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Platts Containers Update
Manufacturing Stalls in December
Thomas L. Gallagher |
Economic activity in the manufacturing sector failed to grow in December following 10 consecutive mo
Transport, Trade and Regulation News
Macquarie to invest in Busan container terminal
The JOURNAL of COMMERCE ONLINE |
Macquarie Korea Infrastructure Fund said Tuesday it will invest 259.4 billion Korean won ($277 milli
Maritime
Volvo to Recall 125,000 U.S. Vehicles
JOC Staff |
Volvo will recall 125,000 trucks in the United States, the truck manufacturer said last week. Proble
Trucking News
Industrial Terminals Creates Express Lanes
Thomas L. Gallagher |
Industrial Terminals opened new express delivery lanes for pre-cleared cargo. Intermarine's
Maritime
APL to Train More U.S. Cadets
Thomas L. Gallagher |
Global container carrier APL signed an agreement to help train U.S. maritime academy cadets aboard i
Maritime
Boxship Grounds off England
Bruce Barnard |
A large containership chartered to Evergreen has run aground nine miles south of the port of Dover i
Maritime
Feds Refile ILA RICO Suit
Joseph Bonney |
The U.S. attorney's office in Brooklyn has filed a new civil racketeering lawsuit that seeks to plac
Transport, Trade and Regulation News
Genesee & Wyoming Completes Acquisition
Thomas L. Gallagher |
Genesee & Wyoming on Jan. 1 completed its acquisition of 87.4 percent of Maryland Midland Railwa
Rail News
ABX Completes Acquisition, Reorganization
Thomas L. Gallagher |
On the last day of the year, ABX Air became a wholly owned subsidiary of ABX Holdings, and the new c
Air Cargo
YRC Takes $800 Million Hit
John Gallagher |
YRC Worldwide Chairman, President and CEO William D. Zollars said the company has no plans to rebran
Trucking News
ACL Improves Reliability
Thomas L. Gallagher |
Barge operator American Commercial Lines achieved 86 percent on-time delivery for scheduled service
Maritime
Diesel Climbs 3.7 Cents to $3.345
Thomas L. Gallagher |
Retail fuel and crude oil prices rose slightly at the end of the year. The national average price fo
Trucking News
BAA calls off Jan. 7 strike
JOC Staff |
Workers at BAA Ltd.'s seven U.K. airports, including London Heathrow, Europe's busiest, called off t
Air Cargo
Cosco orders 16 ships
JOC Staff |
China Cosco Holdings Ltd. said it is ordering sixteen 4,250-TEU vessels for $1.08 billion to meet ri
Maritime
Brazil to invest billions in infrastructure
The JOURNAL of COMMERCE ONLINE |
Brazil will invest $285 billion over the next few years on upgrading the country's infrastructure fo
Transport, Trade and Regulation News
Subsidy complaints could further sour WTO trade talks
Alan Field/The JOURNAL of COMMERCE ONLINE |
In a dispute that provides a further setback to multilateral Doha Round negotiations, the World Trad
Transport, Trade and Regulation News
Rotterdam posts record volume
Bruce Barnard/Special to The JOURNAL of COMMERCE |
The Port of Rotterdam, Europe's largest container hub, increased container traffic in 2007 by 12 per
Maritime
Port strike blocks Chilean copper shipments
JOC Staff |
A 2-day-old strike at the northern Chile port of Angamos is blocking shipments from Codelco, the wor
Maritime
UK airports face strikes as talks fail
Bruce Barnard/Special to The JOURNAL of COMMERCE ONLINE |
LONDON -- London Heathrow, Europe's third-largest cargo airport, and other U.K. freight hubs face a
Air Cargo
Carriers fight proposed reduction in free time at Nehru
Special to The JOURNAL of COMMERCE ONLINE |
MUMBAI, India -- Container lines calling at India's Port of Jawaharlal Nehru are protesting a move b
Maritime
Port of Cochin extends carrier incentive
