Latest news

Saddle Creek Logistics Services has been selected to handle nationwide supply chain management for TalkingRain Beverage Company, a Seattle-based producer of spring and sparkling waters.

Barcoding Inc. has purchased Lake Zurich, Ill.-based Miles Technologies.

The U.K. said it expects to hire banks to advise on an initial public offering for Royal Mail Group, the 363-year-old state postal company, by the end of May.

Mitsui O.S.K. Lines posted a net loss of 178.8 billion yen ($1.9 billion) in its fiscal year ended March 31 but said its container shipping losses narrowed.

Maersk Line and INTTRA signed a new multiyear contract that expands their collaboration.

DGX-Dependable Global Express is expanding its service to Ecuador.

Roadrunner Transportation Systems on April 30 announced two acquisitions.

Maher Terminals’ board of directors has appointed Gary Cross as president and CEO.

The board of CompañÍa Sud Americana de Vapores has confirmed Francisco Pérez Mackenna as chairman and Andrónico Luksic Craig as vice chairman.

Air freight markets weakened in March, and the improvement in air cargo growth rates that began towards the end of 2012 has stalled, according to figures released by the International Air Transport Association.

The Indian Ministry of Shipping said major state-owned ports would get Rs. 649.11 crores (approximately $120 million) for maintenance dredging, as part of fiscal year 2013-14 budget plan.

OIA Global has opened an office in Tokyo, in line with the logistics company’s ongoing expansion in the Asia-Pacific region.

Japan’s ANA Holdings Inc., the parent firm of All Nippon Airways Co. (ANA), said on Tuesday that its group net profit surged 53.1 percent in fiscal 2012, which ended on March 31, from a year earlier to 43.140 billion yen ($440.20 million) despite a slump in cargo operations.

Japan Airlines Corp. said on Tuesday that its group net profit tumbled 8.0 percent in fiscal 2012, which ended on March 31, from a year earlier to 171.672 billion yen ($1.75 billion), despite revenue growth.

Canadian Pacific and Canadian National have been monitoring Saskatchewan, preparing to defend its infrastructure against flood waters as snow melts, Saskatchewan News reports.

Direct ChassisLink will initiate pool management operations for the Grand Alliance Chassis Pool on May 1.

Kuehne + Nagel is adding 30,000 square meters (about 322,917 square feet) to its premises in Geel, Belgium, increasing the capacity of the site to a total 87,293 square feet.

Hapag-Lloyd will boost rates for all cargoes and container types on its trade from Japan to the Persian Gulf, starting June 1. The increase will be $300 per 20-foot-equivalent unit.

Hamburg Süd will no longer serve as a provider of chassis to shippers for cargo moving under merchant’s haulage through area terminals and depots in the Norfolk, Va., area, starting July 1.

Penske Logistics has been awarded the contract to be the operational manager of the BMW of North America parts distribution center in Nazareth, Pa.

Lineage Logistics has begun operation of two cold storage facilities in Arlington and Murfreesboro, Tenn., on behalf of Rich Products.

Dan England, chairman of C.R. England, has announced a reorganization and new titles for members of the senior management team, following the death of former CEO Wayne Cederholm on April 9, 2013.

Noatum Ports has appointed Boris Wenzel as its new chief operations officer, effective May 2.

International Longshoremen’s Association employees of equipment maintenance and repair contractors in the Port of New York and New Jersey are voting today on a six-year labor contract.

NYK Line reported net income in fiscal year 2012, ending March 31, 2013, was 18.9 million yen (about US$229.52 million), jumping from a net loss of $884.5 million in fiscal year 2011, ending March 31, 2012.

Arkansas Best today reported a net loss of $13.4 million in the first quarter of 2013, improving from a net loss of $18.2 million in the first quarter of 2012.

Seacor Holdings reported a net loss of $11.2 million in the first quarter of 2013, compared with a net income of $36.4 million in the first quarter of 2012.

Danaos posted higher earnings and revenue in the first quarter as the Greek charter shipowner unveiled plans to renew its container ship fleet.

Capital Product Partners today reported revenue in the first quarter was $40.0 million, including $0.3 million in profit sharing revenues, compared with $39.8 million in the same quarter in the previous year.

Legislation to classify port drayage owner-operators as company employees has stalled in the New Jersey General Assembly.

A National Airlines B747-400 cargo plane crashed on takeoff yesterday at Bagram Airbase in Afghanistan.

Dockworker unions at the heart of a five-week strike at the Port of Hong Kong hinted they might downgrade pay demands, providing the government with some hope that talks scheduled for Tuesday may yield an agreement.

One of the Middle East’s most senior airline executives has dismissed claims that the three major Mideast airlines are growing more than other carriers operating in the region because of unfair advantages.

Universal Truckload Services reported net income in the first quarter of 2013 totaled $11.4 million, compared with net income of $14.4 million and pro forma net income of $10.4 million in the same quarter of 2012.

Container Corporation of India has announced a “special intermodal rate scheme” for the movement of empty containers between the Vallarpadam International Container Transshipment Terminal at Cochin port and Bangalore, a southern hinterland destination, following requests from terminal operator DP World.

James Welch is aiming for an operating profit at YRC Worldwide in 2013, following a $24.1 million operating profit in 2012, as he approaches his third year as CEO of the less-than-truckload operator.

OOCL celebrated the delivery of its fourth 13,208-TEU ship on April 29.

Cargo through Amsterdam Airport Schiphol rose slightly in the first quarter of 2013 to 366,269 metric tons, up 2.3 percent year-over-year.

Anthony Foxx, mayor of Charlotte, N.C., has been selected by President Barack Obama to be the new head of the Department of Transportation, NBC News reports.