American Shipper

   Unions are backing President Obama in the November election.    The AFL-CIO’s Transportation Trades Department put out the following statement regarding Republican candidate Mitt Romney’s selection of Rep. Paul Ryan, a deficit hawk who has proposed drastic cuts to government spending to deal with the nation’s debt problem, as his vice presidential running mate: […]

   Global supply chain and retail technology provider RedPrairie has acquired Toronto-based Vortex Connect, a leader in best-of-breed mobile workforce management solutions focused on real-time business-to-employee communications and operations.    RedPrairie said it will combine its existing Enterprise Workforce Management with the newly acquired Vortex mobility platform to create a single source of mobile-enabled solutions […]

   FORTE, a design-build company for supply chain distribution, has hired Larry Boroff to be its director of automation systems engineering.    In this position, Boroff is responsible for leading FORTE’s automation implementation projects, as well as overseeing technical support for the company’s consulting practice.    Boroff joins FORTE from Amazon Fulfillment Services where he served as the […]

The first half loss represents a major swing from the nearly $42 million in profits the carrier secured in the same period in 2011. But the second quarter profit is 18 percent higher than that in second quarter of 2011.

BDP revealed earlier this year that it was speaking to private equity investors to help it grow and diversify capital sources, but decided after a seven month review that the Bolte family will retain full control of the company.

   The commander of Egypt’s navy has retired from his post to take up the top spot at the Suez Canal Authority, news outlets in the country reported this week.       Mohab Mamish, head of the navy since 2007, made the move on the order of new President Mohamed Morsy. Mamish takes over from […]

   Agility, the Kuwait-based logistics company provider, said it had a profit of 7.8 million Kuwait dinar ($27.6 million) in the second quarter 2012, about equal to what it earned in the same period in 2011.    Revenue in the quarter was 348.8 million dinar, 6 percent more than the 330.6 dinar recorded in the […]

   CEVA Logistics on Monday said it has expanded the ancillary services to its less-than-containerload (LCL) ocean freight network in the U.S. Midwest.    CEVA augmented its LCL services in the U.S. Midwest by bringing all inbound consolidation containers into its own container freight station in Elk Grove Village, Ill., with onward distribution within the […]

   Germany’s Hamburger Abendblatt newspaper reported that Erck Rickmers will step down from his job in the Hamburg parliament at the end of August to focus his attention on the shipping business.    He is chairman and founder of the shipping investment company Nordcapital and founder of the shipping company ER Schiffahrt.    Rickmers told […]

   The container carrier Maersk Line had $306 million in operating losses in the first half of 2012 but turned a $265 million operating profit in the second quarter after losing $571 million in the first quarter of 2012, parent company A.P. Moller-Maersk said Tuesday.    The container line had first half profits of $402 […]

   Shipments of coal on the Great Lakes totaled 2.7 million tons in July, a slight increase – 63,000 tons – compared to June, but a drop of 12.4 percent compared to a year ago, according to the Lake Carriers’ Association.      Loadings fell 30.5 percent more when compared to the month’s five-year average, the […]

   Seattle-based Jensen Maritime Consultants, a Crowley Maritime Corp. company, has expanded its presence to the U.S. Gulf with the opening of a third office in New Orleans.    The new location places Jensen in close proximity to many of its customers and shipyards in the Gulf region, as well as to Crowley’s Houston-based project […]

The FAA alleges that between Aug. 2 and Aug. 12, 2010, FedEx employees in numerous locations around the country improperly accepted several dozen shipments containing hazardous materials for air transport.

   The U.S. Commerce Department has approved a new foreign trade zone (FTZ) in Miami-Dade County at PortMiami.    “The new Foreign Trade Zone in Miami will provide Florida businesses with new opportunities as they seek to export their products around the world,” said Commerce Assistant Secretary for Import Administration Paul Piquado, in a statement. […]

   The U.S.-based Coalition for Sugar Reform pointed to a 12 percent increase in world sugar prices from June to July as another reason for Congress to reform the U.S. sugar trade program this year.    The United Nations Food and Agriculture Organization’s Food Price Index, released last week, reported a global increase of 6 […]

   Verizon is enhancing its Field Force Manager and Fleet Control to help companies achieve greater returns when managing mobile workforces and their fleets out on the streets.    The company’s services now combine location management, cloud services, and tablet-optimized solutions for fleet operations. The additions include a new version of Verizon’s Field Force Manager, […]

The companies have targeted an equity amount of $890 million, with Goodman putting in 55 percent and CPPIB at 45 percent. GNAP’s investment strategy will focus on logistics and industrial property in North America.

The private equity firm agreed to purchase 4.4 million common shares of Navigator Holdings Ltd. from the bankrupt Lehman Brothers Inc. (LBI) for $110 million, more than doubling its holdings in the gas tanker company.

Philippines-based ICTSI said its first revenue increased 8 percent to $345 million. Volume through its global network of niche container terminals increased 9 percent year-on-year to nearly 2.7 million TEUs.

   The International Transport Workers’ Federation said Monday that privatization plans have been temporarily put on hold at Puerto Quetzal, Guatemala’s largest Pacific port.    ITF, which is an international federation of transportation unions, said the Guatemala military withdrew from the port as a result of an agreement between the government and the port workers’ […]