Home » Resources

Resources

Share

RSS News from Containerization International

RSS News from JOC Journal of Commerce

  • Deeper channel allows more mega-ship calls at JNPT February 19, 2019
    [caption caption="The project to deepen Jawaharlal Nehru Port Trust (JNPT) from 14 meters to 15 meters (50 feet) was made possible by a public investment of about Rs. 2,000 crore ($282 million). Photo credit: JNPT."][/caption]More large container ships are expected to start calling Jawaharlal Nehru Port Trust (JNPT) following the...
  • Container carriers rewrite game plans February 19, 2019
    [caption caption="Diverging carrier strategies could have an impact on customers as firms look to differentiate themselves in a largely commoditized market. Photo credit: Shutterstock.com."][/caption]When 10 out of the top 20 major container carriers over the past four years ceased to exist as independent entities, or entirely in the case of...
  • Maersk call aids AECT volume gains February 19, 2019
    [caption caption="The Adani Ennore Container Terminal (AECT) handled just 4,028 TEU during its first ten months in operation, but has total throughput jumped to 31,373 TEU in the three months since since Maersk Line began calling AECT regularly on its Chennai Express Service (CHX). Photo credit: Adani Group."][/caption]The Adani Ennore...
  • Bureaucracy stymies post-Brexit customs prep February 18, 2019
    [caption caption="The UK is the port of Antwerp's second-largest trading partner, and customs issues are emerging as one of the most likely sources of disruption in a no-deal Brexit. Picture credit: Port of Antwerp"][/caption]Until just a few weeks ago, customs organizations in Europe were prohibited by Brussels from contacting their...
  • NY-NJ port hiring 650 as volume grows February 15, 2019
    [caption caption="Longshoremen to be hired at the Port of New York and New Jersey in the coming months will take a range of positions aimed at improving efficiency. Photo credit: Hugh R. Morley."][/caption]The Port of New York and New Jersey will hire more than 650 longshoremen and checkers over the...
  • Imports squeezing US Gulf warehousing space February 15, 2019
    [caption caption="The overall industrial vacancy rate in Houston stood at 5 percent in the final quarter of 2018, the lowest level in two years. Photo credit: Shutterstock.com."][/caption]Already low vacancy rates for warehouse and distribution space in the Gulf Coast region are projected to edge even lower this year. Growing imports...
  • XPO on growth track despite big customer loss February 15, 2019
    [caption caption="XPO Logistics expects adjusted EBITDA to increase of 6–10 percent to $1.65–1.73 billion in 2019, down from a December target of 12–15 percent growth and a prior projection of 15–18 percent. Photo credit: Shutterstock.com."][/caption]XPO Logistics is about to lose $600 million in business from its largest customer, but that’s...
  • What’s the Issue with Enforcing the USMCA? February 15, 2019
    In the coming months, US lawmakers will face the important task of choosing to ratify the United States-Mexico-Canada Agreement (USMCA) or not. Those are the only two choices under the Fast Track authority, which forces a straight up or down vote in Congress. Precisely which way Congress will vote is still...
  • Saudi ban spoils outlook for Brazil chicken exports February 15, 2019
    [caption caption="Brazil exported 4.1 million million tons of chicken at a total value of $6.57 billion in 2018, year-over-year declines of 5.1 percent and 9.2 percent, respectively. Photo credit: Shutterstock.com."][/caption]The growth prospects for exports of chicken from Brazil took a hit late last month when Saudi Arabia imposed a ban...
  • DSV bid reveals Panalpina shareholder divide February 15, 2019
    [caption caption="DSV has made a second bid for Panalpina, increasing the offer price by 6 percent and making it an all-cash offer as opposed to the cash-shares bid made earlier this year. Photo credit: Panalpina."][/caption]Danish forwarder DSV’s purchase offer for Panalpina — increased by 6 percent to around $4.2 billion...
  • CH Robinson: No US truckload slowdown in sight February 14, 2019
