HAPAG-LLOYD has announced a general rate increase of US$500 per TEU for all cargo and container types in the Far East westbound trade from East Asia to Europe from January 6. The general rate increase will apply to all shipments from East Asia (excluding Japan) to all north Europe and Mediterranean destinations, including the Black […]
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Posts by ExpressTracking
Container firms order new ships to gain economies of scale
Global container shipping companies have a strong appetite for new vessels, despite existing overcapacity, because they want to trade up to larger ships to benefit from economies of scale, according to shipping analysts. Shipping association Bimco expects total container shipping fleet capacity to grow by 5.9 percent in 2013, although estimates for the amount of […]
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G6 Alliance to Expand Coverage to Compete With P3
The G6 Alliance unveiled plans today to expand into the trans-Atlantic and Asia-U.S. West Coast trade lanes in a widely expected response to the proposed P3 Network partnership between the world’s three largest carriers, Maersk, Mediterranean Shipping Co. and CMA CGM. The G6 carriers — Hapag-Lloyd, NYK, OOCL, Hyundai Merchant Marine, APL and MOL — […]
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COSCON, Hanjin Shipping and Yang Ming to jointly launch
COSCON, Hanjin Shipping and Yang Ming will launch a jointly-operated Russia – Finland service from the middle of May. Named RFS (Russia – Finland Service), this new service will be operated with 3 of 1,300TEU class vessels deployed by each partner carrier. It will provide twice-per-week service connecting Hamburg, St. Petersburg and Kotka. Meanwhile, partner carriers believe that the […]
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Hapag-Lloyd, CSAV Discuss Joint Opportunities
Hapag-Lloyd and CSAV are currently maintaining dialogue regarding the possibilities of mutual interest should the companies engage in a business partnership or any other form of association. To date, these discussions have not resulted in any binding or nonbinding agreement between the parties. Hapag-Lloyd said more information will be published should any relevant development occur. […]
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CSAV NORASIA Conosur Service – Imbituba call
Dear Customer, This is to inform you that our Conosur Service will stop calling Brazilian port of Imbituba as from MV Cap Roca V.69, which estimated time of arrival in Imbituba is January 29, 2014. New port rotation as from MV Cap Roca V. 69 will be as follows: Sepetiba, Santos, Rio Grande, San Antonio, Callao, Guayaquil, Arica*, […]
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ATS Fuel Surcharge: Effective Dates: from 2013/12/23 to 2013/12/29
Effective Dates: from 2013/12/23 to 2013/12/29 Updates will be posted on the ATS Web Site every Friday and become effective the following Monday for a period of 7 days. Please note: Benchmark Price Index ONE Ground Courier (up to 499 lbs) Benchmark Price Index TWO Ground LTL (500 lb and over) Diesel Motor Fuel Diesel Motor Fuel Cents per Litre […]
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Seamless Transitions: Are They Possible?
Large organizations are often reticent to switch service providers because of the short-term ramifications of transitioning business to someone new. These are five important considerations for importers and shippers to keep in mind when the time is right to transition your logistics and compliance programs to a customer-service focused and highly experienced service provider. “We […]
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Expeditors Ranks on the 2013 Fortune 500 List
Fortune Magazine ranked Expeditors 428th on the 2013 Fortune 500 list. Expeditors has been on the Fortune 500 list 8 years running since 2006. The ranking is compiled and published by Fortune Magazine on the basis of 2013 gross revenue. Note: ExpressTracking provide Expeditors Tracking service now.
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2013 Executive Excellence Awards (CEOs): Peter Rose
Peter Rose was recognized by Seattle Business for his secret to success which helped grow Expeditors into a global transportation logistics giant. Rose’s formula was simple and transparent: Create a well-defined corporate culture, provide a good employee incentive package, avoid debt, invest in technology that boosts productivity, and pursue long-term profits over short term gains. […]
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