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Platts Containers Update
APL to Raise Asia-Europe Rates
Peter T. Leach |
APL said it will raise freight rates on the Asia-Europe trade next month.
Maritime
Container lines
Forwarding
Anti-Tolling Bill Introduced in House
JOC Staff |
U.S. Representative Glenn Thompson, R-Pa. introduced legislation Feb. 19 prohibiting the tolling of federal highways, including Interstate 80 through Pennsylvania.
Transport, Trade and Regulation News
Obama delays NAFTA talks
The JOURNAL of COMMERCE ONLINE |
President Barack Obama said that his campaign promise to renegotiate the North American Free Trade Agreement on behalf of unions and environmentalists will have to wait.
Transport, Trade and Regulation News
Old Dominion Relocates, Expands
John Gallagher |
Old Dominion Freight Line relocated and expanded its Cookeville, Tenn., LTL terminal in an effort to gain market share.
Trucking News
LTL
STB's Buttrey Leaving March 13
John D. Boyd |
W.
Transport, Trade and Regulation News
Rail News
Chennai project draws interest
The JOURNAL of COMMERCE ONLINE |
More than 35 international and domestic companies have shown interest in bidding for the planned $75
Maritime
CMA CGM seeks general rate increase on most trades
The JOURNAL of COMMERCE ONLINE |
French carrier CMA CGM said it will seek a general rate increase on all its services, especially tho
Maritime
Tax crisis could send United Kingdom port firms packing
Bruce Barnard / The JOURNAl of COMMERCE ONLINE |
LONDON -- United Kingdom ports are facing stevedore bankruptcies and the exodus of waterfront firms
Maritime
NYK eyes Asia-U.S. cuts
The JOURNAL of COMMERCE ONLINE |
Japan's NYK may reduce its container services from Asia to the United States by an additional 15 per
Maritime
Panalpina opens in Singapore
The JOURNAL of COMMERCE ONLINE |
Forwarder Panalpina announced it has opened a new distribution and logistics center in Singapore.
Transport, Trade and Regulation News
Milestone for NJ ExpressRail
The JOURNAL of COMMERCE ONLINE |
The Port of New York and New Jersey
Transport, Trade and Regulation News
Air France delays freighters
The JOURNAL of COMMERCE ONLINE |
Air France-KLM is delaying delivery of two Boeing 777 freighters as it caps costs amid plunging carg
Air Cargo
Obama Delays NAFTA Talks
Alan Field |
President Barack Obama said that his campaign promise to renegotiate the North American Free Trade A
Transport, Trade and Regulation News
Truck Fee Woes Ease
Bill Mongelluzzo |
Marine terminals in Los Angeles-Long Beach on Thursday continued to turn away trucks that did not me
Trucking News
Air France Delays Freighters
JOC Staff |
Air France-KLM is delaying delivery of two Boeing 777 freighters as it caps costs amid plunging carg
Air Cargo
C.H. Robinson Expands in Vietnam
John Gallagher |
Third-party logistics provider C.H. Robinson Worldwide opened an office in Ho Chi Minh City, Viet Nam, and will use it as a launching point for further expansion in Southeast Asia.
Transport, Trade and Regulation News
LA-Long Beach Fee Sparks Traffic Jam
Bill Mongelluzzo |
LONG BEACH, Calif. -- The ports of Los Angeles and Long Beach Wednesday ushered in a new era of harbor trucking as they began to collect clean-truck fees from importers and exporters.
Maritime
Trucking News
Forwarding
Rails Knock Higher Truck Weight Limits
John Gallagher |
A shipper-backed proposal to increase truck productivity by lifting federal weight restrictions was opposed by railroad interests at a recent National Association of Manufacturers meeting in Washingto
Trucking News
Rail News
BNSF Blasts STB Penalty
John D. Boyd |
BNSF Railway sharply criticized the Surface Transportation Board's decision to hit it with $345 million in forced rate cuts and reparation payments, over freight rates it has been charging to deliver
Transport, Trade and Regulation News
North-American rail
Piraeus Faces Dock Strikes
Bruce Barnard |
Dockworkers at the Port of Piraeus will launch rolling 24-hour strikes next week in a major escalation of protests against Cosco Pacific taking control of container operations at Greece's biggest port
Maritime
Wallenius Wilhelmsen opens Chennai unit
The JOURNAL of COMMERCE ONLINE |
Wallenius Wilhelmsen Logistics, the car carrier and roll-on, roll-off operator, has opened a subsidiary in Chennai to support the emerging India market.
