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Harding Withdraws TSA Nomination
JOC Staff |
Robert Harding, President Obama’s second nominee to head the Transportation Security Administration withdrew from consideration Friday after questions were raised about the former military offic
Transport, Trade and Regulation News
Air Forwarders See Advantage in Open Skies
R.G. Edmonson |
The extension to the Open Skies agreement between the United States and the European Union can benefit air forwarders, according to Brendan Fried, president of the Airforwarders Association.
Air Cargo
Inner Harbor Navigation Canal to Close Monday
JOC Staff |
The first marine closure of the Inner Harbor Navigation Canal for DOTD to do work on the Judge Seeber (Claiborne Ave) Bridge is completed.
Maritime
Geodis Wilson Expansion Bucks Trend In Dubai
Press Release |
In the first of three service developments this year in the United Arab Emirates, global forwarder and logistics services provider Geodis Wilson has opened a new airfreight office in Dubai to support
Rails Carry More Road Construction Materials
John D. Boyd |
Mid-March loadings of basic road and site construction materials by the largest U.S.-owned railroads reached their highest levels since August.
Rail News
North-American rail
WTO Forecasts 9.5 Percent 2010 Trade Growth
Peter T. Leach |
After the sharpest decline in more than 70 years, world trade is set to rebound in 2010 by growing at 9.5 percent, the World Trade Organization said Friday.
Transport, Trade and Regulation News
Short Lines See Strong, Steady Traffic
John D. Boyd |
North America’s short line railroads saw traffic ebb slightly for the week ending March 20 from the prior seven days, but carriers reporting to the RMI RailConnect index still had their third co
Rail News
Green Groups Praise UN Action on Emissions
Bill Mongelluzzo |
Environmental groups praised the International Maritime Organization’s decision to allow creation of an emissions control area that will reduce diesel emissions from vessels within 200 miles of
Maritime
GDP Revised Down from 5.9 to 5.6 Percent
Thomas L. Gallagher |
The U.S.
Transport, Trade and Regulation News
Air Carriers Seek United Approach on Climate
Air Cargo World |
Prompted by the forthcoming International Civil Aviation Organization meeting on climate change, the world’s regional airline associations in a joint statement reaffirmed their position on the n
Air Cargo
Latin America Airlines Profit amid Crisis
Air Cargo World |
Latin America transformed its air transport industry in the past decade and is the only region to show a profit in 2009 and 2010, said IATA Director General and CEO Giovanni Bisignani in Chile this we
Air Cargo
BA World Cargo Joins Security Network
Air Cargo World |
Following last week's announcement of a tie-up between DHL and American Airlines for cargo security, AA's North Atlantic partner British Airways World Cargo said it will join the group.
Air Cargo
UN Group OKs First Emissions Control Area
R.G. Edmonson |
The International Maritime Organization on Friday approved an Emissions Control Area for the waters off the United States and Canada.
Maritime
Maersk Line Joins Vietnam Gold Rush
Peter T. Leach |
Maersk Line plans to add a direct, all water call from South Vietnam to the U.S. West Coast to its Trans-Pacific 6 service.
Maritime
Container lines
Forwarding
Rising Container Capacity Threatens Liner Recovery
Bruce Barnard |
Ocean container carriers are set to boost capacity by around 785,000 20-foot equivalent units in the coming four months, threatening the recent rise in liner freight rates, a leading industry analyst
Maritime
Container lines
Forwarding
Open Skies Deal Fails to Boost Cargo, Say Airlines
Bruce Barnard |
A second stage open skies aviation agreement between the European Union and the United States this week drew criticism from the airline industry for failing to make progress toward a fully open trans-
Air Cargo
Air Cargo Carriers News
Truck Tonnage Increases 2.6 percent
Thomas L. Gallagher |
Truck tonnage increased 2.6 percent last month, compared with February 2009, according to the American Trucking Associations’ advance seasonally adjusted index.
Trucking News
LTL
INTTRA Expands into East Asia
Peter T. Leach |
With a wallet full of fresh investment capital from ABS Capital Partners, INTTRA is expanding its e-commerce booking services into East Asia with the opening of a new development center in China and a
Maritime
Container lines
Forwarding
Navistar Expands Menlo Logistics Partnership
John D. Boyd |
Heavy truck and engine maker Navistar is bringing Menlo Worldwide Logistics in to help manage its domestic as well as its global supply chain, thereby expanding their partnership to cut the manufactur
Trucking News
Seaway Navigation Season Opens
Courtney Tower |
The St. Lawrence Seaway opened its 2010 navigation season Thursday expecting a 10 percent to 12 percent increase in tonnage this year from the lowest levels in half a century in 2009.
Maritime
Asia Air Freight Jumps 29.8 Percent
JOC Staff |
Freight traffic for Asia-Pacific airlines jumped 29.8 percent in February over the same month a year ago amid signs the rapid upturn in air cargo demand was leveling off.
