article list of Ocean freight

[Ocean freight] General Maritime Files Bankruptcy With $1.4 Billion in Debt
General Maritime Corp., a transporter of crude oil via ocean tankers, filed for bankruptcy court protection from creditors amid low freight rates and a surplus of ships.
From: http://www.businessweek.com/news/2011-11-17/general-maritime-files-bankruptcy-with-1-4-billion-in-debt.html

[Ocean freight] MEMBER CENTER:
Ocean freight rate volatility is ratcheting up global supply chain costs even when rates head downward, said a DHL Global Forwarding executive.
From: http://www.joc.com/supply-chain-management/ocean-rate-volatility-raises-supply-chain-costs-executive-says

[Ocean freight] As Old Dominion Freight opens, city eyes expansion
Old Dominion Freight Line, the second tenant to call the Mills Business Park home, opened in mid-October. There’s room for other businesses. But the city also has its eyes on another roughly 700 acres in the Faircrest Street SW area. City officials plan to seek state funding to extend sewer and water services to that land for future development purposes.
From: http://www.cantonrep.com/news/x1229541807/As-Old-Dominion-Freight-opens-city-eyes-expansion

[Ocean freight] Top Stories
Despite the optimism of ship owners and a mid-quarter freight-market rally, ocean freight rates for shipping bulk commodities were considerably lower than both last year and the 4-year averages.
From: http://www.grainnet.com/articles/Bulk_Ocean_Freight_Rates_Remain_Low-116496.html

[Ocean freight] MEMBER CENTER:
(Berlin/Frankfurt, November 1, 2011) After nearly 40 years of committed work and leadership, Michael Korn, Deputy Chairman of the Management Board of Schenker Deutschland AG, entered retirement at the end of October. He was responsible for air and ocean freight, trade fair business, special transports, as well as logistics for major sports events.
From: http://www.joc.com/press-release/new-board-members-db-schenker-logistics

[Ocean freight] Freight Rails Military Veterans
A big part of David Applegarths job as field placement coordinator for Canadian Pacific in Portage, WI, involves telling job recruits about what it takes to work for a railroad, and he always strives to give it to them straight.
From: http://www.aar.org/military-faces.aspx

[Ocean freight] Next-generation cargo ships will be the largest ever
Partly in response to slow economic times, ocean freight lines say theyll be operating bigger ships. The reason: efficiencies of scale.
From: http://latimesblogs.latimes.com/money_co/2011/10/container-ships-ap-moller-maersk-axs-alphaliner.html

[Ocean freight] MEMBER CENTER:
Panalpina reported lower third quarter profit as a strong Swiss franc offset record ocean container volumes and strong air freight margins across the Swiss forwarder and logistics group’s global network.
From: http://www.joc.com/freight-forwarders/strong-swiss-franc-pulls-panalpina-profit-down-7-percent

[Ocean freight] eft.com
Both air freight and ocean freight reported declines in not only revenue, but also in tonnage. Air freight revenue declined almost 2% to $737m while air freight kilos declined 4%. Ocean freight revenue declined almost 15% to $511m and ocean freight TEUs declined 2%.
From: http://www.eyefortransport.com/content/expeditors-reports-declining-revenue-strong-net-revenue-increase-third-quarter-2011

[Ocean freight] Iron-Ore Rout Seen Ending Biggest Ship Rally in a Year: Freight
Steelmaker demand for iron ore, the biggest source of cargoes for commodity carriers, is weakening, threatening to end the most profitable shipping rates in almost a year.
From: http://www.businessweek.com/news/2011-11-01/iron-ore-rout-seen-ending-biggest-ship-rally-in-a-year-freight.html

[Ocean freight] CaroTrans Announces Direct Shanghai to Boston LCL Service
CLARK, NJ-- - CaroTrans, a leading global NVOCC and ocean freight consolidator, announces today a new direct, all water LCL import service from Shanghai to Boston. The first sailing of this weekly service ...
From: http://finance.yahoo.com/news/CaroTrans-Announces-Direct-iw-2226372163.html

[Ocean freight] DHL Lights the Way for Havells Sylvania Shipments from China to Brazil
MIAMI--(BUSINESS WIRE)--DHL, announces they have finalized a service agreement with Havells Sylvania for ocean freight and warehousing services in Santos, Brazil.
From: http://www.businesswire.com/news/home/20111026006506/en/DHL-Lights-Havells-Sylvania-Shipments-China-Brazil

[Ocean freight] eft.com
As Head of Global Ocean Freight at Schenker AG with headquarters in Essen, de Vroet will be responsible for a segment that saw over 1.6m containers (TEU) reach destinations throughout the world last year.
From: http://www.eyefortransport.com/content/db-schenker-logistics-appoints-new-head-global-ocean-freight

[Ocean freight] Iron-Ore Collapse Seen Ending Most Profitable Shipping in a Year: Freight
Steelmaker demand for iron ore, the biggest source of cargoes for commodity carriers, is weakening, threatening to end the most profitable shipping rates in almost a year.
From: http://www.bloomberg.com/news/2011-11-01/iron-ore-collapse-seen-ending-most-profitable-shipping-in-a-year-freight.html

[Ocean freight] New INTTRA platform to measure service integrity
Parsippany, New Jersey-headquartered, ocean freight industry e-commerce provider, INTTRA, has today launched OceanMetrics , a new business insights platform which it said provides actionable service delivery performance measurements sourced from the actual ...
From: http://www.ci-online.co.uk/news/showNews.asp?News_ID=31632

