Maritime

Chris Gillis Tuesday, August 7, 2012

Shelat named WFS’ VP cargo terminals in NA

   Worldwide Flight Services (WFS) has appointed Jay B. Shelat to senior vice president of cargo terminal services in North America.    He will be based in Dallas.    Shelat was formerly vice president of cargo at Jet Airways, a company he joined in 2007. Prior to this, he spent 12 years with American Airlines […]

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Chris Gillis Monday, August 6, 2012

Tosca buys GP’s plastic container division

   Tosca Ltd., a provider of reusable container pooling and logistics services to the food supply chain, has acquired the reusable plastic container division of Georgia-Pacific (GP RPC).    “The acquisition of GP RPC allows Tosca to expand its available services to its customers, including food and beverage processors, produce growers, grocery retailers and foodservice […]

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Chris Dupin Monday, August 6, 2012

TOTE to convert 2 Alaska ships to LNG

   Totem Ocean Trailer Express (TOTE) said it will convert its two “Orca class” trailer ships to run on liquefied natural gas to make them “among the cleanest in the world.”    TOTE says in an article in its company magazine that engineering, design and installation of new engine kits and construction of an LNG […]

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Chris Gillis Monday, August 6, 2012

Ex-Im Bank lifts turbine blade exports to Brazil

   The U.S. Export-Import Bank has authorized a $32.1 million loan guarantee to Wind Power Energia S.A. of Sao Paulo, Brazil, to buy wind turbine blades manufactured by LM Wind Power Blades in Little Rock, Ark.    Ex-Im Bank’s financing, which guarantees a Bank of America loan, will support about 250 U.S. jobs at the […]

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Chris Gillis Monday, August 6, 2012

Martin Bencher opens in SoCal

   Scandinavian freight forwarder Martin Bencher Group has opened an office in Long Beach, Calif.    The office will be managed by Steve Jurica, former operations manager of the firm’s Houston office. Jurica joined the company in 2010 when the Houston office was opened.

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Chris Dupin Friday, August 3, 2012

Horizon reports $46 million loss, but revenue rises

   The Jones Act container carrier Horizon Lines said it had a net loss of $46 million in the second quarter, compared to a loss of $5.4 million in the second quarter of 2011 period.    About $16.1 million of the loss in the most recent quarter was from discontinued operations and $29.9 million from continuing […]

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Chris Dupin Friday, August 3, 2012

CEVA says results reflect ‘difficult quarter’

   CEVA Logistics reported a loss of 72 million euros ($88.5 million) in the second quarter of 2012, compared to a loss of 41 million euros in the same 2011 period.    CEVA said it had revenue of 1.81 billion euros in the second quarter, 5.5 percent more than the 1.71 billion euros in the same 2011 […]

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Chris Dupin Friday, August 3, 2012

Crowley fined $17 million for Puerto Rico price-fixing

   Crowley Liner Services pleaded guilty and was sentenced to pay a $17 million criminal fine for its role in a conspiracy to fix prices in the trade between the U.S. mainland and Puerto Rico, the U.S. Justice Department said.    According to a one-count felony charge filed in the U.S. District Court for the […]

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Chris Dupin Friday, August 3, 2012

Maersk Line, Ltd. completes 3PSC buy

   Maersk Line, Ltd. (MLL) said Thursday it has completed the acquisition of 3PSC, a privately-held company that operates ships for the U.S. Navy.    Based in Cape Canaveral, Fla., 3PSC has contracts to operate six “Pathfinder Class” T-AGS oceanographic ships for the Navy and one vessel currently under construction by VT Halter Marine. It also operates two […]

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Chris Dupin Friday, August 3, 2012

Caterpillar completes 3PL sale to Platinum Equity

   Caterpillar Inc. said it completed the sale of a 65 percent stake in its Caterpillar Logistics Services business to Platinum Equity in a deal valued at about $750 million.    Caterpillar Logistics Services is the third party logistics division of Caterpillar’s subsidiary, Caterpillar Logistics Inc.    Platinum intends to establish the business as a standalone company […]

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Chris Gillis Friday, August 3, 2012

Swissport adds business in Amsterdam

   Swissport International, a provider of ground services to airlines, has secured two additional cargo customers at Amsterdam Schiphol Airport.    Starting this month, Swissport Cargo Services will begin handling freight for Air China’s daily Boeing 747-400 freighters into and out of Amsterdam, and will also handle the trucked freight movements at Schiphol for Turkish […]

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Chris Gillis Friday, August 3, 2012

St. Lawrence Shipoperators picks new chairman

   The St. Lawrence Shipoperators (SLS) board has elected Daniel Bélisle to chairman.    Bélisle, senior vice president of Oceanex, replaces Carole Campeau, who served as SLS chairman in 2006-2008 and 2011-2012.    Since 1979, Bélisle has held various management positions in the marine industry, including associate general manager for CP Ships, vice president of finance […]

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Chris Dupin Friday, August 3, 2012

Panjiva product aimed at maritime

   The information company Panjiva said it has created a new product called Maritime Monitor that it says is designed “to meet the trade analysis and lead generation requirements for the maritime industry.”    The product customizes Automated Manifest Systems data from U.S. Customs and Census data to provide trade intelligence for companies looking to […]

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Chris Gillis Friday, August 3, 2012

Bill introduced to help U.S. cotton shirt makers

   Rep. Charles Rangel, D.-N.Y., on Thursday introduced the Cotton Trust Fund Act (H.R. 6265) in the House, a bill he said is designed to help U.S. cotton shirt manufacturers better compete with imports.    Every day millions of shirts enter the U.S. duty free, while American shirt manufacturers are subject to strict entry quotas […]

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Chris Gillis Friday, August 3, 2012

Segal elected ASTL chairman

   The board of the American Society of Transportation and Logistics (ASTL) has elected Michael Segal as its 2012-2013 chairman.    Segal is director of logistics and operations planning at Sappi Fine Paper North America. In addition, he is responsible for the Cloquet Terminal Railroad, a short-line located in Cloquet, Minn.

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