Shipping

Stay Up to Date on the Cargo Shipping Industry
The outbreak of the COVID-19 pandemic had a negative impact on shipping industry growth in 2020. With the world in lockdown, demand for non-essential consumer goods (and the means to ship them) decreased. Shipment of manufactured goods also decreased as factories closed in an effort to slow the spread of the virus. On top of that, China — one of the world’s largest exporters — was at the center of the pandemic, leading several countries to stop trade with the nation altogether.

According to the United Nations Conference on Trade and Development (UNCTAD), maritime shipping industry growth will likely slow or remain flat in 2023, driven by inflation and the ongoing war in Ukraine. For the overall 2023–2027 period, UNCTAD predicts growth at an annual average rate of 2.1%, slower than the previous 30-year average of 3.3%.

Check back here for the latest container shipping news, updates and trends. Looking for additional information and insights? Check out our Maritime Industry News archives.

Chris Gillis Friday, January 4, 2013

U.S. steel imports up 2% in November

   U.S. steel imports increased in November compared to October by 2 percent, according to preliminary government data analyzed by the American Institute for International Steel (AIIS).    “Steel arrivals continue to limp ahead with demand essentially unchanged when the November imports were ordered,” said AIIS President David Phelps in a statement. “Both NAFTA totals […]

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Chris Gillis Friday, January 4, 2013

Port Everglades promotes Anderton to planning

   David Anderton has been promoted to the newly created position of assistant director of strategic planning and development at Port Everglades.    “David’s diverse experience and background in planning, development, grants writing and administration and state/federal legislative processes make him the ideal choice for this new position as Port Everglades begins to implement its […]

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Chris Gillis Friday, January 4, 2013

TSD names Berry VP business development

   TSD Logistics, a provider of transportation services to the tire and rubber industry, has appointed Ryan Berry to vice president of business development.    Berry will be responsible for the overall management of Texarkana, Texas-based TSD’s sales, including partnerships with new and existing customers. He will also lead TSD’s efforts to implement new services to […]

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Chris Gillis Thursday, January 3, 2013

United Fresh names Wolk VP marketing

   Washington-based fresh produce shipper organization United Fresh has promoted Miriam Wolk to vice president of membership and marketing.    She will lead marketing efforts to drive company participation. She will also continue to direct programs and outreach initiatives that she managed as senior director of membership. Wolk joined United Fresh in July 2008.

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Chris Dupin Thursday, January 3, 2013

Hapag-Lloyd resumes call at Lisbon

   Hapag-Lloyd said its Med Canada Service (MCA) will resume calls at Lisbon.    In October an eastbound call at the Portuguese capital was added to the service’s itinerary. Shortly thereafter calls were suspended due to labor strike actions in Lisbon.    The company said the strike has been called off and eastbound calls at Lisbon will restart with the […]

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Chris Dupin Thursday, January 3, 2013

Baltic Reefer, Seatrade form joint venture

   Baltic Reefer Group Ltd. and the Seatrade group of companies, operators of breakbulk refrigerated vessels, said they had established a new joint venture that will operate under the name of Reefer Alliance.    “This will maintain the parties’ ability to provide competitive and commercially attractive specialized reefer services in response to the competition of the […]

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Chris Dupin Thursday, January 3, 2013

Ship managers fret over weak freight rates

   A survey of ship managers finds that low freight rates and a challenging market are their top concerns as they enter 2013.    The survey from the International Ship Manager’s Association, or InterManager, found half citing freight rates and the market situation as an important issue. Thirty percent cited the availability of professional and competent […]

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Chris Dupin Thursday, January 3, 2013

Martin-Neuville named Geodis Wilson’s COO

   Eric Martin-Neuville has been named the new chief operating officer of Geodis Wilson.    He takes over from Fernando Gea, who’s retiring.    Martin-Neuville joined the Geodis Group in 1985 and, as well as holding the position of managing director in France for many years, spent a considerable time working for the group in Asia-Pacific. […]

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Chris Dupin Thursday, January 3, 2013

Salvors board Shell rig

   A team of five salvage experts boarded the grounded drilling unit Kulluk earlier Wednesday to conduct a structural assessment to be used to finalize salvage plans.    The rig went aground on Sitkalidak Island on New Year’s Eve after towing lines broke during heavy seas. Kulluk    The salvage team was lowered to the […]

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Chris Gillis Thursday, January 3, 2013

