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US Shippers Urge House to Raise Inland Waterways Fuel Tax
JOC Staff |
More than 75 business, agriculture and labor groups and local governments are urging the U.S. House of Representatives to hike the fuel tax that barge and towing companies pay into the Inland Waterway Trust Fund.
Transport, Trade and Regulation News
OOCL Leases Office Space in Utah
JOC Staff |
OOCL has leased 50,000 square feet of office space in the RiverPark 7 building in South Jordan, Utah.
Container lines
Industrial Real Estate News
Mumbai Port to Begin Maintenance Dredging
JOC Staff |
India’s Mumbai Port Authority has awarded Van Oord Dredging and Marine Contractors a contract for maintenance dredging of port berths to help alleviate draft restrictions.
International ports
Port infrastructure
Japanese Container Exports Seen Rising 3 Percent in FY 2013
JOC Staff |
Japanese containerized cargo exports will rise 3.0 percent in fiscal 2013, which started on April 1, to 5.176 million 20-foot-equivalent units (TEUs), amid a moderate recovery in the global economy, a Tokyo-based research firm predicted in a new report.
Container lines
Air Cargo
Forwarding
Private Fleets Poised for Growth
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
While for-hire trucking companies are shedding assets and focusing on profits, a national survey of private fleet operators revealed that 67 percent of the respondents expect their operations to grow in the coming years.
Diana Containerships Receives Post-Panamax Vessel
JOC Staff |
Diana Containerships, through a separate wholly-owned subsidiary, has taken delivery of the Pucon, a 2006-built post-Panamax container ship of about 6,500 20-foot-equivalent capacity.
Container lines
Boskalis to Dredge for New Bronka Port in Russia
JOC Staff |
Royal Boskalis Westminster has won a €130 million (about US$175.3 million) contract from CJSC Baltstroy for the dredging and construction of the Bronka Port shipping channel in St. Petersburg, Russia.
APM Terminals Gothenburg Orders STS, Gantry Cranes
JOC Staff |
Liebherr Container Cranes has received an order from APM Terminals Gothenburg in Sweden for two ship-to-shore cranes and two rail-mounted gantry cranes.
Marine terminals
Piracy Trends Fuel Lower Insurance Premiums
Peter T. Leach, Editor-at-Large |
The trend in global pirate attacks is bringing shippers good news and bad news.
Container lines
Hapag-Lloyd Poaches Damco Boss as New CEO
JOC Staff |
Hapag-Lloyd has recruited Rolf Habben-Jansen, the head of Damco, A.P. Moller-Maersk’s global logistics unit, to succeed Michael Behrendt, CEO of the German ocean carrier.
Container lines
IATA Cuts Airlines’ Profit Forecast
JOC Staff |
A weakening cargo market and economic slowdown in Asia will cut global airlines profit in 2013 by 8 percent to $11.7 billion, according to the International Air Transport Association.
Air Cargo Carriers News
Container Traffic for Ports of Seattle, Tacoma Declined in August
JOC Staff |
The ports of Seattle and Tacoma’s combined container volume in August was 296,289 20-foot-equivalent units, declining 5.5 percent from 313,602 TEUs in August 2012.
North American ports
Vitran Sells U.S. LTL Business for $2 Million
JOC Staff |
Trucking company Vitran is on a route back to Canada across Detroit's Ambassador Bridge.
LTL
First 13,800-TEU Ship Delivered for Evergreen Service
JOC Staff |
A Greek shipowner-charterer has taken delivery of the first in a series of 10 ships with capacities of 13,800 20-foot-equivalent units that will be deployed on Evergreen Line services.
Container lines
South Carolina’s Inland Port to Test Potential for Short-Haul Intermodal
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
When the South Carolina Ports Authority broke ground for an inland port at Greer, S.C., it implemented a strategy that was based upon securing an anchor tenant and linking that exporter to the Port of Charleston with multi-modal transportation options that include short-haul rail.
North American ports
Trucking News
Intermodal providers
Evergreen Marine Chairman C.J. Wang Dead at 61
JOC Staff |
Capt. C.J. Wang, chairman of Evergreen Marine Corp., died of illness Sept. 20 at the age of 61, the company said. Evergreen President C.Y. Chang will take over the chairman’s duties temporarily until the board elects a new chairman.
Container lines
Port Manatee, Pasha Group to Develop Ro-Ro Terminal in Florida
JOC Staff |
Port Manatee and The Pasha Group are teaming up to develop and market a roll-on, roll-off terminal near the entrance to Tampa Bay in Florida.
North American ports
Hapag-Lloyd to Launch Black Sea Service
JOC Staff |
Hapag-Lloyd will launch a Black Sea Feeder service connecting Egypt’s Port Said with ports on the Black Sea and in Israel and Turkey.
Container lines
Restraining Order Ends Strike Against Wheeling & Lake Erie Railway
JOC Staff |
U.S. District Court Judge John R. Adams has issued a temporary restraining order in Akron, Ohio, ending a strike by workers with the Brotherhood of Locomotive Engineers and Trainmen...
