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Turkish Cargo to Begin Istanbul-Budapest Service
Mark Szakonyi |
Turkish Cargo, Turkish Airlines’ freight division, began a weekly A310 freighter service between Istanbul and Bud
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
MSC, CSAV to Launch India-Europe Service
JOC Staff |
Mediterranean Shipping Company and Chilean carrier CSAV entered a vessel sharing agreement to launch a direct co
Container lines
Maritime
Forwarding
Republicans Try to Curb Rural Air Service Subsidies
R.G. Edmonson |
Debate over a proposal to reduce a U.S. program that subsidizes rural air service is the latest battleground in Capitol Hill’s partisan warfare.
Transport, Trade and Regulation News
Air Cargo
Air Cargo Forwarder News
Shippers: EU Emissions Rules Will Push Sea Cargo To Road
Bruce Barnard |
The European Union’s plan to slash ships’ sulfur dioxide emissions will likely result in
Maritime
Transport, Trade and Regulation News
Container lines
Forwarding
Kerry Logistics Buys Two Chinese Logistics Groups
Joseph Bonney |
Transport, Trade and Regulation News
Maritime
Forwarding
Telecom Executive Joins INTTRA Board
Mark Szakonyi |
The founder of telecommunications company Neustar, Jeffrey Ganek, joined the board of directors of INTTRA, an electronic booking portal for the ocean freight industry.
Forwarding
Maritime
Container lines
Factory Production Flat in June
Joseph Bonney |
U.S.
Transport, Trade and Regulation News
Who's Banking on Shipping?
Peter T. Leach |
Tobias Koenig has a proven business model at Marenave, the shipowning company he listed five years ago on the Hamburg Stock Exchange.
Maritime
Container lines
Forwarding
DHL Expands Seattle-Shanghai LCL Service
William B. Cassidy |
DHL will expand direct less-than-containerload service from Shanghai to Seattle, reducing transit times for LCL shipments by up to four days, the company said.
Forwarding
Container lines
Kuehne + Nagel Buys Brazilian Transport Firm
Bruce Barnard |
Transport, Trade and Regulation News
Air Cargo
Trucking News
Europe-based Ocean Container Index to Launch in September
Bruce Barnard |
A weekly Europe-based ocean container index by Drewry Shipping Consultants and Cleartrade Exchange will launch in September, g
Forwarding
Maritime
Container lines
Kuehne + Nagel Net Profit Grows 11 Percent
Bruce Barnard |
Kuehne + Nagel said economic uncertainty made it impossible to forecast the rest of the year even as the worl
Transport, Trade and Regulation News
Forwarding
Winning the Border War
Troy Ryley and John Baird |
Security continues to be a key issue for shippers doing business in Mexico. The rise in cross-border surface trade between the U.S.
Trucking News
Forwarding
Trucking labor
Who's Holding the Wheel?
Joseph Bonney |
The Teamsters union and environmental groups are taking a new tack in their long, so far unrewarding campaign to organize port container haulers.
Maritime
Trucking News
Transport, Trade and Regulation News
Trucking labor
Greenbrier Builds Confidence
John D. Boyd |
Uncertainty may pervade the economy recovery and its impact on freight networks, but if railcar and barge builder Greenbrier is any indication, demand is holding up just fine, and getting better.
Rail News
Restructuring Draws Closer
William B. Cassidy |
After securing a $400 million asset-based loan, the last remaining step is the sale of $100 million worth of convertible preferred securities to its lenders, a company official said.
LTL
Trucking News
Transport, Transport, Transport
Bill Mongelluzzo |
When developers of industrial real estate make a pitch to potential clients, they want to talk to someone in charge of transportation logistics.
Maritime
Poised at the Border
William B. Cassidy |
When the first Mexican truck in a new cross-border trucking pilot project rolls into the U.S., it will bring an end to punitive Mexican tariffs on U.S. goods.
Transport, Trade and Regulation News
Trucking News
Trucking labor
Mica Takes 'A New Direction'
R.G. Edmonson |
John Mica has a plan for surface transportation.
Transport, Trade and Regulation News
Captive Shippers Show Their Cards
John D. Boyd |
In laying a formal petition before federal regulators, heavy freight rail shippers at the National Industrial Transportation League hope to crack open an iron grip major railroads hold on many facilit
Rail News
Transport, Trade and Regulation News
LTL Carriers Take Aim at Rates
William B. Cassidy |
For a quick gauge of where truck pricing is headed, check tire prices.
LTL
Trucking News
Will Brazil's Cup Overflow?
