American Shipper

Iron ore shipments on the Great Lakes totaled 5.6 million tons in September, a year-over-year drop of 20.6 percent.

Intellect Technologies will cooperate with Tokema International to give market entry and international sales services to Intellect’s carrier and 3PL customer base.

The third-party logistics provider reached an agreement with major cosmetics retailer Sephora to manage the inbound, warehousing, outbound and reverse logistics processes to its stores throughout Brazil.

Sparrows Point Terminal names VP of development and Kerry Logistics picks Europe managing director, while Troy Container Line appoints team leadership and The Nautical Institute taps COO.

Both companies provide detailed international trade volume data, and executives say the combined company plans to create the most robust global trade information platform worldwide.

The German ocean carrier, which is in midst of an initial public offering on the Frankfurt stock exchange, reiterated its revenue and earnings projections after competitor Maersk Line trimmed profit expectations Friday.

The Netherlands-based parcel carrier has made “substantial progress” toward clearing European regulatory hurdles related to its acquisition by FedEx Corp., according to CEO Tex Gunning.

The express carrier is preparing to move upwards of 317 million shipments between Black Friday, Nov. 27, and Christmas Eve, a 12.4 percent year-over-year increase in seasonal volumes.

The ports of Manzanillo and Lazaro Cardenas reopened over the weekend after being struck by what was at one point reported to be the strongest hurricane ever measured in the Western Hemisphere.

Middle market buyout and growth equity investor Ridgemont Equity Partners will acquire and recapitalize the third-party logistics provider, according to a joint statement from the companies.

India has made “significant changes” to some of its trade and investment policies since Prime Minister Narendra Modi assumed office in May 2014, according to the U.S. International Trade Commission.

The Greenbrier Cos. names chief strategic officer, while Coastal Cargo Co. appoints head of Houston operation.

The extension of the Dec. 31 deadline for implementation of Positive Train Control for an additional three years has been added to a three-week transportation funding measure in the House as Congress scrambles to complete long-term legislation.

The International Brotherhood of Teamsters has promised to support the Independent Pilots Association’s decision and stand with UPS pilots in the strike.

Federal Maritime Commission Chairman Mario Cordero sees the public comment and investigation period as an opportunity to create efficiencies and reduce costs within the ocean liner industry.

The South Atlantic port reported its seventh consecutive month of record container cargo volumes in September, according to the latest figures from the Georgia Ports Authority.

The world’s biggest container line downgraded its profit expectations for 2015 by 27 percent Friday, saying the market won’t recover this year from weaker demand and deteriorating rates.

The French ocean carrier adjusted the frequency of its EURAF5 loop between North Europe, the Mediterranean and West Africa from weekly to fortnightly.

The container line posted a 32 percent dive in Asia-Europe revenues in third quarter 2015, with revenues in the trade down more than 21 percent for the first nine months of the year.

Meanwhile, the Navy tug bringing equipment to locate the wreck of the cargo ship at the bottom of the Atlantic ocean will take longer than expected to arrive at El Faro’s last known position because of bad weather in the area.