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Freight Services

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 throughout North America. Pilot is also a founding member of the World Freight Alliance (WFA), operating in more than 190 countries worldwide. The company’s freight forwarding services encompasses every mode of transportation, including air, ground, and ocean, serving all corners of the globe. In Q2, Pilot saw steady increases in all areas of business with the most significant stemming from their special services business, up 65.5 percent year-over-year and home delivery, up 37.2 percent over last year. “We are incredibly excited to see our numbers grow across all industry sectors and our customer base further develop,” said Richard Phillips, chief executive officer of Pilot. “In the third quarter of 2012, we look forward to seeing sustained long term revenue growth as a result of our dedication to exceeding our customers’ needs and expectations while consistently developing our business lines to serve a broader customer base."


Blu Logistics Brings Rate Management In-House

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CargoSphere,  cloud-based global rate management solution and confidential Rate Mesh network for the ocean and air transportation and logistics industries, has announced the completion of Blu Logistics’ integration with CargoSphere’s freight rate management solution.  Blu Logistics, a global logistics company offering sea and air freight services, customs brokerage, ground transportation, and warehousing, previously outsourced freight rate and contract management


CP Ships Acquires Borg Intl.

CP Ships Limited has acquired Borg International Freight Services Inc. Based in Montreal, Borg specializes in ocean and air freight forwarding and employs 22 people. Its annual gross revenue in 2004 was US $14 million. "The acquisition of Borg is a continuation of our plan to selectively develop logistics services as a way of leveraging strong regional market positions and adding value to our core container services


Changes at Crowley, P.R./Caribbean

Photo courtesy Crowley Maritime

Crowley's Puerto Rico/Caribbean liner services group announced two management appointments on Feb. 9 — Rudy Leming to vice president, marine & terminal operations, and Matt Jackson to vice president, Caribbean Island services. Both will report to John Douglass, senior vice president and general manager, and remain domiciled in Jacksonville.   In filling a newly created position, Leming, who previously served as vice president


Port of Cleveland’s Express Service Underway

Photo: Spliethoff Group

With the departure of the vessel Fortunagracht out of Antwerp, Belgium over the weekend, the Cleveland-Europe Express service between the Cleveland Harbor and Europe via the Saint Lawrence Seaway has officially launched. The vessel is loaded with breakbulk and containerized cargo and is set to dock in Cleveland around April 17. The Cleveland-Europe Express is the only regular, scheduled international container and noncontainerized cargo service on the Great Lakes


Geodis Wilson Appoints Middle East Managing Director

Sascha Geiken

Global freight management company, Geodis Wilson, said it plans to continue growing its Middle East network and has announced the appointment of Sascha Geiken as new Cluster Managing Director for the Middle East region. Sascha Geiken joined Geodis Wilson in 2009 as Managing Director of Geodis Wilson United Arab Emirates. In his new position as Cluster Managing Director, he will be responsible UAE, Qatar, Saudi Arabia and Bahrain.


SBS Worldwide Enhances Services

Global full service freight forwarder, SBS Worldwide launched a key ocean freight consolidation service through the US West Coast gateway for its customers in the north of the UK through its Manchester office, the first of a series of planned enhancements this year. Chairman, Steve Walker is certain that as the economic chill hardens, exporters and importers in one of the most important commercial, industrial and retail regions of the UK will welcome his company’s improved services


Mediterranean/N.American Freight Rate Stagnancy

Image credit APM

Ocean carriers were unable to increase freight rates between the Mediterranean and North America from November to January due to continuing poor vessel utilisation and the approaching threat of P3, according to the latest edition of Drewry's Container Insight Weekly. Westbound According to Drewry’s Container Freight Rate Insight, the average all-in freight rate quoted to forwarders for spot cargo from Genoa to New York remained a poor $1,950/40ft throughout.


Index-Linked Container Contracts Take-Off

Half of all index-linked contracts filed with the US Federal Maritime Commission reference Drewry’s Container Freight Rate Insight pricing benchmarks.   Drewry Maritime Research’s container freight rate benchmarks are the index of choice in index-linked container contracts, according to the US Federal Maritime Commission (FMC). The agency also indicated that uptake of index-linked container contracts on US trades was fast growing


German Yard FSG Launches its Longest RoRo Ferry

Photo credit FSG

Flensburger Schiffbau-Gesellschaft launches first of two RoRo freight ferries for the Turkish shipping company Ulusoy Sealines.  “At 208 metres, this is the longest and biggest freight ferry ever built at FSG”, declared shipyard Managing Director Peter Sierk. He added that it was a very significant moment for him and the entire shipbuilding team at FSG to see the “Ulusoy 14” slide into the Flensburg Fiord without a problem.


