American Shipper

FreightWaves Staff Friday, January 31, 2014

Revenues rise at Norbert Dentressangle

   Norbert Dentressangle experienced a 3.9 percent, year-over-year increase in revenues during 2013, ending the year at 4.03 billion euro ($5.44 billion).    The final result was propped up by a 9.4-percent increase, year over year, in logistics revenues, which ended 2013 at 1.95 billion euro. Transport revenue dropped by 1.2 percent when compared to […]

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Chris Gillis Friday, January 31, 2014

Norfolk Southern opens Chesapeake bulk transfer facility

   The Class I railroad Norfolk Southern has opened a new “thoroughbred bulk transfer” terminal in Chesapeake, Va.    TBT terminals are specialized facilities that allow shippers to transfer a large array of commodities between railcars and trucks. These facilities are owned by Norfolk Southern and are operated by independent contractors. The Chesapeake terminal is […]

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Chris Gillis Friday, January 31, 2014

K+N, SAS continue logistics agreement

   Kuehne + Nagel has extended its logistics provider partnership with SAS Scandinavian Airlines (SAS Technical Operation) for another three years.    K+N’s Copenhagen airport office provides door-to-door logistics services to the carrier and handles a range of aircraft parts, from engines to small cockpit window bolts.    “A smooth and innovative supply chain is […]

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Chris Gillis Friday, January 31, 2014

Henningsen Cold Storage expands in Portland

   Henningsen Cold Storage has started construction on a 2.7 million-cubic-foot expansion to its Portland, Ore., facility.    Originally built in 2008, the facility supports many shippers requiring frozen and refrigerated warehousing services in the Pacific Northwest, the company said.    “We are simply staying ahead of the curve with our customer growth,” said Michael […]

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Chris Gillis Friday, January 31, 2014

Kane Is Able expands to Detroit market

   Third-party logistics services provider Kane Is Able will add a distribution center in the Detroit area this month.    The company will move into a 60,000-square-foot facility in Brownstown, Mich., located 21 miles south of downtown Detroit. The operation will provide cross dock, distribution, and transportation services, and have about 60 employees.    This […]

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FreightWaves Staff Friday, January 31, 2014

Correction: New JaxPort master plan focuses on rail

   Thursday’s online story about the Port of Jacksonville incorrectly mentioned that the North Florida Transportation Planning Organization had released a rail feasibility study. A fact sheet has been issued, but the study won’t be completed until February. The previous version also mistakenly said there was contingent language in the WRDA bill for projects to […]

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FreightWaves Staff Friday, January 31, 2014

U.S. GDP grew 3.2% in Q4

   The U.S. economy is showing signs of sustained strengthening, with gross domestic product growing 3.2 percent in the fourth quarter, according to the Department of Commerce’s preliminary assessment.    GDP, the broadest measure of goods and services output, grew 4.1 percent in the third quarter.    The economy was bolstered by exports, state and […]

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FreightWaves Staff Friday, January 31, 2014

Florida Gov. Scott unveils transport budget

Scott    On Wednesday, Florida Gov. Rick Scott announced his proposed 2014-15 fiscal year budget, which includes $8.8 billion for public works projects in transportation overseen by the Department of Transportation.    As previously reported, Gov. Scott seeks to set aside $139 million for seaport infrastructure. If approved by the legislature, the Florida DOT will […]

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FreightWaves Staff Friday, January 31, 2014

Sen. Boxer, Rep. Shuster receive port industry honor

   The American Association of Port Authorities has named Sen. Barbara Boxer, D-Calif., and Rep. Bill Shuster, R-Pa., as joint recipients of its “Port Person of the Year” award for their work on advancing transportation legislation that assists ports. Boxer    Last year, Boxer, the chairman of the Senate Environment and Public Works Committee, and […]

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FreightWaves Staff Friday, January 31, 2014

NTSB to hold hearing on UPS Airlines crash

   The National Transportation Safety Board has scheduled an investigative hearing on Feb. 20 into the crash of a UPS Airbus A300-600 on approach to Birmingham-Shuttlesworth International Airport in Alabama last August.     Two flight crew members were killed, and the plane was destroyed upon impact less than a mile short of the runway. Runway 18 […]

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Chris Dupin Friday, January 31, 2014

Japanese carriers report losses in container units

   Japan’s three large shipping companies on Friday reported their results for the nine month period which ended Dec. 31, 2013. All had increased revenues, but the profit picture was mixed. The three companies — NYK, MOL and “K” Line — all have fiscal years that run from April 1 until March 31.    The […]

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FreightWaves Staff Thursday, January 30, 2014

Arkansas Best ends 2013 with gain

   Arkansas Best Corporation reported “solidly improved profitability” in its 2013 fourth-quarter and yearly results, according to a new release.    The company saw an 11-percent increase in yearly revenue, at $2.3 billion, and its fourth-quarter income – $10.3 million – was an improvement over its fourth-quarter 2012 net loss of $7.9 million.    “After […]

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