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Platts Containers Update
Consumer Confidence Index Rises Slightly
Joseph Bonney |
Consumer confidence improved slightly in August despite concern about business and labor conditions, a business research group reported.
Transport, Trade and Regulation News
Port Congestion Could Resume in Some Sectors
Peter T. Leach |
With global container volume forecast to increase by strong single digits annually in the next five years, port congestion could once again become a problem, says an analyst.
Maritime
Forwarding
India to Triple Port Capacity in 10 Years
JOC Staff |
The Indian Shipping Ministry said it plans to augment the country's overall port capacity from the current 1 billion tons to 3.5 billion tons over the next 10 years.
Maritime
Forwarding
JAL Submits Rehabilitation Plan to Court
Hisane Masaki |
Struggling Japan Airlines submitted its state-backed rehabilitation plan to the Tokyo District Court on Tuesday, two months later than initially planned.
Air Cargo
Schiphol Group Profit Triples
Bruce Barnard |
Schiphol Group, operator of Amsterdam airport, booked a 22 percent increase in freight traffic as first half net income tripled from a year ago.
Air Cargo
Two Danish Terminals to Combine Facilities
JOC Staff |
Two terminals in the largest Danish port of Aarhus are merging their facilities into one contiguous deepwater berth with one set of truck gates and dedicated rail service.
Maritime
Forwarding
Active Container Fleet Expands 19 Percent
Bruce Barnard |
The active container ship fleet added 2.4 million 20-foot equivalent units since the beginning of the year, putting downward pressure on ocean freight rates, according to a leading industry analyst.
Maritime
Container lines
Forwarding
Consolidator Forecasts Slow Peak for Air Freight
Joseph Bonney |
Air freight volume rose sharply this year but will see “little or no Christmas rush” as retailers and consumers limit their spending, said Julian Keeling, chief executive of Consolidators Internationa
Air Cargo
Diesel Falls 1.9 Cents to $2.938 per Gallon
Thomas L. Gallagher |
The average retail price for diesel fuel fell 1.9 cents last week to $2.938 per gallon, according to the U.S. Energy Information Administration.
Trucking News
White House to Establish Export Enforcement Center
R.G. Edmonson |
President Obama will sign an executive order to establish a center for coordinating export control enforcement, the White House said Monday.
Transport, Trade and Regulation News
Forwarding
Spanish Logistics Provider Azkar Acquires Airport Handler
Thomas L. Gallagher |
Spanish logistics company Azkar acquired airport cargo handler Cargo Aerospace Logistics.
Air Cargo
Seanergy to Acquire Remaining Stakes in BET and MCS
Thomas L. Gallagher |
Seanergy Maritime Holdings signed letters of intent for the acquisition of the remaining minority stakes in its subsidiaries, Bulk Energy Transport and Maritime Capital Shipping.
Maritime
Rebranded Qantas Courier Launches Service
Thomas L. Gallagher |
Qantas Freight launched courier and baggage delivery services under the new brand name Qantas Courier.
Air Cargo
NYK to Boost Trans-Atlantic Rates
Peter T. Leach |
NYK said Monday it will increase freight rates on containers moving in both directions on its trans-Atlantic services as of Oct. 1.
Maritime
Container lines
Forwarding
Consumer Spending Jumped 0.4 Percent in July
Joseph Bonney |
American consumers opened their wallets a little last month as consumer spending rose at a 0.4 percent annual rate, the fastest increase in four months, the Commerce Department said.
Transport, Trade and Regulation News
Del Monte Terminal Shift Threatens ILA Control
Peter T. Leach |
In a sharp blow to the International Longshoremen's Association, Del Monte Fresh Produce is planning to shift its shipments of half a million tons of bananas on some 75 ships annually from the Port of
Maritime
Thessaloniki Boosts Container Traffic 5.3 Percent
Bruce Barnard |
Thessaloniki, Greece's second largest port, boosted first half container traffic 5.3 percent from a year ago to just over 155,000 20-foot equivalent units.
Maritime
Forwarding
OOCL Hikes Trans-Atlantic, Asia-Australia Rates
Peter T. Leach |
OOCL plans to raise rates on Oct. 1 on its services in both directions on the trans-Atlantic and on its services from the Middle East, South and Southeast Asia to Australia.
Maritime
Container lines
Forwarding
Environmental Groups Praise Clean Truck Decision
Bill Mongelluzzo |
Environmental, community and labor organizations Friday praised the decision by a U.S.
Maritime
Forwarding
Trucking labor
Air China Cargo Revenue Doubles
Air Cargo World |
Air China reported an increase in cargo revenue of 127 percent for the first six months of 2010 compared to the same period last year. Total revenue for the period was $656 million.
