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Oakland Puts Off Trucks Vote
Bill Mongelluzzo |
The Oakland Board of Port Commissioners put off for a week a vote on a plan calling for more local control of harbor trucking regulation, but the board said its executive committee will consider an am
Maritime
Trucker Vitran Turns Slim Profit
Thomas L. Gallagher |
Canadian trucker and supply chain manager Vitran returned to profitability in the second quarter, led by its less-than-truckload and logistics businesses.
Trucking News
LTL
Low Demand Cuts TransForce Revenue
Thomas L. Gallagher |
Canadian trucking and logistics operator TransForce earned a $16.6 million profit in the second quarter on revenue of $418.2 million.
Trucking News
LTL
Short Line Traffic Rises for Week
John D. Boyd |
North American short lines got some good news for a change in the latest reading of traffic counts, as an industry index showed the highest shipment counts in a month.
Rail News
Traffic Perks for Large U.S. Railroads
John D. Boyd |
Freight traffic at major U.S.
Rail News
North-American rail
Labor, Business Call for Action on Transport Bill
JOC Staff |
Labor and business interests converged on Capitol Hill June 23 to urge Congress to pass a multi-year transportation bill despite opposition from the White House and Senate.
Transport, Trade and Regulation News
TNT Expands Vietnam Hub
Thomas L. Gallagher |
TNT on Thursday opened its expanded and re-modeled International and Domestic Operations Centre in Ho Chi Minh City.
Transport, Trade and Regulation News
Air Cargo Forwarder News
GATX Profit Plunges
Thomas L. Gallagher |
GATX, a railcar and maritime asset leasing provider, earned a profit of $12.7 million on total gross income of $288.1 million in the second quarter. Gross income was down 24 percent.
Rail News
Forwarding
North-American rail
Truck Maker Scania Loses $19.5 Million
Bruce Barnard |
Scania, the Swedish heavy truck manufacturer, swung to a second quarter net loss of $19.5 million from a year earlier net profit of $395 million on plunging sales and orders.
Trucking News
ProLogis Revenue Falls, but Profit Grows
Alan M. Field |
For the second quarter of 2009, ProLogis, a leading provider of distribution facilities, earned a profit of $238.9 million on revenue of $263.4 million.
Transport, Trade and Regulation News
Union Pacific Profit Drops 12 Percent
John D. Boyd |
Union Pacific Railroad posted a $468 million profit in the April-June quarter, a 12 percent fall in income that was milder than the plunge in traffic counts, as the railroad cut costs and boosted some
North-American rail
Jaxport Cargo Drops in June
Marcy Behrmann Frank |
Cargo moving through the Port of Jacksonville dropped by 20 percent in June, compared with the same month a year ago.
Maritime
Hub Profit Falls 45 Percent
John D. Boyd |
Intermodal firm Hub Group’s 45 percent drop in net profit, to $8.3 million, still left it with “respectable returns even in this difficult freight environment” for all its lines of b
Rail News
Trucking News
Malta Freeport Terminals Gets Large Cranes
Peter T. Leach |
Malta Freeport Terminals, a major Mediterranean transshipment hub, took delivery of four ship-to-shore cranes that are among the largest container cranes in the world.
Maritime
UPS Profit Falls 49 Percent
JOC Staff |
UPS saw its net profit fall 49 percent in the second quarter, to $445 million, and the company said it expected the economy that has cut deeply into shipping demand to remain just as weak in the comin
Air Cargo
Air Cargo Forwarder News
Deutsche Post DHL Profit Plunges 71 Percent
Bruce Barnard |
Lower revenue and bad debts pushed profit in the second quarter down 71 percent for Deutsche Post DHL. The world's biggest logistics company warned of tough market conditions ahead.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Japan's Trade Surplus Makes First Gain Since 2007
Hisane Masaki |
Steep declines in Japanese imports and exports slowed modestly in June, as the country’s trade surplus grew for the first time in 20 months.
Transport, Trade and Regulation News
Kirk Defends "Buy American" Provisions
Alan M. Field |
U.S. Trade Representative Ron Kirk said Wednesday that "Buy American" provisions in the U.S.
Transport, Trade and Regulation News
Shippers to U.S., Canada: Fix Border Problems Now
Courtney Tower |
The Chambers of Commerce in the United States and Canada sharply criticized border crossing procedures in the two countries in a report released Tuesday.
Transport, Trade and Regulation News
DHS Scans 98 Percent of Imports for Radiation
R.G. Edmonson |
Transport, Trade and Regulation News
Lynden International Expands Sales Team
JOC Staff |
Freight forwarder Lynden International brought in experienced account executives in New York and Chicago.