Crowley names Yacavone VP petroleum sales

   Crowley Maritime Corp. has appointed Matt Yacavone to vice president of sales and chartering for its petroleum services, effective Jan. 7.    Based in Jacksonville, Fla., he will report to Rob Grune, senior vice president and general manager for petroleum services.    Yacavone will be responsible for the planning and direction of sales and […]

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Chris Gillis Thursday, January 3, 2013

Freeport appoints Strader CFO

   Port Freeport in Texas has appointed Jeff Strader to chief financial officer.    Strader comes from the North Carolina State Ports Authority where he was deputy executive director for finance and administration and CFO.    He follows another former North Carolina port authority executive, Glenn Carlson, who in mid-October became Freeport’s executive director, replacing […]

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Chris Dupin Wednesday, January 2, 2013

Oil rig runs aground off Alaska

Kulluk    A large mobile drill rig ran aground off the coast of Alaska on Monday evening.    Reports from the U.S. Coast Guard on Tuesday said a flyover of the Conical Drill Unit (CDU) Kulluk showed the vessel “remains grounded but stable” near Sitkalidak Island (north edge of Ocean Bay). The flight crew’s aerial inspection found […]

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Chris Gillis Monday, December 31, 2012

U.S. loan to support Australian LNG project

   The U.S. Export-Import Bank will finance a $1.8 billion direct loan to BG Energy Holdings Ltd. to support U.S. exports for a natural gas liquefaction (LNG) project in Queensland, Australia.    This is the bank’s second LNG project in Australia, and it will support an estimated 9,200 American jobs.    Ex-Im Bank’s financing will […]

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Chris Gillis Monday, December 31, 2012

ITC to update U.S. import restraints report

   The U.S. International Trade Commission has begun to update its report on the effects of significant U.S. import restraints.    The report will also examine the contribution of services to U.S. manufacturing, the non-partisan, fact-finding agency said.    The report, The Economic Effects of Significant U.S. Import Restraints: Eighth Update Special Topic: Services’ Contribution to […]

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FreightWaves Staff Friday, December 28, 2012

Maersk slows Asia-South Africa Safari 1 loop

   The ocean carrier Maersk Line has added two extra vessels to its weekly Safari 1 service between Asia and South Africa, increasing roundtrip voyage time on the loop from 56 days to 70 days.    Transit times westbound from China and Maersk’s mega-regional hub in Tanjung Pelepas, Malaysia, to South Africa on the Safari 1 […]

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FreightWaves Staff Thursday, December 27, 2012

Maersk speeds up Asia-ISC CHX again

   After nearly two months on a six-week rotation, ocean carrier Maersk Line has increased the speed of its weekly Asia-to-East Indian CHX service, decreasing roundtrip voyage time from 42 days to 35 days.     Transit times eastbound from India to Maersk’s mega-regional hub in Tanjung Pelepas, Malaysia, on the CHX remain roughly the same, […]

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Chris Gillis Wednesday, December 26, 2012

U.S., Russia agree to IPR action plan

   The United States and Russia have agreed to an Intellectual Property Rights (IPR) Action Plan to improve IPR protection and enforcement.    The IPR Action Plan addresses priority areas including combating IPR infringement over the Internet and strengthening IPR enforcement.     “Agreement on the IPR Action Plan represents a significant step at a historic […]

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Chris Gillis Wednesday, December 26, 2012

Former FMCSA head joins Quality Distribution board

   Quality Distribution has appointed former U.S. Federal Motor Carrier Safety Administration head Annette M. Sandberg to board director.    Sandberg has more than 20 years of public safety and law enforcement experience at federal and state government agencies. She ran the FMCSA from Aug. 1, 2003 to April 1, 2006. She also served as deputy aqdministrator […]

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Chris Dupin Monday, December 24, 2012

NEWSFLASH: Christmas Eve announcement – ILA, USMX agree to meet

   It’s not much of a Christmas present, at least yet, but late Monday afternoon, the director of the U.S. Federal Mediation and Conciliation Service (FMCS) said the International Longshoremen’s Association and the group trying to negotiate a new contract with them, the U.S. Maritime Alliance, have agreed to meet before their current pact expires on […]

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Chris Dupin Friday, December 21, 2012

TSA fighting rate erosion

TSA Executive Administrator Brian M. Conrad said the 15 liner shipping companies that are part of the discussion agreement “cannot afford another year in which expiring contracts and seasonally weak demand erode rate levels.”

