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Storms snip US truck tonnage, but freight demand rises
William B. Cassidy, Senior Editor, Trucking |
US truck tonnage slipped slightly less than 1 percent in September, following hurricanes Harvey and Irma, but year-over-year data shows a significant long-term increase in freight volumes.
Truckload
LTL
Quality control specialist highlights speed-to-market dangers
Greg Knowler, Senior Editor Europe |
Retail shippers risk shipment delays and even seizures when they prioritize speed over product quality control.
Logistics Technology News
Santos customs follows up week of slowdowns with strike
Rob Ward, Brazil Special Correspondent |
“The Receita Federal is intent on pushing the pedal of pain down this week.”
Transport, Trade and Regulation News
Container lines
Multiple ship schedule changes undermine visibility
Greg Knowler, Europe Editor |
It is difficult to plan for shipments with all the schedule changes and with no real visibility solutions allowing shippers to find and manage their cargo.
Logistics Technology News
Container lines
India to spend billions on road infrastructure
India Special Correspondent |
Bharat Mala supplements the much publicized Sagar Mala program.
Transport, Trade and Regulation News
Trucking News
Halterm to expand Halifax terminal capacity with RTGs
Joseph Bonney, Senior Editor |
Improvements are aimed at handling larger ships that have increased the port’s volume.
Marine terminals
Crop failures, weak prices pull down Brazil coffee exports
Rob Ward, Brazil Special Correspondent |
The United States is the largest market for Brazilian coffee exports.
Container lines
DP World posts double-digit TEU growth at terminals
Joseph Bonney, Senior Editor |
DP World’s growth rates topped this year’s 5.5 percent global throughput increase forecast by Drewry Maritime Research.
Marine terminals
Bangladesh turns to inland waterways to cut costs
Bangladesh Special Correspondent |
Bangladeshi shipping officials are hopeful that a surge of inland waterway capacity will drastically cut shipper costs and congestion.
Container lines
Outlook good for Europe-Asia backhaul capacity
Greg Knowler, Senior Editor Europe |
Exports from Europe were delayed for weeks from February as capacity tightened.
Container lines
Maritime
Dynamar: Breakbulk/project cargo market poised for recovery
Joseph Bonney, Senior Editor |
Dirk Visser, senior shipping consultant and managing editor at Dynamar, sees improvement in the breakbulk and project cargo industry.
Breakbulk News
DCLI launches gensets pools in NY-NJ, Savannah
Hugh R. Morley, Senior Editor |
The move is in response to signs that carriers are moving away from providing gensets.
Truckload
Drayage
Carrier profitability in 2018 hinges on capacity discipline
Greg Knowler, Europe Editor |
Carriers will enjoy a profitable 2017, but whether that will continue is dependent on shipping lines maintaining disciplined capacity management.
Maritime
Container lines
LA-LB to deliver clean air plan in November
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Final draft of strict clean air plan to be presented to LA-LB harbor commissions on Nov. 2.
North American ports
Marine terminals
Surging Asia volume lifts Jacksonville to 1 million TEU mark
Hugh R. Morley, Senior Editor |
Asian cargo is the fastest-growing segment of growth for the Northeast Florida port.
North American ports
US driver shortage becomes top trucking concern
Dustin Braden, Shipper Relationship Manager |
Concerns over the supply of truck drivers and the resulting increases in trucking rates will likely grow in the coming months.
Trucking labor
Drayage
LTL
Antwerp volume surges despite transshipment traffic dip
Greg Knowler, Europe Editor |
Solid container growth at the Port of Antwerp was not enough to close the gap on rival Rotterdam that has managed to boost its transshipment business.
Maritime
Japanese logistics companies pile into Myanmar SEZ
Tomoo Yatsuhashi, Japan Special Correspondent |
Japan’s logistics industry continues to pour money into Myanmar’s Thilawa special economic zone.
Logistics Technology News
Rate volatility puts carriers' BCO business at risk
Peter Tirschwell, Vice President |
“Carriers have to be willing to concede that there is interplay between the long-term contract, and spot rate customers, and that rate actions taken in the spot market can negatively impact contract shippers.”
