CEVA says results reflect ‘difficult quarter’
CEVA Logistics reported a loss of 72 million euros ($88.5 million) in the second quarter of 2012, compared to a loss of 41 million euros in the same 2011 […]
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CEVA Logistics reported a loss of 72 million euros ($88.5 million) in the second quarter of 2012, compared to a loss of 41 million euros in the same 2011 […]
Matson, Inc., which includes the liner carrier Matson Navigation Co. as well as Matson Logistics, saw first half revenue climb 7.5 percent year-on-year to $760.3 million. The company’s […]
Crowley Liner Services pleaded guilty and was sentenced to pay a $17 million criminal fine for its role in a conspiracy to fix prices in the trade between the […]
Maersk Line, Ltd. (MLL) said Thursday it has completed the acquisition of 3PSC, a privately-held company that operates ships for the U.S. Navy. Based in Cape Canaveral, Fla., 3PSC has contracts […]
Oxfam, one of the United Kingdom’s larger charity retailers, is replacing major purchasing and supply chain systems to focus on a supply of new products. The chain also […]
Caterpillar Inc. said it completed the sale of a 65 percent stake in its Caterpillar Logistics Services business to Platinum Equity in a deal valued at about $750 million. […]
Swissport International, a provider of ground services to airlines, has secured two additional cargo customers at Amsterdam Schiphol Airport. Starting this month, Swissport Cargo Services will begin handling […]
The St. Lawrence Shipoperators (SLS) board has elected Daniel Bélisle to chairman. Bélisle, senior vice president of Oceanex, replaces Carole Campeau, who served as SLS chairman in 2006-2008 and […]
The information company Panjiva said it has created a new product called Maritime Monitor that it says is designed “to meet the trade analysis and lead generation requirements for […]
Rep. Charles Rangel, D.-N.Y., on Thursday introduced the Cotton Trust Fund Act (H.R. 6265) in the House, a bill he said is designed to help U.S. cotton shirt manufacturers […]
The board of the American Society of Transportation and Logistics (ASTL) has elected Michael Segal as its 2012-2013 chairman. Segal is director of logistics and operations planning at […]
Both the U.S. House and Senate on Thursday passed legislation to a extend key provision in the African Growth and Opportunity Act enacted by President Clinton in 2000. […]
James McNamara, the ILA’s spokesman, said the union remains optimistic about reaching an agreement following last month’s agreement between the union and management on issues involving automation and chassis.
The port authority anticipates about 600 vessels a year will participate in the CVI program, and it will yield annual emission reductions of 182.2 tons of nitrogen oxide, 38.3 tons […]
The U.S. Maritime Administration has denied an application by American Petroleum Tankers (APT) for a Title XI loan guarantee for five 49,000-deadweight-ton petroleum tankers that were built at the […]
Mojix Inc., a Los Angeles-based technology provider of radio frequency identification device networks with real-time locating system (RTLS) abilities, is increasing its push into the automotive manufacturing industry. Mojix said it is […]
The ocean carriers Hapag-Lloyd and Hamburg Sud have added an eighth vessel to their weekly Europe-to-Middle East and Indian Subcontinent IOS service and increased roundtrip voyage time from 49 […]
The two U.S. senators from California, Barbara Boxer and Dianne Feinstein, are urging clerical workers for shipping companies and their employers to work toward resolving their differences and reach […]
In Wednesday’s AS Daily, it was misreported that Nordana dropped its U.S. East Coast-West Africa service. According to Bob Chick, president of Nordana USA, the service remains in operation.
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service said it has with assistance from federal, international and industry partners successfully released 209 shipments of American products valued at more […]
Since fiscal year 2007 through July 26, 2012, the bank has authorized about $710 million to Minnesota businesses to support $1.4 billion in export sales.
