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Apr 26, 2012 7:38PM GMT
U.S. imports in March rebounded sharply, driven by a shipment surge of furniture and auto parts, after falling in February on tough year-over-year comparisons caused by early closings of factories in China.
Overall U.S. containerized imports expanded 7.3 percent year-over-year in March to 1,373,...
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Apr 20, 2012 4:36PM GMT
The quote below is from the opening statement of a new five-year strategic plan adapted on April 19 by the commissioners of the Port of Los Angeles. It is telling:
“The Port’s container business accounts for more than 80 percent of its revenue and provides thousands of jobs in the...
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Apr 19, 2012 12:38PM GMT
One objection to raising truck driver pay to address what’s called a driver shortage is that shippers won’t stomach higher rates needed to support higher pay.
Shippers already are paying higher prices (than in 2009). Truckload rates were 7.2 percent higher in March than a year ago,...
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Apr 9, 2012 2:01PM GMT
By now, those who know me know I’m a driver shortage skeptic. I don’t believe there’s an actual shortage of people who could drive a truck, just a shortage of those willing to drive a truck for the pay and conditions on offer from truckload carriers.
I’ve heard from carrier...
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Apr 4, 2012 5:07PM GMT
The lasting image of the April 3 tornadoes in Dallas will be rows of trailers being demolished and tossed into the air at or near a Schneider National terminal.
Fortunately, no Schneider employees were injured by the tornado. About 100 pieces of equipment were damaged by the storm, the company said...
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Apr 4, 2012 4:11PM GMT
Two centuries ago, the big question for shipping wasn’t the size of the new generation of ships. It was whether a steam-powered vessel could cross the ocean without burning and sinking.
Seafarers, shippers and financiers of the early 19th century were leery of steamships, and no wonder....
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Mar 30, 2012 6:34PM GMT
Steep declines in imports of furniture, toys and footwear in February helped pushed U.S. containerized imports down 5.8 percent year-over-year, the first decline in four months.
An early Lunar New Year shutdown of factories in China exacerbated the year-over-year import loss, but the 18.6 percent...
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Mar 30, 2012 5:56PM GMT
Shippers have reason to breathe easier, if not yet celebrate, with the kickoff of contract negotiations between the International Longshoremen’s Association and its East and Gulf coast employers.
After scaring the daylights out of cargo interests at the recent Trans-Pacific Maritime...
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Mar 29, 2012 3:34PM GMT
It’s hard out there for captive shippers, or railroad customers who have access to only one rail service. Congressional attempts to curb railroad pricing power have faltered, and the Surface Transportation Board kicked a request for tougher switching rules down the road. And in November,...
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Mar 26, 2012 3:24PM GMT
Your brokerage firm has contracted a load out to a carrier, but that carrier has passed on the shipment to another trucking company. Then that third-party is involved in a fatal accident, opening your firm to a myriad of legal ramifications, which could even ratchet up to include your shipper....
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Mar 21, 2012 8:56PM GMT
From President Obama trumpeting its resurgence to economists praising the sector for leading the U.S. economic recovery, domestic manufacturing hasn’t looked this good for years.
But a recent study by a non-partisan think tank suggests that economics, pundits and policymakers are getting an...
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Mar 16, 2012 5:43PM GMT
Hannibal Gadhafi, son of the now-deceased Libyan dictator, had built a 3,500 passenger cruise ship, called the Phoenician. The massive ship was decked out with statues, gold and huge marble columns.
While that may not seem to be out of the ordinary, in typical Gadhafi style, the ship was built with...