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Platts Containers Update
CMA CGM Columba Opens Vietnam Terminal
Peter T. Leach |
The CMA CGM Columba became the largest container vessel to call at a Vietnamese port when it participated in the inauguration of the new Cai Mep International Terminal.
Container lines
Maritime
Forwarding
Hanjin, Yang Ming Add Pacific Northwest Loop
Peter T. Leach |
Hanjin Shipping and Yang Ming are adding a new joint weekly service to their networks between Asia and the Pacific Northwest, starting April 22.
Container lines
Maritime
Forwarding
Commerce Secretary Promotes Export Initiative
Bill Mongelluzzo |
Commerce Secretary Gary Locke called upon small and mid-size companies to increase their profits and hasten the U.S. economic recovery by becoming more engaged in exports.
Transport, Trade and Regulation News
Forwarding
Consumer Confidence Index Dips
Joseph Bonney |
Concern about inflation and income caused a closely watched barometer of consumer sentiment to fall from its th
Transport, Trade and Regulation News
NAFTA Trade Rose 19.5 Percent in January
Joseph Bonney |
The value of trade moved by surface transportation between the U.S.
Transport, Trade and Regulation News
Schneider National Cuts Cargo Theft 12.5 Percent
William B. Cassidy |
Cargo theft declined 12.5 percent last year at truckload and intermodal giant Schneider National, running counter to national trends, the company said.
Trucking News
Town of Dover Votes to Buy Port
Bruce Barnard |
The residents of Dover overwhelmingly voted in favor of a proposal for the local community to buy and operate Europe's biggest roll-on, roll-off freight port.
Port News
Maritime
WWL Cuts CO2 Emissions 21 Percent
Peter T. Leach |
Wallenius Wilhelmsen Logistics said Tuesday it reduced its carbon dioxide emissions 21 percent last year, compared to 2009.
Maritime
Forwarding
COAC to Eye Role of Brokers April 12
R.G. Edmonson |
The role of the customs broker in the supply chain is high on the agenda when COAC members meet on April 12.
Transport, Trade and Regulation News
Forwarding
Heavier Truck Freight Shifting to LTL
William B. Cassidy |
Less-than-truckload carriers say they increasingly are handling heavier freight typically moved by truckload carriers as capacity in that sector tightens.
Trucking News
LTL
Trucking labor
China Turns Away MOL Ship for Radiation
Hisane Masaki |
Chinese authorities rejected a container ship operated by MOL, Japan's second-largest shipping line, saying they had detected high levels of radiation.
Maritime
Container lines
Forwarding
Global Air Cargo Growth Slows to 2.3 Percent
Bruce Barnard |
The political turmoil in the Middle East and North Africa curbed global air cargo growth to 2.3 percent in February from a year ago, the International Air Transport Association said.
Air Cargo
Congestion Closes India’s Nhava Sheva Export Gate
JOC Staff |
Because of congestion, terminal management closed the export gate at Nhava Sheva International Container Terminal in India’s Port of Jawaharlal Nehru.
Maritime
Forwarding
Horizon Lines Expects to Default on Bonds
Joseph Bonney |
Horizon Lines said it expects to default on its loans as the result of a $45 million fine for price-fixing in the Puerto Rico trade and could be forced into bankruptcy if a deal can’t be worked out wi
Container lines
Maritime
Forwarding
Japanese Restore Transportation Systems
Hisane Masaki |
Restoration work on Japanese transportation systems devastated by the March 11 earthquake and tsunami that hit the northeastern part of th
Transport, Trade and Regulation News
Maritime
Forwarding
Grand Alliance Resumes Nagoya Service
Peter T. Leach |
The Grand Alliance is resuming service to the Japanese city of Nagoya operated by Hapag-Lloyd on March 31, according to a bulletin by OOCL.
Container lines
Maritime
Forwarding
Japan to Remain Major US Trading Partner
Bill Mongelluzzo |
Japan's commerce with the U.S.
Transport, Trade and Regulation News
Forwarding
Crowley Wins Order Blocking Puerto Rican Inspections
Peter T. Leach |
A U.S. District Court in San Juan issued a temporary restraining order on Friday in favor of Crowley Puerto Rico Services.
Maritime
Container lines
Forwarding
Canadian Pacific Aims $100 Million at N. Dakota
John D. Boyd |
Canadian Pacific Railway unveiled a plan to spend nearly $103 million in its North Dakota network this year and next, and said it should aid several big commodity cargo groups there.
