A strategic partnership with the USC Marshall Center for Global Supply Chain Management aimed at improving the global competitiveness of the nation’s supply chains was signed by U.S. Commerce Secretary Penny Pritzker on October 14 at the University Park campus. “Through this new partnership, we hope to encourage ports around the country to increase efficiency by adopting new technologies that will provide more information on the flow of goods to port users and stakeholders,” said Secretary Pritzker. “The ability to move cargo quickly through our ports is critical to national and regional trade, economic growth, and our nation’s overall competitiveness.” The partnership with USC Marshall will allow for collaboration on digitalization of the nation’s supply chains, including applications related to IoT (Internet of Things). The first formal event of the partnership will be the Port Community IT Systems Exhibition and Technology Challenge at USC on Nov. 18-20. The gathering will open with a symposium offering leaders from ports communities and supply chain owner organizations, as well as public policy and academic experts a chance to explore how digital innovations can increase port operating efficiencies and reduce overall supply chain congestion. “The Port of Los Angeles isn't just the nation's leading cargo port—it’s a laboratory for ideas and technologies that show how ports across America can thrive
CEVA Logistics, a leading global supply chain management company, today announced the opening of its first Center of Logistics Excellence in Europe. Situated in Ashby de la Zouch, United Kingdom, the opening marks CEVA’s third Center following the launch of Centers in Jacksonville and Singapore. The Centers demonstrate ‘real world’ logistics innovation through supply chain optimization and enhanced visibility
Elemica has signed a definitive agreement to acquire Stolt-Nielsen’s subsidiary Optimum Logistics Ltd. Under the terms of the agreement, Elemica will acquire the full technology platform and the ongoing business operations of Optimum Logistics. Elemica will integrate Optimum's technology into the current Elemica platform to launch a global ground, rail, container, and marine logistics solution for Elemica Network companies and will expand its Network to include logistics service providers
CG Railway, Inc., located in Mobile, Ala., operates the only rail vessel service in the United States market providing an alternate transportation mode between the U.S. and southern Mexico. Every four days, CG Railway provides a safe, fast and eco-friendly rail-ferry service transporting all types of rail cars to and from Mobile, Ala. and Coatzacoalcos, Veracruz. CG Railway’s direct service provides competitive rates with fast reliable transit
CII-Institute of Logistics, as a part of its continuous endeavor in driving excellence and enable in sharing best practices in logistics and supply chain management organized the maiden Supply Chain And Logistics Excellence (SCALE) Awards on 21 & 22 May 2014 at Mumbai. The Award comprised 10 categories in logistics service industry and 4 in user industry. Awards list enclosed. R Dinesh, Chairman, CII Institute of Logistics Advisory Council
The Federal Maritime Commission’s (FMC) Supply Chain Innovation Team Initiative, led by Commissioner Rebecca F. Dye, was launched today at FMC headquarters in Washington, D.C. Over the next two-days, industry leaders from 34 companies will be working in teams with the goal of developing process innovations to improve the reliability, resilience and competitiveness of America’s global supply chain.
