American Shipper

FreightWaves Staff Monday, February 13, 2012

NC ports posted volume gains in 2011

   Container volume grew 11.2 percent to 287,467 TEUs at the Port of Wilmington, the North Carolina State Ports Authority said last week.    Bulk and breakbulk tonnage increased 16 percent in Wilmington over 2010 to 1.7 million tons, while in Morehead City those categories recorded a 2 percent increase to 1.9 million tons. Breakbulk cargo […]

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FreightWaves Staff Monday, February 13, 2012

Wood borers found at Detroit airport

   U.S. Customs officers at Detroit Wayne County International Airport discovered wood-boring insects and evidence of their tunnels on 13 occasions in January while inspecting wood pallets and other packing material, the agency said.    Six inspections in late January resulted in the interception of eight live wood-boring insects. Customs said it refused to allow the wood packing material to enter […]

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FreightWaves Staff Monday, February 13, 2012

COSCO boosting Asia-Mideast rates

   COSCO Container Lines said Friday it plans to raise rates on shipments from the Far East to the Middle East, starting March 1.    The increases are $300 per TEU on shipments to the Red Sea, and $500 per TEU on shipments to the Persian Gulf. The increases are applicable to origins in China, Hong […]

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FreightWaves Staff Monday, February 13, 2012

CBP stops large volume of fake perfume in 2011

     U.S. Customs and Border Protection said front-line personnel seized $51 million worth of counterfeit perfume at ports of entry in fiscal year 2011, ended Sept. 30.    Fake perfumes labeled with brand names cost the legitimate manufacturer lost sales and possible reputation if customers associate the inferior product with the company. Counterfeit perfumes also […]

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FreightWaves Staff Monday, February 13, 2012

RedStone acquires Headhaul.com

   Overland Park, Kan.-based RedStone Logistics, which specializes in logistics management services, has acquired privately held Headhaul.com.    Headhaul provides shipment management services via multi-modal, dry van/truckload, refrigerated, flatbed, less-than-truckload (LTL) and over-dimensional shipment operations.    During the next 30 days, Headhaul employees will integrate with the RedStone staff.    As part of the acquisition, RedStone will […]

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FreightWaves Staff Monday, February 13, 2012

Kintetsu buys part of Gati for JV

   Kintetsu World Express, a Japan-based logistics service provider, has acquired a 30 percent stake in Gati Limited, paying roughly $54.25 million.    Gati’s supply chain and 3PL businesses will be turned into a 70:30 joint venture called Gati Kintetsu Express. The venture will combine Gati’s 3PL and distribution in India with Kintetsu’s freight forwarding service and large customer […]

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FreightWaves Staff Monday, February 13, 2012

CTSA lines raise rates in mid-March

   Container shipping lines in the Canada Transpacific Stabilization Agreement said last week they plan to raise rates in mid-March.    The suggested increase, $400 per FEU, is effective from March 15, with other equipment size rates per formula, the organization said.    “These rate increases are interim, and are subject to any additional subsequent […]

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FreightWaves Staff Monday, February 13, 2012

Swiss starts daily Beijing-Zurich service

   Swiss WorldCargo over the weekend started daily direct service between Beijing and Zurich.    The service uses an Airbus 340-400, providing a third direct link to Zurich from China, along with Hong Kong and Shanghai.    “In the past decade, the annual average growth rate of China’s export to Switzerland stood at 19 percent, while […]

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FreightWaves Staff Friday, February 10, 2012

TSA lines seek ‘meaningful recovery’ in spring rates

     Member ocean carriers in the Transpacific Stabilization Agreement said Thursday they will seek cumulative rate increases of $800 to $1,000 per FEU between March 15 and May 1, ahead of annual eastbound transpacific service contract negotiations in spring.    The rate increase guidelines follow what TSA called a “successfully implemented” interim rate increase […]

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FreightWaves Staff Friday, February 10, 2012

Grimaldi adds ship, splits Central Express

     Grimaldi Lines, the roll-on/roll-off and container liner shipping specialist, will add an eighth ship to its North Europe-West Africa Central Express service and dividing its schedule into two four-ship sub-loops.     The previous seven-ship, 35-day roundtip voyage time will improve to 32 days for both of the more streamlined four-ship sub-schedules.    In place […]

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FreightWaves Staff Friday, February 10, 2012

Lines slow Europe-West Africa loop, add Amsterdam

   The ocean carriers Mitsui O.S.K Line, Hapag-Lloyd, and Zim have slowed their weekly six-ship ARN service between North Europe and West Africa, increasing round voyage time from 42 days to 49 days.    The lines have also added a new second port inbound call at Amsterdam.    The ARN will skip one sailing position commencing […]

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FreightWaves Staff Friday, February 10, 2012

Asia-Europe volume rose 3% in 2011

     Asia-to-Europe container volume rose 3.3 percent in 2011, according to figures released this week by Container Trade Statistics, which compiles self-reported volumes from the major lines on trades to and from Europe.    Volume reached 13.9 million TEUs in the year, up from 13.5 million in 2010. That included a 0.8 percent rise […]

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FreightWaves Staff Friday, February 10, 2012

Importer pays $1 million for mislabeling fish

     California-based Seafood Solutions Inc. was sentenced in federal court in Los Angeles Monday to pay $1 million in fines and community service payments for its role in the false labeling of frozen fish fillets, according to the U.S. Justice Department.    The sentence stemmed from the company’s conviction last July for trafficking in […]

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FreightWaves Staff Friday, February 10, 2012

APL-MOL increase capacity on Balboa feeder

   The liner shipping companies APL and MOL have raised capacity on their weekly Balboa to West Coast South America feeder service PAX/ACW by increasing the size of the vessels.    Average ship capacity has increased 50 percent from 1,694 TEUs to 2,521 TEUs.    The port rotation of the PAX/ACW remains Balboa, Buenaventura, Callao, Valparaiso, […]

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