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Playing ‘Chicken’ on the River
Janet Nodar |
An unnerving game of “chicken” played out on the lower Mississippi River recently.
Maritime
Transport, Trade and Regulation News
Forwarding
Wharf, rail projects under way at Beaumont
Janet Nodar |
While many ports in the Gulf region are focused on waterside projects, the Port of Beaumont, Texas, this summer will begin a long-awaited project to reconfigure the port’s railyard, moving it from the
Maritime
Forwarding
Shoaling Up, Digging Deeper
Janet Nodar |
Of the roughly $1.7 billion in stimulus funds allocated to navigation needs including maintenance and construction, more than $356 million is heading to the U.S.
Maritime
Forwarding
Hurricane Supplement Fills the Breach
Janet Nodar |
The Calcasieu Ship Channel, which serves the Port of Lake Charles, is only recently back to its project depth of 40 feet after several years of falling short.
Maritime
USSM Founder Vulovic Dies
JOC Staff |
Radoje “Rod” Vulovic, 67, a founder and chief operating officer of U.S. Ship Management, died Friday in Charlotte, N.C., after a prolonged illness, his business partners announced.
Maritime
Container lines
Port Nehru Seeks Help for Congestion
JOC Staff |
A severe terminal congestion at India’s Port of Jawaharlal Nehru prompted port management to seek immediate intervention with Container Corp.
Maritime
Container lines
Forwarding
LA/LB Scramble to Improve Reputation
Bill Mongelluzzo |
The ports of Los Angeles and Long Beach are working overtime to change their reputation among cargo interests as being the nation’s high-cost, business-adverse gateway for trade with Asia.
Maritime
North American ports
Long Beach Denies Dispute With Canada
Courtney Tower |
The sound today at the Port of Long Beach, and among angry Canadian ports, is the sound of wind rushing out of the sails of a dispute over alleged port subsidies.
Maritime
YRC Won't Seek Bailout
Thomas L. Gallagher |
YRC Worldwide did not apply for relief under the Troubled Asset Relief Program, the Associated Press reported June 12.
Trucking News
LTL
Jet Fuel Price Jumps 10 Percent
JOC Staff |
Jet fuel prices in New York soared an average of 17.2 cents, or more than 10 percent, the first week of June to the highest levels so far in 2009, according to the U.S.
Air Cargo
EU Approves German-Polish Rail Merger
Bruce Barnard |
European Union competition regulators on June 12 cleared the planned acquisition by Deutsche Bahn, the German state railway, of Poland's biggest privately-owned rail freight company.
Rail News
EU Probes Acquisition of Short Sea Carrier
Bruce Barnard |
London -- European Union anti-trust regulators on June 12 opened an in-depth investigation of plans by DSV, Scandinavia's biggest trucker, and Danish shipping line Vesterhavet, to take joint control o
Maritime
Trucking News
Container lines
Baltimore Posts Mixed 2008 Volume
Peter T. Leach |
The Port of Baltimore saw mixed cargo throughput in 2008. Container throughput was flat; breakbulk volume soared to a record.
Maritime
House Bill Seeks Freight Shift from Road to Rail
JOC Staff |
A bill sent to the House Transportation and Infrastructure Committee would mandate a shift of freight traffic to rail and intermodal carriers while linking transportation policy directly to national e
Transport, Trade and Regulation News
Trucks Take Security Upgrade in Stride
John Gallagher |
Trade moving by truck across the U.S.-Canadian border is so far unaffected by the start of the latest security upgrade two weeks ago.
Trucking News
Teamsters Organize Penske Site
JOC Staff |
The Teamsters union hopes to use a successful organizing effort at a Penske Logistics site in Southern California as a springboard toward larger efforts to bring logistics industry workers into the un
Trucking News
Trucking labor
European Commission Finds Trade Distortion
Alan Field |
Stimulus packages adopted by the U.S. and other countries to combat the global recession could distort trade, said the European Commission in a confidential report disclosed by Reuters.
Transport, Trade and Regulation News
UK Port Traffic Falls 9 Percent in 1Q
Bruce Barnard |
London -- Cargo traffic at UK ports fell by 9 percent in the first quarter from a year ago, led by sharp falls in containers, roll-on, roll-off shipments and cars amid the sharpest economic contractio
Maritime
Horizon Settles Civil Antitrust Case
Joseph Bonney |
Horizon Lines said it will pay $20 million to settle class-action lawsuits that alleged antitrust violations in the Jones Act trade between the U.S. mainland and Puerto Rico.
Maritime
Container lines
Venezuela to Nationalize Ports
JOC Staff |
Venezuela is moving to nationalize the companies that operate some of its main ports, Reuters reported Thursday.
