American Shipper

Chris Dupin Wednesday, March 19, 2014

L.A., Long Beach report lower container volumes

   The ports of Long Beach and Los Angeles have reported lower cargo volumes in February than in the same period last year.    The Port of Long Beach said in a statement that “cargo numbers were affected by the Lunar New Year, a holiday celebrated in China and other countries in East Asia. The […]

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FreightWaves Staff Wednesday, March 19, 2014

Roadrunner acquires L.A.-based Unitrans

   The asset-light transportation and logistics services provider Roadrunner Transportation Systems has acquired Los Angeles-based non-asset-based logistics company Unitrans International Corp.    Roadrunner financed the $55.5 million with its own credit facility. The move continues a stream of acquisitions by Roadrunner in the non-asset space. In this case, it adds international capabilities to Roadrunner’s portfolio. […]

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Chris Gillis Wednesday, March 19, 2014

Coyote Logistics, AAT to merge

   The boards of third party logistics providers Coyote Logistics of Chicago and Access America Transport in Chattanooga, Tenn., have approved a merger agreement.    Terms of the deal were not disclosed.    Started in 2002, AAT provides multimodal transportation services, including truckload, less-than-truckload, intermodal, flatbed and specialized freight for shippers and carriers across the […]

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Chris Gillis Wednesday, March 19, 2014

Ex-Im Bank, FCIB spread word on export financing

   The U.S. Export-Import Bank has entered a cross-marketing partnership with the Finance, Credit and International Business Association, a division of the National Association of Credit Management, which represents thousands of credit and finance professionals.    The bank and FCIB signed a memorandum of understanding that conveys their mutual interest in providing information to business […]

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FreightWaves Staff Tuesday, March 18, 2014

Yusen Logistics expands at Port of Duisburg

   Yusen Logistics began its fourth expansion phase Tuesday by opening a new logistics facility at the Port of Duisburg.     “The expansion adjacent to our existing logistics facilities is an important step for us, which makes a new range of logistics services possible for our customers in Germany and Europe,” said Seiji Yuzen, managing […]

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FreightWaves Staff Tuesday, March 18, 2014

Hamburg airport begins work on new air cargo terminal

   Hamburg Airport on Monday began construction on its new air cargo center, with modern buildings and facilities that will replace the existing center.    The new cargo terminal, which the airport said will open in summer 2015, will be called the Hamburg Airport Cargo Center.    “We, the airport, are investing around 45 million […]

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Chris Dupin Tuesday, March 18, 2014

Kirby orders 29 extra tank barges

   Kirby Corp. said Monday that it has signed an agreement to order an additional 29 new inland tank barges with 30,000-barrel capacity this year.    Joe Pyne, Kirby’s chairman and chief executive officer, said the additional barges “will help to meet the additional volume requirements driven by strong and expanding movements of crude oil […]

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FreightWaves Staff Tuesday, March 18, 2014

GSF urges U.S./European regulators to scrutinize P3

   The Global Shippers’ Forum this week called on regulators in Europe and the United States to fully investigate the impact on price and service of the proposed P3 network of Maersk Line, Mediterranean Shipping Co. and CMA CGM.    The GSF, at its third annual meeting in Los Angeles, urged the regulators (including the […]

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Chris Gillis Monday, March 17, 2014

St. George expands in Savannah

   Distribution center operator St. George Warehouse has opened a new 160,000-square-foot facility within minutes of the Port of Savannah’s Garden City Terminal and close to Interstate 95.    Company officials said the facility, which includes 28 truck bays, will primarily be used as a cross-dock operation, with large capacity storage for mid-sized and large […]

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