American Shipper

Pierre Danet will leave Hewlett Packard to join the ocean carrier as its new chief financial officer.

Integrated carrier expects the 28,000-square-foot facility to process more than 2,500 shipments per hour.

Troy Container Line announces new LCL service from Malaysia to New York, CaroTrans introduces new Shanghai import service to Seattle and Portland and CMA CGM adds Ningbo to its REX3 loop.

ARC Advisory Group says weakening euro hit the enterprise software market in Q4 2014, GT Nexus appointed Deutsche Bank its global cash management bank, and Livingston International restructures product development, sales support and automation.

Inland waterway and port communities urged Congress to use available revenues for water infrastructure investments.

According to a statement from the port authority, all terminals were operating normally on Thursday.

Decrease in spot rates comes despite a GRI announced by Transpacific Stabilization Agreement.

Parent company of ocean carrier Orient Overseas Container Line benefited from increased volume and lower fuel costs.

According to the port operator’s latest financial statements, profits fell 1.7% in 2014 despite 2.9% revenue growth.

American Pallet Recycling and its former owner, Raymond Viola, have pleaded guilty to fraudulent pallet heat treatment claims.

The ocean carrier and logistics provider attributed the growth to increases in shipping volume and the group’s freight forwarding business.

The Jones Act container carrier had a $65.7 million pre-tax restructuring charge related to its exit from Puerto Rico trade.

The economic research firm based changes in earnings estimates for the Canadian railways on increased volumes and a strong dollar.

A trailer with cheese for Hungry Howie’s Pizza chain went missing from a Florida truck stop.

The new facility in Colombo will complement APL Logistics’ existing cargo hubs in North and Southeast Asia.

WWL’s third vessel processing center in China will be located at an important gateway to Beijing and Northern China.

The port authority is instituting a series of measures to improve cargo fluidity in response to a spike in congestion at its Virginia International Gateway terminal.

The port has extended the life of an emergency container yard an extra six months and changed its mission.

East Coast ports – particularly New York/New Jersey – are benefiting from cargo diverted due to West Coast congestion, according to the firm’s U.S. import data.

Profits were down 1% at the company in 2014 despite a 3.1% increase in group revenues, according to its annual report.