The U.S.-Libya Business Association (USLBA) on Wednesday welcomed the “Cairo Declaration” announced by the foreign ministers of Libya, Tunisia and Egypt. The declaration strives for the three countries […]
The U.S. International Trade Commission said three years after its implementation, the Earned Import Allowance Program (EIAP) is not providing enough incentives to help boost the competitiveness of Dominican […]
EU ProSun said Europe’s solar industry is “being decimated by unfair competition from China leading to layoffs, and one major European solar bankruptcy every month,” furthering warning the domestic industry will […]
A coalition representing manufacturing, agricultural, retail, and transportation interests, jointly filed a friend of the court brief supporting the ATA’s challenge to the hours of service rules handed down last […]
Lea Bogatch-Genossar has been appointed president of Zim American Integrated Shipping Services, effective Aug. 6. She will replace Shaul Ramon, who finishes a three-year tenure.
Liner carrier Mediterranean Shipping Co. said it’s raising rates on cargo moving from Asia/Southeast Asia countries to the United States, including Puerto Rico. The general rate increases, effective […]
Intelligrated, a North American provider of automated material handling solutions, services and products, confirmed today it has been acquired by a holding company owned by Permira, a European private […]
Con-way Inc. said it had 2012 second-quarter profit of $41.8 million, compared to $29.4 million in the same period last year. Revenue for the 2012 second quarter (after […]
The Port Authority of New York and New Jersey said the ExpressRail system that serves its marine terminals handled 228,298 containers in the first six months of the year, 10 […]
Tropical Shipping, which primarily transports containerized freight to the Bahamas and the Caribbean, moved 40,000 TEUs in the second quarter ending June 30, up from 36,500 TEUs in the same period […]
The U.S. arm of AMI, a large air freight and express space wholesaler, has centralized its Spot Rates department at its U.S. headquarters in Dallas. The action replaces […]
The decline in coal traffic this year is having the salutary effect of improving overall service on freight railroads in North America, according to Larry Gross, a senior consultant […]
Trailer Leasing Alliance (TLA), based in Wayne, Pa., has started full-service trailer leasing operations with 16,000 late model 53-foot trailers. These trailers were recently acquired by US Trailer […]
The logistics service provider Globe Express Services said Wednesday it has recently opened a roughly $10 million industrial warehouse and office complex in Dubai’s Jebel Ali Free Zone. […]
Saddle Creek Logistics Services, based in Lakeland, Fla., has appointed Duane Sizemore to senior vice president of marketing and business development. Sizemore takes over from Stephen Cook, Saddle […]
WCT World Container Trading GmbH of Germany has appointed Olaf Gayko to managing director. Gayko’s experience includes management of container trading and leasing. WCT started operations in 1998.
Matson Navigation Co. President and Chief Executive Officer Matthew J. Cox will receive a Connie Award from the Containerization & Intermodal Institute (CII) on Oct. 2 in Long Beach, Calif. Connie […]
Government officials and business leaders are using last week’s report from the FMC on U.S.-bound sea freight moving through Canadian and Mexican ports to support calls for HMT reform and […]
The Swiss forwarding and logistics company had consolidated profit of 17.3 million Swiss francs ($17.7 million) in the second quarter ending June 30, 46 percent less than the 32 million […]
Crowley Maritime said it will offer less-than-containerload ocean and air cargo lifts along with customs brokerage services to Cartagena, Colombia as the first step in an expansion of its […]
The U.S. Commerce Department on Monday announced an array of antidumping duties for imports of large residential washers from Mexico and South Korea. Dumping occurs when a foreign company sells a […]
The Port of Longview in Washington state has appointed Geir-Eilif Kalhagen to chief executive officer, effective Sept. 1. He succeeds long-time executive Ken O’Hollaren. Port of Longview’s […]
“This is a great victory for Canadian ports and carriers. The study’s findings debunk claims of unfair practices by Canada,” said Perrin Beatty, president and chief executive officer of the […]
The U.S. Trade and Development Agency awarded a $345,060 grant to the Bahia State Infrastructure Secretariat (SEINFRA) to support the development of a plan for the modernization and expansion […]
The Commerce Department on Friday ruled that China and Vietnam have dumped utility-scale wind turbine towers on the U.S. market. Dumping occurs when a foreign company sells a […]
The U.S. Surface Transportation Board said last week that it has begun two initiatives to explore ways to further protect so-called captive shippers who are served by a single railroad […]
Non-vessel-operating common carrier Shipco Transport has opened an office in Xiamen, China. The new office is in the middle of the Haicang and Xingyu Terminal. Justin Sun […]
Southwest Airlines Cargo has partnered with Evergreen Aviation Ground Logistics Enterprise to provide cargo handling services at the Milwaukee airport, effective Monday. The airline had been temporarily using Road […]
Liner carriers are doing their utmost in these economically depressed times to prevent their operations from becoming just another humdrum commodity-based business. To do this, some carriers are […]
In a 2-1 decision revolving around careful documentation, record retention, and e-commerce systems, an appellate court upheld the U.S. Court of International Trade’s denial of a claim by Ford […]
Two Nova Scotia ports with deep water, intermodal links vie for large containerships. By Chris Dupin Two communities in Nova Scotia – about 70 miles apart — are […]
As the United States prepares to begin enforcing its new low-sulfur fuel requirements for ships operating in coastal waters this month, experts are worried about the availability and cost […]
The project cargo business has been one of the more stable sectors of the shipping industry in recent years and continues to have a fairly bright outlook.
