American Shipper

Chris Dupin Friday, February 28, 2014

CSAV shareholders to vote on Hapag-Lloyd merger

   CSAV said it has called an extraordinary shareholders’ meeting for March 21, “when investors should approve the possible merger of CSAV’s containership business with those of the German shipper Hapag Lloyd.”    CSAV said should the merger be completed, it would receive 30 percent of the combined company, a percentage subject to closing adjustments. […]

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FreightWaves Staff Friday, February 28, 2014

U.S. 4Q GDP revised down to 2.4%

   U.S. Gross Domestic Product, the broadest measure of the value of goods and services produced, grew at an annual rate of 2.4 percent in the fourth quarter, down from the initial estimate of 3.2 percent, the government said Friday.    The updated figure is based on more complete data.     The U.S. economy grew […]

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Chris Gillis Friday, February 28, 2014

Corn shippers warned to avoid co-mingling

   With the release of a new corn seed from Syngenta and concerns over mixing genetically modified grains in shipments, the U.S. Grain Council urged its shipper members to exercise an “aggressive stewardship” program as it relates to corn exports.    “It is important for all sectors of the value chain — individual farmers, technology […]

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FreightWaves Staff Thursday, February 27, 2014

CargoSphere to release SUDS 2.0

   CargoSphere has enhanced its SUDS (Smart Upload and Diagnostics Solution) technology by releasing SUDS 2.0, which will be available in late March, the company announced.    SUDS reads and processes external freight data from documents and loads it into a rate system database. CargoSphere said the new version of SUDS is faster and allows […]

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Chris Gillis Thursday, February 27, 2014

Desiccant maker Clariant keeps cocoa beans dry

   Clariant Corp., a maker of desiccant materials, said its Container Dri II desiccant products exceed new specifications from the Federation of Cocoa Commerce Ltd. for protection of cocoa bean shipments in containers during transit.    The updated federation guidelines, published in November 2013, no longer recommend silica gel desiccant bags; instead, it prefers calcium […]

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FreightWaves Staff Thursday, February 27, 2014

Cathay Pacific adds cargo service to Ohio

   Cathay Pacific Airways will expand its freight services in the United States by adding a twice-weekly service to Columbus, Ohio.    Cathay Pacific Director of Cargo James Woodrow stated, “Cathay Pacific is delighted to further strengthen our industry-leading transpacific service by adding Columbus to our network. Our 13 Boeing 747-8F freighters are the ideal […]

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FreightWaves Staff Thursday, February 27, 2014

MacGregor buys Deep Water Solutions

   MacGregor, part of Cargotec, has acquired Deep Water Solutions AS, which specializes in lifting applications, the company announced Thursday.    “Customer requirements for environmentally friendly solutions are increasing in offshore load handling applications, such as subsea cranes, module handling and LARS (launch and recovery) systems, and having Deep Water Solutions’ experts in the MacGregor […]

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FreightWaves Staff Thursday, February 27, 2014

Obama floats transport plan, Rep. Mica slams bigger gas tax

Obama    President Barack Obama on Wednesday proposed a four-year, $302 billion spending plan for repairing and upgrading the nation’s highways, bridges and transit systems, and said half the money could come from a one-time transfer of revenue that arises from any pro-growth business tax reform Congress enacts.    It includes $10 billion for what […]

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FreightWaves Staff Thursday, February 27, 2014

Parra named CEO at DHL Express

   DHL Express has chosen Mike Parra as chief executive officer of the organization’s U.S. express division, the company announced Thursday.    “Mike is a proven leader with a vast amount of successful local and international experience in our industry, great business vision and ability to engage and bring people together,” said Stephen Fenwick, CEO […]

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FreightWaves Staff Thursday, February 27, 2014

DHL adds to aftermarket services

   DHL Supply Chain has beefed up its aftermarket offerings, inking partnerships with Anovo, Computer Technology Solutions and SMS Infocomm, as DHL strives to take more of the $19 billion aftermarket industry.    In its Technical Services offering, DHL Supply Chain provides repairing, re-boxing, receiving, re-selling and assessing on all accounts. DHL said adding repair […]

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Chris Gillis Thursday, February 27, 2014

Redwood City port signs on Boxer Industries

   The Redwood City Port Commission on Wednesday approved a three-year lease with Boxer Industries for a carbon black pilot production facility.    Boxer Industries, based in Silicon Valley, Calif., develops technologies that convert natural gas into chemicals and materials for customers worldwide. Carbon black is a material used in manufacturing nearly all black rubber […]

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FreightWaves Staff Thursday, February 27, 2014

Schneider selling nearly 6,000 trailers

   Schneider will sell 5,700 used trailers in order to generate revenue for a fleet renewal.    The 53-foot dry vans, which were manufactured between 1999 and 2004, are being sold for up to $8,000.     “Schneider’s used fleet trailers are versatile and a solid investment for trucking operations, storage units, farm use, construction projects […]

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Chris Gillis Thursday, February 27, 2014

Echo buys Comcar Logistics

   Echo Global Logistics has acquired Comcar Logistics, a non-asset-based truckload brokerage based in Jacksonville, Fla.    Founded in 2011, Comcar provides truckload brokerage to a range of customers, primarily in the Southeastern and Rocky Mountain regions. Comcar is led by Lane Turner, who will serve as a regional vice president for Chicago-based Echo.    […]

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