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DOT Stimulus Payouts Approach $8 Billion
John D. Boyd |
The Department of Transportation ended 2009 with $7.955 billion in money already disbursed from last February’s stimulus program, up about $1.4 billion from the end of November.
Transport, Trade and Regulation News
Shipping’s Big Shadow
Joseph Bonney |
If there’s a constant theme in freight transportation’s evolution in recent times, it’s that bigger is better.
Maritime
Container lines
Forwarding
Transport Employment Fell in December
John D. Boyd |
U.S. rail and water transport jobs edged up slightly in December, but the larger trucking and air sectors continued to cut back.
Transport, Trade and Regulation News
Trucking labor
Maersk Clerk Charged with $250,000 Wire Fraud
JOC Staff |
Prosecutors in the U.S. Attorney's Office for Western Washington charged a clerk for Maersk with stealing more than $250,000 from the company by means of a long-running wire fraud.
Maritime
Container lines
Forwarding
Seaspan Gets 43rd Containership
Peter T. Leach |
Seaspan on Jan. 8 took delivery of its latest containership. The MOL Empire from Hyundai Heavy Industries has a capacity of 5,100 20-foot equivalent units.
Maritime
Container lines
Forwarding
Retailers Taking Stock Out
Peter T. Leach |
Although the surge in fourth-quarter imports offered some hope U.S.
Transport, Trade and Regulation News
The Tracks Barely Buckle
John D. Boyd |
North America’s railroads face challenges in 2010 notably different from those most freight-hauling industries must deal with: how to generate better results after what in many ways was a banner
Rail News
Seeds of Growth
R.G. Edmonson |
This year promises to be the second-best year ever for agricultural exports, according to the U.S. Department of Agriculture.
Transport, Trade and Regulation News
Trucking’s New Normal’ Has a Long History
Noel Perry and Larry Gross |
Last year was a normal year for trucking. Of course, 2009 was not a normal year when measured against averages.
A Rebound in the Air?
Ian Putzger |
How do you budget for air cargo costs when pricing is on a wild roller coaster? Presented with serious backlogs at major Asian gateways, airlines spent much of October and November pushing up rates.
Air Cargo
Electronics Proving Semi-Tough
Ian Putzger |
Despite a drop of more than 10 percent in sales for a foundation of the electronics industry, the Semiconductor Industry Association raised projections for the year ahead, based on better-than-expecte
Air Cargo
Air Cargo Carriers News
Breakbulk’s Delayed Reaction
Joseph Bonney |
Breakbulk shippers and carriers were spared the worst of the global recession last year, but they may be less fortunate in 2010.
Maritime
Forwarding
Hardly Set in Concrete
R.G. Edmonson |
Money from the 2009 economic stimulus will become highways, bridges, airports and mass transit systems in 2010, and that’s welcome news to members of the American Road & Transportation Builders Associ
Transport, Trade and Regulation News
Pharmaceuticals Resilient
Ian Putzger |
To judge from the number of carriers and logistics providers that unveiled temperature-controlled products in 2009, the industry sector was a bastion of stability in a crumbling world.
Air Cargo
Air Cargo Carriers News
Transport, Trade and Regulation News
Fraying at the Seams
Alan M. Field |
The worst of the recession may be over for U.S. apparel importers and retailers, but the industry may have suffered some permanent damage. U.S.
Transport, Trade and Regulation News
Carving a Market
John D. Boyd |
Rail executives, transportation analysts, economists and commodity specialists are looking to the housing market for signs of the direction of lumber shipments, but the market has been sending mixed m
Rail News
Trans-Pacific’s Rate of Improvement
Bill Mongelluzzo |
Never mind the market trends, there’s one reason shipping, rail and trucking executives may be looking at this year with optimism for freight volume and even some measure of profitability.
Maritime
Container lines
Forwarding
‘People Need to Eat’
William B. Cassidy |
If any segment of the trucking industry were naturally resistant to recession, it would be food hauling and refrigerated transport.
