American Shipper

FreightWaves Staff Thursday, July 24, 2014

Independent drivers file suit against FMCSA

   Members of the Owner-Operator Independent Drivers Association allege the Federal Motor Carrier Safety Administration is sharing pre-employment screening results illegally by giving employers driver safety data.    The drivers filed a class-action lawsuit Wednesday alleging that the data the FMCSA shares goes “far beyond its statutory authority,” according to an OOIDA press release. The […]

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Chris Dupin Thursday, July 24, 2014

Jacksonville gets PORTS sensor array

   An array of sensors that provide ships and other users in the Port of Jacksonville with real-time tidal and weather information was dedicated Wednesday.    The Physical Oceanographic Real-Time System (PORTS) is designed to save money, improve safety and enhance research regarding conditions in the St. Johns River.    The $2.8 million PORTS system […]

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Chris Dupin Thursday, July 24, 2014

Costamare reports higher revenues as fleet grows

   Costamare, an Athens-based company that owns and charters containerships to liner companies, said it had net income in the second quarter ending June 30 of $27.4 million, compared to $30.6 million during the same period in 2013. Voyage revenue in the quarter was $123.5 million, compared with $100 million in the second quarter of […]

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Chris Dupin Thursday, July 24, 2014

Pirates target small tankers

   The Piracy Reporting Center of the International Chamber of Commerce’s International Maritime Bureau is raising the alarm about an increase in small tanker hijackings.    While the overall number of incidents of piracy and armed robbery against ships reported to the piracy center was down in the first six months of 2014 — 116 […]

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Chris Dupin Thursday, July 24, 2014

Roadrunner buys ISI for $13 million

   Roadrunner Transportation Systems of Cudahy, Wisc., said it has acquired Integrated Services, Inc., of Kokomo, Indiana, a regional logistics provider primarily focused the automotive industry, for $13 million.    In 2013, Integrated Services generated revenues of approximately $21 million.

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Chris Gillis Thursday, July 24, 2014

New gantry cranes arrive at Port Freeport

   Port Freeport in Texas recently received two new post-Panamax cranes from Shanghai.    Both cranes will occupy a portion of Berth 7 at Velasco Terminal. They stand just under 300 feet from the ground and can lift up to 75 tons.    “The cranes will allow us to attract new services and business to […]

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FreightWaves Staff Thursday, July 24, 2014

Cargolux adds 10th 747-8 freighter

   Cargolux Airlines will take delivery of its 10th Boeing 747-8 freighter on July 25.    Dirk Reich, the carrier’s president and chief executive officer, said that the delivery of the plane will help bring the fleet average age down to 5.8 years.    “Apart from the increased fuel efficiency and reduced noise footprint, the […]

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FreightWaves Staff Wednesday, July 23, 2014

Pantos adds warehouse in Rotterdam

   Pantos Logistics has acquired a 20,000-square-meter warehouse at Massvlakte next to Port of Rotterdam.     The warehouse will allow Pantos to further expand its distribution business in Europe.     The company currently operates 90 distribution centers worldwide, including 11 in Europe, and has developed networks in European countries, including the Netherlands, Germany, France, the […]

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Chris Gillis Wednesday, July 23, 2014

Vanguard expands operations in Turkey

   Non-vessel-operating common carrier Vanguard Logistics Services has established Vanguard Turkey Lojistik Hizmetler A.S., providing both import and export less-than-containerload services.    The NVO has provided services in Turkey through a partnership with JMS for many years. The JMS employees will transition into the Vanguard Group, expanding Vanguard’s brand, operations and network to the Turkish […]

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FreightWaves Staff Wednesday, July 23, 2014

Railroads reap second-quarter profits

   Norfolk Southern officials said the railroad broke a record for net income during the third quarter, generating $562 million, a 21-percent, year-over-year rise.    Income from railway operations experienced a 22-percent increase to $1 billion.    Coupled with those record earnings, NS’ operating ratio improved by 5 percentage points, as operating revenues rose 9 […]

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FreightWaves Staff Wednesday, July 23, 2014

Truck tonnage off slightly in June

   After four consecutive months of improving truck tonnage, the American Trucking Associations’ For-Hire Truck Tonnage Index inched down by 0.8 percent in June.    “June was one of those months where the data doesn’t quite match up with the anecdotal reports from fleets,” Bob Costello, ATA’s chief economist said in a statement. “We had […]

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FreightWaves Staff Wednesday, July 23, 2014

Delta Q2 cargo revenue down 1%

   In the second quarter, Delta Air Lines’ cargo revenue fell 1 percent to $230 million, on what officials said were “lower freight yields were partially offset by higher volumes.”    Cargo revenue fell 5 percent during the first six months of the year, when compared to the same period in 2013.    Total operating […]

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Chris Dupin Wednesday, July 23, 2014

Report: Crowley in talks to buy Horizon Puerto Rico operations

   Crowley is reportedly “in talks to acquire Horizon Line’s port facilities in San Juan and its service between the mainland and Puerto Rico,” according to the publication Caribbean Business, which cited unnamed sources.    However, Crowley Spokesman Mark Miller said, “Our plans have not changed. We are building two new, LNG-powered ConRo ships at […]

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Chris Dupin Wednesday, July 23, 2014

Service to Iranian ports resuming

   Foreign shipping lines are resuming container service to Iranian ports.    “Thai Wan Hai Company became the first foreign shipping line that resumed operation in Iran after its ship berthed in the Southern Iranian Shaheed Rajayee port on Tuesday morning,” reported Iran’s FARS News Agency. Wan Hai is headquartered in Taiwan, but has subsidiaries […]

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