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ASF Logistics Coordinates Largest Cargo Loaded at Mobile Container Terminal

ASF Logistics Coordinates Largest Cargo Loaded at Mobile Container Terminal

Mobile, AL (ASF Logistics) : International logistics provider ASF Logistics this week began the process of transporting a 144,800 pound industrial boiler from the Port of Mobile in Alabama to Haifa, Israel, on behalf of Babcock & Wilcox Power Generation Group and Haifa Chemicals. Read more

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ASF Logistics Coordinating Airstream Shipments from U.S. to Australia

ASF Logistics Coordinating Airstream Shipments from U.S. to Australia

International logistics provider ASF Logistics today announced an agreement to providing supply chain and logistics services for Australia-based A&A Industries, transporting Airstream travel trailers from the Port of Baltimore, Maryland in the United States to Port Kembla in Australia on behalf of A&A Industries. Read more

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Mobile, AL-Based ASF Logistics Expands Into Australia

Mobile, AL-Based ASF Logistics Expands Into Australia

Mobile, AL (ASF Logistics) April 22, 2013: ASF Logistics today announced that the Mobile, Alabama-based company is expanding into the Australian market, establishing its own ASF office in Melbourne with a network of affiliate offices in Sydney, Brisbane, Perth, Adelaide and Darwin. Read more

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ASF Logistics Named in 2012 Best Companies List

ASF Logistics Named in 2012 Best Companies List

ASF Logistics announced that the company, which is headquartered in Mobile, Alabama, has been recognized as one of the 2012 “Best Companies to Work for in Alabama” in the small business category. Best Companies to Work for in Alabama is an annual program run by Business Alabama Magazine in conjunction with Best Companies Group. Read more

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5 Questions with Steve Chard

5 Questions with Steve Chard

Mobile Pres Register Q. What exactly does a logistics company do? Get trucks, boats and trains lined up for shipping goods? Chard: That's absolutely correct. We are a full service international logistics provider. Essentially what that means to the man on the street is that people who are importing to the United States or exporting from the United States will

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ASF Logistics Mobile in Prestigious Shipment for 2010 Central American and Caribbean Games

ASF Logistics Mobile in Prestigious Shipment for 2010 Central American and Caribbean Games

Mobile Press Register ASF Logistics, of Mobile AL, has been instrumental in putting together a complete logistics solution for supplying essential materials in the construction of a velodrome in Aquadilla, Puerto Rico. Read more

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ASF Logistics Opens Branch Office in New Orleans, Lousiana

ASF Logistics Opens Branch Office in New Orleans, Lousiana

ASF Logistics opens branch office in New Orleans. ASF Logistics, of Mobile Alabama, has announced the opening of a new branch office in New Orleans LA. A spokesperson for ASF Logistics stated, "We are pleased to be able to be in a position to expand our operation in these difficult times, and delighted to be able to better service our

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ASF Logistics in Prestigious International Exhibit Transportation

ASF Logistics in Prestigious International Exhibit Transportation

ASF Logistics, of Mobile AL, has been instrumental in putting together a complete logistics solution for re-locating the "Darwin" exhibition following an engagement at the Natural History Museum in London UK. ASF Logistics has teamed with its partner in the UK, HPL (UK) Ltd, to provide a door-to-door service from the Natural History Museum in London to the Great Lakes

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ASF Logistics Handles State of the Art Roller Coaster Project

ASF Logistics Handles State of the Art Roller Coaster Project

ASF Logistics, Inc. in Savannah, Georgia has been instrumental in organizing a complete logistics service for shipping a wooden roller coaster to the OCT Theme Park in Wuhan, China. The $9,000,000 wooden roller coaster designed and built by Martin & Vleminckx will be the first dueling wooden coaster in Asia, and follows successful completion of the "Fireball" coaster which remains

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China notified the World Trade Organization (WTO) on Tuesday that it would stop accepting shipments of rubbish such as waste plastic and paper as part of a campaign against "foreign garbage".

