American Shipper

Chris Dupin Friday, July 20, 2012

New Orleans Cold Storage opens new terminal

   New Orleans Cold Storage (NOCS) opened a new 142,000 square-foot terminal in Port of New Orleans on Thursday.    The company, which said it’s the oldest cold storage company in North America, supplies storage to exporters of products such as poultry, beef, and pork.    On hand to dedicate the new $40.3 million facility were […]

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FreightWaves Staff Thursday, July 19, 2012

DHL starts new U.S-Sydney flights

   DHL said Thursday it has started a new twice weekly air freighter service between Cincinnati and Sydney.    “The addition of the twice-weekly U.S.-Australia flight increases capacity and connections on a fast-growing trade lane that is expected to grow 20 percent in 2012,” said Jerry Hsu, chief executive officer for DHL Express Asia Pacific. “It provides […]

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FreightWaves Staff Thursday, July 19, 2012

MOL continues service performance momentum in June

   The liner carrier MOL said Thursday it has improved most of its regional key performance indicator goals in June for North America operations, customer service, and electronic data interchange.    Out of 11 metrics the company is tracking and releasing publicly, it improved or equalled its May performance on nine. The only two categories […]

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FreightWaves Staff Thursday, July 19, 2012

Virginia sees record container volume in June

   The Port of Virginia saw container volume rise 11.2 percent year-on-year in June to 168,430 TEUs, the best month in the history of the port, Virginia Port Authority Executive Director Jerry Bridges said.    Year-to-date, the port has handled 994,727 TEUs, an increase of 5.4 percent over the first half of 2011.    Total […]

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FreightWaves Staff Thursday, July 19, 2012

C.H. Robinson offers temperature control in Rotterdam

   C.H. Robinson Europe has opened a new office in Rotterdam that’s dedicated to providing temperature-controlled logistics services to the region.    The logistics services provider said temperature-controlled transport is one of the fastest growing industry segments in Europe. C.H. Robinson has 34 other offices in Europe.    In its initial operations, the Rotterdam office will take aim at agricultural truckload […]

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Chris Dupin Thursday, July 19, 2012

UP has record profit in second quarter

   Union Pacific said its second quarter ending June 30 was its most profitable ever.     The Class I railroad had a profit of $1 billion, 28 percent more than the $785 million it earned in the same 2011 period.    Revenue for the quarter was $4.9 billion, 7 percent more than the $4.6 billion recorded in […]

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FreightWaves Staff Thursday, July 19, 2012

U.S. knocked by softwood lumber decision

   The Obama administration expressed disappointment in an arbitration tribunal’s decision this week involving a trade dispute over timber harvested in British Columbia.    “Despite this result, we remain concerned that British Columbia provided publicly-owned timber harvested in its interior to softwood lumber producers for prices far below market value,” said Nkenge Harmon, deputy assistant to […]

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FreightWaves Staff Thursday, July 19, 2012

Drought hinders Mississippi River barge traffic

   The drought in the Midwest is one for the record books. In addition to taking a toll on crops, livestock and municipal water supplies, it is constraining freight traffic on inland waterways.    The Mississippi River, a major thoroughfare for grain, coal, petroleum, crushed rock and other commodities, is 17 feet lower today than it […]

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Chris Gillis Thursday, July 19, 2012

Senate committee approves AGOA amendments

   The U.S. Senate Finance Committee on Wednesday passed legislation that makes certain improvements and amendments to the African Growth and Opportunity Act (AGOA), America’s trade preference program for sub-Saharan Africa, and the Central America – Dominican Republic – U.S. Free Trade Agreement (CAFTA-DR).    The move follows an announcement by Congress on June 21 of […]

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Chris Dupin Thursday, July 19, 2012

Werner says second quarter earnings up 11%

   Werner Enterprises had a profit of $30.7 million in the second quarter ending June 30, 11 percent more than in the same 2011 period.    Revenue was up 1 percent to $521 million.    The trucking company attributed the better profit to “a  seasonally improving freight market, operating margin expansion and logistics growth.”

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FreightWaves Staff Thursday, July 19, 2012

Maryland helps truckers go paperless

   Maryland this month will become the second state to issue electronic hauling permits for the trucking industry, and the Maryland State Highway Administration (SHA) said it will begin providing truckers with a way to carry and electronically display these permits during inspections.    State regulations require haulers carry proper permits and attachments to validate their […]

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FreightWaves Staff Thursday, July 19, 2012

Cambridge Systematics expands with hires

   Cambridge Systematics has announced that Monica and John Isbell have joined its Freight Business Line to expand the company’s supply chain and logistics services.    The Isbells have experience serving importers, exporters, port authorities, logistics service providers, and government entities. Their roles will involve strategic analysis of markets and sourcing decisions; monitoring markets to […]

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FreightWaves Staff Wednesday, July 18, 2012

Retail, railroads reflect tepid economy

   Further signs that the U.S. economy could be slowing to a crawl came Monday when the Commerce Department released figures showing that retail sales dipped a half percent in June to $401.5 billion, the third month in a row that sales have fallen.    It is the first time since 2008 that retail sales have […]

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FreightWaves Staff Wednesday, July 18, 2012

CMA CGM redeploys in Asia-Red Sea trade

   The liner carrier CMA CGM said Wednesday it will become a vessel provider on a Hanjin Shipping/China Shipping/Yang Ming Asia-Red Sea service on which it already takes slots.    CMA CGM will provide one ship on the service from July. The service, which has a rotation of Ningbo, Kaohsiung, Skekou, Singapore, Jeddah, Sokhna, Aqaba, […]

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