American Shipper

Chris Gillis Wednesday, November 7, 2012

ECS expands in Italy

ECS Group, a general sales and services agent based in Paris, has acquired three companies in Italy founded by Glauco Martinelli, including Air Transport Consultants Spa (ATC), Airfreight and Data Processing Srl (ADP), and Airline Logistics Srl (AirLog).

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Chris Dupin Wednesday, November 7, 2012

Connaugton, VMA debate Virginia port’s financial health

   A leader of the Virginia Maritime Association and Virginia’s transportation secretary have engaged in a very public debate about the financial health of the Hampton Roads ports.    In an article published over the weekend, the Virginian Pilot newspaper said the exchange of letters between Arthur W. Moye Jr., executive vice president and secretary […]

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Chris Dupin Tuesday, November 6, 2012

Expeditors reports smaller profit

   Expeditors International of Washington said it had a profit attributable to shareholders of $88.5 million for the third quarter of 2012, compared with $106.6 million for the same quarter last year, a decrease of 17 percent.    Net revenue for the third quarter of 2012 was $465 million, 6 percent less than the $494 […]

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Chris Dupin Tuesday, November 6, 2012

Court says Savannah River permit violated law

   The South Carolina Supreme Court has ruled that a state agency violated the law when it negotiated an agreement before issuing a key permit needed to deepen the Savannah River.    The Supreme Court’s decision last Friday comes just one week after Jo-Ellen Darcy, head of the Army Corps of Engineers’ civil works programs, […]

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FreightWaves Staff Tuesday, November 6, 2012

Weak international demand stagnates intermodal

   Intermodal volume rose 3.2 percent in the third quarter, the Intermodal Association of North America (IANA) said Monday.    Volume grew to nearly 3.8 million units year-on-year despite signs of an economic slowdown in the quarter, IANA said.    “Trailer volume dropped 10.7 percent, as shippers continued to move away from 45-foot and 48-foot […]

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FreightWaves Staff Tuesday, November 6, 2012

LB port board approves temporary headquarters

   The Long Beach Board of Harbor Commissioners on Monday voted to purchase an office building in east Long Beach to serve as temporary headquarters for the Port of Long Beach administrative offices.    The port’s administrative staff of about 350 people is expected to move to the building, near Long Beach Airport, sometime next […]

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Chris Gillis Tuesday, November 6, 2012

Cooper named ABP’s new CEO

   Associated British Ports (ABP) has named James Cooper its new chief executive officer, following the retirement of Peter Jones at the end of March 2013.    Prior to this appointment, Cooper served as a non-executive director at ABP. He is currently a director of Infracapital, the European infrastructure fund of M & G Investments, […]

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Chris Gillis Tuesday, November 6, 2012

U.S. Space Industry ‘Deep Dive’ review on line

   The U.S. Commerce Department’s Bureau of Industry and Security Office of Technology Evaluation has initiated a Website to show preliminary results from its ongoing U.S. Space Industry ‘Deep Dive’ assessment.    Started in June 2012, the BIS study is based on a mandatory data collection from over 9,000 companies, universities, non-profits, and U.S. government agencies […]

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Chris Gillis Monday, November 5, 2012

Logistics relief helps Sandy survivors

   The American Logistics Aid Network (ALAN) is supporting Voluntary Organizations Active in Disaster (VOAD) and emergency management agencies across the Mid-Atlantic and northeastern United States in the aftermath of Superstorm Sandy.    ALAN has engaged numerous private industry and logistics services companies to help meet the needs of these disaster relief organizations.    Currently, […]

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FreightWaves Staff Monday, November 5, 2012

C.H. Robinson takes ownership of Phoenix International

   Global logistics provider C.H. Robinson announced Friday it has finalized the acquisition of Chicago-based freight forwarder Phoenix International for $571.5 million in cash and about $63.5 million in newly-issued C.H. Robinson common stock.    Eden Prarie, Minn.-based C.H. Robinson revealed in late September that it had made an offer to buy Phoenix, which is especially strong […]

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