Ten cranes at APM Terminals’ Pier 400 at the Port of Los Angeles are being lifted higher to reach across mega-size container vessels being deployed on the transpacific shipping lane.
PMSA to publish container dwell times at ports of L.A./Long Beach on monthly basis
The Pacific Merchant Shipping Association will start publishing the average container dwell times at 12 marine terminals in the ports of Los Angeles and Long Beach on a monthly basis to help supply chain efficiency efforts.
SCFI falls 1.3%
The Shanghai Containerized Freight Index fell 1.3 percent from last Friday to a reading of 825.10.
Ford changes plans for production shift to Mexico
The automaker said it will keep open a production line for one of its models at a Kentucky plant instead of relocating it to Mexico and President-elect Trump hailed the decision.
CMA CGM posts $268m loss in Q3
However, the French ocean carrier said it has fully repaid a loan used to acquire Neptune Orient Lines and its APL container shipping subsidiary.
Analysts weigh in on Infor’s Koch funding
Most anticipate Koch’s $2 billion infusion in Infor will enable it to target larger customers with its cloud-based approach, centered around its GT Nexus commerce platform.
Executive Moves: NEHDS Logistics and CVI International
NEHDS Logistics names president, while CVI International appoints VP of business development and sales.
SNEAK PEEK AT COACH HOUSE, OPENING TOMORROW (HINT: IT’S AMAZING!)
Coach has outdone itself with its new three-story Fifth Avenue flagship, opening tomorrow in honor of its 75th anniversary. Accessories Magazine was lucky enough this morning to get a sneak peek of the store, which is one part art installation, one part leather apron-wearing craftsmen doing on-site monogramming and construction demonstrations, …
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FTR: October truck trailer orders surge 72%
Truck trailers orders reached 20,200 units in October, 72 percent over the previous month, but down 38 percent year-over-year, according to industry analyst FTR.
Pasha Hawaii plans for two new LNG fueled containerships
The Honolulu-based ocean carrier said the two vessels will be the first of their kind to serve the Hawaii-Mainland trade lane, operating fully on liquefied natural gas from day one in service.