American Shipper

FreightWaves Staff Monday, January 21, 2013

Walmart launches ‘Buy America’ initiative

   Wal-Mart Stores Inc., the nation’s largest merchandise importer, this year will launch a “Made-in-America”-buying campaign designed to increase purchases of goods from domestic suppliers, Bill Simon, the retailer’s president and chief executive officer of U.S. operations, announced last week at the National Retail Federation’s annual convention.    Simon said Walmart and Sam’s Club will buy an additional […]

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Chris Dupin Monday, January 21, 2013

China Shipping expects 2012 profit

   China Shipping Container Lines said it expects to record a net profit attributable to shareholders of the listed company of about 520 million Chinese yuan renminbi ($83.5 million) for 2012, compared to a loss in 2011.    In a filing with the Hong Kong Stock Exchange, China Shipping said “The profit was mainly attributable […]

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FreightWaves Staff Monday, January 21, 2013

Group sells Stansted airport

   Heathrow Airport Holdings Ltd. has sold Stansted Airport, the fourth busiest airport in the United Kingdom, to Manchester Airports Group for 1.5 million pounds.    Manchester Airports Group already operates Manchester, East Midlands and Bournemouth airports. The sale is expected to close in February.     “Stansted Airport and its people have been part of […]

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Chris Dupin Monday, January 21, 2013

Company plans LNG export facility in Lake Charles

   Magnolia LNG is planning to spend $2.2 billion to build a natural gas liquefaction production and export facility at the Port of Lake Charles in Southwest Louisiana.    Construction would create 1,000 jobs, but the plant would employ only 45 people when completed.    Magnolia said it expects to make a final decision to […]

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Chris Dupin Monday, January 21, 2013

APM Terminals will use RFID to prevent yard accidents

   APM Terminals said its operation in Callao, Peru, will use radio frequency identification (RFID) technology to improve safety.    Operators of heavy equipment, such as reach stackers and forklifts, will receive automatic alerts if pedestrians or other personnel are close to the machinery and at risk. APM Terminals noted these terminal workhorse vehicles are known […]

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Chris Dupin Monday, January 21, 2013

Antwerp sees little change in 2012 box volumes

   The Port of Antwerp handled 184.1 million tons of cargo in 2012, a drop of 1.6 percent compared to 2011, when the volume was 187.2 million tons.    Container freight volume in Antwerp was little changed at 8.6 million TEUs, down 0.3 percent.    Roll-on/roll-off freight volumes were up 13 percent to about 4.8 million tons. […]

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Chris Gillis Monday, January 21, 2013

U.S. supports satellite export to Spain

   The U.S. Export-Import Bank has authorized an $87.1 million guarantee of a loan extended by Crédit Agricole and other European lenders to Hispasat Canarias S.L.U., a Hispasat S.A. subsidiary based in Madrid, Spain, that will finance the assembly and purchase of a satellite to be manufactured by Orbital Sciences Corp. of Dulles, Va.    […]

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FreightWaves Staff Monday, January 21, 2013

Global Logistics Network expands

   After adding American Airlines Cargo last week, the Global Logistics Network has kept expanding with the addition of Durban, South Africa-based Barloworld Logistics.    Both new members will be given access to GLN’s network of close to 600 member offices in more than 120 countries.     Access to the network will allow AA Cargo […]

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FreightWaves Staff Friday, January 18, 2013

Fed sees uncertainty throughout the country

   In its latest Beige Book summing up current economic conditions in 12 key regions throughout the United States, the Federal Reserve outlined mixed transportation results in the closing months of 2012.    Four of the districts reported on the transportation outlook of industry firms in their areas, with most of them seeing some positive […]

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Chris Gillis Friday, January 18, 2013

Annual Operation Deep Freeze underway

Ocean Giant    The U.S. Military Sealift Command-chartered containership Ocean Giant departed Port Hueneme, Calif., on Jan. 17 loaded with nearly 7 million pounds of supplies such as frozen and dry food stores, building supplies, vehicles and electronic equipment and parts.    A command-chartered tanker Maersk Peary departed Europe in December with over 6 million […]

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Chris Gillis Friday, January 18, 2013

U.S. finds Vietnamese hangers subsidized

   The U.S. International Trade Commission unanimously determined that imports of steel wire garment hangers from Vietnam are subsidized and sold in the United States at less than fair value.    As a result of the ITC’s affirmative determination, the U.S. Commerce Department will move forward to issue antidumping and countervailing duty orders on imports […]

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FreightWaves Staff Friday, January 18, 2013

OOCL takes delivery of first 2 megaships

   The liner carrier OOCL on Friday took delivery of the first two in a series of 10 13,208-TEUs ships, the largest such vessels in its history, at a ceremony at Samsung Heavy Industries’ shipyard in South Korea.    The carrier will deploy one of the ships, OOCL Brussels, on the G6 Alliance’s Loop 5 service between […]

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Chris Dupin Friday, January 18, 2013

ILA talking again about New York issues

Three days of bargaining on a new contract by the union and its employers wound up on Thursday, with the U.S. Federal Mediation and Conciliation Service Director George H. Cohen saying the two sides had “made progress” in their effort to negotiate a master contract.

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