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Chris Gillis Friday, December 21, 2012

Kamada heads Econocaribe’s West Coast sales

   Miami-based non-vessel-operating common carrier Econocaribe Consolidators has appointed John Kamada to manager for the U.S. West Coast region.    Based in Los Angeles, Kamada will be responsible for sales and operations in the Pacific region. Prior to joining Econocaribe, he developed full-containerload sales for Ocean World Lines.

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Chris Gillis Friday, December 21, 2012

USDA finalizes livestock tracing rules

   The U.S. Department of Agriculture on Thursday released its final rule establishing general regulations to improve the traceability of livestock moving interstate.    “With the final rule announced today, the United States now has a flexible, effective animal disease traceability system for livestock moving interstate, without undue burdens for ranchers and U.S. livestock businesses,” said […]

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Chris Gillis Friday, December 21, 2012

SDV expands in Norway

   Third party logistics services provider SDV has set up a subsidiary in Norway extending its network to Scandinavia.    “SDV Norway AS is fully integrated into SDV’s global network and offers a complete range of services in international supply chain. The headquarters are located in central Oslo where ocean freight and industrial projects are […]

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Chris Gillis Friday, December 21, 2012

China’s corn output shifts commodity trade patterns

   For the first time in its history, China is expected to produce more corn than rough rice, demonstrating a growing affluence by the Chinese middle class and their demand for an increasingly protein-rich diet, the Washington-based U.S. Grain Council said.    In its December World Agricultural Supply & Demand Estimate, the U.S. Department of Agriculture […]

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Chris Dupin Friday, December 21, 2012

Two-way street?

   Carriers want a single transpacific discussion agreement. The major container shipping companies in the transpacific want to create a single organization in which they can discuss both U.S. exports and imports, rather than having separate discussion agreements for the trade in each direction.

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Chris Gillis Friday, December 21, 2012

Ready for China’s next logistics challenge?

   American shippers may be preoccupied about how the expanded Panama Canal, increasing fuel costs and finding properly trained labor will impact their supply chains in the near future, but they should be careful not to lose sight of where they should focus their energies by the end of this decade.    China is expected […]

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Chris Dupin Friday, December 21, 2012

What’s on TOTE’s horizon?

   TOTE, Inc., parent company of Sea Star Line and Totem Ocean Trailer Express, said last month it will build two 3,100-TEU containerships for the Puerto Rico trade that will be fueled with liquefied natural gas (LNG). It also has options to build three more similar ships for “additional domestic service.”    TOTE emphasized the […]

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Chris Dupin Friday, December 21, 2012

Nurturing a healthy supply chain

Pfizer uses sophisticated IT, fewer 3PLs to deliver products efficiently worldwide. By Chris Dupin    Pfizer makes some of the most important and advanced life-saving drugs in the world and is redesigning its global supply chain and delivery system to achieve agility in an increasingly complex and competitive global market.     The industry’s traditional approach to managing freight […]

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Chris Gillis Friday, December 21, 2012

Commentary: A new leaf for Oakland

   In an effort to put a travel expenses scandal behind it, the Port of Oakland has taken steps to be more transparent.    The scandal led to the departures of Executive Director Omar Benjamin, and James Kwon, maritime director, in November and December, respectively.    The port proclaimed its latest actions demonstrate “a new […]

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Chris Dupin Friday, December 21, 2012

Niche of niches

   Langh develops specialized container for the steel industry. The success of containerization and intermodalism is based on the fact that there are millions of identical shipping containers which can be easily shared by shippers and carriers anywhere and hold a wide variety of cargo.

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Chris Dupin Friday, December 21, 2012

Ups and downs

Weak economy, oversupply of ships, other challenges make 2013 a bumpy year for shippers.    By Chris Dupin       Aweak global economy and continuous deliveries of large new containerships seem likely to make 2013 a challenging year for relationships between liner carriers and their customers.    While many carriers reported a big improvement in earnings […]

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Chris Dupin Friday, December 21, 2012

‘Gingerly handling or stowage’ of cargo

   How much notice should be given to a shipowner when asked to carry hazardous cargo? That issue is discussed in a recent summary order that is part of the litigation growing out of the March 8, 2005 explosion on the Rickmers Genoa. (See: Chem One Ltd. v. M/V Rickmers Genoa. 2nd Circuit. No. 10-4934-cv(L). […]

