American Shipper

FreightWaves Staff Wednesday, April 9, 2014

Yusen starts Southeast Asia cross-border trucking service

   Yusen Logistics said Wednesday it has started a cross-border trucking service connecting Singapore, Malaysia, Thailand, Cambodia and Vietnam.    The service, called South East Asia Link (SEAL), provides full truckload and less-than-truckload solutions five times per week between Singapore and Malaysia, and twice per week between Malaysia and Thailand and Vietnam.    SEAL is […]

Read More »
FreightWaves Staff Wednesday, April 9, 2014

Governor puts Port of Virginia under scrutiny

McAuliffe    After a tumultuous three years during which state officials made a series of significant institutional reforms to address concerns with cargo volumes, efficiency and profitability, the Port of Virginia could be in for more change.     Gov. Terry McAuliffe, the new Democratic governor of Virginia, told the Hampton Roads Chamber of Commerce on […]

Read More »
Chris Dupin Wednesday, April 9, 2014

Baltimore sets cargo records in 2013

   The Port of Baltimore said it handled record amounts of automobiles, containers and wood pulp in 2013.    In total, the amount of general cargo at the port’s public marine terminals reached 9.6 million tons, matching last year’s record. Combining the private marine terminals, the port saw 30.3 million tons of international cargo cross […]

Read More »
Chris Gillis Tuesday, April 8, 2014

American Fast Freight expands at Kodiak Island

   American Fast Freight will open the largest cargo terminal on Alaska’s Kodiak Island on May 2.    The terminal is a 6,000-square-foot terminal built two miles from the Port of Kodiak and will receive shipments in 40-foot containers, flat racks and temperature-controlled trailers. Interstate cargo coming from the lower 48 states will be consolidated […]

Read More »
FreightWaves Staff Tuesday, April 8, 2014

Revised WTO government procurement agreement enters force

   The World Trade Organization’s revised Agreement on Government Procurement (GPA) officially entered into force on Sunday, almost two years after the protocol amending the original agreement was adopted.    The parties to the revised agreement will see gains in market access of between $80 billion and $100 billion annually for their businesses, WTO said. […]

Read More »
FreightWaves Staff Tuesday, April 8, 2014

Swift predicts low first-quarter earnings

   Swift Transportation said earnings per share during the first quarter will fall between $0.11 and $0.13, a lower-than-expected range that comes as a result of severe weather and its impact on volumes, and fuel and other expenses.    The company did point out, however, that first-quarter utilization improved during each month of the quarter, […]

Read More »
Chris Dupin Tuesday, April 8, 2014

MOL seeks $135M in damages from Mitsubishi after vessel sinking

   Mitsui O.S.K. Lines, Ltd. (MOL) and the owners of seven “C-series” container ships are seeking damages of ¥13.8 billion ($135 million) from Mitsubishi Heavy Industries in connection with the MOL Comfort incident.    The 8,000-TEU MOL Comfort split in two and sank off the coast of Yemen in June as it sailed from Singapore to Jeddah. […]

Read More »
FreightWaves Staff Tuesday, April 8, 2014

FedEx Express opens Mexican hub

   FedEx Express has opened the FedEx Hub Nacional Mexico distribution center, representing a $48-million investment from the company.    Officials said the 70,000-square-foot development will serve as the center of operations in Mexico. The center will also include an automatic sorting system that can handle 13,500 packages each hour.    “FedEx sees the potential […]

Read More »
FreightWaves Staff Monday, April 7, 2014

MOL to haul Mexican auto exports to U.S. ports

   Japanese ocean carrier MOL announced Monday it has launched new services to carry cars produced in Mexico to a number of U.S. East Coast and West Coast ports to meet growing demand.    Automakers have rapidly expanded production capacity in Mexico in recent years and analysts predict auto production will increase by more than […]

Read More »
FreightWaves Staff Monday, April 7, 2014

Union Pacific to invest $9M in Iowa rail line

   Union Pacific will invest more than $9 million in April on a rail line between Iowa’s Missouri Valley and Arlington, Neb. The project is expected to be completed by the end of the month.    The project includes the replacement of 19,300 railroad ties, insertion of 10,250 tons of rock ballast, and the installation […]

Read More »
Chris Gillis Monday, April 7, 2014

Great Lakes coal trade bogged by ice

   The Lake Carriers’ Association, which represents 17 American companies that operate 57 U.S.-flag vessels on the Great Lakes ice, said only three coal cargos were loaded so far this season starting in March — one on Lake Superior, one on Lake Michigan and one on Lake Erie.    The association said its members’ vessels […]

Read More »
FreightWaves Staff Monday, April 7, 2014

Delta to upgrade wide-body fleet

   Airbus and Boeing have received RFPs for 50 wide-body aircraft from Delta Airlines, which is seeking to upgrade its fleet.    According to Cowen and Company, Delta’s 16 B747-400s and 58 B767-300ERs have an average age of 20.1 years and 17.8 years, respectively.    “We expect Delta to look at aircraft with proven technology, […]

Read More »
Chris Gillis Monday, April 7, 2014

WWL adds call at San Antonio, Chile

   Wallenius Wilhelmsen Logistics has expanded its roll-on/roll-off vessel service to South America’s west coast this month by adding a monthly call to San Antonio, Chile.    “San Antonio is an important addition to WWL’s ocean network because of its close proximity to Santiago, Chile’s capital — a rising market for both auto and heavy […]

Read More »