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RSS News from Lloyd’s List – Containers

  • Speculation grows over MSC top management shake-up November 15, 2019
    MSC management remain quiet on rumours of a top level shake-up, but industry speculation suggests that veteran chairman Gianluigi Aponte...      Related StoriesEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker marketIMO snubs mandatory speed limits 
  • Global Freight Awards 2019 winners announced November 15, 2019
    We reveal the rundown of freight and logistics companies that walked away with gongs from this year’s Global Freight Awards...      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • Shipping must collaborate to avoid cargo-related fires, industry told November 15, 2019
    A revision to the special provisions in the International Maritime Organization’s code of practice for the packing of cargo transport units...      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • Maersk to maintain cost focus following Toft departure November 15, 2019
    The loss of its chief operating officer will not distract Maersk from continuing to drive its operating costs down      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • The Interview: Bronson Hsieh November 15, 2019
    After three years at helm, the chairman of Taiwan-based Yang Ming has put the idea of ordering super-sized boxships on...      Related StoriesThe Interview: George EconomouShipping’s low-emission drive should follow the auto leadSamskip open to further M&A activity 
  • Maersk lowers container growth outlook November 15, 2019
    ‘The organic volume growth in Ocean is now expected to be slightly below the estimated average market growth’ of 1%...      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • Seaspan to acquire fleet of six containerships November 14, 2019
    The six ships, totalling some 59,700 teu in capacity, now operate under long-term charter with ‘a leading global liner’      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • Misdeclared cargoes accounting for more container fires November 14, 2019
    Current statistics show that a serious fire is occurring every 30 days, rather than every 60 days, says TT Club...      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • Hong Kong — The gateway to mainland China and the rest of the world November 14, 2019
    Located at the heart of Asia and close to the Pearl River Delta, Hong Kong offers the maritime sector an...      Related StoriesGlobal Freight Awards 2019 winners announcedShipmanagers are uniquely placed to speak for the industry 
  • Hapag-Lloyd could return to yards next year November 14, 2019
    A slowdown in orders and expected increase in scrapping should keep the supply side in equilibrium during the next two...      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • Lack of confidence among exporters hitting air and ocean freight November 14, 2019
    Exporters of maritime cargo face additional questions arising from IMO 2020 rules requiring shipping lines to cut sulphur emissions next...      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • HMM’s bulk shipping helps reduce losses November 14, 2019
    South Korean carrier has again warned of risks brought by the worldwide geo-political uncertainties      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • Viewpoint: A life of crime November 14, 2019
    Those at sea have been warned never to trust their instruments implicitly, while they all, in theory, have alternative means...      Related StoriesMulti-fuel future calls for team work in advocacyAnswer five questions to make better greenhouse gas policies at the IMOReprieve for Cosco tankers to unnerve investors 
  • Hapag-Lloyd profit increases on higher freight rates November 14, 2019
    Full-year earnings expected to be at upper end of guidance      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • Yang Ming losses widen on weak cargo demand November 13, 2019
    Company saw T$1.4bn losses from not exercising the buy options for certain vessels that it sold and leased back earlier      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • Hapag-Lloyd names new chief financial officer November 13, 2019
    Mark Frese will take up the CFO role at the German container shipping line next March      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • Transpacific box trade heading for first contraction in a decade November 13, 2019
    Port throughput and trade figures indicate no frontloading boost for carriers in 2019      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • RCL takes third-quarter hit on plunging freight rates November 13, 2019
    The intra-Asia trade’s strong potential for growth has attracted new players and intensified competition. The downside of this competition is...      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • Shipping edges towards mandatory R&D fund November 12, 2019
    A proposal under consideration by five industry associations could force ships to pay $2 for each tonne of fuel they...      Related StoriesSpeculation grows over MSC top management shake-upEU opens tax probe into Italian portsSovcomflot benefits from stronger tanker market 
  • Freight forwarders criticise detention and demurrage process November 12, 2019
    Freight forwarders call for more transparent and business-orientated process      Related StoriesThe Lloyd's List Podcast: Have mandatory speed limits hit a road block?Russia key to global seaborne coal marketGlobal oil and LNG trades ‘transformed’ by moving supply and demand geography 

