American Shipper

FreightWaves Staff Wednesday, November 27, 2013

Trucking industry embarks on mission to alter image

   Annoyed by the traction that the railroad industry has gotten with its ubiquitous “Freight Rail Works” advertising campaign, motor carriers have decided to use the media too to put their best face forward to the public and politicians.    Last month, the American Trucking Associations, Owner-Operators Independent Drivers Association, National Tank Truck Carriers, Truckload […]

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FreightWaves Staff Wednesday, November 27, 2013

Miami to receive first shipment of Peruvian grapes

   The Port of Miami is scheduled to receive its first container of grapes from Peru on Sunday, according to the port authority. A cold treatment pilot program commenced in October, making possible the direct import of grapes and blueberries from Peru and Uruguay.    Until now, imports of fruits from tropical climates had to […]

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Chris Gillis Wednesday, November 27, 2013

Ex-Im Bank supports Costa Rica wind farm exports

   The U.S. Export-Import Bank has approved a $61.1 million direct loan to Inversiones Eolicas de Orosi Dos S.A. (Orosi), a subsidiary of Central American wind-generation company Globeleq Mesoamerica Energy, to buy wind turbine generators manufactured by Gamesa in Fairless Hills, Pa.    The authorization represents Ex-Im Bank’s first wind industry transaction in Costa Rica and […]

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FreightWaves Staff Wednesday, November 27, 2013

Texas shipper to pay $100 million for U.S. export violations

   Weatherford International Ltd. in Houston and four of its subsidiaries have agreed to pay a $50 million civil penalty following allegations that the company illegally exported oil and gas equipment to Iran, Syria and Cuba, said the U.S. Commerce Department’s Bureau of Industry and Security.    In specific, the company violated the Export Administration Regulations (EAR) […]

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Chris Gillis Wednesday, November 27, 2013

WTO chief says multilateral agreements not yet there

   Representatives to the World Trade Organization’s General Council held the “most intensive” negotiations in Geneva since July 2008, but final agreements remain elusive in the face of the Bali Ministerial Conference on Nov. 26, said WTO Director-General Roberto Azevêdo.    “Over the last few days, we stopped making the tough political calls,” Azevêdo said […]

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FreightWaves Staff Tuesday, November 26, 2013

Europe to promote alternative-fuel infrastructure

   The European Parliament could soon establish guidelines to increase the alternative fuel infrastructure across the European Union, adding fueling stations filled with electric, hydrogen and natural gas for ocean and road transport.    European Commission officials, who celebrated the development, say the vote solves the issue in the alternative fuel industry of not having […]

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Chris Gillis Tuesday, November 26, 2013

JF Hillebrand buys Satellite Logistics

   JF Hillebrand Group AG, a third-party logistics specialist in the beverage industry, has acquired Houston-based Satellite Logistics Group.    Terms of the deal were not disclosed.    SLG specializes in reverse logistics solutions and related services for the beer and beverage industry, including its Kegspediter keg management, LogiTrax transportation management, and EcoBev beverage disposal. SLG’s […]

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Chris Gillis Tuesday, November 26, 2013

WTO backs EU’s seal trade ban

   The World Trade Organization released a final report this week backing the European Union’s ban on trade in products of commercial seal hunts. In 2010, Canada and Norway initiated a WTO challenge against the European Union’s ban.

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Chris Dupin Tuesday, November 26, 2013

UASC increases intra-Asia service

   United Arab Shipping Company is introducing two new feeder services to improve its service in Asia.    “The dedicated and direct services will run weekly, covering Japan, Central and South China, Thailand, and Vietnam effective (at the) end of November 2013,” the company said. “These new services will provide UASC customers with expanded coverage […]

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FreightWaves Staff Tuesday, November 26, 2013

Deep Dredge begins at PortMiami

   The U.S. Army Corps of Engineers and its contractor, Great Lakes Dredge and Dock Co. LLC, last week began dredging Miami’s ship channel to 50-feet after more than 15 years of planning, design, permitting, gaining legislative authorization and settling lawsuits, the Port of Miami Authority said Thursday.    The latest estimate now pegs the […]

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FreightWaves Staff Monday, November 25, 2013

Lawmakers air concerns with American-US merger settlement

   A merger between American Airlines and US Airways could reduce service to rural airports and small communities if the Department of Justice’s settlement is approved as is, Members of the House Transportation and Infrastructure Committee wrote in a letter to Transportation Secretary Anthony Foxx.    In the letter, John D. Rockefeller, IV, Bill Shuster, […]

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FreightWaves Staff Monday, November 25, 2013

Regulations could strain truckload capacity

   The bevy of current and future trucking regulatory changes could strain capacity in a truckload market that currently sits at 90-percent utilization, noted FTR Associates’ Noel Perry.    Perry, who spoke recently at a lunch hosted by Cowen and Company, predicted a price increase of between 4 percent and 5 percent for next year, […]

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FreightWaves Staff Monday, November 25, 2013

Stifel’s 3Q 2013 Domestic Transportation Update

   Year-over-year truckload volume comps turned positive in May after several years of negative or near-negative growth, but that change was largely due to a corresponding decline in length-of-haul. Absolute index volumes remain well below pre-recession levels. We attribute the bulk of freight market lethargy to persistent weakness in underlying core economic growth. Y/Y dry […]

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