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FedEx economist sees steady global growth in '06
JOC Staff |
The chief economist for FedEx Corp. said he expects steady global economic growth this year.
Transport, Trade and Regulation News
Trade Deficit Increases
Thomas L. Gallagher |
The goods and services deficit increased in December and for the year 2005, according to a report re
Transport, Trade and Regulation News
Frankfurt Airport expands perishables hub
JOC Staff |
Frankfurt Airport in April will start a major expansion of its Perishables Center to be completed in
Air Cargo
UPS raises dividend
JOC Staff |
UPS boosted its quarterly dividend to 38 cents a share from 33 cents, payable March 7 to holders of
Transport, Trade and Regulation News
DOT Sets Agenda
Angela Greiling Keane |
Transportation Secretary Norman Mineta quietly convened top Department of Transportation officials l
Transport, Trade and Regulation News
Hutchison clearance delays Mumbai terminal bids
JOC Staff |
The Indian government wants to postpone bids for the Port of Mumbai's $272 million offshore containe
Maritime
Matson adding ro-ro capacity
JOC Staff |
Matson Navigation Co. said it is converting one of its C-9 containerships, MV Mokihana, to a combina
Maritime
Hamburg SŸd opens Mexico office
JOC Staff |
Hamburg S?d is opening an office in Mexico City April 3.Subsidiary Hamburg S?d Mexico S.A. d
Maritime
Suez Canal reopens
JOC Staff |
The Suez Canal has reopened after tug boats moved a cargo ship which had blocked the canal on Wednes
Maritime
ACE Aviation to Cut Non-Union Jobs
John D. Boyd |
Air Canada's parent company, ACE Aviation Holdings, reported a big fuel-driven loss for the final th
Air Cargo
Rail, Intermodal Traffic Surge
JOC Staff |
Class 1 railroad traffic improved by 5.1 percent year-over-year in the fifth week (ended Feb. 4). Co
Rail News
TNT Completes French Sale
JOC Staff |
TNT and Pierre-Michel Mendy/Groupe Lapegue signed an agreement for the sale of the activities of Tra
Transport, Trade and Regulation News
U.S. trade deficit mark in 2005
JOC Staff |
The U.S. trade deficit rose to an all-time high of $725.8 billion in 2005, up 17.5 percent from the
Transport, Trade and Regulation News
CDW Opens Second DC
William Hoffman |
Technology products retailer CDW opened its second distribution center in North Las Vegas to serve c
Transport, Trade and Regulation News
USPS Volume, Revenue, Service Decline
Thomas L. Gallagher |
The quarter ending Dec. 31 was a hard one for the U.S. Postal Service. Revenue and mail volume were
Transport, Trade and Regulation News
Yellow Driver Killed in Crash
JOC Staff |
A driver for Yellow Transportation was killed this week when his tractor-trailer crashed into anothe
Trucking News
Medical Logistics Firm Created
William Hoffman |
Two Swiss firms have formed a joint company to market production logistics systems to pharmaceutical
Transport, Trade and Regulation News
FedEx Makes Deal to Curb Cigarette Shipments
John D. Boyd |
FedEx reached an agreement with attorneys general in several states to curb shipments of shipments a
Air Cargo
Port of Portland to Expand Auto Facility
JOC Staff |
The Port of Portland awarded a construction contract Feb. 8 to add 35 acres of porous blacktop to Au
Maritime
Fuel cuts "K" Line outlook
By Peter T. Leach |
The JOURNAL of COMMERCE ONLINE"K" Line today said high fuel costs and weaker freight rates h
Maritime
PSA-P&O would be top port operator: Fitch
By Peter T. Leach |
The JOURNAL of COMMERCE ONLINEFitch Ratings said that if Singapore's PSA International succe
Maritime
Double-digit gains for LA on-dock rail
By Bill Mongelluzzo |
The JOURNAL of COMMERCE ONLINE LOS ANGELES -- On-dock rail traffic at the ports of Los A
Maritime
Hub profits up
JOC Staff |
Hub Group racked up record fourth-quarter net income of $10.1 million, up 45 percent from $6.9 milli
Transport, Trade and Regulation News
Cosco, Evergreen plan all-water service
JOC Staff |
Cosco Container Lines and Evergreen Marine Corp. are planning to launch a new all-water service from
Maritime
MOL lowers forecast
By Peter T. Leach |
The JOURNAL of COMMERCE ONLINEMOL cut its full-year profit forecast in the face of higher fu
Maritime
Record Use of On-Dock Rails in L.A.
JOC Staff |
The Port of Los Angeles saw record use of its on-dock rail facilities in 2005, which the port says i
Rail News
Heathrow to Alter Fuel Rationing Plan
John D. Boyd |
In a bid to end a growing fight between two major U.S. airlines and London's Heathrow International
Air Cargo
Costs to pressure NYK results
JOC Staff |
Japan's largest shipping line today reduced its full-year profit target to 85 billion yen ($717 mill
Maritime
Three nominated to Tampa Port Authority
JOC Staff |
Three Tampa Bay area businessmen have been nominated to the Tampa Port Authority by Florida Gov. Jeb
Maritime
P.A.M. Doubles 4Q Income
Thomas L. Gallagher |
Still fighting increasing operating costs, truckload carrier P.A.M. Transportation Services on Feb.
Trucking News
Pacer profits improve
JOC Staff |
Third-party logistics provider Pacer International said fourth-quarter profits totaled $20.4 million
Transport, Trade and Regulation News
Click Commerce acquires on-demand software business
JOC Staff |
Click Commerce announced it has acquired the on-demand e-commerce software business of Elance, Inc.
SMC Elects New Board Chairman
JOC Staff |
The board of directors of transportation management firm SMC unanimously elected Mark Davis its new
Transport, Trade and Regulation News
UPS Expands 2nd Day Delivery
John D. Boyd |
UPS made several changes to expand its second-day air service, saying it would deliver the packages
Air Cargo
Crown Jewels Forms Private Fleet
Bill Carey |
Crown Jewels Marketing, a Fresno, Calif.-based supplier of fruit and vegetables, recently acquired C
Trucking News
Vitran Scores Best Quarter
Bill Carey |
Canadian trucking firm Vitran said it achieved its best-ever fourth quarter results, earning US$5 mi
Trucking News
IBM expands supply chain services
JOC Staff |
IBM today announced the acquisition of Viacore, Inc., a provider of business process software for r
Transport, Trade and Regulation News
Zollars Critical of Rail Service
JOC Staff |
YRC Worldwide Chairman Bill Zollars is joining a growing chorus of trucking voices saying that the t
Rail News
MISC joins INTTRA network
JOC Staff |
Malaysia International Shipping Corp. has joined the INTTRA, the electronic ocean shipping portal, t
Maritime
Pacer Earnings Increase in 2005
John Gallagher |
Pacer International profits increased by 20 percent in the fourth quarter of 2005 to $20.4 million,
Rail News
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