American Shipper

FreightWaves Staff Friday, November 4, 2011

Lippitt joins PD Ports from K+N

   U.K.-based PD Ports said Thursday it appointed Geoff Lippitt as business development director.    Lippitt was most recently president of global business development at Kuehne + Nagel. He will also serve on PD Ports’ executive committee team, reporting to chief executive officer David Robinson.

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FreightWaves Staff Friday, November 4, 2011

Lloyds Register cautions against mixing refrigerants

   Lloyd’s Register is warning of the danger of mixing different types of refrigerant gases, saying that it has received reports that “refrigerant gas in refrigeration and air conditioning plants is being recharged or ‘topped up’ with different types of gas.”    The classification society said this mixing of gases may have been a contributing […]

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FreightWaves Staff Friday, November 4, 2011

Transpacific graveyard

   Transpacific services are dropping away by the week as the liner carrier industry girds itself for the traditional winter slack season with some quite untraditional dynamics at work.    According to statistics from American Shipper liner research affiliate ComPair Data, 11 percent of eastbound transpacific capacity has been withdrawn since the start of July. […]

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FreightWaves Staff Friday, November 4, 2011

Rena salvors’ next job: removing containers

   Salvage teams on board the cargo vessel Rena, the containership grounded off the coast of New Zealand, are preparing for the next phase of the salvage operation–removing containers from the vessel.    Maritime New Zealand slvage unit manager Bruce Anderson said a crane barge from Australia, was on scene and would undertake sea trials. […]

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FreightWaves Staff Friday, November 4, 2011

Congress set to limit Jones Act waivers

Landrieu    Legislation aimed at increasing transparency and help limiting Jones Act waivers has now been introduced in both the Senate and House of Representatives.    Sen. Mary L. Landrieu, D-La. and Sen. David Vitter, R-La., this week introduced the American Mariners Job Protection Act, which Landrieu said would “prevent maritime work from going to […]

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FreightWaves Staff Friday, November 4, 2011

Old Dominion appoints Bates VP operations

   Old Dominion Freight Line, based in Thomasville, N.C., has appointed Dave Bates to senior vice president of operations.     Bates has worked at Old Dominion for more than 15 years, most recently serving as the vice president of the central states region. He replaces Greg Gantt, who was recently appointed to executive vice president […]

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FreightWaves Staff Friday, November 4, 2011

Hanjin in $780 million profit fall through Q3

   South Korean container line Hanjin Shipping sustained $143.8 million in operating losses in the third quarter, the company said Friday.    That was a huge swing from the $358.4 million profit the line made in the corresponding period in 2010. Hanjin’s revenue in the third quarter fell 15.7 percent, to $1.7 billion, while container […]

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FreightWaves Staff Friday, November 4, 2011

Sachsenröder leaving DB Schenker Rail

   Karsten Sachsenröder, a member of the management board for European sales at DB Schenker Rail, will be leaving the company at the end of 2011 by mutual agreement, the company said Thursday.    “He will step down from his management responsibilities at DB Schenker Rail, the rail freight division of Deutsche Bahn, at short […]

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FreightWaves Staff Friday, November 4, 2011

GE Capital joins supply chain finance program

   GE Capital will participate in the U.S. Import-Export Bank’s Supply-Chain Finance Guarantee Program, which provides competitively priced working capital financing to suppliers of U.S. exporters, particularly small and medium-sized enterprises.    GE Capital joins Citibank and JP Morgan in participating in the bank’s program. Ex-Im Bank developed the program in response to capital needs […]

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FreightWaves Staff Friday, November 4, 2011

Safmarine forsakes Tangiers

   Safmarine, Belgian subsidiary of A.P. Moller-Maersk Group, will discontinue service to the Mediterranean via joint hub of Tangiers and will replace it instead only with calls at Algeciras and Malaga.    In an advisory to customers, the carrier announced that the change was due to “dissatisfactory service levels” and specifically cited the “combination of […]

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FreightWaves Staff Thursday, November 3, 2011

Roadrunner reports higher 3Q profit

   Trucking and logistics provider Roadrunner Transportation Systems said it had a $7.2 million profit in the third quarter ending Sept. 30 compared to $4.4 million in the same period a year earlier      Revenue was $226.2 million for the third quarter compared to $163.7 million a year earlier.    The company it had $618,000 in […]

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FreightWaves Staff Thursday, November 3, 2011

Demonstrators shut down Port of Oakland

   “Occupy Oakland” protesters forced marine terminals at the Port of Oakland to shut down operations late Wednesday afternoon, the port authority said in a statement. “Maritime area operations will resume when it is safe and secure to do so,” it said.    More than 4,000 marchers showed up at the port’s gates in an […]

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FreightWaves Staff Thursday, November 3, 2011

Descartes acquires InterCommIT

   Descartes Systems Group said Wednesday it has acquired InterCommIT, a Dutch provider of business-to-business integration-as-a-service.    InterCommIT enables electronic data interchange between 800 customers. Descartes said it will be able to add InterCommIT’s services to its logistics platform, while InterCommIT customers will have access to the 35,000 users of Descartes’ system.    “By adding […]

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FreightWaves Staff Thursday, November 3, 2011

Agistix IT counters trade data ‘blindspots’

   Agistix, a Redwood City, Calif.-based transportation systems developer, launched a new application to provide visibility to “counter blindspots” in inbound, third-party and international shipment data that has historically not been captured by the software systems that shippers use to manage their supply chains and transportation operations.    The company said as supply chains continue […]

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