Transport, Trade and Regulation News
Boeing Scales Back Cargo Forecast
JOC Staff |
Boeing is cutting back its forecast for air cargo growth over the next 20 years because of the global economic downturn but still expects the world’s freighter fleet to expand by more than 1,300
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
DP World Volume Projection Slides
JOC Staff |
DP World’s profit is likely to drop by 54 percent to $265 million this year from $572 million last year as lower trade volumes at its global container terminals cut revenue and operating income,
Maritime
Ryder Signs with Pallet Maker
John Gallagher |
Ryder System inked a multi-year contract with plastic pallet maker Intelligent Global Pooling Systems to distribute and redeploy up to 175 million pallets annually to IGPS’s North American custo
Trucking News
Steel Exports Drop Sharply in April
Thomas L. Gallagher |
Exports of U.S.-made steel fell 42.7 percent in April, compared with a year earlier. Total steel exports in April were 617 thousand tons.
Transport, Trade and Regulation News
RAND: Commuters Key to Freight Congestion
R.G. Edmonson |
The solution to freight corridor congestion may be through reducing commuter congestion, according to a new RAND Corporation study.
Transport, Trade and Regulation News
LTL
North-American rail
Port Everglades to Explore Cold Ironing
Peter T. Leach |
Port Everglades may become the first East Coast port in the United States to install cold ironing, an emissions-cutting practice that has become common for container lines at West Coast ports.
Maritime
Russian Bank Buys Terminal Operator Stake
JOC Staff |
Sberbank Capital, a unit of Russia's largest bank, the state-controlled Sberbank, acquired a 10 percent stake in Global Ports Investments, one of Russia’s leading container and oil products term
Maritime
Forwarding
Rail Traffic Mixed as June Begins
John D. Boyd |
It may no longer be the worst of times in rail freight traffic, but it’s still close. U.S.
Rail News
North-American rail
EU, Canada Open Trade Talks
Alan Field |
EU trade commissioner Catherine Ashton and Canadian trade minister Stockwell Day initiated negotiations for a Comprehensive Economic and Trade Agreement that could provide as much as $28.2 billion in
Transport, Trade and Regulation News
Africa Competitiveness Report Released
Official Export Guide |
African businesses can become far more competitive, but African governments and their international partners will need to improve access to finance, resist pressure to erect trade barriers, upgrade in
Transport, Trade and Regulation News
Hong Kong Shows May Cargo Gain
JOC Staff |
Cargo handled by Hong Kong International Airport’s top freight handler edged up 1.8 percent in May from April in a slim sign of improvement at the world’s largest international freight air
Air Cargo
Air Cargo Forwarder News
Truck Groups Clash on Speed Limits
John Gallagher |
The American Trucking Associations renewed its call on Congress to mandate a 65 mph speed limit and require trucks to install electronic speed governors to insure they comply.
Trucking News
LTL
Rowden to Head AAEI
JOC Staff |
The American Association of Exporters and Importers named former AAEI General Counsel Marianne Rowden as its new president and CEO.
Non-profit Monitors Protectionism
Alan Field |
A non-profit Web site known as Global Trade Alert, www.globaltradealert.org, was launched this week to celebrate World Trade Week in the United Kingdom.
Transport, Trade and Regulation News
U.S. Airlines Burn More Fuel for Less
Thomas L. Gallagher |
U.S. airlines burned 7 percent more fuel in March and April than in the first two months of the year. But the cost of that fuel increased only 1 percent as prices slid significantly in March.
Air Cargo
Retail Sales Fell 9.6 Percent in May
Thomas L. Gallagher |
A hopeful sign appeared on the economic horizon Thursday with a small month to month advance in retail sales as reported by the U.S.
Transport, Trade and Regulation News
Marseilles Acquires Stake in Rhone Valley Hub
Peter T. Leach |
The Port of Authority of Marseilles-Fos, France, acquired a 10 percent stake in the Pagny Terminal, an inland multimodal hub at the northern end of the Rhone-Saone corridor between Chalon and Dijon, F
Maritime
Long Beach Eyes Canada’s Subsidies
Peter T. Leach |
The Port of Long Beach is concerned that it faces unfair competition from British Columbia’s Port of Prince Rupert because of Canadian government subsidies.
Maritime
Reorganize DOT, Says Policy Group
JOC Staff |
Support for a significant reorganization of the Department of Transportation along intermodal or even “mode-neutral” lines is growing in Washington as pressure mounts to produce a surface
Transport, Trade and Regulation News
Security Association Elects Chairman, Board
JOC Staff |
Thorsten Neumann, head of security Central Europe, Middle East & Africa for Nokia, has been re-elected as chairman of the Transported Asset Protection Association for the Europe, Middle East and A
Transport, Trade and Regulation News
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