American Shipper

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 […]

Read More »
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 […]

Read More »
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.

Read More »
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 […]

Read More »
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 […]

Read More »
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, […]

Read More »
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, […]

Read More »
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 […]

Read More »
Chris Dupin Monday, November 25, 2013

CMA CGM sees performance decline in Q4

   CMA CGM, the world’s third largest container shipping company, said it had a profit attributable to shareholders of $70 million in the third quarter, compared to $363 million in the same 2012 period.    Revenues in the third quarter were $4.1 billion, down 2.1 percent from the $4.2 billion reported in the same period […]

Read More »
FreightWaves Staff Monday, November 25, 2013

DOT advisory panel calls for HMT reform

   The Department of Transportation’s new National Freight Advisory Committee on Thursday unanimously recommended that Congress pass legislation to ensure the full amount of Harbor Maintenance Tax collected each year from seaport users is spent for dredging to keep shipping channels at their maximum authorized depth, according to the American Great Lakes Port Association.   […]

Read More »
FreightWaves Staff Monday, November 25, 2013

Air France packs freighters with Beaujolais

   Air France-KLM-Martinair Cargo has flown four full freighters’ worth of Beaujolais Nouveau wine around the world in November.     Bottles of Beaujolais Nouveau, which are sold in the same year they are harvested, are released for sale each year on the third Thursday of November. In order to get the wine to market in […]

Read More »
FreightWaves Staff Monday, November 25, 2013

Domestic theft down in October

   In October, FreightWatch International recorded 52 thefts, down from 84 incidents in September and 74 in August.    During the past three months, thefts were down by 9 percent compared to the preceding three-month period, but the average value skyrocketed by 58 percent.    Thefts involving the food and drink sector accounted for 22 […]

Read More »
Chris Gillis Friday, November 22, 2013

ITC to investigate windshield wiper imports

   The U.S. International Trade Commission voted to investigate imports of certain windshield wipers — “flat blades” or “beam blades,” as referred to by the automotive industry — and related components.    The investigation is based on a complaint filed by Trico Products Corp. of Rochester Hills, Mich., on Oct. 21. The complaint alleges patent […]

Read More »