Maritime
U.S. Rail Traffic Drops Sharply
Thomas L. Gallagher |
U.S. rail traffic was much lighter than last year in the week ending Feb. 14 with steep declines in major commodities as well as intermodal units.
Rail News
North-American rail
STB Orders Major BNSF Penalty
John D. Boyd |
In a major decision with far-reaching implications, the Surface Transportation Board ordered BNSF Railway to pay an estimated $345 million in reparations and rate cuts to coal-burning utilities - its
Transport, Trade and Regulation News
North-American rail
Deflation Slows in January
Thomas L. Gallagher |
Wholesale prices for finished goods increased in January for the first time in three months, primarily on the strength of energy goods.
Transport, Trade and Regulation News
Euro Zone Deficit Sets Record
JOC Staff |
The euro zone of 16 European countries recorded an external trade deficit of 32.1 billion euros ($40.5 billion) in 2008, the largest trade deficit since the euro was introduced in 1999.
Transport, Trade and Regulation News
SFO Imports Down 43 Percent
JOC Staff |
Nose-diving Asia imports sent cargo traffic at San Francisco International Airport plunging 36 percent in December, giving the major trans-Pacific gateway a 14.4 percent decline in overall freight bus
Air Cargo
Air Cargo Carriers News
Trinity Profit Tumbles
Thomas L. Gallagher |
Railcar orders plummeted in the fourth quarter, cutting profit 43 percent for Trinity Industries at the end of a year with record revenue and a respectable full year net income.
Rail News
From the Tampa Steel Conference: What the stimulus means
Janet Nodar/The JOURNAL of COMMERCE ONLINE |
TAMPA, Fla. -- While speakers at the 20th Annual Tampa Steel Conference differ on their estimates of
Transport, Trade and Regulation News
Euro zone deficit sets record
The JOURNAL of COMMERCE ONLINE |
The euro zone of 16 European countries recorded an external trade deficit of 32.1 billion euros ($40
Transport, Trade and Regulation News
LA, Long Beach push incentive programs
Bill Mongelluzzo/The JOURNAL of COMMERCE ONLINE |
LONG BEACH, Calif. -- The Los Angeles Harbor Commission on Thursday approved a discount program that
Maritime
Correction
JOC Staff |
An article appearing Feb. 18 about HSH Nordbank should have said the German company is withdrawing f
Maritime
Finnlines posts fourth-quarter loss
The JOURNAL of COMMERCE ONLINE |
Helsinki-based liner shipping company Finnlines fell into the red in the fourth quarter of 2008 as c
Maritime
FMC releases meeting schedule
The JOURNAL of COMMERCE ONLINE |
WASHINGTON -- The Federal Maritime Commission has posted a schedule through April 2009 for its regul
Maritime
Carriers use idle ships to store empty boxes
Bruce Barnard/The JOURNAL of COMMERCE ONLINE |
Ocean carriers are using idled container ships to store empty boxes as an alternative to laying up v
Maritime
Piraeus faces dock strikes over Cosco Pacific deal
Bruce Barnard/The JOURNAL of COMMERCE ONLINE |
Dockworkers at the Port of Piraeus will launch rolling 24-hour strikes next week in a major escalati
Maritime
APL to raise Asia-Europe rates
Peter T. Leach/The JOURNAL of COMMERCE ONLINE |
APL said it will raise freight rates on the Asia-Europe trade next month. It plans to seek r
Maritime
Truck-fee woes ease at LA-Long Beach
Bill Mongelluzzo/The JOURNAL of COMMERCE ONLINE |
LONG BEACH, Calif. -- Marine terminals in Los Angeles-Long Beach on Thursday continued to turn away
Transport, Trade and Regulation News
TNT acquires Chilean express trucker
The JOURNAL of COMMERCE ONLINE |
TNT, the Dutch mail and express group, has acquired Chilean express trucking company LIT Cargo.<
Transport, Trade and Regulation News
BNSF ordered to pay $345 million to coal utilities
JOC Staff |
WASHINGTON -- In a major decision with far-reaching implications, the Surface Transportation Board o
Transport, Trade and Regulation News
Longview, Wash., RSG reach property pact
The JOURNAL of COMMERCE ONLINE |
The Port of Longview, Wash., and RSG Forest Products on Thursday reached a settlement agreement and
Transport, Trade and Regulation News
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