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Platts Containers Update
Zim Combines Med-SA Services
Staff |
Zim Integrated Shipping Services changed its service network linking the Mediterranean and the East Coast of South America, effective immediately.
Maritime
Bidder Seeks Virginia Terminals
Joseph Bonney |
A real estate development company plans to submit a multibillion-dollar offer for the operating rights to the state-owned cargo terminals of the Virginia Port Authority.
Maritime
New England Gets Rail Joint Venture
John D. Boyd |
Federal regulators cleared the way for Norfolk Southern Railway and northeastern short lines operator Pan Am Railways to launch a New England joint venture railroad.
Rail News
Transport, Trade and Regulation News
North-American rail
Lufthansa Boosts Cargo Earnings, Shrinks Capacity
Bruce Barnard |
London -- Lufthansa, Europe's second largest airline, on March 11 reported cargo earnings rose more than 20 percent in 2008 from a year ago but warned revenue and profits will shrink in 2009 as freigh
Air Cargo
Transpacific Carriers to Revise Surcharges
Peter T. Leach |
The 14 container lines that belong to the Transpacific Stabilization Agreement will begin the transition to a new formula for calculating their bunker adjustment factor under their 2009-10 service con
Maritime
Container lines
Lutt Resigns as Chief of APL Logistics
Peter T. Leach |
Brian Lutt, president APL Logistics, resigned to pursue an opportunity outside the company, its parent, Neptune Orient Lines announced today.
Transport, Trade and Regulation News
Maritime
Japanese Air Cargo Plunges
Hisane Masaki |
Japan's two largest airlines saw their international cargo volume continue to nosedive in January amid the deepening global economic slump.
Air Cargo
Japan, Philippines to Ink Sailor Pact
Hisane Masaki |
In a bid to secure Asian seafarers for its merchant marine fleet, Japan will sign an agreement with the Philippines on Thursday to launch a joint training project for Filipino sailors.
Maritime
Manufacturers Strongly Oppose Card Check Bill
Trade groups ask Congress to reject Employee Free Choice Act |
The National Association of Manufacturers and the Precision Metalforming Association both called on Congress Tuesday to oppose the Employee Free Choice
Transport, Trade and Regulation News
STB Takes On Chlorine Issue
John D. Boyd |
The U.S. rail economic regulator will consider Union Pacific Railroad’s effort to avoid taking on new long hauls of chlorine.
Rail News
North-American rail
SoCal Ports Face Dray Truck Scramble
Bill Mongelluzzo |
The harbor trucking community in Southern California will have to scramble to replace or retrofit about 7,500 trucks over the next 10 months in order to meet the next deadline in the Los Angeles-Long
Maritime
Nova Scotia Kills Gateway Project
Tom Peters |
Nova Scotia decided against pursuing a major gateway project involving the Port of Halifax and Canadian National Railway because of high costs.
Maritime
North-American rail
Halifax, Seaway Talk Short Sea
Tom Peters |
Officials from the Halifax Port Authority and the St.
Maritime
NRS Chairman Frank Walsh Dies at 62
Peter T. Leach |
Frank J. Walsh, long-time chairman of National Retail Systems, died on Feb. 25 of a cerebral hemorrhage at the age of 62.
Trucking News
South America’s Recovery Project
Leticia Lozano |
The economic recession spreading around the globe hitting South America, cutting sharply into containerized shipments as well as exports of automobiles and breakbulk commodities such as steel and fore
Maritime
Forwarding
Conference to Explore Short Sea Shipping
The Journal of Commerce Staff |
The current state and future direction of short sea shipping in the United States will be explored next month at the sixth annual Marine Highways Conference.
Maritime
Car Carriers Target Heavy Lift
Peter T. Leach |
Amid the deepening slump in the automobile market, car carriers are focusing more of their marketing efforts on oversize, non-automobile cargo to fill the empty space on their vessels’ decks.
Maritime
Forwarding
Senator Files HMT Exemption Bill
R.G. Edmonson |
Legislation that would exempt domestic maritime shipments from the Harbor Maintenance Tax is now on file in both houses of Congress.
Transport, Trade and Regulation News
Diesel Drops 4.2 Cents to $2.045
Thomas L. Gallagher |
Diesel last week dropped 4.2 cents to an average price of $2.045 per gallon, according to the U.S. Energy Information Administration.
