Swiss intermodal operator Hupac blamed a weak European economy, periodic closures of the trans-Alpine Gotthard tunnel and increased competition from trucks for traffic slumping 10.7 percent in 2012. The number of truck trailers and swap bodies fell to 646,214 units from 723,897 units in 2011. Traffic on trans-Alpine routes, Hupac's main...
ILA-USMX Talks Reach Crucial Point The International Longshoremen's Association and United States Maritime Alliance resume contract negotiations Tuesday amid the renewed possibility of a work stoppage at East and Gulf Coast ports. The latest ILA-USMX contract extension expires at 11:59 p.m., Feb. 6. The union and employers have held a series of federally mediated bargaining sessions...
New Shipping Line Sets Sail in the Pacific Sofrana Unilines has announced the launch of a new, independent shipping line, Greater Pacific Shipping, to service customers in the Pacific. GPS is a partnership between three regional carriers, including Sofrana Unilines, Pacific Direct Line and Swire Shipping, the liner shipping division of The China Navigation Co. Services will be offered between...
Annual Review & Outlook 2013: M Power Amid rampant globalization and the never-ending pursuit of low-cost labor, supply chain ecosystems have become elongated, complicated and frustrated with challenges arising from velocity, volatility and vulnerability. The most important impact for 2013 will be a renewed supply chain focus that will move beyond the traditional performance metrics of speed, cost...
Annual Review & Outlook 2013: The Lambos Firm In 2013, we can expect resurgence in federal legislative and rulemaking activity that was on hiatus during the presidential election. The country remains sharply divided on an approach to addressing the deficit and the future course of our nation. As we face the fiscal cliff, many of us are doing...
CMA CGM sells 49% of Terminal Link to China Merchants
Dangerous gaps in anti-piracy legislation must be filled, says Kallas There is an urgent need to reduce dangerous gaps in legislation surrounding anti-piracy measures and it must be made clear where responsibility lies, according ...
Cargo receivers must be accountable, say Cinsnet box lines Container lines want cargo receivers to be held at least partly liable in the event of an incident involving shipments they have ordered.Reinhard Schwede, new president ...
USEC container cliff in view again Wednesday week [February 6] in theory marks the last day of the extended US east coast dock labour contract talks; it will coincide with one of the busiest periods ...
Egypt crisis threat to canal transits Egyptian President Mohamed Morsi has announced a 30-day state of emergency and night time curfew in the cities of Port Said, Suez and Ismailia after an escalation ...
Clock ticks for China Cosco as it faces Shanghai delisting China Cosco Holdings, the flagship unit of Cosco Group, expects to 'record a significant net loss' for 2012, which sets the company on track to receive a delisting ...
Vernicos at it again A leading Greek tug and salvage contractor appears to be closing in on the acquisition of two terminal tugs, TradeWinds has learned.
TOTE converts twins Totem Ocean Trailer Express (TOTE) has firmed up a deal with General Dynamics Nassco to convert two of its diesel electric ro-ros to LNG propulsion.
Teenage wasteland? Many owners have been encouraged to accelerate the pace of their fleet renewal programmes in response overcapacity, lacklustre freight rates and a spike in scrap prices but some may be turning on the torch too soon.
ECA takes centre stage The Export-Important Bank of China (China Exim) is poised to become an increasingly important source of capital for shipowners in the years to come, according to Nigel Thomas of Watson, Farley & Williams.
Lauritzen clinches cash J Lauritzen of Denmark has secured some of the cash it needs to fund the acquisition of three chemical carriers under construction in China.
Soccer not ships Saga Tankers has swapped its interest from ships to soccer, it emerged today.
Evergreen in Med run Taiwan's Evergreen Line is launching a new containership service in the eastern Mediterranean.
Norden hits dry double Norden has taken a couple of panamaxes on period deals to continue a rush of term business.
Navios Partners cut JP Morgan has dimmed its view of Navios Maritime Partners despite a strong fourth quarter showing.
Neste swings jobs axe Finnish tanker owner Neste Shipping is cutting up to 130 jobs in a bid to secure its future.
