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Platts Containers Update
ABF Accepts Teamsters Standards
Thomas L. Gallagher |
ABF Freight System agreed to be bound by the proposed 2008-2013 Teamsters National Freight Industry
Trucking News
Jacksonville, Florida-Based Supply Chain Company Starts Its Second Century by Announcing a New Name and New Management Team
JOC Staff |
JACKSONVILLE, Florida--PenserSC is the new name for Peninsular Warehouse Company--an established, re
EU trustbusters raid ship classification societies
Bruce Barnard / The JOURNAL of COMMERCE ONLINE |
LONDON -- European Union trustbusters have raided the offices of five European ship classification s
Maritime
A.P. Moller-Maersk takes stake in Hoegh Autoliners
Peter T. Leach / The JOURNAL of COMMERCE ONLINE |
A.P. Moller-Maersk, parent of Maersk Line, has acquired a 37.5-percent stake in Norwegian vehic
Maritime
NYK Nearly Doubles Profit
Hisane Masaki |
TOKYO -- Japan's NYK Line reported on Tuesday that group profits for the April-December, 2007, perio
Maritime
Saia Profits Sink
Thomas L. Gallagher |
Profits at multi-regional less-than-truckload carrier Saia sank 62 percent in the fourth quarter as
Trucking News
GDP Inches Up
Thomas L. Gallagher |
Real gross domestic product increased at an annual rate of 0.6 percent in the fourth quarter of 2007
Transport, Trade and Regulation News
Nova Scotia container terminal completes financing
The JOURNAL of COMMERCE ONLINE |
Melford International Terminal Inc. on Wednesday announced that it has completed the sale of convert
Maritime
Panama Canal Tonnage Slips
Thomas L. Gallagher |
Fewer transits at the Panama Canal cut net tonnage in the three months from October through December
Maritime
C.R. England Adopts McLeod's HirePower
JOC Staff |
New imaging module from McLeod Software is saving time and improving the efficiency of the driver re
Report criticizes response in Cosco Busan incident
Bill DiBenedetto / The JOURNAL of COMMERCE ONLINE |
An independent review panel found flaws in preparedness and response, especially in the initial esti
Maritime
UPS Loses $2.6B in 4Q
Thomas L. Gallagher |
UPS lost $2.6 billion in the fourth quarter as costs from their landmark agreement with the Teamster
Air Cargo
Charleston boxes decline
The JOURNAL of COMMERCE ONLINE |
The Port of Charleston announced Wednesday that container volume fell 11 percent in 2007, while
Maritime
Summit Global Logistics going private in buyout
The JOURNAL of COMMERCE ONLINE |
Third-party logistics provider, Summit Global Logistics Inc., on Wednesday announced a financial res
Transport, Trade and Regulation News
Marten Earnings Suffer in 4Q
Thomas L. Gallagher |
For the fourth quarter, net income was $3.0 million, or 14 cents per diluted share, compared with $5
Trucking News
Corallo named president of PIERS Global Intelligence Solutions
The JOURNAL of COMMERCE ONLINE |
Commonwealth Business Media announced Wednesday the promotion of Lenny Corallo to the position of pr
Transport, Trade and Regulation News
AMTAC links currency reform to economic stimulation
The JOURNAL of COMMERCE ONLINE |
The American Manufacturing Trade Action Coalition said Wednesday that strong legislation against for
Transport, Trade and Regulation News
Maryland funds Baltimore port highway upgrade
The JOURNAL of COMMERCE ONLINE |
Maryland Gov. Martin O'Malley on Tuesday announced $11 million in state funds to help upgrade Broeni
Maritime
Con-way Earnings Tumble
Thomas L. Gallagher |
Con-way earned $36 million on revenue of $1.2 billion in the fourth quarter. The net result
Trucking News
February TWIC enrollment sites are announced
The JOURNAL of COMMERCE ONLINE |
