Monthly Archives for April 2016

US Coast Guard approves two alternative container weight methods WASHINGTON — The U.S. Coast Guard Thursday gave its stamp of approval to two alternative methods for obtaining certified container weights to comply with new international regulations: one proposed by agricultural shippers and another proposed by the South Carolina Ports Authority. The move paves an easier […]

Supply chain parties hook up new freight rate solution on volatile Asia-Europe Technology is playing an increasing role in the management of freight rates as parties in the supply chain try to mitigate the extreme volatility found on trades such as Asia-Europe, where rates can change every day and are a regular nightmare for the […]

China issues guidelines to SOLAS container weight rule China will conduct random inspections on export containers at the country’s ports from July 1 as part of its enforcement of new container-weighing requirements, according to long-awaited industry guidelines issued by the Ministry of Transport.In a consultation paper sent to all agencies of the Transport Ministry and […]

Port of Houston announces SOLAS position The Port of Houston will deny access to its terminals for containers that arrive without electronic documentation of their verified gross mass after a new International Maritime Organization container weight rule takes effect July 1. The port, which handles two-thirds of the container volume on the U.S. Gulf Coast, […]

Slowing volumes hit India logistics provider's profit Struggling with container freight station throughput and intermodal volume declines amid sluggish global demand and other operational challenges, India’s largest port-based logistics provider, Gateway Distriparks Ltd., reported its net earnings tumbled nearly 42 percent year-over-year in fiscal year 2015-16, which ended March 31. Group net profit fell to […]

Real estate burst highlights shipper attraction to Savannah port A sharp turnaround in industrial real estate activity around the Savannah port underscores both the white-hot demand nationally for logistics properties as well as shippers putting in place long-term plans to use Southeast versus West Coast ports to access the regional market. A burst of activity […]

LF Logistics opens giant Singapore e-commerce facility LF Logistics has opened a 1 million square foot logistics facility in Singapore, the largest automated and customs bonded distribution warehouse in the city state that will… LF Logistics opens giant Singapore e-commerce facility Journal of Commerce

BLG Logistics revenue up, profit down BLG Logistics grew its revenue in 2016 with its automobile, container and logistics sectors all posting higher sales, but the Bremen-based transport group posted a marginally lower operating profit. Revenue was up 6.3 percent to 939 million euros ($1.06 billion), but earnings before interest and tax shrank 1.3 percent […]

Charleston port moving forward with container weighing services The Port of Charleston says it is in the final stages of tests to see whether the port can provide in-terminal container weighing services for shippers to comply with the new International Maritime Organization container weight rule that goes into effect this July. “I think by the […]

Roll-on, roll-off shipping weathers economic storm The roll-on, roll-off shipping market is in a relatively upbeat mood after emerging surprisingly unscathed from a year of tough economic and geopolitical challenges. The outlook for pure car carriers, however, is looking less rosy against a backdrop of rising supply and subdued global demand for automobiles and shrinking […]