Lanetix recently launched the software suite LxRoadFreight, which is specifically designed for domestic freight brokers and trucking firms. The suite offers out-of-the-box solutions that stand to place the smaller domestic freight brokers and trucking firms on a digital par with industry powerhouses.
Happy Fourth of July, your freight has been stolen. It could happen and does with greater frequency on holidays and weekends all across America. That’s the message – or more accurately part of the message - Scott Cornell, head of the SIG (Special Investigations Group) at Travelers Insurance has been dispensing to the freighting community over the past 25 years.
Ocean Network Express Pte., Ltd, better known as ONE, is a brand new company. Jeremy Nixon, the CEO of the container ship operator, stressed the point in an interview with the American Journal of Transportation (AJOT) at their brand new headquarters in One East Tower in Singapore.
On January 11, 2018, Direct ChassisLink Inc., better known as DCLI, completed the purchase of TRAC Intermodal’s 53-foot domestic chassis fleet. DCLI’s intention to purchase the TRAC units was made in late October 2017 before last month’s closing. The purchase price for the chassis fleet was not disclosed.
In late December 2017, Port Newark Container Terminal LLC (PNCT) secured $298 million in tax exempt bond proceeds that will be used to refinance existing debt and to finance the ongoing development of the terminal.
In January, Hong Kong-based SVA (Steve Vickers and Associates) issues its annual Asia Risk Assessment which handicaps the comparative political and economic risks for each nation or territory in the region.
“It was the Law of the Sea, they said. Civilization ends at the waterline. Beyond that, we all enter the food chain, and not always on top.”
Hunter S. Thompson, Generation of Swine: Tales of Shame and Degradation in the ‘80s.
On 22nd of December, 2016, Maersk, arguably the world’s largest ocean containership carrier (the argument coming from similar-sized 2M alliance partner MSC [Mediterranean Shipping Company]), began offering Chinese shippers the option of using Alibaba’s (arguably the world’s largest retail commerce company in gross revenue terms) OneTouch system. This move could well be as revolutionary as Malcom McLean’s launch of the containership industry just over sixty years ago.
The 2M Alliance, composed of the two largest containership operators, Maersk and MSC (Mediterranean Shipping Corporation) reportedly announced today it will not admit Hyundai Merchant Marine (HMM) as a full partner in the agreement but will explore other options such as slot exchange or purchase agreement.