American Shipper

FreightWaves Staff Friday, December 30, 2011

Maersk upgrades Salalah-Mombasa feeder

     The shipping company Maersk Line has more than doubled the capacity on its Mombasa Express service from its Salalah hub to Mombasa, Kenya, while improving its frequency to around five days from nine days previously.     Subsidiary Safmarine already provides two vessels and Maersk has added three more, increasing the number of ships on the shuttle to five, with […]

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FreightWaves Staff Friday, December 30, 2011

Certain sleeping bags lose GSP favor

   Based on its annual review of the Generalized System of Preferences (GSP), the White House determined only one product – certain non-down sleeping bags – should be removed from eligibility for duty-free treatment in the trade program.    However, a petition to remove GSP duty-free treatment for two types of self-adhesive plastic tape was […]

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FreightWaves Staff Friday, December 30, 2011

AGOA countries remain same

     The White House has determined all 40 sub-Saharan African countries currently eligible for trade preferences and other benefits under the African Growth and Opportunity Act (AGOA) will remain the same and no new countries will be added at this time.     The Obama administration’s determination is based on the annual review of whether the […]

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FreightWaves Staff Thursday, December 29, 2011

Singapore/China JV buys Japan DCs

     Global Logistic Properties (GLP) of Singapore and China Investment Corp. have entered into a joint venture to acquire 15 distribution centers in Japan from LaSalle Investment Management for 122.6 billion yen ($1.6 billion).    The portfolio of 15 properties to be acquired will have a floor area of 770,989 square meters with more than 90 percent located […]

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FreightWaves Staff Thursday, December 29, 2011

PAR sells logistics unit

     PAR Technology is selling its PAR Logistics Management Systems (PAR LMS) subsidiary to ORBCOMM Inc., a N.J.-based global satellite data communications company.    PAR LMS is a service provider focused on monitoring transport assets and cargo in the transportation and distribution industries.    When PAR announced the sale, it said ORBCOMM will pay […]

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FreightWaves Staff Thursday, December 29, 2011

COSCO-China Shipping in Asia-Europe slot swap

     Compatriot liner carriers COSCO Container Lines and China Shipping will start a slot-sharing deal in 2012 that will see China Shipping join three CKYH Alliance services as a slot buyer, COSCO said Wednesday.    In the other direction, COSCO will take space on three services in which China Shipping is the predominant vessel […]

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FreightWaves Staff Thursday, December 29, 2011

PFS expands in China

     Chatham, N.J.-based Preferred Freezer Services (PFS) is expanding in China.    The company in November opened a 25,000-square-meter temperature-controlled warehouse at Lingang Park near Yangshan port in Shanghai. A second facility is scheduled to open in the first quarter of 2012 in Waigaoqiao, while a third facility is under construction in Tianjin.    […]

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FreightWaves Staff Thursday, December 29, 2011

Progress Software names Hicks VP

   Progress Software, an operations software provider, has appointed Henry Hicks to vice president of supply chain.    Hicks will head the marketing and development of Progress Software’s global supply chain practice.    He was formerly vice president of worldwide services in sales and marketing at Lenovo Computers and held management positions at Deloitte, Dell, Frito Lay, and UPS.

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FreightWaves Staff Thursday, December 29, 2011

El Al pays damages in price-fixing suit

     Israeli flag carrier El Al became the 16th airline to settle a class-action suit on behalf of freight forwarders who claim they were harmed by paying inflated prices for transportation because of collusion by carriers on surcharges, the elimination or prevention of discounts and commissions.    El Al agreed to pay $15.8 million to the […]

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FreightWaves Staff Thursday, December 29, 2011

NOL chairman to retire

     The NOL Group, parent company of liner carrier APL, said Thursday that its chairman Cheng Wai Keung will retire from the board after 10 years in the position.    The retirement will happen at NOL’s annual general meeting, scheduled for April 2012. Cheng will be replaced by Kwa Chong Seng, who is to […]

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FreightWaves Staff Thursday, December 29, 2011

GL appoints VP global sales

     Classification society Germanischer Lloyd (GL) has appointed Christian Freiherr von Oldershausen to the newly created position of senior vice president of global sales.    Von Oldershausen’s appointment reflects GL’s goal to further expand its global activities. He will be based in GL’s head office in Hamburg.    He has more than 30 years […]

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FreightWaves Staff Wednesday, December 28, 2011

CHEP starts air freight container pool

   Meanwhile, Jettainer just picked up some extra competition in the ULD management field.    CHEP, a global pallet and container pooling and supply chain services provider, has started a new division aimed at air freight unit load devices (ULDs).    The new unit, CHEP Aerospace Solutions, will become the world’s largest independent network of […]

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