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Wallenius Wilhelmsen opens Chennai unit
The JOURNAL of COMMERCE ONLINE |
Wallenius Wilhelmsen Logistics, the car carrier and roll-on, roll-off operator, has opened a subsidiary in Chennai to support the emerging India market.
Maritime
Deflation Slows in January
Thomas L. Gallagher |
Wholesale prices for finished goods increased in January for the first time in three months, primarily on the strength of energy goods.
Transport, Trade and Regulation News
Correction
JOC Staff |
An article appearing Feb. 18 about HSH Nordbank should have said the German company is withdrawing f
Maritime
BNSF ordered to pay $345 million to coal utilities
JOC Staff |
WASHINGTON -- In a major decision with far-reaching implications, the Surface Transportation Board o
Transport, Trade and Regulation News
LA-Long Beach Fee Sparks Traffic Jam
Bill Mongelluzzo |
LONG BEACH, Calif. -- The ports of Los Angeles and Long Beach Wednesday ushered in a new era of harbor trucking as they began to collect clean-truck fees from importers and exporters.
Maritime
Trucking News
Forwarding
U.S. Rail Traffic Drops Sharply
Thomas L. Gallagher |
U.S. rail traffic was much lighter than last year in the week ending Feb. 14 with steep declines in major commodities as well as intermodal units.
Rail News
North-American rail
From the Tampa Steel Conference: What the stimulus means
Janet Nodar/The JOURNAL of COMMERCE ONLINE |
TAMPA, Fla. -- While speakers at the 20th Annual Tampa Steel Conference differ on their estimates of
Transport, Trade and Regulation News
C.H. Robinson Expands in Vietnam
John Gallagher |
Third-party logistics provider C.H. Robinson Worldwide opened an office in Ho Chi Minh City, Viet Nam, and will use it as a launching point for further expansion in Southeast Asia.
Transport, Trade and Regulation News
BNSF Blasts STB Penalty
John D. Boyd |
BNSF Railway sharply criticized the Surface Transportation Board's decision to hit it with $345 million in forced rate cuts and reparation payments, over freight rates it has been charging to deliver
Transport, Trade and Regulation News
North-American rail
Piraeus Faces Dock Strikes
Bruce Barnard |
Dockworkers at the Port of Piraeus will launch rolling 24-hour strikes next week in a major escalation of protests against Cosco Pacific taking control of container operations at Greece's biggest port
Maritime
STB Orders Major BNSF Penalty
John D. Boyd |
In a major decision with far-reaching implications, the Surface Transportation Board ordered BNSF Railway to pay an estimated $345 million in reparations and rate cuts to coal-burning utilities - its
Transport, Trade and Regulation News
North-American rail
TNT acquires Chilean express trucker
The JOURNAL of COMMERCE ONLINE |
TNT, the Dutch mail and express group, has acquired Chilean express trucking company LIT Cargo.<
Transport, Trade and Regulation News
Air cargo slides at San Francisco
JOC Staff |
Nose-diving imports from Asia sent cargo traffic at San Francisco International Airport plunging 36
Air Cargo
Euro Zone Deficit Sets Record
JOC Staff |
The euro zone of 16 European countries recorded an external trade deficit of 32.1 billion euros ($40.5 billion) in 2008, the largest trade deficit since the euro was introduced in 1999.
Transport, Trade and Regulation News
Trinity Profit Tumbles
Thomas L. Gallagher |
Railcar orders plummeted in the fourth quarter, cutting profit 43 percent for Trinity Industries at the end of a year with record revenue and a respectable full year net income.