North-American rail
Rickmers Teams Up With US Investor to Buy Container Ships
JOC Staff |
Rickmers Group, the German shipowner, has established a joint venture with funds linked with U.S.-based Apollo Global Management to buy container ships.
Breakbulk carriers
Global Ports’ Profit Falls Nearly 26 Percent
JOC Staff |
Russia’s Global Ports reported its first-half net income fell 25.9 percent from a year ago to $53.7 million on stagnant container traffic and lower oil products shipments.
Marine terminals
Rogers Leaves YRC Freight, Welch Takes Over
William B. Cassidy, Senior Editor, Trucking |
James Welch, CEO of YRC Worldwide, is taking charge at YRC Freight, replacing President Jeff Rogers, who left the less-than-truckload carrier abruptly.
LTL
Ocean Carrier Rate Revision Roundup for Sept. 20
JOC Staff |
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in September and October.
Forwarding
Strike Hits Wheeling & Lake Erie Railway
JOC Staff |
More than 100 members of the Brotherhood of Locomotive Engineers and Trainmen today struck the Wheeling & Lake Erie Railway to protest...
North-American rail
Norfolk Southern Names Stewart Executive Vice President, CFO
JOC Staff |
Marta R. Stewart will succeed John P. Rathbone as executive vice president and chief financial officer for Norfolk Southern Corp., effective Nov. 1. She will report to NS President James A. Squires.
North-American rail
Nagoya’s Container Trade Edges Up
JOC Staff |
The number of foreign trade containers handled by the Port of Nagoya in central Japan edged up 0.8 percent in the first half of this year from a year earlier to 1.226 million 20-foot equivalent units, according to preliminary figures released by the Nagoya municipal government.
International ports
Currency Overvaluation Hits China’s Competitiveness
Mike King, Special Correspondent |
China’s exporters could face even more intense pressure from rivals in Asia if the renminbi continues to strengthen, according to one analyst.
Container lines
Japanese Exports to US Surge
JOC Staff |
Japan’s exports to the United States rose for the eighth straight month in August on a year-on-year basis, surging 20.6 percent to 1.069 trillion yen ($10.8 billion), according to preliminary figures released by the Finance Ministry on Sept. 19.
Container lines
Match-Back Key to Growth in US Containerized Agricultural Exports
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Farmers, railroad and shipping executives agree that if together they can find a way to efficiently ship grain from the rural interior to seaports, the export of containerized grain products would know no limits.
Container lines
Forwarding
Roadrunner Acquires YES Trans
JOC Staff |
Roadrunner Transportation Systems has acquired substantially all of the assets of YES Trans, a refrigerated truckload service provider based in Salisbury, Mass.
LTL
Cool Cargo News
IMO Approves Compromise Proposal for Weighing Containers
JOC Staff |
The International Maritime Organization today backed a compromise proposal for verifying the weight of containers before they are loaded on board ships.
Transport, Trade and Regulation News
Forwarding
IBIA Supports UK Call for IMO’s Low-Sulphur Fuel Availability Study
JOC Staff |
The International Bunker Industry Association has welcomed the U.K. government’s call for the International Maritime Organization to expedite the release of its study on...
Transport, Trade and Regulation News
Forwarding
DHL Appoints New CEO for Indian Operations
JOC Staff |
DHL Global Forwarding, the air and ocean freight subsidiary of DHL, has appointed Samar Nath as its new chief executive officer and country manager for India.
Logistics Technology News
Crane Worldwide Logistics Adds Delhi Office
JOC Staff |
Crane Worldwide Logistics has expanded its presence in India by opening a new office in Delhi.
Logistics Technology News
US DOT Chief Won’t Say When Hours of Service Field Study Will Be Done
JOC Staff |
Transport, Trade and Regulation News
Trucking News
Push for More Aggressive Harbor Maintenance Trust Fund Reform Stalls in WRRDA
Mark Szakonyi, Executive Editor |
The U.S. port and inland waterway industry is celebrating that a major port and inland waterway bill is headed to the House floor for a vote next month after being passed by the Transportation and Infrastructure Committee.
Transport, Trade and Regulation News
North American ports
House Committee Approves Water Resources, Trucking Bills
JOC Staff |
The U.S. House of Representatives’ Committee on Transportation and Infrastructure today approved H.R. 3080, the Water Resources Reform and Development Act of 2013, which aims to streamline the infrastructure project delivery process.
Transport, Trade and Regulation News
Trucking News
North American ports
Vanta to Take Helm of Duluth Seaway Port Authority
JOC Staff |
The Duluth Seaway Port Authority’s board of commissioners today appointed Vanta E. Coda II as its new executive director, effective Oct. 1.
North American ports
FMC Looks Into China’s VAT
JOC Staff |
The Federal Maritime Commission said it is “considering a range of options to obtain further clarity” on how China is implementing a new nationwide value-added tax on international transportation services.
Transport, Trade and Regulation News
Forwarding
Survey: Europe-Based Freight Expected to Improve
JOC Staff |
The Stifel Nicolaus Logistics Confidence Index, a monthly survey of international shippers and forwarders measuring Europe-based air and ocean freight trade lanes...
Forwarding
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