As carriers prepare to implement the next round of Asia-Europe general rate increases on Monday, June 1, the spot market response was to plunge to the lowest ever official freight rate seen on the trade.

Indonesia’s plans to invest in infrastructure will pay off as the Southeast Asian country attracts cost-driven manufacturers moving their production out of China, according to Jakob Sorensen, president director of Maersk Line Indonesia.

ILA workers in Port of Oakland
Truckers in Northern California Wednesday reported sporadic incidents of mandatory International Longshore and Warehouse Union inspections of trucker-controlled chassis at the Port of Oakland, but the ILWU international headquarters apparently has not yet issued a coastwide mandate on chassis inspections since the new waterfront contract was ratified on Friday.

Port of Ashdod, Israel
Dockworkers in Israel have ended a two-day strike protesting the creation of new foreign-run port terminals.

For companies interested in oil field transportation, now is the time to buy. Low oil prices are encouraging acquisitions across the energy sector, including trucking. Canada's Aveda Transportation and Energy plans to bolster its U.S. expansion by acquiring Hodges Trucking in Oklahoma.

State-owned rail operator Container Corporation of India reported an 11.5 percent increase in consolidated net earnings in fiscal year 2014-15, which ended March 31, on the back of strong volume gains from its core international freight hauling activity.

Reports from New Delhi said train operations were returning to normal Friday following the end of week-long protests by ethnic Gujjars in the state of Rajasthan.

Etihad Airways’ cargo revenue topped $1 billion for the first time in 2014 as freight traffic grew four times faster than the global market to reach an all-time high.

Toll Group began operating under the Japan Post flag today as president and CEO Toru Takahashi announced the new board that will provide governance to the Melbourne-based logistics company.

MSC Fabiola in Long Beach
Shipping lines and terminal operators at California’s major ports urged the state Air Resources Board to change the way that regulators look at goods movement before finalizing its Sustainable Freight Strategy that will govern emissions from vessels, trucks and trains over the next 35 years.

Electronically tethered convoys may be on the horizon. A U.S. study looks at linking trucks via vehicle-to-vehicle technologies that control speed and braking for safer, more efficient transportation.

The Port of Miami posted double-digit container volume growth for the second consecutive month in April, another potential sign of the staying power of cargo diversions from the U.S. West Coast, now months after the congestion crisis has ended.

An ambitious plan to rebuild Rhode Island's crumbling bridges using up to $700 million in truck tolls came under fire by the American Trucking Associations, which wants to stop the smallest state in the U.S. from setting a big precedent.