The 44-year old insurer TT Club is now offering coverage for a new group of customers—shippers.
Rick Campbell, chief executive officer of ICAT Logistics, said franchising is one of the fastest growing segments of U.S. business, and he also believes it’s an effective way to […]
White House makes exports priority, but will fall short of ambitious target, expert says. By Eric Kulisch The United States may have been on track during the first two […]
The decision to draw down 30 million barrels of crude from the U.S. Strategic Petroleum Reserve (SPR) is still making news a year later. That’s not much oil […]
Sometimes things just fall into place for shippers who thought they were at the end of the world. Such may be the case for agricultural exporters in North […]
Proteus Software, warehouse management software (WMS) provider said it has launched a cloud-based warehouse management system (WMS) platform that it says will allow companies to avoid infrastructure expenditure, while […]
A group of 10 legislators push to restore requirement that 75 percent of U.S. food aid be carried on U.S.-flag ships after provision in proposed federal highway bill threatened to […]
A drop in coal demand, spurred by cheap natural gas, is signaling a shift in U.S. energy markets, with railroads offsetting a loss in revenue by focusing on fracking, petroleum, […]
Universal Truckload Services, said it will acquire LINC Logistics Co, an asset-light third-party logistics provider, in a stock-for-stock transaction that is worth roughly $335 million and includes the assumption […]
The president of the San Diego Customs Brokers Association, along with three international trade companies and seven other individuals, are facing federal charges following a probe targeting a multimillion […]
Pacer International said it had a profit of $1.3 million in the second quarter ending June 30, compared to $4.2 million in the same 2011 period. The Dublin, […]
SP Express, a U.S. provider of domestic third-party logistics and fulfillment services, is expanding support for automation of fulfillment and warehouse operations for the textile business. SP Express […]
CargoWise, a provider of technology offerings for logistics service providers (LSPs), said this week it has acquired Australia’s domestic transport and logistics software developer TransLogix. The company said […]
Minnesota-based HighJump Software, provider of supply chain management software, has expanded its EDI integration offerings to include SaaS support for Microsoft Dynamics GP users. The addition, through its […]
C.H. Robinson said it had a profit of $114.6 million in the second quarter, 3.2 percent more than in the same 2011 period. Total revenues were $2.96 billion […]
Norfolk Southern said it had profit of $524 million in the second quarter, 6 percent less than in the same 2011 period. Railway operating revenues of $2.9 billion were […]
An American Shipper story July 20 last week, “President puts 7 port projects on the fast track,” reported on a White House announcement about efforts to expedite infrastructure projects at […]
The U.S. domestic trucking market is finely poised, with characteristics that could push it into no growth or capacity shortage, depending on which way the wind blows, according to […]
American Petroleum Tankers says, after two years, the government will decide by end August whether to grant a Title XI loan guarantee for five 49,000-dwt. tankers built between 2006 and 2010 in California.
The Walt Disney Co. will begin shipping small batches of Asian-made merchandise for the Disney World resort in Orlando, Fla., through the Port of Miami early next year when an […]
Failure to accelerate a study into the global availability of low sulfur fuel for ships has “billion dollar implications,” says the International Chamber of Shipping.
