TERNATIONAL NEWS

Agility acquires project forwarder, NVOCC

Agility, a provider of supply-chain services formerly known as PWC Logistics, said it has agreed to purchase WTS of Houston Inc. and its sister company, World Transportation Services Inc., known as Globai Express Line. Both companies are based in Houston and have been privately owned since their founding. WTS, founded in 1980, is a project-cargo forwarder specializing in the oii and gas industry. Global Express Line, incorporated in 1982, is a non-vessel-operating common carrier. "The acquisition of WTS further solidifies our project logistics operations, particularly in the global energy sector," said Gregory Rusovich, president of Agility Project Logistics. As part of Agility, WTS will be able to leverage the growth opportunities Agility offers through its worldwide network. Following the acquisition, WTS and Global will continue to operate under their current management as part of Agility. With more than 20,000 employees and more than 450 offices located in 100 countries. Agility offers a network of supply-chain solutions, freight management, project forwarding and specialized logistics services.

Carriers sign for IAS InterTurn

International Asset Systems announced that four global container shipping lines have signed up to use its new IAS InterTurn street turn service to match supply and demand for empty domestic containers. The lines include CMA CGM, Mediterranean Shipping Co. and U.S. Lines. IAS said these carriers have agreed fo use InterTurn as a way to cut the costs for gate fees, storage charges and terminal handling fees. The carriers are starting to use the service in a number of regions across the United States, and commercial street turns began the week of April 9. Oakland-based IAS said InterTurn, part of the IAS Hub system, can help carriers reduce the size of their container fleets through faster equipment turns. The service also helps support carrier efforts to lessen their environmental impact by cutting the number of container moves. The company said InterTurn can aisc be used by trucking companies to avoid hours-long delays at terminal gates, make more revenue-producing runs, use fuel more efficiently and minimize empty vehicle miles. It said shippers also benefit from being able to scurce containers "on the street."

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May 21, 2007 Canadian Sailings 21