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Platts Containers Update
An Infrastructure for Consensus?
John D. Boyd |
Amid Republican electoral gains in Congress and a new focus on ways to pare down the budget deficit, transportation groups can take hope from several new reports that support an increase in infrastruc
Transport, Trade and Regulation News
Seeking a Regulated Recipe
R.G. Edmonson |
A bill that would give the Food and Drug Administration new authority to regulate imported and domestic food chains is a critical piece of unfinished business before the lame-duck 111th Congress.
Transport, Trade and Regulation News
Forwarding
Slow Track to Rail Policy
John D. Boyd |
As the effort to reshape federal rules on railroads’ rate-setting power shifts to the Surface Transportation Board, it is becoming clear that nothing will change quickly.
Rail News
Transport, Trade and Regulation News
Ticking Clock on Cargo Security
R.G. Edmonson |
In the increasingly contentious world of airline security, one thing on which everyone agrees is that the mandatory deadlines air carriers must meet in filing air cargo manifests isn’t working.
Air Cargo
Air Cargo Carriers News
Transport, Trade and Regulation News
A 60-Minute Stress Test
Bill Mongelluzzo |
Cargo volume moving through Los Angeles-Long Beach is slowing down in line with seasonal trends, but truck lines at marine terminals are getting longer.
Maritime
Forwarding
North American ports
Puerto Rico Shippers Unsettled, Unmoved
Joseph Bonney |
Surprise visitors arrived at the headquarters of Horizon Lines, Sea Star Line and Crowley Maritime on April 17, 2008.
Maritime
Transport, Trade and Regulation News
Container lines
Trucking Dashboard
JOC Staff |
Freight shipping demand slowed in the third quarter, but many of the nation’s largest trucking companies improved their bottom lines by carefully matching capacity to demand and better utilizing
Trucking News
LTL
Truck brokers
Savannah Prepares to Dig Deeper
Peter T. Leach |
The Georgia Ports Authority may face more hurdles before a project to deepen the Savannah River to 48 feets gets under way, but it looks like the Army Corps of Engineers may be able to start the proje
Maritime
Transport, Trade and Regulation News
Forwarding
Shippers Stacking Up More
William B. Cassidy |
Supermarkets and shopping malls don’t have rail sidings, truckers love to point out, but the intermodal industry is moving steadily closer to the store floor.
Intermodal providers
Rail News
Forwarding
Look South for Free Trade Benefits
Alan M. Field |
A Central America Free Trade Agreement agreement may be the ticket President Obama needs to convince legislators and critics that he’s ready to kick start his administration’s export plan.
Forwarding
Rating Pacific Rates
Bill Mongelluzzo |
Ocean customers in the eastbound Pacific aren’t batting an eye over carrier intentions to increase freight rates by $400 per 40-foot container to the West Coast and $600 to inland and East Coast
Maritime
Container lines
Forwarding
ILA’s Daggett Hits Broadway
Joseph Bonney |
Harold Daggett isn’t offering any apologies for the news that some dockworkers receive some $400,000 or more for what the Waterfront Commission says is minimal work.
Maritime
CMA CGM Reaches Debt Pact, Seeks Government Cash
Bruce Barnard |
French ocean carrier CMA CGM, in a broad overhaul of the its troubled finances, said Friday it has a new agreement to restructure its huge debt and also expects to get a new $150 million cash injectio
Maritime
Container lines
Forwarding
Global Air Freight Grows 14.4 Percent
Bruce Barnard |
Global air freight increased 14.4 percent in October from a year ago and got a peak season shipping boost with the first month-on-month increase since May, the International Air Transport Association
Air Cargo
Air Cargo Carriers News
Japanese Imports From U.S. Fell in October
Hisane Masaki |
Japanese imports from the U.S.
Transport, Trade and Regulation News
Zim Extends Recovery With $37 Million Profit
Bruce Barnard |
Israeli ocean carrier Zim turned a $37 million net profit in the third quarter after losing $208 million a year ago as increased cargo volumes, higher freight rates and lower costs helped the company
Maritime
Container lines
Forwarding
Maersk Reported Close to 18,000-TEU Ship Order
Bruce Barnard |
Maersk Line is close to placing an order for up to 20 container ships that would each be able to transport 18,000 20-foot ocean containers, breaking through industry standards for carrying capacity.
Maritime
Container lines
Forwarding
Lufthansa Names New Cargo Chief
JOC Staff |
In a manag;ement change at the top of one of Europe’s largest airlines, Lufthansa German Airlines’ board elected Lufthansa Cargo chief Carsten Spohr chief executive of the overall airline
Air Cargo
Air Cargo Carriers News
CMA CGM Strikes $500 Million Investment Deal
JOC Staff |
Container line CMA CGM announced an agreement Thursday with Turkey-based investment firm Yildirim Group that will push $500 million into the debt-ridden French carrier.
Maritime
Container lines
Forwarding
Truck Tonnage Edges Up 0.8 Percent
William B. Cassidy |
Truck freight volume rose for the second straight month in October, pushing for-hire truck tonnage up 6.1 percent year-to-date compared with the first 10 months of 2009.
