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Maersk Line: E2 Golden Week (Chinese October Holidays) Contingency Plans

AJOT | August 20, 2014 | Liner Shipping

Maersk Line plans to adjust capacity to meet the expected decline in demand during the National Holiday (Golden Week) in China during week 41 Read More »

Extra Logistics LLC chooses Hamburg Süd to handle oversize cargo

AJOT | August 20, 2014 | Breakbulk & Projects | Liner Shipping

Extra Logistics LLC chooses Hamburg Süd to handle oversize cargo

Extra Logistics LLC, a full-service international logistics provider headquartered in Long Beach, CA, selected Hamburg Süd to transport a 16 ton oversized mineral processing  machine from Barcelona/Spain to the Port of Los Angeles. Read More »

Maersk Line, MSC to launch vessel-sharing service in early 2015

Reuters | August 20, 2014 | Liner Shipping

Maersk Line plans to launch its new vessel sharing service with Mediterranean Shipping Co. (MSC) as early as January next year, and expects to notify customers of the network and transit times by September. Read More »

UTi Worldwide and Ansell name Safmarine “Partner of the Year”

AJOT | August 20, 2014 | Liner Shipping | Transport Intermediaries

UTi Worldwide Inc. (Nasdaq: UTIW), a global supply chain services and solutions company, together with its client, Ansell Limited, named Safmarine their "Partner of the Year" for 2013-2014 during their annual Ocean carrier performance review  meeting in July. Read More »

YRC Freight upgrades three terminals to full distribution center status

AJOT | August 20, 2014 | Intermodal

YRC Freight has announced that it upgraded three terminals to full Distribution Center status in order to increase network capacity for customers. Read More »

ITS Technologies & Logistics demonstrates pure electric terminal truck in intermodal operations

AJOT | August 20, 2014 | Intermodal

ITS Technologies & Logistics (ITS) and Orange EV announced the successful demonstration of Orange’s T-Series electric terminal truck at ITS’ Edgerton, Kansas intermodal operations. Read More »

ACI Airport Data Says Cargo Up 3.7%

AJOT | August 20, 2014 | Air Cargo

A 3.7% increase in global airfreight growth in the first half has been posted with international traffic rising 4.5% and domestic volumes up 1.8%, according to the Airports Council International (ACI). Read More »

Yang Ming Posts US$7.9 Million Profit in 2-QTR

AJOT | August 20, 2014 | Liner Shipping

Taiwan-based Yang Ming Transport has posted a second quarter a profit of TWD237.8 million (US$7.9 million) compared with a loss of TWD2.6 billion in the same period last year. Read More »

SIPG to sell 20% of Mingdong joint venture terminal with HPH

AJOT | August 20, 2014 | Ports & Terminals

The Shanghai International Port Group (SIPG) will seek regulatory approval to sell 20% of Shanghai Mingdong Container Terminals Read More »

Panama Canal Updates Maersk Line on Expansion Program

AJOT | August 20, 2014 | Liner Shipping | Ports & Terminals

Panama Canal Administrator Jorge L. Quijano received a Maersk Line delegation led by Søren Skou, CEO of Maersk Liner Business, to provide an update on the Expansion Program Read More »

TSB Annual Report: advancing transportation safety from coast to coast to coast

PR Newswire | August 20, 2014 | Intermodal

GATINEAU, QC, 20 Aug. 2014 /CNW Telbec/ - The Transportation Safety Board of Canada's (TSB) 2013-2014 Annual Report was tabled today in Parliament. It highlights the important work the TSB does to advance safety on our waterways, along our pipelines or railways, or in our skies from coast to coast to coast.

Read More »

Hapag Lloyd: Denmark – Inland Haulage Tariff - Congestion Surcharge

AJOT | August 20, 2014 | Liner Shipping

Hapag-Lloyd will implement a Congestion Surcharge effective September 18, 2014. Read More »

CMA-CGM General Rate Restoration - Asian ports to North Europe and Mediterranean ports - Westbound

AJOT | August 20, 2014 | Liner Shipping

CMA-CGM General Rate Restoration - Asian ports to all North Europe and Mediterranean ports - Westbound Read More »

CMA CGM General Rate Restoration - Asian ports to Sri Lanka, Pakistan and West India - Westbound

AJOT | August 20, 2014 | Liner Shipping

CMA CGM General Rate Restoration - From all Asian ports to Sri Lanka, Pakistan and West India - Westbound Read More »

CMA-CGM Emergency Congestion Surcharge - From all Asian ports to New Delhi

AJOT | August 20, 2014 | Liner Shipping

From Asia to New Delhi, CMA CGM will implement an Emergency Congestion Surcharge Read More »

