American Shipper

Saverco NV on Tuesday will enter the final takeover phase of the outstanding shares of Antwerp-based vessel and aircraft operator CMB.

Boston Consulting Group’s “xChange” service is already being tested by a majority of top 20 global ocean container carriers and leasing companies, according to a statement from the company.

Eight of the 19 crew members on board the Fortune Life were rescued as the ship sank in the South China Sea on Friday, and the Philippine Coast Guard continues to search for survivors of the wreck, according to news outlet Splash 24/7.

The manufacturer opened an 11,000-square-meter plant in Jiangyin, China, which will serve Asia, the Middle East and the United States West Coast.

Ocean carriers Maersk Line and CMA CGM issued general rate increases.

Port of Stockton names marketing manager and the Hong Kong Shipowners Association elects officers, while APEC reappoints secretariat executive director and Cargotec names IT VP.

The Federal Motor Carrier Safety Administration says a new rule will allow it to crack down on companies that force drivers to violate safety regulations in order to make on-time deliveries or otherwise avoid compliance costs.

   This time last year anyone involved in America’s container trades was struggling to efficiently move an influx of inbound traffic out the marine terminals and into the country’s commerce.    Some of this congestion could be blamed on the meltdown on the U.S. West Coast due the oft-contentious contract negotiations between the International Longshore […]

   The loss of the cargo ship El Faro and its crew of 33 in Hurricane Joaquin on Oct. 1 is the biggest tragedy for the U.S.-flag merchant marine in decades.    An investigation by the National Transportation Safety Board will likely take 12-18 months to complete and litigation growing out of the sinking is […]

   As we head into the final stretch of the year, domestic air cargo results from the major players are mixed.    While the International Air Transport Association finds that cargo activity is on the rise—the total amount of global air freight carried is up through September, year-over-year, 2.4 percent—it also reported that domestic airlines […]

   Speaking this September during the A.P. Moller-Maersk Group’s Capital Markets Day, Kim Fejfer, chief executive officer of APM Terminals, said his division was “in a strong position in a fundamentally attractive industry,” even though it faces challenging market conditions.    The company has set the goal to become the leading port developer and operator […]

   It’s no secret, containerships are getting bigger. Unfortunately, port and inland transportation infrastructure in the U.S. simply hasn’t kept pace with the progressively larger vessels.    One of the feature stories this month (“The big ship squeeze,” pages 28-30) examines the extent to which consumers may be subsidizing the cost of increasingly large containerships […]

ITF administrator suggests mega-vessels require the public sector to subsidize the container-shipping industry.

   APL is concentrating six U.S.-flag ships into a single transpacific string, called the Eagle Express (EX1), which will focus on trying to attract commercial  shippers needing rapid transits eastbound.    The service has some similarities to the CC3 service that APL formerly operated as part of the G6, but Jesper Stenbak, APL’s head of […]

State’s wine exporters find success, despite an intensively competitive market.

   If policy is the science of crafting beneficial legislation, and politics is the art of winning elections no matter what, then it’s not difficult to see why the two can easily diverge when it comes to the Trans-Pacific Partnership.    In one sense, the case for TPP, the historic trade agreement between 12 Pacific […]

   As the year draws to a close it is time to look forward to the new one. At this point, the trends in place indicate that 2016 will be much like 2015, punctuated by low economic growth and low inflation. Therefore, trade growth is also likely to continue slowing. For the freight movement industry, […]

   On Nov. 4, the Office of the U.S. Trade Representative posted the full text of the Trans-Pacific Partnership Agreement on its website. If ratified by Congress and the 11 other countries it will become the biggest free trade deal ever, encompassing an area responsible for 40 percent of the world’s economic output. There will […]

   We usually try to emphasize trends in supply chain IT in this space, but sometimes it’s fun to just make outright educated guesses.    2015 was a year in which there was significant merger and acquisition activity across the logistics landscape, and it was no different in the software industry. The biggest deal in […]

   Stifel Financial Corp.’s John Larkin is one of the few stock analysts who have not panned XPO’s $3 billion purchase of Con-way.    In an interview, Larkin said that a lot of the negative sentiment about the deal got started by hedge funds who collaborated to take a short position—borrowing and then selling shares […]