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Think Tank
Global Logistics: Page 209
UASC's New Vessel Order Tops $2Bn
United Arab Shipping Company (UASC) has exercised options for six additional 14,000-TEU vessels bringing the total order to 16 ships. The order has been placed with Hyundai Heavy Industries (HHI) in Korea and is the largest in UASC's history, worth over $2bn, including all options. The order features vessels that will be amongst the largest, most technologically advanced, and most environmentally friendly container vessels ever built.
U.S. Container Imports in 2013 Reportedly the Highest in Six Years
U.S. vessel imports were up 3.7 percent from 2012, which totaled over 18.2 million TEUs (twenty-foot containers) brought into the United States last year. U.S. imports in 2013 started off at a slow start but ended with a surprising and unexpected surge from July through December. Annual TEUs haven't been this high since 2007, which is a good sign for a strong recession rebound in the U.S. trade industry. So far in 2014, the first three weeks of imports in January are already 5.2 percent higher than the same time last year.
CargoWise Partners with DPS Logistics in Latin America
CargoWise, a vendor of logistics technology applications, is partnering with DPS Logistics, a Panama-based consultancy.
Trends Impacting Chemical Industry Marketplace
Chemical production is often described, understated as it might be, as a "harsh" operating environment. Machinery, components and workers are subjected to extreme temperatures, pressures and substances as they generate end products that can be used in a multitude of ways.
The Many Benefits of Supply Chain & Logistics Summit Attendance
Kane Is Able Opens D.C. in Southern California
Kane Is Able, a third-party logistics provider, has opened a new distribution center in Rialto, California.
Batten Down the Hatches: New Trade Regs Are on the Way
Is trade compliance nothing but a headache? Or can it be good for business?
Calgary, Western Canada's Leading Distribution Hub
LAN Cargo to Build First U.S. Maintenance Facility
The Miami-Dade Aviation Department (MDAD) convinced LAN Cargo to build its first U.S. maintenance facility at Miami International Airport. The $23.9m project is expected to create more than 300 jobs in the first five years.
CMA CGM Group Announces Cooperation Pact on Asia-Indian Subcontinent Route
The CMA CGM Group is launching a space-sharing agreement with container-carrying partners Maersk Line, APL and OOCL on three services from the Far East to the Indian Subcontinent, starting in February of 2014.
CSAV Group Expands INTTRA E-shipping Capabilities to Customers Worldwide
INTTRA, the multi-carrier e-commerce network for ocean shipping, announced a strategic agreement with CSAV Group, one of the largest shipping companies in Latin America, to make INTTRA a preferred e-shipping platform for CSAV Group's customer base of shippers and freight forwarders.
Brazil Backs Billion-Dollar Port in Cuba
Cuba on Monday inaugurated a $957m port billed as the most modern in Latin America and crucial to the economic future of the communist-ruled island in a project financed by Brazil and equipped for ships passing through an expanded Panama Canal.
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