Forwarding

Germany’s Port of Hamburg today reported that about 675,000 20-foot-equivalent unit containers were handled between Hamburg and Russian ports in 2012, increasing 13.3 percent year-over-year.

Ship Finance International today reported net income in the fourth quarter of 2012 was $51 million, increasing 46 percent from $35 million in the third quarter of 2012.

Neptune Orient Lines today reported a net loss of $98 million in the fourth quarter of 2012, improving 69 percent from a net loss of $320 million in the fourth quarter of 2011.

More than 80 percent of ocean shippers are looking to cut costs through e-invoicing in 2013, according to a survey of high-volume shippers and freight forwarders by INTTRA.

The Los Angeles Customs Brokers and Freight Forwarders Association has elected Karen Quintana, the western regional director of compliance at Yusen Logistics (Americas), to its board of directors.

LCL Logistix has opened its third container freight station in Haldia, near Kolkata Port on India’s east coast.

Hurricane Sandy shipment claims, coming on top of a record year for marine insurance claims, may cause a flattening of the overcapacity in the insurance market that has led to steep declines in premiums over the last few years.

CAI International reported profit of $64.3 million last year, increasing 27 percent from $50.8 million in 2011.

Va-roooom! Auto parts shipments been gaining speed for three years since the Great Recession, and they’re poised to accelerate further in 2013.

Sino-Global Shipping America reported a net loss of $564,854 in the second quarter of fiscal year 2013, ending Dec. 31, 2012, improving from a net loss of $827,385 in the same quarter in the previous fiscal year.

Ship and container performance indicators showed “significant” quarter-on-quarter increases in reliability in the fourth quarter of 2012, according to Drewry Maritime Research’s recently published quarterly report.

The Los Angeles Customs Brokers and Freight Forwarders Association, which represents licensed U.S. customs brokers, freight forwarders and non-vessel-operating common carriers and firms in Southern California...

A looming driver shortage, rate increases and equipment dislocations are the main challenges that cargo interests will encounter over the next two years as the U.S. economic recovery continues, transportation experts told a Journal of Commerce Webcast Tuesday.

Sofrana Unilines has announced the launch of a new, independent shipping line, Greater Pacific Shipping, to service customers in the Pacific.

The nonprofit organization Maritime Exchange of Southern California has named James Kipling “Kip” Louttit as executive director.

The European Commission has found amendments to an existing Finnish scheme supporting investment in cleaners ships comply with the European Union’s state aid rules.

Ontario Teachers’ Pension Plan has acquired all of the shares of Park Ridge, N.J.-based SeaCube Container Leasing in an agreement between the two companies.

Classification of distiller’s dried grains with solubles as non-hazardous cargo has become final and mandatory under the International Maritime Organization’s code.

As China goes, so goes the U.S. export trade in wastepaper and scrap metal. Unfortunately for shippers of these two key commodities, the news from China wasn’t very good in 2012.

CaroTrans has added a new weekly less-than-containerload export service from San Francisco to Japan.

The St. Lawrence Seaway Management Corporation today reported that tonnage during the 2012 navigation season was 38.9 million metric tons, rising 4 percent from 2011’s 37.5 million metric tons.

Bluesea Shipping Lines has expanded its services to include major ports in the Middle East.

International Longshoremen’s Association negotiators apparently plan to stay longer at this week’s negotiations on a coastwide contract than they did last week when they cut short bargaining on New York-New Jersey local issues.