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Belgian Post Buys MSI Stake
Bruce Barnard |
De Post-La Poste, Belgium's national postal operator, acquired a majority stake in MSI Worldwide Mail, a U.S.-based mail and parcel delivery company.
Air Cargo
Air Cargo Forwarder News
Report Says Ships, Aircraft Could Cut Pollution
Joseph Bonney |
Operational and design changes in global aviation and marine transportation could reduce growth in greenhouse gas emissions by more than 50 percent by 2050, according to a new report from the Pew Cent
Maritime
Air Cargo
YRC to Take Debt Swap to Shareholders
William B. Cassidy |
Fresh from winning the bondholders it needed to complete its debt-for-equity swap, YRC Worldwide is preparing to take the swap to its shareholders for their approval.
Trucking News
LTL
DHL Sells UK Parcel Business
Peter T. Leach |
DHL sold its domestic parcel service in the United Kingdom to the Home Delivery Network, the company said Tuesday, extending DHL’s move toward international and logistics services.
Air Cargo
Hanjin Shipyard to Cut Workforce 30 Percent
Peter T. Leach |
Hanjin Heavy Industries and Construction, Korea’s fifth-largest shipyard, plans to cut its shipbuilding workforce by at least 30 percent to help overcome a management crisis arising from a world
Maritime
Container lines
Forwarding
Wal-Mart Squeezes Costs from Supply Chain
William B. Cassidy |
Wal-Mart Stores plans to squeeze billions of dollars out of its supply chain this year by purchasing more goods direct from manufacturers, cutting out third-party suppliers.
Transport, Trade and Regulation News
Customs Proposes Centralizing Continuous Bonds
R.G. Edmonson |
U.S.
Transport, Trade and Regulation News
Aegean Marine Buys Verbeke Bunkering
Peter T. Leach |
Aegean Marine Petroleum announced Monday it is buying Verbeke Bunkering, which supplies bunker fuel in the Antwerp-Rotterdam-Amsterdam region, the world's second largest bunkering market.
Maritime
Amsterdam Schiphol Cargo Falls 18.4 Percent
Bruce Barnard |
Freight traffic at Amsterdam Schiphol Airport slumped by almost a fifth in 2009.
Air Cargo
Air Cargo Carriers News
U.S. Shipments Grow for First Time Since 2007
JOC Staff |
A closely watched measure of U.S. domestic shipping grew on a year-over-year basis for the first time in two years in December, inching upward 1.9 percent.
Transport, Trade and Regulation News
Container Ship Capacity Shrunk in 2009
Bruce Barnard |
The active capacity of the world's 20 largest ocean container carriers shrunk by 2.4 percent over the past year, but there was relatively little change in their global market shares.
Maritime
Container lines
Forwarding
Environmental Groups Sue Long Beach
Bill Mongelluzzo |
Environmental groups are suing the Port of Long Beach and the American Trucking Associations, claiming a settlement involving the port’s clean trucks program is illegal and should be thrown out.
Maritime
Trucking News
Calif. Pledges $11 Million for Clean-Diesel Trucks
Bill Mongelluzzo |
A potential shut-down of the Port of Oakland by harbor truck drivers was averted Monday when the California Air Resources Board pledged to give truckers $11 million in grant money so they will be able
Maritime
Port Montreal Sees Gradual Recovery in 2010
Courtney Tower |
The Port of Montreal is seeing 2010 in with expectations of “a gradual but slow recovery” after a traffic decline unusual in recent years began to stabilize in the final months of 2009.
Maritime
Forwarding
Hearings Scheduled on Trucker Hours of Service
William B. Cassidy |
Federal regulators will start hearings around the country this month on plans to rewrite controversial hours-of-service rules for truck drivers.
Trucking News
LTL
Trucking labor
Horizon Lines Switches Oakland Terminals
Peter T. Leach |
Horizon Lines said it switched terminals in Oakland to the terminal operated by Ports America to handle cargo moving through Oakland between the U.S. mainland, Hawaii, Guam and Micronesia.
Maritime
Container lines
Forwarding
BNSF’s Branscum Named IANA Chairman
John D. Boyd |
The Intermodal Association of North America has named industry leaders Stephen Branscum of BNSF Railway and David Howland of Schneider National as chairman and vice chairman for 2010.
Rail News
North-American rail
States Push for Funding Extension
R.G. Edmonson |
States won a limited reprieve in December in their struggle to preserve the amount of federal funds they can authorize for transportation projects, and they could add $12 billion if the Senate acts qu
Transport, Trade and Regulation News
Irish Logistics Company Buys NAL Worldwide
Thomas L. Gallagher |
Privately owned logistics company Syncreon purchased Illinois-based NAL Worldwide Holdings for an estimated $35 million.