    [caption caption="C.H. Robinson saw its revenue increase across all three of its primary transport modes in 2018, with truckload up 17.6 percent, LTL up 15.8 percent, and ocean rising 7.7 percent from the previous year. Photo credit: Shutterstock.com."][/caption]The US truckload market has found its new “balance” after a chaotic year,...
  • Vancouver port launches rail upgrades amid delays February 14, 2019
    [caption caption="Cargo volume at the port of Vancouver is increasing faster than capacity, increasing container dwell time and causing rail delays. Photo credit: Shutterstock.com."][/caption]An agreement signed Thursday by the port of Vancouver, Canadian National Railway, and the Canadian federal government will upgrade rail infrastructure in order to reduce excessive container...
  • New technology driving US West Coast port automation February 14, 2019
    [caption caption="APM Terminal’s pilot project at its Pier 400 terminal in Los Angeles will be the first in North America to use autonomous straddle carriers. Photo credit: Shutterstock.com."][/caption]APM Terminals’ plan to use unmanned straddle carriers at Los Angeles highlights a new path for other US West Coast marine terminals to...
  • Service integrations offer new trade compliance options February 14, 2019
    [caption caption="Global trade management software providers are more tightly integrating trade compliance with traditional logistics execution functions. Photo credit: Shutterstock.com."][/caption]Maersk Line’s acquisition of the customs house broker Vandergrift earlier this week should be seen by shippers as part of a larger movement within the logistics services and software space to more efficiently...
  • New Canaveral crane recovers fallen rockets February 14, 2019
    [caption caption="Port of Canaveral had crane manufacturer Liebherr add another 36 feet to the mast of its standard LHR 600 mobile harbor crane, making it tall enough to lift rocket boosters. Photo credit: Shutterstock.com."][/caption]When maritime ports talk about space, they are usually referring to acreage to accommodate terminal equipment, containers,...
  • Large US truckload carriers ‘rebalance’ business February 13, 2019
    [caption caption="“Our large shippers expect to see things take off” as the quarter enters its latter half, in late February and March, said CFI CEO Greg Orr. Photo Credit: Shutterstock "][/caption]Greg Orr isn’t buying the doom and gloom scenario for the US truckload market that some analysts and fellow truckers warn...
  • Montreal port restoring rail fluidity as volume surges February 13, 2019
    [caption caption="Average dwell times at the port of Montreal increased from 4–4.5 days at the end of 2018 to 6 days in January. Photo credit: Shutterstock.com."][/caption]The port of Montreal has been able to reduce average dwell times and still has more work to do to bring them down to two...
  • Flower shipments bloom for Miami port February 13, 2019
    [caption caption="Miami has been home to US flower imports since the 1990s, but what was once transported on a plane is being moved via ocean containers much more frequently than ever before. Photo Credit: Shutterstock"][/caption]Once flown exclusively by air, containerized ocean shipping has emerged in the last several years as...
  • CMA CGM: No special forwarding favors for CEVA February 13, 2019
    [caption caption="CMA CGM holds 33 percent of CEVA and is making a public share offer as part of a new, jointly developed strategic plan. Photo credit: Shutterstock.com."][/caption]CMA CGM chief financial officer Michael Sirat said CEVA Logistics will compete for the container line’s business along with other forwarders even as the...
  • Slim MPV/HL orderbook reveals suffering industry February 13, 2019
    [caption caption="Newbuild multipurpose and heavy lift vessels will likely replace older, smaller ships with lifting capacity of 100 metric tons or less. Photo credit: Shutterstock.com."][/caption]The newbuilding orderbook for multipurpose/heavy-lift (MPV/HL) ships with combined lift capacities of 300 metric tons or higher — i.e., “premium” lift capacities such as those used...