RSS News from JOC Journal of Commerce

  • NY-NJ trucker classification battle advances November 15, 2019
     [caption caption="Trucking companies in the Port of New York and New Jersey fear that a proposed bill in the New Jersey legislature would make it harder for drivers that want to remain independent contractors, rather than employees, to do so. Photo credit: Hugh R. Morley"][/caption]New Jersey lawmakers are rapidly advancing...
  • US freight volumes decline amid mixed economic signals November 15, 2019
    [caption caption="The Cass Freight Index has been negative for 11 months on an annualized basis. Photo credit: Shutterstock.com."][/caption]United States freight shipments have declined for 11 consecutive months, eliminating the volume surge of 2018 and flattening the “Trump Bump,” according to the latest Cass Freight Index report. The shipments index dropped...
  • Trans-Pacific container spot rate drop caps weak peak November 15, 2019
    [caption caption="Eastbound trans-Pacific spot rates slipped for the second straight week, and there’s little sign the next round of tariffs on imports from China is boosting freight volumes. Photo credit: Shutterstock.com."][/caption]Spot rates in the eastbound Pacific dropped this week, a sign that the traditional peak-season increase in imports from Asia...
  • Toft move a dawning of new era at MSC November 15, 2019
    [caption caption="All signs point to an announcement coming soon about ex-Maersk COO Søren Toft joining rival Mediterrean Shipping Co. as CEO. Photo credit: Shutterstock.com."][/caption]Søren Toft joining Mediterranean Shipping Co. as CEO would be the biggest change at a company that has been private and family-run since its founding 50 years...
  • Is Canada the light at the end of the PSR intermodal tunnel? November 15, 2019
    [caption caption="Canadian railroads are the poster child for a scenario in which performance will prove attractive to shippers once the potentially disruptive transition to PSR is completed. Photo credit: Shutterstock.com."][/caption]Those who have been watching the precipitous decline in United States domestic intermodal activity thus far this year have been able...
  • Scrubbers are wild card for container shipping edge November 15, 2019
    [caption caption="The rising role and risk of scrubbers — now set to be installed on 10 percent of the container ship fleet by 2020, double what was estimated at the start of the year — illustrates the challenge container lines have in mitigating their largest operating cost: fuel. Photo credit:...
  • Maersk increases profitability in weakening container market November 15, 2019
    [caption caption="A focus on profitability is continuing to pay off for Maersk Line. Photo credit: Shutterstock.com."][/caption]Maersk Line rode declining bunker prices in a weakening container shipping environment to increased third quarter profitability on a bump in volume while shrugging off a drop in average rates. Flat revenue of $7.3 billion in...
  • VIDEO: Opportunity in complexity — Xeneta's Berglund on supply chain solutions November 14, 2019
    "There's a growing appetite to re-evaluate the buying-selling relationship," in freight contracting, says Xeneta CEO Patrik Berglund. The JOC Container Trade Europe Panelist discusses lost opportunities to market bigger picture changes, the generational shift in tech adoption, and the one element in any logistics solution that is always both a...
  • Abu Dhabi Ports to link with India’s digital freight portal November 14, 2019
    [caption caption="Thanks to various outreach efforts, industry participation in India’s digital port platform has increased considerably in recent months. Photo credit: DP World Subcontinent."][/caption]In a significant breakthrough for India’s digital transformation in supply chains, Abu Dhabi Ports (ADP) has agreed to become the first global partner for an online port...
  • Danny Wan named executive director at Port of Oakland November 14, 2019
    [caption caption="Danny Wan takes over as head of the Port of Oakland at a time when the port is seeing gains in revenue and container volumes. Photo credit: Shutterstock.com."][/caption]Danny Wan, who served as attorney for the Port of Oakland for six years, has been appointed executive director of the port...
  • VIDEO: Freight procurement is going to have a new look November 14, 2019
    Carolyn Glynn, director, imports, Sealink International provides a recap of the JOC LogTech19 Conference panel on automation of freight procurement, the question of contracts that don't hold carriers to their allocation commitment, and how this movement will change the very meaning of procurement.JOC LogTech19, Las Vegas...
  • Landmark judgment puts ILWU on its heels November 14, 2019
    [caption caption="The ILWU for two decades has used work slowdowns along the West Coast as leverage against employers without ever having to pay a financial price for that strategy. Photo credit: Shutterstock.com."][/caption]Last week’s landmark $93 million judgment against US West Coast longshore workers to compensate for years of work slowdowns...
  • Virginia unveils plan to reverse falling export volumes November 14, 2019
    [caption caption="Virginia Gov. Ralph Northam (speaking) released a nine-page plan to increase exports by 2035 but provided few details on how to accomplish the goal, citing competitive concerns. Photo credit: Office of the Governor."][/caption]Virginia Governor Ralph Northam wants to reverse a decline in containerized exports from the state, in large...
  • Hapag-Lloyd targets profitability as volume slips November 14, 2019
    [caption caption="A strategy of increasing profitability rather than market share is emerging at German carrier Hapag-Lloyd. Photo credit: Shutterstock.com."][/caption]Hapag-Lloyd reported a slight decrease in volume in the third quarter, but at the same time improved its freight rate per TEU, allowing the carrier to boost its profitability.Apart from the volume...
  • NY-NJ enters big-ship era in stride with energized leadership November 14, 2019
    [caption caption="Port Newark Container Terminal is one of two terminals at the Port of New York and New Jersey undergoing upgrades as a new leadership team charts the port"][/caption]With one in eight vessels arriving at the Port of New York and New Jersey now greater than 10,000 TEU, and an...
  • New Jersey considers classification legislation for truckers November 13, 2019
    [caption caption="Truckers in the Port of New York and New Jersey fear that a proposed New Jersey law would make it tougher for owner-operators to prove that they are not employees. Photo credit: Hugh R. Morley."][/caption]New Jersey senators are set to begin debate Thursday on legislation that would push the...
  • China import plunge marks weakening trans-Pacific outlook November 13, 2019
    [caption caption="Imports from Asia in the first 10 months of 2019 increased just 0.2 percent amid the US-China trade war. Photo credit: Shutterstock.com."][/caption]United States imports from China this year are down 6.9 percent through October, accelerating a downward trend in eastbound trans-Pacific container volumes that is expected to last through...
  • YRCW takes reorganization to a new level November 13, 2019
    [caption caption="YRC Worldwide expects to have about 64 fewer standalone terminals by the end of 2020. Photo credit: YRC Worldwide."][/caption]Ten years after a near-fatal brush with bankruptcy, YRC Worldwide once again is resizing and reorganizing its less-than-truckload (LTL) network, in some cases bringing regional and national subsidiaries under the same...
  • Loss-making Yang Ming expects boost from expanded alliance November 13, 2019
    [caption caption="Yang Ming is cutting its losses, but still struggling to return a profitable result. Photo credit: Shutterstock.com."][/caption]Yang Ming is anticipating solid benefits from the addition of HMM to THE Alliance in April next year as the perennial loss-making carrier struggles to claw its way closer to profitability.A decision to...
  • Hong Kong protests force Asia airlines to scrap industry event November 13, 2019
     [caption caption="The annual AAPA Assembly of Presidents event, to be held in Hong Kong next week and hosted by Cathay Pacific, has been called off because of escalating protest action in the city. Photo credit: Shutterstock.com."][/caption]An influential annual gathering of CEOs and senior executives from Asia-Pacific airlines scheduled for Hong...

