American Shipper

Chris Dupin Monday, June 23, 2014

Georgia ports had record volume in May

   The Georgia Ports Authority said it had record cargo volumes in May.    The agency said 290,436 TEU moved through Savannah, 11-percent more when compared to May 2013. Breakbulk volumes were 266,734 tons, also an 11-percent gain over May 2013. Automobiles and other ro/ro cargo such as machinery volumes were up 7 percent to […]

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FreightWaves Staff Friday, June 20, 2014

AAR measures record intermodal growth

   Domestic intermodal traffic jumped to a record 270,243 units during the week ended June 14, a 6.3-percent, year-over-year, rise, according to the Association of American Railroads.    Domestic rail traffic rose by 2.2 percent, year-over-year, during the week, finishing the period at 295,132 carloads.    Combined, the traffic result showed a 4.4-percent, year-over-year, improvement. […]

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FreightWaves Staff Friday, June 20, 2014

TSA lifts paperwork rule for air cargo screening

   The U.S. Transportation Security Administration on Thursday notified air carriers, freight forwarders and shippers that they no longer will be required to report screening levels for air cargo loaded on passenger aircraft, according to The International Air Cargo Association. The decision relieves the private sector of a regulatory burden that cost companies money, it […]

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FreightWaves Staff Friday, June 20, 2014

CargoSmart releases new version of mobile schedules app

   The global shipment management solutions provider CargoSmart has released a new version of its free sailing schedules application for Android and iPhone called SSM+.    The application allows shippers and logistics services providers to view schedule reliability rankings in the sailing schedule search results screen so that users can quickly compare services and select […]

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Chris Dupin Friday, June 20, 2014

Israel will not give up golden share

   Israel’s Minister of Finance has said the country will not give up its so-called “golden share” in Zim.    A notice on the ministry’s website said that the decision was made after a meeting with representatives of the Ministry of Finance, the Ministry of Defense, Ministry of Transport, and Ministry of Justice that heard […]

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Chris Gillis Friday, June 20, 2014

Massport approves FY2015 budget

   The Massachusetts Port Authority voted Thursday to approve a business plan and budget for fiscal year 2015 of $623 million, a 5-percent increase, or $31 million more than the previous year.     “The plan will fund Massport’s commitment to key areas such as safety and security, supporting neighboring community programming, improving the customer experience […]

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FreightWaves Staff Thursday, June 19, 2014

Greenbrier sees big demand for new tank cars

   Since May 21, the Greenbrier Companies have accepted 3,500 orders for the firm’s “Tank Car of the Future,” which when combined with the 4,200 other current tank-car orders, brings its order book to a value of $960 million.     Greenbrier officials also said that interest in tank retrofits will help its new joint venture […]

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Chris Gillis Thursday, June 19, 2014

Ex-Im Bank guarantees $15M loan for Cat equipment export

   The U.S. Export-Import Bank voted this week to guarantee a $15 million loan extended by Rabobank International of Utrecht, the Netherlands, to Energyst to facilitate the export of Caterpillar power-generation equipment.    “Ex-Im Bank’s financing will support the export of important power-generation equipment made here in America and for potential use in Africa or […]

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FreightWaves Staff Thursday, June 19, 2014

Drivers take action in pension row with Sainsbury

   Almost 200 truck drivers at U.K. supermarket chain Sainsbury plan to walk off the job at the Merseyside distribution center for two hours on Friday to protest the company’s changes to its pension plan, the nation’s largest trade union, Unite, said.    The union claims that low-wage workers will see significant cuts to their […]

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FreightWaves Staff Thursday, June 19, 2014

Intersil settles charges of export violations

   Intersil Corp. of Milpitas, Calif., has agreed to pay a $6 million civil penalty for violating export control laws and spend up to $4 million to institute stronger internal compliance procedures, the U.S. State Department said Thursday.    The company allegedly misclassified thousands of radiation-hardened and tolerant integrated circuits, which are defense articles controlled […]

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Chris Dupin Thursday, June 19, 2014

APM Terminals to raise cranes in Los Angeles

   The Port of Los Angeles will hold a public hearing on Thursday evening to receive public comments prior to considering the a request by APM Terminals to raise 14 existing container cranes and extend their reach booms at berths 401-404.    APM plans to raise the cranes 32 feet and extend the boom reach […]

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