RSS News from Container Management

  • Panama Canal appoints new administrator to replace Jorge Quijano February 19, 2019
    The Panama Canal board of directors has appointed Ricaurte Vasquez as the next canal administrator, replacing Jorge Quijano on September 4, 2019. In an effort to deliver a smooth succession, Vasquez will soon begin a transition period under the  guidance of Quijano, who will be retiring after more than 40 years in the waterway, including […]
  • DP World begins construction of Free Trade Warehousing Zone at JNP February 19, 2019
    DP World has begun construction of the US$78m Free Trade Warehousing Zone (FTWZ) project at Jawaharlal Nehru Port (JNP). The project is the second investment under the Hundustan Infralog Private Limited (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF). DP World owns 65% of the joint venture, while […]
  • ICTSI inaugurates Georgian terminal expansion February 18, 2019
    International Container Terminal Services Inc. (ICTSI) inaugurated the expansion of its Batumi International Container Terminal (BICT), which aims to optimise the process of existing cargo flows and install additional capacity. The inauguration was attended by the Georgian minister of economy and sustainable development Giorgi Kobulia and the chairman of the government of the Autonomous Republic […]
  • Kalmar partners with Cummins for electric terminal tractor offering February 18, 2019
    Kalmar has chosen Cummins as the electrification solution provider for its terminal tractor offering as the manufacturer aims to offer electrically powered options across its entire equipment portfolio by 2021. Due to be launched in 2020, Kalmar’s Electric Terminal Tractor (KT2E) will be equipped with a 107 kWh lithium-ion battery capable of DC fast charge, […]
  • Container throughput strengthens Port of Rotterdam results February 15, 2019
    Container throughput at the Port of Rotterdam reached a high of 14.5m teu in 2018, a growth of 5.7% year-on-year, although crude oil, mineral oil products and agribulk fell. Growth in the container sector was led by full import containers and transhipment, which saw a 4.5% increase in tonnage, and led to a gain in […]
  • Chiquita launches new service from Central America to Europe February 15, 2019
    Chiquita Brands International has implemented a new dedicated and integrated container service, transporting bananas from Central America to Vlissingen port in the Netherlands. The new logistics service will operate five full container vessels in an effort to serve all Northern European destinations with the best transit time in the industry. According to the banana supplier, […]
  • Port of Tanjung Pelepas implements enterprise resource planning system February 14, 2019
    Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), a member of MMC Group has sealed an agreement with Ramco Systems Limited for the upgrading of PTP’s current Enterprise Resource Planning (ERP) system. The incorporation of the latest ERP system is part of PTP’s continuous effort in empowering its digital strategy and enhancing its operational efficiency. In addition, […]
  • DP World sues China Merchants Port Holdings over Djibouti Port February 14, 2019
    DP World has sued China Merchants Port Holdings Company (CM Port) over infringement of its exclusive port agreement with the Djibouti government. The UAE-based port operator accused CM Port of causing the Djibouti government to revoke DP World’s exclusive right to run the country’s ports in a legal filing obtained by FactWire. The concession agreement […]
  • Maersk acquires Vandegrift customs brokerage business February 13, 2019
    Maersk has areed to acquire Vandegrift Inc. – a New Jersey-based customs brokerage business in an aim to strengthen and broaden the company’s service offering to customers. Narin Phol, regional managing director of Maersk North America, said: “Vandegrift’s expertise and reputation enables us to place a trusted advisor in front of our customers to design […]
  • Turkish economy and Latin America growth boosts Yilport Holding’s results February 13, 2019
    Yilport Holding has recorded an excellent year as its worldwide terminals handled a total of 6.41m teu containers in 2018, representing a 5% year-on-year increase. The growth was mainly driven by the strong export performance of the Turkish economy, banana exports in Ecuador and containerisation investments which positively affected Latin America’s growth. In Turkey, throughput […]
