Logistics News

 

Butner Gets a Third Term in Oakland

Jul 12, 2019

Cestra “Ces” Butner will serve a third term as President of the Port of Oakland Board of Port Commissioners.  President Butner joined the Board of Port Commissioners in 2012.  He first served as President from July 2013 to July 2014.  He was voted to a second term in July 2018…

Samskip Appoints Laaksonen as Group CEO

Jul 12, 2019

Samskip, a European multimodal service provider group, appointed Kari-Pekka Laaksonen as the Group Chief Executive.Laaksonen, who takes up his post at Samskip’s Rotterdam headquarters on August 1st, 2019, is the former CEO of Samskip competitor Containerships…

CBP Seizes Bogus Speakers from China

Jul 12, 2019

U.S. Customs and Border Protection (CBP) officers seized 1,626 counterfeit Edison Professional speakers in Philadelphia July 9. If authentic, the speakers would have a manufacturer’s suggested retail price (MSRP) of $253,572.The speakers arrived in two shipments to Philadelphia from China June 13…

Freight Volumes Impacted by World Economy

Jul 12, 2019

Freight volumes in the United States and around the world are falling, signalling tougher times for manufacturers amid escalating trade tensions and heightened uncertainty.Freight volumes in the United States were up by just 0.8% in the three…

Port of Los Angeles June Volumes Up 5.8%

Jul 11, 2019

The Port of Los Angeles moved 764,777 Twenty-Foot Equivalent Units (TEUs) in June, the busiest June in the Port’s 112-year history.The month marked the end of Fiscal Year 2018-19 in which the Port moved 9,688,252 TEUs, a 5.7 percent improvement over the previous fiscal year…

Yang Ming Enhances Network

Jul 10, 2019

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation has announced new China-Thailand direct service and Thailand - Indonesia express service.Under the impact of rising global trade tensions, a relocation and adjustment of cargo flow and supply chains is expected…

Nakilat Profits Rise 7%

Jul 10, 2019

Nakilat said for the first half of the year ended June 30, 2019 that it achieved a net profit of $130 million compared to $122 million during the same period in 2018, an increase of 7%.Nakilat’s financial performance is driven by the acquisition…

JAXPORT Adds Wheldon to Commercial Team

Jul 10, 2019

The Jacksonville Port Authority (JAXPORT), the No. 1 port by container volume in the State of Florida, has announced that transportation industry professional Lisa Wheldon has joined the organization as Director, Cargo & Intermodal Rail. Wheldon…

PIL Upgrades SE Asia - Aus Services

Jul 09, 2019

Singapore-based shipping company Pacific International Lines Pte Ltd (PIL) announced improvements to its Southeast Asia to Australia services to meet the changing needs of the markets.PIL's current Australia-Asia Alliance Service 1 and 2 (AA1…

Russia Goes to WTO about U.S. Steel Dumping Duties

Jul 09, 2019

Russia has launched a complaint at the World Trade Organization to challenge U.S. anti-dumping measures on imports of hot-rolled flat-rolled carbon-quality steel from Russia, it said in a filing published by the WTO on Tuesday.The Russian complaint listed eight separate U…

Admiral Schultz Emphasizes Maritime as a Driver of U.S. Commerce

Jul 09, 2019

Last month Maritime Reporter & Engineering News was invited to join Admiral Karl Schultz, the Commandant of the United States Coast Guard, on a trek to New Orleans for an underway tour on board a mid-stream transfer operation in the Mississippi River…

Bahri Intros ‘ISupplier’ Platform

Jul 08, 2019

The Saudi Arabian logistics and transportation giant Bahri has announced the launch of its ‘iSupplier’ portal, as part of further strengthening its commitment to enhancing the quality of its services and deepening business relationship with key partners…

GAC Denmark Opens in Kalundborg

Jul 08, 2019

GAC Denmark has opened a new branch in Kalundborg to better serve the needs of GAC’s global principals in the liquid bulk and other sectors.Located 100 km west of Copenhagen, Kalundborg is a key location for liquid and dry bulk cargo and larger projects for industry players such as Equinor…

Baltic Sea will be the Worlds First Broadband Sea

Jul 08, 2019

“The need for data capacity is constantly increasing and the combination of sufficient reach and high capacity is a challenge,' said Kenneth Påvall, IT infrastructure manager at Rederi AB Eckerö. 'We have now chosen the solution that we believe will provide the best capacity…

Fednav Partners with CargoMetrics

Jul 08, 2019

Fednav Limited has announced that it has entered into a Development Services Agreement with CargoMetrics Technologies LLC, a maritime innovation company.Under this agreement, the two companies will work in collaboration to build systems and tools to optimize Fednav’s dry bulk fleet…

Logistics News

Baltic Index Rises on Large Vessels

Baltic Index Rises on Large Vessels

Panamanian President Meets with Japanese Shipowners to Share New Ship Registry Strategy

Panamanian President Meets with Japanese Shipowners to Share New Ship Registry Strategy

Russian Oil takes the Northern Sea Route to Brunei

Russian Oil takes the Northern Sea Route to Brunei

Canada's July Trade Deficit Narrows as Exports to the US Rise

Canada's July Trade Deficit Narrows as Exports to the US Rise

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