American Shipper

FreightWaves Staff Tuesday, January 15, 2013

Atlas Air looks to profitable 2013

   New York-based Atlas Air Worldwide, a provider of global aviation services, has seen diluted earnings for 2012 top $4.65 per share, a more than 13 percent growth over 2011’s numbers.    Preliminary totals for 2012, as well as an initial look at the company in 2013, were released in anticipation of an investor presentation […]

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Chris Gillis Tuesday, January 15, 2013

NAMA names new chairman

   The North American Millers’ Association (NAMA), a trade group representing the country’s largest flour shippers, said its vice chairman Jim Meyer has become chairman.    The announcement was made as the immediate past chairman, Greg Schlafer, moves to a position in the potato business with ConAgra Foods and departs the milling business.    Meyer was elected […]

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FreightWaves Staff Tuesday, January 15, 2013

CP opens Saskatchewan intermodal facility

   Canadian Pacific railroad on Monday opened a new intermodal facility at Saskatchewan’s Global Transportation Hub (GTH) in Regina.    The 300-acre intermodal yard is adjacent to CP’s mainline between Regina and Moose Jaw.    “The actual concept and development of the GTH began over five years ago and was predicated on CP relocating its […]

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FreightWaves Staff Tuesday, January 15, 2013

OCR use growing in global port operations

   Optical character recognition (OCR) is becoming more widely used in ports around the world to automate operations, according to a report released by the Port Equipment Manufacturers Association (PEMA).    The report, OCR in Ports and Terminals, is the fourth information paper to be published by PEMA, and the third such to be issued […]

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Chris Dupin Tuesday, January 15, 2013

St. Lawrence Seaway sees 4% increase in volume

   Tonnage moving on the St. Lawrence Seaway in the 2012 navigation season totaled 38.9 million tonnes, 4 percent more than the prior year.    Canada’s St. Lawrence Seaway Management Corp. (SLSMC), which manages the seaway in conjunction with the U.S. Saint Lawrence Seaway Development Corp., said demand for low-sulphur coal in Europe led to a […]

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Chris Gillis Tuesday, January 15, 2013

Vigor orders largest floating drydock

   Vigor Industrial has entered an agreement with Daoda Marine Heavy Industry Co. (DDHI) to buy a new floating drydock for $40 million.    At 960 feet long, with an inside width of 186 feet and a lifting capacity of 80,000 long tons, it will be the largest floating drydock in the United States.    […]

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FreightWaves Staff Tuesday, January 15, 2013

Hactl experiences second best year for tonnage

   Hong Kong Air Cargo Terminals Limited — Hong Kong International Airport’s cargo handler — experienced the second best year in its 37-year history in 2012, with officials seeing a 2.1-percent rise in cargo throughput when compared to 2011.    Last year’s total of nearly 2.78 million tons fell 4.2-percent short of the company’s 2010 […]

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Chris Gillis Tuesday, January 15, 2013

Turbine cuts Milwaukee port’s electric costs

   A wind turbine erected last year on the grounds of the Port of Milwaukee’s administration building produces significantly more electric power than the facility uses and the surplus is sold to the grid.    In the first nine months of operation, the wind turbine generated almost 45,000 kilowatt-hours of electricity more than the port […]

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Chris Gillis Monday, January 14, 2013

U.S., Peru tighten stance against illegal timber trade

   At the conclusion of meetings last week in Lima, the United States and Peru agreed on a five-point action plan to support Peru’s forestry sector reform and further the South American country’s implementation of its obligations under the U.S.-Peru Trade Promotion Agreement (PTPA) Annex on Forest Sector Governance.    This plan will deepen the […]

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FreightWaves Staff Monday, January 14, 2013

European Commission blocks UPS-TNT merger

   A case team from the European Commission has informed officials from UPS and TNT Express that it’s rejecting a proposed $6.3 billion merger between the two integrators.     UPS officials have told TNT Express that they see no path toward acquiring the company and will not pursue the transaction without EC approval. The merger, […]

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Chris Dupin Monday, January 14, 2013

Savannah to receive blueberry shipments

   The Georgia Ports Authority said Giumarra International Berry has begun moving fresh blueberries from Chile through the Port of Savannah to better serve Atlanta and other Southeastern markets.    The first shipment of South American blueberries arrived Jan. 8.    “We’re excited to enter this new partnership with Giumarra International Berry, which highlights the […]

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