  • Piraeus, Venice and Chiogga agree to strengthen cargo flow February 12, 2019
    The Port Authority of Piraeus’ CEO and the President of the North Adriatic Sea Port Authority has signed a Memorandum Of Understanding (MOU) with the aim to strengthen relations and cargo flows between the two ports. The two parties have plans to support infrastructural connectivity policies and port services aimed at fostering the commercial flows […]
  • SAAM to acquire all joint operations with Boskalis for US$201m February 12, 2019
    Sociedad Matriz SAAM S.A has signed a US$201m deal to acquire all towage operations jointly controlled with Royal Boskalis Westminster N.V. (Boskalis) in Brazil, Mexico, Panama and Canada. Once the deal is finalised, SAAM will own 100% of operations in these companies and as a result, will acquire 49% of the business in Mexico, Panama […]
  • Strong end-of-year results for Kalmar February 11, 2019
    Kalmar’s financial statements revealed a 23% year-on-year increase in orders, at a total value of €1,991m (US$2,254m), boosted by several major orders placed throughout 2018. By the end of the period, the manufacturer’s order book saw a 29% increase to €1,012m (US$1,145m) and at a total value of €1,618m (US$1,832m), sales steadily grew by 1%. […]
  • ICTSI enters into partnership with Navis across terminal portfolio February 11, 2019
    International Container Terminal Services, Inc. (ICTSI) and Navis have agreed to form a new global partnership, allowing the N4 platform to be adapted more easily to the terminal operator’s global footprint. The agreement features a “centralised pooled approach and global volume view”, aiming to support the Philippines-based company’s growth strategies around the world. According to […]
  • Steady growth for Konecranes in 2018 February 8, 2019
    Konecranes has recorded a steady growth for 2018, with a significant 26.9% year-on-year increase in order intake for the fourth quarter mostly attributed to two large orders. The two orders were 54 automated rail-mounted gantry cranes (ARMGs) to Khalifa Port in Abu Dhabi, announced in October, and an order for a single large process crane. […]
  • Savannah to serve six 14,000-teu vessels simultaneously by 2024 February 8, 2019
    Georgia Ports Authority (GPA) has launched its Big Berth/Big Ship programme, which will allow the Port of Savannah to simultaneously handle six 14,000 TEU vessels by 2024. Currently, Savannah’s Garden City Terminal is equipped to handle two of these vessels and by April of this year that number will increase to three. Griff Lynch, executive […]
  • Maersk introduces new virtual assistant February 7, 2019
    Maersk has planned to enhance its Remote Container Management (RCM) platform by introducing a virtual assistant, named Captain Peter, which is designed to assist customers along the journey of their cargo. A group of select customers have been testing technical improvements that aim to simplify the processes integrated into the RCM platform, set to be […]
  • Busy start to 2019 for ZPMC USA February 7, 2019
    In the first two weeks of 2019, ZPMC USA raised the last of four cranes for the South Carolina State Port Authority (SCSPA) in Charleston and offloaded four new ship-to-shore (STS) cranes at Virginia International Gateway Terminal. With this timeframe, it also raised the second of four cranes for Maher Terminals in Elizabeth, New Jersey, […]
  • DP World’s global volumes up to 71m teu February 6, 2019
    DP World handled 71.4m teu across its global portfolio of container terminals in 2018, representing 2.9% like-for-like growth, despite a decline at its UAE-hub due to a reduction in low-margin cargo. Volumes fell by 2.7% last year to 15m teu at its flagship facilities in the UAE although this was offset by steady improvements across […]
  • Positive growth for Port of Barcelona February 6, 2019
    The Port of Barcelona handled over 3.4m teu in 2018, an increase of 15% year-on-year attributed to an increase in containers moved by rail and an increase in transhipment. Transhipment increased by 35% while exports handled by the port rose 6.6% to 752,915 teu and imports grew by 3.5% to 580,892 teu. This result marks […]

