CEVA Logistics, one of the world’s leading supply chain management companies, today announced plans to expand its presence in the San Diego market with a new Freight Management and Logistics facility totaling 125,000 sq. ft. (11,612 sqm.) and 23 dock doors. The new facility will be the largest Freight Management and Logistics facility serving the San Diego market and represents the largest new warehouse agreement completed in central San Diego in the past five years. It will combine two current CEVA operations – a customer-dedicated facility presently based in Poway, CA, and the company’s current Freight Management operation, which is located in the same office park as the new facility in Mission Trails Industrial Park, 7411 Goen Place, Suite B&C, San Diego, CA 92120, near the San Diego International Airport and all major road arteries in the area. This announcement follows CEVA’s recent expansion of its Los Angeles (LAX)/Torrance freight management operation, underscoring its momentum in the Southern California market. One of the largest operations in CEVA’s global network, the company’s LAX/Torrance station now comprises three facilities totaling more than one million sq. ft. (92,903 sqm.) and 170 dock doors. “Our goal for our San Diego operations is to bring innovation and unparalleled knowledge of our customers’ business needs to bear on their total supply chain requirements
Canada to Northern Europe connection sails May 22 Global non-vessel operating common carrier (NVOCC) and ocean freight consolidator CaroTrans today announced a new weekly less than container load (LCL) service from Montreal to Le Havre, France. This direct service has a 14 day transit. Freight can originate from as far west as Vancouver with handling provided by multiple container freight stations throughout Canada.
Neptune Orient Lines (NOL), and its container shipping subsidiary, APL, this week received top prizes at the Asia Logistics Awards 2006. NOL was lauded for Ethical Responsibility and APL was named Shipping Line of the Year at a gala ceremony in Singapore attended by more than 300 senior representatives of the global logistics and freight transportation industries. NOL’s supply chain management business APL Logistics was also a finalist in the Seafreight Forwarder and 3PL of the Year
Reduce the Headaches: The Need for an Upgraded Transportation Management System In 2009, the United States alone shipped more than 2.2 billion pounds of goods such as coal, crude materials like wood, sand and gravel, and primary manufactured goods (United States Census Bureau). Undoubtedly, this required complex logistical planning for companies shipping their goods and left many transportation managers with headaches
Carlile Transportation Systems, Inc., a TOTE Logistics company, has named Larry Felix as their new Vice President of Business Development. Larry will provide leadership over commercial development in Alaska and throughout the Lower 48. Larry joins Carlile from Oak Harbor Freight Lines, Inc. out of Southern California, where he held the position of District Manager of Sales & Operations. Larry was responsible for developing the Southern Californian District comprised of seven terminals
The CMA CGM Group informs it has taken a strategic stake in the 25-years old Indian logistics company LCL Logistix, via the group’s freight forwarding and logistics solutions subsidiary CMA CGM LOG. CMA CGM LOG said it reinforces its position in India and will leverage LCL Logistix’s Indian network as well as its presence in Canada, in the United States and in East Africa to accelerate its development
Sam Shipping has recently launched the comprehensive freight portal www.FreightMarket.com. The portal, designed to obtain quotes for shipments between South America to Asia, will offer a platform for exporters, importers, traders and freight forwarders to list their freight requirements. The portal also offers freight quotes from NVOCCs and freight brokers, as well as a timetable of airline and shipping line schedules
Pilot Freight, worldwide transportation & logistics provider, picks up its seventh 'Ryder Transportation Management Carrier Quality Award'. Every year Ryder recognizes carriers through this award who demonstrate excellence in on-time performance, claims handling, customer service, technology applicants, economic value and innovation. The Ryder awards recognize excellence through a variety of metrics including: on-time performance, claims handling, customer service, technology applicants
CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, has announced adoption of CargoSmart’s Japan AFR (advanced filing rules) management solution to effectively address Japan’s new compliance requirement which goes into effect March 10th with no grace period. NVOCCs and ocean carriers are required to electronically submit filings for all Japan-bound ocean cargo or receive substantial penalties for not filing
Capt Sarveen Narula, has taken over as Director Liner and Passenger Services of The Shipping Corporation of India Limited (SCI) from 01 May 2014. Capt Sarveen Narula has more than 35 years of Maritime Experience both afloat and ashore. He has had more than 7 years command experience on several type of ships including Tankers, Bulk Carriers, Cargo ships and Container ships. He has extensive shore experience in various aspects of Liner and Passenger
The CMA CGM's move to buy Singapore’s Neptune Orient Lines (NOL), could lead to one of the biggest acquisitions in the shipping container industry in years. If it goes through, NOL and CMA's merger would be the biggest container shipping deal in years
The global steel company SSAB and Aspo Group’s ESL Shipping Ltd have signed a long-term frame agreement covering sea freight for SSAB’s inbound raw material sea transport within the Baltic Sea and from the North Sea.
Despite challenging market environment with freight rates reaching historic lows in several key trades, ZIM Integrated Shipping Services continues to outperform the average adjusted EBIT margins in the Industry. ZIM Integrated Shipping
International classification society RINA Services has launched a new Competence Management System certification which it says helps ship owners and managers to raise the skill levels of their crews and shore staff above the basic statutory requirements
Crowley formalizes new GlobalShip Management and Government Services groups; Golonka and MacDonald assume new vice presidential roles Crowley Maritime Corp. has formalized two new groups, Government Services and Global Ship Management
The cost of operating cargo ships is forecast to rise over the next two years after falling in 2015, according to the latest Ship Operating Costs Annual Review and Forecast 2015/16 report published by global shipping consultancy Drewry.
Capesize market could worsen in short-term; 3.5 mln tonnes could be cut from Brazil ore exports. Freight rates for capesize bulk carriers could drift lower next week as Brazil's Samarco iron ore mine disaster and uncertain ore demand from China weigh on cargo volumes, brokers said.
Record high freight rates are creating more headaches for traders looking to house millions of barrels of unsold crude oil and who already face potential losses due to record high stocks. They have to decide on whether to use tankers for longer term storage until they can sell their
Shipping freight rates for transporting containers from ports in Asia to Northern Europe plunged by 27.9 percent to $295 per 20-foot container (TEU) in the week ending on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.
A slump in dry bulk shipping is set to worsen as the meltdown in global commodities and too many ships free for hire rock the sector used by investors to gauge the health of world trade. Slower coal and iron ore demand from China - the world's biggest industrial importer - have battered
France's CMA CGM, the world's third-largest container shipping firm, said freight rates should recover next year after a market downturn led to a sharp fall in its third-quarter profits. The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk
In third-quarter 2015, CMA CGM once again outperformed the market average in an industry shaped by a sharp fall in freight rates and overcapacity in certain markets. Freight rates were especially weak on certain lines, including Asia-Europe
At its meeting in New York on November 20, the American Club’s board resolved to levy a general premium increase of 2.5 percent for P&I cover, but no increase in the cost of FD and D for the 2016 policy year. The club’s board also reviewed release call requirements for open policy
The world's largest container shipping company, Maersk Line, plans to raise spot freight rates sharply on main routes from ports in Asia to ports in northern Europe, with effect from Dec. 1, the company said on Tuesday. Spot rates for twenty foot equivalent unit containers (TEU) will rise by $1
Owners are rapidly laying up containerships as the market slows. The size of the idle fleet will get bigger while rates and profits slide, says Drewry Shipping Consultants Limited. The number of idle container vessels has gained momentum in November and hasjumped 52 percent from