American Shipper

FreightWaves Staff Wednesday, April 17, 2013

Southern Air emerges from Chapter 11

   Less than five months after it declared bankruptcy, charter aircraft operator Southern Air has emerged from bankruptcy as a restructured company.    According to Chief Executive Officer Daniel McHugh, the process has allowed Southern Air to shed debt, improve operations and become financially flexible.    “Today, we are well-positioned both financially and operationally to continue to build […]

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FreightWaves Staff Wednesday, April 17, 2013

K+N opens office in Alabama

   Kuehne + Nagel has opened an office in Mobile, Ala., to focus on aerospace, oil and gas, and marine providers, further cementing the logistics firm’s expansion in the southern United States.    Alabama is home to more than 400 aerospace companies, a strong base for K+N’s “Supply the Sky” program, according to officials. The program, […]

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Chris Gillis Wednesday, April 17, 2013

Great Lakes dry bulk down in March

   U.S.-flag Great Lakes vessels carried 2.2 million tons of dry-bulk cargo in March, a decrease of 7 percent compared to 2012.    However, the fleet’s March float was marginally ahead of the month’s 5-year average, the Lake Carriers’ Association reported.    Iron ore shipments for the fleet rose slightly – 25,000 tons – compared […]

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Chris Gillis Wednesday, April 17, 2013

Schenker acquires Panamanian forwarder

   DB Schenker has acquired 100 percent of the shares of long-term partner Euro-Line Panamericana in Panama.    The German logistics firm will operate the business under Schenker (Panama), S.A. Euro-Line is one of the top freight forwarders for ocean imports in Central America.    The new Schenker subsidiary will have its head office in […]

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FreightWaves Staff Wednesday, April 17, 2013

Cathay sees another tonnage decline in March

   Cathay Pacific Airways experienced a 5.3-percent, year-over-year drop in cargo tonnage last month, but saw an increase in passenger traffic.    Cargo traffic for Cathay and Dragonair finished the month at 136,504 tons with a 66.4 percent load factor, which represents a 1.9-point drop from March 2012. Revenue tonnage declined as well, falling by […]

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FreightWaves Staff Wednesday, April 17, 2013

Parallel Infrastructure to widen focus in 2013

   Communications company Parallel Infrastructure is looking to widen its focus after signing 21 new short-line and regional railroad agreements in the past year.    New development efforts may confront different types of infrastructure and future agreements could focus primarily on the properties of public sector entities.    “We continue to expand our footprint nationwide, […]

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Chris Dupin Wednesday, April 17, 2013

Supreme Court hears arguments in L.A. drayage truck case

   The U.S. Supreme Court heard arguments Tuesday in the American Trucking Associations’ ongoing challenge to the Port of Los Angeles to impose a comprehensive licensing scheme on trucks hauling freight in and out of the port.    A transcript of the argument can be read here.    “We believe it is clear that in 1980 […]

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FreightWaves Staff Wednesday, April 17, 2013

Report: For safety, FAA should plug information gaps

   The Federal Aviation Administration needs to address weaknesses in its aircraft data collection to ensure the continued safety of the U.S. aviation market, according to a recent report by the Government Accountability Office.    More reliable data should be collected about runway overruns at the nation’s airports, airborne losses of separation, annual flight hours […]

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FreightWaves Staff Tuesday, April 16, 2013

USDA, FAA re-up biofuel agreement

   The U.S. Department of Agriculture has extended its agreement to help the Federal Aviation Administration develop aviation biofuels for another five years.    The two agencies initially linked up in October 2010 to look into deriving aviation fuel from green feedstocks like forest and crop residues.    USDA, FAA and other supporting members hope to […]

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Chris Dupin Tuesday, April 16, 2013

APL taking 4 ships out of U.S.-flag service

   APL is planning to take four of its U.S.-flag ships out service – the President Adams, President Jackson, President Polk and President Truman — citing reduced need for transport by the U.S. military and the economic slowdown.    “The market place has been under extreme pressure with the wind down of both Iraq and Afghanistan. In […]

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FreightWaves Staff Tuesday, April 16, 2013

Little cloud uptake yet, according to Australian CIOs

   Information technology is still predominantly conducted outside of the cloud in Australia, according to research by the global analyst firm Ovum.    A recent survey of 63 chief information officers in Australia found that three-quarters of IT activities were provided by in-house IT departments.    “It is always difficult to assess the true rate of […]

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