International Logistics

Weekly wrap-up for Aug. 30, 2014
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties. The day after the grain terminal deal was announced, the ILWU and the Pacific Maritime Association, which represents employers in negotiations with the union on a coastwide container contract, issued a joint statement that the parties had reached a tentative agreement on health benefits. The joint release was but the latest indication that these talks are proceeding much less contentiously than negotiations in 2002 or 2008.

The 132 transportation and logistics companies that made the Inc. 500/5000 list of fastest-growing U.S. companies this year prove that size and speed aren’t always twinned.

Rising furniture imports fueled by higher home sales are generating demand for Zenith Global Logistics, a third-party logistics company specializing in home furnishings.

Intermodal chassis provider Direct ChassisLink Inc. has acquired REZ-1, which for 20 years has supplied technology for intermodal equipment management and service.

Haier Electronics spent $60 million in the first half developing its logistics business as the well-known Chinese brand embarks on a bold new strategy to tackle the increasingly outsourced logistics requirements of household electrical appliances and consumer electronics.

Baltic Reefers will acquire NYKCool from NYK Reefers, the refrigerated shipping segment of Japanese shipping giant NYK Line on Sept. 1.

An increase in U.S. manufacturing activity and imports is driving business to third-party logistics companies as shippers turn to 3PLs for freight capacity on highways and rails.


Damco warehouse
Carriers’ strategy to bundle logistics services with container shipping services appears to be “unraveling,” according to Alphaliner’s latest newsletter.

Middle East-based Simatech Shipping has announced the launch of a fortnightly feeder service linking Dakshin Bharat Gateway Terminal, a new private facility in India’s Port of Tuticorin (V.O. Chidambaranar), with Colombo, Sri Lanka, starting this month.

Cyberattack
The International Maritime Bureau said the threat of cyberattacks in the maritime sector has intensified in the past few months, as shipping and supply chains become the “next playground for hackers.”