American Shipper

FreightWaves Staff Thursday, May 10, 2012

House panel passes port security bill

   The U.S. House Homeland Security Committee on Wednesday voted to advance a bill that directs the Department of Homeland Security to study and report to Congress on gaps in port security and how to address them.    The “Gauging American Port Security Act” was introduced by Rep. Janice Hahn, D-Calif., who has taken an active […]

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FreightWaves Staff Thursday, May 10, 2012

U.S.-EU ink cooperation pact for trusted traders

   U.S. and European Union customs officials have finalized an agreement to treat qualified shippers in their respective supply chain security programs as equivalent to their own, but a wide range of technical details must still be worked out before low-risk companies can enjoy reduced fees and inspection levels for ocean freight.    Under the agreement signed last […]

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FreightWaves Staff Thursday, May 10, 2012

Horizon projects modest growth in 2012

   Horizon Lines reported a net loss from contiinuing operations for the first quarter ending March 25 of $26.8 million, compared to $20.2 million in the same 2011 period.    Revenue was $263.4 million in the first quarter, compared to $240.7 million recorded in the first quarter of 2011.    Including discontinued operations, such as the transpacific FSX […]

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FreightWaves Staff Thursday, May 10, 2012

Matson benefits from Horizon’s Guam exit

   Matson Navigation Co. saw a near doubling of its business between the U.S. West Coast and Guam in the first quarter of 2012 when compared to 2011 because of the decision by Horizon Lines to withdraw from the market.    The Oakland-based company moved 6,400 containers in the first quarter of 2012, compared to 3,300 […]

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FreightWaves Staff Thursday, May 10, 2012

MOL exec explains pricing variations

   The U.K. managing director for container line MOL laid out the reasons why different shippers receive significant variations in price quotes from different shipping lines.    “Calculating a realistic price for a container movement can be very complex – it depends on how full the ship is, the price of fuel, how fast it […]

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FreightWaves Staff Thursday, May 10, 2012

XPO Logistics reports loss, acquires 3PL

   XPO Logistics said it had a net loss of $2.7 million for the first quarter, compared to a profit of $1.1 million for the same 2011 period.    Total revenue was $44.6 million for the quarter, a 7.4 percent increase from the same period last year.    Bradley Jacobs, XPO’s chairman and chief executive officer, said […]

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FreightWaves Staff Thursday, May 10, 2012

Vicha named NationaLease president

   Oakbrook Terrace, Ill.-based NationaLease has appointed Dean Vicha to president.    Most recently, Vicha served as vice president of national accounts. Earlier, he served as vice president of member services and as a national account executive. Before coming to NationaLease in 2005, Vicha was director of business development for Ryder System, as well as […]

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FreightWaves Staff Wednesday, May 9, 2012

ALAN adds targeted mapping tool

   The American Logistics Aid Network (ALAN) has launched a new capabilities mapping tool that will allow it to geographically target companies with the potential to provide resources during disasters.    The project is funded by grants from The UPS Foundation and the Regional Catastrophic Preparedness Grant Program, Project on Supply Chain Resilience.    The […]

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FreightWaves Staff Wednesday, May 9, 2012

Ryder expands food packaging ability

   Ryder System, a third-party logistics services provider, has expanded its food packaging and distribution capability through enhancements at its facility in Beaver Dam, Wis.    The Beaver Dam Logistics Center (BDLC) serves food manufacturers with frozen and refrigerated requirements.    BDLC was recently expanded with a 15,000-square-foot, temperature-controlled addition Ryder will use to target […]

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FreightWaves Staff Wednesday, May 9, 2012

APL loses $246 million in 1Q

   The liner carrier APL lost $246 million from continuing operations in the first quarter, a massive drop from the $8 million it lost in the corresponding period in 2011, Singapore-based parent company NOL said Wednesday.    APL saw revenue drop 4 percent year-on-year in the first quarter to $2 billion, while container volume increased […]

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FreightWaves Staff Wednesday, May 9, 2012

CKYH to add all-water loop next week

   The CKYH Alliance said Wednesday it will add a transpacific all-water loop from May 18 as part of adjustments to its Asia-U.S. East Coast service network.    It will be the fifth loop on the trade offered by the four carriers, COSCO Container Lines, Hanjin Shipping, Yang Ming, and “K” Line. The lines have […]

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FreightWaves Staff Wednesday, May 9, 2012

Domestic volumes buoy intermodal

   Domestic intermodal volumes continued their upward climb in the first quarter of 2012, according to the latest figures from the Intermodal Association of North America.    Domestic volumes soared 14.9 percent in the quarter, to nearly 1.3 million containers. IANA attributed the rise to market share growth from trucking, “as trucking capacity was tight […]

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FreightWaves Staff Wednesday, May 9, 2012

Maersk/Seago slow Europe/Med loop, add Limassol

   The ocean carrier Maersk Line, along with its intra-Europe affiliate Seago Lines, has added a new port call at Limassol, Cyprus, and a fifth vessel to their weekly “North Sea” service between North Europe and the East Mediterranean.     Roundtrip voyage time on the North Sea has increased from 28 days to 35 days, and transit […]

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FreightWaves Staff Wednesday, May 9, 2012

Evergreen joins Maersk’s WCCA

   The ocean carrier Evergreen Line will begin a slot charter agreement with Maersk Line on the latter’s weekly West Coast North America to Central America service WCCA.     The first sailing will depart Manzanillo, Mexico May 19 on the Helene S.    The full rotation of the WCCA remains Los Angeles, Manzanillo (Mexico), Lazaro […]

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