UPS said it had profit of $1.1 billion in the second quarter ending June 30, 2.2 percent more than in the same 2011 period. Revenue was $13.3 billion […]
Rail Logistics is expanding its “Cold Train” logistics service, adding new equipment and adding new destinations this year. In early 2010, Rail Logistics launched the intermodal reefer service […]
Nova Cold Storage has begun construction on a $9.5 million facility for refrigerated and frozen food logistics at the Atlantic Gateway – Halifax Logistics Park. Nova is expanding to […]
Paul Jaenichen was sworn in as deputy administrator for the U.S. Maritime Administration last Friday and began his new job on Monday, July 23. An Annapolis graduate, Jaenichen […]
MOL releases performance data for eastbound transpacific intermodal shipments in the second quarter, with seven of 18 pairs examined surpassing the line’s internal goal of 90 percent on-time delivery.
The two largest owners of shortline railroads in North America have agreed to combine. Genesee & Wyoming Inc. said it will purchase RailAmerica for $27.50 per share, for […]
The White House said port projects in Jacksonville, Miami, Savannah, Charleston and New York/New Jersey will be expedited by executive order as part of a program to make the review process […]
APT is asking a federal judge to order MarAd to make a decision on whether to grant it a loan guarantee for five 49,000-deadweight-ton petroleum tankers that were built at the […]
The ocean carrier Maersk Line has extended its weekly Southeast Asia to Oceania double-loop NZ1 service further into New Zealand and added a 10th vessel, increasing the full butterfly […]
The International Longshoremen’s Association and the U.S. Maritime Alliance (USMX) said Thursday they had “reached an agreement in principle on issues involving the introduction of new technology and automation […]
The ocean carrier Maersk Line has trimmed its Mediterranean-to-West Africa services by terminating its WAF10 service while simultaneously slowing its WAF1 and speeding up its WAF3. Maersk has […]
New Orleans Cold Storage (NOCS) opened a new 142,000 square-foot terminal in Port of New Orleans on Thursday. The company, which said it’s the oldest cold storage company […]
The Port Authority of New York and New Jersey has figured out a way to shave six months off the timetable for the $1 billion bridge reconstruction, which involves raising the road […]
No objections were filed to Hainan’s application, which sought rights available under the U.S.-China aviation agreement. Hainan proposes initially to operate four-times-weekly service, using Boeing 787 aircraft, beginning in the […]
The U.S. Senate Finance Committee marked up and passed a bill on Wednesday that strengthens Customs and Border Protection’s efforts to combat antidumping and countervailing duty evasion.
Union Pacific said its second quarter ending June 30 was its most profitable ever. The Class I railroad had a profit of $1 billion, 28 percent more than the $785 […]
Demand for fresh blueberries is high in South Korea, with growers potentially shipping up to 1 million pounds this season. “The first shipment arrived in South Korea on July 2 […]
The U.S. Senate Finance Committee on Wednesday passed legislation that makes certain improvements and amendments to the African Growth and Opportunity Act (AGOA), America’s trade preference program for sub-Saharan Africa, […]
Werner Enterprises had a profit of $30.7 million in the second quarter ending June 30, 11 percent more than in the same 2011 period. Revenue was up 1 […]
Further signs that the U.S. economy could be slowing to a crawl came Monday when the Commerce Department released figures showing that retail sales dipped a half percent in June […]
The Produce Marketing Association and United Fresh Produce Association ended merger discussions Tuesday, citing unresolved differences in combining both their memberships and support staffs.
Although Maersk has exited the Wallis and Futuna, and Vanuatu island trades, freight forwarders on the islands are confident that they will find ways through other carrier services to move […]
Two major U.S. railroads reported improved results for the second quarter on Tuesday, with their bottom lines boosted by better revenues from hauling intermodal cargo and automobiles. CSX […]
Consolidators International, Inc. has appointed Malcolm Bermingham to the new position of vice president of sales and operations. Bermingham, who has more than 20 years of industry experience, […]
Crowley Maritime Corp. has promoted Mike Golonka to vice president of the company’s ship management team. Golonka, who previously served as general manager for ship management, will continue […]