EU to Invest in Port of Dublin Development

The EU's TEN-T Program  will co-fund with almost €2.5 million studies on the capacity development in the Port of Dublin to improve the freight traffic connection to the main rail and road axis linking Ireland to the UK and continental Europe.


Maersk to Bump Asia-Europe Rates

File photo: a Maersk containership

Container shipping company Maersk Line, a unit of Danish conglomerate A.P. Moller-Maersk , plans to raise freight rates sharply on main routes from ports in Asia to ports in northern Europe, with effect from Nov 1. Rates for twenty foot equivalent unit containers (TEU) will rise by $900


Asia Dry Bulk-Capesize Fall on Cargo Woes

Rates for capesize bulk carriers on key Asian routes are again likely to fall as the volume of tonnage limits any price gains from an increase in chartering activity, brokers said. Freight rates for a voyage from Australia to China have steadily fallen since Sept


Paul N. Jaenichen - Maritime Administrator, United States Maritime Administration

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Paul “Chip” Jaenichen was appointed by President Obama and sworn in as Maritime Administrator on July 25, 2014.   Before his appointment, Administrator Jaenichen served as Acting Administrator beginning in June 2013. He joined the U.S


Asia-Europe Container Rates at One-Year Low

Container freight rates fell 10.2 percent on busy route; Maersk expects gradually declining rates. Freight rates for shipping containers from ports in Asia to Northern Europe fell 10.2 percent to $738 per 20-foot container (TEU) in the week ended on Friday


Dry Bulk Drought: Asia Rates Fall

(Photo - Vale do Rio Doce)

Rates for capesize bulk carriers on key Asian routes could continue to fall next week in the absence of major charterers although lower freight rates could tempt top iron ore miners back into the market and potentially buoy rates, brokers said.


Marine Highway Momentum from Maine Port Authority

Image: MARAD

The more than 25,000 miles of navigable Great Lakes, rivers, and waterways that make up America’s Marine Highway System are – and will remain – a key economic asset. Our nation’s marine highway routes and the tugs and barges that ply those marine highways help alleviate


U.S. Maritime Security: The Portunus Concept

(LLNL Photo)

The mission of the Lawrence Livermore National Laboratory (LLNL) is to strengthen United States’ security through development and application of world-class science and technology. LLNL seeks to enhance the nation’s defense; reduce the global threat from terrorism and weapons of mass


U.S. Drivers to Face Delays at Rail Crossings due to Oil Shipments

Delays at Train crossing

  Runaway oil production could slow road traffic as drivers face longer delays to cross train tracks in many congested regions, a U.S. study released on Friday predicted. Oil, coal and grain shipments are taxing the national rail grid as the deliveries of those commodities are expected to


Biden Champions Maritime at Port of Virginia

VP Biden speaks at the Port of Virginia (DOT photo)

Carrying 95 percent of U.S. foreign trade, our maritime transportation system, which includes America’s ports, is a crucial component of our nation’s economy. And with our growing population—and the associated need to increase the amount of freight our transportation network


New Sulphur Rules Force Changes at Stena Line

The new sulphur directive for shipping traffic within the North European SECA area, which comes into force on January 1, 2015, is good for the environment but has a significant economic impact on Stena Line's business.   The whole of the change program that begun in 2013


Two More Damen Twin Axe Catamarans for SeaZip

SeaZip 1 (Photo: Damen)

Damen Shipyards and SeaZip Offshore Service signed another contract for two Damen Fast Crew Suppliers (FCS) 2610 at Wind Energy in Hamburg. The two new vessels, to be named SeaZip 3 and SeaZip 4, will be mobilized in transporting personnel and small quantities of freight to North Sea offshore wind


CAGTC Members Win Big in TIGER VI

The U.S. Department of Transportation (USDOT) announced Friday that 72 projects will receive a total of $600 million from the sixth round of the Transportation Investment Generating Economic Recovery (TIGER) program. Of these, 12 Coalition for America’s Gateway and Trade Corridor (CAGTC)


Mideast Crude Tanker Rates Near 3-month Low

Crude oil tanker earnings on the major Middle East route fell to their lowest in nearly three months as a slowdown in business in recent days battered rate sentiment. The world's benchmark VLCC export route from the Middle East Gulf (MEG) to Japan <DFRT-ME-JAP> on Monday reached W37


USDOT Award Tiger Vl Maritime Grants

Kurt Nagle: Photo credit AAPA

American Association of Port Authorities
 (AAPA) say that after evaluating 797 applications totaling requests for $9 billion for FY 2014 Transportation Investment Generating Economic Recovery (TIGER) grants, U.S. Department of Transportation (USDOT) Secretary Anthony Foxx has announced 72 awards






 
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