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Mattel Overhauls Ocean Carrier Contracts
Joseph Bonney, Senior Editor |
Toy shipper Mattel overhauled its agreements with ocean carriers this year to clarify shipper-carrier responsibilities and provide both parties with incentives to fulfil contract terms, a company exec
Forwarding
Maritime
China Expected to Import Corn Despite Record Crop
Mark Szakonyi, Daily Content Editor |
China will need to import 2 million tons of U.S. corn by next year even though the country expects a record harvest this year, said the U.S. Grains Council.
Forwarding
Maritime
Rail News
India Container Traffic Rises 4.3 Percent
JOC Staff |
Container traffic through major ports in India increased 4.3 percent year-over-year in the first half of fiscal 2012 ending Sept. 30, the Indian Ports Association said Wednesday.
Port News
Maritime
Forwarding
ODFL’s Congdon Sees Slow Growth Ahead
William B. Cassidy, Senior Editor |
Less-than-truckload freight demand remains healthy despite fears of a return to economic recession, the head of Old Domi
LTL
Trucking News
Study Shows Slow Steaming Doesn't Hurt Engines
Peter T. Leach, Senior Editor |
Slow steaming, a practice that ocean carriers adopted during the last four years to save on bunker fuel costs, is likely to becom
Forwarding
Maritime
Container lines
Truckload Carriers to Keep Capacity Flat
William B. Cassidy, Senior Editor |
Fewer truckload carriers are planning to add capacity next year than had planned to do so six months ago, according to a survey by Transport Capital Partners.
Truckload
Trucking News
West Coasts Imports Down 7 Percent
Bill Mongelluzzo, Associate Editor |
Containerized imports moving through West Coast ports in August declined 7 percent compared to the same month in 2010 while exports surged 12 percent compared to August 2010, according to the Pacific
Port News
Maritime
Forwarding
North American ports
Survey Says Logistics CEOs Bullish About Future, Asia
Peter T. Leach, Senior Editor |
The CEOs of most logistics providers are bullish about the financial prospects of their companies over the next one and three-year periods and are most optimistic about business in Asia, according to
Industrial Real Estate News
Cathay Freight Tumbles 9.7 Percent
JOC Staff |
Cargo traffic at Cathay Pacific Airways fell 9.7 percent year-over-year in August and the carrier said demand remained weak into September even as the peak fall shipping season approached.
Air Cargo Carriers News
Air Cargo
Diesel Prices Fall to 30-Week Low
Mark Szakonyi, Daily Content Editor |
Diesel prices across the United States dropped 3.7 cents in the week ending Oct. 3., hitting a 30-week low as crude oil prices fell to their lowest point in eight weeks.
Truckload
Trucking News
Ship Order Book Dominated by Ultra-Large Vessels
Bruce Barnard, Special Correspondent |
Almost half of all containerships on order are for capacity of more than 10,000 20-foot equivalent units and the average size of vessels delivered this year will be more than double that of a decade a
Forwarding
Container lines
India's Krishnapatnam Begins Container Service
JOC Staff |
The Port of Krishnapatnam’s start of container operatios in late September positions the Indian port as an alternative to the congested container gateway in
Port News
Forwarding
DP World's London Terminal to Open Late 2013
Bruce Barnard, Special Correspondent |
DP World said its London Gateway deep-sea container port will start operations in the fourth quarter of 2013 with an initial annual capacity of 1.6 million 20-foot equivalent container units.
Port News
Maritime
Forwarding
Russia's Fesco Boosts Revenue 27 Percent
Bruce Barnard |
Fesco, owner of Russia’s largest ocean carrier, boosted revenue by 27 percent in the first six months and forecast an even stronger second half performance.
Container lines
Maritime
Rail News
Forwarding
Obama Sends Free Trade Pacts to Congress
R.G. Edmonson |
President Obama sent Congress long-pending free trade agreements with South Korea, Colombia and Panama on Monday afternoon.
Transport, Trade and Regulation News
Panama Canal Sets 2011 Tonnage Record
Peter T. Leach |
Cargo shipped through the Panama Canal increased by 7.1 percent in the fiscal year 2011 ended Sept. 30, to set a record of 322.1 million Panama Canal/Universal Measurement System tons.
Transport, Trade and Regulation News
Maritime
Forwarding
South Carolina Blocks Savannah Dredging Permit
JOC Staff |
South Carolina environmental regulators on Friday blocked a permit sought by the Army Corps of Engineers to deepen the Savannah River channel to the Port of Savannah, increasing tension between the st
Port News
Maritime
Forwarding
Manufacturing Index Climbed in September
JOC Staff |
The Institute of Supply Management’s closely watched manufacturing index defied downbeat expectations on Monday by growing one percentage point in September to its highest level since June, sign
Transport, Trade and Regulation News
Shippers Step Up Campaign for Heavier Trucks
William B. Cassidy |
A coalition of about 200 shippers backing the use of heavier trucks launched a video campaign to build support for truck size and weight legislation.
