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Breakbulk Quarterly Intelligence
Platts Containers Update
Canada’s Ports Look to U.S.
Courtney Tower |
Chris Badger is worried about competition from both coasts of North America.
Maritime
Forwarding
If You Build It... Stacking Up Hopes in the Heartland
John D. Boyd |
Norfolk Southern Railway has been literally changing the landscape of freight rail transportation in the eastern United States for three years, carving out new clearances through the Appalachian Mount
Rail News
The Future of Box Futures
Joseph Bonney |
A fledgling market for futures contracts based on container freight rates cleared its initial hurdles but faces a big obstacle: skeptical ocean carriers.
Maritime
Container lines
Shipping’s Risky Business
Peter T. Leach |
The collision that sent ocean containers tumbling from a container ship into Mumbai’s port channel last month may have been an unforeseen accident, but the boxes fell into very busy business wat
Maritime
UPS Freighter Crashes in Dubai, Two Killed
JOC Staff |
A UPS 747-400 freighter crashed just after takeoff from Dubai on Friday. Both crew members died, according to local reports.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Heavy Truck Orders Rise 8.3 Percent
William B. Cassidy |
In a new sign that trucking companies are investing in new capacity again, net heavy truck orders jumped 8.3 percent in August from July and were up 16.8 percent from a year ago, according to prelimin
Trucking News
LTL
Asia Air Freight Growth Slows
Air Cargo World |
The Association of Asia Pacific Airlines reported a 27.7 percent increase in traffic in July, slower than the year-to-date average of 33.7 percent.
Air Cargo
Polar Air Fined For Cargo Price-Fixing
JOC Staff |
Polar Air Cargo will pay a $17.4 million fine to settle charges the freighter operator took part in a global conspiracy with other airlines to fix international air cargo prices.
Air Cargo
Air Cargo Carriers News
Jobless Rate Rises To 9.6 Percent
Joseph Bonney |
The U.S. unemployment rate edged up to 9.6 percent in August from 9.5 percent in July as weak hiring by private employers failed to keep pace with an increase in people looking for work.
Transport, Trade and Regulation News
Forwarding
Cargolux Adds Fifth Trans-Pacific Freighter
JOC Staff |
Cargolux is adding a fifth flight to the trans-Pacific service the freighter operator launched this year, bringing more capacity into Asia markets that are seeing sharp gains in air cargo services.
Air Cargo
Deutsche Bahn Capital Spending to Break Records
Bruce Barnard |
German railroad company Deutsche Bahn said it will spend $525 million on new rail cars, locomotives and cargo facilities across Europe in 2010 to keep pace with rising freight traffic.
Rail News
MSC to Boost Rates from North America
Peter T. Leach |
Mediterranean Shipping Co. said it will increase freight rates on its services between North America and Europe and the Mediterranean as of Oct. 1.
Maritime
Container lines
Forwarding
Deutsche Post Wins $1.5 Billion EU Subsidy Battle
Bruce Barnard |
Deutsche Post, the German postal and logistics group, does not have to repay state aid and interest of $1.5 billion, the European Union’s highest court ruled.
Air Cargo
Air Cargo Forwarder News
Setting Priorities
JOC Staff |
Seaport security, freight transportation infrastructure and environmental protection are key issues for the American Association of Port Authorities.
Transport, Trade and Regulation News
Broad Demand Lifts Bulk Rail Volume to 2010 Peak
John D. Boyd |
A wide-ranging increase in railcar loadings lifted volume in the bulk commodities and equipment categories of rail traffic to their highest levels this year.
Rail News
North-American rail
KCS Predicts 20 Percent Revenue Growth
John D. Boyd |
Kansas City Southern, the smallest of the North American Class I carriers, predicts second-half 2010 revenue growth of nearly 20 percent and says its rail lines have "fully recovered" from the impact
Rail News
North-American rail
Regulators Shut Down Trucker After Fatal Crash
William B. Cassidy |
The Federal Motor Carrier Safety Administration shut down an Alabama trucking company involved in an accident that killed 11 people in March.
Trucking News
Congestion at LA-Long Beach Terminals Dissipates
Bill Mongelluzzo |
The congestion at marine terminals in Los Angeles-Long Beach that has plagued harbor truckers for much of the year is beginning to dissipate, thanks to a working group formed by truckers, the ports an
Maritime
Forwarding
North American ports
Intermodal Rail Volume Scales New Heights
John D. Boyd |
Major North American railroads racked up big intermodal numbers for the third straight week in the week ending Aug. 28 and set a new 2010 high in train loadings of containers and trailers.
Rail News
North-American rail
Road Backers Raise Concerns on Trust Fund Estimates
John D. Boyd |
Industry officials pressing Congress and the White House to lock in long-term transportation spending programs say higher new estimates for the Highway Trust Fund may reduce pressure for legislators t
Transport, Trade and Regulation News
Cass Freight Index Grows 8.3 Percent in August
JOC Staff |
The closely watched Cass Freight Index for U.S.