Rail News
North-American rail
Diesel Resumes Climb with 2.5 Cent Jump
Thomas L. Gallagher |
After a record 15 weeks of price increases, diesel took a tenth of a cent drop a week ago but started cli
Trucking News
UPS Adds Next-Day China-Europe Services
Thomas L. Gallagher |
UPS launched four additional direct flights from Hong Kong to Europe, expanding its next-day delivery coverage for packages and heavy freight.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Wabtec Boosts Outlook as Freight Strengthens
John D. Boyd |
Rail equipment supplier Wabtec said a stronger U.S.
Rail News
Indian Navy, Coast Guard Capture Pirate Mother Ship
Peter T. Leach |
The Indian navy and coast guard captured 16 Somali pirates and rescued 16 hostages after a three-hour running battle in the Arabian Sea, according to media reports.
Container lines
Maritime
Forwarding
Crowley to Start Direct Loop to St. Maarten
Peter T. Leach |
Crowley Maritime is adding a direct, fixed-day sailing from Port Everglades, Fla., to St. Maarten in the Caribbean that will reduce transit time by one full day.
Maritime
Container lines
Forwarding
Consumer Spending Edged Up 0.7 Percent
Joseph Bonney |
Consumer spending in the U.S.
Transport, Trade and Regulation News
Ohio Rescinds Private Fleet Regulation
William B. Cassidy |
Ohio is dropping a controversial rule that extended safety regulations designed for larger vehicles and for-hire truck fleets to thousands of small private carriers.
Trucking News
Maersk Introduces Ships Designed for West Africa
Peter T. Leach |
Maersk Line is taking delivery of the first of a series of 22 container ships called Wafmax that are specifically designed for the limitations of the West African market.
Maritime
Container lines
Forwarding
Wal-Mart to Reopen 12 Stores Hit by Japan Quake
Peter T. Leach |
Wal-Mart Stores will reopen 12 of its Seiyu stores in Japan that were affected by the earthquake, and is hoping to open the remaining 12 impacted stores as soon as possible, a spokesman for the U.S.-b
Transport, Trade and Regulation News
Disaster Reaches the Supply Chain
Joseph Bonney |
The earthquake and tsunami that killed thousands and devastated a swath of Japan is promising a deeper impact on the country’s economy and global supply chains, and triggering what experts say m
International ports
Charter Rates Rise Amid Falling Freight Rates
Bruce Barnard |
Container ship charter rates are still rallying even as freight rates are falling as ocean carriers seek additional tonnage to defend market share amid strong cargo volume ahead of the summer peak shi
Maritime
Forwarding
Air France-KLM Cargo Expands on Four Continents
Bruce Barnard |
Air France-KLM Cargo added new freight services linking its twin Amsterdam and Paris hubs with the U.S., Peru, Cambodia, China, Sierra Leone and Liberia.
Air Cargo
JAL Exits Bankruptcy Protection
Hisane Masaki |
Japan Airlines flew out of bankruptcy protection on Monday, about 14 months after going into it.
Air Cargo
The JOC Top 40 Container Lines (2010)
Peter T. Leach |
The columns of red and black numbers in the rankings of the Top 40 Container Lines by volume reflect the tenuous recovery from the deep downturn in trade that hit carriers so hard in 2009.
Maritime
Container lines
Forwarding
Rail Grant Revs Up Tar Heel State
John D. Boyd |
Weeks before North Carolina nailed down an implementing agreement with Norfolk Southern Railway to spend $461 million in passenger rail stimulus funds, the state’s transportation secretary said
Transport, Trade and Regulation News
Rail News
Hours on the Waterfront
William B. Cassidy |
Maritime and intermodal industry officials are raising alarms that the proposed federal hours-of-service rules for domestic U.S.
Transport, Trade and Regulation News
Trucking News
Trucking labor
Radiation Screening Prepared
Bill Mongelluzzo |
Vessels and containers arriving at U.S. ports from Japan will face inspections by the U.S.
Transport, Trade and Regulation News
Banking on Infrastructure
R.G. Edmonson |
If Congress agrees an infrastructure bank should be part of an overall strategy to draw on private resources to build public infrastructure, lawmakers will have at least two models to consider.
Transport, Trade and Regulation News
Building on Growth in Southern Cal
Bill Mongelluzzo |
Industrial real estate activity is picking up in Southern California, and that’s a good sign for the economy and for shipping — the 1.5 billion-square-foot market is a bellwether for wareh
Maritime
Post-Panamax Logistics
Peter T. Leach |
From the bridge of a container ship passing through the Panama Canal, the signs of the canal authority’s huge expansion project are clearly visible.
Maritime
Forwarding
Hutchison Handles Record Deal
Mike Grinter |
Hong Kong’s billionaire Li Ka Shing has achieved a number of records with his IPO of Hutchison Whampoa’s Hutchison Port Holdings Trust on the Singapore stock exchange.
Maritime
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