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South Korea Projects Export Slowdown
Mike King |
Weak demand for exports from Europe and the U.S.
Transport, Trade and Regulation News
Laboring Globally, Acting Locally
Bill Mongelluzzo and Joseph Bonney |
When the International Longshore and Warehouse Union violently protested the hiring of non-ILWU workers at a Pacific Northwest grain elevator, the union’s East and Gulf Coast counterparts were q
Maritime
Forwarding
Congested Indian Port Appeals For Aid
JOC Staff |
India’s Port of Chennai appealed to container terminal operators, shipping lines and shippers to help ease congestion at the congested southeastern hub.
Port News
Maritime
Container lines
St. Lawrence Seaway Strike Averted
Courtney Tower |
A tentative agreement between nearly 500 Canadian Auto Workers and Canada’s St.
Longshore labor
Maritime
Forwarding
Global Air Cargo Slowdown Accelerates
Bruce Barnard |
The downturn in the global air cargo market accelerated sharply in August with traffic shrinking 3.8 p
Air Cargo Forwarder News
Air Cargo Carriers News
Gulf Ports Building for Future
Janet Plume |
With container and general cargo volume steady and rising across the Gulf of Mexico, ports are spending much of their time expanding shoreside facilities in anticipation of increased Asian cargo flows
Port News
Maritime
Forwarding
What's Propping Up Rail Lumber?
John D. Boyd |
At a time when the U.S. housing market is in its worst condition since home ownership began to boom after World War II, railroads are hauling more lumber in 2011 than they did last year.
Rail News
River of Dreams
Jon Monroe, Jon Monroe Consulting |
The Yangtze River is the world’s third-longest river after the Amazon and Nile, stretching 3,914 miles from the Tibetan Plateau to its mouth at Shanghai.
Maritime
Forwarding
Schneider Dedicated to Sharing
William B. Cassidy |
Shippers looking to lock down capacity are turning not just to carriers, but to each other, and logistics providers are bringing the assets they need to the dock.
Trucking News
LTL
Lone Star Rebound
David Biederman |
The Texas industrial real estate market is booming as shifting global trade patterns and demographic trends make Dallas, Fort Worth and Houston three of the hottest markets in the nation.
Port News
Maritime
Crossing the Border
David Biederman |
When industrial equipment giant Caterpillar announced plans in June to expand into an 850,000-square-foot manufacturing facility in Victoria, Texas, the impact resonated across the entire Gulf region.
Maritime
US Box Loss Is Canada's Gain
Peter T. Leach |
A U.S.-Canada cross-border dispute simmering since last spring may be on the verge of boiling over.
Maritime
Rail News
Forwarding
Galborg, MACS Share Durban Berth
JOC Staff |
Galborg Line, which operates a regularly scheduled multipurpose liner service from the U.S.
Port News
Cargo Security 2.0
R.G. Edmonson |
A large container ship is slowly transiting the Kill van Kull channel on its way to a berth at Port Elizabeth, N.J.
Transport, Trade and Regulation News
Maritime
FedEx Freight Priced for Profit
William B. Cassidy |
The FedEx trucking division, and the largest U.S. less-than-truckload carrier, reported a $42 million operating profit in the fiscal quarter ending Aug.
Trucking News
LTL
FedEx Ground Delivers Profits
William B. Cassidy |
Express air shipments may provide heavy lift for FedEx when it comes to revenue, but ground freight is delivering the more solid profits.
Trucking News
Hardly a Winged Victory
Mark Szakonyi |
The arrival late last month of a China Cargo Airlines freighter at Lambert-St. Louis International Airport was supposed to launch a service aimed at raising the city’s role in global trade.
Transport, Trade and Regulation News
Air Cargo Carriers News
Air Cargo
Beef on Export Menu
R.G. Edmonson |
The record drought in the Southwest this year caused $5.2 billion in agricultural losses in Texas, the Texas AgriLife Extension Service reported.
Forwarding
Maritime
ILA, ILWU Not Going Away
Bill Mongelluzzo and Joseph Bonney |
With the International Longshoremen’s Association contract expiration a year away, some shippers already are starting to explore contingency plans.
Maritime
Container lines
Forwarding
Strike Threatens to Shut St. Lawrence Seaway
Courtney Tower |
Nearly 500 Canadian Auto Workers employees on Friday notified Canada’s St.
