American Shipper

FreightWaves Staff Tuesday, July 16, 2013

INTTRA adds South American consolidator to network

   The ocean shipping and e-commerce portal INTTRA said Tuesday the South American cargo consolidator Craft Multimodal has entered into an agreement to join INTTRA’s non-vessel-operating common carrier network.    Craft offers cargo consolidation for import and export services in Brazil, Argentina, Uruguay and Chile, with 180 routes throughout South America.    Under the agreement, […]

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FreightWaves Staff Tuesday, July 16, 2013

West Africa supersedes Somalia as pirate hotspot

   West Africa has replaced Somalia as the greatest source of pirate activity against commercial vessels, according to the International Maritime Bureau’s latest global piracy report.    Somali piracy attacks have fallen to their lowest levels since 2006.    IMB, part of the International Chamber of Commerce, said it recorded 138 piracy incidents in the […]

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FreightWaves Staff Tuesday, July 16, 2013

J.B.Hunt solid in 2Q

   J.B. Hunt achieved second-quarter net earnings of $87.7 million and a 10-percent, year-over-year revenue increase to $1.38 billion.    Operating income also increased, finishing the quarter up 7 percent to $147 million.    According to reports, these are lower-than-expected results, but shares of J.B. Hunt closed higher yesterday after the news was released.    […]

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FreightWaves Staff Tuesday, July 16, 2013

Norbert Dentressangle to buy Daher Group

   Norbert Dentressangle has acquired Daher Group’s freight forwarding activities, which achieved a revenue of 80 million euros ($105 million) last year, for an undisclosed amount.    The deal, which still needs approval from the French authorities, is expected to close in the third quarter.    With the acquisition, Norbert will now achieve a greater stronghold in […]

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Chris Gillis Tuesday, July 16, 2013

CEVA grows in Virginia

   CEVA Logistics will expand to a new location in Richmond, Va., later this summer.    Located at the Richmond Airport distribution center, the new facility is a multi-use site which will manage the logistics needs of several global brands, with room to expand, the third-party logistics firm said on Tuesday. Additionally, the new facility […]

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FreightWaves Staff Tuesday, July 16, 2013

Washington Notebook: FAA tightens qualifications for co-pilots

   The U.S. Federal Aviation Administration on Wednesday published a new rule designed to increase airline safety by requiring greater qualification standards for co-pilots.    The final rule mandates that first officers for U.S. airlines hold a commercial pilot certificate requiring them to log 1,500 hours of flying time before becoming a co-pilot. Previously, they needed […]

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Chris Gillis Tuesday, July 16, 2013

Shipco offers NY-to-Rio de Janeiro/Itajai LCL services

   Non-vessel-operating common carrier Shipco Transport has started direct less-than containerload services from New York to Rio de Janeiro and Itajai (Navegantes), Brazil, with its WorldWide Alliance partner Allink Transportes Internacionais.    The NVO said the new services will “significantly improve transit times from U.S. North East, Midwest and Pacific Northwest origins feeding into the […]

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Chris Dupin Monday, July 15, 2013

CMA CGM upgrades round-the-world service

   French liner carrier CMA CGM said it will upgrade its round-the-world “Panama Direct” service from fortnightly to a weekly frequency, starting with the departure of CMA CGM Manet from Tilbury on Sept. 18.    The service will call these ports in the following rotation: Tilbury, Rotterdam, Dunkirk, Le Havre, New York, Savannah, Kingston, Cartagena, Papeete, […]

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FreightWaves Staff Monday, July 15, 2013

Silk Way to buy 747-8 freighters

   Silk Way Airlines, an all-cargo carrier based in Azerbaijan, has ordered two Boeing 747-8 freighters with a list price of $704 million, Boeing said Thursday.    Silk currently operates Boeing 747-400 and 767-300 freighters, providing service to Europe, the Middle East and Far East via the Central Asian nation.    The new aircraft offers 16 percent more cargo space […]

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FreightWaves Staff Monday, July 15, 2013

Yusen starts Hong Kong-to-Rotterdam LCL service

   Yusen Logistics, the freight forwarding and logistics subsidiary of the NYK Group, said Monday it has started a new less-than-containerload (LCL) service from Hong Kong to Rotterdam.    The direct service sails from Hong Kong every Sunday and arrives at Rotterdam 26 days later, and is supported by a domestic distribution network service to […]

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FreightWaves Staff Monday, July 15, 2013

First round of transatlantic trade talks concludes

   The first week-long round of talks for U.S.-European Union Transatlantic Trade and Investment Partnership (TTIP) ended Friday in Washington.    “It’s been a very productive week,” said EU Chief Negotiator Ignacio Garcia-Bercero in a statement. “We have been striving already for many months to prepare the ground for an ambitious trade and investment deal that will […]

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