RSS News from Container Management

  • Port of Los Angeles warns of “crippling” impacts of trade war November 15, 2019
    A new study conducted for the Port of Los Angeles indicates that tariffs threaten nearly 1.5m US jobs and more than US$186bn of economic activity nationwide. The potential risks are based on the impact of tariffs levied on cargo handled by the San Pedro Bay port complex, which covers Los Angeles and Long Beach, the […]
  • Papua New Guinea terminals and new services help boost ICTSI’s Q3 results November 15, 2019
    International Container Terminal Services Inc. (ICTSI) has reported a 10% year-on-year increase in revenue from port operations for the first nine months of 2019 to US$1.1bn as throughput grew by 6% to 7.6m teu in the same period. The increase in volume was mainly attributed to continuing ramp-up at ICTSI’s new terminals in Lae and […]
  • First Konecranes RTGs in Morocco for Port of Tangier November 14, 2019
    The Port of Tangier has ordered 16 rubber-tyred gantry (RTG) cranes, which will be the first Konecranes container cranes in Morocco, for its new container terminal TC3 at Tanger Med 2. The RTGs will have a lifting capacity of 40 tonnes, lifting containers 1-over-5 high and seven container rows wide plus truck lane. Additionally, they […]
  • Tideworks establishes intermodal division and expands Florida presence November 14, 2019
    Tideworks Technology, a full-service provider of terminal operating system (TOS) solutions, is to create a dedicated intermodal division located in Jacksonville, Florida. The company plans to hire additional staff focused on intermodal customer success, technology and sales to augment its current Jacksonville workforce. Given the growth of its team in Florida, Tideworks will relocate its […]
  • DP World signs MoU with Namibia’s Nara Namib to develop Walvis Bay free economic zone November 13, 2019
    DP World has signed a Memorandum of Understanding (MoU) with Namibia’s Nara Namib Free Economic Industrial Zone today to develop a free economic zone for industry and logistics in Walvis Bay. The facility at Walvis Bay will provide businesses with development-ready land for industrial and logistics operations, pre-built warehouses and office accommodation. A gross developed […]
  • Nexxiot to equip VTG’s entire tank container fleet with IoT sensors November 13, 2019
    From spring 2020, Nexxiot will equip VTG Rail Europe’s entire tank container fleet with Internet of Things (IoT) sensors, so that they can be located and monitored worldwide. All of the 9,000 tank containers will be equipped with ‘Globehopper’ sensors developed by Nexxiot, aiming to bring more transparency and planning capability to VTG’s processes as […]
  • Søren Toft steps down as Maersk Line COO November 12, 2019
    A.P Møller – Maersk’s chief operating officer (COO) Søren Toft has left the company and current CEO Søren Skou has taken on the role in the interim. Toft worked for Maersk for a total of 13 years and has held many roles, first joining the company as the vice president area line and operations manager […]
  • Red Sea Gateway Terminal purchases two STS cranes November 12, 2019
    Red Sea Gateway Terminal (RSGT) in Jeddah has bought two new ship-to-shore (STS) cranes, as it looks to accommodate the latest generation of ultra-large container ships (UCLS) now in service. The cranes, which have a 70 m reach and a 52 m height from rail level, are worth US$22m, bringing RSGT’s total STS crane deployment […]
  • Exports up 11% at the Port of Oakland November 11, 2019
    The Port of Oakland saw export volumes rise by 10.8% in October, amidst reports that the US-China trade war could be easing. Port of Oakland maritime director John Driscoll said: “Our export customers have demonstrated their resilience throughout this tariff standoff. For their sake, we hope the conflict is resolved and overseas business can grow […]
  • Port of Durban welcomes maiden call from new Hapag-Lloyd MIAX service November 11, 2019
    The first vessel on Hapag-Lloyd and Ocean Network Express (ONE)’s new Middle East-India-Africa Express (MIAX) joint-service has arrived at the Port of Durban. Transnet National Ports Authority (TNPA) and Transnet Ports Terminals (TPT) welcomed the 2011 MV New Jersey Trader containership, which flies the flag of Malta, at the port on November 5, 2019. A […]
  • Ashdod Port looking for start-ups to take greater role in port activities November 8, 2019
