Lineage Logistics, a warehousing and logistics company sponsored by Bay Grove Capital LLC, announced today that it has acquired the assets of Seattle Cold Storage (SCS) and its facilities located in the Port of Tacoma and Algona, WA. The acquisition…
Evergreen Line is teaming up with United Africa Feeder Line (UAFL) to extend its service network in the Indian Ocean.Evergreen announce a new ISC-Mauritius-Mozambique-Africa (IMMA) Service linking the Indian sub-continent, Indian Ocean Islands and Mozambique will be launched in late April…
Anthony Chiarello, president and CEO of TOTE, Inc., will be the keynote speaker at the SHIPPINGInsight 2013 Fleet Optimization Conference, Oct. 22-24 in Stamford, Conn. Prior to TOTE, Inc., the largest of five operating groups owned by Seattle-based Saltchuk Resources…
Abu Dhabi Ports Company (ADPC) has signed a MoU with Abu Dhabi Terminals (ADT) & several government agencies with the aim of speeding up port formalities.The MoU, signed on the sidelines of the recent World Ports and Trade Summit 2013 (WPTS)…
Contract awarded for a second container terminal that will double the African state's capacity.The Ivory Coast Government has awarded a contract for the construction of a second container terminal at the port of Abidjan to a consortium of French companies Bollore…
DP World announce financial results from its global portfolio of marine terminals for the twelve months ending 31 December 2012. DP World Chairman, Sultan Ahmed Bin Sulayem commented; “DP World delivered profit for the year of US$749 million…
India's largest major port, Kandla Port Trust (KPT) invites global bids for setting up a container terminal at nearby Tuna -Tekra.The port authority has invited expression of interests (EOIs) from global majors for setting up the container terminal on build…
Descartes Systems Group's announce its cloud-based messaging services now integrated with the Antwerp Port Community System's (APCS) e-Desk application.The solution, combined with the Global Logistics Network (GLN), provides declarants and…
SBS Worldwide promoted their U.S. CEO Lars Kloch to CEO – Freight Division, expanding his existing U.S. role to take responsibility of their global freight operations. Kloch takes up the role with immediate effect and will become responsible…
And Why Knowing the Answer is Critical to Your BusinessOn December 23, 2012, the restrictive measures against Iran contained in Council Regulation (EU) No 1263/2012 came into force. The measures supplement those already contained in Regulation 267/2012 of March 23…
The Stifel Logistics Confidence Index increased for the fifth consecutive month in March according to the latest survey undertaken by Transport Intelligence. The index for the current and expected situation combined was up 0.4 points to 52…
NOL Group has announced the appointment of Senior Counsel Mr Alvin Yeo to its Board of Directors. Subject to shareholders’ approval at NOL’s Annual General Meeting on 18 April 2013 (“AGM”), Mr Yeo, Senior Partner at WongPartnership LLP…
Port of Long Beach (POLB) terminals saw a dramatic 37% increase in cargo in February 2013 compared to same month last year.The terminals moved 36.6 percent more containers compared to the same month one year ago ― including a nearly 46 percent surge in imports and a 17…
ITF recognise the tentative six-year labour contract agreement reached for workers at the Port of New York as potentially significant.ITF-affiliated union the International Longshoreman’s Association (ILA), which represents dock workers in New York and New Jersey…
The Port of Los Angeles has released its February 2013 cargo volumes. Overall volumes increased 16.99% compared to February 2012. The increase was due in part to a surge in imports prior to the closure of factories for the Chinese New Year. Imports jumped 25…