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Chris Gillis Thursday, December 20, 2012

Oldfield continues as Halifax port chief

   The Halifax Port Authority board has renewed Karen Oldfield’s contract to continue as president and chief executive officer.    Her new five-year contract takes effect Jan. 1.    “Ms. Oldfield and her management team have been instrumental in guiding our port through challenging times, ensuring diversification and significantly enhancing our outreach to new markets […]

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Chris Gillis Thursday, December 20, 2012

Crowley makes additional VP appointments

   Crowley Maritime Corp.’s liner services division has appointed Tony Otero to vice president of Caribbean services.    Otero replaces Matt Jackson, who will take on a new position in Crowley’s petroleum services Jan. 1.    In his new role, Otero will be responsible for sales, marketing and operational shipping activities throughout Crowley’s network in the […]

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Chris Gillis Thursday, December 20, 2012

DOT takes red tape-cutting measures

   The U.S. Transportation Department this week announced six actions to eliminate “out-of-date or duplicative paperwork, saving taxpayer dollars and reducing the workload for businesses across the country.”    DOT’s announcement comes in response to an executive order issued by President Obama in May, which instructed federal agencies to examine all existing rules and requirements […]

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Chris Gillis Thursday, December 20, 2012

Chinese, Vietnamese wind turbine towers dumped on U.S.

   The Commerce Department on Tuesday announced that it determined utility-scale wind turbine towers from China and Vietnam were both dumped on the U.S. market and received government subsidies during their manufacture.    Dumping occurs when an overseas company sells a product in the United States at less than its fair value, while countervailable subsidies are […]

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Chris Gillis Thursday, December 20, 2012

Residential washers dumped on U.S. market

   The Commerce Department on Wednesday determined that large residential washers from South Korea and Mexico are dumped on the U.S. market.    Dumping occurs when a foreign company sells a product in the United States at less than its fair value.    Commerce determined that producers/exporters from South Korea and Mexico have sold large […]

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Chris Dupin Wednesday, December 19, 2012

TSA announces another rate increase

“This is a make or break period for transpacific carriers,” said TSA executive administrator Brian M. Conrad. The carriers “cannot afford another year in which expiring contracts and seasonally weak demand erode rate levels.”

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Chris Gillis Wednesday, December 19, 2012

Kohl’s adds solar, S.C. Johnson captures wind

   Kohl’s Department Stores on Tuesday switched on its largest solar-power project at its million-square-foot e-commerce distribution center in Edgewater, Md.    The facility opened in 2011 and recently earned its Leadership in Energy and Environmental Design (LEED) certification from the U.S. Green Building Council. The location is Kohl’s sixth solar-based site in Maryland.    The […]

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Chris Gillis Wednesday, December 19, 2012

Shipco expands ICT business to SoCal

   Non-vessel-operating common carrier Shipco Transport will open a new International Cargo Terminals (ICT) export warehouse in Long Beach, Calif., on Jan. 7.    ICT, with warehouses in Elizabeth, N.J. and in Miami, is a Shipco subsidiary.    The new 188,000-square-foot facility is located 10 minutes from the ports of Long Beach and Los Angeles. […]

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Chris Gillis Wednesday, December 19, 2012

Kovacs named NVC Logistics president

   NVC Logistics Group, a Rockleigh, N.J.-based third party logistics services provider, has named Robert Kovacs president, effective Jan. 1.    He replaces Paul Henrici, who will retire from the company at the end of the month, after 17 years of service. Kovacs was most recently NVC’s senior vice president. He joined the company in […]

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Chris Gillis Wednesday, December 19, 2012

Ex-Im Bank loans support exports to Latin America

   The U.S. Export-Import Bank approved loans for more than $150 million worth of American-made energy equipment that will head to Uruguay and Mexico.    In specific, Ex-Im Bank approved a $78.6 million direct loan to Abengoa, a company in Seville, Spain, that applies technology solutions for sustainable development in the energy and environment sectors. It […]

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Chris Dupin Tuesday, December 18, 2012

ILA, USMX break off talks

The East and Gulf coast dockworkers’ union says it’s still willing to keep talking with management to secure a contract, but warned “unless we hear back from them we will be on strike on Dec. 29.”