The Transportation Security Administration has announced the February openings of 10 new enrollment
Maritime
Teamsters Win One, Lose One
Thomas L. Gallagher |
As the Teamsters made progress on one front this week, they took a step back on another. A m
Trucking News
Tax Benefits Push CP
Thomas L. Gallagher |
Canadian Pacific saw significant growth in net income in the fourth quarter and full year of 2007 ch
Rail News
TCI net plummets
The JOURNAL of COMMERCE ONLINE |
Transport Corp. of India, the country's leading integrated supply chain and logistics services provi
Transport, Trade and Regulation News
Jaxport threatens eminent domain over Hanjin site
The JOURNAL of COMMERCE ONLINE |
The Jacksonville Port Authority on Monday authorized use of eminent domain to purchase a 167-acre si
Maritime
BNSF Earnings Slip
Thomas L. Gallagher |
Strong yields and an increase in fuel surcharges brought in a 9 percent increase in revenue in the f
Rail News
$735M loss for YRC
The JOURNAL of COMMERCE ONLINE |
Trucking and logistics provider YRC Worldwide posted a loss of $735.7 million in the fourth quarter
Transport, Trade and Regulation News
Simpson, ex-Crowley VP, dies
The JOURNAL of COMMERCE ONLINE |
Richard A. "Dick" Simpson, 71, a longtime transportation executive and former vice president of Crow
Maritime
Fuel hurts BNSF profit
The JOURNAL of COMMERCE ONLINE |
Burlington Northern Santa Fe Corp. on Tuesday reported fourth-quarter operating income increased to
Transport, Trade and Regulation News
PSA, IPH buy control of Argentina terminal
The JOURNAL of COMMERCE ONLINE |
Singapore's PSA International, in partnership with London-based International Port Holdings, has acq
Maritime
NIX route adds Emirates
The JOURNAL of COMMERCE ONLINE |
Emirates Shipping Line announced its participation in the North China India Express (NIX) service, o
Maritime
Oberstar Urges More Stimulus
Ari Natter |
House and Senate leaders may not have included transportation infrastructure investment in an econom
Transport, Trade and Regulation News
AMB Profit Climbs
Thomas L. Gallagher |
AMB Property earned net profit of $97 million in the fourth quarter, up 11 percent from the fourth q
Transport, Trade and Regulation News
Fiat's Iveco Honors Ryder for International Transportation Management
JOC Staff |
MIAMI, January 28, 2008 - Ryder System, Inc. (NYSE: R), a global leader in supply chain, warehousing
G7 goods trade grows
The JOURNAL of COMMERCE ONLINE |
Merchandise trade in the Group of Seven countries grew a seasonally-adjusted 2.6 percent for exports
Transport, Trade and Regulation News
OOCL adds Cambodia office
The JOURNAL of COMMERCE ONLINE |
Orient Overseas Container Line will open a new office in Phnom Penh, Cambodia, Feb. 1.The ca
Maritime
NYK nearly doubles profit
Hisane Masaki / The JOURNAL of COMMERCE ONLINE |
TOKYO -- Japan's NYK Line reported on Tuesday that group profits for the April-December, 2007, perio
Maritime
Northwest Narrows Losses
JOC Staff |
For the fourth quarter, Northwest Airlines reported a loss off $8 million, compared to a $267 millio
Air Cargo
Small manufacturers ask Congress for trade boost
The JOURNAL of COMMERCE ONLINE |
Small and midsize manufacturing companies on Tuesday asked Congress to ensure that any legislation t
Transport, Trade and Regulation News
Taxes, intermodal bolster Canadian Pacific earnings
The JOURNAL of COMMERCE ONLINE |
Canadian Pacific Railway said fourth-quarter net income totaled C$342 million from C$146 million a y
Transport, Trade and Regulation News
New Orders Surge in December
Thomas L. Gallagher |
New orders for manufactured durable goods surged 5.2 percent in December, but inventories and unfill
Transport, Trade and Regulation News
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