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Strikes block French ports
Bruce Barnard/The JOURNAL of COMMERCE ONLINE |
LONDON -- A 24-hour strike by dockworkers paralyzed France's seven biggest ports on Wednesday.
Maritime
Treasury to hold meetings on foreign investment rules
Alan M. Field/The JOURNAL of COMMERCE ONLINE |
The U.S. Department of the Treasury has proposed to amend regulations relating to mergers, acquisiti
Transport, Trade and Regulation News
Delta, Northwest Lose Billions
Thomas L. Gallagher |
New merger partners Northwest Airlines and Delta Air Lines lost a combined total of $10.54 billion i
Air Cargo
UPS earnings dive
JOC Staff |
UPS, painting a dismal domestic picture through the rest of the year, on Wednesday reported a double
Transport, Trade and Regulation News
UPS Quarterly Profit Dives
Michael Fabey |
Painting a dismal domestic picture through the rest of the year, UPS reported a double-digit dive in
Air Cargo
Ryder Gains on Fleet Management
JOC Staff |
Ryder System earnings grew 9 percent in the first quarter to $56.1 million because of better operati
Trucking News
Another Loss at Covenant
John Gallagher |
Truckload carrier Covenant Transportation reported a loss of $7.8 million in the first quarter compa
Trucking News
C.H. Robinson Profits Surge
William Hoffman |
Truck broker and non-asset based third party logistics provider C.H. Robinson Worldwide posted doubl
Transport, Trade and Regulation News
Fredriksen Won't Buy Hapag-Lloyd
JOC Staff |
Norwegian shipping magnate John Fredriksen, the biggest shareholder in German travel and shipping gr
Maritime
APM Terminals venture signs pact in Vietnam
The JOURNAL of COMMERCE ONLINE |
APM Terminals said Wednesday that Cai Mep International Terminal Co., its joint-venture terminal in
Maritime
Net Income Soars at ABF
JOC Staff |
ABF Freight System posted first quarter net income of $8.5 million, a 78 percent increase over first
Trucking News
PACCAR Earnings Drop
JOC Staff |
Truck engine maker PACCAR earned $292.3 million for the first quarter, down 20 percent compared to $
Trucking News
NS Ekes Out 1Q Gain
JOC Staff |
Norfolk Southern Corp. on Tuesday reported first-quarter earnings of $291 million, up 2 percent from
Rail News
COAC to meet on May 9
The JOURNAL of COMMERCE ONLINE |
WASHINGTON -- The Departmental Advisory Committee for the Commercial Operation of Customs and Border
Transport, Trade and Regulation News
Canada's Harper warns U.S. candidates not to reopen NAFTA
JOC Staff |
Canadian Prime Minister Stephen Harper warned U.S. presidential candidates who have threatened to re
Transport, Trade and Regulation News
Diesel Surges 8.4 Cents to $4.143
Thomas L. Gallagher |
The average price for a gallon of diesel fuel surged 8.4 cents this week to $4.143, according to the
Trucking News
Alitalia on brink of collapse
Bruce Barnard/The JOURNAL of COMMERCE ONLINE |
LONDON -- Alitalia is on the brink of bankruptcy after Air France-KLM withdrew its takeover offer fo
Air Cargo
Forward Air Profit Dips
Michael Fabey |
Thanks to revenue boosts from acquisitions and logistics services, Forward Air saw a surge in revenu
Air Cargo
CN Profit Dips
Courtney Tower |
OTTAWA -- Canadian National Railway on Monday reported first-quarter profit of $310 million, down 4
Rail News
Strong charter demand boosts Danaos earnings
Bruce Barnard/The JOURNAL of COMMERCE ONLINE |
LONDON -- Container ship charter owner Danaos Corp. reported first-quarter net profit of $31.5 milli
Maritime
Senator Bids to Cut Diesel Tax
Ari Natter |
Legislation introduced in the Senate could decrease the tax on diesel fuel from 24 cents per gallon
Transport, Trade and Regulation News
Siemens to Build Cathay Terminal
Robert W. Moorman |
Cathay Pacific will have Siemens Mobility build its hard-won new freight terminal at Hong Kong Inter
Air Cargo
Landstar Sees Stronger Pricing
JOC Staff |
Landstar System President and CEO Henry Gerkens is predicting stronger prices for trucking companies
Trucking News
Steel imports inch up
The JOURNAL of COMMERCE ONLINE |
U.S. steel imports remained at low levels again in March, increasing by only 1.2 percent over Februa
Transport, Trade and Regulation News
Baltimore sets cargo records
William Armbruster/Shipping Digest |
The Port of Baltimore enjoyed another record-breaking year in 2007, according to the Maryland Port A
Maritime
Cargolux Plunges Into Red
Bruce Barnard |
LONDON -- Cargolux, the Luxembourg-based all-cargo airline, on Monday said it made a $155 million pr
Air Cargo
Senate bill would reduce diesel taxes
JOC Staff |
wASHINGTON -- Legislation introduced in the Senate could decrease the tax on diesel fuel from 24 cen
Transport, Trade and Regulation News
Speed before safety: MSC Napoli report slams industry
Bruce Barnard/The JOURNAL of COMMERCE ONLINE |
LONDON -- Container shipping lines put speed ahead of safety, the U.K.'s maritime safety agency said
Maritime
Duncan Backs CAFE for Trucks
JOC Staff |
FedEx Freight President and CEO Douglas A. Duncan, breaking with a large part of the trucking indust
Trucking News
Systems integration called key to intermodal productivity
Bill Mongelluzzo/The JOURNAL of COMMERCE ONLINE |
SAN FRANCISCO -- Marine terminal operators, trucking companies and distribution warehouses are impro
Transport, Trade and Regulation News
EU, China to discuss IPR violations
JOC Staff |
Violations of intellectual property rights, trademarks and patents held by European Union companies
Transport, Trade and Regulation News
Bush, Harper, Calderon defend NAFTA
JOC Staff |
North American leaders defended the 14-year-old North American Free Trade Agreement at an annual sum
Transport, Trade and Regulation News
China Shipping to Expand in Seattle
JOC Staff |
The Port of Seattle on Monday announced that China Shipping Lines will expand its Seattle container
Maritime
NS ekes out first-quarter gain
JOC Staff |
Norfolk Southern Corp. on Tuesday reported first-quarter earnings of $291 million, up 2 percent from
Transport, Trade and Regulation News
CP earnings slump
Courtney Tower/The JOURNAL of COMMERCE ONLINE |
OTTAWA -- Canadian Pacific Railway on Tuesday reported a 29 percent decline in first-quarter earning
Transport, Trade and Regulation News
Truck strike paralyzes Cochin terminal
Special to The JOURNAL of COMMERCE |
MUMBAI, India -- A strike by unionized truck drivers at the Port of Cochin has halted container move
Maritime
CP Cuts Outlook as Net Falls
John D. Boyd |
Canadian Pacific Railway's net income fell 29 percent to $90 million in the first quarter, despite a
Rail News
Portland's Container Volume Surges
Bill DiBenedetto |
SEATTLE -- The Port of Portland, recovering from a slight year-on-year decline in February container
Maritime
TUI Preps for Hapag-Lloyd Sale
JOC Staff |
TUI AG plans to approach potential buyers of its Hapag-Lloyd division in late May or early June, the
Maritime
TSA updates TWIC statistics
The JOURNAL of COMMERCE ONLINE |
The Transportation Security Administration said its updated statistics show that as of April 20, 304
Transport, Trade and Regulation News
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