Logistics & Shipping

First reported 6 hours ago - Updated 2 hours ago - 2 reports

NEPTUNE ORIENT LINES : NOL looking for buyers for APL Logistics arm: Bloomberg

SINGAPORE , Oct 31 (GCTL) - Neptune Orient Lines (NOL), South-east Asia's biggest container line, is seeking buyers for APL Logistics unit in a sale that could fetch at least US$1 billion ( S$1.27 billion ), said Bloomberg .Citing unidentified sources, ... [Published 4 Traders - 2 hours ago]
First reported 12 hours ago - Updated 4 hours ago - 3 reports

10 more CMA CGM ships to get bow retrofits

Ten more CMA CGM ships are scheduled for modifications to their bows that will help the company save nearly 6 percent on fuel, the French carrier said.CMA CGM announced it would retrofit 10 of its vessels with new bulbous bows, bringing the total number ... [Published Journal of Commerce - 8 hours ago]
Entities: CMA CGM SA, Acquisition
First reported 13 hours ago - Updated 4 hours ago - 4 reports

Old Dominion Freight Line

(ODFL) said Q3 EPS rose 29% to 90 cents, beating views by 3 cents. The trucking firm's revenue increased 21% to $744 mil vs. views for $733 mil. Shares rose 1.8% to 72.36.Information Technology Finance Old Dominion Freight Line ... [Published Yahoo! Finance - 4 hours ago]
First reported 14 hours ago - Updated 5 hours ago - 11 reports

Carnival Cruise Lines CEO to retire

Travel & Tourism News. Find out more at ETB News<?xml encoding="UTF-8">President and chief executive officer Carnival Cruise Lines Gerry Cahill, announced he is retiring after 20 years of service.Effective 30 November, Mr Cahill, 63, has been chief ... [Published e-Travel Blackboard - 5 hours ago]
First reported 12 hours ago - Updated 6 hours ago - 2 reports

Western Power Distribution orders Airbus Helicopters EC135 P2e

Western Power Distribution orders Airbus Helicopters EC135 P2e2014-10-30 12:51:45Airbus Helicopters Press ReleaseAirbus Helicopters has sold an EC135 P2e to Western Power Distribution. Airbus Helicopters PhotoWestern Power Distribution (WPD) has purchased ... [Published Vertical Magazine - 10 hours ago]
First reported Oct 29 2014 - Updated 10 hours ago - 3 reports

Johnson Controls Sales Up 3% in Fiscal 2014

Milwaukee, WI-based Johnson Controls (NYSE: JCI), a global multi-industrial company, reported sales for the fiscal year ended Sept. 30 of $42.8 billion, a year-over-year increase of 3 percent. Profit grew 3 percent to $1.2 billion.In the fourth quarter, ... [Published Modern Distribution Management - 10 hours ago]
First reported 12 hours ago - Updated 11 hours ago - 2 reports

TNT to launch data management for pharma

TNT is introducing TrialDat, a web-based data management tool for the clinical research sector.The international express delivery company said that TrialDat will capture real time end-to-end data on a single platform.TrialDat will be available to all ... [Published Air Cargo News - 11 hours ago]
First reported 14 hours ago - Updated 12 hours ago - 2 reports

Another Successful Project Air Freight Movement for UK Based Group

Helicopter Disassembled and Flown to AfricaUK – AFRICA – Ruslan International , the UK based joint-venture company that manages and markets the seventeen giant AN-124 freighters belonging to its owners, Antonov Airlines and Volga Dnepr Airlines, has partnered ... [Published Handy Shipping Guide - 14 hours ago]
First reported Oct 29 2014 - Updated 14 hours ago - 4 reports

Seaspan accepts delivery of fifth 10000 TEU SAVER containership

Seaspan Corporation accepted delivery of a 10000 TEU containership, the MOL Brightness. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd. using Seaspan's fuel-efficient SAVER design, is Seaspan's fifth 10000 TEU ... [Published Transport Weekly - 14 hours ago]
First reported Oct 29 2014 - Updated 15 hours ago - 17 reports

UPS & FedEx announce busiest holiday shipping days

(NBC) Get those holiday packages ready, both UPS and FedEx are predicting a busy holiday shipping season this year, but they're not predicting the same busiest day.UPS expects its busiest holiday shipping day to be Monday, December 22nd. The company is ... [Published KWWL - 15 hours ago]
First reported Oct 29 2014 - Updated 15 hours ago - 4 reports

Tech ‘big hitter’ joins freight automation firm

Following a 600% year-over-year growth in online automated freight quoting, Freightos has added Robert Mylod, the managing partner of Annox Capital and former Priceline Group CFO and head of worldwide strategy, to its board of directors.Freightos said ... [Published Lloyds Loading List - 15 hours ago]
First reported Oct 29 2014 - Updated 18 hours ago - 3 reports

Maersk Drilling names jack-up rig in Norway

Maersk Drilling has recently its latest ultra harsh environment jack-up rig ‘Maersk Interceptor’ in a ceremony held at GMC Marine Partners yard in Mekjarvik, Norway.One of the largest jack-up rigs of its type, the ‘Maersk Interceptor’ is the second in ... [Published Baird Maritime - 18 hours ago]

Quotes

...tracking to be one of our best LPDs ever, and it is the most complete ship at launch to date," said Ingalls Shipbuilding President Brian Cuccias. "We are incorporating learning from each ship to improve our performance in both cost and schedule. Our hot production line in LPD construction provides efficiencies in day-to-day work efforts and helps stabilize the program and the associated supplier base."
"They are already having funding problems. Their gamble has backfired. Some people might be concerned they might need a lot of funding in future because oil exploration is a very capital-intensive business" said Hong Kong-based Lun
...The association had earlier in the evening submitted a petition to the divisional railway manager requesting him to " make the Nilgiris Express stop at Periyanaickenpalayam before it makes it final stop at Mettupalayam and provide more amenities at the Periyanaickenpalayam station like provide snack stalls, a library, toilets and better platform facilities"
The agency was located in a small closet-sized room in Frist, across from Cafe Vivian. Now, the door to the room is closed, with a note that reads, "The Shipping and Packing Agency has closed permanently. We would like to thank everyone for their business."

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Syngenta supports Maritime research looking to ... [Published PR Newswire - Jan 30 2014]
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