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FreightCar Targets Roanoke Cuts
John D. Boyd |
FreightCar America is suspending work at a railcar plant in Roanoke, Va., local news services say, in a move that affects 210 workers.
Rail News
FedEx Drops 14 Aircraft
JOC Staff |
FedEx Express, its business hit hard by the weak economy, will drop 14 aircraft from its freighter fleet by the end of next month, the company said.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
UK - France Truck Traffic Faces Total Shutdown
Bruce Barnard |
London -- Trucking between the UK and France risks total shutdown starting April 16 as French fishermen threatened to extend their blockade of ports to the cross channel tunnel.
Maritime
LTL
Trucking labor
Box Imports Fall Below 1 Million
Thomas L. Gallagher |
Import cargo volume at the nation’s major retail container ports hit its lowest level in seven years in February as the number of containers dropped below 1 million for the first time in half a
Maritime
Forwarding
North American ports
Industrial Capacity Hits All Time Low
Thomas L. Gallagher |
American industrial output fell to its lowest level in a decade in March as capacity utilization hit a historic low.
Transport, Trade and Regulation News
Seattle OKs Plan to Boost Volumes, Cut Pollution
Peter T. Leach |
The Port of Seattle Commission unanimously approved a package of incentives for terminal operators that will provide $7 million in rent breaks and defer some payments in return for steps they take to
Maritime
North American ports
Ocean Carriers Must Cut More
Peter T. Leach |
Despite the actions most container lines have taken to cut their vessel overcapacity, they are not doing enough to make a difference says Drewry Shipping Consultants in a new report.
Maritime
Container lines
Big Rails Cut More Workers
John D. Boyd |
By the middle of February, employment levels at the U.S. operations of the seven Class I railroads had been set back by four years.
Rail News
North-American rail
Bahrain Terminal Gets First Box Call
JOC Staff |
The new Bahrain Gateway container terminal at Khalifa Bin Salman Port marked its opening with its first call by a container ship, the 2,500-TEU APL Dalian.
Maritime
Frankfurt Cargo Decline Slows
Bruce Barnard |
Frankfurt airport's freight traffic in March fell 21.2 percent from a year ago, down from a 25.4 percent decline in February in the first indication that cargo volume is stabilizing at Europe's top fr
Air Cargo
Obama Beefs Up U.S. Trade Team
John D. Boyd |
With three new appointments, President Obama signaled his intent to fill out his emerging international trade team the same week he heads to Mexico amid a sensitive trade dispute.
Transport, Trade and Regulation News
Ship Orders in Japan Sink 47 Percent
Hisane Masaki |
Japanese export ship orders sank at their fastest pace in 16 years in fiscal 2008, which ended on March 31, as the global economic crisis that erupted last autumn dampened ship owners' demand for new
Maritime
Container lines
Forwarding
Cosco Launches Fuzhou-SW America Service
JOC Staff |
Cosco Container Lines launched its Coscon Fuzhou-Southwest America Service, effective this month.
Maritime
Container lines
Pirates Attack U.S. Freighter
JOC Staff |
Pirates off the coast of Somalia tried but failed to hijack another U.S. cargo ship as they stepped up attacks in the lawless waters of the Indian Ocean.
Maritime
Supply Chain Managers Fear Protectionism
R.G. Edmonson |
Supply chain managers in North America, Europe and Asia by a wide margin worry that increasing trade protectionism could push the global recession into a global depression, according to a survey by BD
Transport, Trade and Regulation News
STB Airs Competition Options in Hearing
John D. Boyd |
The Surface Transportation Board will air out some of the most controversial issues between railroads and their customers, in a wide-ranging public hearing on competition issues May 18 and 19.
Rail News
North-American rail
CSX Profit Falls 30 Percent
John D. Boyd |
Rail giant CSX said its profit fell 30 percent to $246 million in the first three months of 2009, as revenue fell 17 percent to $2.25 billion.
Rail News
North-American rail
LA Port Traffic Decline Slows
JOC Staff |
The decline in container traffic at the Port of Los Angeles slowed sharply in March, with inbound loaded boxes down 6.2 percent from the same month a year ago.
Maritime
Yusen Further Expands in India
Hisane Masaki |
Yusen Air & Sea Service (India) established a new office at Bangalore airport to improve the quality of its local transportation services.
Transport, Trade and Regulation News
Maersk Shifts to Seattle
JOC Staff |
A.P.
