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HMM says it will join new alliance after restructuring
Xiaolin Zheng, Special Correspondent |
Hyundai Merchant Marine is working to assure the shipping public that it will continue to remain operational after the revelation that the South Korean carrier had been left out of the world’s newest shipping alliance, THE Alliance.
Container lines
DSV overcomes losses at newly acquired UTi Worldwide
Bruce Barnard, Special Correspondent |
DSV, the Danish trucking and logistics group, posted a slightly higher first-quarter operating profit despite losses incurred by UTi Worldwide.
Logistics Technology News
ICTSI profit drops despite throughput rise
Turloch Mooney, Senior Editor, Global Ports |
International Container Terminal Services reported a drop in year-over-year net income during the first quarter.
Marine terminals
HPH to weigh boxes at most of its terminals
Turloch Mooney, Senior Editor, Global Ports |
Hutchison Port Holdings laid out how it will handle the SOLAS container weight rule when it takes effect July 1.
Marine terminals
HHLA container traffic down but says market bottoming out
Bruce Barnard, Special Correspondent |
HHLA’s terminals handled fewer containers in the first quarter than a year ago, but Hamburg’s biggest stevedore believes the market has bottomed out.
Marine terminals
Hapag-Lloyd sinks into the red
Bruce Barnard, Special Correspondent |
Hapag-Lloyd slumped to a net loss in a “very challenging” first quarter.
Container lines
New alliance set to take on 2M, Ocean Alliance
Turloch Mooney, Senior Editor, Global Ports |
The line up of the new alliance aimed at competing with the 2M and Ocean Alliance has been announced.
Container lines
US importers accelerate Asia cargo shift to East Coast ports
JOC Staff |
JOC.com examined changes in market share by analyzing data from PIERS, a sister product of JOC.com within IHS.
North American ports
US truckload linehaul, intermodal rates drop lower
William B. Cassidy, Senior Editor, Trucking |
Cass/Avondale indices for April show continued decline in truckload and intermodal pricing.
Truckload
NY-NJ port eyes more projects to better handle larger ships
Hugh Morley, Senior Editor |
The Port of New York and New Jersey will soon complete a multiyear $2.1 billion project to deepen its channel to 50 feet but contemplates whether further work is needed.
North American ports
Maritime
As volumes rise, ODFL expands terminal network
William B. Cassidy, Senior Editor, Trucking |
Old Dominion Freight Line is filling in gaps in its terminal network and building freight density.
LTL
Import rise at LA port signals return to normal patterns
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Containerized imports at the Port of Los Angeles increased as trade flows in the trans-Pacific appear to be returning to normal seasonal patterns.
North American ports
NVOCC, forwarders pay steep fines to settle misrepresentation allegations
Dustin Braden, Shipper Relationship Manager |
Five non-vessel-operating common carriers and forwarders have paid the U.S. Federal Maritime Commission to settle allegations they misrepresented cargo to carriers.
Transport, Trade and Regulation News
Lufthansa Cargo, Cathay Pacific partner on network
Bruce Barnard, Special Correspondent |
Lufthansa Cargo and Cathay Pacific have signed a partnership to operate a joint network.
Air Cargo Carriers News
Chassis lessor DCLI to be sold to infrastructure fund
Joseph Bonney, Senior Editor |
One of the big three providers of U.S. marine chassis is being sold to a new owner.
Rail News
Drayage
North American ports
Idle box fleet dips, set to shrink more in coming weeks
Bruce Barnard, Special Correspondent |
The idle container ship fleet shrank marginally over the past fortnight as some Panamax vessels found work, but the outlook for this size sector remains bleak, according to Alphaliner.
Container lines
Cosco Pacific buys stake in Rotterdam terminal
Bruce Barnard, Special Correspondent |
China’s Cosco Pacific is buying a stake in Rotterdam’s Euromax container terminal from Hong Kong-based Hutchison Port Holdings.
International ports
Major Indian trucker moves into refrigerated transportation
India Special Correspondent |
Trucking giant Transport Corporation of India is moving into the cold chain logistics.
Trucking News
Cool Cargo News
Strong North Europe traffic carries DFDS to record performance
Bruce Barnard, Special Correspondent |
DFDS posted record-high first-quarter earnings as freight traffic soared.
Container lines
LA-Long Beach terminals mull SOLAS container weighing
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Terminal operators fear that weighing export containers with the precision that might be required under SOLAS could intensify gate congestion in the largest U.S. port complex of Los Angeles-Long Beach.