Trucking News
LTL
Cochin Port Extends Tariff Concessions
JOC Staff |
India's Cochin Port Authority announced plans to extend concessions on vessel-related charges granted at an earlier time to mainline vessels.
Maritime
Forwarding
Intermodal Hauling Strong Ahead of Holidays
John D. Boyd |
Major North American railroads hauled the most intermodal equipment in a month during the week ending Nov. 20.
Rail News
North-American rail
Infrastructure Bonds Topped $150 Billion Through October
John D. Boyd |
Cities and states issued more than $150 billion worth of Build America Bonds for a wide range of infrastructure needs, the Treasury Department reported.
Transport, Trade and Regulation News
Southeastern Freight Lines Hires 900 in 2010
William B. Cassidy |
Southeastern Freight Lines is expanding its workforce by hiring 900 employees, bringing its total headcount to more than 7,000 workers by the end of 2010.
Trucking News
Trucking labor
Durable Goods Orders Down, Inventories Up
Joseph Bonney |
Orders and shipments for durable goods fell in October while inventories rose, reflecting a slowing of business equipment investment from the high post-recession levels earlier this year.
Transport, Trade and Regulation News
Truck, Trailer Order Surge, But Not Capacity
William B. Cassidy |
Orders of new trailers hit a 33-month high in October, as dry van trailer orders more than doubled, according to ACT Research. Total orders topped of 17,000 units.
Trucking News
Evergreen, MCC Start Joint Intra-Asia Service
Peter T. Leach |
Evergreen Line is entering into a vessel-sharing agreement with intra-Asian carrier MMC Transport to launch the Malaysia - Bangladesh Shuttle service.
Maritime
Container lines
Forwarding
Unemployment Claims Decline by 34,000
Joseph Bonney |
Applications for unemployment benefits fell last week for the fourth time in six weeks, declining to the lowest point since July 2008, the Labor Department said.
Transport, Trade and Regulation News
Drewry Spot Pacific Rate Slides 5.7 Percent
Peter T. Leach |
The Drewry Container Rate Benchmark for trans-Pacific shipping fell 5.7 percent in the week ended Nov.
Maritime
Forwarding
APL Logistics Names Road, Rail Executives
Peter T. Leach |
APL Logistics hired two veteran intermodal experts to strengthen its inland transport capabilities.
Transport, Trade and Regulation News
Trucking News
Matson to Raise Rates 3.8 Percent
Bill Mongelluzzo |
Matson Navigation, joining the move by ocean carriers to announce price increases early heading into the New Year, said Thursday it plans to freight rates between Hawaii and the mainland by $120 per w
Maritime
Container lines
Forwarding
Waterways Conference Urges No Cuts to Port Spending
R.G. Edmonson |
The president’s deficit reduction commission should reject proposals that would reduce investment in the nation’s waterways and ports, the National Waterways Conference said Tuesday.
Transport, Trade and Regulation News
Maritime
Port Metro Vancouver Sets Container Record
JOC Staff |
Port Metro Vancouver hit the high point in container traffic in the port authority’s nearly three years of existence in October, with volume growing 19.5 percent over the same month a year ago.<
Maritime
Container lines
Forwarding
Ports of LA-LB Approve CAAP Update
Bill Mongelluzzo |
The ports of Los Angeles and Long Beach approved an update to their ground-breaking 2006 clean air action that calls for a significant reduction in pollution from vessels and line-haul locomotives.
Maritime
Transport, Trade and Regulation News
Forwarding
North American ports
Container Ships Collide Near Kolkata Port
JOC Staff |
A Bahamas-registered container ship collided with another container vessel Tuesday on the Hooghly river near India’s eastern Port of Kolkata.
Maritime
Forwarding
FAA Charges Companies with Aircraft Cargo Violations
R.G. Edmonson |
The Federal Aviation Administration is asking for $838,250 in civil penalties from two shippers and an aviation maintenance company for violating aircraft hazardous cargo and safety rules.
Transport, Trade and Regulation News
Air Cargo Forwarder News
Air Cargo
APM Terminals Plans Joint Venture with Indian Oil Firm
JOC Staff |
APM Terminals Pipavav, which operates India’s Port of Pipavav, agreed to lease nearly 100 acres of land to Mumbai-based Aegis Logistics.
Maritime
Forwarding
Maritime Commission Investigation Winds Down
R.G. Edmonson |
The end is near for the Federal Maritime Commission’s high-profile investigation into carrier capacity and equipment shortages.
Transport, Trade and Regulation News
Maritime
Container lines
Forwarding
Mumbai Airport Project Clears Hurdle
JOC Staff |
India’s Union Ministry of Environment gave the state authority final clearance to build the long-awaited Navi Mumbai airport project, about 20 kilometers from the city.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Dockwise Gets Nod for $106 Million Share Issue
Bruce Barnard |
Dockwise secured approval from shareholders Nov. 23 for a $106 million share issue to help pay for the construction of a giant vessel with a lifting capacity of more than 100,000 metric tons.
Maritime
Forwarding
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