APM Terminals reports interim results

AJOT | August 20, 2014 | Ports & Terminals

APM Terminals reports interim results: • 8% volume growth; 9.8m TEU (9.1m TEU) containers handled • Agreement reached for selling APM Terminals Virginia, USA • Productivity drive continues - automation fleet expanded. • Investment in new terminals and expansions climbs. APM Terminals delivered an increased profit of USD 223m (USD 179m) and a return on invested capital of 14.2% (12.8%). Terminals becoming fully operational and new terminals added to the portfolio supported the 8% growth in volume. More than 80% of EBITDA was generated in growth markets, 41 out of 66 container terminals are located and operated in these markets. Revenue increased 6%, representing the growth in volume and tariff increases in port activities, partly offset by a decrease in Inland Services due to divestment of activities in North America and Asia. The EBITDA margin improved to 23.0% (20.4%) supported to a large extent by the increase in volume and increased tariffs. The invested capital increased to USD 6.4bn (USD 5.6bn) reflecting the continued high investment level in APM Terminals, developing 7 terminals and expansions in 16 terminals. Operational cash flow was negatively impacted by VAT receivables accumulating in connection with construction activities, primarily in Latin America. “APM Terminals had a good performance in the second quarter and in the first half of 2014. The rise in our first half results came despite challenging conditions,” said Kim Fejfer, APM Terminals CEO. “It is crucial for our Global Terminal Network to provide stable operations and constantly improve our efficiency and portfolio offerings to our customers. This November, we are excited to introduce the world’s first fully automated container terminal which produces zero emissions from container handling equipment, launching a new era in container handling productivity and safety.” Portfolio developments · Angola: Sociedade Gestora de Terminais S.A. (Sogester) signed a 20 year concession to operate, maintain and develop the Port of Namibe, which serves the hinterland from Namibe to Menongue through the city of Lubango for both container and general cargo. · Algeciras, Spain: APM Terminals Algeciras invested USD 73 million to upgrade four existing cranes, adding four new cranes along with other infrastructure improvements in the strategic West Med market. The facility is Spain’s largest container port. · Rotterdam, The Netherlands: APM Terminals Maasvlakte II terminal exercised the option to buy 22 more Automated Rail Mounted Gantry cranes (ARMGs) for Phase I operations of the new 2.7 TEU million annual capacity, deep-water terminal, opening November 2014. The 30-meter wide ARMGs will use a fully automated system to load and unload containers onto and off external truck chassis, and onto a fleet of 37 battery-powered Lift Automated Guided Vehicles (Lift AGVs) in what will be the world’s most technologically advanced, “green” container terminal with zero emissions from terminal handling equipment. · Santos, Brazil: Channel dredging was completed, enabling Brasil Terminal Portuaria, an APM Terminals – TIL joint venture, to attract larger container vessels being deployed in the trade and improve Brazilian supply chains. · Itajai, Brazil: Berth 1 reconstruction was completed and is fully operational. In 2011, it was destroyed during a flood. · Portsmouth, Virginia, USA: APM Terminals Virginia sold its Portsmouth container terminal. The transaction is expected to close during Q3. Productivity drive APM Terminals efforts to improve port productivity are ongoing with a structured approach to continuously improve processes in each location. The scope of these improvements considers everything from initial planning to the introduction of new technology. The goal is to lead the industry in productivity and reliability while proactively managing the changes that larger container vessels and the rise of mega alliances are bringing to markets. Read More »

CEVA announces expanded presence in Los Angeles market 

AJOT | August 19, 2014 | Transport Intermediaries

CEVA Logistics, one of the world’s leading supply chain management companies, has announced the expansion of its Los Angeles (LAX)/Torrance freight management operation.  Read More »

New business partnership gives Eastern European logistics providers the keys to productivity

AJOT | August 19, 2014 | Transport Intermediaries

A new business partnership is set to give the Central and Eastern European logistics industry localized access to one of the world’s most advanced logistics management systems. Read More »

Poland asks EU to complain to WTO over Russian embargo

Reuters | August 19, 2014 | International Trade

Poland has asked the European Commission to lodge a formal complaint to the World Trade Organization (WTO) over a Russian ban on EU food products that has hit Poland particularly hard, the Polish Economy Ministry said. Read More »

Heinz to tighten supplier controls in China after infant food scare

Reuters | August 19, 2014 | International Trade

U.S. foodmaker H.J. Heinz Co said it will tighten controls over ingredients suppliers in China after it was forced to recall some infant food products from Chinese store shelves due to excess levels of lead. Read More »

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