Maersk Line, the world's biggest container shipping company, will stop plying through the Panama Canal to move goods from Asia to the U.S. east coast as bigger ships help the company move it profitably through Suez Canal.
DHL Supply Chain will invest $52.5m over the next few years to further strengthen its position in Indonesia. By 2015, the company plans to increase its transportation fleet by over 100 percent up from its fleet of 370 vehicles at present and grow its staff strength by over 70 percent from its current base of some 2,250 employees.
Port and city officials have called for expediting planned upgrades at the ports of Los Angeles and Long Beach to stave off the threat of losing cargo traffic when the $5.25bn Panama Canal expansion is completed next year.
U.S. vessel imports are up from December by 6.9% and just above January of 2012 by 0.1%. The total TEU count for January was 1,518,851 and shipments were over 750,000. January imports have not been this high since 2007, which signals some steady rebounding growth for 2013.
With a tentative contract deal reached with East Coast and Gulf Coast dockworkers - though a key West Coast agreement remains unsettled - import cargo volume at the nation's major retail container ports is expected to increase 8.5 percent in February over the same month last year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
The G6 Alliance, a group of six ocean carriers sharing vessel space in the Asia-to-Europe container trades, is expanding its reach to include the route from Asia to the East Coast of North America.
Asia Pacific's logistics industry continues to develop at a fast rate despite the economic weakness of its two largest trade partners - the EU and the U.S.
BNSF Logistics LLC, a multimodal transportation and third-party logistics services provider, has acquired Albacor Shipping, Inc., a global project and general cargo services entity based in Toronto, Canada.
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