Logistics Technology News
ZIM to Call Da Chan Bay
Thomas L. Gallagher |
Ocean carrier ZIM will use Da Chan Bay Terminal One in Shenzhen, China for services covering the Asia-U.S.
Maritime
Container lines
Forwarding
GENCO Contracts for Dell Remanufacturing
Thomas L. Gallagher |
GENCO Supply Chain Solutions signed a contract to run Dell’s North American remanufacturing operations.
Transport, Trade and Regulation News
CN Builds Jet Fuel Business
John D. Boyd |
At a time when normal rail freight traffic has plunged, Canadian National Railway is revving up its jet fuel hauls at Toronto’s Lester B. Pearson International Airport.
Rail News
North-American rail
TNT Increases Indonesia Service
Thomas L. Gallagher |
TNT is expanding services in the East Kalimantan with the operation of a 737-300 leased cargo freighter to fly the Singapore – Balikpapan route.
Air Cargo
Air Cargo Carriers News
Aramex Joins Cargo 2000
Thomas L. Gallagher |
Global logistics provider Aramex joined Cargo 2000, taking advantage of the quality management system for the global air freight industry provided by the industry group within the International Air Tr
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
U.S. Postal Service Opens First Green Roof
Thomas L. Gallagher |
The U.S. Postal Service this week dedicated its first and New York City’s largest green roof atop the Morgan mail processing facility.
Transport, Trade and Regulation News
YRC's Zollars Apologizes to Teamsters, Hoffa
JOC Staff |
YRC Worldwide Chairman, President and CEO apologized not once but twice to Teamsters General President James P. Hoffa and union employees.
Trucking News
LTL
Trucking labor
Old Dominion Profit Plummets 55 Percent
Thomas L. Gallagher |
Old Dominion Freight Line earned a profit of $10.7 million in the second quarter, down 55 percent from a year ago, as tonnage declined and competitive pricing drove the operating ratio up.
Trucking News
LTL
EU Commits $357M to Rescue Gdansk Yard
Bruce Barnard |
The European Union on July 22 approved $357 million of government aid to Poland’s Gdansk shipyard, birthplace of the Solidarity trade union that played a key role in the collapse of communism.
Maritime
Mobster Convicted of Extorting ILA Local
Joseph Bonney |
Reputed mobster Michael Coppola was convicted of racketeering charges that included extortion of one of the International Longshoremen’s Association’s largest locals for more than 30 years
Maritime
Caterpillar Profit Slides 66 Percent
Thomas L. Gallagher |
Truck and heavy equipment manufacturer Caterpillar earned a much smaller profit in the second quarter as sales dived and the company absorbed the cost of layoffs.
Trucking News
Shippers Back Carrier Pacts
Peter T. Leach |
The Global Shippers Forum today endorsed ocean carrier discussion agreements, vessel-sharing agreements and alliances, but only as long as they are not rate-making agreements and do not hinder competi
Maritime
Manhattan Associates Posts Loss in 2Q
Thomas L. Gallagher |
Supply chain technology provider Manhattan Associates lost $556,000 in the second quarter as revenue fell 35 percent to $58.4 million.
Transport, Trade and Regulation News
Marten Transport Profit Surges 29 Percent
Thomas L. Gallagher |
Significantly lower fuel costs and less purchased transportation reduced operating expenses for Mondovi, Wisc.-based carrier Marten Transport, enabling a 29 percent increase in profit to $4.5 million
Trucking News
C.H. Robinson Boosts Profit in Second Quarter
Thomas L. Gallagher |
Transportation broker C.H. Robinson defied the economy and boosted profit in the second quarter as truckload volume declined less than in the previous three months.
Trucking News
ABF Freight Loses $15 Million
JOC Staff |
Less-than-truckload carrier ABF Freight System lost $15.4 million in the second quarter, the company said July 21, on steep declines in volume and pricing in the trucking business.
Trucking News
LTL
TSA Rule Equalizes Penalty Procedures
R.G. Edmonson |
Government agencies will follow similar procedures no matter who breaks transport security rules.
Transport, Trade and Regulation News
Trucking labor
Senate Panel Proposes HTF Replenishment
R.G. Edmonson |
Senior members of the Senate Finance Committee have filed a bill that takes a first step toward replenishing the Highway Trust Fund.
Transport, Trade and Regulation News
Trucking News
Texas Pilots Settle for 5 Percent Tariff Hike
Janet Nodar |
After two days of hearings, the Board of Commissioners of Pilots for the Ports of Galveston County granted pilots a single five percent tariff increase.
Maritime
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