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TSA Nominee Set for June 10 Hearing
Bob Edmonson |
The administration’s third nominee to head the Transportation Security Administration will have his day before the Senate Commerce Committee on June 10, the committee announced.
Transport, Trade and Regulation News
Ceres Expands Baltimore Ro-Ro Terminal
JOC Staff |
Ceres Terminals signed a lease for 12 additional acres at the Port of Baltimore’s Dundalk Marine Terminal, the Maryland Port Administration said Thursday.
Maritime
Forwarding
Rail Labor Chief Sorrow to Retire
John D. Boyd |
Paul T. Sorrow is retiring July 1 as national president of the Brotherhood of Locomotive Engineers and Trainmen, clearing the way for First Vice President Dennis R.
Rail News
North-American rail
Dynamex Sees Same-Day Demand, Profits Increase
William B. Cassidy |
Economic recovery in the U.S.
Air Cargo
Trucking News
Air Cargo Forwarder News
LTL
OSHA Slaps $1.3 Million Fine on Halter Marine
R.G. Edmonson |
VT Halter Marine, a Pascagoula, Miss.-based shipbuilder for the U.S.
Maritime
Transport, Trade and Regulation News
CMA CGM Adds Durban Call
Bruce Barnard |
CMA CGM announced its West Africa Express [WAX] service to Asia will call at the South African port of Durban.
Maritime
Forwarding
APM Sells Stake in Zeebrugge Terminal
Bruce Barnard |
APM Terminals sold a 25 percent stake in its Zeebrugge, Belgium, container terminal to Shanghai International Port Group under an agreement finalized May 28.
Maritime
Two Ships Hijacked by Somali Pirates
Peter Leach |
Two vessels hijacked by Somali pirates were retaken on Wednesday in separate incidents and a third vessel managed to avoid capture when it outran pirates.
Maritime
Forwarding
Raymond Re-elected as Horizon Lines Chairman
Peter Leach |
Horizon Lines elected three Class II directors at its annual meeting Wednesday and re-elected CEO Charles G. Raymond as its chairman.
Maritime
Forwarding
Extra Slow Steaming Absorbs 100 Ships
Bruce Barnard |
Ocean carriers have absorbed nearly 100 container ships with a combined capacity of 554,000 20-foot equivalent units by introducing extra slow steaming on key liner trade routes, according to a new re
Maritime
Container lines
Forwarding
Air France-KLM Cargo Traffic Up 8.7 Percent
Bruce Barnard |
Air France-KLM’s cargo traffic in May rose 8.7 percent from a year ago, led by a double digit increase on its Americas network.
Air Cargo
Air Cargo Carriers News
Top Seven Railroads Increase Jobs in April
John D. Boyd |
The U.S. operations of all seven top-tier North American railroads expanded their workforce in April, the first time that has happened since rail employment bottomed in January.
Rail News
North-American rail
Cisco Systems Inventory Signals Shipping Gains
William B. Cassidy |
Inventories at Cisco Systems increased 16.4 percent in value, to $1.3 billion, in its most recent quarter ending May 1, the company said.
Maritime
Forwarding
Houston Port Sees Increased Steel, Fewer Containers
Joseph Bonney |
Steel shipments through the Port of Houston hit a 12-month high in April as container volumes dropped 14 percent from the comparable month in 2009.
Maritime
Forwarding
Hong Kong Airport Sees Busiest Cargo Month Since 2007
JOC staff |
Hong Kong International Airport said a 47 percent surge in exports in April pushed the airport to its largest monthly cargo volume in more than two-and-a-half years, extending a strong resurgence in s
Air Cargo
Maersk Now Offering Priority Cargo Option
Bruce Barnard |
Maersk Line is offering shippers the option of paying a fee for priority loading of their cargo on a particular vessel on many global services, except those to and from North America.
Maritime
Container lines
Hybrid Truck Sales to Boom in US, Firm Predicts
William B. Cassidy |
The market for hybrid trucks and buses is set for a thousand-fold increase within five years, with more than 300,000 hybrids sold by 2015, Pike Research says.
Trucking News
US Develops Plan to Double Exports, Increase Jobs
John D. Boyd |
President Obama’s goal of doubling U.S. exports within five years generated a set of nation-specific marketing plans, according to a senior U.S. trade official.
Transport, Trade and Regulation News
Vancouver Port, Canadian Railroad to Collaborate
Bill Mongelluzzo |
The Port of Vancouver and Canadian National Railroad announced a supply chain collaboration agreement that is designed to enhance the gateway’s competitiveness for North American exports as well
Rail News
Descartes Profit Tightens as Revenue Rises
William B. Cassidy |
Descartes Systems Group increased revenue by 22 percent from a year ago, but acquisitions, higher taxes and even volcanic ash shrank its profit.
