Europe

Europe

Images for weekly wrap-up
26 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association met for three days this past week without concluding negotiations; at the weekend, the parties announced a week-long recess in the talks. German carrier Hamburg Süd announced plans to acquire the container operations of Chile’s CCNI, in a move resembling the deal between larger competitor Hapag-Lloyd and Chile’s CSAV, and Crowley is reported to be in talks to acquire Horizon Lines’ Puerto Rico assets. Earnings reports by U.S. truckload carriers are pointing to a stronger freight recovery in the United States, though rail service continues to be held back. And on Friday, Anne S. Ferro announced her departure from the Federal Motor Carrier Safety Administration after five years leading the agency.
P3 broken links
09 Jul 2014
It ended so fast. With one statement, the countless hours and money spent over the last year to prepare for one of the biggest — if not the biggest — game-changers in global container shipping went up in smoke.
Port of Rotterdam. Photo: Shchipkova Elena / Shutterstock.com
09 Jul 2014
The European Union has opened an in-depth investigation to determine whether tax breaks for publicly owned Dutch ports, including Rotterdam, breach its state aid rules.
Seko Logistics’ new Milton Keynes facility.
09 Jul 2014
Seko Logistics has invested in a 152,000-square-foot logistics center in Milton Keynes, England, to keep pace with rapid growth in U.K. retailers’ online sales.
Air France A380
08 Jul 2014
Air France-KLM trimmed its 2014 profit forecast by up to 12 percent, citing “persistently weak” cargo demand.
Doctor and patient
07 Jul 2014
Endochoice, a six-year-old Atlanta-based importer of medical devices and disposable infectious control supplies and services for gastroenterologists, most of whom were in the U.S., had to reengineer its global supply chain last year when it acquired high-tech medical companies in Israel and Germany and began to manufacture and distribute a sophisticated new system for colonoscopies internationally.
07 Jul 2014
Forwarders remain unimpressed with new European Union air cargo screening regulations that have been in effect for a week, although no major disruptions have been reported.
06 Jul 2014
The logistics demands of home delivery and a shopping explosion in emerging markets are revolutionizing the contract logistics field, according to Transport Intelligence’s new Global Contract Logistics 2014 report.
05 Jul 2014
OOCL has been fined €50,000 over the death of one of its senior executives 11 years ago.
Weekly wrap-up for July 5, 2014
05 Jul 2014
Events on the U.S. West Coast dominated the news this past week, as the International Longshore and Warehouse Union and the Pacific Maritime Association continued negotiations toward a new contract.
Spot rates from Shanghai to Northern Europe rose to $1,416 per 20-foot container this week.
04 Jul 2014
Spot rates from Asia to Europe increased this week after several weeks of decline.