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OHL Names Three C-level Execs
JOC Staff |
OHL appointed three C-level executives, promoting all from within the third party logistics provider.
Transport, Trade and Regulation News
Truck Brokers Merge
John Gallagher |
Chicago-based Echo Global Logistics acquired Raytrans Distribution Services in a combination the companies say will merge size with technology.
Trucking News
Truck brokers
Houston Security District Gets Final OK
Janet Nodar |
A unanimous vote by the Harris County Commissioners Court yesterday gave final approval for the creation of the Houston Ship Channel Security District, a public-private partnership that will fund and
Maritime
Obama Names Hersman to Chair NTSB
John D. Boyd |
President Obama picked Deborah Hersman to chair the National Transportation Safety Board, drawing quick praise from labor, and said he will renominate former airline union executive Harry Hoglander to
Transport, Trade and Regulation News
Freight Index Falls to Seven-Year Low
Thomas L. Gallagher |
A key government measure of U.S. freight shipping fell to its lowest level in seven years in April, the government reported.
Transport, Trade and Regulation News
Air Cargo Forwarder News
Air Cargo Carriers News
LTL
North-American rail
Navy Warns Pirates Changing Tactics
Peter T. Leach |
The U.S. Navy warned Tuesday that pirates in the Gulf of Aden are increasingly operating at night and could expand their raids into the Red Sea.
Maritime
Russia Proposes to Join WTO With New Bloc
Alan Field |
Russian Prime Minister Vladimir Putin surprised the global trade community by announcing Tuesday that Russia, Belarus and Kazakhstan would abandon their separate talks to join the World Trade Organiza
Transport, Trade and Regulation News
Lufthansa Cargo Pulls Out of Nosedive
Bruce Barnard |
Lufthansa reported the six month long plunge in cargo traffic leveled out in May, mirroring the experience of its close European rivals Air France-KLM and British Airways.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Lidinsky Nominated to FMC
R.G. Edmonson |
Richard A. Lidinsky Jr. has been nominated to fill a position on the Federal Maritime Commission, the White House announced late Tuesday.
Maritime
U.S. Trade Gap Rises to $29.2B in April
Thomas L. Gallagher |
Weak imports and even weaker exports increased the U.S. trade gap to $29.2 billion in April, up from $28.5 billion in March, revised, according to the U.S. Census Bureau and the U.S.
Transport, Trade and Regulation News
India Box Traffic Falls 12 Percent
JOC Staff |
Containerized traffic handled by major ports in India dropped 12.5 percent in the April-May period, according to data released by the Indian Ports Association.
Maritime
Port of Guam Awarded $2M in Stimulus Funds
Peter T. Leach |
The Office of Economic Adjustment awarded the Port Authority of Guam $2 million in federal stimulus funding to bolster its modernization efforts.
Maritime
Truckers Pan Cap-and-Trade
John Gallagher |
A cap-and-trade energy program would mean huge costs for the trucking industry and American consumers, the American Trucking Associations told Congress.
Transport, Trade and Regulation News
LTL
WTO Head Sees Doha Trade Deal by 2010
Alan Field |
World Trade Organization head Pascal Lamy said Tuesday that senior U.S.
Transport, Trade and Regulation News
Developer Plans to Tap Mississippi for Energy
JOC Staff |
The Mississippi may in a few years be laced with giant underwater turbines using the force of the river’s flow to generate power if Free Flow Power Corp, a Massachusetts-based hydropower develop
Maritime
Mitsubishi Plans Nuclear Growth
JOC Staff |
Tokyo-based Mitsubishi Heavy Industries plans to increase its nuclear divisions’ earnings by 50 percent by 2020 through constructing new nuclear plants and providing after-sales services and nuc
Transport, Trade and Regulation News
Teamsters Weigh YRC Pension Deferments
John Gallagher |
Two months after YRC Worldwide received approval from its lenders to use real estate as collateral for union pension deferrals, the Teamsters union formed a committee to consider whether changes are n
Trucking News
LTL
Trucking labor
Highway Bill Faces Tight Deadline
JOC Staff |
The clock is ticking on the next highway bill, which is scheduled to become law by Sept. 30.
Transport, Trade and Regulation News
Report Calls for New Direction in Transport Policy
JOC Staff |
A bipartisan think tank is calling for sweeping reform of U.S. transportation planning, infrastructure funding and federal oversight as part of this year’s highway bill.
