American Shipper

German conglomerate Dr. August Oetker KG said the deal may take place at the end of the year, subject to regulatory approval.

The European Union’s regulations aimed at curbing airline emissions have been around in a diluted form for many years, but it seems the rules will never rise to their initially intended purpose, according to Jon Ross, an expert on the air cargo industry.

The A.P. Møller-Maersk Group subsidiary has partnered with Norsepower Oy, The Energy Technologies Institute, and Shell Shipping & Maritime to install and test Flettner rotor sails on a Maersk Tankers’ vessel.

The port attributed the 12.4 percent year-over-year decline in February box volumes to the timing of Lunar New Year, but volumes were still higher than the most recent 5-year average for February.

The Singapore-based ocean carrier, now a subsidiary of France’s CMA CGM, will purchase slots on the Japan Express (JPX) service, jointly operated by NYK and OOCL.

The St. Lawrence Seaway Management Corp. (SLSMC) has invested in various upgrades at the Welland Canal, which connects Lake Erie and Lake Ontario.

The new Asia-U.S. East Coast EC2 container service will begin calling the Port of Wilmington, N.C. in May.

The new center will primarily work to provide overseas e-tailers with fast and flexible shipping solutions, integrating inbound freight, inventory and last-mile delivery in a one-stop solution, DHL said.

The Chicago-based logistics company said it will offer truckload, less-than-truckload, intermodal brokerage and transportation management services to shippers through the new office in Guadalajara, Mexico.

Ascent Global Logistics appoints vice president of strategic accounts for Marisol International, while GSC Logistics hires senior manager of sales and business development and OSM Maritime Group name two new board members.

Trump policies and tax code reform seen as removing business impediments

The ocean shipping electronic marketplace has paid an undisclosed sum for Avantida, a cloud-based provider of solutions, to better manage empty containers.

UPS Inc. Chief Executive Officer David Abney’s pay grew another 21 percent for the year after a 35 percent raise in 2015 and a nearly 105 percent increase in 2014, according to the company’s 14A filing with the U.S. Securities and Exchange Commission.

Citing seasonal demand changes, the CMA CGM subsidiary will be temporarily adjusting three services for the next three months.

Encryption reporting is an area that could be going unnoticed in some trade compliance departments, and management must be aware that encryption reporting is required for certain encryption exports, explained Renee Roe, director at BPE Global.

Major container ports in the United States handled an “unusually high” 1.67 million TEUs in January 2017, up 12.5 percent from the previous year, according to the Global Port Tracker report by the National Retail Federation and Hackett Associates.

The bunkering tanker Aris 13 was hijacked by pirates off the coast of Somalia Monday.

The new terminal at the Port of Buenaventura can handled 18,000-TEU containerships.

The U.S. maritime regulator said the group will work to identify burdensome, unnecessary and outdated directives, and recommend how they should be remedied.

The service sails with two 1,100-TEU vessels on a weekly frequency.