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Ocean Transportation: Page 219

Kewill Launches Universal Carrier Module for Global Shippers

Kewill Plc, a provider of software for managing global trade and logistics, has launched the Kewill Universal Carrier Module.

CEVA Logistics Expands LCL Distribution Network in Midwest

CEVA Logistics has expanded its less-than-containerload (LCL) ocean freight services into the U.S. Midwest.

Inttra Allies with CargoSphere for Ocean Freight Rate Management

Inttra, a global electronic-commerce network for the ocean shipping industry, has formed an alliance with CargoSphere, a cloud-based confidential rate network.

Retail Container Imports Expected to Come in 4.8 Percent Above 2011 Level

Import cargo volume at the nation's major retail container ports is expected to increase 6.3 percent in August compared with the same month last year, and 2012 should show an increase of 4.8 percent over last year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

Panjiva Issues Maritime Monitor for Trade Analysis, Lead Generation

Panjiva, provider of a platform for global sourcing, has developed Maritime Monitor, a product designed to meet the trade-analysis and lead-generation needs of the maritime industry.

The Pros and Cons of Hedging Ocean Freight Rates

Over the last five years, the word "hedge" has become something of a dirty word. Think hedge funds - those massive, unregulated accumulations of capital that played a key role in bringing about the Great Recession. The idea of protecting oneself against adverse economic conditions seemed sound, but it quickly mutated into a bewildering flurry of transactions that ended up creating more risk than they were designed to mitigate. What's more, the original concept behind hedge funds became watered down to the point that many today aren't really "hedging" against anything. They're simply a means for investors to park their money with a trusted fund manager who might or might not repay that trust in the form of steady returns - all with minimal regulatory oversight.

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CMA CGM Adding Two Brazilian Ports to South American Service

The CMA CGM Group is upgrading its weekly, fixed-day Brazil Express (Brazex) container service, with the introduction of two new Brazilian ports, Manaus and Salvador de Bahia, to the rotation.

The Pros and Cons of Hedging Ocean Freight Rates

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World's Container Fleet Continues to Grow, Report Finds

The world's container equipment fleet grew by 8.5 percent during 2011, taking the global fleet to 31.25 million TEUs, compared to a 7-percent growth in 2010, according to Container Census 2012 - Survey and Forecast of Global Container Units, analysis from Drewry Maritime Research.

Crowley Debuts LCL Logistics Services to Colombia

The logistics group of Crowley Maritime Corp. has expanded its service to include less-than-containerload (LCL) ocean and air-cargo lifts, as well as customs brokerage services, to Cartagena, Colombia from key points within the U.S. and Latin America.

Spectrum Chemicals Takes the Lid Off Growth

The company's sales of high-value chemicals, laboratory supplies and equipment were constrained by an inefficient order-entry and processing system. It needed a new sourcing solution for its upstream supply chain.

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Study of U.S. Inland Containerized Cargo Moving Through Canada, Mexico Is Released

Carriers shipping cargo through Canadian and Mexican ports do not violate any U.S. law, treaty, agreement or Federal Maritime Commission regulation, according to an FMC study prompted by members of Congress.

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