Container lines
Forwarding
US Heading Into Recession, ECRI Warns
Joseph Bonney |
The U.S.
Transport, Trade and Regulation News
MOL Slashes Financial Forecast
JOC Staff |
Mitsui O.S.K.
Maritime
Container lines
Forwarding
Exports Propel Container Gains at Tacoma
JOC Staff |
A 16.4 percent jump in exports spurred a 7.3 percent increase in loaded international container volume at the Port of Tacoma in August from a year earlier.
Maritime
Forwarding
MSC Sets US-Asia Rate Hike
JOC Staff |
Mediterranean Shipping Co., the world’s second-largest container shipping carrier by fleet capacity, will raise rates from the United States to the Far East, effective Nov. 1.
Maritime
Container lines
Forwarding
Pacific Carriers Plan Targeted Export Rate Hikes
Joseph Bonney |
The Westbound Transpacific Stabilization Agreement said its member carriers plan to implement targeted rate increases on export commodities Nov. 1.
Container lines
Forwarding
CSAV Sailing Rough Seas
Joseph Bonney |
CSAV is living an extreme version of container shipping’s recent ups and downs.
Container lines
Maritime
Forwarding
Driver Turnover Hits 79 Percent at Large Carriers
William B. Cassidy |
Truck drivers are leaving large truckload carriers for other employers at a faster pace, but smaller competitors are keeping more drivers, a survey shows.
Trucking labor
Trucking News
Japan’s Sendai Port Resumes International Container Services
Hisane Masaki |
International container services partially resumed Friday at Japan’s Port of Sendai, the largest port in the northeastern Japanese region that bore the brunt of the devastating March 11 earthqua
Port News
Forwarding
Ace Hardware Taps Virginia for Import DC
Peter T. Leach |
Ace Hardware will invest $14 million in an import re-distribution center for the East Coast near Virginia’s Port of Norfolk.
Port News
Widdows Leaves Top NOL Post Early
Peter T. Leach |
Ron Widdows, a prominent leader in the global container industry, is leaving his position as group president and CEO of Neptune Orient Lines as of Oct.
Container lines
Forwarding
Shippers Urge Congress to Block Driver Rule Change
William B. Cassidy |
The battle over proposed changes to truck driver hours of service escalated on Capitol Hill this week as a group of shipping executives called on key members of Congress to oppose shortening the time
Trucking News
Asia Trucking Finds Another Gear
Mike King |
Intra-Asia transport traditionally has been a game played out by sea and air.
Trucking News
Maritime
Cool Cargo News
Preparing for the Panama Canal
Bill Read and Brooks Bentz |
Operating a world-class supply chain requires the ability to respond quickly to transformative events, both sudden and expected.
Maritime
Intermodal Traffic Powers to All-Time Weekly High
John D. Boyd |
Rail intermodal volume at North America’s major railroads reached the highest weekly level on record, after a 2.8 percent gain in the week ending Sept. 24.
Rail News
Truckload Carriers Taking Accessorial Charges to Shippers
William B. Cassidy |
More than two-thirds of truckload carriers plan more use of accessorial charges, adding income from shipping fees to higher rates, Transport Capital Partners said.
Truckload
Hanjin Adding Asia-India Service
Mike King |
Korean container line Hanjin Shipping will launch an Asia-Pacific to West India direct service in late October.
Forwarding
Container lines
Horizon Pushes Back Refinancing Target Date
Joseph Bonney |
Horizon Lines has delayed for one week its target date for completing a $655 million refinancing that would stave off bankruptcy by the largest U.S. domestic ocean carrier.
Container lines
Forwarding
Asia Airlines Pull Back Freight Capacity
JOC Staff |
Cargo traffic for Asia-Pacific airlines fell 5.8 percent in August as carriers pulled back freight capacity even as the industry’s peak shipping season neared.
Air Cargo Carriers News
Kuehne + Nagel Names Rooney to Trans-Pacific Post
Peter T. Leach |
Kuehne + Nagel named former carrier executive William F. Rooney this week as its vice president of sea freight for the trans-Pacific.
Container lines
Freight Rate, Surcharge Updates for Week of Sept. 26-30
JOC Staff |
Mediterranean Shipping Company will apply a general rate increase on the eastbound trade from North Europe to
Forwarding
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