Trucking News
Transport, Trade and Regulation News
Kerry Logistics To Open Singapore Hub Late 2012
Mike King |
The opening of Kerry Logistics' regional hub in Singapore in the fourth quarter of 2012 w
Industrial Real Estate News
Southeast Chinese Port Traffic Up 8.3 Percent
Mike King |
Throughput at ports in the southeast Chinese province of Fujian from January to August rose 8.3 percent year-over-year to 6.1 million 20-foot equivalent container units.
Port News
Maritime
Forwarding
Safmarine Merger Into Maersk Cuts 240 Jobs
Bruce Barnard |
Container line Safmarine said Monday it will merge its operations into larger sister carrier Maersk Line, a move that cut 240 jobs while boosting efficiency and reducing costs.
Container lines
Maritime
Forwarding
Cargolux Settles Boeing Freighter Dispute
Bruce Barnard |
Cargolux is expected to take delivery this month of its first 747-8 freighter after settling a contract dispute
Air Cargo Forwarder News
Air Cargo
Air Cargo Carriers News
South Korea Projects Export Slowdown
Mike King |
Weak demand for exports from Europe and the U.S.
Transport, Trade and Regulation News
Laboring Globally, Acting Locally
Bill Mongelluzzo and Joseph Bonney |
When the International Longshore and Warehouse Union violently protested the hiring of non-ILWU workers at a Pacific Northwest grain elevator, the union’s East and Gulf Coast counterparts were q
Maritime
Forwarding
Congested Indian Port Appeals For Aid
JOC Staff |
India’s Port of Chennai appealed to container terminal operators, shipping lines and shippers to help ease congestion at the congested southeastern hub.
Port News
Maritime
Container lines
St. Lawrence Seaway Strike Averted
Courtney Tower |
A tentative agreement between nearly 500 Canadian Auto Workers and Canada’s St.
Longshore labor
Maritime
Forwarding
Global Air Cargo Slowdown Accelerates
Bruce Barnard |
The downturn in the global air cargo market accelerated sharply in August with traffic shrinking 3.8 p
Air Cargo Forwarder News
Air Cargo Carriers News
Gulf Ports Building for Future
Janet Plume |
With container and general cargo volume steady and rising across the Gulf of Mexico, ports are spending much of their time expanding shoreside facilities in anticipation of increased Asian cargo flows
Port News
Maritime
Forwarding
Crossing the Border
David Biederman |
When industrial equipment giant Caterpillar announced plans in June to expand into an 850,000-square-foot manufacturing facility in Victoria, Texas, the impact resonated across the entire Gulf region.
Maritime
River of Dreams
Jon Monroe, Jon Monroe Consulting |
The Yangtze River is the world’s third-longest river after the Amazon and Nile, stretching 3,914 miles from the Tibetan Plateau to its mouth at Shanghai.
Maritime
Forwarding
ILA, ILWU Not Going Away
Bill Mongelluzzo and Joseph Bonney |
With the International Longshoremen’s Association contract expiration a year away, some shippers already are starting to explore contingency plans.
Maritime
Container lines
Forwarding
Galborg, MACS Share Durban Berth
JOC Staff |
Galborg Line, which operates a regularly scheduled multipurpose liner service from the U.S.
Port News
Schneider Dedicated to Sharing
William B. Cassidy |
Shippers looking to lock down capacity are turning not just to carriers, but to each other, and logistics providers are bringing the assets they need to the dock.
Trucking News
LTL
Beef on Export Menu
R.G. Edmonson |
The record drought in the Southwest this year caused $5.2 billion in agricultural losses in Texas, the Texas AgriLife Extension Service reported.
Forwarding
Maritime
FedEx Freight Priced for Profit
William B. Cassidy |
The FedEx trucking division, and the largest U.S. less-than-truckload carrier, reported a $42 million operating profit in the fiscal quarter ending Aug.
Trucking News
LTL
FedEx Ground Delivers Profits
William B. Cassidy |
Express air shipments may provide heavy lift for FedEx when it comes to revenue, but ground freight is delivering the more solid profits.
Trucking News
Hardly a Winged Victory
Mark Szakonyi |
The arrival late last month of a China Cargo Airlines freighter at Lambert-St. Louis International Airport was supposed to launch a service aimed at raising the city’s role in global trade.
Transport, Trade and Regulation News
Air Cargo
Air Cargo Carriers News
Lone Star Rebound
David Biederman |
The Texas industrial real estate market is booming as shifting global trade patterns and demographic trends make Dallas, Fort Worth and Houston three of the hottest markets in the nation.
Port News
Maritime
Cargo Security 2.0
R.G. Edmonson |
A large container ship is slowly transiting the Kill van Kull channel on its way to a berth at Port Elizabeth, N.J.
Transport, Trade and Regulation News
Maritime
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