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VSA lines give up TACA-tying devices. (vessel-sharing arrangements; Trans-Atlantic Conference Agreement)
April 1, 1995... TACA loses more control over transatlantic trade.
Independent carriers who want to win the economic advantages of vessel-sharing arrangements will no longer have to join or remain in the Trans-Atlantic Conference Agreement under a settlement...
Navieras is privatized; CEO Ron Katims predicts profit. (Navieras de Puerto Rico)
April 1, 1995... Puerto Rico government assumes $310 million debt.
Navieras de Puerto Rico, its balance sheet wiped clean of $310 million in long-term debt, has been reborn as a privatized company and expects to turn a profit this year.
After years of...
APL back in Asia Europe trade. (American President Lines)
April 1, 1995... Goes up against an already-crowded field. But timing looks good with everybody ships sailing full.
After an absence of some 20 years, and after two years of anticipation and speculation, American President Lines has re-entered the trades...
FedEx gets boost in China market; Evergreen International Airlines offers sale of China air rights to FedEx. (Federal Express)
April 1, 1995... Two years ago, Federal Express and Evergreen International Airlines competed for route privileges to serve China's growing air cargo market.
The U.S. Department of Transportation awarded the aviation rights to Evergreen, which started...
The Shipping Act. (includes related articles on liner freight rates for the 1976-1994 period and deferred rebates) (Cover Story)
April 1, 1995... What's Right
What's Wrong
Let's bring back deferred rebates
The new Congress has taken up maritime policy and by some accounts may shortly propose sweeping changes - even though few members know much about the topic. When the Advisory...
Japan shippers favor conferences.
April 1, 1995... More tightly reined? Absolutely.
But legislated out of existence? No.
Support for the conference system has emerged from the unlikeliest of sources, an association of some of the world's most powerful shippers, the Japan Shippers' Council....
Wool importers support multimodal price fixing.
April 1, 1995... Will eleventh-hour vote of confidence move the powers that be in Brussels?
Multimodal ratemaking by conferences lends a measure of clarity and stability to a trade that might otherwise be unreliable, according to a group of importers that...
Chiquita plans distribution shift. (Chiquita Banana North America)
April 1, 1995... Banana importer will consolidate into one U.S. port. Inland distribution focus will shift to intermodal stacktrain.
Chiquita Banana North America is planning to consolidate its U.S. operations into a single eastern port and shift much of its...
Ryder raises its stake in logistics. (Ryder Systems)
April 1, 1995... Sees logistics as biggest, most profitable division by 2000.
If Ryder System's plans work out, the company soon may be as well known for third-party logistics as for rental trucks.
Ryder Dedicated Logistics has emerged as the Miami-based...
Whirlpool contracts inbound logistics to Ryder. (Ryder Dedicated Logistics)
April 1, 1995... Deal covers 11 U.S. appliance plants. International may be added later.
Whirlpool Corp. has hired Ryder Dedicated Logistics to design and manage a logistics system for inbound materials and components to the appliance manufacturer's 11 U.S....
Quantum starts from scratch. (Quantum Chemical)
April 1, 1995... Chemical industry leader re-engineers its distribution to reduce downturns in a volatile industry.
It's hard to refer to what Peter Hanik has been doing at Quantum Chemical as re-engineering. It sounds more like starting from scratch.
"We...
Whiskey, ice cream and hot sauce - all in the same service contract. (Grand Metropolitan PLC)
April 1, 1995... Grand Metropolitan combines some of the diverse shipping needs of its subsidiaries in one service contract for the North Atlantic. And that is just the beginning.
Innovations in the use of service contracts between shippers and carriers...
Electronic and negotiable. (electronic negotiable bill of lading)
April 1, 1995... EU will test electronic transmission of negotiable ocean bills of lading. Legal, technical questions remain.
Amid the rush to switch from paper to electronic communication, one shipping document has remained untouched - the negotiable bill of...
Forwarders seek electronic air waybills. (freight forwarders)
April 1, 1995... Carriers reluctant to abandon paper. Electronic cargo sales report will be first step.
The International Air Transport Association has set up a clearinghouse that it hopes eventually will permit electronic transmission of air waybills to...
Searching for NAFTA bill of lading. (North American Free Trade Agreement)
April 1, 1995... Law group begins formulating NAFTA bill of lading; three countries must accept.
The progress of the North America Free Trade Agreement has taken off slowly as the three member countries search for common language in transportation documents....
Encompass, version 1.5.
April 1, 1995... Extends tracking capability to truck shipments, provides capability for electronic transmission of air waybills.
The Encompass global logistics information network has upgraded its system to permit automated tracking of motor-carrier...
Road-feeder service hidden from air shipper.
April 1, 1995... Arrangements with international air carriers made with information systems, flexible standards.
Just as virtual reality has come to video screens it has also become part of the air cargo industry with information systems.
Most foreign...
CF becoming a global NVOCC. (Consolidated Freightways; non-vessel-operating common carriage service)
April 1, 1995... Consolidated Freightways expands into U.S.-Asian trade.
Consolidated Freightways is parlaying its U.S. distribution system, its Emery Worldwide courier subsidiary and a network of local delivery services abroad into an extensive...
Whitehall Club files Chapter 11.
April 1, 1995... Fabled shipping-industry watering hole victim of changing times.
If walls could talk, nearly a century's worth of maritime industry secrets could be revealed by the oak and walnut paneling of New York's Whitehall Club.
Since 1910, the...
Miami: center for maritime arbiters? (Miami, Florida)
April 1, 1995... Council says disputes normally heard in New York or London can be settled cheaper, quicker and just as effectively in Miami.
Just as Miami has become a center for Latin America's burgeoning trade, attorneys there hope the city will join...
Old Dominion simplifies tariffs. (Old Dominion Freight Line Inc.)
April 1, 1995... Metric density-based rating system provides ease of use for international LTL customers.
Old Dominion Freight Line Inc. has simplified its tariff system in order to target international shippers.
The High Point, N.C.-based...
SF finally throws in the towel. (Port of San Francisco)
April 1, 1995... Quits fight to be a major intermodal hub; will work on 'niche' cargo markets.
San Francisco port officials have abandoned their effort to keep the port in the ranks of major intermodal load centers and will instead concentrate on developing...