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Freight Forward

Fratelli Cosulich Expands with Dublin Freight Office

Multi-faceted shipping group Fratelli Cosulich has expanded its freight forwarding business by opening an office in Dublin, Ireland. The move follows fast growth in its freight forwarding and NVOCC operations which operate from bases in Heathrow, Felixstowe, Izmir, Istanbul, New York, Shenzen and now Dublin. Fratelli Cosulich will move freight of all types by road, sea and air and expects its Dublin office to have balanced import and export traffic. The Dublin office details are: Fratelli Cosulich (Ireland) Pte 68 Applewood Village Swords County Dublin


Crowley Merges Jarvis International Freight into Crowley Logistics

Crowley-Press-Release-Containers_High-Res.JPG

Business Unit to Now Offer Project Logistics and Global Freight Management Services to New Industries and more Geographic Locations. Crowley Maritime Corporation announced today that its recently acquired Houston-based, freight forwarding, export packing and logistics company, Jarvis International Freight, Inc., will transition into the company as a new branch of Crowley Logistics, offering project logistics and global freight management services to a wider array of industries and in more


Bothelo Joins Wilhelmsen Ships Service

Clarence Bothelo.JPG

Clarence Bothelo has been appointed as Ships Spares Logistics (SSL) Manager in the Customer Services Department at Wilhelmsen Ships Service for the Africa, Middle East and Black Sea (AMB) regions.  Located at the company’s Dubai, UAE office, Clarence is responsible for driving the sales of Wilhelmsen Ships Service’s SSL offer in the AMB region and for building SSL expertise in Customer Services. Ships Spares Logistics is a service offered by Wilhelmsen Ships Service which


Ocean, NFC Merge

Ocean Group Plc has agreed to merge with rival NFC Plc to form a $4.4 billion logistics group with the world's second highest revenues. To be known as Exel Plc, it will have pro forma revenues of more than $5.6 billion. It will also have the scale and global reach to harness runaway growth in freight handling driven by e-commerce. Ocean will offer .28 new shares for each NFC share and "new Exel" - NFC is changing its name to Exel this month - will be around 50 percent-owned by each company's


Argosy Transportation Group Celebrates 20 Years

Image: ATG

As part of its 20th anniversary celebration, Argosy Transportation Group (ATG) is sponsoring various professional events, and contributing toward initiatives in education within the maritime industry. ATG said it appreciates the importance of investing in young professionals, and the group remains committed to developing a platform for the future of the industry. ATG said its commitment to trust and performance in transit is evidenced by its 20-year history


MarAd Vietnam Sign New Bilateral Maritime Agreement

U.S. maritime shippers, carriers and port operators will have far-reaching access to Vietnam’s rapidly expanding markets for transportation services, thanks to a new agreement signed today by U.S. Maritime Administrator Sean T. Connaughton and Vuong Dinh Lam, Vietnam’s national maritime administration chairman. Under the terms of the new agreement, U.S. companies may acquire a controlling 51 percent share in joint venture enterprises, such as partnering arrangements between U.S


China COSCO Turns its Financial Ship Around in 2013

Image courtesy of China COSCO

China COSCO Holdings Co. Ltd, the country's largest shipper, indicates a profit turnaround in 2013 after suffering heavy losses for two consecutive years, reports Xinhau. According to COSCO's earlier, 2013, financial report, the Shanghai-listed company made cutting operational costs a major task for 2013. The Group carried out various measures to overcome the difficulties, including the disposal of its interest in COSCO Logistics and COSCO Container Industries and stringent cost control.


Cosco Bypasses Railway Strike by Sea Route

Photo: Greece Piraeus Container Terminal

 Cosco has decided to transfer its containers to the port of Koper in Slovenia from Piraeus in order to deal with the Greek railway strikes.   Cosco has got around the problem created for its freight forwarding network by Greek railway workers’ ongoing strike action by sending its containers by sea from Piraeus to Koper in Slovenia, from where they are loaded onto trains for the next part of their journey, reports Kathimerini.  


Pilot Freight Services Post Strong Revenue Growth in Q2 2012

Pilot Freight Services, a worldwide provider of transportation and logistics services, report revenue up 12.5% Pilot Freight Services announce reported revenue of $126.5 million for the second quarter, ending June 30, 2012. This marks a 12.5 percent increase over the same period in 2011 and a continued strengthening in the momentum of ten consecutive quarters of revenue growth. Pilot Freight Services, Inc. is a full-service transportation and logistics provider with over 75 locations


Logistics Provider Damco Reports Positive Half-year 2012

Damco  announce continued good progress moving into the second half of 2012 despite tough conditions in the global freight markets. Damco is part of the A.P. Moller - Maersk Group, and specializes in customised freight forwarding and supply chain solutions. Damco’s net revenue grew by 12% to 1,543 USD million compared to the same period last year. Gross profit is up 5% to USD 379 million. Damco´s EBIT for the first half of 2012 grew 42% to USD 51 million.


