News
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Wallenius Wilhelmsen opens new terminal; expands China, Australasia routes
Wallenius Wilhelmsen has reached an agreement with Associated British Ports to build a new 11.75 acre (4.76 hectare) car handling facility at Southampton, UK, to be completed by year-end 2001. The multi-decked car terminal will be sited at berth 34…
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Crowley completes merger with Marine Transport Corporation
Crowley Maritime Corporation has completed the merger of Marine Transport Corporation with Shiloh Acquisition Inc., a wholly-owned subsidiary of Crowley formed for the purpose of acquiring MTC. Marine Transport is now a wholly-owned subsidiary of Crowley. The merger results in…
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uBid selects FEDEX as shipping vendor
E-commerce auction site uBid has selected FedEx Home Delivery as its preferred shipping service. FedEx Home Delivery is an operating unit of FedEx Ground and parent company FedEx Corp. The relationship enables uBid to offer a suite of service options…
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Online heavyweight FreightWise to cease operations
In what remains a surprising move, despite the recent spate of dot-com failures, online transportation marketplace FreightWise is reported to be closing its doors. With the financial backing of BNSF, General Electric and Canadian National, as well as the participation…
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Auctioning vendor FreeMarkets buying supply chain planning vendor Adexa for $340 million
Supply chain planning vendor Adexa is being purchased by auctioning vendor FreeMarkets for $340 million in stock. (All figures in U.S. dollars.) The buyout is seven times Adexa’s revenue of $50 million, but according to Pierre Mitchell and Randy Weston…
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CRM systems likely to remain at the top of IT shopping lists AMR survey indicates
Customer Relationship Management (CRM) systems can expect to remain at the top of any IT shopping list despite the economic downturn, according to results shown by a recent AMR Research survey. Market analysts AMR Research say it should come as…
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Logistics.com teams up with J.D. Edwards
Logistics.com, a transportation network optimization company, has formed a strategic alliance with J.D. Edwards & Co. As part of the alliance, J.D. Edwards and Logistics.com plan to develop standardized interfaces between Logistics.com’s OptiManage transportation management system and J.D. Edwards’ OneWorld…
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Evergreen Marine moving operations to Deltaport in April
Global carrier Evergreen Marine Corporation (Taiwan) will be moving its operations from the Port of Vancouver to Deltaport starting from the end of April. Deltaport has on-dock capability of two 7,000-foot trains shipside, four post-Panamax cranes, a 35-acre rail yard…
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Toronto’s Radcliffe Systems unveils newest transportation management STAR
Toronto’s Radcliffe Systems Inc., a developer of supply chain management systems, has launched a new transportation management system called STAR. The system is designed for transportation management companies, third party logistics providers and shippers with private fleets. The concept of…
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New Boeing freighter comes with improved cargo systems
Boeing has completed installation of new cargo handling systems for the first 757SF (Special Freighter) at its Boeing Airplane Services Wichita facility. Launch customer DHL Worldwide Express will receive the aircraft from Boeing in early March. The systems, designed and…
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Transport Minister launches Intenational Air Services Policy Review
Canada’s Federal Transport Minister David Collenette is launching an international air services policy review to address competition in the international market with the release of a consultation document for stakeholder review and comment. Transport Canada will consider stakeholder comments received…
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KLM Cargo to cut fuel surcharge and increase air freight rates
KLM Royal Dutch Airlines’ Cargo division has announced that the carrier is cutting its current fuel surcharge on air freight shipments from 17 EUR (Euro) cents to 10 EUR cents per kilogram (approx. 10 USD cents), effective March 1, 2001.…