Category Archives for Industry News

Indonesia’s trade growth attracts new logistics investment Logistics firms continue to build their networks in Indonesia to capture the fast growing trade being generated by the Southeast Asian giant, with DHL Express investing $2.2 million in a cargo handling facility at Jakarta’s Soekarno-Hatta International Airport.The new gateway will be added to an existing DHL facility […]

Hanjin failure highlights shortcomings of US chassis system Hanjin Shipping’s bankruptcy filing has once again exposed how fragile the new chassis regime is in the US, demonstrating that shipping lines, intermodal equipment providers, beneficial cargo… Hanjin failure highlights shortcomings of US chassis system Journal of Commerce

Avoiding another Hanjin won’t be easy With 33 Hanjin Shipping vessels and all their containers still unable to be unloaded three weeks after the bankruptcy of the world’s seventh-largest container line, profound questions regarding the risks of ocean container transportation are being raised in corporate boardrooms throughout the world. The questions boil down to these: […]

For shippers, avoiding another Hanjin won't be easy With 33 Hanjin Shipping vessels and all their containers still unable to be unloaded three weeks after the bankruptcy of the world’s seventh-largest container line, profound questions… For shippers, avoiding another Hanjin won't be easy Journal of Commerce

Russia to regulate stevedore pricing Russia’s competition watchdog will split the denomination of tariffs for stevedoring into the local ruble and the US dollar, depending on who is using the services,… Russia to regulate stevedore pricing Journal of Commerce

FedEx 'doubles down' on TNT integration, boosts revenue The integration of TNT Express into FedEx’s global transportation and logistics network should take four years and result in $750 million in annual savings, FedEx executives said Tuesday. “We are doubling down our commitment to the TNT integration,” Alan B. Graf Jr., executive vice president and CFO, […]

First Hanjin ship to call US East Coast port since bankruptcy After sitting anchored at sea for more than two weeks because of money… First Hanjin ship to call US East Coast port since bankruptcy Journal of Commerce

Thorco, United Heavy Lift form joint venture Breakbulk operator Thorco and United Heavy Lift have formed Thorco Projects, a joint venture specializing in project cargo and heavy-lift logistics. Both companies are family owned. Thorco, the shipping unit of Danish conglomerate Thornico, was founded in 2003 and is owned by Christian and Thor Stadil. Hamburg-based UHL,… Thorco, […]

Dockworker strike compounds Santos woes Dockworkers at the largest port in South America have gone on strike just days after customs officers in the harbor decided to increase the frequency of slowdowns… Dockworker strike compounds Santos woes Journal of Commerce

Shippers: rail beats air, sea in Asia-Europe reliability HAMBURG — Rail services carrying containers between Asia and Europe are on a strong growth trajectory but will not diminish or impact the relevance of maritime liner services,… Shippers: rail beats air, sea in Asia-Europe reliability Journal of Commerce