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Breakbulk Quarterly Intelligence
Platts Containers Update
Built for Speed
Joseph Bonney |
Generations of shipbuilders and engineers have spent years trying to get ocean vessels to travel faster. Now, container lines are applying new tricks to slow the ships down.
Maritime
Forwarding
Railroads Fight Back
John D. Boyd |
Top railroad executives are throwing down the gauntlet, serving notice to Congress and freight shippers they will push back hard against efforts to tighten rail regulations.
Rail News
Transport, Trade and Regulation News
DOT Sends Safety Message
William B. Cassidy |
Placing an immediate ban on text messaging by truck drivers last week, the Department of Transportation sent a message easy to read even without a cell phone.
Transport, Trade and Regulation News
Trucking News
Rough Road to Aid
JOC Staff |
The 12 ocean containers Crowley Maritime managed to get to shore at Port-au-Prince’s crippled port late last month provided only a small share of the enormous relief supplies needed in Haiti, bu
Maritime
Forwarding
Fed Survey Finds Slow Gains in Freight
John D. Boyd |
The Fed’s latest “Beige Book” survey, conducted by the economics staff of its 12 district reserve banks, said five regional reports show freight transportation was either “up s
Rail News
Creating Jobs Through Trade
Stephanie Nall |
Democratic Party officials are scrambling to bolster the economy and jump-start job creation following a series of losses in midterm elections.
Transport, Trade and Regulation News
Air Freight Carriers See Rx in Pharmaceuticals
Air Cargo World |
As newcomers and established industry players vie for roles in a global market with surging demand for pharmaceuticals, airlines, forwarders and container manufacturers are trumpeting a wide arr
Air Cargo
LTL Trucking’s New Mix
William B. Cassidy |
It used to be that simply picking up and delivering freight was enough to keep every “motor carrier of property” in the land fat and happy.
Trucking News
LTL
Stacked for Growth
Bill Mongelluzzo |
After a 14 percent decline in intermodal traffic last year, the major western railroads are planning for increased container traffic in 2010.
Rail News
Forwarding
Montreal, Halifax Turn the Corner
Peter T. Leach |
Like other North American ports, Canada’s two big East Coast ports suffered declining container throughput in 2009, but the downturn at Montreal and Halifax hardly stretched to all trade t
Maritime
Green Schemes Thaw Trucking
William B. Cassidy |
Grocery chains seeking greater control over inbound inventory and manufacturers pursuing more sustainable shipping are making business hotter for refrigerated freight haulers.
Trucking News
Slow Boat From China
Joseph Bonney and Peter T. Leach |
Manufacturers and retailers looking to cut shipping costs by slowing their supply chains are finding unlikely new supporters of the strategy: the ocean container lines that carry the overwhelmin
Maritime
Forwarding
FFE Names S. Russell Stubbs President
William B. Cassidy |
Frozen Food Express Industries, parent of refrigerated trucker FFE Transportation, Dallas, promoted two top executives as it looks for a thaw in the recession that would return it to profitabili
Trucking News
Modular Life Support
Stephanie Nall |
The global reefer container fleet shrank in 2009. Carriers scrapped obsolete units, and not one carrier built a new refrigerated container, according to Bill Duggan of Maersk Line.
Maritime
Forwarding
Hainan Airlines to Convert 737s to Freighters
JOC Staff |
China’s Hainan Airlines will convert six 737-300 passenger planes into freighters in a move to increase regional and domestic air cargo capacity in the region.
Air Cargo
Air Cargo Carriers News
Long Beach Launches $3 Billion Port Expansion
Bill Mongelluzzo |
With new clean-air initiatives quieting environmental concerns, the Port of Long Beach is embarking on a $3 billion capital construction program aimed at protecting the port’s share of shipping
Maritime
Trade Groups Applaud President’s Exports Initiative
R.G. Edmonson |
Trade and manufacturing groups are offering strong support to President Obama’s call to double exports in five years to create 2 million jobs, but they also want to see substantive action t
Transport, Trade and Regulation News
Forwarding
Crowley Unloads 202 Containers at Port-au-Prince
Peter T. Leach |
Crowley Maritime Corp. discharged 202 20-foot containers of relief supplies across a beach in Port-au-Prince, Haiti, on Thursday under its contract with the U.S. Transportation Command.
Maritime
Container lines
From Breakbulk Asia: 'Life With Legs to It'
Janet Nodar |
SINGAPORE — All the worried talk about the project market lagging the overall economy and thus facing a tough 2010 as other sectors ramp up for recovery may turn out to be just that -- worry.
Maritime
Forwarding
ABF, Teamsters to Meet for 'Dialogue'
William B. Cassidy |
ABF Freight System is holding a "dialogue" with the Teamsters union over pension liabilities and labor costs, the company's top executive said yesterday.