    Ashdod Port is inviting start-ups to participate in a new project spearheaded by Israel’s Innovation Authority, aiming to help develop technologies and products for the port’s core fields. As part of the project, the port will provide the winning companies with an experimental area with overseas potential. In this area, personnel from start-ups can conduct […]
  • Guatemala accredits APMT Quetzal as an Authorised Economic Operator November 8, 2019
    APM Terminals (APMT) Quetzal has been accredited as an Authorised Economic Operator (AEO) by Guatemala’s Superintendence of Tax Administration (SAT), achieving a 100% compliance rating through its transparency and security. The facility’s terminal operating system (TOS) optimises its security, control and cargo management and enables customs and customers to work together as efficiently as possible. […]
  • Seaboard Marine to provide advanced end-to-end IoT based visibility across its assets November 7, 2019
    Globe Tracker has partnered with the largest network operator at sea, Wireless Maritime Services (WMS) to bring real-time reefer monitoring to Seaboard Marine via a multi-year, multi-ship agreement. This has made Seaboard Marine the world’s first container ocean line to implement a truly portable, fully 24/7 monitored, 4G LTE based private cellular and integrated satellite […]
  • HHLA expands mega-ship capacity with three new gantry cranes for Burchardkai November 7, 2019
    Hamburger Hafen und Logistik AG (HHLA) received three new container gantry cranes for its Container Terminal Burchardkai (CTB) to provide additional capacities for ships with cargo volumes over 23,000 teu. The state-of-the-art cranes arrived at their temporary berth at Athabaskakai onboard the Zhen Hua 27 vessel on November 5, 2019, where preparations for the complex […]
  • Carrier Transicold launches digital tool and new active CA system November 6, 2019
    Carrier Transicold launched a digital tool to add cargo visibility at Intermodal Europe as well as a new active Controlled Atmosphere (CA) system to preserve the quality of perishable cargo. The EverFRESH CA system aims to optimise the balance of oxygen and carbon dioxide within a refrigerated container, slowing respiration and the natural ripening of […]
  • Indonesian shipping line to deploy CyberLogitec’s digital solution November 6, 2019
    Indonesian shipping company Meratus Line has signed a contract to deploy Allegro SaaS, CyberLogitec’s container carrier operations solution. The carrier operates a fleet of 56 vessels, 40,000 box containers and 30 container liner services connecting over 30 major ports across the Indonesian archipelago. The software as a service (SaaS) solution offers a pay-per-use model built […]
  • Christian Blauert steps down from position as CEO of Yilport November 5, 2019
    Christian Blauert, CEO of Yilport Holding, has resigned from his post at the Turkish terminal operator, effective from December 15, 2019. Blauert had joined the company as chief operations officer in May 2015 before becoming CEO in June 2016. He stated: “After being in charge for more than three years and working very closely with […]
  • Joint venture between DP World and Terminal Link wins concession in Le Havre Port November 5, 2019
    The joint venture between DP World and Terminal Link, named PortSynergy Group (GMP) has been awarded the service concession for the construction and operation of berths 11 and 12 at Port 2000 in Le Havre. GMP will now invest in two new container berths spanning across 700 m, as it looks to cater to trade […]
  • Data services platform launched in Le Havre November 4, 2019
    Five public and private partners have launched an experiment for the development of a ‘Smart Data Services’ platform in Le Havre, designed to deliver services in the urban and port ecosystem by enhancing data ‘valorisation’. The partners comprise HAROPA – Port of Le Havre, Le Havre Seine Metropole, Orange, Cisco and SOGET. The aim of […]
  • Liebherr delivers three RTGs to CSX Intermodal Terminals November 4, 2019
    Liebherr Container Cranes has delivered three rubber-tyred gantry (RTG) cranes to CSX Intermodal Terminals (CSXIT), aiming to deliver fuel savings of up to 40%. Two of the machines have gone to Bedford Park in Chicago while the other one headed to Worcester, Massachusetts. The two RTGs for Bedford Park stack six containers and truck lane […]