[Ocean freight] Top Stories
Ocean freight rates for shipping bulk grain have reached the highest levels recorded since March. During the week ending October 14, the ocean freight rate for shipping bulk grain from the Gulf to Japan was $59 per metric ton—the same as last year, but 13 percent higher than the 3-year average.
From: http://www.grainnet.com/articles/Bulk_Ocean_Freight_Rates_Highest_Since_March-115666.html

[Ocean freight] MEMBER CENTER:
INTTRA plans to launch a new tool on its e-commerce platform that will measure the delivery performance of ocean carriers.
From: http://www.joc.com/maritime/inttra-launches-carrier-performance-measurements

[Ocean freight] INTTRA Empowers Ocean Carrier and Shipper Community with Actionable Performance Measurements from New OceanMetrics? ...
PARSIPPANY, N.J.--(BUSINESS WIRE)--INTTRA, the leading provider of e-commerce solutions for the ocean freight industry, launches OceanMetrics, a revolutionary business insights platform, which provides actionable service delivery performance measurements based on actual carrier and shipper transactions processed on the INTTRA e-commerce platform. OceanMetrics is the first, and only, neutral ...
From: http://www.businesswire.com/news/home/20111101005054/en/INTTRA-Empowers-Ocean-Carrier-Shipper-Community-Actionable

[Ocean freight] UPDATE 1-Expeditors quarterly revenue misses estimates
Nov 1 (Reuters) - Logistics company Expeditors Internationalof Washington Incs third-quarter revenue missed WallStreet expectations due to soft air- and ocean-freight markets.Expeditors said freight ...
From: http://finance.yahoo.com/news/UPDATE-1-Expeditors-quarterly-rc-1507649705.html

[Ocean freight] China Cosco to merge dry-bulk freight units
SINGAPORE: China’s state-owned Cosco Group will merge its dry-bulk freight units to improve its bargaining power with shipowners, as it struggles with a severe market downturn and payment disputes that have tainted its reputation.
From: http://www.btimes.com.my/Current_News/BTIMES/articles/20110901233743/Article/

[Ocean freight] UTi Worldwide posts 21 percent jump in 2Q profit
Freight logistics company UTi Worldwide Inc. on Thursday said its fiscal second-quarter profit rose 21 percent, as revenue rose across all of its business lines.
From: http://news.yahoo.com/uti-worldwide-posts-21-percent-jump-2q-profit-163615301.html

[Ocean freight] INTTRA Files Counterclaims Against GT Nexus for Patent Infringement
INTTRA, the leading provider of e-commerce solutions for the ocean freight industry, today announced that it has filed counterclaims against GT Nexus, Inc. in the U.S. District Court for the Northern District of California, Oakland division, alleging that GT Nexus supply chain management platform infringes U.S.
From: http://biz.yahoo.com/prnews/110902/ny61477.html?.v=1

[Ocean freight] MEMBER CENTER:
The World Container Index went live today, with the first Europe-based assessment of ocean freight rates showing increases on some major liner trade routes.
From: http://www.joc.com/container-shipping/world-container-index-goes-live

[Ocean freight] UTi Worldwide Earnings Preview
UTi Worldwide will unveil its latest earnings on Thursday.
From: http://www.fool.com/investing/general/2011/08/29/uti-worldwide-earnings-preview.aspx

[Ocean freight] Expeditors 2Q Net Up 5.2% On Higher Airfreight, Customs Revenue
Expeditors 2Q Net Up 5.2% On Higher Airfreight, Customs Revenue
From: http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201108020949dowjonesdjonline000221&title=expeditors-2q-net-up-52on-higher-airfreightcustoms-revenue

[Ocean freight] Expeditors Q2 11 sea forwarding revenue declines as volumes weaken
US (Seattle)-based freight forwarder Expeditors has seen its ocean freight and servcies sector struggle in Q2 11 due to flat and falling cargo volumes.
From: http://www.ci-online.co.uk/news/showNews.asp?News_ID=31115

[Ocean freight] Capital Freight Management, LLC and Global Trade & Customs, Inc Announce a Strategic Transportation Partnership
Setting the standard for global visibility, customer satisfaction and reduced transportation cost.St George, UT and Long Beach, CA (PRWEB) August 24, 2011 This week Capital Freight Management, LLC and Global Trade & Customs, Inc both transportation companies announced a set of broad strategic collaboration agreements to build, market, and support a series of new domestic and international ...
From: http://news.yahoo.com/capital-freight-management-llc-global-trade-customs-inc-071959850.html

[Ocean freight] eft.com
In the first half of 2011, Damcos ocean freight volumes increased 11% compared with the same period in 2010. Supply chain management volumes were 2% lower than in the same period in 2010 due to the absence of last years restocking and weakening consumer demand in North America and Europe.
From: http://www.eyefortransport.com/content/damco-reports-positive-2011-half-year-results

[Ocean freight] MEMBER CENTER:
Damco saw its profit grow 9 percent year to $361 million in the first half of 2011 from the same period a year ago, as ocean and air freight volume increased despite what the logistics arm of A.P. Moller-Maersk Group called a challenging freight market.
From: http://www.joc.com/logistics-economy/ocean-air-freight-drives-damco-profit-9-percent

[Ocean freight] FedEx Trade Networks Further Expands Global Network with Three Additional Offices In Europe and Asia
FedEx Trade Networks, a subsidiary of FedEx Corp. (NYSE: FDX) and growing international ocean and air freight forwarder, today announced its ...
From: http://www.finanzen.net/nachricht/FedEx-Trade-Networks-Further-Expands-Global-Network-with-Three-Additional-Offices-In-Europe-and-Asia-1332569

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