Ian Putzger |
Its wounds still fresh from an earlier-than-expected exit from this month’s women’s World Cup soccer tournament, Brazil faces a quick turnaround when Rio de Janeiro hosts the men’s v
Transport, Trade and Regulation News
Forwarding
Mica Hits Back at Chamber Over Transport Bill
Bob Edmonson |
U.S. House Transportation and Infrastructure Committee Chairman John Mica, R-Fla., said the U.S.
Transport, Trade and Regulation News
US Seizes Lead-Tainted Children's Jewelry Shipment
Bob Edmonson |
U.S.
Transport, Trade and Regulation News
Consumer Sentiment Hits 28-Month Low
Joseph Bonney |
U.S. consumer sentiment fell this month to its lowest level since March 2009, reflecting depressed income and low employment levels, a widely watched survey reported.
Transport, Trade and Regulation News
Container lines
CSX Gains Large New Coal Business
John D. Boyd |
Corsa Coal began sending trainloads of high-heat metallurgical coal out of its new Somerset, Pa., coal wash plant, generating export shipments for CSX Transportation.
Rail News
North-American rail
Maersk Division Wins $126 Million Navy Contract
Joseph Bonney |
Maersk Line, Ltd., won a multi-year contract valued at up to $126 million to operate and maintain five container and roll-on, roll-off ships for the U.S. Navy.
Maritime
Transport, Trade and Regulation News
Container lines
Carolina Railroad to Aid Industrial Park Developer
Rail Resource |
North Carolina’s Aberdeen Carolina & Western Railway will be the exclusive project advisor to Gladstone Development on a recently acquired site developers hope boosts Charlotte's role as a r
Rail News
US Factory Output Flat in June
Joseph Bonney |
U.S manufacturing activity was flat in June, the Federal Reserve said, although utility and mining output pushed overall indust
Transport, Trade and Regulation News
YRC Worldwide Projects Second Half Operating Profit
William B. Cassidy |
YRC Worldwide expects its revenue to rise about $600 million this year to $4.9 billion and to report an operating profit of $4.2 million in the second half.
Trucking News
LTL
Cathay Cargo Traffic Falls 5.5 Percent in June
Mark Szakonyi |
Cathay Pacific Airways cargo traffic fell 5.5 percent in June, the third straight monthly drop at one of Asia’s largest freight airlines.
Air Cargo Carriers News
Air Cargo
European Commission Cracks Down on Maritime Pollution
Mark Szakonyi |
The maritime industry would be required to slash sulfur dioxide emissions by up to 90 percent at a cost of $3.6 billion to $15.6 billion, under a proposal unveiled by the European Commission on Friday
Maritime
Container lines
Forwarding
NVOs Outpace Vessel Operators
Joseph Bonney |
Two of every five trans-Pacific import containers are booked through non-vessel-operating common carriers instead of directly with container lines, and the NVOs’ market share is growing.
Maritime
Forwarding
Reverse Course on the Trans-Pacific
Bill Mongelluzzo |
Shipping is picking up steam on the trans-Pacific, but it’s not happening in the direction carriers are accustomed to. Instead, import growth is tapering off as the peak season approaches.
Maritime
Forwarding
Semiconductor Shipments Forecast to Accelerate
JOC Staff |
Semiconductor manufacturers are raising their projections for industry shipments in 2011, forecasting sales will grow 5.4 percent over l
Transport, Trade and Regulation News
Air Cargo
MSC, CSAV To Consolidate Four Routes
Bruce Barnard |
Chilean container line CSAV and Mediterranean Shipping will jointly operate four liner services under a new agreement, stepping up ocean carrier rationalization amid overcapacity, slowing cargo d
Container lines
Forwarding
Forwarder Pilot Expands to Amsterdam
Mark Szakonyi |
Pilot Freight Services will open an office in Amsterdam as the U.S. freight forwarder looks to build on strong growth in the international arena with its first full office overseas.
Logistics Technology News
J.B. Hunt Transport Profit Jumps 26 Percent
William B. Cassidy |
J.B.
Trucking News
Rail News
Drewry Forecasts Persistent Container Shortage
Peter T. Leach |
Although container production is up in the wake of last year’s critical shortages, prices for the boxes have nearly doubled in the last two years and shippers will face an ongoing shortage of th
Forwarding
Maritime
Container lines
Los Angeles Imports Fell 10.2 Percent in June
Bill Mongelluzzo |
Imports into the Port of Los Angeles fell 10.2 percent in June from the same month a year ago, throwing a new cloud over the U.S.
Port News
Maritime
Forwarding
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