Transport Intermediaries

DB Schenker named winner of Lufthansa Cargo’s

AJOT | June 14, 2012 | Transport Intermediaries

Lufthansa Cargo has awarded its 'Planet Award of Excellence' to its global partner DB Schenker. Presenting the award at this year's Global Partner Council in 'lesund, Norway, the German cargo airline paid tribute to DB Schenker's outstanding contribution Read More »

FPS Lanka launches warehouse and 3PL operations

AJOT | June 14, 2012 | Transport Intermediaries

Projects FPS, the recently-established project forwarding and third-party logistics arm of Famous Pacific Shipping Lanka, has launched a dedicated logistics center incorporating a document storage and archiving facility. Read More »

US business logistics costs rise in slow economic recovery

AJOT | June 14, 2012 | Transport Intermediaries

U.S businesses paid more to manage and transport goods in 2011 as truckers and railroads charged higher rates to cover their rising expenses, but the uneven economy has contained volume and rate increases, according to a study. Read More »

UTi Worldwide results below estimates

AJOT | June 14, 2012 | Transport Intermediaries

Transport logistics company UTi Worldwide Inc posted lower-than-expected profit and sales due to weak air freight volumes. Read More »

Shipco starts neutral direct service from Dominican Republic to Miami

AJOT | June 06, 2012 | Transport Intermediaries

Shipco Transport has started a new less than container load service originating in Rio Haina, Dominican Republic to Miami, Florida. The new service, with a transit time of 5 days, utilizes ocean carrier Antillean Marine Shipping Corp. Along with the new s Read More »

Deringer’s Direct LCL Consolidation from Taiwan to Chicago offers time/cost savings

AJOT | June 05, 2012 | Transport Intermediaries

A.N. Deringer, Inc., a leading logistics service provider, announces the continued expansion of its international transportation services. Deringer introduces its direct less than container load (LCL) consolidation service from Keelung and Kaohsiung, Tai Read More »

CMA CGM Logistics opens new office in East Rutherford, NJ

AJOT | May 31, 2012 | Transport Intermediaries

After opening offices in Germany, Jordan, Vietnam and Malaysia, the turn has now come to the USA for a new CCLog office. Read More »

Saddle Creek Corp. becomes Saddle Creek Logistics Services

AJOT | May 29, 2012 | Transport Intermediaries

Saddle Creek Corporation, a nationwide third-party logistics provider, announced that the company is changing its name to Saddle Creek Logistics Services, effective May 30, 2012. Read More »

Premium Article  Apex Freight Services leads industry with increased insurance coverage

AJOT | May 23, 2012 | Transport Intermediaries

Apex Freight Services, a Lafayette-based, third party logistics provider, now offers its customers industry-leading liability protection. The “Apex Umbrella” provides contingent auto, general liability and excess coverage of up to $26 million. Read More »

Premium Article  Trade Insurance: It’s Not Always about Numbers

Karen Thuermer | May 23, 2012 | Transport Intermediaries

When it comes to the movement of goods, an array of products are available to shippers to insure their goods against loss, damage, theft or mishandling. There is also insurance that can keep their business afloat and keep Read More »

Premium Article  Strong underwriting result underpins UK P&I Club finances in 2012

AJOT | May 23, 2012 | International Trade | Transport Intermediaries

The UK P&I Club (the Club), one of the oldest shipping protection and indemnity insurance mutuals, announces its results for the year ended 20 February 2012. Read More »

Premium Article  U.S. cargo theft totals reach $130 million

Peter Buxbaum | May 23, 2012 | Intermodal | Transport Intermediaries

Food and beverages now the most frequent stolen item

By Peter A. Buxbaum, AJOT

It's hard to know how many incidents of cargo theft take place in the United States on a yearly basis, but one thing is clear; the number of incidents reported in 2011 Read More »

Premium Article  The soft market continues

Peter Buxbaum | May 23, 2012 | Transport Intermediaries

Cargo insurance premiums and deductibles drop some more

By Peter A. Buxbaum, AJOT

It's become a yearly ritual. The cargo insurance market remains soft--meaning that rates are low and/or dropping--as it has a number of years, but industry expert Read More »

Global Logistic Q4 net profit triples

AJOT | May 23, 2012 | Transport Intermediaries

Singapore's Global Logistic Properties (GLP) said its fourth-quarter net profit tripled from a year earlier, boosted by fair value gains on its properties in China and Japan. Read More »

Team of industry veterans launches new venture, A3 Freight Payment

AJOT | May 23, 2012 | Transport Intermediaries

A team of veterans of the freight payment industry has launched A3 Freight Payment, a new and exciting venture in the freight payment space. Read More »

Steady market growth for Damco in Q1

AJOT | May 21, 2012 | Transport Intermediaries

Damco, the global logistics business unit of the A.P. Moller'Maersk Group, increased its net revenue by USD 53m to USD 738m compared to Q1 of 2011. Gross profit also rose 8% against the same period last year. Read More »

Source Consulting now offers transportation management software designed to reduce shipping costs

AJOT | May 17, 2012 | Transport Intermediaries

In addition to in-house transportation cost management services, Source Consulting now offers innovative, cloud-based transportation management systems, Intelliship and HALO. Both SAAS (Software As A Service) solutions are designed to streamline a variety Read More »

Troy Container Line annoiunces new Miami container freight station

AJOT | May 16, 2012 | Transport Intermediaries

Troy Container Line, Ltd., one of the world's largest NVOCCs, has announced a change for its Miami Container Freight Station. Read More »

Agility Q1 profit falls 8.1 pct as costs rise

AJOT | May 15, 2012 | Transport Intermediaries

>Kuwait's Agility, the logistics firm facing U.S. fraud charges, reported an 8.1 percent drop in first-quarter profit as costs rose faster than revenue. Read More »

NVC Logistics

AJOT | May 15, 2012 | Transport Intermediaries

The white glove home delivery of televisions that are seven feet wide is not an easy task. Small doorways, tight turns, long carry distances and stairs are just a few of the hurdles to overcome. Add into this mix the size and weight of the unit, as well Read More »