Sudden spot spike The North Sea spot market was given a massive boost today after two anchor handlers were fixed at up to NOK 1m ($181,000) per day apiece.
Bulker's ice battle Icy conditions have reportedly trapped a Korean bulker near the coastline of eastern Russia.
Dole eyes renewal US fruit group Dole is ready to invest in newbuildings to lower the age of its reefer fleet.
New tune for Cosco Sing' Cosco Corp (Singapore) has seen a potential $108m offshore contract come to life.
Mercator in dredging deal Mercator has picked up a near $40m contract for dredging work at a port in East India.
Cosco sell-off ahead? China Cosco Holdings could look to cash in some of its ships as it battles to get back into the black, analysts say.
SNCF to hand over cash The French ferry company that took on employees from collapsed SeaFrance has won a vital pay-out promised during its bankruptcy.
Ugland orders bulk duo Norway's JJ Ugland has returned to Japan's Tsuneishi group for two more supramax newbuildings.
VLs take a beating VLCC rates plunged by over 80% last week as oversupply and slowing US imports hurt an already weak market.
Hurtigruten cuts back Hurtigruten plans to let go over a quarter of its land-based Nordic workforce in an effort to cut costs.
Eleven dead in Kenya At least 11 people have been killed in Kenya after a truck lost control on a ferry ramp.
Daewoo profit plunges Daewoo Shipbuilding & Marine Engineering has posted an 82% fall in 2012 earnings as margins tightened.
Five set free Nigerian pirates have released a crew of five who were snatched from a tanker in December.
Cosco braces for deeper red China Cosco Holdings has braced investors for a loss of over $1.5bn in 2012.
Three-to-one in 2012 Three bulk carriers were delivered for everyone sent for demolition in three of the four major segments last year.
Amina back in Iran A fugitive Iranian bulker has made it back home after fleeing arrest in Sri Lanka, according to ship-tracking data.
Nanjing East inks duo China's Nanjing East Star Shipbuilding has added two maintenance vessels to its orderbook.
New line for Libya Tunisian shipowner Compagnie Tunisienne de Navigation (CTN) is launching a new ro-ro run to Libya.
China duo demo bound Two more capesizes are said to be heading for demolition as the volume of such ships scrapped so far in 2013 tops 1mdwt.
Tyne looks to biomass The UK's Port of Tyne is looking to expand its wood pellet handling facilities as part of £180m ($283m) investment plans for the port.
Brightoil wins waivers Brightoil Petroleum has obtained waivers in principle related to a potential breach of a bank loan covenant.
ILA, USMX to resume contract talks Sources say little headway was made last week in talks between the union and New York Shipping Association where employers are attempting to bring costs and productivity more in line with other U.S. East and Gulf coast ports.
New C-TPAT director has big 'to-do' list Lauren Kaufer previously was acting director of U.S. Customs' personnel security division in the Office of Internal Affairs. She is a former civil litigation attorney and a graduate of CBP's Leadership Institute.
Schiphol's e-freight initiative ends
U.S., Japan enter new beef trade agreement
WEF: Supply chain barriers more important than tariff barriers
Transloading has ramifications for on-dock rail
CSX to invest $2.3 billion, expands NE intermodal capacity The railroad's investments reflect the profitability of the freight railroads and their desire to keep up with growing demand as the population, highway congestion, international trade and U.S. reindustrialization increase.
COSCO issues profit warning for 2012 In a statement to the Hong Kong Stock Exchange, China COSCO Holdings Co. Ltd. warned that it expects "to record a significant net loss" for 2012, in contrast to its profit of 10.4 billion Chinese yuan renminbi ($1.7 billion) in 2011.
J.B. Hunt plans aggressive 2013
Wabash National expands portfolio
Coyne Airways moves into Africa
Volvo buys stake in Asian truck manufacturer
Consultant extradited to U.S. for Ex-Im Bank fraud
Orient Overseas (International) Limited (OOIL), the subsidiary of the Chinese shipping group COSCO Shipping Holdings that operates containerized maritime transport services with ...
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