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Chris Gillis Tuesday, December 18, 2012

U.S. steel exports up in October

   U.S. steel exports increased in October compared to September by 12.1 percent, according to the American Institute for International Steel and government data.    “Exports to both NAFTA and the smaller steel export markets in Asia and the EU increased on a month-to-month basis offsetting declines in other markets. The increase in exports – […]

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Chris Dupin Tuesday, December 18, 2012

German liners Hapag-Lloyd, Hamburg Süd discuss merger

   The leading German container shipping companies Hapag-Lloyd and Hamburg Süd said this morning that they are discussing a possible merger.    If accomplished, the combined companies would be the fourth largest container shipping company in the world with more than 1 million TEUs in capacity.    The only larger liner companies would be Maersk, […]

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Chris Gillis Monday, December 17, 2012

Vanguard opens in Myanmar

   Non-vessel-operating common carrier Vanguard Logistics Services has started servicing Yangon, Myanmar.    Vanguard Myanmar, opened with partner Global Consolidators Ltd., has a dedicated Vanguard staff to oversee all aspects of sales, customer service and port operations. Employees at this location coordinate weekly less-than-containerload services from more than 90 origins globally through Singapore to Asia World Terminal in […]

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Chris Gillis Monday, December 17, 2012

Obama signs Russia’s PNTR status into law

   President Obama on Friday signed legislation that grants Russia permanent normal trade relations (PNTR).    The 2012 Russia and Moldova Jackson-Vanik Repeal and Sergei Magnitsky Rule of Law and Accountability Act will allow the United States to apply the World Trade Organization agreement to Russia, offering new trade opportunities for U.S. businesses and allowing […]

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Chris Gillis Monday, December 17, 2012

NJ man arrested for illegal tusk imports

   A New Jersey man on Friday was arrested for illegally trafficking in narwhal tusks and associated money laundering crimes, the Justice Department said.    On Nov. 14, a federal grand jury sitting in Bangor, Maine, returned an indictment that was partially unsealed Friday upon the arrest of Andrew L. Zarauskas of Union, N.J. The […]

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FreightWaves Staff Friday, December 14, 2012

BlueWater Reporting launches new liner shipping analytics Website

BlueWater Reporting has announced today the launch of a new Website, www.BlueWaterReporting.com. The new service combines business intelligence tools for liner shipping analytics on a global basis with news content from media partner American Shipper. BlueWaterReporting.com combines 17 new analytical applications on the BlueWater Reporting business intelligence platform with seven reports from the www.ComPairData.com Website, […]

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Chris Gillis Friday, December 14, 2012

GPA deploys electric rubber-tired gantries

   The Georgia Ports Authority on Friday deployed its first four electrified rubber-tired gantry cranes (ERTG), making it the first North American port operation to introduce this cleaner and more efficient equipment.    The new technology reduces fuel consumption by an estimated 95 percent, GPA said.    “This project is the latest in a series of GPA […]

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Chris Gillis Friday, December 14, 2012

NYK merges heavylift, bulk transport units

   NYK on Friday said it will merge its subsidiary companies NYK-Hinode Line Ltd. and NYK Global Bulk Corp.    Hinode has been in business for more than a century and transports a variety of cargo, such as plant and heavy equipment, while NGB is one of the world’s largest specialists in handy-size bulk carriers. […]

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Chris Gillis Friday, December 14, 2012

Butts to retire from C.H. Robinson

   C.H. Robinson’s senior vice president Jim Butts will retire, effective Dec. 31.    Butts started working at the Eden Prairie, Minn.-based logistics company in 1978. He has been senior vice president since December 2007. His previous positions at C. H. Robinson include manager at both the Chicago South and Detroit offices.

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Chris Gillis Friday, December 14, 2012

Ex-Im Bank backs $1.03 billion for U.S. exports to Germany

   The U.S. Export-Import Bank approved a $1.03 billion loan to GLOBALFOUNDRIES to finance the export of American-made semiconductor manufacturing equipment to Germany.    The transaction, which is Ex-Im Bank’s third with GLOBALFOUNDRIES and its related entities, will support about 9,700 jobs, according to Commerce and Labor department data.    Four American exporters from California, […]

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Chris Gillis Friday, December 14, 2012

Toomy named New Orleans port chairman

   The Port of New Orleans has elected Joe Toomy to serve as chairman.    He succeeds Commissioner Valerie Cahill, whose term as chairman expired. Cahill will continue to serve on the board as a commissioner. The board also elected Commissioners Dan Packer to vice chairman and Greg Rusovich to secretary-treasurer.    A 24-year veteran […]

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