Business
Wednesday, March 08, 2017
GRI - From Asia to Panama, the Caribbean and Cuba on PEX2 service - Effective April 1st, 2017
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In November 2016, the Organization of the Petroleum Exporting Countries (OPEC) cut oil production causing higher oil prices. Since January 1, 2017, jet fuel prices rose 8.6 percent, and higher oil prices have a substantial impact on carriers’ operational costs, which they pass on in ...
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In preparation for ultra large container ships, APM Terminals increased its Port Elizabeth investment plans to USD $200 million. The investment includes four ship-to-shore cranes that will be capable of handling ultra-large container ships, an expanded gate complex, upgrades to container-handling equipment and other ...
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Coming off a record 2016, the Helen Delich Bentley Port of Baltimore’s public marine terminals jumped right into 2017 with a record month in January. The Port handled 923,030 tons of general cargo (cars, containers, farm and construction equipment, forest products, and breakbulk). ...
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Kenco Logistics has teamed up with Smart Gladiator to roll out a new mobile app that increases supply chain visibility by photo documenting shipments to improve compliance and reduce costs. The LoadProof app is now available at www.loadproof.com.
LoadProof is an image-capture app designed for logistics ...
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A leader in healthcare logistics management, TRIOSE, Inc. has been awarded an exclusive contract from Vizient, Inc., Irving, TX, to be the sole source for providing freight management services to members of its private label brand, NOVAPLUS®.
"Our comprehensive contracting process is designed to select suppliers ...
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Verifavia, the world’s leading emissions verification company for the transport sector (aviation and shipping), today announced March 1 that it has been fully accredited by the United Kingdom Accreditation Service (UKAS) as a global EU monitoring, reporting, and verification (MRV) verifier.
This accreditation enables Verifavia ...
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Boeing announced that it is investing $24.98 million to open its first production facility in Europe to make components for certain aircraft.
The 25,000 square feet facility in Sheffield, UK will make actuators for Boeing's next-generation 737, 737 MAX and 777 aircraft, the company said. Actuation ...
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In from CMA CGM: After considering carefully recent changes in the Chinese container shipping market, and always committed to its clients’ best interest, CMA CGM’s senior management has decided to adjust the THC (Terminal Handling Charge) applicable to CMA CGM operations in Chinese ports (i.e. ...
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Hapag-Lloyd achieved a positive operating result (EBIT) for 2016. Based on the preliminary unaudited figures earnings before interest, taxes, depreciation of intangible and fixed assets (EBITDA) reached EUR 607 million (2015: EUR 831.0 million) and the operating result (EBIT) EUR 126 million (2015: EUR 366.4 ...
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