American Shipper

FreightWaves Staff Friday, March 16, 2012

MOL releases first performance indicators

   The liner carrier MOL (America) on Thursday released its first set of regional key performance indicators for operations, customer service, and electronic data interchange.    The company said last week it would publish such indicators on a monthly basis.    For February, the line met its goals for each indicator: In-terminal truck turn time […]

Read More »
FreightWaves Staff Friday, March 16, 2012

Build costs rise as Congress debates transport bill

   The cost of construction materials leaped up in February, adding urgency for Congress to pass a surface transportation spending bill and get infrastructure projects started before inflation reduces the government’s buying power, according to transportation advocates.    Prices for many types of construction inputs rose sharply last month, according to the Associated General Contractors of […]

Read More »
FreightWaves Staff Friday, March 16, 2012

CP Rail in fracking sand deal

   Canadian Pacific Railway said it has reached a multi-year agreement with Unimin Corp. of New Canaan, Conn., for the movement of fracking sand from Unimin’s new facility in Tunnel City, Wis., to North Dakota, Texas, Colorado and elsewhere.    CP will become the exclusive railroad at the facility which is slated to open in 2013 […]

Read More »
FreightWaves Staff Friday, March 16, 2012

SF reorganizes FTZ under new rule

   The U.S. Commerce Department has approved the Port of San Francisco’s request to reorganize its Foreign Trade Zone (FTZ) #3 under the Alternative Site Framework (ASF) program, a process that requires less paperwork and modernizes the process for businesses to apply for the zone.    The ASF is part of a new rule that allows […]

Read More »
FreightWaves Staff Friday, March 16, 2012

OHL’s DC expansion targets e-commerce

   Third party logistics services provider OHL has expanded its network with a new 400,000-square-foot facility in Plainfield, Ind., and a 200,000 square-foot expansion in St. Louis to fill orders for on-line retailers.    The company offers warehousing and transportation management services for electronic retailers, including five out of the top 25 so-called e-tailers, said Bob […]

Read More »
FreightWaves Staff Friday, March 16, 2012

LogFire adds warehouse IT for 3PLs

   LogFire, a cloud-based supply chain services provider based in Atlanta, has expanded its existing warehouse management software (WMS) to include a new transload and deconsolidation function for third-party logistics providers.    The LogFire WMS Trans Load and Deconsolidation capabilities will help 3PLs move freight from ocean containers to outbound trailerloads based on destination, purchase […]

Read More »
FreightWaves Staff Thursday, March 15, 2012

CMA CGM raising rates on several trades

     The liner carrier CMA CGM said Thursday it plans to increase rates on a number of trades between March 1 and April 1.    The increases from March 1 are: From India and the Middle East Gulf to East Africa (Mombasa and Dar Es Salam), $250 per TEU. From India and Pakistan to […]

Read More »
FreightWaves Staff Thursday, March 15, 2012

CMA CGM raising rates on several trades

   CMA CGM said this week it plans to raise rates on a number of trades from April.    The proposed increases are: From India and Pakistan to North Europe, Mediterranean, Baltic, Black Sea and North Africa ports, $150 per 20-foot container and $300 per 40-foot container for dry or refrigerated cargo from April 2. […]

Read More »
FreightWaves Staff Thursday, March 15, 2012

Hanjin Logistics opens 3 offices

   Hanjin Logistics said Wednesday it has opened new offices in Tokyo, Xiamen, and Amsterdam.    The Xiamen office is a joint venture with Honesty, a local third-party logistics company, while the Amsterdam office is specifically aimed at enhancing Hanjin’s air freight business.    The company, a sister to liner carrier Hanjin Shipping, has opened 10 […]

Read More »
FreightWaves Staff Thursday, March 15, 2012

International Shipholding sells 2 PCTCs

   International Shipholding Corp. said it has entered an agreement to sell two foreign-flag pure car/truck carriers to Norwegian Car Carriers.    The Mobile, Ala.-based shipping company said the transaction is scheduled to close by the end of the first quarter and will generate proceeds of about $73.9 million. It said proceeds will be used to […]

Read More »
FreightWaves Staff Thursday, March 15, 2012

Purolator International names Routledge VP sales

   Purolator International has appointed Jonathan Routledge to vice president of sales and marketing.    He was previously the company’s district manager for the eastern United States. Routledge, a 25-year industry veteran, will assist with Purolator International’s U.S. expansion. He started his logistics career at DHL Express in the United Kingdom. In 2009, he moved […]

Read More »
FreightWaves Staff Thursday, March 15, 2012

Indian 3PL market set to boom

RNCOS’ 3rd Party Logistics Market in India report says India has seen a continuous improvement to its logistics infrastructure which has had the effect of making 3PL services perceived as a better way to control internal and external processes.

Read More »
FreightWaves Staff Thursday, March 15, 2012

Aramex enters Korean market

   Aramex, a Dubai-based freight logistics services provider, has formalized its entry into the South Korean economy by signing a service partnership agreement with CJ GLS in Seoul.    CJ GLS, set up in 1998, has 74 distribution centers and 25 offices spread across 12 countries in Asia, Europe, and North America.    The companies cited the South […]

Read More »
FreightWaves Staff Thursday, March 15, 2012

Senate passes two-year highway bill

   The U.S. Senate on Tuesday passed a two-year, $109 billion bill reauthorizing Department of Transportation programs for highway infrastructure and safety.    The 74-22 vote in favor of S. 1813, the Moving Ahead for Progress in the 21st Century Act (MAP-21) was a rare display of bipartisanship in a legislative body that has had […]

Read More »
FreightWaves Staff Thursday, March 15, 2012

XPO Logistics increases stock offering

   XPO Logistics said it had increased the size of a secondary public stock offering from 6 million to 8 million shares.    It hopes to raise $126 million through the sale of shares which have been priced at $15.75.    The Buchanan, Mich.-based company said underwriters have a 30-day option to purchase up to an additional […]

Read More »