American Shipper

FreightWaves Staff Wednesday, February 12, 2014

Port Everglades ICTF begins to take shape

   The Florida East Coast Railway has begun installing rail tracks and crane pads for a ship-to-rail terminal slated to open this summer at Port Everglades in Fort Lauderdale, the port authority said Tuesday.    Florida East Coast (FEC) signed a 30-year concession in 2012 to build and operate the 43-acre near-dock intermodal container transfer […]

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Chris Gillis Wednesday, February 12, 2014

Donjon to build barge for Seabulk Tankers

   Donjon Shipbuilding and Repair, located in Erie, Pa., has entered a contract to construct a 185,000-barrel coastal petroleum and chemical barge for Seabulk Tankers.    The barge will become a component of Seabulk’s articulated tug-and-barge vessel. Delivery is expected by the first half of 2016.

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FreightWaves Staff Wednesday, February 12, 2014

G&W has weaker-than-expected Q4

   Genesee & Wyoming experienced a weaker-than-expected fourth quarter in 2013, according to its chief executive officer, though income numbers show significant gains from the year before.    Total operating revenues for the year jumped 72 percent to $391.7 million. Adjusted income from operations increased 65 percent to $95.7 million, and reported income leaped by […]

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FreightWaves Staff Wednesday, February 12, 2014

Saudia Cargo adds flights to handle flower demand

   Saudia Cargo will operate four extra freighter flights from Nairobi to Amsterdam this month in order to meet the higher demand for flower exports, the company announced Wednesday.    “Over the last year, Saudia Cargo has significantly increased its scheduled capacity in the Kenyan export market by 40 percent,” stated Ken Mbogo, regional sales […]

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FreightWaves Staff Wednesday, February 12, 2014

BNSF to invest $5 billion in 2014

   BNSF announced last week a capital commitment plan for 2014 of $5 billion, which it said is a record plan and a $1 billion increase over its expenditures in 2013.    The railroad will spend $2.3 billion on network upgrades, $1.6 billion on equipment purchases, $900 million for terminal and other expansion, and $200 […]

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FreightWaves Staff Wednesday, February 12, 2014

Report: P3 Alliance Transit Time Analysis

   To download this report you must be an American Shipper Global Schedule Subscriber, a BlueWater Reporting Individual Subscriber or a BlueWater Reporting Corporate Subscriber or you may purchase the report directly by visiting https://www.bluewaterreporting.com/p3transittimeanalysis                                           […]

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Chris Dupin Tuesday, February 11, 2014

Maersk returns 14 ships

   Maersk Line is returning  the 14 ships it had on charter from the German KG fund MPC Flottenfonds III.    The ships ranged in size between 3,604 TEU and 4,224 TEU, and they were delivered between December 1991 and March 1995. Maersk acquired the ships as part of its purchase of P&O Nedlloyd in […]

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FreightWaves Staff Tuesday, February 11, 2014

UPS expands in UK with purchase of Polar Speed

   UPS has purchased Polar Speed, a U.K.-based provider of pharmaceutical supply chain solutions, the company announced Tuesday.    UPS said the purchase of the company — which uses a temperature-controlled fleet to deliver products to hospitals, pharmacies, wholesalers and surgery centers — is part of its strategy to offer more solutions to customers in […]

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FreightWaves Staff Tuesday, February 11, 2014

ICAO, Singapore agree to partner in aviation training

   The International Civil Aviation Organization and Singapore signed an agreement Monday to increase collaboration on training for the civil aviation sector, at the same time the republic is hosting the Singapore Airshow 2014.    The Memorandum of Understanding was formalized by Olumuyiwa Benard Aliu, president of the ICAO Council, and Lui Tuck Yew, minister […]

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FreightWaves Staff Tuesday, February 11, 2014

UTi Worldwide consolidates in new facility

   UTi Worldwide has opened a new facility in Michigan, combining warehouse activities and space for air, ocean and ground freight forwarding, the company announced Tuesday.    The new “shared asset” model, which is 228,000 square feet, replaces two separate UTi buildings that were in the area.    “Having both teams in one location allows […]

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Chris Gillis Tuesday, February 11, 2014

WTO asked to help settle U.S.-India solar cell trade dispute

   The United States on Monday requested World Trade Organization dispute settlement consultations with India concerning domestic content requirements in Phase II of India’s National Solar Mission.    The U.S. government said these domestic content requirements “discriminate against U.S. solar cells and modules by requiring solar power developers participating in Phase II to use Indian-manufactured […]

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