Air Cargo
CEVA Refinances $1.33 Billion in Debt
JOC Staff |
Logistics provider CEVA Group refinanced some $1.33 billion in debt this week, extending the maturity date and giving the company greater financial flexibility.
Transport, Trade and Regulation News
Zim Swings to Q4 Profit, Ends Year Deep in Red
Bruce Barnard |
Zim Integrated Shipping Services swung to a net profit of $81 million in the fourth quarter of 2009 from a $199 million loss a year ago as it increased container traffic from the previous three months
Maritime
Container lines
JAL Will End Freighter Service
JOC Staff |
Japan Airlines will stop operating freighters this fall, succumbing to a steep decline in cargo demand, the airline announced Thursday as the carrier disclosed details of its restructuring through ban
Air Cargo
Air Cargo Carriers News
Deutsche Bahn Income, Revenue Drop
Bruce Barnard |
Germany's Deutsche Bahn, Europe's biggest railway, reported steep declines in 2009 income and revenue from a year ago driven by a slump in rail freight volume.
Rail News
Chapman Freeborn Appoints New U.S. President
Janet Nodar |
Aircraft charter specialist Chapman Freeborn Airchartering appointed Gavin-jon Deeks president of U.S. operations, headquartered in Fort Lauderdale, Fla.
Air Cargo
Air Cargo Carriers News
Antwerp Port Opens Second Office in India
Janet Nodar |
Prince Filip of Belgium and Port of Antwerp alderman Marc Van Peel today opened the port’s second Indian branch office in the city of Pune.
Maritime
West Gulf Maritime Association Appoints Executives
Janet Nodar |
The West Gulf Maritime Association promoted Niels Aalund to senior vice president of maritime affairs. Aalund joined WGMA in late 2005 as vice president of maritime affairs.
Maritime
UTi Swings to Profit
Thomas L. Gallagher |
Forwarder UTi Worldwide swung to a $1.5 million net profit in its fourth fiscal quarter ended Jan. 31 from an $89.8 million loss in the same period a year earlier.
Air Cargo
Truck brokers
YRC Worldwide Stock Shoots Up 20 Percent
William B. Cassidy |
The value of YRC Worldwide’s stock climbed nearly 20 percent yesterday, rising from 45.5 cents to 56 cents a share on the Nasdaq stock exchange.
Trucking News
LTL
Trucking labor
Grand Alliance Adds Direct Vietnam Call
Peter T. Leach |
Grand Alliance member carriers Hapag-Lloyd, NYK, and OOCL plan to add a direct call at Vietnam’s Cai Mep deepwater port to their South China Sea Japan Express starting in May.
Maritime
Container lines
Forwarding
MISC Berhad Launches East India Container Service
JOC Staff |
MISC Berhad launched a container service, called the East India Service (EIS), connecting Yangon, Myanmar, and Chennai, India.
Maritime
Container lines
Forwarding
Maersk Exec Says Container Shipping ‘Fragile'
Peter T. Leach |
The global container shipping industry should go slow in bringing back to service hundreds of ships idled during the recession, otherwise the sector will extend losses which are estimated at $15 billi
Maritime
Container lines
Forwarding
Ports America Appoints New CEO
Peter T. Leach |
Ports America, the largest U.S. terminal operator, named a new president and CEO from outside its ranks on Thursday.
Maritime
Forwarding
Businesses Seek Relief from Rocketing Pension Costs
William B. Cassidy |
A business-backed coalition is pressing the House of Representatives to act quickly on pension funding reform before April deadlines that affect defined benefit plans.
Transport, Trade and Regulation News
Trucking labor
DOT Rebuffs New Talk of Raising Fuel Taxes
John D. Boyd |
President Obama remains opposed to raising federal fuel taxes while the economy is trying to recover despite calls in Congress to increase those fees to fund new legislation, said Deputy Transportatio
Transport, Trade and Regulation News
Trucking News
Chinese pipes delivered to Iraq
JOC Staff |
A shipment of 857 pieces of carbon steel seamless pipe from China was successfully delivered recently to North Oil Co. — a division of the Iraqi Ministry of Oil — in Kirkuk, Iraq.
Forwarding
Small Port, Big Plans
JOC Staff |
Operating in the shadow of one of the world’s biggest container ports might intimidate a much smaller neighbor, but it hasn’t fazed the Port of Jurong in Singapore.
Forwarding
Power on Demand
Leticia Lozano |
Although Colombia relies on hydroelectric power for its basic electricity supply, when rainfall is low, the country turns to power plants run by natural gas and other fuels.
Forwarding
Colombia’s Road Ahead
Leticia Lozano |
The secret to moving project cargo in Colombia is improvization, companies such as Kuehne + Nagel say.
Forwarding
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