American Shipper

FreightWaves Staff Tuesday, June 5, 2012

NYK/Hapag amend LA-Mexico-C.America loop

   The rotation of an NYK and Hapag-Lloyd service connecting Los Angeles to ports in Mexico and Central America will be amended this week, the German line said in a notice.    The service, which Hapag-Lloyd calls CCE, will have a rotation of Manzanillo (Mexico), Puerto Quetzal, Acajutla, Puerto Caldera, Corinto, Puerto Quetzal, Manzanillo (Mexico), […]

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FreightWaves Staff Tuesday, June 5, 2012

Maersk raises Brazil-to-Americas rates

   Maersk Line said this week it’s raising rates from Brazilian ports to destinations in the United States, Central America and the Caribbean.    The increases are: From Brazil to Canada, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Peru, Trinidad and Tobago, Venezuela, and Cuba, $300 per 20-foot […]

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FreightWaves Staff Tuesday, June 5, 2012

NVOs bear higher rate hikes on TP

   Non-vessel-operating common carriers have borne a higher degree of ocean freight rate hikes in the past month than beneficial cargo owners (BCOs) who booked directly with ocean carriers, according to research from American Shipper.    According to the results of American Shipper’s latest Transpacific Pulse survey, released Monday, 76 percent of the shippers who […]

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FreightWaves Staff Tuesday, June 5, 2012

Roadrunner buys trucker

   Roadrunner Transportation Systems said Monday it had acquired the outstanding capital stock of CTW Transport, a truckload carrier based in Massachusetts and focused primarily on refrigerated food products, for about $7.5 million plus an earnout, a payment based on CTW’s performance after the acquisition.    CTW’s former owner will remain in place.    The […]

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FreightWaves Staff Monday, June 4, 2012

FMC’s Crook moving to White House

   Lowry Crook, counsel and chief of staff for Federal Maritime Commission Chairman Richard Lidinsky Jr., has departed the agency for a new job at the White House.    Crook left his job at the FMC on Friday to become deputy chief of staff for the Council on Environmental Quality, which coordinates federal environmental efforts and […]

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FreightWaves Staff Monday, June 4, 2012

TP Pulse: East Coast port strike potential worries shippers

   There’s a growing unease among eastbound transpacific shippers that simmering tensions between U.S. East Coast longshoremen and their employers could affect their supply chains.    Unionized dockworkers are in contentious negotiations with the representative organization for East Coast terminal operators and carriers as they try to hammer out a new contract before the current […]

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FreightWaves Staff Monday, June 4, 2012

Delaware port looks at public-private partnership

   The Port of Wilmington in Delaware is reviewing proposals for public-private partnership to expand the port.    Gene Bailey, executive director of Diamond State Port Corp. (DSPC), the state entity that owns and operates the port, said it’s seeking investors who can help the port expand its facilities on the Delaware River.    The port is […]

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FreightWaves Staff Monday, June 4, 2012

Leading Edge buys Miami NVO

   Leading Edge Logistics (LEL), a third-party logistics company, has acquired non-vessel-operating common carrier Horizon International Shipping of Miami and San Juan, Puerto Rico.    The NVO will join LEL’s Puerto Rico division LEL Caribe. This is the company’s second acquisition of the year (LEL bought C&F Logistics of San Juan in March). The company […]

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FreightWaves Staff Monday, June 4, 2012

O&S Trucking tries for bankruptcy, partnership

   Springfield, Mo.-based O&S Trucking has filed for Chapter 11 bankruptcy protection according to local reports, but in its reorganizing the company is seeking to partner with Prime Inc., a refrigerated, flatbed, and tanker carrier company serving North America, also based in Springfield.    Chapter 11 allows the company to restructure under the court’s guidance, […]

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FreightWaves Staff Friday, June 1, 2012

U.S. determines CV duties for Chinese wind towers

   The U.S. Commerce Department has preliminarily determined that Chinese manufacturers of utility-scale wind turbine towers receive government subsidies ranging from 13.74 percent to 26 percent, and will move forward with assessing countervailing duties on these imports.    As a result of the preliminary affirmative determination, Commerce will instruct Customs and Border Protection to collect […]

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FreightWaves Staff Friday, June 1, 2012

U.S. ag exports in 3Q to hit $134.5 billion

   The U.S. Department of Agriculture said the country’s agricultural exports in the third quarter of fiscal 2012 will reach $134.5 billion, the second-highest level on record and $3.5 billion greater than the previous forecast.    “Since 2009, USDA has aggressively worked to expand export opportunities and reduce barriers to trade, helping to push agricultural […]

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