American Shipper

FreightWaves Staff Wednesday, June 25, 2014

2014 Transportation Payment Benchmark Study: Paying the Price for an Outdated Payment Process

American Shipper, in partnership with the Council of Supply Chain Management Professionals (CSCMP) and the Retail Industry Leaders Association (RILA), surveyed nearly 190 shippers and third party logistics providers on their freight payment procedures, strategies, global integration, and technology. Key focus areas include: The tools shippers and 3PLs use to extend payment terms The extent to […]

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Chris Dupin Wednesday, June 25, 2014

Nautilus files for bankruptcy protection

   Nautilus Holdings, Ltd., a company that owns 16 containerships and charters them to various liner companies, filed for protection along with several affiliates under Chapter 11 of the U.S. Bankruptcy Code on Tuesday, citing the downturn in the container shipping industry.    The ships have been on charter to companies such as Maersk, Evergreen, […]

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Chris Dupin Tuesday, June 24, 2014

Remember piracy victims today, group urges

   The Maritime Piracy Humanitarian Response Program is asking that seafarers attacked and kidnapped by pirates be remembered on the International Maritime Organization’s Day of the Seafarer 2014, celebrated on June 25.    “As the world celebrates the Day of the Seafarer 2014 and pays tribute to their dedication and contribution to global trade, MPHRP […]

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FreightWaves Staff Tuesday, June 24, 2014

Descartes to sell 9.5 million shares

   Descartes has initiated a public offering in the United States and Canada of 9.5 million common shares to generate cash for future acquisitions, debt repayment and general purposes, according to the company.    “Completion of the offering is subject to market conditions and approval by the Toronto Stock Exchange. There can be no assurance […]

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Chris Gillis Tuesday, June 24, 2014

OW Bunker buys Wilhelmsen Marine Fuels

   OW Bunker, a distributor of marine fuels, has acquired marine fuel broker Wilhelmsen Marine Fuels, a subsidiary of Norwegian Wilhelmsen Maritime Services.    Terms of the deal were not disclosed.    Wilhelmsen Marine Fuels’ main activity is broking services from offices in Oslo, London and Singapore. The firm will continue as a separate business […]

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Chris Gillis Tuesday, June 24, 2014

Yusen starts cold-chain LTL service in Indochina

   Third-party logistics provider Yusen Logistics has started temperature-controlled, less-than-truckload services for food products in Indochina.    “With reefer trucks often used for road transportation of food products and other chilled cargo, solutions can be costly with scheduling issues, as trucks sometimes need to be chartered even for small orders, or postponed until more cargo […]

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Chris Dupin Tuesday, June 24, 2014

TSA delays peak season surcharge until July 1

   The 15 container shipping lines that are members of the Transpacific Stabilization Agreement have delayed the effective date of a scheduled peak season surcharge of $400 per 40-foot container from June 15 to July 1, saying that the new date coincides with “expiration of various market rates on June 30.    “The objective is […]

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FreightWaves Staff Tuesday, June 24, 2014

Damco sets up CFS in Myanmar

   Damco, a third-party logistics subsidiary of A.P. Moller-Maersk, has started operating its first warehouse and container freight station in Myanmar.     The 4,000-square-meter facility is located 15 kilometers from Yangon ports and major industrial sites in the country.     “After acquiring an operating license in 2013 and opening a new office in Yangon, we […]

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Chris Gillis Tuesday, June 24, 2014

Old Dominion expands in Maine

   Less-than-truckload carrier Old Dominion Freight Line has completed an expansion to its Portland, Maine, facility.     The renovated service center has 43 doors — more than 60-percent more doors than the original service center, Old Dominion said. The company entered Maine in 2005.    The service center provides service throughout Maine, including Sanford, Scarborough, […]

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FreightWaves Staff Tuesday, June 24, 2014

French air traffic controller strike impacts shipments

   A strike by members of a French air traffic controllers union has caused delays throughout Europe, according to the International Air Transport Association.    News reports found that the proposed six-day strike has impacted 20 percent of all flights in France.    “In addition to vacationers, business people undertaking important trips, and those awaiting […]

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Chris Dupin Tuesday, June 24, 2014

Europe extends exemption for shipping consortia to 2020

   The European Commission said Tuesday it has extended by another five years until April 2020 thevalidity of its existing legal framework exempting, if certainconditions are met, liner-shipping consortia from EU antitrust rules.    The decision comes days after China scuttled plans for the P3 Network that Maersk, MSC and CMA CGM planned to operate […]

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FreightWaves Staff Tuesday, June 24, 2014

Washington Notebook: U.S. agencies to test integrated trusted shipper program

   U.S. Customs and Border Protection has plans to test a holistic trusted trader program that combines security and trade compliance similar to the World Customs Organization’s Authorized Economic Operator model, the agency announced in the Federal Register last week.      The pilot program represents another step toward integrated government cargo clearance at the […]

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FreightWaves Staff Monday, June 23, 2014

DHL to ship Airbus parts to Ala. facility

   DHL Global Forwarding will work with Airbus to ship parts for its A319, A320 and A321 planes from a production site in Germany to the company’s new facility in Mobile, Ala., for final assembly.    The agreement will commence in 2015. DHL will load components like wings and fuselages onto air and ocean carriers […]

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