Deutsche Post appointed Tim Scharwath, who until recently served as head of global airfreight at Swiss-based third-party logistics provider Kuehne + Nagel, as chief executive for DHL Global Forwarding, Freight.
Containership owners break off talks with HMM to reduce charter rates
Ship owners on Wednesday broke off rate negotiations with struggling South Korean shipping conglomerate Hyundai Merchant Marine without reaching an agreement, according to multiple reports from Korean media outlets.
DHL opens logistics center at Amsterdam-Schiphol
The forwarder established the new temperature-controlled logistics center for life science and healthcare products.
Port of Charleston withdraws proposed VGM fee
South Carolina Ports Authority officials will not charge $25 to weigh containers to meet the SOLAS verified gross mass requirements because the authority has determined it doesn’t need to send the info to shippers.
Shipbuilding layoffs emerge in South Korea
The South Korean government’s push to restructure debt-laden companies will result in many layoffs, especially in industrial hubs along the southeast coastline, where shipyards and ports dominate the landscape.
EU cancels plans to discuss boosting sugar supply
The European Union, which was once the second-largest sugar exporter, is seeing its sugar stockpile plummet, with inventories expected to fall to 716,000 tons by the end of September, the lowest since a sugar reform was implemented in 2006.
Thune asks FMC to brief Senate Commerce Committee on VGM rule
Sen. John Thune, R-S.D. asked Federal Maritime Commission Chairman Mario Cordero for the agency staff to brief the committee staff on this issue by no later than May 31, 2016.
Northwest Seaport Alliance posts April cargo volumes
The Northwest Seaport Alliance handled higher volumes of loaded container imports and loaded container exports in April compared to April 2015.
Importers also feel impact of VGM rule
Many importers remain confused about how the safety rule will be implemented and whether there will be any supply chain disruption as the shipping industry adjusts to new procedures.
Port of Charleston sees box volume sink 6% in April
Many East Coast ports reported a decline in loaded container volumes during the month, reflecting the fact that the overall container trade is tepid, South Carolina Ports Authority CEO Jim Newsome explained.