The ocean freight rate and contract management software provider will allow users to use demurrage and detention data from more than 20 carriers as a carrier selection metric.
BIMCO opens office in Singapore
The international shipping association opened a new office in Singapore, which it will be sharing with staff from the Baltic Exchange and the Institute of Chartered Shipbrokers.
FedEx strengthens freighter fleet with $1.2b order from Boeing
The Memphis, Tenn.-based parcel carrier is scheduled to take delivery of the six Boeing 767 freighters in fiscal 2019 and 2020.
FMC reviews 13 OTI license applications
The U.S. Federal Maritime Commission has received 13 ocean transportation intermediary license applications and changes for review.
AirBridgeCargo tonnage surges 31 percent in May
AirBridgeCargo Airlines carried 50,482 tons for the month and 238,154 tons in the first five months of 2016, both 31 percent increases compared with the same 2015 periods, thanks in part to a rapid network expansion.
North American freight market growth remains slow, uneven
Shipment volumes in May 2016 grew 1.3 percent compared with the previous month, but expenditures slipped 0.4 percent, and both remained well below 2015 levels, according to the latest Cass Freight Index Report.
K + N reorganizes European operations
Swiss-based third-party logistics provider Kuehne + Nagel has divided its operations into two separate units and shuffled the company’s management structure in Europe.
GRI Roundup: Maersk, CMA CGM, Hapag-Lloyd, OOCL and MOL
Ocean carriers Maersk Line, CMA CGM, Hapag-Lloyd, OOCL and MOL issued general rate increases.
Port of Singapore volumes inch up in May
Container cargo throughput at the Port of Singapore grew 1.6 percent to 2.67 million TEUs compared to May 2015, the first year-over-year growth in over a year.
AgTC expresses relief from carriers using port scales to meet VGM requirement
The agricultural export group, which has been a critic of the container weight regulation implementation process, praised South Carolina Ports Authority CEO Jim Newsome for suggesting the use of port scales to obtain verified gross mass.