Transport, Trade and Regulation News
Coal Hauls Plunge at Big Railroads
John D. Boyd |
Buffeted by a major winter storm that socked much of the Appalachian coal mining region in the week of Christmas, major U.S.
Rail News
North-American rail
Swiss WorldCargo to Fly to San Francisco
Bruce Barnard |
Swiss WorldCargo said it will launch daily flights between Zurich and San Francisco in early June, effectively doubling freight capacity between its European cargo hub and the U.S. West Coast.
Air Cargo
Air Cargo Carriers News
U.S. Manufacturing Expands in December
Thomas L. Gallagher |
U.S. manufacturers carried their expansion into a fifth consecutive month in December, according to a monthly survey by the Institute for Supply Management.
Transport, Trade and Regulation News
Hyundai Ship Orders Fall 61 Percent
Thomas L. Gallagher |
New orders at Hyundai Heavy Industries fell 61 percent in 2009. The world’s largest shipbuilder forecasts lingering effects from containership overcapacity through this year.
Maritime
Container lines
Forwarding
Chinese Manufacturing Surged in December
Thomas L. Gallagher |
Two reports on Chinese manufacturing showed production at the country’s factories surged in December, pointing to a full recovery in 2010.
Transport, Trade and Regulation News
DP World OKs Thames Terminal
Bruce Barnard |
DP World, the global container terminal operator, on Jan.
Maritime
Forwarding
Maersk Hikes South Asia-Middle East-Europe Rates
JOC Staff |
Maersk Line announced Monday it will implement a general rate increase on westbound dry cargo moving from South Asia and the Middle East to destinations in North Europe and the Mediterranean.
Maritime
Container lines
Hamburg Sud Boosts Eastbound Trans-Atlantic Rates
JOC Staff |
Hamburg Sud said Monday it will apply a general rate increase to all containerized cargo moving from the United States and Canada to Europe as of Feb. 15.
Maritime
Container lines
Chicago Program Opens New Rail Link
John D. Boyd |
Chicago’s multi-layered plan to revamp rail connections in the city and region just checked its $13.1 million McCook Connection off its list, improving links between several freight carriers and
Rail News
North-American rail
Packaging Up Rate Hikes
JOC Staff |
Weak economy and all, FedEx celebrated a record day in its express division on Dec.
Transport, Trade and Regulation News
Schneider Shortens Its Haul
William B. Cassidy |
With their striking orange-on-black color scheme, Schneider Regional trucks are the reverse image of Schneider National’s familiar black-on-orange units.
Trucking News
Trade Group to Boost Seafarers’ Health
Peter T. Leach |
Ship owners and managers and others in the industry launched a new trade association at the Baltic Exchange in London on Monday with a broad mandate to represent and promote the health and medical int
Maritime
Container lines
Forwarding
Crunch Time for Europe’s Ports
Bruce Barnard |
European ocean carriers may be hurting, but they’re not finding any haven from the recession in Europe’s ports, where 2010 is already shaping up as a make or break year for some oper
Maritime
Catching Their Breath
Bill Mongelluzzo |
If drayage operators had any question that polluting trucks have no future in California, clean-trucks plans implemented at the port and state levels at the start of the new year should dispel a
Port News
Maritime
Trucking News
Transport, Trade and Regulation News
All the King’s Men
Peter T. Leach |
CMA CGM’s new $500 million line of credit will buy the company time to rebuild its finances, but the world’s third-largest container line already is reconstructing its business.
Maritime
Container lines
Gaps in Service Growing
Peter T. Leach |
Cynicism is growing among many shippers besieged with notices of freight rate increases that note ocean carriers are seeking to maintain services.
Maritime
Container lines
French Container Traffic Stops
Bruce Barnard |
Container handling came to a standstill Monday at France’s seven largest ports as dockworkers staged the first of two 24-hour strikes to protest government reforms of box terminal operations.
Maritime
Forwarding
Flynn at the Doorstep
R.G. Edmonson |
As a fellow at the Council on Foreign Relations, Stephen E. Flynn was an outspoken critic of U.S. supply chain security policy.
Transport, Trade and Regulation News
Facing a Long Track
John D. Boyd |
It took all of 2009 to get a landmark rail regulatory overhaul bill through the Senate Commerce, Science and Transportation Committee.
Transport, Trade and Regulation News
Rail News
Clouds of Controversy
David Biederman |
Ongoing battles over proposed cap-and-trade legislation and efforts by ports to gain more control over harbor trucking will carry over into 2010.
Transport, Trade and Regulation News
Trucking News
Sustainability Proves Sustainable
David Biederman |
The supply chain executive suite is looking pretty green for 2010, but it isn’t because of the color of money.
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