The 132 transportation and logistics companies that made the Inc. 500/5000 list of fastest-growing U.S. companies this year prove that size and speed aren’t always twinned.

Bourbon
Growing global demand for bourbon, a solely U.S. produced liquor, is giving U.S. East Coast ports a sweet, down-home surge in containerized cargo.

CMA CGM Corte Real
CMA CGM, the world’s third-largest carrier in deployed capacity, increased revenue and cut operating expenses in the April through June period according to quarterly figures released today.

Rickmers Group said “strained” markets, currency exchange and weak charter rates contributed to revenue and profit declines in the first half of 2014, and that conditions will remain difficult through the rest of the year.

NYK Line in May took delivery of the first post-Panamax car carrier built in Japan. Dubbed the Aries Leader, the new pure car carrier not only boasts a capacity of 7,000 vehicle units, but also a wide range of energy-saving technologies not found on other such vessels.

At least two ocean carriers are cutting intermodal fuel surcharges for dry and refrigerated shipments to and from the United States, effective Oct. 1, as a result of falling diesel prices.

The spot rate to the U.S. East Coast was $4,344 per 40-foot container this week.
While some September 1 general rate increases seem to be successful, others have not taken hold, and spot rates in those lanes may drop to new lows.

Despite the lack of a new West Coast labor contract two months after the expiration of the last agreement, the threat of work stoppages to peak-season merchandise is rapidly receding, according to a retail industry consultant.

Ocean carrier rate revision roundup for Aug. 29
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.

The attempt by CSX Transportation and the Port of Baltimore to gain double-stack container service to and from the port took a major hit Thursday after the state of Maryland withdrew funding for a planned intermodal terminal.

Robert Sappio, former longtime executive at APL, has been named chief operating officer at SeaCube Container Leasing.

Rising furniture imports fueled by higher home sales are generating demand for Zenith Global Logistics, a third-party logistics company specializing in home furnishings.

Emirates Shipping Line is the latest container line to impose surcharges on India-bound cargoes in response to the months-long intermodal delays that have led to serious equipment imbalance issues at India’s premier container gateways.