American Shipper

Chris Dupin Tuesday, February 12, 2013

Philadelphia port sees 10% rise in cargo

   The Port of Philadelphia said it handled 4,418,674 metric tons of cargo last year, 10.4 percent more than in 2011.    “While the national and world economy still challenges our efforts in many ways, our most recent annual cargo statistics again demonstrate that the Port of Philadelphia is on the right track,” said James […]

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FreightWaves Staff Tuesday, February 12, 2013

SDV opens Colombia office

   SDV has opened a new South American office in Colombia, adding the location to its current holdings in Argentina, Brazil, Chile and Uruguay.    Officials cited Colombia’s GDP growth and economic reforms as reasons to expand into the country. Oil and gas, as well as mining, are big industries in Colombia; those are two […]

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FreightWaves Staff Tuesday, February 12, 2013

Australia predicts air, road employment growth

   Australia is set to gain 42,000 jobs from the transport industry over the next five years, bringing the total transportation workforce to more than 622,000 workers.    But according to a report by the government’s Department of Education, Employment and Workplace Relations, most of these gains will be experienced in just two arenas.    […]

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Chris Gillis Tuesday, February 12, 2013

WTS in Houston aims at offshore market

   Wilhelmsen Technical Solutions (WTS) has set up a new office in Houston in response to increased client demand for its newbuilding and aftermarket products and services.    WTS is targeting increased business from the local offshore industry in the Gulf of Mexico and an expanded focus on Brazil, where deep-water offshore production is entering […]

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Chris Gillis Tuesday, February 12, 2013

Ex-Im Bank, ICICI Bank ink MOU

   The U.S. Export-Import Bank and ICICI Bank of India entered a memorandum of understanding pledging cooperation on financing projects beneficial to both India and the United States.    Up to $500 million in new transactions could be financed as a result of the initiative.    ICICI Bank is India’s largest private sector bank and […]

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FreightWaves Staff Monday, February 11, 2013

Cargo carriers prepare for Valentine’s Day

   Preparations for Valentine’s Day, the annual onslaught of flower shipments from around the world, have begun.    Saudi Cargo has added four extra freighter flights between Nairobi and Amsterdam this month to meet an increased demand for flower exports. The new flights — a mix of MD11 and B 747-F aircraft — will bring […]

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FreightWaves Staff Monday, February 11, 2013

Illinois men charged in UPS fraud case

   Two  Illinois men have allegedly defrauded UPS of more than $1.2 million in the past two years.    According to the U.S. Justice Department, Mark Gleason, a UPS employee, and Dayton Sloan of D&S Construction have been charged with wire fraud and money laundering.    The Justice Department said Gleason allegedly signed a general maintenance contract with […]

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FreightWaves Staff Monday, February 11, 2013

Commentary: Lines struggle to cut capacity in Asia-Europe

   Feb. 1’s accidental engine space flooding on one of the world’s largest and most expensive to operate container vessels provided an unexpected insight into the commercial difficulties facing owners like Maersk Line due to the imbalance between the global supply of ship capacity and cargo demand.    A spokesman for the line reportedly confirmed […]

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FreightWaves Staff Monday, February 11, 2013

IAG pledges to minimize strike disruptions

   In a brief announcement IAG Cago, the amalgamation of British Airways and Iberia Airways, has said it will implement a contingency plan to minimize the impact of an upcoming Iberia strike on its customers.    Unions for Iberia’s workers announced last week that their strikes will take place Feb. 18-22, March 4-8, and March […]

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Chris Dupin Monday, February 11, 2013

FMC to consider NVO NRAs at meeting

   The U.S. Federal Maritime Commission will consider changes that would allow foreign non-vessel-operating common carriers to use Negotiated Rate Arrangements (NRAs) during a meeting on Wednesday.    In December, the commission directed its staff “to prepare a proposed rule incorporating a foreign NVOCC registration requirement and service requirements in a draft advanced notice of proposed rulemaking.”    […]

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FreightWaves Staff Monday, February 11, 2013

FedEx to test hydrogen tractors at airports

   FedEx in 2014 will begin using 15 electric tow tractors at its air hubs in Oakland, Calif., and Memphis, Tenn., and that have been retrofitted with hydrogen-powered fuel cells subsidized by the U.S. government.     The U.S. Department of Energy awarded Plug Power of Latham, N.Y., $2.5 million to modify ground-service equipment as part of its […]

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