AS Daily / Service Providers

U.S. investors buy stake in König & Cie

Wed, 22 May 2013 15:09:09 GMT

"We had to restructure and reorganize and become more like an asset manager, and that is what we did,” Tobias König, CEO of the company, said in a telephone interview with American Shipper.

Crowley adds new containers to fleet

Wed, 22 May 2013 15:08:16 GMT

The ocean carrier's liner services group is adding more than 3,000 pieces of cargo handling equipment to its fleet. The new equipment will be used to serve shippers in its Puerto Rico, Caribbean and Latin America services.

Report: 3PLs see small revenue boost in 2012, similar for 2013

Wed, 22 May 2013 06:59:05 GMT

ATA: Truck tonnage down slightly in April

Wed, 22 May 2013 06:55:44 GMT

Shipco sets up joint venture in New Zealand

Wed, 22 May 2013 06:50:13 GMT

Ecu-Line realigns Asia-Pacific management

Wed, 22 May 2013 06:25:38 GMT

MOL to open own liner office in Canada

Wed, 22 May 2013 06:11:21 GMT

Con-way to build new Wisconsin facility

Wed, 22 May 2013 06:03:39 GMT

Executive moves

Wed, 22 May 2013 06:00:41 GMT

Teamsters release details of tentative ABF contract

Tue, 21 May 2013 13:52:27 GMT

A 7 percent wage reduction, but no major cuts to health or pension benefits are amid the details of the tentative contract between the less-than-truckload carrier and its union drivers. A union vote on the proposal is set for June 3.

Stake in container manufacturer being sold

Tue, 21 May 2013 13:31:45 GMT

COSCO Pacific has entered into a conditional agreement to sell its 21.8 percent indirect interest in CIMC for $1.2 billion to Long Honor Investments Ltd., which today has a small 0.95 percent stake in the company.

CEVA takes revenue hit in 1Q

Tue, 21 May 2013 13:17:16 GMT

The third party logistics provider’s revenue dropped 6 percent, year over year, in the first quarter to 1.6 billion euros ($2.06 billion), and adjusted earnings dropped from 66 million euros to 31 million euros.

MSC to start new service to Dominican Republic

Tue, 21 May 2013 06:59:09 GMT

New service to link China, Taiwan and Australia

Tue, 21 May 2013 06:53:57 GMT

Polar cargo adds Asia-U.S. route

Tue, 21 May 2013 06:47:00 GMT

Association to certify truckers against trafficking

Tue, 21 May 2013 06:46:37 GMT

Sea Star names Nolan VP

Tue, 21 May 2013 06:18:24 GMT

Maersk plans $750 rate hike from Asia to North Europe

Mon, 20 May 2013 06:59:08 GMT

The liner carrier also announced a $150-per-container increase on dry and refrigerated cargo moving from the Mediterranean to the Far East, effective June 1. From Syria, the increase will be $115 per container.

SeaIntel says shippers should prepare for 'blank sailings'

Mon, 20 May 2013 06:39:09 GMT

Lars Jensen, chief executive officer of SeaIntel Maritime Analysis, writes that "From a service quality perspective, the data thus support the shippers' notion that this is becoming a significant issue if supply chain stability is of importance."

Georgia Ports has record April

Mon, 20 May 2013 06:29:49 GMT