Trucking News
European Short Sea Carrier’s Volume, Profit Fall
Bruce Barnard |
London -- DFDS, one of Europe's largest short sea shipping lines, blamed a slump in fourth quarter traffic in the Baltic Sea and North Sea for pre-tax profits in 2008 sliding to $37.5 million from $89
Maritime
Hanjin Hikes Asia-Europe, Trans-Atlantic Rates
Bruce Barnard |
London – Hanjin Shipping on March 10 said it will increase ocean freight rates on routes between Asia and Europe and across the Atlantic from April 1.
Maritime
Container lines
Lufthansa Cargo Traffic Slumps
Bruce Barnard |
London – Lufthansa Cargo on March 10 reported freight traffic in February tumbled 24.9 percent from a year ago as the deepening global recession slashed shipments on its Americas and Asian route
Air Cargo
Air Cargo Carriers News
Costco Moves to Tokyo DC
Staff |
Retail giant Costco Wholesale sent a signal of confidence in Japan’s slumping economy this week with the announcement that it will lease a 300,000-square-foot distribution center near Tokyo from
Transport, Trade and Regulation News
Outsourced Logistics Growing
Alan Field |
The global outsourced logistics industry will reach an estimated $648.57 billion by 2014, according to a report from Frost & Sullivan.
Transport, Trade and Regulation News
Long Beach TWIC Deadline Nears
JoC Sailings |
Longshore workers, truck drivers, repair people and others at the Port of Long Beach who need the Transportation Worker Identification Credential (TWIC) are being urged to apply for the TWIC as soon a
Maritime
IMO Forms Global Ballast Alliance
R.G. Edmonson |
The International Maritime Organization has organized an alliance of public and private interests to tackle the problem of the spread of exotic marine species by way of ships’ ballast water.
Maritime
Trade Rep. to Get Tough on Labor, Environment
Alan Field |
Ron Kirk, President Obama's nominee for U.S.
Transport, Trade and Regulation News
Short Line Volume Drops 21 Percent
John D. Boyd |
North America’s short line railroads saw traffic in all categories fall 21.1 percent from a year earlier in the first eight weeks of 2009.
Rail News
One Million Signed Up for TWIC
R.G. Edmonson |
The Transportation Security Administration has passed the 1 million milestone in the Transportation Worker Identification Credential program.
Transport, Trade and Regulation News
DHL Names New Japan Head
Hisane Masaki |
DHL, the world's leading express and logistics company, said on Tuesday that senior financier Taketo Yamakawa will become the new head of DHL Express Japan, effective on April 1.
Air Cargo
Alitalia Cargo Sale to Close Within Days
Bruce Barnard |
London – The cargo unit of Alitalia, Europe’s seventh largest air freight carrier last year, is about to be sold, the bankruptcy administrator of Italy’s national airline said.
Air Cargo
Air Cargo Carriers News
Indian Dock Strike Deferred
Staff |
Unionized port and dock workers in India have agreed to defer their indefinite nationwide strike plan that was scheduled for March 10, temporarily averting disruptions at the country's major gateway p
Maritime
Genesee & Wyoming Traffic Slides
John D. Boyd |
Short line operator Genesee & Wyoming said February freight traffic on railroads it held a year ago fell 6.4 percent, although the company’s new acquisitions lifted total volume.
Rail News
Con-way Cuts Wages, Benefits
John Gallagher |
Con-way is trimming wages, salaries and benefits across its entire employee base to save costs during the deepening recession.
Trucking News
LTL
Taipei Opens Two Container Terminals
Peter T. Leach |
Evergreen Marine, Wan Hai Lines and Yang Ming officially opened two container terminals in ceremonies in Taipei today.
Maritime
Container lines
Forwarding
Teamsters Seek HOS Reversal
John Gallagher |
The Teamsters union and several safety advocacy groups are petitioning the Obama administration to tighten its stance on trucking hours of service rules.
Trucking News
Trucking labor
Maersk Seeks More Rate Increases
Peter T. Leach |
Maersk Line took steps March 9 to seek increases in freight rates on several more of its trade lanes.
Maritime
Container lines
Construction Machinery Exports Gained
Thomas L. Gallagher |
Exports of construction equipment from the United States increased 20 percent in 2008 for a total of more than $20.7 billion, according to an industry report.
Transport, Trade and Regulation News
Stimulus Off Track for Short Lines
John D. Boyd |
Railroads felt left out of the massive stimulus bill that Congress and the Obama administration negotiated.
Rail News
Transport, Trade and Regulation News
Frankfurt Airport Cuts Hours
Bruce Barnard |
London – Frankfurt airport, Europe’s biggest air freight hub, on March 9 will cut hours for around 500 cargo workers amid steep and accelerating declines in traffic volumes.
Air Cargo
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