Trucking News
LTL
Trucking labor
Steel Imports Declined Almost 50 Percent in 2009
Thomas L. Gallagher |
U.S. imports of steel saw their worst year since 1991 in 2009, falling 49.3 percent from the year before, said the American Institute for International Steel.
Transport, Trade and Regulation News
Durable Goods Orders Pick Up
Thomas L. Gallagher |
New orders for manufactured durable goods in December increased $0.5 billion or 0.3 percent to $167.9 billion, the U.S. Census Bureau announced Thursday.
Transport, Trade and Regulation News
Wal-Mart, Li & Fung Ink Sourcing Deal
Joseph Bonney |
Wal-Mart Stores created a group of global merchandising centers and signed sourcing agreements with Hong Kong buying agent Li & Fung as part of a broad plan to cut supply chain costs by consolidat
Transport, Trade and Regulation News
From Breakbulk Asia: Africa Projects Pick Up
Janet Nodar |
SINGAPORE -- Africa, the least-developed continent in the world, is attracting increased attention from the world's biggest manufacturing countries looking for natural resources and an outlet for expo
Maritime
Forwarding
Cargo Theft Surged to Record in 2009
Joseph Bonney |
Cargo theft rose 12 percent last year and averaged a record 72 incidents per month, according to FreightWatch International, which provides logistics security services and data.
Transport, Trade and Regulation News
NYK Hikes Trans-Atlantic Rates
Peter T. Leach |
NYK Line will be implementing a general rate increase in its trans-Atlantic services from the U.S.
Maritime
Container lines
Forwarding
Horizon Swings to Profit in Fourth Quarter
Peter T. Leach |
Horizon Lines in its fiscal fourth quarter ended Dec. 20 swung to a profit of $1.3 million from a loss of $20.3 million in the same quarter of fiscal 2008.
Maritime
Container lines
Air France-KLM Sells Freighters to FedEx
Bruce Barnard |
Air France-KLM signed a letter of intent to sell two new 777 freighters to FedEx as it downsizes its all-cargo operation.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
“K” Line Losses Nearly Double
Joseph Bonney |
Japanese ocean carrier “K” Line said its net losses in the last three months of 2009 nearly doubled to $203.3 million from $115.2 million a year earlier as weak volume and rates caused rev
Maritime
Container lines
Forwarding
'Fragile’ Recovery Seen for Transport Industry
William B. Cassidy |
Slow economic growth and uncertainty about oil prices will hobble U.S. transportation companies recovering from the recession, Standard & Poor’s says.
Transport, Trade and Regulation News
CMA CGM Adds Asia-Africa ‘Rush’ Surcharge
Bruce Barnard |
Citing a pre-Chinese New Year "cargo rush," CMA CGM said it will impose peak season surcharges on services from Asia to North and West Africa.
Maritime
Container lines
Forwarding
Inventories Push U.S. GDP Up 5.7 Percent
JOC Staff |
The U.S. economy grew at its fastest pace in six years in the fourth quarter, expanding 5.7 percent as companies scaled back their attempts to cut inventories, the U.S.
Transport, Trade and Regulation News
Ship Dropped 30 Containers off Florida
Joseph Bonney |
Seaboard Marine said most of the 30 containers that fell overboard from a ship 30 miles off Key West, Fla., this week were empty and the rest contained non-hazardous materials such as textiles, the Co
Maritime
Container lines
Forwarding
Court Rebuffs Deutsche Post DHL on Wage Rule
Bruce Barnard |
Deutsche Post DHL, the German postal, express and logistics group, faces greater competition in its domestic mail market after a court threw out a minimum wage law that its rivals claim unfairly prote
Air Cargo
MOL Upgrades Outlook After Third-Quarter Profit
JOC Staff |
MOL on Friday more than doubled its profit forecast for its current fiscal year, saying “strong demand” in dry bulk shipping and rising container shipping prices are improving the company&
Maritime
Container lines
Forwarding
Investor Puts $30 Million into INTTRA
Peter T. Leach |
INTTRA, the carrier-owned portal for ocean-freight bookings, is getting a fresh capital infusion that will enable it to develop new electronic commerce services for new markets.
Maritime
Container lines
Forwarding
Wal-Mart Sets Monday Deadline for Shipping Program
William B. Cassidy |
Wal-Mart Stores will charge suppliers penalties for late deliveries starting Feb. 1, according to a letter to suppliers.
Trucking News
Trucker Landstar Earns $70 Million in 2009
William B. Cassidy |
Landstar System is shutting the trailer door on 2009, after reporting a 36.5 percent drop in profit and a 24 percent slide in sales.
Trucking News
Cargoitalia Joins Haiti Airlift
Press Release |
Italy’s all-cargo carrier, Cargoitalia, has joined the long list of airlines that have stepped in to help the giant relief airlift for Haiti.
IICL Elects New Chairman
JOC Staff |
Washington, D.C. – The Institute of International Container Lessors’ (IICL) President, Steven Blust, announces that Joseph Kwok, Chief Executive Officer of Seacastle Inc.
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