Air Cargo
Savannah Port Gets Record Ship Call
Thomas L. Gallagher |
The largest container ship ever to call the Port of Savannah arrived Friday.
Maritime
Container lines
Forwarding
ANA Ramps Up Regional Freighters
Air Cargo World |
Japan’s All Nippon Airways is expanding its freighter schedule to China, Hong Kong and Taiwan.
Air Cargo
Trucking Group to Appeal LA Ruling
Bill Mongelluzzo |
The American Trucking Associations plans to appeal the ruling of U.S.
Maritime
Forwarding
Trucking labor
Maersk Resumes Port Nehru Calls
JOC Staff |
Maersk Line on Friday said it resumed bookings of all cargo for direct loading via the Port of Jawaharlal Nehru (Nhava Sheva), India's busiest container gateway.
Maritime
Container lines
Forwarding
Judge Rules LA Port Clean Trucks Plan Can Proceed
Bill Mongelluzzo |
A federal judge late Thursday rejected trucking industry arguments that parts of the Port of Los Angeles Clean Truck Programs violate federal law and said controversial provisions affecting drivers an
Transport, Trade and Regulation News
Trucking News
Trucking labor
Deeper Trade Gap Drives Lower GDP Estimate
Joseph Bonney |
The U.S.
Transport, Trade and Regulation News
Forwarding
Maersk Confirms Trans-Atlantic Rate Hike
Bruce Barnard |
Maersk Line said it will go ahead with a previously announced general rate increase on all container cargoes shipped across the North Atlantic in the fourth quarter.
Maritime
Container lines
Forwarding
Chicago Canal to Close During Week After Labor Day
R.G. Edmonson |
The Coast Guard said Wednesday it will temporarily close a half-mile section of the Chicago Sanitary and Ship Canal during most daylight hours during the week after Labor Day for construction of paras
Maritime
Key Factory-Related Cargoes Rise at Top Railroads
John D. Boyd |
Major North American railroads increased their loadings in recent weeks of key raw materials as well as some finished goods related to manufacturing activity.
Rail News
North-American rail
Ferrin Resigns as Jaxport CEO
Joseph Bonney |
Rick Ferrin resigned Thursday as chief executive of the Jacksonville Port Authority. Chris Kauffmann, the port's chief operating officer, was named interim replacement.
Maritime
Trucking at a Glance
JOC Staff |
Do you know how many truck drivers there are in the U.S.? What about number of heavy trucks? Here are some quick facts about the U.S. trucking industry.
Trucking News
LTL
Intermodal Hits New 2010 High
John D. Boyd |
Major U.S. railroads set a new 2010 peak for intermodal shipments in the week ending Aug. 21, the second straight week of new highs in container and trailer loadings.
Rail News
North-American rail
EU Launches Marine Insurance Anti-Trust Probe
Bruce Barnard |
The European Union opened an anti-trust investigation of marine insurance agreements among shipowners to check whether they are blocking rivals from the market.
Maritime
Container lines
Forwarding
EPA to Bar Vessel Sewage Discharge
R.G. Edmonson |
The Environmental Protection Agency will issue a proposed rule to establish a “no-discharge” zone along the West Coast that bans sewage dumping from large vessels.
Maritime
Landstar Reduces Third Quarter Outlook
JOC Staff |
Landstar System is reducing its earnings outlook for the third quarter amid signs of slowing demand and tighter capacity in the domestic truckload market.
Trucking News
Adani Group to Build Port-Rail Project in Sumatra
JOC Staff |
India's Adani Group acquired Abbot Point Coal Terminal, a dedicated coal export facility, in Queensland, Australia, from North Queensland Bulk Ports.
Maritime
The Transportation & Logistics Council is pleased to announce that it is launching a new Website on September 1st.
Press Release |
The Transportation & Logistics Council is pleased to announce that it is launching a new Website on September 1st.
Norway's Green Reefers Loss Widens
Bruce Barnard |
Norway's Green Reefers, a leading carrier of palletized refrigerated cargo, blamed low spot rates, Russia's six month ban on U.S.
Maritime
Container lines
Forwarding
Truck Tonnage Climbs 7.4 Percent in July
Joseph Bonney |
Truck tonnage rose 7.4 percent in July, the eighth consecutive month of year-to-year increase, the American Trucking Associations reported.
Trucking News
LTL
Truck brokers
Israel's Zim Swings to Slim 2Q Profit
Bruce Barnard |
Zim Integrated Shipping Services swung to a slim $3 million second quarter net profit from a $186 million loss a year ago as the Israeli carrier's enforced restructuring program coincided with a rebou
Maritime
Container lines
Forwarding
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