American Shipper

FreightWaves Staff Thursday, October 3, 2013

Llamasoft releases inventory optimization tool

   The supply chain design software provider LLamasoft this week released a tool aimed at helping companies manage optimize inventory levels.    The product, Inventory Guru, is intended to help companies better understand demand variability to right-sized safety stock. The tool is ultimately designed to help companies safeguard themselves against inventory variability.    “Traditional inventory […]

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FreightWaves Staff Thursday, October 3, 2013

Dallas forwarder to use Intellect system

   Dallas-based freight forwarder World Trade Cargo & Logistics, Inc. (WTCL) has has begun using eFreight from technology provider Intellect Technologies, the company said this week.    The Intellect eFreight system is designed for forwarders to provide e-commerce capabilities and direct access to U.S. Customs and to ocean carriers.    “It’s a configurable system that allowed […]

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Chris Gillis Wednesday, October 2, 2013

CSCMP prepares for Singapore conference

   The Council of Supply Chain Management Professionals (CSCMP) is preparing for its second conference in Singapore, Jan. 22-24.    The event, Effective Strategies for Managing Supply Chain Risk: Assuring the Viability of Your Supply Chain, will examine supply chain risk, discuss strategies to improve resilience, and prepare logistics professionals to deal more effectively with […]

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FreightWaves Staff Wednesday, October 2, 2013

Farmers keep pressure on for WRDA vote

   The American Farm Bureau Federation on Friday urged Congress to reauthorize the Water Resources Development Act and make more funds available for harbor infrastructure maintenance and upgrades.    “There are no trucks or trains to Asia,” Steve Baccus, chairman of the association’s Trade Advisory Committee, said following a visit to the Port of Oakland, […]

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FreightWaves Staff Wednesday, October 2, 2013

ICAO elects new governing council

   The International Civil Aviation Organization has elected new member states for a three-year term to the organization’s governing council.    Eleven new members were elected to the 36-representative body.      The voting process, divided into three parts, covered states important to air transport in the first phase of voting, and states important to international […]

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Chris Gillis Wednesday, October 2, 2013

FMC reviews 3 OTI license applications

   The U.S. Federal Maritime Commission has received three ocean transportation intermediary license applications and a change for review.    The FMC received a non-vessel-operating common carrier license application from Zhejiang Sunmarr International Transportation Co., City of Industry, Calif. (Ya Liu, deputy general manager); and an ocean freight forwarder license application from Gator Source and Supply Co., […]

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Chris Dupin Wednesday, October 2, 2013

Seaspan exercises option for 5 ships

   Seaspan Corp. said it has exercised options to build five 10,000-TEU containerships at Jiangsu New Yangzi Shipbuilding Co., Ltd. and Jiangsu Yangzi Xinfu Shipbuilding Co., Ltd.    The ships are scheduled for delivery in 2015 and will be constructed using Seaspan’s fuel efficient SAVER design.    Seaspan said it expects to sign long-term time charters […]

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Chris Dupin Wednesday, October 2, 2013

MOL in LNG joint venture with utility

   Japanese ocean carrier MOL announced an agreement with Kansai Electric Power Co. for joint ownership of two new liquefied natural gas (LNG) carriers that will sail under long-term charter contracts signed in June 2012.    Kansai Electric Power will hold a 70 percent share in the Bahamas-based MOL subsidiary that will own the two […]

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Chris Gillis Tuesday, October 1, 2013

Ex-Im Bank supports ag aircraft exports to Brazil

   The U.S. Export-Import Bank will support for a “seven-figure purchase” of two new American agricultural aircraft by Jose Antonio Goncalves Viana, a soybean and corn agribusiness in Brazil.    The buyer is a repeat customer of Air Tractor Inc., a small business manufacturer of specialty aircraft. For this transaction, Ex-Im Bank provided a medium-term […]

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Chris Dupin Tuesday, October 1, 2013

Drewry: Expect more sailing cancellations

   The London-based industry consultancy Drewry predicts that more ocean carriers will cancel sailings instead of withdrawing whole services during the winter and this practice will continue until the P3 alliance of Maersk, Mediterranean Shipping Co., and CMA CGM begins its new services in the second quarter of next year.    “More sailing cancellations are on […]

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