OmniTRAX’s logistics arm has begun arranging the transport of coiled steel from NUCOR Steel in Hickman, Ark. to pipe and rod manufacturer WEBCO in Sand Springs, Okla., using unit trains and its nearby transload facility for the first time.
Boeing subsidiary enters partnership with Michelin
Boeing’s subsidiary Aviall, which provides aftermarket supply-chain management services to the aerospace and defense industries entered into a collaboration agreement with Michelin.
Report: UASC considering sale of chemical tanker unit
United Arab Shipping Co. could sell off its UACC division, a tanker business for oil and petrochemicals, for more than $600 million as part of its plans to merge with German ocean carrier Hapag-Lloyd, according to a report from Bloomberg news service.
Former Macy’s distribution center manager pleads guilty to mail fraud, money laundering
Former Macy’s distribution center manager Rudy Rampertab pleaded guilty in the U.S. District Court in Cincinnati to one count each of mail fraud and money laundering.
SCFI slips as rates to Northwest Europe, Med drastically decline
The Shanghai Containerized Freight Index fell 1.1 percent from last Friday, driven down by lower rates on the Shanghai to Northwest Europe and Mediterranean trades, which was partially offset by higher rates from Shanghai to the United States.
Commentary: 2M Alliance becomes three
Ocean carrier Hyundai Merchant Marine joining the 2M Alliance – comprised of Maersk Line and MSC – has fueled speculation about Maersk’s ultimate motives, but the short term impact is a larger share on the transpacific trade, especially from Korea.
Italian authorities seize cocaine from MSC containership
The cocaine was discovered aboard the MSC Poh Lin, which according to ocean carrier schedule and capacity database BlueWater Reporting, operates on MSC’s California Express service.
Commentary: Beware of the ‘anti-Google Maps guy’
There are invariably roadblocks to logistics technology adoption, and often it’s someone internally who considers their experience more valuable than what a system advises them to do.
XPO secures contract with French sports retailer
The Greenwich, Conn.-based third-party logistics provider won a five-year contract to manage INTERSPORT’s first outsourced logistics warehouse.
U.S. ports lag behind neighboring foreign ports
Federal Maritime Commissioner Richard A. Lidinsky Jr. said that ports in the United States must continue to expand and improve to handle rising container volumes in order to stay competitive with neighboring foreign ports.