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Breakbulk Quarterly Intelligence
Platts Containers Update
CMA CGM ship refloated
The JOURNAL of COMMERCE ONLINE |
The crew of a CMA CGM container ship managed to free the vessel Friday morning after it grounded in
Maritime
Former Qantas Executive Pleads Guilty
Thomas L. Gallagher |
A former senior executive of Qantas Airways pleaded guilty to charges in a conspiracy to fix freight
Air Cargo
The UPS Foundation Donates $200,000 to Myanmar Relief Effort
JOC Staff |
ATLANTA, May 9, 2008 -- The UPS Foundation has pledged $200,000 to CARE, the international humanitar
Wincanton Offers to Buy TDG
William Hoffman |
UK logistics provider Wincanton offered $446.2 billion for rival logistics operator TDG, which is al
Transport, Trade and Regulation News
JAL Cargo Slides in March
JOC Staff |
Japan Airlines saw declines in its cargo business accelerate during the first three months of 2008,
Air Cargo
Patriot Feels Construction Pain
Thomas L. Gallagher |
Patriot Transportation generated higher revenue in the most recent quarter, but soft demand and high
Trucking News
Emirates Shipping Ends U.S. Service
JOC Staff |
Just two years after it started up ocean container services, Emirates Shipping Line has pulled out o
Maritime
Trade Deficit Shrinks
Thomas L. Gallagher |
The U.S. trade deficit fell 5.7 percent to $58.2 billion in March, the U.S. Census Bureau and the U.
Transport, Trade and Regulation News
Longshoremen 'Confident' About Contract
JOC Staff |
International Longshoremen's Association President Richard P. Hughes said Thursday that the ILA is "
Maritime
Truckers Cut Speed for Green
JOC Staff |
The country's largest trucking group, trying to act ahead of feared new environmental regulations, c
Trucking News
Hipage acquires Stone
The JOURNAL of COMMERCE ONLINE |
The Hipage Co., a customs broker and international freight forwarder based in Norfolk, Va., has acqu
Transport, Trade and Regulation News
AWO elects chairman
The JOURNAL of COMMERCE ONLINE |
The members of the American Waterways Operators, the national trade association for the American tug
Transport, Trade and Regulation News
Emirates ends U.S. service
The JOURNAL of COMMERCE ONLINE |
Just two years after it started up ocean container services, Emirates Shipping Line has pulled out o
Maritime
ILA's Hughes 'confident' about next contract
The JOURNAL of COMMERCE ONLINE |
International Longshoremen's Association President Richard P. Hughes said Thursday that the ILA is "
Maritime
Expeditors income up 12%
The JOURNAL of COMMERCE ONLINE |
Expeditors International of Washington reported net income for the first quarter increased 12.1 perc
Transport, Trade and Regulation News
EU ends antitrust probe into bulk liquid shipping
The JOURNAL of COMMERCE ONLINE |
The European Commission has closed an investigation into antitrust activities by liquid bulk carrier
Maritime
Fuel hurts Atlas net
The JOURNAL of COMMERCE ONLINE |
Atlas Air Worldwide Holdings, parent of air-cargo operators Atlas Air and Polar Air Cargo Worldwide,
Air Cargo
Sea Star Line puts staff on administrative leave
The JOURNAL of COMMERCE ONLINE |
Sea Star Line said it placed a "small number" of employees on indefinite administrative leave for v
Maritime
Port strikes to hit France
Bruce Barnard / The JOURNAL of COMMERCE ONLINE |
French dockworkers are set to strike at seven publicly-owned ports Friday, extending a month-long ca
Maritime
NWA ups fuel surcharges
The JOURNAL of COMMERCE ONLINE |
NWA Cargo will raise some of its fuel surcharges, effective May 15. The move follows rapidly increas
Air Cargo
Russia to import U.S. breeding animals
The JOURNAL of COMMERCE ONLINE |
The Department of Agriculture announced that the United States will begin exports to Russia of breed
Transport, Trade and Regulation News
Grand Alliance switches United Kingdom port calls
The JOURNAL of COMMERCE ONLINE |
Three trans-Atlantic services operated by the Grand Alliance will transfer their weekly port calls
Maritime
TUI chief weathers protest by dissident stockholders
Bruce Barnard / The JOURNAL of COMMERCE ONLINE |
John Fredriksen, the Norwegian shipping tycoon, failed to oust the chairman of Hapag-Lloyd parent T
Maritime
Truck capacity pinched by Oakland port protest
Bill Mongelluzzo / The JOURNAL of COMMERCE ONLINE |
Operations at the Port of Oakland and the Union Pacific rail ramp at Lathrop, Calif., continue to b
Maritime
Atlas Air Loses $5M
Thomas L. Gallagher |
Atlas Air Worldwide Holdings lost $5.3 million in the first quarter. The company blamed the loss ent
Air Cargo
NLM Expands in Mexico
Thomas L. Gallagher |
NLM launched an intra-Mexico service to manage time-critical and time-sensitive ground freight origi
Transport, Trade and Regulation News
Express-1 Doubles Revenue through Acquisition
Thomas L. Gallagher |
Express-1 Expedited Solutions more than doubled revenue in the first quarter, primarily through the
Transport, Trade and Regulation News
Quality Distribution Lost $2M
Thomas L. Gallagher |
Quality Distribution lost $1.9 million in the first quarter, as the soft market worsened and debt ex
Trucking News
American Railcar Profit Drops
Thomas L. Gallagher |
Profits at American Railcar Industries fell 25 percent in the first quarter as hopper car shipments
Rail News
Expeditors' Profit Up 12 Percent
JOC Staff |
Expeditors International of Washington defied suggestions of a poor freight market with a $66.5 mill
Transport, Trade and Regulation News
VarigLog Ceases Europe Operations
Robert W. Moorman |
Brazilian cargo airline VarigLog's announced plan to shutdown all European operations for "economic
Air Cargo
BNSF Warns of Possible Claims
John D. Boyd |
BNSF Railway warned in a filing with the Securities and Exchange Commission that it may need to set
Rail News
DHL Vice President Wins Award from Leading Transportation Industry Advocacy Group
JOC Staff |
DHL's Al Burba Receives "Associate Member of the Year" Award from NASSTRAC PLANTATION,
NTSB to Hold Derailment Hearing
Thomas L. Gallagher |
The National Transportation Safety Board will hold a public Board meeting next week to consider a fi
Transport, Trade and Regulation News
Grain, Coal Perk Up Rail Traffic
Thomas L. Gallagher |
The decline in intermodal traffic deepened in the week ending May 3, as grain, coal and chemicals sa
Rail News
West Coast Air Cargo Plunges
JOC Staff |
The Los Angeles and Seattle-Tacoma airports reported sharp declines in air freight traffic in March,
Air Cargo
A. Duie Pyle Named Carrier of the Year for Safety by New York State Motor Truck Association
JOC Staff |
WEST CHESTER, PA, May 7, 2008 - For the second year in a row, the New York State Motor Truck Associa
Con-way Truckload Cuts Speed
Thomas L. Gallagher |
Con-way Truckload recently adjusted the speed governors on the 2,700 tractors in its nationwide truc
Trucking News
Legal Problems Beset Air Canada
Thomas L. Gallagher |
Air Canada lost $283.8 million in the first quarter, due primarily to a provision for cargo price fi
Air Cargo
Fraport Profit Squeezed by Debt
Thomas L. Gallagher |
Fraport Group, the German owner and operator of Frankfurt Airport and others, generated $814.6 milli
Air Cargo
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