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Platts Containers Update
Maersk Shifts to Seattle
JOC Staff |
A.P.
Maritime
Container lines
Forwarding
CSAV Seeks Further Financing
Thomas L. Gallagher |
In the week after being downgraded by two ratings agencies, Chilean boxship owner CSAV went to Hamburg, Germany to negotiate a capital infusion to weather the growing global economic gloom.
Maritime
Container lines
Wind Energy Imports May Slow
Janet Nodar |
Imports of wind energy turbines and other components continued to grow in 2008, but that may change as investors and manufacturers build more plants in the U.S.
Transport, Trade and Regulation News
Port of Tampa Loads NYC Bridge Project
Janet Nodar |
Twelve sections of a bridge to be delivered to and assembled in New York City were loaded at the Port of Tampa last week. Tampa Steel Erecting Co.
Transport, Trade and Regulation News
Jubail Builds More
Janet Nodar |
Since the mid-70’s, Saudi Arabia’s industrial city of Jubail has grown from a coastal village to the site of a multi-billion-dollar petrochemical complex.
Transport, Trade and Regulation News
Producer Prices Fell 1.2 Percent
Thomas L. Gallagher |
Producer Prices Fell in March, especially for energy goods, according to a report April 14 from the Bureau of Labor Statistics of the U.S. Department of Labor.
Transport, Trade and Regulation News
CEVA Joins Cargo 2000
Thomas L. Gallagher |
Supply chain management company CEVA Logistics joined Cargo 2000 with the help of Descartes Systems Group.
Transport, Trade and Regulation News
Maersk Reviewing Ship Routes off Somalia
Peter T. Leach |
A.P.
Maritime
Idle Boxship Capacity Falls
Bruce Barnard |
Idled ocean container capacity fell for the first time in six months as carriers re-activated larger vessels amid a seasonal increase in cargo volume, but the jobless figures likely will surge again l
Maritime
Container lines
Forwarding
FMC Cancels April Meeting
JOC Staff |
The Federal Maritime Commission has announced its meeting schedule through the summer, and cancelled its April 22 meeting.
Maritime
Canacar Alleges Violation of NAFTA
R.G. Edmonson |
The Mexican trucking trade group Canacar filed a notice of arbitration against the United States, alleging that cancellation of the cross-border trucking pilot program violated the North American Free
Trucking News
CN Cites Delays in EJE Report
John D. Boyd |
Canadian National Railway reported 50 instances when its trains or those of a short line it bought blocked road crossings in the Chicago area, in the first two months since it took over those tracks e
Rail News
North-American rail
Panama Transits Slip 1.4 Percent
Thomas L. Gallagher |
Transits of the Panama Canal slipped 1.4 percent in the Canal’s second fiscal quarter. A total of 3,914 ships passed through the Canal from January through March.
Maritime
Retail Sales Dive 9.4 Percent
Thomas L. Gallagher |
Retail sales for March fell 9.4 percent compared with a year ago, according to a report April 14 from the U.S. Census Bureau, as the recession took a big bite out of consumer spending.
Transport, Trade and Regulation News
J.B. Hunt Profit Falls 16 Percent
JOC Staff |
J.B.
Trucking News
Slide Show: Ports And the Economic Storm
Paul Page |
The docks that make up port cargo terminals, where millions of steel containers full of freight are transferred from ships to the shore or the other way around, are normally a death-defying place to b
Maritime
Forwarding
North American ports
Long Beach Middle Harbor Passes Green Test
Peter T. Leach |
The Long Beach Board of Harbor Commissioners on Monday unanimously approved an exhaustive environmental study, paving the way for the port’s first major capital improvement project in more than
Maritime
North American ports
Long Beach OKs Terminals Overhaul
Peter T. Leach |
The Long Beach Board of Harbor Commissioners on Monday unanimously approved an exhaustive environmental study, paving the way for the port’s first major capital improvement project in more than
Maritime
Forwarding
Diesel Nearly Flat at $2.229
Thomas L. Gallagher |
The average retail price of diesel fuel went up one-tenth of a cent last week to $2.229 per gallon, according to the U.S. Energy Information Administration.
Trucking News
Maersk Clips Savannah Call
JOC Staff |
Maersk Line announced plans to adjust the port rotation of its Oceania Americas Service (OC1), effective in May.
