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Media
DHL Supply Chain is to build an automated warehouse distribution centre on the northern outskirts of Bangkok for its wholesaler and retailer partner Makro at a cost of THB167 million (US$4.6 million). The warehouse will cover 14,500 square metres with a handling capacity of over 80 million cases per year using an advanced Autosort system which include fea...
NORTH American Free Trade Agreement (NAFTA) trade volume between Canada, US and Mexico, fell to the lowest level in January compared to the same month in 2004. January overland trade fell 27.2 per cent year on year to US$47.5 billion in January, according to the US Department of Transportation. This follows six months of continuous declines among the th...
THE American Trucking Associations has requested the US District Court in Los Angeles to enjoin all of the concession requirements imposed by the ports of Los Angeles and Long Beach on motor carriers in their clean truck scheme. In a filing at the weekend in Los Angeles, the ATA asked the court to enjoin the concession agreements in toto, stating that vir...
WITH the call of the Bunga Ray Dua on April, 4, Shekou Container Terminals (SCT) welcomed the new HES-Halal service, which serves the trade between south China and Middle East with a competitive transit times of nine days from Shekou to Karachi. Launched by MISC, HES calls at SCT Saturdays with the following port rotation: Shanghai, Ningbo, Shekou, Jakart...
JAPAN's K Line plans to reduce its containership fleet of 90 by 10 per cent within a year, an unidentified company official told Newark's Journal of Commerce. The K Line official also said that the company also planned to reduce the ro-ro fleet from 85 to 80 ships within the same period. Rival Japanese carriers, NYK Line and MOL, have already made cut...
ONE Somali pirate is reportedly in custody and the 1,100-TEU Maersk Alabama has been retaken by its American crew, but its captain, Shane Murphy, was still said to be held hostage yesterday, said US Defence Department sources The ship was deployed in Maersk Line's EAF4 (East Africa 4) service with a short regional rotation: Salalah, Djibouti, Mombasa and...
COSCO Pacific Limited has posted a profit attributable to shareholders of US$274.72 million for the year ending December 31, representing a decrease of 35.8 per cent from a year earlier, largely because of a fall in earnings from its container manufacturing unit CIMC. Its equity in CIMC rose from 16.54 per cent in late 2007 to 21.8 per cent in 2008. But a...
CMA CGM profit dropped by almost 87 percent to $124 million in 2008 from $966 million in 2007 as freight rates plummeted on all of its major trade lanes. The French carrier, the world’s third-largest by capacity, reported a 28 percent increase in revenue, which hit $15.1 billion, compared with $11.8 billion in 2007. Volume increased 15.6 percent t...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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