American Shipper

FreightWaves Staff Wednesday, February 22, 2012

Maersk’s MESA slows, shifts to Cape Town

     The ocean carrier Maersk Line has dropped a port call at Port Elizabeth in favor of a new call at Cape Town and added a seventh vessel to its weekly Middle East/India-South Africa MESA service, increasing round-trip voyage time from 42 days to 49 days.         The revised rotation of MESA is Dubai, […]

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FreightWaves Staff Wednesday, February 22, 2012

LMI expands in U.S. southeast

     Government logistics services provider LMI will establish a southeast region office via its recent acquisiton of Belzon Inc., a government consultancy in Huntsville, Ala.    LMI, which focuses on defense and intelligence, health care, homeland security, energy and environment, and civil government work, said the purchase was finalized, but did not disclose financial terms.    Belzon […]

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FreightWaves Staff Wednesday, February 22, 2012

MSC raises India-Middle East/Europe rates

   The liner carrier Mediterranean Shipping Co. said it plans to raise rates on the trades from the Indian Subcontinent and Middle East to Europe from March 1.    The increases are: $200 per TEU from Indian and Pakistan to Northern Europe. $150 per TEU from Middle East to Europe, including Northern Europe, the Mediterranean, […]

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FreightWaves Staff Wednesday, February 22, 2012

Wisconsin 3PL integrates TMS

     W.I.S. Logistics, a third party logistics (3PL) company in Wisconsin, has signed a deal to use Transite’s JaguarTMS as its transportation management system.    W.I.S. said that support for online LTL rating, carrier selection, shipment tender, bills of lading and tracing were key in its decision.    The 3PL offers a variety of services […]

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FreightWaves Staff Wednesday, February 22, 2012

Drewry opens Shanghai office

   London-based advisory and research company Drewry said Tuesday it has opened a new office in Shanghai.    “Through this new site, Drewry is now better placed to serve key clients, while also using local market knowledge to support international clients,” the company said. “Drewry is no stranger to the Chinese market, having built long-established […]

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FreightWaves Staff Tuesday, February 21, 2012

Expeditors’ 4Q results reflect weak demand

     Expeditors International of Washington reported a profit for the fourth quarter ending Dec. 31 of $92.8 million, 4 percent less than the same 2010 period.    Revenue for the quarter was $1.5 billion, down 5 percent, while net revenue was $476 million, a 5 percent increase.    For the full year, the company […]

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FreightWaves Staff Tuesday, February 21, 2012

MSC raising Black Sea/East Med export rates

     The liner carrier Mediterranean Shipping Co. said it plans to raise rates on a number of trades out of the east Mediterranean and Black Sea from March 1.    The increases are: $50 per container from Egypt, Lebanon, Cyprus, Syria, and Israel to South Africa, Mozambique and West Africa. $100 per container from […]

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FreightWaves Staff Tuesday, February 21, 2012

NY port hits record container volume in 2011

   The Port Authority of New York and New Jersey said it handled a 5.5 million TEUs in 2011 (both loaded and empty), about 4 percent more than in 2010.    The port’s on-dock rail system – known as ExpressRail – also set a new record in 2011, handling 422,144 containers of all sizes, or 12 […]

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FreightWaves Staff Tuesday, February 21, 2012

LaHood’s son caught in Egyptian power struggle

By Eric Kulisch    Senate Budget Committee leaders expressed their concern during a hearing last week about the detention of Sam LaHood and 15 other young Americans by Egyptian authorities because of their work for non-governmental organizations dedicated to fostering and strengthening democratic institutions around the world.    The key witness was Transportation Secretary Ray […]

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FreightWaves Staff Tuesday, February 21, 2012

IBM buys Worklight for mobility strategy

     IBM has entered an agreement to buy Worklight, an Israel-based enterprise mobile applications development firm.    IBM said Worklight will become an “important piece of IBM’s mobility strategy,” and estimates in the Israeli press put the company’s value at about $70 million.    Worklight builds HTML5 apps plus the middleware and security features to support them, […]

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FreightWaves Staff Tuesday, February 21, 2012

TNT reports $230 million 4Q loss

Days after it rejected an acquisition bid from UPS, the Dutch document and package carrier TNT Express said it had a loss of 174 million euros ($230 million) in the fourth quarter of 2011, compared to a profit of 4 million euros in the same 2010 period.

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FreightWaves Staff Tuesday, February 21, 2012

Foss ship resumes voyage after repairs

     Delta Mariner, the ship that slammed into a bridge across a reservoir on the Tennessee River last month, has resumed its voyage to Port Canaveral.    United Launch Alliance, the joint venture between Boeing and Lockheed Martin that charters the ship from Foss Maritime to move rocket components from its manufacturing location in Decatur, […]

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FreightWaves Staff Tuesday, February 21, 2012

Dachser names Diaz U.S. air cargo head

     Dachser Transport of America (Dachser USA) has appointed Mickey Diaz as director of U.S. air freight.    “This new position will better serve our customers, as Mickey is great asset for our shippers to meet the demands of logistics challenges faced in the U.S. market,” said Frank Guenzerodt, president and chief executive officer […]

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FreightWaves Staff Tuesday, February 21, 2012

AirNet sharpens charter activities

     AirNet Systems, an express air cargo airline based in Ohio, has changed its name to AirNet Cargo Charter Services alongside launching new services around chartered cargo.    The company said its goal is to enhance its express cargo charter airline operations in North America.    “This rebranding sharpens our focus around key market segments that require the […]

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FreightWaves Staff Tuesday, February 21, 2012

Hyundai gets biggest containership

     The liner carrier Hyundai Merchant Marine has received the largest containership in its history, the first of five vessels larger than 13,000 TEUs.    The Hyundai Together is 13,100 TEUs and will be deployed in the Asia-Europe. The ship is also the largest vessel operated by any members of the newly formed G6 […]

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FreightWaves Staff Tuesday, February 21, 2012

Safmarine receives vessel for Africa trade

     The shipping line Safmarine said Tuesday it has received the first of three new Safmarine-branded WAFMAX vessels to join the fleet of its parent company A.P. Moller-Maersk this year.    The 4,500-TEU Safmarine Chilka has been built for the African trades and will be deployed on the Far East-Africa trade.    Safmarine said […]

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FreightWaves Staff Monday, February 20, 2012

A tale of two waterways

   Remarks by Mike Toohey, president and chief executive officer of the Waterways Council Inc. (WCI), when the proposed 2013 Obama budget for the U.S. Army Corps of Engineers was released gave us pause.    Toohey focused his remarks on the Olmsted Lock and Dam on the Ohio River, which WCI spokesperson Debra Colbert told […]

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