American Shipper

Chris Gillis Friday, September 7, 2012

Hancock Holding names Conrad VP

   Financial services firm Hancock Holding Co. has appointed Deborah Conrad to vice president.    Conrad, who spent most of her 35 years in international banking with the U.S. Export-Import Bank, will provide Hancock’s Whitney Bank and Hancock Bank financial guidance for businesses looking to access federal export finance assistance.    She joined Whitney and […]

Read More »
FreightWaves Staff Friday, September 7, 2012

Tata provides global support for Cargotec

   Tata Communications has been selected to deliver WAN (Wide Area Network) connectivity to more than 150 Cargotec sites in 50 countries across Europe, Asia, the Middle East, Africa, and the Americas.    Tata owns and operates one of the largest subsea fiber optic cable networks which connects to countries representing 99.7% of the world’s GDP.    […]

Read More »
FreightWaves Staff Friday, September 7, 2012

Maersk slows Asia-W Africa loops further

   To skip sailing positions from Asia in October, the ocean carrier Maersk Line has added an additional vessel to two of its three weekly services between Asia and West Africa, increasing roundtrip voyage time by one week on each loop.     The carrier added a 13th vessel to its FEW2 loop, further increasing roundtrip voyage time from […]

Read More »
FreightWaves Staff Friday, September 7, 2012

Astea starts small business cloud services

   Astea International has launched a new cloud-based service tailored to the needs of small and midsized businesses.    Astea’s new ServiceVision platform provides subscription-based cloud services that allow companies to manage their customers, equipment, contracts, and warranties; advanced scheduling; parts and logistics management; work order management; analytics; and mobility services that operate in connected […]

Read More »
FreightWaves Staff Friday, September 7, 2012

Maersk further slows AE9

   After nearly seven months on a 10-week rotation, the ocean carrier Maersk Line has added an 11th vessel to its weekly Asia-Europe loop AE9, further increasing roundtrip voyage time from 70 days to 77 days in order to skip a sailing position from North Europe in September.     Transit times eastbound from Europe to Asia on […]

Read More »
FreightWaves Staff Friday, September 7, 2012

Qualcomm’s Trailer Tracks upgraded

   Qualcomm has released the latest edition of its Trailer Tracks 210 (TT210), which provides information on the location and status of trailers to enhance planning, productivity, and security.    For power, the TT210 device comes with an embedded solar charging system that’s designed to preserve the equipment’s uptime as well as extending battery life.    Currently […]

Read More »
FreightWaves Staff Thursday, September 6, 2012

Descartes’ recent quarter finds record revenues

   Descartes Systems Group has released its latest quarterly report stating it reached record revenue of $30.5 million.    This morning, Descartes announced financial results for its fiscal 2013 second quarter, ended July 31. The company’s quarterly revenues rose 6 percent from the year before, $28.8 million to $30.5 million, and also bested its prior quarter […]

Read More »
Chris Dupin Thursday, September 6, 2012

Kirby to acquire Allied Transportation

   Kirby Corp., the nation’s largest domestic tank barge operator, said it has entered into an agreement to purchase the assets of Allied Transportation Co., a subsidiary of Allied Marine Industries, and two affiliated companies.    Allied is an operator of offshore barges and tugboats participating in the coastal transportation of petrochemicals, as well as […]

Read More »
FreightWaves Staff Thursday, September 6, 2012

Drewry: Leased box fleet continues to expand

   The leased container fleet grew by 10.6 percent in 2011 and is expected to expand another 9.5 percent in 2012, according to Drewry Maritime Research’s latest Container Leasing Industry report.    The report highlights the way container lessors have picked up the slack of financially-strapped container lines in providing new boxes for the ever-increasing global […]

Read More »
FreightWaves Staff Thursday, September 6, 2012

MSC raising bunker fees on transatlantic

   The liner carrier Mediterranean Shipping Co. said Wednesday it will raise bunker fees and some rates on the transatlantic trade from Oct. 1.    The bunker rates to Northern Europe will be: $290 per TEU from the U.S. and Canadian west coast. $265 per TEU from the U.S. and Canadian east coast, and the Caribbean. […]

Read More »
FreightWaves Staff Thursday, September 6, 2012

UPS looks to finalize TNT deal in early 2013

   UPS formally notified the U.S. Securities and Exchange Commission that it is extending the Aug. 31 deadline until Nov. 9 for shareholders of TNT Express to accept its offer to buy their shares and take control of the Dutch express delivery company.    The Atlanta-based company first announced the postponement on Aug. 22.    Earlier […]

Read More »