Special to The JOURNAL of COMMERCE ONLINE |
MUMBAI, India -- India's Port of Cochin will extend concessions on vessel-related charges to mainlin
Maritime
NYK to liquidate two Panama units
Special to The JOURNAL of COMMERCE ONLINE |
TOKYO -- NYK Line said it will dissolve two of its wholly owned vessel-owning subsidiaries in Panama
Maritime
Kintetsu set to open Vietnamese subsidiary
Hisane Masaki/The JOURNAL of COMMERCE ONLINE |
TOKYO -- Kintetsu World Express Inc., Japan's second largest international air forwarder, will open
Transport, Trade and Regulation News
NYK expects to invest in Shanghai terminal
The JOURNAL of COMMERCE ONLINE |
NYK Line said it expects to be admitted as an investor in Phase 3B of Da Xiao Yang Shan Container Te
Maritime
Evergreen chief says liner shipping profits to improve
JOC Staff |
Evergreen Marine Chairman Wang Lung-hsiung said the container shipping industry can expect improved
Transport, Trade and Regulation News
STB Finds DM&E Transaction 'Significant'
Thomas L. Gallagher |
The Surface Transportation Board on Dec. 27 accepted for consideration an application from the Canad
Rail News
Truck Tonnage Grew in November
Thomas L. Gallagher |
Truck tonnage increased in November on both a monthly and yearly basis. But the seasonally adjusted
Trucking News
Cross-Border Program Presses Ahead
Thomas L. Gallagher |
The Federal Motor Carrier Safety Administration will press ahead with its cross-border demonstration
Transport, Trade and Regulation News
Rail Traffic Falls
Thomas L. Gallagher |
Rail traffic in the third week of December fell 2.6 percent compared with the same week a year ago,
Rail News
C.R. England Buys Trans-Man Logistics
William Hoffman |
C.R. England's logistics subsidiary extended its presence in Web-based transportation management and
Transport, Trade and Regulation News
Container Volume Slumps at Tacoma
Bill DiBenedetto |
SEATTLE -- Cargo containers moving through the Port of Tacoma fell by more than 22 percent in Novemb
Maritime
JoC, ECRI Revise Industrial Price Index
JOC Staff |
The Journal of Commerce and the Economic Cycle Research Institute on Jan. 2 will unveil a revamped I
Transport, Trade and Regulation News
EU Investigates More Carriers
JOC Staff |
All Nippon Airways Co., Air New Zealand Ltd. and Malaysian Airline System Bhd. became the latest air
Air Cargo
MOL Shifts West Coast Service
Bill DiBenedetto |
SEATTLE -- The Port of Seattle is bracing for the loss of an MOL service to the Port of Tacoma.<
Maritime
Maersk to Increase Rates to Far East
JOC Staff |
Maersk Line announced a general rate increase on exports to the Far East from the U.S. and Canada, e
Maritime
EU adds three carriers to air-cargo probe
JOC Staff |
All Nippon Airways Co., Air New Zealand Ltd. and Malaysian Airline System Bhd. became the latest air
Air Cargo
Tacoma to grab MOL box service from Seattle
Bill DiBenedetto/The JOURNAL of COMMERCE ONLINE |
SEATTLE -- The Port of Seattle is bracing for the loss of an MOL service to the Port of Tacoma.<
Maritime
Maersk to increase rates to Far East
The JOURNAL of COMMERCE ONLINE |
Maersk Line announced a general rate increase on exports to the Far East from the U.S. and Canada, e
Maritime
Antwerp's volume tops 8 million TEUs
Bruce Barnard/The JOURNAL of COMMERCE ONLINE |
The Port of Antwerp has handled more than 8 million TEUs this year, nearly 1 million TEUs more than
Maritime
Container volume slumps at Tacoma
Bill DiBenedetto/The JOURNAL of COMMERCE ONLINE |
SEATTLE -- Cargo containers moving through the Port of Tacoma fell by more than 22 percent in Novemb
Maritime
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