RSS News from CN – Container News

  • Eco-friendly vehicles enhance Port of San Diego November 15, 2019
    As an environmental champion of San Diego Bay and its diverse ecosystems, the Port of San Diego The post Eco-friendly vehicles enhance Port of San Diego appeared first on Container News.
  • MSC supports hurricane relief of Bahamas November 15, 2019
    The Bahamas has been rebuilding ... The post MSC supports hurricane relief of Bahamas appeared first on Container News.
  • Tariffs take toll on Port of LA October volumes November 15, 2019
    The Port of Los Angeles moved 770,189 TEUs in October, a 19... The post Tariffs take toll on Port of LA October volumes appeared first on Container News.
  • DHL ramps up its rail network and service along the new silk road November 15, 2019
    Three new European Rail Competence Centers in France, Italy, and the UK provide customer servi... The post DHL ramps up its rail network and service along the new silk road appeared first on Container News.
  • Navis MACS3 on board of two Evergreen’s newbuilding series November 15, 2019
    Navis, a part of Cargotec Corporation, and the provider of maritime software solutions for cargo and vessel performance and compliance, announced that MACS3 loading computer will be installed on two newbuilding series of container vessels owned and operated by Taiwan-based Evergreen Marine Corporation. Due to the owner’s decision to have this loading computer installed, they are moving to […]
  • New Vectron locomotives for Metrans November 15, 2019
    Metrans, a subsidiary of Hamburger Hafen und Logistik AG, received the first Vectron... The post New Vectron locomotives for Metrans appeared first on Container News.
  • HHLA continues its success, but uncertainties on the rise November 15, 2019
    – Group revenue increases by 8.3 percent; Group operating result (EBI... The post HHLA continues its success, but uncertainties on the rise appeared first on Container News.
  • Port of Dover wins ESPO Award 2019 November 14, 2019
    On November 13, Port of Dover was awarded the ESPO Award 2019 in recognition of its successful strategy to r... The post Port of Dover wins ESPO Award 2019 appeared first on Container News.
  • Hapag-Lloyd increases prices from East Asia November 14, 2019
    Hapag-Lloyd announces the following Ocean Tariff rates for all cargoes in 20’ and 40’ General Purpose (i... The post Hapag-Lloyd increases prices from East Asia appeared first on Container News.
  • Port of NY & NJ shows strong numbers in Sept November 14, 2019
    The Port of New York and New Jersey monthly cargo volumes continue to increase ... The post Port of NY & NJ shows strong numbers in Sept appeared first on Container News.