Maritime
Audio Clip: BNSF's Rose on Electrification
John D. Boyd |
Rail News
North-American rail
BNSF Eyes Route To Electric Trains
John D. Boyd |
"It's really going to have to be a federal vision, with some federal funding."
Rail News
North-American rail
MOL Shuffles North America Sales Team
JOC Staff |
MOL (America)’s Product Management Team changed its North America Sales Management.
Sunteck Appoints Carrier Relations Manager
JOC Staff |
Sunteck Transport Group, a non-asset 3PL, named Laura Diehl carrier relations manager.
Transport, Trade and Regulation News
Recovery Act Funds 2,000th Project
Thomas L. Gallagher |
President Obama, Vice President Biden and Transportation Secretary LaHood celebrated the release of funds for the 2,000th transportation project under the American Recovery and Reinvestment Act.
Transport, Trade and Regulation News
Copenhagen Airports Come off CreditWatch
Thomas L. Gallagher |
Standard & Poor's Ratings Services on April 9 affirmed its 'BBB' long-term corporate credit ratings on Denmark-based airport Copenhagen Airports A/S and acquisition vehicle Macquarie Airports Cope
Air Cargo
Hyundai Adds Cranes in Tacoma
Thomas L. Gallagher |
Hyundai Merchant Marine will add two container cranes in May at their Washington United Terminals in Tacoma.
Maritime
Forwarding
Brokers Ride a Roller Coaster
John Gallagher |
Truck brokers tapping the $160 billion 3PL market appear to be adjusting to and recovering from overcapacity and scarce freight faster than their customers.
Trucking News
Truck brokers
Carriers Stick to Routes Despite Pirates
Peter T. Leach |
Two major container carriers said they are maintaining the routing of the big ships that ply the trade lane between Asia and Europe via the Suez Canal during the recent spate of pirate attacks off the
Maritime
Container lines
China Shipping’s Csernica Dies
JOC Staff |
Charles Michael "Chuck" Csernica, Southeast regional sales manager for China Shipping, died April 7 in Mount Pleasant, S.C., after a long illness. He was 50.
Maritime
YRC Seeks Millions in Pension Payment Deferrals
John Gallagher |
YRC Worldwide is looking to defer millions of dollars worth of payments into Teamster union pension funds to help prop up the company’s cash reserves as it struggles to improve its finances in t
Trucking News
LTL
Trucking labor
Mexico Wants Bigger Truck Plan
R.G. Edmonson |
Mexican officials want a cross-border truck program that goes beyond the pilot program that the Bush administration launched in 2007, according to Bloomberg.
Trucking News
Coast Guard to Hold TWIC Reader Public Meeting
R.G. Edmonson |
The Coast Guard will host a public meeting May 6 to receive comments on proposed rules about the use of electronic readers for the Transportation Worker Identification Credential.
Transport, Trade and Regulation News
Short Line Loads Bounce Slightly
John D. Boyd |
A traffic decline of 30.2 percent from the same week last year was actually a bit of good news from the short line railroad industry. Things had been even worse the week before.
Rail News
CKYH Plans More Cooperation
Peter T. Leach |
The four carriers in the CKYH Alliance held their 2009 Summit Meeting in Jeju, Korea on April 9 to discuss joint strategies on how to overcome the current crisis in the shipping industry.
Maritime
Container lines
Tokyo Container Trade Dropped in November
Hisane Masaki |
The number of foreign trade containers handled by the Port of Tokyo fell for the first time in three months in November last year on a year-on-year basis, edging down 1.1 percent to 313,559 TEUs.
Maritime
Forwarding
JAL, ANA Cargo Nosedives
Hisane Masaki |
Japan's two largest airlines saw their international cargo volume continue to nosedive in February amid the deep global economic slump.
Air Cargo
Hard times for ILA
Joe Bonney |
With its contract negotiations on hold and a civil racketeering lawsuit moving slowly, the International Longshoremen’s Association is wrestling with another problem -- a financial crisis that has roi
Longshore labor
Transport, Trade and Regulation News
Vancouver Finds New Leadership
Alan Daniels |
When Robin Silvester left Canada four years ago for a leadership position at P&O Ports, Port Metro Vancouver was in the midst of a surge in business from an Asia export boom that fed the Pacific N
Maritime
Forwarding
A Call for New-Era Engines
John D. Boyd |
"It's not a technology leap. It's an incremental move."
Rail News
North-American rail
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