RSS News from CN – Container News

RSS News from Tradewinds

RSS News from The Loadstar

  • Supply chain radar: Kuehne + Nagel and DSV begin deal talks February 19, 2019
    Market sources say that Danish 3PL DSV has come to terms with the idea of looking for another partner after finding it increasingly difficult to engage with Panalpina (PAN), which is drafting its own plan to grow inorganically. Once more the Danes are looking at Switzerland for a deal, but this time it is understood […]
  • BIFA set to launch young freight forwarders networking group February 19, 2019
    The British International Freight Association (Bifa) is set to launch a networking group for young forwarders in the UK. Launching in early March, the Bifa Young Forwarders Network (YFN) will both attempt to improve the promotion of forwarding as a sector for new recruits, and assist in their training. Training development manager Carl Hobbis said […]
  • Elbe deepening now crucial as throughput at port of Hamburg is still falling February 19, 2019
    Container throughput at the port of Hamburg declined for the second consecutive year in 2018. The port’s throughput was down to 8.73m teu, adding urgency to the completion of the long-awaited deepening and widening programme in the river Elbe. Although this represents a marginal 1% year-on-year fall in containers handled at Hamburg’s box terminals, it […]
  • Container manufacturers and lessors facing a tough year as prices tumble February 19, 2019
    The container manufacturing industry is on course to post a staggering loss this year. According to the latest research from Drewry Maritime Advisors, the cost of production is soaring above new box prices. Drewry’s Container Leasing, Census & Equipment Insight reports that in the fourth quarter last year, a glut of new containers forced down […]
  • Analysis: Panalpina creating a buzz unseen since Mr McLean invented containers February 19, 2019
    I am good, I thought, on Friday. The very original idea for my usual weekly analysis, is already drafted. The plan now is just to discuss the M&A probabilities and financials of two potential targets for Panalpina (PAN), in case the Agility (AGY) deal does not go through. Easy peasy? No. One, Dachser (DCH), is “out […]
  • Ricaurte Vasquez to be next administrator of the Panama Canal February 19, 2019
    The Panama Canal Authority has appointed Ricaurte Vasquez as its next administrator, succeeding Jorge Quijano, who concludes his seven-year term at the helm of the waterway. Mr Vasquez will assume the role on 4 September. “As part of the Panama Canal Authority’s autonomous institutional process, the board developed its evaluation criteria based upon an analysis […]
  • Supply chain radar: DSV – Panalpina – Agility: the vortex increases its pull February 19, 2019
    Investors following the DSV–Panalpina–Agility story are puzzled as to what could happens next, according to a New York-based portfolio manager I spoke to yesterday, echoing similar views of traders in London. One swallow “Agility (AGY) could swallow Panalpina (PAN) overnight, or just take it over and leave the foundation with a minority stake. Either way […]
  • 2M cancels another Asia-North Europe sailing as demand gets even softer February 18, 2019
    Maersk Line and MSC have been obliged to blank a further Asia-North Europe 2M loop at the beginning of next month due to weaker-than-expected demand prospects. The 14,500 teu Estelle Maersk (pictured above), deployed on the 2M’s AE2/Swan service, was scheduled to begin its westbound loading programme at Qingdao, China, on 2 March, but will […]
  • GPA unveils ambitious plans for huge expansion at the port of Savannah February 18, 2019
    Georgia Ports Authority (GPA) has underscored its ambition to maintain growth at the port of Savannah with plans to accommodate increasing numbers of ultra-large container vessels (ULCVs). An expansion programme unveiled on 5 February outlines ambitions for the port to be able to handle six 14,000 teu ships simultaneously by 2024. It can currently serve […]
  • Acquisitions pay off for Xpediator pre-Brexit as revenue jumps 54% February 18, 2019
    Xpediator (XPD) claims it is looking strong in the face of Brexit challenges after announcing that revenue surged 54% over the last 12 months. A trading update, issued by the 3PL in advance of its April annual results, showed income reached more than £179m in 2018, putting it in line with market expectations. Transport research […]

