American Shipper

The South Korean ocean carrier has continued to receive good support from its customers as it restructures its finances.

Shipment volumes in May 2016 grew 1.3 percent compared with the previous month, but expenditures slipped 0.4 percent, and both remained well below 2015 levels, according to the latest Cass Freight Index Report.

The South Korean government needs to do more to help its struggling shipping sector, Gerry Wang, founder and chief executive of containership lessor Seaspan, said in an interview with maritime news outlet Splash.

The line will allow Dachser to provide real-time rates to its shipper customers through CargoSphere’s Rate Mesh network.

Swiss-based third-party logistics provider Kuehne + Nagel has divided its operations into two separate units and shuffled the company’s management structure in Europe.

The ocean freight rate and contract management software provider will allow users to use demurrage and detention data from more than 20 carriers as a carrier selection metric.

The Memphis, Tenn.-based parcel carrier is scheduled to take delivery of the six Boeing 767 freighters in fiscal 2019 and 2020.

The transportation management software provider completed an integration partnership with Thoroughbred Direct Intermodal Services, Inc., a wholly owned subsidiary of Norfolk Southern Railroad.

The national postal carrier’s logistics subsidiary, General Logistics Systems, will pay a total of 71 million euros to acquire ASM Transporte Urgente, Spain’s second largest express parcel network.

While various airports in England experienced year-over-year cargo throughout increases in May, cargo throughput at the Frankfurt Airport in Germany fell 1.3 percent year-over-year.

Container cargo throughput at the Port of Singapore grew 1.6 percent to 2.67 million TEUs compared to May 2015, the first year-over-year growth in over a year.

The online freight exchange has been rebranded to become FreightorGator, offering a new way to compare rates, book and track shipments.

AirBridgeCargo Airlines carried 50,482 tons for the month and 238,154 tons in the first five months of 2016, both 31 percent increases compared with the same 2015 periods, thanks in part to a rapid network expansion.

The international shipping association opened a new office in Singapore, which it will be sharing with staff from the Baltic Exchange and the Institute of Chartered Shipbrokers.

The agricultural export group, which has been a critic of the container weight regulation implementation process, praised South Carolina Ports Authority CEO Jim Newsome for suggesting the use of port scales to obtain verified gross mass.

The Ocean Carrier Equipment Management Association indicated it is close to finalizing a common approach for U.S. port terminals to weigh containers, allowing exporters to meet a new requirement designed to prevent accidents at sea or on wharves.

A U.S. District Court in San Francisco has dismissed all criminal charges against FedEx Corp. stemming from a Department of Justice investigation into its alleged shipment of illegal drugs, the company said in a statement.

A ship worker died Saturday afternoon after losing his balance and falling 50 feet onto a ship, according to a report from local media outlet Click2Houston.com.

During the first quarter of 2016, world trade volumes fell 1.1 percent from the prior quarter and 1 percent from the corresponding quarter in 2015.

The aircraft manufacturer is in advanced talks with AirBridgeCargo Airlines and its Moscow-based parent, Volga-Dnepr Group, to convert a year-old commitment into more than 10 firm orders for 747-8 freighters.