Logistics visibility provider FourKites has acquired German carrier-focused provider NIC-Place, and with it, improved access to rail and cold chain data and NIC-Place’s data control centre.
NIC-Place will retain its company name and German offices, along with FourKites’ own customer-facing networks. Customers include Kuehne+Nagel, H Essers, Unterer, Quehenberger and Frigotrans.
“NIC-Place is the number-one provider when it comes to cold-chain tracking, for example all Pfizer shipments move...
As the major container lines struggle to maintain direct calls at the UK’s southern container hubs, another full load of imports from China has arrived at the port of Liverpool.
The 2,034 teu Aisopos 11 arrived at Liverpool at Saturday morning, completing its third voyage from China for Allseas Global Logistics under its China Xpress NVOCC banner.
The vessel was due to be worked at the T2 Terminal after its 27-day passage …
The post Hard-pressed shippers run for the safety of entrepreneurial...
https://theloadstar.com/hard-pressed-shippers-run-for-the-safety-of-entrepreneurial-ad-hoc-carriers/
One of the most talked about, listed and shining transport and logistics (T&L) firms in supply chain, CH Robinson (CHRW), has been on a roll lately.
Two events – announced two weeks apart in late November and early December – are representative of the Eden Prairie-based company’s financial situation.
One can be split into two capital allocation tiers (dividend and buybacks) yet each is, at least partly (you can choose whichever toy …
The post Analysis: CH Robinson – done with creative cash...
https://theloadstar.com/analysis-ch-robinson-done-with-creative-cash-creation-now-what/
PSA International’s international terminals continued to outperform its Singapore base last year, returning to pre-pandemic growth levels.
According to PSA, its terminals handled a total of 91.5m teu in 2021, a substantial increase on the 86.8m teu handled in 2020 and the 85.2m teu of 2019.
While the international portfolio reported 8.4% growth last year, compared with 3.7% in 2020 and 8.1% in 2019, with volumes of 54.3m teu in 2021 and …
The post Volume growth at PSA terminals returns to...
https://theloadstar.com/volume-growth-at-psa-terminals-returns-to-pre-covid-levels/
Seko Logistics is launching an e-commerce business unit to “lean into the integrators’ world” and boost its market in cross-border shipping, global fulfilment, heavyweight last-mile and returns.
It expects to develop the unit into a “multibillion dollar-plus” business by 2025.
“As a lot of the traditional e-commerce market drops down into the mail market, which leans into our commercial model too, we see a significant opportunity to lean into the integrators’ world …
The post Seko targets a...
https://theloadstar.com/seko-targets-a-slice-of-integrator-market-with-launch-of-e-commerce-unit/
The extraordinary lengths operators are having to go to clear congested container ports was highlighted this week when Felixstowe revealed it had broken its record for the largest exchange of containers on a single vessel.
A total of 23,773 teu, almost the entire nominal capacity of the ultra-large container vessel (ULCV) MSC Diletta, was exchanged over one week.
MSC Diletta first appeared on The Loadstar’s radar early this week when a local Mission to …
The post Felixstowe sets new record for...
https://theloadstar.com/felixstowe-sets-new-record-for-ulcv-box-exchange-up-to-130-moved-per-hour/
South Korea’s Ministry of Land, Infrastructure and Transport (MOLIT) is taking urgent action to deliver over 200,000 stranded parcels resulting from a prolonged strike by subcontracted couriers of the country’s largest logistics company, CJ Logistics.
Around 1,700 workers hired by the sub-contractors have refused to work since 28 December, claiming their wage rise is disproportionate to what the company is charging customers.
MOLIT is hiring 10,000 personnel to sort and deliver the …
The post Seo...
https://theloadstar.com/seoul-steps-in-to-sort-parcel-deliveries-as-cj-logistics-strike-goes-on/
The Northwest Seaport Alliance (NWSA) can see light at the end of the congestion tunnel.
At the end of last year, vessel unloading had slowed due to the festive holiday and icy weather, but terminals are back to handling multiple ships a day.
And the number of vessels waiting for berth space was down to two or three, mid-week.
Rail flows have been smooth since the two Class I operators that serve the …
The post US Northwest Seaport Alliance gets major boost in battle against congestion appeared...
https://theloadstar.com/us-northwest-seaport-alliance-gets-major-boost-in-battle-against-congestion/
We need hard, incremental evidence to draw a necessary line between causation and correlation regarding what is to follow in today’s musings – the two can exist at the same time of course, but while causation explicitly denotes a relationship whereby one event is the cause of another; correlation simply implies there is a relationship between two events, and the actual dynamic of that requires further investigation.
And this week’s action …
The post Against the odds: How cool – DSV a Nasdaq...
https://theloadstar.com/against-the-odds-how-cool-dsv-a-nasdaq-proxy-maersk-mimics-treasury-yields/
As the imbalance between supply and demand widens, container lines trading in the Indian market say they have made every effort to better manage shipper expectations, propelled by the resurgent global sourcing for Asian goods.
Echoing that sentiment, Sunil Vaswani, executive director of the Container Shipping Lines Association (CSLA), told The Loadstar liner operators substantially boosted equipment availability and vessel capacity levels over the past year to aid Indian export growth.
“About...