FASA

The international parcel shipping company has begun offering a specialized suite of supply chain services that covers inbound through final distribution for semiconductor shippers with capital shipments.

The U.S. Federal Maritime Commission has received nine ocean transportation intermediary license applications and changes for review.

American Airlines Cargo appoints managing director, global and key accounts – cargo sales; USA Truck names vice president of safety and risk management; and Transnet National Ports Authority selects chief executive.

The recent “Petya” cyber attack involving Danish shipping giant A.P. Moller-Maersk should serve as a stark reminder to all companies in the global shipping industry to reexamine existing systems protections and contingency plans.

Looking to diversify its export business, the Pacific Northwest port is helping send cattle to Vietnam as part of the country’s “glass of milk per child per day” program that aims to ease childhood malnutrition.

Shipping analyst Johnson Leung is behind Hong Kong-based tech startup 300cubits, which believes blockchain-backed cryptocurrency could finally change the eternal cycle of overbooking and no-shows in container shipping.

For the six months ended June 30, Matson reported net income of $31 million, or $0.72 per diluted share, compared with $36.1 million, or $0.83 per diluted share, in the same 2016 period, according to the ocean carrier’s most recent financial statements.

The barge-based ‘Caribbean FLNG’ vessel is the world’s first barge-based floating LNG production unit, according to Exmar.

New Orleans-based offshore vessel services company Tidewater estimates that its interest and operating lease expenses will be reduced by about $73 million annually under the reorganization.

CSX CEO E. Hunter Harrison promised “precision scheduled railroading” under his watch, but significant service problems by the railroad and the outcry from shippers seeking relief has pressed the U.S. Surface Transportation Board into taking action.