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Maersk CFO exits amid restructuring

Jakob Stausholm, chief finance officer, chief strategy and transformation officer, and registered director of the A.P. Moller – Maersk will resign from the company by the end of the month, according to a statement from Maersk.

Shipping NewsPosted on: March 20, 2018

Container business may enter ‘settling down’ period

Ocean Network Express CEO Jeremy Nixon said the three major consortia that dominate the deep-sea container trades may undergo a period of “setting down.”

Shipping NewsPosted on: March 20, 2018

Schneider brings chassis fleet in-house

The Green Bay, Wis.-based national trucking company completed its conversion to a company-owned and managed chassis fleet by buying over 15,000 intermodal container chassis over the last four years.

Shipping NewsPosted on: March 20, 2018

Package explodes at Texas FedEx facility

A FedEx worker suffered minor injuries when a device inside a parcel exploded early Tuesday morning at a distribution center in Schertz, Texas, according to statements from local law enforcement.

Shipping NewsPosted on: March 20, 2018

Begeman named STB chair

President Donald Trump has shifted Ann Begeman out of the acting chair role at the Surface Transportation Board to become chair.

Shipping NewsPosted on: March 20, 2018

McAleenan confirmed as CBP’s permanent commissioner

The Senate confirmed Kevin McAleenan to serve as commissioner of U.S. Customs and Border Protection by a vote of 77-19 on Monday.

Shipping NewsPosted on: March 20, 2018

St. George Logistics continues acquisition spree

The logistics and transportation services provider snapped up Summit Northwest Corp and Freight Force and has no plans on letting up on its acquisition spree.

Shipping NewsPosted on: March 20, 2018

Decisions on five water projects expected by July

Lt. Gen. Todd Semonite, commanding general for the U.S. Army Corps of Engineers, told lawmakers he expects to complete five chief’s reports and recommend changes to two private sector-sponsored projects by mid-summer.

Shipping NewsPosted on: March 20, 2018

Collision in Karachi sends containers overboard

A Hapag-Lloyd containership struck a Gold Star Line vessel on Monday while berthing in Karachi.

Shipping NewsPosted on: March 20, 2018

Senators urge repeal of USDA catfish inspection

Sens. John McCain, R-Ariz., and Jeanne Shaheen, D-N.H., asked U.S. Trade Representative Robert Lighthizer to back an elimination of the catfish inspection program before the World Trade Organization’s consultation stage ends April 28.

Shipping NewsPosted on: March 20, 2018

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