Rail News
Finnlines posts fourth-quarter loss
The JOURNAL of COMMERCE ONLINE |
Helsinki-based liner shipping company Finnlines fell into the red in the fourth quarter of 2008 as c
Maritime
Truck-fee woes ease at LA-Long Beach
Bill Mongelluzzo/The JOURNAL of COMMERCE ONLINE |
LONG BEACH, Calif. -- Marine terminals in Los Angeles-Long Beach on Thursday continued to turn away
Transport, Trade and Regulation News
Rails Knock Higher Truck Weight Limits
John Gallagher |
A shipper-backed proposal to increase truck productivity by lifting federal weight restrictions was opposed by railroad interests at a recent National Association of Manufacturers meeting in Washingto
Trucking News
Rail News
APL to raise Asia-Europe rates
Peter T. Leach/The JOURNAL of COMMERCE ONLINE |
APL said it will raise freight rates on the Asia-Europe trade next month. It plans to seek r
Maritime
Euro zone deficit sets record
The JOURNAL of COMMERCE ONLINE |
The euro zone of 16 European countries recorded an external trade deficit of 32.1 billion euros ($40
Transport, Trade and Regulation News
Longview, Wash., RSG reach property pact
The JOURNAL of COMMERCE ONLINE |
The Port of Longview, Wash., and RSG Forest Products on Thursday reached a settlement agreement and
Transport, Trade and Regulation News
YRC Gets Breather
John Gallagher |
YRC Worldwide's bankers gave the carrier some financial breathing room with a modified credit agreem
Trucking News
Industrial Output Falters
Thomas L. Gallagher |
Production at the nation's industrial outlets fell 1.8 percent in January, according to a government
Transport, Trade and Regulation News
Maersk Upgrades Intra-Asia
JOC Staff |
Maersk Line announced plans to upgrade its IA-4 intra-Asia service connecting China and Southeast As
Maritime
Long Beach Boxes Fall
Thomas L. Gallagher |
Loaded inbound container volume fell 23.3 percent in January at the Port of Long Beach as trade betw
Maritime
Rails Eye Stimulus Money
John D. Boyd |
Major freight railroads are looking at the new economic stimulus bill as a way to fund track and bri
Rail News
Truck Crash Fatalities Fall
John Gallagher |
Fatality rates in accidents involving trucks declined 5.8 percent in 2007 in part as a result of new
Trucking News
Euro zone trade gap widens
Alan Field / The JOURNAL of COMMERCE ONLINE |
The euro zone of 16 European countries recorded an external trade deficit of 32.1 billion euros ($40
Transport, Trade and Regulation News
Nordbank Quits Container Ship Financing
Bruce Barnard |
Germany's HSH Nordbank, the world's biggest shipping bank, said it is withdrawing from container shi
Maritime
Agreement Ends Vancouver Strike Threat
Courtney Tower |
A threatened work stoppage that would have idled container and other traffic at British Columbia por
Maritime
Railcar Builders Cutting Back
John D. Boyd |
Both Trinity Industries and Greenbrier Companies, the two largest builders of freight railcars in No
Rail News
Clean-trucks fee spurs traffic jam at LA-Long Beach port
Bill Mongelluzzo / The JOURNAL of COMMERCE ONLINE |
LONG BEACH, Calif. -- The ports of Los Angeles and Long Beach Wednesday ushered in a new era of harb
Maritime
CSX delays Jaxport project
The JOURNAL of COMMERCE ONLINE |
Construction of an intermodal on-dock rail terminal at the Port of Jacksonville has been delayed by
Maritime
Marseilles Boxes Drop 25 Percent
Bruce Barnard |
Container traffic at Marseilles, France's biggest port and second-largest box hub, plunged 25 percen
Maritime
Grand Alliance, Zim Join on Trans-Pacific
JOC Staff |
Members of the Grand Alliance are joining with Zim Integrated Shipping Services in two strings in th
Maritime
Grand Alliance, Zim join on Pacific Northwest trade
The JOURNAL of COMMERCE ONLINE |
Members of the Grand Alliance are joining with Zim Integrated Shipping Services in two strings in th
Maritime
Lufthansa hits night ban
The JOURNAL of COMMERCE ONLINE |
The head of Lufthansa Cargo warned a ban on night flights at its Frankfurt hub threatens the carrier
Air Cargo
ATSG Leases Five Freighters
Thomas L. Gallagher |
Cargo Aircraft Management, a subsidiary of Air Transport Services Group, signed an option agreement to lease up to five 767-200 freighters to Amerijet International, of Ft. Lauderdale, Fla.
Air Cargo
Air Cargo Carriers News
Clean-trucks Fee Set to Begin
JOC Staff |
WASHINGTON -- Barring any further steps by the Federal Maritime Commission, the ports of Los Angeles
Trucking News
Gulf Winds to Open Bayport Facility
Thomas L. Gallagher |
Gulf Winds International on March 20 will open a cargo handling facility near the Port of Houston. <
Maritime
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