American Shipper

Chris Gillis Thursday, August 28, 2014

FMC reviews 32 OTI license applications

   The U.S. Federal Maritime Commission has received 32 ocean transportation intermediary license applications and changes for review.    The FMC received non-vessel-operating common carrier license applications from American General Logistics, West Covina, Calif. (Xinquing Ran, president); Chijioke Samuel Ilochonwu, Houston (Chijioke S. Ilochonwu, sole proprietor); EXL Logistics, Miami (Macelo Kroeff, vice president); TFC Partners, […]

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Chris Gillis Thursday, August 28, 2014

FMC reviews 32 OTI license applications

   The U.S. Federal Maritime Commission has received 32 ocean transportation intermediary license applications and changes for review.    The FMC received non-vessel-operating common carrier license applications from BeyondVista Corp., Torrance, Calif. (Cathy H. Ling, secretary); SFL Worldwide, Farmers Branch, Texas (Purveen Shah, member); and Plex International Logistics, Doral, Fla. (Luciano Zucki, member).     The […]

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Chris Dupin Thursday, August 28, 2014

Direct Chassis Link adds domestic chassis

   Direct ChassisLink Inc., the Charlotte, N.C.-based chassis leasing company formed when Maersk Line decided to divest itself of its chassis fleet, has acquired REZ-1, a provider of domestic intermodal equipment management and services.    REZ-1 currently manages more than 70,000 chassis used to move 53-foot domestic containers. DCLI currently has a fleet of about […]

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FreightWaves Staff Thursday, August 28, 2014

Appeals court reverses decision on FedEx contractors

   A federal appeals court has reversed decisions in three class action lawsuits finding that independent contractors operating for FedEx Ground can be classified as employees.    The contractors in question worked in California from 2000-2007 and in Oregon from 1999-2009. According to FedEx, it has limited itself to contracting with incorporated business — which […]

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Chris Dupin Thursday, August 28, 2014

Cargo volumes set record at Virginia Port Authority in July

   The Port of Virginia handled 207,771 TEU in July, surpassing the monthly record set last October by 1,174 TEU.    The port’s revenues during the month were $37.9 million, and its operating income was $1.98 million, increases of 21.5 percent and 6 percent, respectively, when compared with last July.    “This is a solid […]

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Chris Gillis Thursday, August 28, 2014

Steel boosts volumes in Houston port for July

   The Port of Houston Authority said more steel moved across its docks in July than in any month since 2008.    For the month, steel volumes reached 844,000 tons.     However, container volume through the Gulf Coast port for July was relatively flat compared to last year, but saw a 4-percent increase in the […]

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Chris Dupin Thursday, August 28, 2014

Gnarly surf closes terminal in Long Beach

   Two cargo terminals at the Port of Long Beach suspended vessel operations Wednesday because 10- to 15-foot high wave surges powered by Pacific Hurricane Marie endangered longshore workers. High waves were reported all along the coast in Southern California, delighting some surfers, while damaging homes and overturning boats at some marinas.    Total Terminals […]

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Chris Dupin Thursday, August 28, 2014

Maersk raising rates on imports from Europe

   Maersk said it is raising rates Oct. 1 on transatlantic services from North Europe and the Mediterranean to the U.S.    A general rate increase will be implemented on cargo from North Europe of $250 per 20-foot container and $350 per 40-foot or 45-foot container, be they dry or reefer boxes.    From the […]

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FreightWaves Staff Thursday, August 28, 2014

Oil and gas group Acteon to use Amber Road for restricted party screening

   The Acteon Group, a global subsea services provider, has chosen the global trade management software provider Amber Road to automate and standardize restricted party screening across all of its worldwide branded services.    Acteon, headquartered in Norwich, UK, is the umbrella company for a broad range of companies, with 35 different company sites, mainly […]

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FreightWaves Staff Thursday, August 28, 2014

U.S. economy grew 4.2% in 2Q

   The U.S. economy grew 4.2 percent in the second quarter, according to a revised estimate by the Commerce Department. It previously said second quarter GDP was 4 percent.    The economy bounced back strongly from the 2.1-percent decrease in the first quarter in large part because of strong exports.     Real exports of goods […]

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FreightWaves Staff Thursday, August 28, 2014

Seattle picks Fick as port director

Fick    Port of Seattle commissioners have selected businessman Ted J. Fick as the port’s next chief executive officer, effective Sept. 29. The appointment must be formally approved by the port commission at its Sept. 11 public meeting.    Fick will replace Tay Yoshitani, who is retiring as port director.    “Ted has the right combination […]

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FreightWaves Staff Wednesday, August 27, 2014

ITC says GOES imports don’t harm U.S. industry

   The U.S. International Trade Commission has determined that domestic manufacturers of grain-oriented electrical steel (GOES) are not harmed by similar imports from producers in Germany, Japan, and Poland, although the Commerce Department had determined the product is sold in the United States at less than fair value.     As a result of the ITC’s […]

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FreightWaves Staff Wednesday, August 27, 2014

Drewry: Air freight prices inch up in July

   Air freight prices inched up to an average of $3.32 per kilogram in July, rising $0.02 from the average price paid in June, according to Drewry’s East-West Air Freight Price Index.    The index takes an average of rates paid by forwarders, including surcharges, on 21 key trade lanes.    The July rate reflects […]

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