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Profit up for Union Pacific
The JOURNAL of COMMERCE ONLINE |
Union Pacific Corp. announced that fourth-quarter profit increased 35 percent on lower fuel prices,
Transport, Trade and Regulation News
Paper Shipper Opens Chicago Hub
Thomas L. Gallagher |
Wausau Paper will open a Midwest distribution hub at a Nexus Distribution facility in Bedford Park,
Transport, Trade and Regulation News
FFEX Names CFO
Thomas L. Gallagher |
Refrigerated trucking company Frozen Food Express Industries on Jan. 21 named Ronald J. Knutson chie
Trucking News
CEO Resigns at UPG
Thomas L. Gallagher |
Randy Hardin on Jan. 21 resigned from his positions as chief executive officer, president and direct
Transport, Trade and Regulation News
EC Unveils Inclusive Maritime Policy
Bill DiBenedetto |
The European Commission's 10-year policy plan for maritime shipping released today places strong emp
Transport, Trade and Regulation News
Northern Air Cargo Names CEO
Thomas L. Gallagher |
Northern Air Cargo named David W. Karp president and chief executive officer as the company becomes
Air Cargo
USF Holland Pinpoints Deliveries
Thomas L. Gallagher |
USF Holland, a subsidiary of YRC Worldwide, on Jan. 21 launched a four-tiered plan for service.
Trucking News
Celadon Revenue Drops
John Gallagher |
Celadon Group posted a 13.7 percent drop in revenues in its fiscal second quarter ending Dec. 31 com
Trucking News
Clean-Truck Fees Start Feb. 18
Bill Mongelluzzo |
LONG BEACH, Calif. -- The ports of Long Beach and Los Angeles on Feb. 18 will begin collecting a $35
Trucking News
White House Order May Delay 10+2 Rule
R. G. Edmonson |
WASHINGTON -- A White House order to federal agencies to halt work on pending regulations may affect
Transport, Trade and Regulation News
Backlash
R.G. Edmonson / The JOURNAL of COMMERCE |
What are they thinking? Why would the Transpacific Stabilization Agreement be asking for the authori
LA-Long Beach to collect clean-trucks fee Feb. 18
Bill Mongelluzzo / The JOURNAL of COMMERCE ONLINE |
LONG BEACH, Calif. -- The ports of Long Beach and Los Angeles on Feb. 18 will begin collecting a $35
Transport, Trade and Regulation News
Senate committee OKs LaHood's DOT nomination
JOC Staff |
WASHINGTON -- The Senate Commerce Committee on Wednesday approved the nomination of former Rep. Ray
Transport, Trade and Regulation News
White House order may delay 10+2 import rule
R.G. Edmonson / The JOURNAL of COMMERCE ONLINE |
WASHINGTON -- A White House order to federal agencies to halt work on pending regulations may affect
Transport, Trade and Regulation News
Coface puts China, Russia on negative watch list
JOC Staff |
Coface, a subsidiary of Natixis Global Asset Management, downgraded the financial ratings of 22 coun
Transport, Trade and Regulation News
CSAV expands port coverage of Asia-US East Coast
The JOURNAL of COMMERCE ONLINE |
Ocean carrier CSAV announced it will expand the coverage of its Pacar service between Asia and the U
Maritime
EC plans shipping policy
Bill DiBenedetto / The JOURNAL of COMMERCE ONLINE |
The European Commission’s 10-year year policy plan for maritime shipping released today places stron
Maritime
Trade boosts optimism of small business: UPS survey
The JOURNAL of COMMERCE ONLINE |
A large majority of small-business owners remain optimistic about their company’s financial future d
Transport, Trade and Regulation News
Piracy hits Japan ships
The JOURNAL of COMMERCE ONLINE |
While it prepares to join maritime security patrols off the coast of Somalia, Japan reported 12 case
Maritime
China Shipping Warns Profit to Fall
JOC Staff |
