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Platts Containers Update
NY-NJ Container Terminals Hit by Chassis Shortage
Peter T. Leach, Senior Editor |
The Port of New York and New Jersey is facing a shortage of chassis available for use in draying containers to and from the terminals.
Port News
Virginia Extends Deadline for Terminal Bids
Peter T. Leach, Senior Editor |
The Virginia Department of Transportation said Wednesday it is extending until Aug.
Port News
Forwarding
DHL CEO Discusses Acquisition Plans, Growth Options
Mike King, Special Correspondent |
DHL will look to smaller “bolt-on” acquisitions rather than major takeovers to speed growth in the years ahead, according to Frank Appel, CEO of Deutsche Post DHL.
Air Cargo Forwarder News
Global Semiconductor Sales in May Rose 1.4 Percent From April
Mark Szakonyi, Associate Editor |
Global semiconductor sales in May rose 1.4 percent from the prior month, giving the struggling air cargo industry, which typically ships the foundation technology, a slight boost in the arm.
Air Cargo Forwarder News
Air Cargo
Trans-Pacific Spot Rate Declines 2.9 Percent
Peter T. Leach, Senior Editor |
Average spot rates in the eastbound trans-Pacific trade lane fell 2.9 percent this week, dropping for the second week in a row since carriers put a peak-season surcharge into effect on June 10.
Forwarding
Hapag-Lloyd Sets Congestion Fee at Dammam Port
JOC Staff |
German ocean carrier Hapag-Lloyd will impose a congestion surcharge on all cargo moving to and from the Port of Dammam, Saudi Arabia.
Port News
ILWU Protests Use of Non-Union Labor in Oregon
Bill Mongelluzzo, Associate Editor |
International Longshore and Warehouse Union members this week are picketing a barge facility in southern Oregon to protest a lumber company’s use of non-ILWU labor to load and unload wood produc
Longshore labor
Oscar Abello, Former 'K' Line America CEO, Dies
Peter T. Leach, Senior Editor |
Oscar J. Abello, the former president, CEO and chairman of "K" Line America, died on Sunday, July 8, in Pembroke Pines, Fla., where he had retired.
Container lines
Retailers Optimistic Imports Will Increase This Fall
Bill Mongelluzzo, Associate Editor |
Retailers continue to plan for increased imports this fall despite discouraging news recently regarding consumer confidence, employment numbers and retail sales.
Forwarding
Maritime
RILA to ILA, USMX: Settle Contract Before Sept. 30
Peter T. Leach, Senior Editor |
The association representing the largest U.S.
Longshore labor
Lufthansa Cargo Sees Drop in Volume and Revenue
Bruce Barnard, Special Correspondent |
Germany’s Lufthansa Cargo carried 4.6 percent less freight in June than a year ago as it slashed capacity in line with weakening demand on its key Americas and Asia-Pacific routes.
Air Cargo Carriers News
Vietnam’s Cai Mep Losing Carrier Appeal, Alphaliner Says
Bruce Barnard, Special Correspondent |
Vietnam’s ambitious Cai Mep container port is losing its appeal to ocean carriers, according to Alphaliner, as lower-than-expected cargo volumes have cut the number of weekly direct line-haul se
Port News
Forwarding
Report: Japanese Container Trade Will Rise 3.2 Percent in Fiscal 2012
Hisane Masaki, Special Correspondent |
Japan's containerized cargo trade will rise 3.2 percent year-over-year in fiscal 2012, which started on April 1, to 12.865 million 20-foot equivalent units, a Tokyo-based research firm predicted in a
Forwarding
Judge Rules Against Dismissal of Savannah River Dredging Suit
Peter T. Leach, Senior Editor |
The fate of the long-planned Savannah Harbor Expansion Project remains undecided after a federal judge ruled against the dismissal of an environmentalists’ lawsuit aimed at blocking a pollution
Port News
Forwarding
Port infrastructure
Maersk Sets Rate Hikes on Asia Services
JOC Staff |
Maersk Line plans to implement a new round of general rate increases in its Asia services that would take effect Aug. 1.
Container lines
Forwarding
Diesel Prices Rise for First Time in Three Months
Mark Szakonyi, Associate Editor |
Diesel prices in the U.S. rose for the first time in three months, climbing 3.5 cents in the week ending July 9 as oil prices rose more than a $1.
Truckload
Trucking News
EGT’s Design and Efficiency Touted at Opening Ceremonies
Bill Mongelluzzo, Associate Editor |
Agricultural exports, such as grain shipments moving through the new EGT terminal in Longview, Wash., are leading the economic recovery, the chief agricultural negotiator at the Office of the U.S.
Port News
Forwarding
SC Ports Authority Plans Inland Port, Rail Terminal in Greer
Peter T. Leach, Senior Editor |
The South Carolina State Ports Authority plans to develop an inland port in Greer, S.C, together with Norfolk Southern to improve the efficiency of international container movements between the Port o
Port News
Market Share, Revenue Gain Forecast for Trucking
William B. Cassidy, Senior Editor |
Total U.S. freight tonnage will grow 21 percent by 2023, as freight revenue rises 59 percent, the American Trucking Associations predicts in a new freight forecast.
