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A ‘Transformative’ DOT Strategy
JOC Staff |
The Department of Transportation’s policy plans for 2010-2015 would: -- Focus transportation policy on “achieving strategic outcomes” in broader national goals.
Transport, Trade and Regulation News
Trucking News
Who Gets the Subsidies?
William B. Cassidy |
The ports of Los Angeles and Long Beach spent almost $80 million combined on incentives to get carriers and owner-operators driving clean diesel trucks.
Transport, Trade and Regulation News
Trucking News
North American ports
Trucking labor
This Week in The Journal of Commerce - May 17, 2010
JOC Staff |
Asia-Europe Trade Extends Rally
Shippers Rally, Railroads Dig In
John D. Boyd |
A rail customers’ rally, held at the outset of a day of lobbying on Capitol Hill, was one part reunion and one part backslapping celebration as shippers and their advocates reveled in what they
Transport, Trade and Regulation News
Rail News
Screening Safety at the Border
R.G. Edmonson |
When Congress gave the Consumer Product Safety Commission new authority and responsibility over children’s products in 2008 following widespread reports of tainted imports, the agency seemed to
Transport, Trade and Regulation News
Reality CheckPoint
Susan Kohn Ross |
February’s Customs Update addressed the growing problems caused by corporate identity theft and its impact on international trade (“Protecting Your Identity,” The Journal of Commerc
Transport, Trade and Regulation News
Recovery Resounds at Echo
William B. Cassidy |
The sound reverberating from Echo Global Logistics is the boom created by its rocketing sales.
Transport, Trade and Regulation News
Echo’s Lone Trucker
William B. Cassidy |
Although Echo Global Logistics is grounded in trucking, “I’m kind of the only trucker here,” CEO Doug Waggoner said. That’s an advantage for Waggoner and Echo.
Transport, Trade and Regulation News
A Lakefront Container View
Peter T. Leach |
Ports on the Great Lakes, which traditionally handle dry and liquid bulk, breakbulk and project cargo, are looking at a future with containers.
Maritime
Forwarding
Profits From the French Connection
Peter T. Leach |
One by one, the major shipping lines pushed to the brink of bankruptcy have received financial infusions enabling them to survive.
Maritime
Container lines
Forwarding
Cautious on the Climb
Bruce Barnard |
Barely a week after reporting the worst financial results in its four-decade history, freighter operator Cargolux announced its first round-the-world service with an ambitious Europe-Asia-North Americ
Air Cargo
Air Cargo Carriers News
Spotlight on Port Truckers
William B. Cassidy |
For a few hours this month, Congress trained a spotlight on someone rarely noticed in Washington — the trucker who works the nation’s ports, hauling containers from docks to distribution p
Transport, Trade and Regulation News
Trucking News
North American ports
Trucking labor
David vs. Goliath On the Pacific
Bill Mongelluzzo |
At first blush, it makes sense that start-up carrier The Containership Co. chose the new Port of Taicang as its home base in China, but CEO Jakob Tolstrup-Moller said it was the other way around.
Maritime
Container lines
Forwarding
Dark Tidings
Janet Nodar |
Nearly a month after an explosion destroyed the BP/Transocean Deepwater Horizon deep-sea drilling rig in the Gulf of Mexico, oil was still gushing from two leaks in the rig’s shattered well hous
Maritime
Forwarding
Con-way’s Costly Dilemma
William B. Cassidy |
Profitability and higher pricing evaded Con-way Freight in the first quarter, despite a 34.8 percent surge in freight tonnage that filled the carrier’s less-than-truckload network.
Trucking News
Chamber’s Donohue Seeks Broader U.S. Trade Agenda
JOC Staff |
The nation’s top business lobbyist today called on the Obama administration and Congress to adopt a “robust trade expansion program” and create as many as 20 million U.S.
Transport, Trade and Regulation News
CMA CGM Adds Calls to Asia-Gulf of Mexico Service
Thomas L. Gallagher |
CMA CGM will add calls at Mobile, Ala., and Pusan, Korea, to its Asia-Gulf of Mexico service, effective May 20, the company announced Friday.
Maritime
Container lines
Forwarding
DOT May Release Mexican Trucking Plan Within Week
William B. Cassidy |
The Department of Transportation is expected to brief members of the House Transportation and Infrastructure Committee on a plan for cross-border trucking with Mexico before Mexican President Felipe C
Trucking News
Shippers, Carriers Join in Clean-Trucks Initiative
Bill Mongelluzzo |
Retailers, motor carriers and environmentalists have joined forces in the Southeast to develop a clean-air initiative to reduce harmful emissions from harbor trucks.
Maritime
Forwarding
Intermodal Marketers Cut Truck Moves
John D. Boyd |
Intermodal marketing companies tilted their traffic share much more toward rail-truck combination moves in the first quarter and away from all-highway loads, according to the Intermodal Association of
Rail News
Trucking News
Truck brokers
Businesses Push for U.S.-Canada Procurement Pact
William B. Cassidy |
Cross-border trade with Canada isn't just about sales and profit, it's about millions of jobs, U.S. and Canadian business executives told members of Congress this week.