RSS News from Transport Topics

  • Diesel Jumps 4¢ to $3.006 a Gallon February 19, 2019
    The U.S. average retail price of diesel rose 4 cents to $3.006 a gallon, according to the Department of Energy. The price of crude oil climbed into the mid-fifty-dollar range, a three-month high, as international supplies tightened and concerns over a deeper trade war with China lessened.
  • FMCSA Grants Pyrotechnics Group ELD Exemption February 19, 2019
    The Federal Motor Carrier Safety Administration has granted certain members of the American Pyrotechnics Association reprieve from the electronic logging device rule.
  • Opinion: Amazon Innovations Force Supply Chain Change February 19, 2019
    Although widely regarded as innovative, Amazon’s business model has caused disruptive change, whether to its direct competitors or specific industries.
  • Caltrans Scrambles to Hire Road Maintenance Workers February 19, 2019
    Caltrans will consider hiring nearly anyone for 333 maintenance jobs it is trying to fill. The transportation department is on a spree to hire enough workers to improve road upkeep as called for in a 2017 gas tax bill that in November survived an initiative that would have repealed it.
  • Port Tampa Bay Soon Will Welcome Largest Cargo Ships in Port History February 19, 2019
    The biggest containerships ever seen in Tampa Bay will begin making weekly calls at Port Tampa Bay from Asia starting in May, port officials announced Feb. 19.
  • BUILD Infrastructure Grants Reduced in Recent Funding Deal February 19, 2019
    Funding for grants meant to assist states with infrastructure projects of regional significance was cut under the recently signed law ensuring federal agencies remain open through fiscal 2019.
  • CO2 Caps Coming for Trucks in European Union February 19, 2019
    European Union negotiators agreed to impose caps on carbon dioxide from trucks for the first time, stepping up the fight against climate change with a challenge to manufacturers such as Daimler AG.
  • Walmart Surges After Reporting Best Holiday Quarter Since 2009 February 19, 2019
    Walmart Inc. finally gave the U.S. retail sector some good news. The company brushed off the industry’s disappointing December sales with its best holiday quarter in at least a decade, soothing concerns about the sector’s outlook for 2019. Comparable sales for Walmart stores in the United States — a key performance barometer — rose 4.2% […]
  • GPS Trackit Acquires TSO Mobile, InTouch GPS, Fleet Trax February 19, 2019
    GPS Trackit, a provider of fleet management software, said it completed acquisitions of TSO Mobile of Miami, InTouch GPS of Lakeland, Fla., and Fleet Trax of Dallas in 2018.
  • January Tonnage Index Improves Over December and Year-Ago Levels February 19, 2019
    American Trucking Associations’ advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.3% in January after falling 1% in December.
  • DRiV Inc. to Emerge From Tenneco Later This Year February 19, 2019
    DRiV Inc. is the name of an aftermarket parts and ride performance company that is being launched in the wake of Tenneco Inc.’s separation into two independent companies, Tenneco announced.
  • XPO’s Brad Jacobs Hits Brakes on M&As February 19, 2019
    After building a fortune and several businesses by buying company after company, XPO Logistics Inc. CEO Brad Jacobs is abandoning acquisitions, a principal reason many investors bought into the stock.
  • Toyota Acquires Chicago-based Hoist Liftruck February 19, 2019
    Toyota Industries North America has acquired Chicago-based Hoist Liftruck Manufacturing. The company will be renamed Hoist Material Handling.
  • XPO Denies Memphis Plant Closing Is Retaliation February 19, 2019
    XPO Logistics Inc. confirmed Feb. 14 that it will close a facility in Memphis, Tenn., where some employees have made allegations of pregnancy discrimination and sexual harassment, and the next day CEO Brad Jacobs said a customer's request prompted the decision.
  • TransForce Group Acquires American Driver Network February 19, 2019
    The TransForce Group, a transportation workforce solutions provider, has acquired American Driver Network, which provides a driver-specific network of websites, job boards, job postings and affiliate employment websites.
  • Timber Investments Acquires 51% Interest in Columbia Containers February 19, 2019
    Timber Investments Ltd. said it has completed the purchase of a 51% interest in Columbia Containers Ltd. from Providence Grain Group, which will retain 49% ownership.
  • FHWA Grants Will Support User Fee Projects in States February 19, 2019
    The Federal Highway Administration has awarded over $10 million to states that are testing alternative methods to fund highway and bridge projects.
  • Letter: Clarifying UIIA and IANA’s Role February 19, 2019
    Several ocean carriers recently began charging new fees to motor carriers for engaging in “street turn” activities. Unfortunately, trade press reports on the subject reflect some misunderstandings about the Uniform Intermodal Interchange and Facilities Access Agreement, or UIIA, and the role of the Intermodal Association of North America. I am writing to clear up this […]
  • Montreal Firm FLS Transportation Services Acquires Scott Logistics February 15, 2019
    FLS Transportation Services, a Montreal-based 3PL, has announced the acquisition of Scott Logistics Corp., a freight broker headquartered in Georgia.
  • FedEx Names Raj Subramaniam New President, COO February 15, 2019
    FedEx Corp. is elevating Raj Subramaniam to the position of president and chief operating officer in the wake of the departure of David Bronczek, who the company said is making a “personal decision” to retire.
twitter facebook googleplus linkedin

January 2018

Share
Share