November, 2006

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Working at TRU.com

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Sorry folks.too much work to do, not enough time to do it! Sound familiar? No kidding! I will be at the TRU.com building for the next two weeks. Don't worry, I'll catch up with ya in early December. Hope you all have a great Thanksgiving holiday!

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Maersk the Fastest? Ja! Tak!

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Maersk container ships biggest and fastest? A.P. Moller-Maersk declined to confirm the service speed of a series of seven 4,150-TEU ships being built at its Volkswerft Stralsund Shipyard in Germany, which are thought to have a service speed of 29 knots making them the world's fastest containerships. Maersk Line already has the biggest containership with the “Emma Maersk” having a declared capacity of 11,000-TEUs but believed to have a physical capacity of about 14,800 TEUs.

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Deutsche Post’s 3rd Quarter Profit Up 30%

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German mail, express and logistics giant Deutsche Post World Net reported a net income of 537 million euros ($691 million) in the third quarter, up 30.3 percent compared to 412 million euros in the same period 2005. Third quarter operating profit improved 40.1 percent to 1.03 billion euros ($1.3 billion), from 735 million euros last year. Revenue improved 35 percent to 14.9 billion euros ($19.2 billion), compared to 11 billion euros in the third quarter 2005.

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Now the French Want Our Ports! Sacre Bleu!

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French CMA CGM Group interested in P&O Ports North America France’s CMA CGM has formed a consortium with investment bank Morgan Stanley to prepare a bid for P&O Ports North America, reported London’s The Business. No one from the Marseilles-based company could be reached for comment. Dubai state-owned company Dubai Ports World is being forced to sell off the company after security fears among U.S. politicians about a foreign company controlling U.S. ports.

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Artificial Intelligence and the Transportation Industry

Artificial intelligence has quickly become a feature of everyday life: Using face ID to unlock a phone, communicating with online chatbots, and letting “smart” appliances help manage our homes are just a few of the ways that we interact with AI regularly. Forward-looking businesses are also using AI to transform their operations and gain a competitive edge.

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C-TPAT Survey - Be careful what you ask for.

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C-TPAT survey gives members chance to sound off Are companies who participate in the Customs-Trade Partnership Against Terrorism really achieving tangible efficiencies by partnering with the U.S. government to secure their international supply chains? That is the question Customs and Border Protection will attempt to answer when it electronically distributes a survey to thousands of companies on Dec. 1 designed to quantify the voluntary program’s return on investment and measure its performance.

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