American Shipper

FreightWaves Staff Wednesday, September 4, 2013

Drewry’s Outlook for Air and Container Freight Rates

American Shipper Research Director Eric Johnson will host an interactive discussion with Philip Damas and Martin Dixon of Drewry Supply Chain Advisors. The presentation will draw on airfreight pricing data published in its Sea & Air Shipper Insight, container shipping rates published in its Container Freight Rate Insight and the World Container Index. Key discussion points will […]

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FreightWaves Staff Wednesday, September 4, 2013

Maersk vessel stricken by fire

   A fire aboard a Maersk Line container vessel that began Aug. 30 continues to burn, though crews have it mostly contained, the line said in an update Tuesday.    The 6,802-TEU Maersk Kampala was stricken by the fire near the southern entrance of the Suez Canal, with poor weather the evening of Aug. 30 […]

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Chris Gillis Wednesday, September 4, 2013

Ex-Im Bank, Iowa partner to help small exporters

   The U.S. Export-Import Bank entered its first marketing partnership in Iowa to help the Midwest state’s small and midsized companies boost their export sales and jobs.    The City/State Partnership with Iowa Small Business Development Centers (SBDC) gives exporters enhanced access to information about the bank’s resources to exporters in all 99 counties of Iowa, Ex-Im Bank […]

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FreightWaves Staff Wednesday, September 4, 2013

Cost of truck operations dropped in 2012

   In 2012, the cost of operating a truck fell slightly from 2011’s result, finishing the year at an average marginal cost per mile of $1.63, according to the American Transportation Research Institute.    In 2011, per-mile cost averaged $1.71.    In its An Analysis of the Operational Costs of Trucking report update, ATRI wrote […]

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Chris Dupin Wednesday, September 4, 2013

Thurber to receive Connie Award

   The Containerization & Intermodal Institute (CII) will present its 2013 Connie Award to H. Winchester “Win” Thurber III, chairman and chief executive officer of Norton Lilly International, on Dec. 9 at the Newark Club in Newark, N.J.    “Early on, Win Thurber was able to change the shippers’ mindset from breakbulk transport to containerization […]

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FreightWaves Staff Wednesday, September 4, 2013

U.S. trade deficit grows in July

   The U.S. trade deficit increased by $4.6 billion to $39.1 billion in July from the prior month, according to the Department of Commerce.      The change was almost entirely due to trade in goods, primarily lower exports of capital goods and automotive products, which carried a $58.6 billion deficit. The United States ran a surplus […]

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FreightWaves Staff Wednesday, September 4, 2013

Insurance company backs anti-theft system

   The Chubb Group of Insurance Cos. has unveiled a new insurance benefit associated with IRONwatch, a freight tracking device monitored by the National Equipment Register.    Chubb will now pay for the cost of activating IRONwatch if a carrier’s goods are stolen while using the system.    NER staffs a 24-hour call center that […]

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FreightWaves Staff Tuesday, September 3, 2013

CargoSmart to hold advanced filing seminars in Pacific Northwest

   The shipping and logistics solutions provider CargoSmart will host a trio of seminars in September related to pending advanced filing requirements in Canada and Japan.    The seminar series, “Compliance Countdown: Prepare for 2014 Advance Filing Requirements,” is designed to inform freight forwarders and non-vessel operating common carriers about upcoming customs regulations from the […]

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FreightWaves Staff Tuesday, September 3, 2013

Court dismisses ABF labor complaint

   The U.S. Court of Appeals for the Eighth Circuit has dismissed a complaint by ABF against the International Brotherhood of Teamsters for violating the National Master Freight Agreement.    The appeals court simply affirmed the decision of a lower court.    ABF had alleged YRC and various subsidiaries were receiving concessions from the Teamsters that […]

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Chris Dupin Tuesday, September 3, 2013

Hapag-Lloyd to Tango

   Hapag-Lloyd said its Brazil Express Loop 1 (BX1) service is being replaced with a new South America East Coast Service (SEC) that will use slots on the so-called “Tango” service of Hamburg-Süd  and CSAV.    Tango provides weekly direct connections between ports in Brazil and Argentina and ports on the U.S. East Coast. Alianca […]

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