Maritime
Container lines
Forwarding
CSAV Seeks Further Financing
Thomas L. Gallagher |
In the week after being downgraded by two ratings agencies, Chilean boxship owner CSAV went to Hamburg, Germany to negotiate a capital infusion to weather the growing global economic gloom.
Maritime
Container lines
Wind Energy Imports May Slow
Janet Nodar |
Imports of wind energy turbines and other components continued to grow in 2008, but that may change as investors and manufacturers build more plants in the U.S.
Transport, Trade and Regulation News
Port of Tampa Loads NYC Bridge Project
Janet Nodar |
Twelve sections of a bridge to be delivered to and assembled in New York City were loaded at the Port of Tampa last week. Tampa Steel Erecting Co.
Transport, Trade and Regulation News
Jubail Builds More
Janet Nodar |
Since the mid-70’s, Saudi Arabia’s industrial city of Jubail has grown from a coastal village to the site of a multi-billion-dollar petrochemical complex.
Transport, Trade and Regulation News
Producer Prices Fell 1.2 Percent
Thomas L. Gallagher |
Producer Prices Fell in March, especially for energy goods, according to a report April 14 from the Bureau of Labor Statistics of the U.S. Department of Labor.
Transport, Trade and Regulation News
CEVA Joins Cargo 2000
Thomas L. Gallagher |
Supply chain management company CEVA Logistics joined Cargo 2000 with the help of Descartes Systems Group.
Transport, Trade and Regulation News
Maersk Reviewing Ship Routes off Somalia
Peter T. Leach |
A.P.
Maritime
Idle Boxship Capacity Falls
Bruce Barnard |
Idled ocean container capacity fell for the first time in six months as carriers re-activated larger vessels amid a seasonal increase in cargo volume, but the jobless figures likely will surge again l
Maritime
Container lines
Forwarding
FMC Cancels April Meeting
JOC Staff |
The Federal Maritime Commission has announced its meeting schedule through the summer, and cancelled its April 22 meeting.
Maritime
Canacar Alleges Violation of NAFTA
R.G. Edmonson |
The Mexican trucking trade group Canacar filed a notice of arbitration against the United States, alleging that cancellation of the cross-border trucking pilot program violated the North American Free
Trucking News
CN Cites Delays in EJE Report
John D. Boyd |
Canadian National Railway reported 50 instances when its trains or those of a short line it bought blocked road crossings in the Chicago area, in the first two months since it took over those tracks e
Rail News
North-American rail
Panama Transits Slip 1.4 Percent
Thomas L. Gallagher |
Transits of the Panama Canal slipped 1.4 percent in the Canal’s second fiscal quarter. A total of 3,914 ships passed through the Canal from January through March.
Maritime
Retail Sales Dive 9.4 Percent
Thomas L. Gallagher |
Retail sales for March fell 9.4 percent compared with a year ago, according to a report April 14 from the U.S. Census Bureau, as the recession took a big bite out of consumer spending.
Transport, Trade and Regulation News
J.B. Hunt Profit Falls 16 Percent
JOC Staff |
J.B.
Trucking News
Slide Show: Ports And the Economic Storm
Paul Page |
The docks that make up port cargo terminals, where millions of steel containers full of freight are transferred from ships to the shore or the other way around, are normally a death-defying place to b
Maritime
Forwarding
North American ports
Long Beach Middle Harbor Passes Green Test
Peter T. Leach |
The Long Beach Board of Harbor Commissioners on Monday unanimously approved an exhaustive environmental study, paving the way for the port’s first major capital improvement project in more than
Maritime
North American ports
Long Beach OKs Terminals Overhaul
Peter T. Leach |
The Long Beach Board of Harbor Commissioners on Monday unanimously approved an exhaustive environmental study, paving the way for the port’s first major capital improvement project in more than
Maritime
Forwarding
Diesel Nearly Flat at $2.229
Thomas L. Gallagher |
The average retail price of diesel fuel went up one-tenth of a cent last week to $2.229 per gallon, according to the U.S. Energy Information Administration.
Trucking News
Maersk Clips Savannah Call
JOC Staff |
Maersk Line announced plans to adjust the port rotation of its Oceania Americas Service (OC1), effective in May.
Maritime
Audio Clip: BNSF's Rose on Electrification
John D. Boyd |
Rail News
North-American rail
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