Around the Industry - News & Events

Maersk Line Appoints New President for North America

Maersk Line Appoints New President for North America

Maersk Line has appointed Omar Shamsie as the new president of Maersk Line in North America effective December 1, 2017.   His most recent position was president of Maersk Line Latin America & the Caribbean and before that president of Maersk Line Canada. Shamsie’s background also includes director and vice president positions throughout the globe with […]

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Total U.S. Boxboard Production Up 3.5%

Total U.S. Boxboard Production Up 3.5%

Total boxboard production increased 3.5 percent when compared to October 2016 and increased 3.0 percent from last month. Unbleached Kraft Boxboard production increased over the same month a year ago and increased compared to last month. Total Solid Bleached Boxboard & Liner production increased when compared to October 2016 and increased compared to last month. The production […]

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U.S. Ports Warn that Tax Bill May Raise Project Costs

U.S. Ports Warn that Tax Bill May Raise Project Costs

The American Association of Port Authorities is concerned that Congress’ ongoing tax reform plans could have a negative effect on financing for port infrastructure projects. At present, the “private activity bonds” (PABs) that states issue to raise private funds for certain types of infrastructure are exempt from federal taxes. The House version of the Republican tax reform package […]

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Maersk Calls for Ambitious CO2 Cuts

Maersk Calls for Ambitious CO2 Cuts

In a letter released this week, Maersk head of sustainability strategy John Kornerup Bang called for a concerted effort from shipping to reduce its carbon dioxide emissions.  “Raising the ambition for global regulation remains crucial to ensure shipping’s contribution to reach the Paris Agreement’s goal of staying below 2°C temperature rise,” he said. “While shipping […]

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GPA Approves Projects to Expand Rail, Gate Capacity

GPA Approves Projects to Expand Rail, Gate Capacity

PRESS RELEASE On the heels of reporting 32 percent growth in containerized trade for October, an all-time record for Savannah, the Georgia Ports Authority approved rail and gate expansion projects that will significantly increase capacity at GPA’s Garden City Terminal – the single largest container terminal in all of North America. “A strong Southeast U.S. […]

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US Containerboard Output in September Essentially Flat

US Containerboard Output in September Essentially Flat

The American Forest & Paper Association released its September 2017 U.S. Boxboard Report. Total boxboard production increased 3.3 percent when compared to September 2016, and decreased 6.3 percent from last month. Unbleached Kraft Boxboard production increased over the same month as last year but decreased compared to last month. Total Solid Bleached Boxboard & Liner […]

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Port of Savannah Moves 1M TEUs in First Quarter

Port of Savannah Moves 1M TEUs in First Quarter

PRESS RELEASE The Port of Savannah moved more than 1 million twenty-foot equivalent container units across Garden City Terminal in the first quarter of FY2018 (July 1-Sept. 30), growing by 5.8 percent or 55,629 TEUs over the same period in FY17. In September alone, the GPA moved 325,141 TEUs, an increase of 5.4 percent or […]

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Steve Cernak Elected AAPA Chairman

Steve Cernak Elected AAPA Chairman

Steve Cernak, chief executive and port director for Florida’s Port Everglades, has commenced his one year term as the 2017-18 chairman of the board for the American Association of Port Authorities (AAPA). Cernak succeeds Mark McAndrews, port director for the Port of Pascagoula, in Pascagoula, Miss. The entire board of directors was inducted as part […]

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