Tussle between HMM and Samsung escalates
The legal wrangling between South Korea’s flagship carrier HMM and its compatriot conglomerate Samsung Electronics is deepening. After Samsung Electronics’ US branch filed a complaint with the US Federal Maritime Commission (FMC) on 5 June, alleging that HMM had caused it to suffer loss resulting from 96,000 instances of demurrage and detention, the liner operator […]
Port of Long Beach sets June record with over 840,000 TEUs
The Port of Long Beach experienced its busiest June on record, fueled by strong consumer spending, potential tariff hikes and ongoing labour contract negotiations at seaports along the East and Gulf coasts. In June, dockworkers and terminal operators handled 842,446 TEUs, marking a 41.1% increase from the same month last year and surpassing the previous […]
CMA CGM increases rates from North Europe to US
Marseille-based container line CMA CGM has announced that effective from 15 August, a rate restoration initiative 5 (RRI05) will be implemented from North Europe to the United States. This initiative applies to all ports of load in North Europe, including North France, the United Kingdom, Ireland, Scandinavia, Poland, the Baltic, Portugal, and North Spain (Bilbao, […]
US containerized import volumes show strength
Despite geopolitical and macroeconomic uncertainties, United States container import volumes appear to be holding up very well, as evidenced by year-over-year volume gains. “We’re experiencing the strongest surge in volume we’ve seen in two years, and that’s a good sign for what retailers expect in sales,” said Jonathan Gold, vice president for supply chain and […]
CEVA and Almajdouie Logistics sign Saudi Arabia joint venture deal
CEVA Logistics, as part of its strategic plan, announced the signing of a Joint Venture (JV) agreement with Almajdouie Logistics, a logistics provider in Saudi Arabia. The agreement is now pending regulatory approval. CEVA Logistics will hold the majority stake in the new JV. Almajdouie Logistics stands to benefit from CEVA’s expansive global network, enhancing […]
DANX Carousel expands round-the-clock services with Logik deal
Time-critical logistics group DANX Carousel has acquired UK-based Logik Logistics International to expand its services and its network across Europe. The group said the acquisition would enhance its round-the-clock services on-demand/ad-hoc cross-border logistics, including express road, airfreight, aircraft charter, On Board Courier (OBC) and specialised handling for time-critical shipments. Lars Ryssel, managing director, western Europe, […]
Swissport appoints North America cargo bosses
Swissport is growing its cargo expertise in North America with the appointment of Ajay Barolia as senior vice president cargo and Peter Weir as senior vice president cargo commercial. Barolia joined Swissport on July 15 from Qatar Airways, where he spent over nine years in different senior roles, most recently as vice president global cargo […]
Dutch Supreme Court says Schiphol slots ruling wrong
The Supreme Court in the Netherlands has upheld a ruling that a plan to cut slots at cargo hub Amsterdam Schiphol Airport was unlawful. This decision follows something of a battle between the government, the International Air Transport Association (IATA) and airlines since the Dutch government’s “experimental regulation” to cut flight numbers at the airport […]
SATS and SF Group further collaborate on e-commerce services
Singapore-based aviation services company SATS has signed a a Memorandum of Understanding (MoU) with Chinese express delivery and logistics service provider SF Group to grow the existing e-commerce service collaboration between the companies. SATS and SF Group will combine their respective areas of expertise and service offerings as well as those of their affiliate companies, […]