This ban could endanger nearly 1 million TEU of all US Exports according to information from PIERS.

The import ban, which will enter into force by the end of 2017, will also cover slag from steelmaking, and many kinds of waste wool, ash, cotton and yarn.

"We found that large amounts of dirty wastes or even hazardous wastes are mixed in the solid waste that can be used as raw materials. This polluted China's environment seriously," China's WTO filing said.

"To protect China's environmental interests and people's health, we urgently adjust the imported solid wastes list, and forbid the import of solid wastes that are highly polluted."

China is a major importer of waste. Last year it imported 7.3 million tonnes of waste plastics, valued at $3.7 billion, accounting for 56 percent of world imports.

Apart from Hong Kong, the biggest sources of that plastic waste were Japan and the United States, which accounted for roughly 10 percent of the volume each, according to data from the International Trade Centre, a United Nations-WTO joint venture.

The same two countries are also the main sources of scrap paper going to China each year, accounting for half of the almost $1 billion business between them.

China's speedy industrial development has seen it struggling to regulate waste disposal, leading to toxic waterways and cities blanketed in smog.

The WTO will begin deliberations on whether or not the ban is allowable under WTO rules.
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Maersk to waive detention, demurrage fees stemming from Petya attack.

The world’s biggest container line, Maersk Line A/S, is waiving demurrage and detention fees accrued by customers during the period when a system outage caused by the Petya cyber attack impacted its ability to release cargo, the company said in a statement Wednesday.

In most places, this period covers June 27 through July 9, but there may be local variations based on when the containers were made available for import release, Maersk said.

Additionally, Maersk says its delivery process for imports continues to be operational, but the company has acknowledged that the experience is slow in some locations due to manual processing as a result of the Petya cybersecurity attack in late June.
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Chinese shipping giant Cosco is set to buy its Hong Kong rival OOIL for $6.3bn (£4.9bn).

The deal would make Cosco the world's third biggest shipping company, with more than 400 vessels.

OOIL's majority owner has accepted the bid, though the sale will still need regulatory approval.

It would be the latest in a wave of mergers, which has left the top six shipping lines controlling almost two thirds of the market.

OOIL's subsidiary OOCL is currently the world's seventh largest shipping line, with 3.2% of global market share, according to shipping database Alphaliner.

Cosco is offering $10.07 per share, a 38% premium over OOIL's closing price on Friday.

The family of Hong Kong's first Chief Executive Tung Chee-hwa founded OOIL, and still holds a 69% stake in the company.
They have accepted the offer, but it still needs the approval of Cosco shareholders, as well as US and Chinese regulators.

Overcapacity and slowing demand is leading to major changes in the shipping industry.
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After rock bottom rates in 2016, rate levels are maintaining their recovery through 2017.

Container shipping is fast becoming a carriers’ market and with the extra pricing power gained by industry consolidation, alliances and better supply-demand fundamentals, the stage is set for continued rate recovery.

Maritime analyst Drewry said headhaul trades that were most important to carrier revenues were staging a broad recovery from the rock-bottom rate levels of last year and that this was likely to continue for the balance of 2017.

Carriers have been able to secure higher trans-Pacific service contracts for the 2017–18 season, with prices around $1,200 per FEU to the West Coast, compared with about $800 to $900 per FEU in the prior season.

“Due to the higher 2016 second-half rates the comparisons will get tougher as the year goes on, which will put an end to the very high year-over-year increases, but even if they plateau or start decreasing in the fourth-quarter 2017 they will still be higher than in 2016 as a whole,” Drewry said in its Container Insight Weekly.

“This year is one of huge correction after a disastrous 2016 for rates, buoyed at the same time by better supply and demand fundamentals,” the analyst said. “While there is still some ground to be made up to get above pre-2015 levels there is no doubt that the pendulum is swinging quite fast towards a carriers’ market.”
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