American Shipper

FreightWaves Staff Wednesday, December 21, 2011

S.C. Ports Authority suspends Jasper funding

     The South Carolina Ports Authority (SCPA) board voted Tuesday to suspend funding on a proposed new container terminal in Jasper County, S.C., on the north bank of the Savannah River and downstream from the Port of Savannah.    The proposed Jasper Ocean Terminal is a joint project of South Carolina and Georgia, but […]

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FreightWaves Staff Wednesday, December 21, 2011

Counterfeit perfume sends importer to jail

     A Chinese perfume importer on Monday was sentenced in Brooklyn, N.Y., to 12 months in prison for trafficking in counterfeit perfume, the U.S. Justice Department said.    Shaoxiong Zhou, 42, of Shantou, Guangdong, China, was sentenced by U.S. District Judge Sandra L. Townes in the Eastern District of New York. Townes also ordered […]

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FreightWaves Staff Wednesday, December 21, 2011

Iranian shipping ‘front’ companies sanctioned

   The Treasury Department has identified 10 companies and an executive in Malta for their affiliation with the Islamic Republic of Iran Shipping Lines (IRISL) and will now subject them to U.S. sanctions.    The companies connected with IRISL and Irano Hind, a joint venture between IRISL and Shipping Corporation of India, include BIIS Maritime Ltd., ISIM Amin Ltd., ISIM Atr Ltd., ISIM Olive Ltd., […]

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FreightWaves Staff Wednesday, December 21, 2011

Newgistics drops IPO

     Austin, Texas-based Newgistics, a provider of third-party logistics services for retailers, has cancelled plans for its initial public offering (IPO).    In its filing, the company said the reason behind withdrawing its IPO filing was “unfavorable market conditions.” In March, Newgistics had filed for an IPO of up to $86.25 million, while also […]

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FreightWaves Staff Wednesday, December 21, 2011

Hapag-Lloyd adds Baltimore to GMX

     The liner carrier Hapag-Lloyd said Tuesday it will add a call in Baltimore to its transatlantic GMX service from February.    The revised rotation will be Thamesport, Le Havre, Antwerp, Bremerhaven, Baltimore, Veracruz, Altamira, Houston, New Orleans, Charleston, and Thamesport. The service is currently operated with Hapag-Lloyd vessels with an average capacity of […]

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FreightWaves Staff Wednesday, December 21, 2011

CSX on-dock service to start in Virginia

     CSX will commence on-dock rail service at the Port of Virginia’s APM Terminal on Jan. 3, the company said Tuesday.    The Jacksonville, Fla.-based railroad previously offered limited service from the terminal to a small rail yard that required containers to be shuttled back and forth by truck.    In January, the carrier will use the […]

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FreightWaves Staff Wednesday, December 21, 2011

Maritime cyber security report warns threats

     The European Network and Information Security Agency (ENISA) said it has published its first report ever on maritime cyber security challenges and threats.    The report covers key insights, existing initiatives, precautions and recommendations, and a baseline for cyber security.    ENISA said all sectors that deploy information and communication technologies (ICT) are […]

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FreightWaves Staff Wednesday, December 21, 2011

SoCal Clean Trucks Program ending

     Jan. 1 marks the end of the Southern California ports’ four-year effort to make cleaner the drayage trucks that serve container terminals in Los Angeles and Long Beach.    The Port of Los Angeles said Tuesday that effective that day, “every local short-haul or drayage truck calling at the Port of Los Angeles […]

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FreightWaves Staff Wednesday, December 21, 2011

Baltimore sets auto records

   More automobiles crossed the docks at the Port of Baltimore in October than any month in its history, the Maryland Port Administration said.    Terminals at the port handled 43,057 cars compared to the previous record of 42,830 set in October 2010. Baltimore also set a record for export vehicles with 18,592, surpassing October 2008’s mark […]

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FreightWaves Staff Wednesday, December 21, 2011

Reichhold picks Transplace

     Third-party logistics firm Transplace has been picked to handle domestic transportation management activities for Reichhold, a North Carolina-based global composites and coating industry manufacturer.    Under the agreement, Transplace will procure and manage Reichhold’s truckload contracts with carriers and the freight audit and payment activities.    Reichhold said it expects the agreement to reduce […]

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FreightWaves Staff Wednesday, December 21, 2011

Moody’s affirms Hapag-Lloyd ratings

     Moody’s Investors Service said Tuesday it had affirmed its ratings on Hapag-Lloyd, but changed its outlook on the liner to negative from stable.    “The change of outlook on HL’s ratings is primarily driven by the company’s weaker-than-expected performance during the first nine months of 2011 that is likely to translate into credit metrics very […]

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FreightWaves Staff Tuesday, December 20, 2011

Cambridge Systematics promotions

I’m not sure when we do and do-not grab pictures for these. This doesn’t seem like one of those cases but if I’m wrong there are a few within the press release itself:https://www.camsys.com/pressreleases/pr_dec11_KimonJay.htm?utm_source=pressrelease&utm_medium=email&utm_campaign=dec11tdfleadership 

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FreightWaves Staff Tuesday, December 20, 2011

Brownsville overweight truck corridor expanded

   The Texas Transportation Commission last week approved an amendment that will expand the Port of Brownsville’s authority to issue permits for operating overweight trucks on designated highways in the district.    Port officials have had limited authority for a number of years to issue overweight permits to businesses along certain designated routes. The amendment expands the port’s authority, specifically to […]

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