China Shipping Container Lines warned today that its full-year earnings for 2008 are likely to fall
Maritime
United Loses $1.3B
Thomas L. Gallagher |
United Airlines parent UAL lost $1.3 billion in the fourth quarter as its fuel hedge program crashed
Air Cargo
American Lost $340M
Thomas L. Gallagher |
AMR, parent of American Airlines, lost $340 million in the fourth quarter as it paid more for fuel a
Air Cargo
Bank Predicts Fewer Aircraft
Thomas L. Gallagher |
DVB Bank of Germany predicts a large number of scheduled aircraft deliveries in 2009 will evaporate
Air Cargo
Eaton Cuts 5,200 Jobs
Thomas L. Gallagher |
Truck components maker Eaton plans to eliminate 5,200 jobs as it cuts back in response to lower dema
Trucking News
Senate Confirms Napolitano to DHS
Ari Natter |
Arizona Gov. Janet Napolitano was confirmed as Homeland Security Secretary Tuesday, one of six of me
Transport, Trade and Regulation News
Obama Halts Pending Rules
Ari Natter |
The Department of Transportation, and all other federal agencies, must halt any pending regulations
Transport, Trade and Regulation News
CSX Profit Drops
John D. Boyd |
While freight volume was falling rapidly in the fourth quarter, CSX Transportation was able to score
Rail News
Transportation Committee Sets Agenda
Ari Natter |
Infrastructure investment, transportation safety and security, and global climate change will be amo
Transport, Trade and Regulation News
Buffett Firm Buys More BNSF
Thomas L. Gallagher |
Berkshire Hathaway, the investment firm controlled by Warren Buffett, spent approximately $271 milli
Rail News
Matson to Cut 10 Percent of Staff
Peter T. Leach |
Matson Navigation Co. will reduce the size of its workforce by 10 percent as part of a wide-ranging
Maritime
South Carolina Ports Chief Resigns
JOC Staff |
Bernard S. Groseclose Jr., president and chief executive of the South Carolina State Ports Authority
Maritime
Maersk shipyard to focus on building smaller vessels
Bruce Barnard / The JOURNAL of COMMERCE ONLINE |
The Lindo Odense shipyard operated by A.P. Moller-Maersk, builder of the world’s biggest container s
Maritime
CSX profit drops
The JOURNAL of COMMERCE ONLINE |
While freight volume was falling rapidly in the fourth quarter, CSX Transportation was able to post
Transport, Trade and Regulation News
Weak market delays China-Euro rail container launch
Bruce Barnard / The JOURNAL of COMMERCE ONLINE |
Deutsche Bahn has postponed the launch of container rail service between Germany and China designed
Transport, Trade and Regulation News
China Shipping warns 2008 profit may fall by half
The JOURNAL of COMMERCE ONLINE |
China Shipping Container Lines warned today that its full-year earnings for 2008 are likely to fall
Maritime
Boxes weaker at Portland
The JOURNAL of COMMERCE ONLINE |
The Port of Portland’s December container volume fell by nearly 15 percent to 18,207 TEUs, one of th
Maritime
IAS acquires drayage venture
The JOURNAL of COMMERCE ONLINE |
International Asset Systems announced that it has acquired full interest in IAS-Trinium, a joint ven
Transport, Trade and Regulation News
EU wants to include shipping in Kyoto successor
The JOURNAL of COMMERCE ONLINE |
Ocean shipping and aviation should be included in a planned successor to the Kyoto environmental agr
Maritime
CSAV Norasia suspends Asia-Europe service
The JOURNAL of COMMERCE ONLINE |
Hong Kong-based CSAV Norasia is suspending its ANE service, its only direct weekly service between A
Maritime
Diesel Slips 1.8 Cents to $2.296
Thomas L. Gallagher |
Retail diesel was selling for an average of $2.296 per gallon at the beginning of this week, a drop
Trucking News
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