American Shipper

FreightWaves Staff Friday, January 13, 2012

Air Canada ends lab monkey transport

   Air Canada said it will stop transporting monkeys destined to laboratories.     The airline filed an amended tariff with the Canadian Transportation Agency (CTA) that would enable it to discontinue the transportation of primates bound for research. CTA announced this week that it was suspending Air Canada’s amended tariff pending a hearing on this proposed new […]

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FreightWaves Staff Friday, January 13, 2012

New Penn develops service alert

     New Penn, a Pennsylvania-based less-than-truckload carrier, has launched a service alert process that will inform its shippers about situations that could impact their supply chains.    Aimed largely at addressing the seasonal effects of winter weather, the new email-based alert and its corresponding Web page will provide detailed information about weather, natural disasters, and other […]

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FreightWaves Staff Friday, January 13, 2012

ILWU plans to walk ‘narrow path’ in EGT protest

     The International Longshore and Warehouse Union is preparing for a protest this month when the first ship is expected to call at the EGT grain terminal in Longview, Wash.    The union said its members should get jobs at the new EGT terminal and are upset the operator has switched work to a subcontractor that has signed […]

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FreightWaves Staff Friday, January 13, 2012

PSA volume up 5.6% in 2011

     The Singapore-based global terminal operator PSA International said container throughput at the terminals it manages grew 5.6 percent year-on-year in 2011, to 57.1 million TEUs.    The growth was spearheaded by 6.1 percent growth at the company’s flagship port in Singapore, where volume grew to a record 29.4 million TEUs. Volume at terminals […]

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FreightWaves Staff Friday, January 13, 2012

Coyote Logistics to hire 400

   Chicago-based Coyote Logistics said it will add 400 jobs in 2012, focused on sales, operations, and technology.    The company used a visit from Chicago Mayor Rahm Emanuel to announce the hiring plans.    The Chicago Sun-Times also reported that “Emanuel and company founder and CEO Jeff Silver announced that 71 Coyote employees have […]

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FreightWaves Staff Friday, January 13, 2012

PAR completes logistics unit sale

     PAR Technology Corp. has completed the asset sale of its PAR Logistics Management Systems (PAR LMS) to ORBCOMM, a New Jersey-based global satellite data communications company.    The total selling price is valued at about $6 million in cash and ORBCOMM common stock with a potential additional earn-out of $4 million.    The two companies first […]

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FreightWaves Staff Friday, January 13, 2012

Arigo, Tompkins International partner

   Arigo, a Massachusetts-based provider of trade management technology, and Tompkins International, a supply chain consulting and implementation firm, have formed a partnership to provide a unified global trade management (GTM) application.    “True global trade management, today, requires new operation strategies and a full integration of organizations, processes, and technologies throughout the end-to-end supply […]

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FreightWaves Staff Thursday, January 12, 2012

Big boxship casualty would test industry

     While a great deal of attention has been focused this past week on the splitting of the containership Rena and the sinking of its stern section three months after it first went aground off Tauranga, New Zealand, an industry attorney warned that a serious incident involving a large containership “may well result in […]

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FreightWaves Staff Thursday, January 12, 2012

China supports overseas logistics investment

   Chinese logistics companies are being encouraged to expand overseas, according to a report published Wednesday by the China Daily newspaper.    At a logistics conference held in Beijing earlier this week, Ministry of Commerce officials reportedly encouraged Chinese firms to acquire overseas distribution centers to aid in trade growth.    The article cited last month’s acquisition of the container […]

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FreightWaves Staff Thursday, January 12, 2012

eBay improves Singapore service

     eBay has launched a new shipping service in collaboration with Singapore Post (SingPost) and the U. S. Postal Service in the hopes to improve both delivery and tracking of lightweight goods moving between the United States and Singapore.    The service, named ePac, is eBay’s first postal service partnership in Southeast Asia and its […]

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FreightWaves Staff Thursday, January 12, 2012

Horizon completes debt-for-equity conversion

     The Jones Act container shipping company Horizon Lines said Wednesday it has completed the mandatory debt-to-equity conversion of about $49.7 million of the company’s 6 percent Series B mandatorily convertible senior secured notes.    The mandatory conversion reduces debt, lowers annualized interest payments, and is expected to increase the value of the company’s shares outstanding. […]

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FreightWaves Staff Thursday, January 12, 2012

Gold Star joins MCC intra-Asia loop

   The liner carrier Gold Star has joined an MCC Transport intra-Asia service linking South Korea and Southeast Asia, according to American Shipper affiliate ComPair Data.    The service, IA5, has a rotation of Tanjung Pelepas, Laem Chabang, Ho Chi Minh, Hong Kong, Yantian, Kaohsiung, Shanghai, Busan, Vostochniy, Xiamen, Manila, and Tanjung Pelepas. It’s operated […]

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FreightWaves Staff Thursday, January 12, 2012

U.S. containerized imports up 1% in 2011

   U.S. containerized import volume rose 1.5 percent year-on-year in December, according to trade intelligence firm Zepol Corp, with total inbound volume increasing just less than 1 percent for 2011 compared to 2010.    U.S. imports from China declined in 2011 by 0.8 percent, while imports from South Korea rose by 5.3 percent. Total 2011 […]

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FreightWaves Staff Thursday, January 12, 2012

Korean carrier fined for pollution

   The Korean firm Keoje Marine Co. Ltd. and two engineers from the vessel Keoje Tiger pleaded guilty yesterday in federal court in Honolulu to environmental crimes violations.    Keoje Marine was sentenced to pay a $1.15 million criminal penalty, $250,000 of which will go to the National Fish and Wildlife Foundation as a community service payment […]

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