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Breakbulk Quarterly Intelligence
Platts Containers Update
Maersk ups Euro-Asia rates
The JOURNAL of COMMERCE ONLINE |
Maersk Line announced general freight rate increases on containers shipped from Europe to Asia, sayi
Maritime
Weaker Boxes Sink Matson
Bill DiBenedetto |
Matson Navigation Co. reported fourth-quarter operating profit declined 30 percent to $21.1 million,
Maritime
Galveston Revenue Falls
JOC Staff |
The Port of Galveston reported revenue fell 2.4 percent to $20.8 million in 2008 from a record $21.3
Maritime
Senator Lines to Shut Down
Bruce Barnard |
Senator Lines of Germany today announced it will wind down its liner services with immediate effect
Maritime
Service Industry Gauge Improves
John D. Boyd |
Supply chain executives from the service sector think their industry contraction lost some of its pu
Transport, Trade and Regulation News
NYK resuming NY flights
The JOURNAL of COMMERCE ONLINE |
Nippon Cargo Airlines, a subsidiary of Japan's NYK Line, announced plans to resume suspended flights
Air Cargo
Maersk Hikes Euro-Asia Rates
JOC Staff |
Maersk Line announced general freight rate increases on containers shipped from Europe to Asia, sayi
Maritime
Express-1 Acquires First Class Expediting
Thomas L. Gallagher |
Express-1 purchased the assets of First Class Expediting Services, of Rochester Hills, Mich.
Air Cargo
Maersk adds Wilmington call
The JOURNAL of COMMERCE ONLINE |
Maersk Line announced that it will begin weekly vessel calls next month at the Port of Wilmington, N
Maritime
Fraport sells Germany's Hahn airport for...$1.30
The JOURNAL of COMMERCE ONLINE |
Fraport AG has sold Frankfurt-Hahn, one of Germany
Air Cargo
Idle Fleet Hits 800K TEUs
Bruce Barnard |
Idled ocean container capacity has reached a record 800,000 TEUs with 303 ships at anchor as carrier
Maritime
APHIS extends phase-in for Lacey Act enforcement
The JOURNAL of COMMERCE ONLINE |
WASHINGTON -- The Animal and Plant Health Inspection Service has extended the phased-in enforcement
Transport, Trade and Regulation News
Arcade pulls box ship deal
barnard |
Arcade Acquisition Corp. has pulled a deal to buy 10 feeder container ships from Greek owners, citin
Maritime
Airlines Applaud Biofuel Research
Thomas L. Gallagher |
The U.S. Departments of Energy and Agriculture on Feb. 2 announced they will jointly release up to $
Transport, Trade and Regulation News
Galveston revenue off
The JOURNAL of COMMERCE ONLINE |
The Port of Galveston reported revenue fell 2.4 percent to $20.8 million in 2008 from a record $21.3
Maritime
Covenant Loses $40M
John D. Boyd |
Covenant Transportation Group lost $40 million in the fourth quarter as a result of the weak economy
Trucking News
Watco Moves on Grand Elk RR
John D. Boyd |
Short line operator Watco got an early start on its Grand Elk Railroad project in Michigan, after th
Rail News
ANA Cargo Revenue Jumps
Hisane Masaki |
All Nippon Airways Co.'s group revenue from its international cargo operations increased 9.8 percent
Air Cargo
Cummins Profit Tumbles
Thomas L. Gallagher |
A sharp drop in demand in the fourth quarter slashed revenue and net income for truck engine maker C
Trucking News
VPA Expands Green Trucks Program
Thomas L. Gallagher |
Virginia Port Authority will expand its clean trucks program in 2009 and 2010 with the help of funds
Maritime
KCS Profit Falls
John D. Boyd |
Kansas City Southern, smallest of the top-tier group of North American railroad firms, saw its fourt
Rail News
Alpine Tumbles to Loss
Thomas L. Gallagher |
High fuel costs erased earnings for cargo airline Alpine Air Express in its fourth fiscal quarter, w
Air Cargo
TUI mulling post-sale loan to Hapag-Lloyd buyers
Bruce Barnard / The JOURNAL of COMMERCE ONLINE |
On Tuesday TUI AG confirmed it is mulling making a loan to Hapag-Lloyd after it has sold the ocean c
Maritime
TUI Mulls Hapag-Lloyd Loan
Bruce Barnard |
On Tuesday TUI AG confirmed it is mulling making a loan to Hapag-Lloyd after it has sold the ocean c
Maritime
Saddle Creek Opens Calif. DC
Thomas L. Gallagher |
Saddle Creek Corporation is expanding along with its customer in the opening of a 269,000-square-foo
Transport, Trade and Regulation News
Former P&O executive hired as Vancouver port boss
The JOURNAL of COMMERCE ONLINE |
Port Metro Vancouver, British Columbia, has appointed Robin Silvester as president and chief ex
Maritime
"K
The JOURNAL of COMMERCE ONLINE |
Japanese carrier
Maritime
Republicans Reject $25B for Infrastructure
Thomas L. Gallagher |
Sen. Patty Murray, D-Wash., put in a bid to add $25 billion in infrastructure spending to the Obama
Transport, Trade and Regulation News
SAS to Quit Freighter Service
Bruce Barnard |
SAS, Scandinavia's biggest airline, is set to cease freighter services and shrink other cargo operat
Air Cargo
Idle fleet hits 800K TEUs
Bruce Barnard / The JOURNAL of COMMERCE ONLINE |
Idled ocean container capacity has reached a record 800,000 TEUs with 303 ships at anchor as carrier
Maritime
ANA cargo revenue up
The JOURNAL of COMMERCE ONLINE |
All Nippon Airways Co.'s group revenue from its international cargo operations increased 9.8 percent
Air Cargo
Volvo Lays Off 650
Thomas L. Gallagher |
Volvo Trucks North America will lay off 650 hourly workers at its truck assembly plant in Dublin, Va
Trucking News
Virginia port expands aid program for truck purchases
The JOURNAL of COMMERCE ONLINE |
The Virginia Port Authority is expanding a pilot program that provides financial assistance to motor
Maritime
Lines drop Black Sea loops
The JOURNAL of COMMERCE ONLINE |
The Grand Alliance and the New World Alliance are suspending their joint Black Sea service, in respo
Maritime
UPS: Difficult year ahead
The JOURNAL of COMMERCE ONLINE |
Despite slumping revenue and volume, UPS posted a profit in the fourth quarter, but the world's larg
Transport, Trade and Regulation News
SAS drops freighter service
The JOURNAL of COMMERCE ONLINE |
Scandinavia
Air Cargo
ODFL Opens Ga. Center
Thomas L. Gallagher |
Old Dominion Freight Line opened a service center in Columbus, Ga.The 21-door facility on a
Trucking News
Buffett Ups Stake in BNSF
John D. Boyd |
Warren Buffett now controls more than 22.6 percent of BNSF, parent of the largest railroad on the co
Rail News
Profitable UPS Sees Grim Outlook
JOC Staff |
UPS reported a $254 million net profit in despite a troubled fourth quarter, but the world's largest
Air Cargo
CP Aims for Lower Investment
JOC Staff |
Copyright 2009, Traffic World, Inc.Canadian Pacific Railway, second-largest carrier in Canad
Rail News
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