Industry to Prevent Shipping of Counterfeit Goods

Brand owners and representatives from the international shipping industry have joined forces in signing an historic declaration of intent aimed at preventing the maritime transport of counterfeit goods. Leaders from global shipping firms, freight forwarders


Eimskip to Acquire Nor Lines

(Photo: Eimskip)

Eimskip has entered into an agreement to acquire the Norwegian shipping and logistics company Nor Lines. The business, with about 200 employees and an estimated annual turnover of approximately EUR 110 million, will be restructured in order to be aligned with Eimskip’s current operations in


US Seeks Applications for FASTLANE Grants

Anthony Foxx (Photo: USDOT)

U.S. Transportation Secretary Anthony Foxx today announced that the U.S. Department of Transportation’s Build America Bureau is now soliciting applications for up to $850 million in Fostering Advancements in Shipping and Transportation for the Long-term Achievement of National Efficiencies


Freight Futures Market Avoids Tougher EU Information Disclosures

The European Union's securities markets regulator has dropped proposals to make participants in the multi-billion dollar commodity derivatives market for freight rates disclose knowledge of loading conditions, the Baltic Exchange said.  


Maersk to Split Into Two Divisions

Photo: Maersk Line

 It's oficial now. Danish conglomerate A.P. Moeller-Maersk A/S said Thursday it is splitting into two separate units - transport and energy businesses.   Denmark’s biggest company moves ahead with an historic shake-up of the conglomerate to generate growth


Half of Hanjin Boxships Denied Port Access

A Hanjin Containership at Sea (Credit: Hanjin)

Of 98 container ships, 44 blocked from ports. U.S. firms take legal action over unpaid bills. Roughly half of Hanjin Shipping Co Ltd's container vessels have been blocked from ports since the South Korean firm's collapse, putting manufacturers and their customers increasingly on edge about the


BG Freight Line Orders Four Containerships

Image: BG Freight Line

BG Freight Line, a fully owned subsidiary of Peel Ports Group, is to receive new tailor-made short sea container feeder vessels optimized for the company’s Irish Sea Hub services.    The new class of ‘green’ vessels has been developed by BG Freight Line operation with


Crowley Adds Houston-Caribbean LCL Service

Photo: Crowley Maritime

Starting July 1, Crowley Maritime Corporation will offer weekly, fixed-day, less-than-container-load (LCL) shipping services from Houston to 33 port destinations throughout the Caribbean Basin, the shipper announced today.   The new logistics service is designed to enhance supply chain


Xeneta Proposes Commodity Status in Container Shipping

Patrik Berglund (Photo: Xeneta)

With ultra-low container rates, multiple operators teetering on the brink of bankruptcy and adversarial relationships developing between those shipping goods and the carriers, Xeneta believes the entire container industry must evolve. The Oslo-based benchmarking and market intelligence platform


Jacques Cousteau’s Calypso Shipped for Renovation

Calypso (Photo: The Cousteau Society)

Jacques Cousteau’s ship Calypso, star of the “Undersea World of Jacques Cousteau”, was loaded on March 14 in Concarneau, France for shipment to Turkey, where the legendary oceanographic vessel will undergo renovations.  


Maersk Line Honors Al Sharqi Shipping

Photo: Al Sharqi Shipping

Maersk line's Annual Award Night recognizes the best performing logistics solutions providers and top customers of Maersk Line for the year 2015   For the fourth time in a row, Al Sharqi Shipping was awarded the Maersk Platinum Award, recognizing the company once again as a top Maersk Line


Two Maritime Veterans Create Avalon Freight Services

Harley Franco (Photo: Avalon Freight Services)

Avalon Freight Services co-founded by Greg and Tim Bombard and Harley Franco, will debut freight service on Friday, April 1, 2016.   Currently scheduled to operate a minimum of five days a week, year round, the company will transport freight from Berth 95 in San Pedro and the Pebbly Beach


Amazon Expands Logistics Reach in China

Amazon.com Inc is aggressively expanding its logistics operations in China as part of a broader effort to control the rising cost of shipping billions of packages.   Its plans in China, outlined in filings there, include handling cargo and customs for goods headed to ports in Japan


GEODIS joins Maersk Line’s Carbon Pact challenge

Photo: Maersk Line A/S.

 Global Forwarder GEODIS and Maersk Line deliver their share and partner on a 5-year strategic commitment to reduce their environmental footprint.    This agreement integrates both companies’ sustainable commitments to reduce GEODIS’ CO2 emissions per container moved


Asia-Europe Box Rate Drop Continues

Image: a Maersk containership alongside during cargo operations (Maersk)

Freight rates on world's busiest route down 20.6 pct; forward contracts indicate continued weak 2016 market. Shipping freight rates for transporting containers from ports in Asia to Northern Europe plunged by 20.6 percent this week and there is nothing to indicate that shippers can expect






 
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