XPO Logistics, Inc., a third-party transportation logistics company, will transfer the listing of its common stock to the New York Stock Exchange (NYSE). The company will retain its XPO stock ticker. It’s expected to start trading this Thursday, June 14, when Bradley Jacobs, chairman and chief executive officer, will ring the opening bell […]
The U.S. Department of Agriculture’s Animal and Plant Health Inspection Service said log exports to China will resume from both South Carolina and Virginia under a six month pilot program. The Virginia Port Authority had announced last month that the exports would be allowed to restart. Concerns about nematodes found in pine log shipments […]
Keypoint Software has integrated DAT CarrierWatch into its transportation management software in hopes of hastening the onboarding process for freight brokers and third-party logistics companies. CarrierWatch helps companies examine carrier safety, authority, and insurance information when considering to hire truckers. The service also monitors this regulatory information, which is publically available, for updates. […]
Richard Wainio, director of the Port of Tampa since 2005, said he will resign in September. “My decision is purely personal based on family considerations and certain future issues,” he said.
The $196 million redevelopment project, scheduled to begin in late 2012, will maximize use of the property at the port’s second largest terminal by allowing APL to handle nearly 58 percent more ship calls.
The board affirmed on Thursday a decision by its executive director not to pursue a possible lease with a new container terminal operator at Blount Island until the port has completed a long-term strategic plan.
The ocean carrier Maersk Line has speeded up its weekly Europe-to-West Africa WAF8 service, decreasing roundtrip voyage time from 28 days to 21 days. Transit times have improved by a few days in both directions, now taking five days from the last hub call out of Algeciras to Nouakchott, Mauritania, and seven days from […]
The domestic container shipping company Horizon Lines said yesterday that it had named Sam A. Woodward as president, chief executive officer, and a director of the company. Woodward, who assumes the job immediately, was a managing director of Bengur Bryan & Co., a Baltimore-based middle market investment bank, where since 2008 he headed the firm’s transportation and […]
An item in Thursday’s AS Daily about Maersk Line ending its Spondylus service between the U.S. East Coast, Central America and west coast South America failed to fully explain that Maersk will continue to serve the ports covered by the suspended service via transshipment in Panama. The line’s TP7, TA1, and TA5 services […]
UPS said Thursday it has appointed Brendan Canavan to president of the Asia-Pacific region, with responsibility for more than 40 countries and territories throughout Asia. Canavan, who has been with UPS for 31 years, replaces Derek Woodward, who has returned to the United States to lead a major strategic project. Woodward led the Asia-Pacific […]
Procter & Gamble is converting its battery-operated forklift fleets at three warehouses to ones powered with hydrogen fuel cells, the consumer products giant announced late last month. Fuel cells combine hydrogen and oxygen to produce electricity without combustion. Latham, N.Y.-based Plug Power, Inc. supplied more than 200 GenDrive fuel cells for electric lift […]
The American Shipping & Logistics Group said this week it has appointed officers to new roles as part of a recent reorganization. ASL manages a group of 12 American companies that includes Fidelio Limited Partnership (FLP), American Roll-On Roll-Off Carrier (ARC) and American Auto Logistics (AAL). Retired Gen. John W. Handy has been […]
The law firm Williams Mullen said Thursday that Horizon Lines attorney Robert S. “Bob” Zuckerman joined the firm as counsel. Zuckerman will practice in the firm’s Virginia Beach, Va., office and join its maritime practice, focusing on transportation matters, including domestic and international shipping, marine terminal operators and containerized shipping trucking services, arbitrations (domestic […]
Encompass Supply Chain Solutions (ESCS), a provider of forward and reverse logistics for electronics and replacement parts, has formed a partnership with ServicePower Technologies PLC, which facilitates outsourced-services and field management, to provide future and after-sale services to manufacturers, retailers, and their field service networks. Under the agreement, ESCS and ServicePower will combine […]
The amendment to the 2012 Farm Bill — the Agriculture Reform, Food, and Jobs Act of 2012 (S. 3240) — under consideration this week in the U.S. Senate, would roll back the sugar program’s most onerous provisions.
Less-than-truckload carrier Old Dominion Freight Line has promoted Ross Parr to vice president of legal affairs, general counsel and secretary. Parr, who joined Old Dominion in August 2011, succeeds former general counsel Joel McCarty. In this role, Parr will oversee all legal matters for Old Dominion and will work closely with the company’s […]
United Airlines’ cargo division at Los Angeles International Airport will consolidate its small package services with those of former Continental. The United Cargo SPD Center at LAX Terminal 7 will permanently close on June 17. Starting June 18, all SPD shipments should be tendered at the United Cargo counter in the United Cargo […]
FedEx SupplyChain, a subsidiary of FedEx Corp. and an integrated logistics provider, has rolled out a suite of visibility and control options along with opening new stocking locations to further support its FedEx Critical Inventory Logistics customers. The company said it added more than 100 new stocking locations to this inventory network with the […]
VistaLogix Global, an international provider of logistics management and technology, has promoted Mike Skinner to the newly created position of president. Skinner was serving as the vice president of technology with responsibilities around strategic development and deployment of technology-based services. In the new role, Skinner will provide direction for VistaLogix Global, and […]
It’s estimated the U.S.-flag Great Lakes vessel fleet loses more than 8,100 tons of cargo for each one-inch reduction in loaded draft, forcing many vessel operators to shrink their carrying loads.