RSS News from Tradewinds

RSS News from The Loadstar

  • Transpacific routes hit hardest as container spot rates take another tumble November 15, 2019
    Container spot rates across the board fell this week, according to today’s reading of the Shanghai Containerized Freight Index (SCFI). Overall, the index shed 4.8% as all but a few minor routes saw spot rates tumble. The biggest losses were on the transpacific, where both the two US components of the SCFI lost value. For […]
  • ‘Strong operational performance’ in Q3 keeps Maersk on course November 15, 2019
    Maersk delivered a strong result across its shipping, logistics, services and terminals portfolio in the third quarter, despite a decline in top-line revenue. Turnover was down by just under 1% on the same quarter of last year, to $10.1bn, but ebitda increased 14% to $1.7bn, and net profit climbed to $520m, against an impairment impacted […]
  • Returning chartered ships makes a dent in Yang Ming results November 15, 2019
    Taiwanese container shipping line Yang Ming yesterday reported consolidated third-quarter revenues of NTD37.78bn (US$1.22bn) on the back of a 2% increase in volumes to 1.44m teu. However, its operating result was hit “by its strategic decision to not exercise options with respect to certain formerly chartered vessels”. Its net loss for the third quarter was […]
  • Lifetime achievement award for BIFA’s Robert Keen November 15, 2019
    Robert Keen (pictured above, middle), director general of the British International Freight Association (BIFA), has been presented with a lifetime achievement award at the Global Freight Awards.  Mr Keen has worked in the industry for some 50 years, at a number of freight forwarders. He joined BIFA in 1999, becoming executive director a decade later, and DG in […]
  • Eric Brandt is Crane Worldwide’s new vice president of sales for US east November 15, 2019
    Crane Worldwide Logistics has appointed Eric Brandt (pictured above) as its new vice president of sales in its US east region Mr Brandt will be based in in New York and has worked in the logistics industry for almost 20 years. He has significant experience in freight forwarding, contract logistics solutions and final-mile distribution, with […]
  • Analysis: DHL GFF – how to approach a sleeping bear November 15, 2019
    I was in Hamburg this week, where my contacts, rather surprisingly, barely mentioned DHL Global Forwarding, Freight (DHL GFF) and the latest performance of its air, ocean and road freight activities. Perhaps I landed in the wrong city, I silently complained mid-way through its interims on Tuesday. Most of the talk surrounded DB Schenker and […]
  • On the wires: Søren Toft, MSC steal Maersk’s thunder in November rain  November 15, 2019
    “While the global container demand, as expected, was lower in Q3 due to weaker growth in the global economy, AP Moller-Maersk continued to improve the operating results. We delivered strong free cash flow and a return on invested capital of 6.4% as a result of strong operational performance in Ocean, higher margins in Terminals and […]
  • Hapag-Lloyd ‘profit before market share’ strategy pays dividends November 14, 2019
    Hapag-Lloyd succeeded in putting “profits over market share” in its third quarter, according to container shipping analyst Lars Jensen. The carrier posted a net profit of $168m in Q3, achieved from higher average freight rates on flat volume growth. For the nine-month period, net profit was $333m, which compares with a surplus of just $15m for […]
  • HMM reports more losses in Q3, but cost-cutting efforts prove valuable November 14, 2019
    South Korean carrier Hyundai Merchant Marine today reported a third-quarter operating loss of KRW46.6bn (US$39.8m), representing a 62.1% year-on-year improvement on last year’s Q3 loss of KRW123.1bn. The company said the improvement largely came about as a result of its cost reduction efforts. “HMM has achieved a significant reduction in its operating loss as compared […]
  • Profits rise as Agility continues to forge ahead with digital development November 14, 2019
    Agility, which is aligning itself in the ‘digital’ forwarder category, has announced a mixed set of results for its third quarter, as challenges in the freight forwarding industry hit its logistics division.  Its Global Integrated Logistics (GIL) business saw ebitda fall 1% year on year to KWD7.8m ($25.6m), which, the company said, was down to increased operating […]

RSS News from Transport Topics

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January 2018

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