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."
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 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
Greencarrier Freight Services’ business has strengthened its position in the energy and project forwarding markets by achieving management (ISO 9001) and environmental (ISO 14001) certification for its Energy & Project Business Unit. “As a new and relatively small company in the oil and gas and project logistics industries, we have to produce a level of quality, personal service and knowledge that exceeds what the competition is doing,” said Georg Skivik Moltu
As the shipping operator BG Freight Line is set for a new freight service connecting the links, Scotland’s food and drink, chemical and manufacturing industries are looking for a boost. BG Freight Line, wholly-owned by Clydeport owner Peel Ports, has extended its Irish Sea network with a new service connecting Rotterdam, Liverpool, Belfast, Dublin and Greenock. The route, which will also take in Belfast
Hili Company, the logistics division of Hili Ventures, has entered into a joint venture agreement with leading international energy logistics company Peterson to provide oil and gas logistics services across the Mediterranean and North Africa. Peterson offers a comprehensive range of safe, reliable and value added logistics solutions to the global energy industry from locations including the Netherlands, North America and the northeast of Scotland.
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
The world’s first LNG-powered container vessel, TOTE Maritime’s Isla Bella, transited the Panama Canal October 30, marking a milestone not only for the maritime industry, but also for the Canal as it nears the completion of its expansion scheduled to open in 2016, the Panama Canal Authority (ACP) announced. The 3,100 TEU capacity, 764-foot-long American-flagged Isla Bella is the first of two Marlin Class containerships contracted by TOTE Maritime and built by General Dynamics
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, Europe and the United States. Some analysts say the move could help position Amazon to offer shipping services to other companies
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
Container spot freight rates from Asia to Northern Europe rose 7 percent to $961 per twenty-foot equivalent units (TEU), the Shanghai Containerized Freight Index showed on Friday. Freight rates from Asia to ports in the Mediterranean rose $38 to $882 per TEU
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.
The Intermodal Association of North America has created a resource center, available on its website, to provide a wide range of information for prospective intermodal users and those who are new to the industry. The Intermodal Freight Resource Center offers educational tools
Brazil-China rates hit 15-month high for second time this year. Freight rates for large capesize dry cargo ships on key Asian routes could hold steady or slip slightly next week after unexpectedly climbing this week on strong cargo volumes, ship brokers said.
International transport and logistics executives are increasingly benchmarking their companies’ costs and supplier terms in ocean transport contracts, according to data gathered by Drewry Supply Chain Advisors. In the past 6 months
Laugfs Maritime Services, the shipping division of Sri Lanka’s Laugfs Gas, has purchased its third Liquefied Petroleum Gas (LPG) carrier vessel for USD 2.875 million, reports Lanka Business Online quoting company sources.
Maersk, the world's largest container shipping line, has teamed up with Alibaba to allow customers to reserve space on its vessels through the Chinese company, illustrating growing cooperation between e-commerce and logistics firms.
TFI International Inc., formerly known as TransForce Inc., a North American leader in the transportation and logistics industry, has announced that a wholly-owned subsidiary of TFI International has acquired Brampton, Ontario based National Fast Freight (NFF) from Calyx Transportation Group
Sino-Global Shipping America, a non-asset based global shipping and freight logistic integrated solution provider, has announced the signing of an Inland Transportation Agreement with COSCO Beijing International Freight Co in which COSFRE Beijing will utilize the Company's
Marine News looks back at the past 12 months and showcases the best of North America’s workboat design shop and shipyard output. In a year where some stakeholders might not rank 2016 as the best of years in the shipyard or on the waterfront, we might disagree
The European Commission said on Monday it had approved two Italian public support schemes designed to shift freight transport from roads to cut congestion and pollution. The first measure, with a budget of 255 million euros, aims to shift freight traffic to rail by granting subsidies to rail
A brand new liquefied natural gas (LNG)-fueled roll-on-roll-off freight vessel, Searoad Mersey II, has commenced service from its home port Devonport, in northern Tasmania, Australia. Touted by Bass Strait shipping and logistics firm SeaRoad as the “cleanest
Ocean freight rates for cargo moving under contracts on the major East-West trade routes saw a reversal of trend in 4Q 2016, according to Drewry’s Benchmarking Club, a closed user group of 50 multinational retailers and manufacturers who closely monitor their contract freight rates.
Moody's outlook for the global shipping industry in 2017 is negative, reflecting continued oversupply and a 7%-10% decline in EBITDA. Dry bulk freight rates will remain low due to subdued demand, though deferred vessel deliveries
Rederij Doeksen has contracted Damen Shiprepair Harlingen to carry out the conversion of its 47.15-meter-long freight catamaran, Noord-Nederland. The conversion work will provide Rederij Doeksen with increased capacity to manage seasonal fluctuations in freight demands.