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Breakbulk Quarterly Intelligence
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NS Profit Jumps 15 Percent
John D. Boyd |
Norfolk Southern Railway posted a 15 percent rise in net income to a record $453 million for the Apr
Rail News
UP to Pay $102M for Forest Fire
Ari Natter |
Rail carrier Union Pacific will pay a record $102 million to settle a lawsuit brought by the U.S. go
Rail News
Funds Threaten New CSX Action
John D. Boyd |
The heads of the two hedge funds that successfully fought to elect minority directors to the CSX boa
Rail News
Hurricane Closes Houston Ship Channel
JOC Staff |
Rough weather from Hurricane Dolly forced the closure of the Houston Ship Channel at 4:42 a.m. local
Maritime
Evergreen in Baltimore pact
The JOURNAL of COMMERCE ONLINE |
The Port of Baltimore today signed a new 10-year agreement with Taiwan-based Evergreen Marine Corp.<
Maritime
NY-NJ Port Authority protests planned cuts for TWIC pilot
Peter T. Leach / The JOURNAL of COMMERCE ONLINE |
The Port Authority of New York and New Jersey is protesting plans by the Transportation Security Adm
Maritime
House Passes Air Safety Bill
Ari Natter |
A safety bill that makes sweeping changes to the Federal Aviation Administration's approach on safet
Transport, Trade and Regulation News
Ryder Profits Drop in 2Q
John Gallagher |
Ryder Systems' net earnings fell 3 percent on flat revenue in the second quarter as financial report
Trucking News
Cosco Busan operator charged with obstruction
The JOURNAL of COMMERCE ONLINE |
Fleet Management of Hong Kong has been charged with obstructing justice in the 2007 allision of the
Maritime
TWIC reader tests to begin
The JOURNAL of COMMERCE ONLINE |
The Transportation Security Administration expects to have a limited pilot program under way by the
Maritime
ABF Profit Falls 17 Percent
Thomas L. Gallagher |
Profits at Arkansas Best fell in the second quarter as fuel and worker compensation costs increased
Trucking News
Marten Earnings Drop 20 Percent
Thomas L. Gallagher |
Marten Transport boosted revenue slightly but profits dwindled by 20 percent as the company struggle
Trucking News
Vitran Profits Slip
John Gallagher |
Canadian LTL Vitran saw profits sink 17 percent despite generating record quarterly revenue in the s
Trucking News
Manhattan Associates Gains 1 Percent
Thomas L. Gallagher |
Supply chain software provider Manhattan Associates added 1 percent to revenue in the second quarter
Transport, Trade and Regulation News
CN profit declines
Courtney Tower / The JOURNAL of COMMERCE ONLINE |
Canadian National Railway reported profit declined in the second quarter as higher revenues were swa
Transport, Trade and Regulation News
Forward Air Net Up 5.5 Percent
JOC Staff |
Forward Air, gaining business as expedited shipping moved from air to ground, reported a $12.1 milli
Air Cargo
PACCAR Earnings Rise Outside U.S.
Thomas L. Gallagher |
Soft North American truck markets held earnings to a modest gain for heavy truck manufacturer PACCAR
Trucking News
Record Norfolk Southern net
The JOURNAL of COMMERCE ONLINE |
Norfolk Southern Corp. late Tuesday reported second-quarter net income increased to a record $453 mi
Transport, Trade and Regulation News
FRA Awards $1 Million
JOC Staff |
The Federal Railroad Administration will give a grant of more than $1 million to the Operation Lifes
Transport, Trade and Regulation News
CP Earnings Slump 40 Percent
Thomas L. Gallagher |
Canadian Pacific Railway Limited struggled through a difficult quarter to earn $155 million on reven
Rail News
New head of investor relations for Horizon Lines
The JOURNAL of COMMERCE ONLINE |
Horizon Lines has named James R. Storey as director of investor relations and corporate communicatio
Maritime
New vessel expands Caytrans breakbulk service
The JOURNAL of COMMERCE ONLINE |
Project carrier Caytrans BBC LLC said it recently added a fifth vessel to its project and heavy-lift
Maritime
Portland upgrades security
The JOURNAL of COMMERCE ONLINE |
The Port of Portland has completed a two-year, $4.5-million project to enhance security.Impr
Maritime
Shipment Index Falls 11 Percent
JOC Staff |
A key national freight index showed shipments in the United States fell 11 percent in June compared
Transport, Trade and Regulation News
UAL Loses $2.7B
Thomas L. Gallagher |
UAL, the parent of United Airlines, lost $2.7 billion in the second quarter, mainly through non-cash
Air Cargo
Storm to hit Brownsville port
Janet Nodar |
Tropical Storm Dolly grew to a full-blown hurricane late Tuesday and is expected to make landfall ea
Maritime
ProLogis Leases in Atlanta
Thomas L. Gallagher |
ProLogis leased 540,000 square feet in Atlanta, Ga., to JVC America. The manufacturer will use the e
Transport, Trade and Regulation News
UPS profit slides 21%
The JOURNAL of COMMERCE ONLINE |
Express carrier UPS saw its net profit fall 21 percent in the second quarter as a faltering American
Transport, Trade and Regulation News
Wabtec Boosts Earnings, Outlook
Thomas L. Gallagher |
Wabtec boosted earnings in the second quarter and raised its outlook for the rest of the year. <
Rail News
Caterpillar Rides Energy Wave
Thomas L. Gallagher |
Strong growth outside North America drove Caterpillar revenue to a record high and profits surged on
Transport, Trade and Regulation News
Insurers bid for Panama Canal advisory services
The JOURNAL of COMMERCE ONLINE |
The Panama Canal Authority announced that it has received five bids to provide consulting services f
Maritime
ILWU talks progress, but frustrations remain
Stephanie Nall |
Negotiations are continuing between the International Longshore and Warehouse Union and the Pacific
Maritime
CP Rail earnings plummet
The JOURNAL of COMMERCE ONLINE |
Canadian Pacific Railway said second-quarter profits fell 40 percent to C$155 million (US$155 millio
Transport, Trade and Regulation News
NOL bids for Hapag-Lloyd
The JOURNAL of COMMERCE ONLINE |
On Tuesday a TUI spokesman rejected as 'pure speculation' a newspaper report that its Hapag-Lloyd co
Maritime
US offers farm support cuts
The JOURNAL of COMMERCE ONLINE |
United States Trade Representative Susan Schwab said Tuesday that Washington is ready to make a revi
Transport, Trade and Regulation News
New project liner service connects Asia, WCSA
The JOURNAL of COMMERCE ONLINE |
Asia Project Chartering Pte. Ltd., announced that it will offer a new liner service connecting Asia
Maritime
NOL Bids for Hapag-Lloyd
JOC Staff |
On Tuesday a TUI spokesman rejected as 'pure speculation' a newspaper report that its Hapag-Lloyd co
Maritime
UPS Profit Falls 21 Percent
JOC Staff |
UPS saw its net profit fall 21 percent in the second quarter as a faltering American economy and ris
Air Cargo
Evergreen, Port of Baltimore in 10-year agreement
The JOURNAL of COMMERCE ONLINE |
The Port of Baltimore announced that it expects to sign a new 10-year agreement with Evergreen Marin
Maritime
OOCL joins Indamex lines
The JOURNAL of COMMERCE ONLINE |
Orient Overseas Container Line announced its participation in the India-America-Express (Indamex) se
Maritime
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