American Shipper

FreightWaves Staff Monday, October 3, 2011

Maersk adds East Africa calls on Asia loop

   Maersk Line is adding two calls to a service connecting its Southeast Asia hub of Tanjung Pelepas with southeastern Africa.    The line’s Safari 2 service, which it jointly runs with subsidiary line Safmarine, will add a call at Beira and a second call at Toamasina in mid-October. The revised rotation will be Tanjung […]

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FreightWaves Staff Monday, October 3, 2011

MSC raises U.S. export rates to Asia

   The liner carrier Mediterranean Shipping Co. said Friday it will raise U.S. export rates to the Far East beginning Nov. 1.    The increases are $100 per 20-foot and $200 per 40-foot dry container, port-to-port, and $150 per 20-foot and $250 per 40-foot dry container for intermodal movements.    For reefer cargo, the increases […]

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FreightWaves Staff Monday, October 3, 2011

India worries over SCI’s finances

   India’s shipping ministry is concerned the country’s state-owned shipping line is treading on dangerous financial territory, according to an internal ministry document obtained by the Economic Times of India.    According to the document, the Shipping Corp. of India (SCI) “is on the brink of financial collapse” and its plans to acquire 33 vessels […]

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FreightWaves Staff Monday, October 3, 2011

MOL Logistics pays $1.84 million for fee fixing

   Japanese freight forwarder MOL Logistics (Japan) Co. Ltd. on Friday agreed to plead guilty and pay a $1.84 million criminal fine for its role in a conspiracy to fix certain fees in connection with the provision of forwarding services for air cargo shipments from Japan to the United States, the Justice Department said.    […]

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FreightWaves Staff Monday, October 3, 2011

Capgemini, GT Nexus tie up deal

   The Paris-based consulting and outsourcing company Capgemini has partnered with Oakland-based supply chain software-as-a-service developer GT Nexus, the companies said last week.    The agreement calls on the companies to jointly market what they call “supply chain orchestration.” Essentially, the two companies will collaboratively sell supply chain applications across North America and Europe, enabled […]

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FreightWaves Staff Monday, October 3, 2011

Ex-Im Bank approves $3.4 billion in export financing

   The U.S. Export-Import Bank’s board on Friday, the last day of the federal government’s fiscal year 2011, approved $3.4 billion in financing to support U.S. exports from a wide variety of companies in the aerospace, oil and gas, locomotives, solar-energy and other industries.    The bank estimates that this financing will support more than […]

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FreightWaves Staff Monday, October 3, 2011

U.S. boosts entertainment exports to Latin America

   The U.S. government on Friday signed an Export Trade Certificate of Review for the Latin American Multichannel Advertising Council (LAMAC), which will set the framework for an export joint venture of seven American entertainment firms to boost their exports to Latin America.    “This is an important step toward realizing the tremendous export potential […]

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FreightWaves Staff Monday, October 3, 2011

U.S. announces imported sugar allocations

   The Office of the U.S. Trade Representative on Thursday announced the allocations for the increased fiscal year 2011 in-quota quantity of the tariff-rate quota (TRQ) for imported refined sugar.    TRQs allow countries to export specified quantities of a product to the United States at a relatively low tariff, but subject all imports of […]

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FreightWaves Staff Monday, October 3, 2011

CBP nabs Va. computer counterfeiter

   A Chantilly, Va. woman, Chun-yu Zhao, has received a 60-month prison sentence and heavy financial penalties for masterminding a conspiracy to import counterfeit computer networking equipment, U.S. Customs and Border Protection said over the weekend.    CBP officers intercepted computer networking products that were believed to be counterfeit, with the agency’s National Targeting and […]

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FreightWaves Staff Friday, September 30, 2011

NOL accelerates leadership change

   The NOL Group, parent company of APL and APL Logistics, said Friday it has completed the transition to a new chief executive officer three months early, with Ng Yat Chung taking the helm of the company from Oct. 1.    Ng has served as an NOL executive director since May, when the succession plan […]

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FreightWaves Staff Friday, September 30, 2011

Evergreen switches Asia-Oceania loops

   Evergreen Line has joined an Asia-Oceania service currently operated by Japan’s Big 3 lines, and has left a multi-operator service on the same trade, according to the Taiwan-based line’s forward schedules.    Evergreen will join as a vessel operator a service called AU2 by MOL, ANA2 by NYK Line and NAE by “K” Line. […]

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FreightWaves Staff Friday, September 30, 2011

Hanjin/COSCO suspend 2 transpac loops

   Member lines within the CKYH Alliance are due to suspend two transpacific services over the next quarter, one of the lines confirmed to American Shipper this week.    The two services, the multi-operator CLX service and the CKYH-operated SJX service, will be pulled in October and early December, respectively, a Hanjin Shipping spokesperson said. […]

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FreightWaves Staff Friday, September 30, 2011

FedEx opens Chicago area facility

   FedEx Ground, the small-package ground unit of FedEx Corp., opened a new sorting and delivery station that is the fifth major facility for the company in the Chicago area.    The 214,000-square-foot facility is located in Grayslake, Ill., and joins four others serving the ground shipping needs of Chicagoland. The station will dispatch up […]

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FreightWaves Staff Friday, September 30, 2011

Schipol boosts China connection

  Amsterdam Airport Schiphol in the Netherlands has strengthened its freighter connections with China and Hong Kong, following the start of China Southern Airlines’ twice weekly Boeing 777 all-cargo services to Chongqing.    Chongqing is a hub for computer manufacturing, and is home to plants for nine of the world’s top brands. The area’s fast-growing industry […]

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