Transport, Trade and Regulation News
Trucking News
Inventories Grow, Factory Production Increases
Joseph Bonney |
U.S. industrial production rose during April as businesses restocked inventories in response to rising demand, the government said Friday.
Transport, Trade and Regulation News
Rail Chief Blasts Shipper Activists on Regulation Law
John D. Boyd |
The CEO of Norfolk Southern Railway told investors that railroads are fighting a group of “cynical and short-sighted” shippers who are pursuing a new federal regulatory bill that jeopardiz
Rail News
APL Parent Narrows Loss to $98 Million
Joseph Bonney |
Neptune Orient Lines, Singapore-based parent of ocean container carrier APL, narrowed its first-quarter net loss to $98 million from $245 million a year earlier and said trends point to a return to pr
Maritime
Container lines
Forwarding
Savannah Uses Green Technology to Maintain Depth
Peter T. Leach |
The Port of Savannah is using a modified silt suspension system to maintain a depth of 48 feet at four of its Garden City Terminal berths and to increase oxygen levels in the river.
Maritime
Forwarding
Retail Sales Climb for Seventh Straight Month
Thomas L. Gallagher |
Retail sales last month climbed to $366.4 billion, up 0.4 percent from March to April, according to a report Friday from the U.S. Census Bureau.
Transport, Trade and Regulation News
Domestic Intermodal Soars 35 Percent at NS
John D. Boyd |
Norfolk Southern Railway’s domestic intermodal business grew 35 percent year-over-year in April, expanding at a faster pace than even a robust first quarter for the business, Chairman, President
Rail News
North-American rail
DHS Unveils Security Grants of $789 Million
John D. Boyd |
The Department of Homeland Security will issue new security grants for critical infrastructure that total $789 million, covering ports, freight rail and transit systems plus buffer zones around sensit
Transport, Trade and Regulation News
Domestic Intermodal Leads 8.4 Percent 1Q Gain
John D. Boyd |
First-quarter intermodal shipments across North America rose 8.4 percent, as domestic rail-truck moves outpaced even a sharp rebound in international containers placed aboard trains.
Rail News
Trucking News
North-American rail
Senator Calls Bersin Documentation Gaps 'Unacceptable'
R.G. Edmonson |
Members of the Senate Finance Committee took Customs and Border Protection Commissioner Alan Bersin to task during his confirmation hearing Thursday for failing to fill out immigration forms to ver
Transport, Trade and Regulation News
Increased Demand Expedites Express-1 Recovery
William B. Cassidy |
Revenue shot up 58 percent in the first quarter at ground and air carrier Express-1 Expedited Solutions, rising to $31.6 billion, as the economic recovery fueled sales.
Trucking News
Air Cargo Forwarder News
Foster, Portec Extend Merger Date
John D. Boyd |
Rail equipment makers L.B.
Rail News
APM Terminals Closes Deal to Lease Virginia Terminal
Peter T. Leach |
APM Terminals reached a tentative agreement Thursday to lease its showcase $500 million terminal in Portsmouth, Va., to the Virginia Port Authority for 20 years.
Maritime
Freight Tonnage Set to Grow 25 Percent by 2021
William B. Cassidy |
The nation's freight tonnage shrank almost 13 percent last year, but is set to expand 25 percent by 2021, according to a report by the American Trucking Associations.
Trucking News
LTL
North-American rail
Truckload Spot Freight Hits Two-Year High
William B. Cassidy |
Truckload spot freight volume jumped 291 percent in April from the same month a year ago, hitting its highest level since June 2008, according to TransCore.
Trucking News
Con-way Sets Sale of 4.3 Million Shares
JOC Staff |
Con-way will sell some 4.3 million shares of its stock in a special offering aimed at bringing new cash into the trucking and logistics company for what Con-way said would be “general corporate
Trucking News
LTL
P&G Exec Seeks Thinner U.S.-Canada Border
William B. Cassidy |
The United States and Canada need to emulate businesses pursuing a "single market" strategy for trade and security, a top Procter & Gamble executive says.
Transport, Trade and Regulation News
Felixstowe Cuts Carbon Emissions 8 Percent
Thomas L. Gallagher |
The Port of Felixstowe reduced its carbon emissions 8.3 percent in 2009 compared with the previous year, the port announced in its annual Environmental Report.
Maritime
Forwarding
Owners Bring 18,000 Railcars Back to Service
John D. Boyd |
Railroads, shippers and leasing firms activated about 18,000 idled railcars of various cargo types during April, a slowdown from the pace of recent months.
Rail News
North-American rail
European Short Sea Line DFDS Profit Grows
Bruce Barnard |
DFDS, the leading north European short sea shipping line, reported sharply higher earnings and revenue in a "considerably better than expected" first quarter buoyed by rising roll-on, roll-o
Maritime
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