Trucking News
Shipper Roundtable: 2010: A Space Odyssey
JOC Staff |
If this were a movie, we’d call it “What Shippers Want.” As the first decade of the new millennium wound down, The Journal of Commerce hosted its 2nd Annual Shippers Roundtable to ta
Transport, Trade and Regulation News
Uploading a Recovery
Alan M. Field |
When the worst recession in a generation spread throughout the global trade community, it became harder for shippers to ignore potential benefits of the latest Web-based electronic technologies for ma
Transport, Trade and Regulation News
Screening Deadline Approaches
JOC Staff |
The air freight industry faces an August deadline to meet U.S. government mandates to have 100 percent of the cargo on passenger aircraft screened.
Air Cargo
Air Cargo Carriers News
Transport, Trade and Regulation News
Safe in Port
Joseph Bonney |
If there’s any safe harbor from the container shipping’s financial hurricane, it’s marine terminals.
Maritime
The ACE Headache
R.G. Edmonson |
A big concern for the trade community this year can be summed up in three letters: A-C-E.
Transport, Trade and Regulation News
The Outsourcing Question
Alan M. Field |
The global economic downturn is creating significant challenges for anyone managing the movement of goods, but experts say it also is creating new opportunities for third-party logistics providers.
Transport, Trade and Regulation News
Setting the Stage
Peter T. Leach |
With the holidays come and gone, international shippers and ocean carriers are asking whether the rate hikes carriers got last fall on their Asia-Europe and trans-Atlantic services will hold through t
Maritime
Container lines
Forwarding
Girding for Recovery
Alan M. Field |
Although the worst seems to be over in the construction equipment and steel sectors, levels of production and trade remain low, and no one expects the recovery to be rapid.
Transport, Trade and Regulation News
Trading in Hopes
Alan M. Field |
Barack Obama’s first year as president had little impact on the global trade community because his administration has zeroed in on several other issues as its top priorities: Health-care reform,
Laying New Regulation
John D. Boyd |
Rail freight shippers in the United States have plenty of reason to see 2010 as a time when government actions could fundamentally reshape their industry.
Transport, Trade and Regulation News
Rail News
‘Cautious’ Trucking Rolls Into 2010
William B. Cassidy |
Trucking executives rolled into 2010 hoping business, if not much better, would not be any worse than in 2009. But they aren’t expecting much of a boost early in the year.
Trucking News
Clouded by Coal Dust
John D. Boyd |
The future of coal is not what it used to be, and that simple fact can alter the business model for freight railroads.
Rail News
The Paper Tiger
Bill Mongelluzzo |
The U.S. is exporting more wastepaper to Asia, and that’s a good sign for the global economy.
Maritime
Forwarding
Truckload Demand Rising, Morgan Stanley Says
William B. Cassidy |
Truckload demand gained strength in early 2010, with little sign of a post-holiday downturn, according to Morgan Stanley.
Trucking News
Illinois Weighs In on Asian Carp Case
R.G. Edmonson |
The state of Illinois returned fire Jan. 5 in the escalating legal battle over closure of locks on the waterways linking Lake Michigan to the Mississippi-Illinois river system.
Maritime
Khouri Sworn In on Federal Maritime Commission
R.G. Edmonson |
The Federal Maritime Commission’s newest member, Michael A. Khouri, was sworn in on Jan. 7, the commission announced.
Transport, Trade and Regulation News
Metro Ports Announces New Personnel
JOC Staff |
Metro Ports recently announced three new personnel appointments: Patrick Furrow, senior VP HR & administrative services; Kenneth Keane, director, safety; and Steve Mathis, director, business devel
BNSF Names Wise Vice President, Network Strategy
JOC Staff |
FORT WORTH, Texas, Jan.
Nelson Balido Named New Border Trade Alliance President
JOC Staff |
PHOENIX – The Border Trade Alliance (BTA) today announced that Nelson Balido has been hired as the organization’s new president.
GE Sells 50 Locomotives in Brazil
John D. Boyd |
GE Transportation will deliver 50 new freight locomotives to Brazilian sugar and ethanol producer Cosan, with the engines built in the United States and the locomotive structures in Brazil.
Rail News
Central Transport Expands in Detroit
William B. Cassidy |
Detroit billionaire and bridge-owner Manuel "Matty" Maroun may oppose a government-owned span linking the Michigan city and Canada, but that won't stop him from setting up trucking operation
Trucking News
LTL
Old Dominion Hikes Rates
Thomas L. Gallagher |
Old Dominion Freight Line will raise its rates an average of 4.4 percent, effective Jan. 18, the regional less-than-truckload carrier said Friday.
Trucking News
LTL
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