Transport, Trade and Regulation News
Steel Slide Swamps Great Lakes' Shipping
Courtney Tower |
Deep recession affecting the steel plants ringing the Great Lakes basin in North America is creating huge decreases in shipments of iron ore and limestone for those same plants, the Lake Carriers' Ass
Maritime
Forwarding
NS Mulls Electrification; UP Looks Away
John D. Boyd |
A Norfolk Southern Railway executive said his company is exploring the potential to eventually electrify some freight rail lines in connection with passenger rail corridors, but the chief executive of
Rail News
North-American rail
U.S. Box Imports Plummet 22 Percent
Bill Mongelluzzo |
Container volumes at U.S.
Maritime
Forwarding
Charleston Port Narrows Choice for Chief
Peter T. Leach |
Charleston media are speculating that the South Carolina State Ports Authority narrowed its search for a new chief executive down to James Newsome, the president of Hapag-Lloyd (North America).
Maritime
DHL Speeds Japan-U.S. Box Services
Hisane Masaki |
DHL Global Forwarding Japan launched direct less-than-container-load services connecting Tokyo and Yokohama to Chicago.
Maritime
Forwarding
Union Pacific Chief Expects Tepid Recovery
John D. Boyd |
As Union Pacific Railroad feels out today’s freight market and plans for when it might pull out of its downturn, Chairman, President and CEO James R. Young is cautious.
Rail News
North-American rail
Agricultural Exports Increase
Bill Mongelluzzo |
The westbound movement of agricultural products is outperforming general merchandise, and the U.S.
Maritime
Forwarding
FedEx Attacks Bill as UPS “Bailout”
JOC Staff |
FedEx is going after UPS directly in an aggressive new campaign the express carrier launched Tuesday against efforts to make the company a more ready target for unions.
Air Cargo
Air Cargo Forwarder News
Qantas Contracts With ATSG for Freighter
Thomas L. Gallagher |
Qantas will launch an Australia-New Zealand air cargo service this month with a 767 freighter operation leased from U.S.-based Air Transport Services Group, the airline announced Tuesday.
Air Cargo
Air Cargo Carriers News
Barges Link Cambodia, Vietnam, U.S.
Thomas L. Gallagher |
Ocean carrier MOL launched river barge service from Phnom Penh, Cambodia, to bring containers via the new deep-water terminal in Ho Chi Minh, Vietnam, to the United States.
Maritime
California Clean-Trucks Program Ahead of Plan
Bill Mongelluzzo |
The ports of Los Angeles and Long Beach are on track to achieve many of the environmental goals in their clean-trucks program almost four years ahead of schedule, thanks to an aggressive strategy for
Maritime
North American ports
Air France-KLM Cargo Stabilized
Bruce Barnard |
Air France-KLM, Europe's biggest cargo airline, said its freight traffic stabilized in May after steep declines over the past six months.
Air Cargo
Air Cargo Carriers News
MOL Denies Container Spinoff
Peter T. Leach |
Japanese carrier MOL has refuted a report by Reuters that it is considering “spinning off” it container division.
Maritime
Container lines
Forwarding
India to Push Port Projects
JOC Staff |
Indian Shipping Minister G.K. Vasan called for speedy execution of various port capacity expansion projects in a bid to boost the country’s infrastructure sector.
Maritime
Oberstar: Highway Bill to Redesign DOT
by R.G. Edmonson |
Future transportation policy will break down the Department of Transportation’s “Stonehenge” structure — restructuring a group of monoliths — Rep. James L.
Transport, Trade and Regulation News
Oberstar: Treasury Should Pay Back Trust Fund
R.G. Edmonson |
Infusing cash to keep the Highway Trust fund afloat at the end of fiscal 2009 is a matter of payback, Rep. James Oberstar, D-Minn., said Monday.
Transport, Trade and Regulation News
Diesel Soars 14.6 Cents to $2.498
Thomas L. Gallagher |
Retail diesel soared 14.6 cents to $2.498 per gallon, according to the U.S. Energy Information Administration. Not since the panic of last June have prices shot up so fast.
Trucking News
Long Beach Port Chief Defends Truck Program
JOC Staff |
The Port of Long Beach can “live with” a court order limiting its ability to impose concession plans on the harbor trucking industry, but will fight to keep what it considers key elements
Maritime
North American ports
UPS, Pilots Reach Pact to Avert Furloughs
John Gallagher |
UPS and the Independent Pilots Association averted an immediate furlough of 300 UPS pilots through voluntary cost-cutting programs identified by the IPA that could save $131 million over the next thre
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Shippers Throw Support to Heavier Trucks
John Gallagher |
Big shippers are throwing their weight behind legislation allowing heavier trucks on federal roads as a way to boost carrier productivity, save fuel, and cut transportation costs.
Trucking News
LTL
Maersk to Hike Rates
Thomas L. Gallagher |
Maersk Line will increase rates on services from the Far East to Europe on July 1. In July and September, rates will go up on services between Europe and the Middle East and South Asia.
Maritime
Container lines
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