Trucking News
Air Cargo Forwarder News
North-American rail
Developer Sought for Nova Scotia Container Hub
Peter T. Leach, Senior Editor |
Cape Breton is looking for a terminal operator to build a container terminal on a greenfield tract of land in the deep-water harbor of Sydney, Nova Scotia.
Port News
Forwarding
Port infrastructure
Brazil’s ‘Turtle Strike’ Continues to Slow Ports
Peter T. Leach, Senior Editor |
Brazilian Customs officials continued the slowdown in inspections at most Brazilian ports
Port News
Air Menzies Begins Online Express Import Rates Service
Mike King, Special Correspondent |
Air Menzies International is now offering all-inclusive online express import rates and bookings in the U.S. from global destinations.
Air Cargo Carriers News
Kerry Logistics Plans Further Expansion in Thailand
Mike King, Special Correspondent |
Kerry Logistics plans to expand its presence in Thailand further.
Industrial Real Estate News
GACAG Slams National Approach to Air Cargo Security
Mike King, Special Correspondent |
The Global Air Cargo Advisory Group has warned regulators that national, ad hoc and impractical approaches to advance electronic information systems will undermine air cargo security and increase cost
Air Cargo Forwarder News
Box Ships Pulls Public Offering
Bruce Barnard, Special Correspondent |
Box Ships Inc.
Forwarding
Container lines
Nehru Port Dockworkers Call Off Strike
JOC Staff |
Unionized dockworkers called off a threatened strike at the APM Terminals facility in India’s P
Port News
Etihad Crystal Cargo Posts Record Traffic
Bruce Barnard, Special Correspondent |
Etihad Crystal Cargo’s traffic soared 21 percent in the first half of 2012 from a year ago to a record 175,000 metric tons as the Abu Dhabi carrier expanded its all cargo-fleet and freighter net
Air Cargo Carriers News
Oakland Wins Port Security Grants
Bill Mongelluzzo, Associate Editor |
The Port of Oakland is scheduled to receive more than $3.5 million in federal port security grant funding for three security projects during the current fiscal year.
Port News
Cass Shipment Index Up 1.3 Percent in June
William B. Cassidy, Senior Editor |
Truck shipments rose in June from May but were down year-over-year, while freight spending by shippers declined, according to Cass Information Systems.
Trucking News
Four Railroads Appeal Class Action Status of Price-Fixing Lawsuit
Mark Szakonyi, Associate Editor |
The top four U.S.
Intermodal providers
Rail News
North-American rail
Transport Employment Drops Slightly
William B. Cassidy, Senior Editor |
Transportation and warehousing lost about 2,200 jobs in June, after a 36,000 job hiring spree in May,
Transport, Trade and Regulation News
Air Cargo
Trucking News
Rail News
Maritime
Trucking labor
APM's Vietnam Terminal Expects 600,000 Containers This Year
Bruce Barnard, Special Correspondent |
Cai Mep International Terminal will handle close to 600,000 20-foot equivalent units in 2012, representing 50 percent of the containers moving through the Vietnamese port which has five other terminal
Port News
Container lines
Few Trucking Jobs Added in June
William B. Cassidy, Senior Editor |
The Journal of Commerce Trucking Employment Index edged up one-tenth of a percentage point in June as trucking hiring slowed to a crawl.
Trucking labor
Longshore labor
Japanese Shipowners Call for Withdrawal of Panama Toll Hikes
Peter T. Leach, Senior Editor |
The Japanese Shipowners’ Association voiced strong objections on Friday to the toll increases proposed by the Panama Canal Authority and urged it to withdraw the increases scheduled for this Oct
Forwarding
International ports
Kuehne + Nagel Acquires Canadian Perishables Forwarder
Bruce Barnard, Special Correspondent |
Kuehne + Nagel is acquiring the business contracts of Canada’s Perishables International Transportation in the latest expansion of Swiss logistics giant’s global fresh and frozen foods net
Logistics Technology News
Air Cargo Carriers News
Cool Cargo News
Maersk to Raise India-Latin America Rates
JOC Staff |
Maersk Line will seek a general rate increase on shipments from India to Latin America, effective Aug. 1. The proposed increase will be $150 per 20-foot-equivalent unit.
Container lines
Forwarding
US Major Railroads See Intermodal Volume Rise 7 Percent
Mark Szakonyi, Associate Editor |
Intermodal shipments on major U.S.
Intermodal providers
Rail News
North-American rail
Class 8 Truck Orders Stall in ‘Soft Patch’
William B. Cassidy, Senior Editor |
Heavy duty truck orders were soft in June, as motor carriers concerned by rising truck prices, tight financing and a slowing economy kept their wallets shut.
Trucking News
Long Beach Offers Rail Incentives to Shipping Lines
Bill Mongelluzzo, Associate Editor |
The Port of Long Beach plans to provide an incentive payment to ocean carriers in hopes of attracting more intermodal rail cargo to the port.
Port News
Rail News
Maritime
Forwarding
DP World Sells Australia Terminal Stake for $138 Million
Bruce Barnard, Special Correspondent |
DP World Australia said it received $138 million from the sale of its 60 percent shareholding in Adelaide Container Terminal to locally based Flinders Ports.
Port News
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