Transport, Trade and Regulation News
NMB Keeps Teamster Airline Mechanics, UPS at Table
William B. Cassidy |
The National Mediation Board rejected a request by the Teamsters union to release UPS aircraft mechanics from negotiations, which would have set the stage for a strike in 30 days.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Maersk to Sell Canadian Port Trucker
Peter Leach |
Maersk Canada said Wednesday it is selling the Canadian assets of port trucking line Bridge Terminal Transport to Rouge River Capital, a Canadian merchant bank.
Trucking News
Global Air Cargo Revenue Grows 40 Percent
Bruce Barnard |
Global air cargo volumes surged 26 percent in the first quarter from a year ago and revenue grew as much as 40 percent, the International Air Transport Association said.
Air Cargo
Air Cargo Carriers News
Hapag-Lloyd, UASC to Increase Rates
JOC staff |
Hapag-Lloyd plans to raise freight rates on major trade lanes covering the Indian subcontinent and the Middle East, starting in early July.
Maritime
Container lines
DSV to Offer Logistics, Transport to Music Industry
Peter Leach |
The DSV Group launched a new division called DSV Entertainment Logistics, which will provide transport and logistics to the entertainment industries with a particular focus on the music industry at th
Transport, Trade and Regulation News
Diesel Price Slides to Three-Month Low
JOC Staff |
Diesel prices fell to their lowest point in three months, sliding 4.1 cents to an average of $2.98 per gallon across the country in the week ending May 31, according to the U.S.
Transport, Trade and Regulation News
Trucking News
Panama Canal Gets Key Dredging Bids
Peter T. Leach |
Six international engineering companies submitted bids Tuesday to dredge an area of the Panama Canal’s man-made Gatun Lake that is central to the massive project to upgrade the canal and its cap
Maritime
Container lines
Forwarding
Teamsters VP Gegare to Run Against Hoffa
William B. Cassidy |
Teamsters vice president Fred Gegare will challenge James P. Hoffa next year for the top job at the International Brotherhood of Teamsters.
Trucking labor
Trucking News
Package Shipper Projects 'Prolonged Economic Softness'
John D. Boyd |
The president of paper and packaging giant MeadWestvaco is telling other shippers and rail transportation providers that his company expects “prolonged economic softness” rather than a rob
Rail News
North-American rail
Freight Index Grows 11.1 Percent
JOC Staff |
The Cass Freight Index of U.S.
Transport, Trade and Regulation News
OOCL Gets 32nd Samsung Ship
Peter T. Leach |
Orient Overseas Container Lines took delivery Tuesday of the last in a line of 16 vessels with a capacity of 4,578 20-foot equivalent container units that it ordered from Samsung Heavy Industries.
Maritime
Container lines
Forwarding
Eurotunnel Operator Buys Great Britain Rail Freight
Bruce Barnard |
The operator of the Chunnel between Britain and France is acquiring the UK’s third largest rail freight operator in a bid to boost its cargo traffic between the two countries.
Rail News
Caterpillar to Acquire Electro-Motive Diesel
John D. Boyd |
Heavy equipment manufacturer Caterpillar is buying Electro-Motive Diesel, one of North America’s two major builders of line-haul freight locomotives, from its private equity fund owners for $820
Rail News
EU Investigating Ocean Carrier Pricing
Peter Leach |
The European Union is launching an investigation into whether the largest container lines have engaged in price-fixing, according to the Wall Street Journal.
Maritime
Transport, Trade and Regulation News
Container lines
NAFTA Trade Value Soars 37 Percent
Joseph Bonney |
The value of cross-border road, rail and pipeline shipments between the U.S. and Canada, and the U.S.
Rail News
Trucking News
Manufacturing Index Slips, Inventories Fall
Joseph Bonney |
Manufacturers’ inventories tightened as U.S. factories marked their 10th consecutive month of year-to-year growth, the Institute for Supply Management said today.
Transport, Trade and Regulation News
India's SCI Sees Net Profit Slump
JOC staff |
Net profit for the Shipping Corporation of India fell 60 percent to $82 million in the year ending March 31 as the global economic downturn hit the national carrier.
Maritime
Forwarding
AAUS Carriers, Maersk Add Peak-Season Loop
Peter T. Leach |
The three carriers that belong to the AAUS Group — APL, Hamburg Sud, Hapag-Lloyd and Hyundai Merchant Marine — are teaming up with Maersk Line to add a peak-season service string to the tw
Maritime
Forwarding
Hanjin to Convert to Green Reefers
Peter T. Leach |
Hanjin Shipping said Tuesday it will start converting its fleet of refrigerated containers this month over to what it calls “eco-friendly” reefers.
Maritime
Container lines
Forwarding
Baltimore Eyes Higher Fees for Port Trucks
JOC Staff |
Baltimore city officials are considering raising fees on trucks carrying oversize or overweight loads out of the Port of Baltimore, according to a published report.
Port News
Trucking News
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