Container lines
Russia-Turkey sea rates fall amid trade spat
Eugene Gerden, Russia Special Correspondent |
The cost for shipping from Novorossiysk to Istanbul has fallen substantially.
Transport, Trade and Regulation News
Maritime
Container lines
India mulls changes to Chabahar port tender
India Special Correspondent |
The official said four companies have met pre-selection conditions under the new tender.
Transport, Trade and Regulation News
Mega-ships dominating North Europe port calls
Greg Knowler, Europe Editor |
By 2020, hub ports in Europe can expect the vast majority of all calls to be made by ships with a capacity greater than 14,000 TEU.
Container lines
BCOs seek assurances as mega-ships begin NY-NJ calls
Hugh R. Morley, Senior Editor |
How the Port of New York and New Jersey handles the ramp up in business will go a long way in determining the port’s future growth.
North American ports
Container lines
Clouds lift for Ex-Im Bank operations
Joseph Bonney, Senior Editor |
US contractors, manufacturers, suppliers, and US-flag ocean carriers say Ex-Im Bank is essential if US-based companies are to compete with more than 60 other nations that provide export credit.
Transport, Trade and Regulation News
Ample trans-Pac capacity muffles spot rates
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
With the peak-shipping season drawing to a close, spot rates on US imports from Asia basically flatlined.
Container lines
Capacity investment helps Werner ride freight surge
William B. Cassidy, Senior Editor, Trucking |
"Relentless" investment in equipment, higher driver pay help boost capacity, revenue, profit for Werner.
Truckload
Truck brokers
LA-LB warned fee hikes could accelerate share loss
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Los Angeles-Long Beach market share has eroded steadily since 2002.
North American ports
CMA CGM carriers team up to launch new intra-Asia service
Greg Knowler, Europe Editor |
APL is expanding its intra-Asia footprint and has teamed up with a sister company to launch a new Korea service.
Maritime
Container lines
OOCL takeover gets green light from Cosco shareholders
Greg Knowler, Europe Editor |
The Cosco-OOCL takeover and the merger of Japan's three carriers into ONE show two very different approaches to M&A.
Maritime
Container lines
Rate increases manage to slow falling Asia-Europe spot prices
Greg Knowler, Europe Editor |
With just two months left of the year, carriers trying to turn around the steady rate decline on Asia-Europe are battling against a structural overcapacity undermining all attempts at increasing rates.
Container lines
Hurricanes, rising costs absorbing YRC Worldwide profits
William Cassidy |
YRC Worldwide was hit by two hurricanes and a wave of rising transportation costs in the third quarter, forcing it to lower its projected operating profit for 2017.
LTL
Brunswick’s expanded ro-ro capacity already committed
Dustin Braden, Shipper Relationship Manager |
Port officials are evaluating the best ways to keep capacity above demand.
North American ports
Breakbulk News
Driver wages and benefits jump, pushing up trucking costs
William B. Cassidy, Senior Editor, Trucking |
Truck driver wages and benefits grew for the fourth straight year in 2016.
Trucking labor
LTL
Indian government ports expand market share
India Special Correspondent |
Although the gain is encouraging for public ports, the threat private ports pose to their market share remains.
International ports
Breakbulk market recovery — 2018, 2019, or later?
Joseph Bonney, Senior Editor |
Optimism has been in short supply for breakbulk and project carriers.
Breakbulk News
CSX’s intermodal overhaul holds promise for shippers
Mark Szakonyi, Executive Editor |
CSX Transportation’s overhaul of its network ultimately may benefit shippers.
North-American rail
Brazil box shuttle finds success in first year
Rob Ward, Brazil Special Correspondent |
The shuttle plugs a gap in south Brazilian logistical networks that emerged seven years ago.
International ports
Ship financing on the cusp of major change
Bruce Barnard, Special Correspondent |
The shipping industry is about to register a significant milestone.
Container lines
BCOs face steep price tag for LA-LB clear air rules
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
The ports of Los Angeles and Long Beach will soon release the final draft of an update to its historic Clean Air Action Plan.
North American ports
Transport, Trade and Regulation News
Container lines
Amid congestion, Prince Rupert says service restoration on track
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Congestion problems at Prince Rupert continue to plague beneficial cargo owners after six weeks.
International ports
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