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Horizon Lines Inc. said it planned to reduce its non-union workforce by at least 10 percent, eliminating at least 70 of 700 jobs as part of an effort to reduce annual labor costs $7 million to $10 million. The company will offer a voluntary severance program to certain employees, but said if it is unable to achieve anticipated reductions, it ...
CMA CGM said Thursday its trans-Panama PEX 3 service linking Asia to the U.S. Gulf and East coasts will begin calling at the Mobile Container Terminal in late December, adding the Alabama as a second Gulf call to a service that also calls Houston. The first CMA CGM vessel to call Mobile will be the CMA CGM Orca, on Dec. 26. According to Amer...
Jim Newsome will become president of Hapag-Lloyd (America) Inc. on Jan. 1. Newsome, senior vice president of the Southeast, based in Kennesaw, Ga., will take over from current president Klaus Altstadt, who is retiring at the end of the year after more than 40 years at the company. Hapag-Lloyd has a decentralized structure and the Hapag-Lloyd...
Horizon Lines Inc. said it was introducing tracking and monitoring product for refrigerated ocean containers moving between the continental U.S. and Puerto Rico. The ReeferPlus GPS system is designed to improve the visibility and security of high-value perishable cargo requiring cold chain logistics. Key capabilities include GPS-enabled real-time...
The Offshore Marine Service Association has appointed Joe Kavanaugh to manager of Jones Act compliance, a newly created position with the association to ensure compliance with the laws requiring that vessels involved in domestic transportation be owned, crewed and built by Americans. While a number of associations have launched similar initiatives ...
A.P. Moller - Maersk said it will close a global service center at Guangzhou, China and eliminate about 700 jobs. The company said it was taking the action both because of the global economic slowdown, which has affected our business volumes, as well as our ongoing effort to improve our systems and processes, especially over the past 12 months. O...
Puerto Rico container carrier Trailer Bridge Inc. said it had record third quarter revenue, but earnings amounted to just $34,444 compared to $364,813 in the same 2007 period. Revenue was $35.4 million for the period compared to $28.2 million in the third quarter of 2007, a 25.4 percent increase. The company said excluding the effect of fuel surcha...
AXS-Alphaliner puts the current idle containership capacity at 1.25 percent of the global fleet, about 150,000 TEUs of capacity. In its weekly newsletter, AXS said a dozen ships between 5,000 and 8,500 TEUs in size are laid up in major Asian ports, with an expected buildup of idled 3,000 to 5,000-TEU ships coming in the next few weeks. Another 50 in 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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