Marine terminals
North American ports
US rule expands oversight of shippers, transport providers
William B. Cassidy, Senior Editor, Trucking |
Far-reaching regulation will affect many smaller U.S. transport operators, shippers as well as large companies.
Transport, Trade and Regulation News
Longshore labor
Trucking labor
Container lines work to ease US exporters’ SOLAS liability fear
Mark Szakonyi, Executive Editor |
A group of 19 container lines has announced a plan to ease the concerns of U.S. exporters over liability when it comes to SOLAS.
Transport, Trade and Regulation News
Container lines
KCS names new CEO to succeed Starling
Reynolds Hutchins, Associate Editor |
Kansas City Southern Railway announced the name of its new chief executive officer Wednesday.
North-American rail
To secure capacity, US shippers urged to keep truckers close
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Truck capacity is overwhelmingly concentrated among small and midsize carriers.
LTL
Truckload
Truck brokers
US importers urge carriers to disclose SOLAS cut-off times
JOC Staff |
U.S. importers are urging container lines to disclose the cut-off times for the sending of verified gross mass declarations to ease their fears over the supply chain grinding to a halt.
Transport, Trade and Regulation News
Container lines
New index helps shippers gauge when to convert truck loads to rail
Reynolds Hutchins, Associate Editor |
Shippers torn between road and rail have a new tool they can use to help make the decision.
North-American rail
Trucking News
Survey sends warning signal to US truckload carriers
William B. Cassidy, Senior Editor, Trucking |
Although truckload carriers are getting more profitable, their efficiency is flagging, a survey by TMW Systems shows.
Truckload
Maersk ship damaged in collision off China still burning, but safe to tow
Greg Knowler, Senior Editor Europe |
The Maersk Line-operated container ship Safmarine Meru is without power and continues to burn after a collision but has been deemed safe to tow.
Container lines
DHL has 'strongest quarter' in its history
Bruce Barnard, Special Correspondent |
Deutsche Post DHL hailed the “strongest quarter” in its history.
Logistics Technology News
Japan to join Iran, India in Chabahar port development
Turloch Mooney, Senior Editor, Global Ports |
The Japanese government is planning to invest in a port in southeastern Iran centered on the city of Chabahar.
International ports
AirBridgeCargo sets traffic record
Bruce Barnard, Special Correspondent |
AirBridgeCargo traffic surged to a record high in the first quarter.
Air Cargo Carriers News
Slideshow: The evolution of vessels in container shipping
Dustin Braden, Shipper Relationship Manager |
Ships plying the oceans of the world have evolved with the growth in trade. Here's a condensed look at some of the vessels that have molded the container shipping industry.
Container lines
LA-LB truck turn times inch up
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Truck turn times at container terminals in the ports of Los Angeles and Long Beach got a bit longer last month, but still remain below what has been described as a new normal for the harbor trucking community.
Drayage
India finalizes SOLAS guidelines, changes tolerance limit
India Special Correspondent |
India shippers will have more leeway on the tolerance level of variation for container weights, and one decision of the Directorate General of Shipping could impact shippers.
Transport, Trade and Regulation News
APM Terminals will weigh containers at 29 ports, plans for more
Bruce Barnard, Special Correspondent |
APM Terminals announced Wednesday it will provide container weighing services at 29 locations across its global network to ensure a smooth transition to an international regulation that comes into force on July 1.
Transport, Trade and Regulation News
NY-NJ port terminal to offer SOLAS weighing to shippers for a fee
Hugh Morley, Senior Editor |
The first terminal at the Port of New York and New Jersey has announced how it will respond to the SOLAS container weight rule.
Transport, Trade and Regulation News
Container lines
North American ports
Third major shipping alliance on the cusp of announcement
Mark Szakonyi, Executive Editor |
A third major shipping alliance could be announced as soon as this week.
Container lines
LTL carrier A. Duie Pyle expands dedicated logistics business
William B. Cassidy, Senior Editor, Trucking |
Northeast regional LTL carrier A. Duie Pyle is blending warehousing, distribution and dedicated trucking to attract shippers.
LTL
Truckload
Largest terminals at India's leading port join productivity-boosting initiative
India Special Correspondent |
Authorities at Jawaharlal Nehru Port Trust seem to have resolved issues tied to the introduction of an expanded “direct port delivery” scheme.
International ports
Low oil price fuels big profit gain at Nippon Express
Hisane Masaki, Japan Special Correspondent |
Nippon Express Co., Japan’s largest international freight forwarder, saw its net profit surge by double-digits in 2015.
Logistics Technology News
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