Leveraging the strength of Titan's 300-metric ton linear hydraulic pullers, Titan safely refloated the Monongahela, a decommissioned tanker ship on the James River in Virginia last week. The salvage team, led by Capt. Guy Wood, executed several test pulls on the tanker before last week's successful refloating to verify the holding power of the anchors being used and to help with the determination of refloating calculations
Middle East contract logistics market to sustain 6.9 percent average growth to reach over USD 3.7 billion in 2015; Barloworld Logistics intensifies growth plans in Middle East, anchored on integrated smart supply chain solutions. Barloworld Logistics, a provider of logistics and supply chain management solutions, has announced that it is intensifying its growth plans in the Middle East as the region’s contract logistics services market expects to sustain a 6
Continuing its strategic expansion abroad, ABF Global Supply Chain Services is now serving Europe and Turkey with ocean transport. The company provides a single contact for full-container-load (FCL) and expedited less-than-container-load (LCL) supply chain solutions. Previously, ABF introduced ocean service for countries throughout Asia, including India. ABF GSCS now operates with offices in Turkey, Germany, United Kingdom, France, Italy, Spain, The Netherlands, Belgium
Maersk Line wins 'Shipping Line of the Year' title at Supply Chain Asia (SCA) Logistics Awards 2012 in Singapore. The company was judged best in class among operators in the region – beating other finalists that included APL, Cosco, Hanjin, and Yang Ming. John Corris, Head of Regional Key Client Management, accepted the trophy from SCA on behalf of Maersk Line Asia Pacific Chief Executive Thomas Knudsen. “It is an honour for Maersk Line to win such an award
Expectations at the start of the year that 2016 would be a tough one for the oil industry, and in particular for offshore, were on the whole fulfilled, says Clarksons Research report. Overall upstream E&P spending globally fell for the second successive year
Two container shipping lines, France's CMA CGM and Israel's Zim, have signed up with Alibaba to allow customers to book space on their vessels through the Chinese e-commerce giant, in a bid to boost sales as the sector battles a severe downturn.
Norwegian Cruise Line Holdings Ltd. said it has reached an agreement with Fincantieri S.p.A. to construct the next generation of ships for its Norwegian Cruise Line brand, ordering four 140,000 gross ton ships for delivery in 2022, 2023, 2024 and 2025
European Community Shipowners’ Associations (ECSA) regrets that European port and cargo interests have come out in favour of the European Parliament’s position to conditionally include shipping in the EU Emission Trading Scheme as of 2023 if the International Maritime
Contship Italia Group, Italy’s leading maritime container terminal and intermodal operator saw an increase in handled volume of 1.7% and 9.7% increase in transported volumes for 2016. The group’s Maritime Container Terminal business saw an increase of 109
A Port of Oakland executive outlined a $600 million spending plan here today for growth at his West Coast trade gateway. Maritime Director John Driscoll told a maritime audience that Oakland would increase trade volume by investing in new facilities and better infrastructure
As Damen Shipyards Group prepares its SEA 1180 OPV Program tender to the Australian Ministry of Defense, the Dutch shipbuilder said it has held two industry briefings aimed at Australian companies active in the maritime and defense industries.
Liquefied natural gas (LNG) shipping company has released its financial results for the year ended 31st December 2016 which show Group revenue for the quarter and the year were low than the corresponding periods for 2015. Group profit before tax for the quarter ended 31st December
International energy logistics provider Peterson is to partner with Port Cameron in Louisiana to develop a deepwater staging port and supply base facility serving the Gulf of Mexico. Peterson has signed a teaming partnership agreement with Port Cameron for the development of a
Bloomberg quoted Robbert van Trooijen, APAC CEO of Maersk Line, saying that the current year (2017) will be more profitable than the last. Post-Hanjin, ocean freight customers now stressing stability and avoiding risk to supply chains, not just rates, he said.
Vard Holdings Limited (“VARD”), one of the major global designers and shipbuilders of specialized vessels has secured a contract for the design and construction of one krill fishing vessel for Aker BioMarine in Norway. The new and innovative vessel of VARD 8 10 design is specially
The Port of Los Angeles handled 826,640 Twenty-Foot Equivalent Units (TEUs) in January 2017, an increase of 17.4 percent compared to January 2016. It was the busiest January in the port’s 110-year history, outpacing last January
ENGIE, Fluxys, Mitsubishi Corporation, and NYK have taken delivery of the world’s first purpose built liquefied natural gas bunkering vessel (LBV) from Hanjin Heavy Industries & Construction Co. Ltd., at the Yeongdo shipyard in Busan, Korea
Spanish dock workers on Wednesday called off a planned three-day strike next week after the government said it would delay plans to reform the sector and instead open talks with the unions. The standstill was due to take place every other hour on Feb
ENGIE, Fluxys, Mitsubishi Corporation, and NYK have taken delivery of the world’s first purpose built liquefied natural gas bunkering vessel (LBV) from Hanjin Heavy Industries & Construction Co. Ltd., at the Yeongdo shipyard in Busan, Korea.