Transport, Trade and Regulation News
DP World Becomes No. 3 Terminal Operator
Peter T. Leach |
DP World became the world’s third-largest terminal operator, according to the latest rankings of global operators by Drewry Shipping Consultants, which based the rankings on container throughput last
Maritime
Forwarding
Oil Platform Explodes in the Gulf of Mexico
Janet Nodar |
The offshore oil platform Vermillion 380 blew up Thursday morning in the Gulf of Mexico, catching on fire and forcing 13 workers into the water.
Maritime
Forwarding
Short Line Traffic Hits Fastest Pace Since April
John D. Boyd |
North America's small railroads saw freight traffic for the week ending Aug. 28 rise to the highest level since late April, continuing a volume rebound that began in July.
Rail News
Commercial Aircraft Drive Uptick in Factory Orders
Joseph Bonney |
Orders to U.S. factories edged up 0.1 percent in July because of strong demand for commercial aircraft. Excluding transportation goods, orders declined 1.5 percent, the biggest drop in 16 months.
Transport, Trade and Regulation News
Transportation Hiring Slips in August, Monster Says
William B. Cassidy |
Hiring in transportation and warehousing slowed in August, according to Monster Worldwide, as the hiring and recruitment specialist's
Transport, Trade and Regulation News
Gulf & Ohio to Acquire Lancaster & Chester
Rail Resource |
Gulf & Ohio Railways, Inc. (G&O), headquartered in Knoxville, Tenn., intends to acquire South Carolina’s Lancaster & Chester Railway Co. (L&C), the two have announced.
Rail News
FRA Proposes Regulatory Changes For Concrete Crossties
Rail Resource |
The Federal Railroad Administration (FRA) on Aug.
Rail News
North-American rail
Lawrence Transportation Buys Virginia Trucker
William B. Cassidy |
A small Virginia trucking operator is getting larger through acquisition, taking advantage of opportunities for expansion in the economic recovery.
Trucking News
UTi Worldwide Profit Soars 60 Percent
Thomas L. Gallagher |
Logistics provider UTi Worldwide earned net profit of $18.9 million in the second quarter, up 60 percent from $11.8 million a year ago.
Transport, Trade and Regulation News
Truck brokers
Aeroports de Paris Profit Rises as Freight Soars
Bruce Barnard |
Aeroports de Paris, operator of the French capital's Charles de Gaulle and Orly airports, said first half freight traffic climbed 14.1 percent from a year ago, contributing to an 8.2 percent rise in p
Air Cargo
Maersk Names Head of Investor Relations
Peter T. Leach |
A.P. Moller-Maersk appointed Henrik Lund as head of the group’s investor relations function. He replaces Anders Mohr Christensen.
Maritime
Container lines
Forwarding
Port of Mumbai Eases Restrictions
JOC Staff |
India's Port of Mumbai eased restrictions imposed earlier on vessel movements following the MSC Chitra-Khalijia-3 collision in the main harbor channel Aug. 7.
Maritime
Frankfurt to Expand Cargo Hub
Bruce Barnard |
Frankfurt airport announced a major expansion of freight facilities to keep pace with surging shipments.
Air Cargo
Port of LA Will Phase in Clean-Truck Mandate
Bill Mongelluzzo |
The Port of Los Angeles says it will phase in the requirement for employee drivers in port trucking now that the country's largest port has approval from a federal judge to implement portions of the c
Maritime
Forwarding
Trucking labor
Trucking Official Sees More Port Trucking Battles
Bill Mongelluzzo |
A trucking official says a judge’s ruling against owner-operator drivers at the Port of Los Angeles was just one skirmish in “a war” the industry is fighting with officials at the po
Port News
Maritime
Trucking labor
Cost-Cutting USPS Begins Contract Talks
JOC Staff |
The U.S.
Air Cargo
Air Cargo Forwarder News
Norfolk Southern to Cut Carbon 10 Percent in Five Years
John D. Boyd |
Norfolk Southern Railway says it will cut greenhouse gas emissions in its operations 10 percent by 2014 from 2009 levels through fuel-saving technology and efficiency improvements.
Rail News
North-American rail
Canadian Trucking Costs Edged Up in June
Joseph Bonney |
Trucking costs for shippers in Canada rose in June for the second straight month but extended a 14-month streak of year-to-year declines, according to the Canadian General Freight Index.
Trucking News
Air Freight Rate Index Falls 10 Percent in July
JOC Staff |
Average air freight prices out of Asia fell 10.1 percent in July from the month before to the lowest point in nearly a year, according to the latest Drewry Air Freight Price Index.
Air Cargo
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