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Asia-Pacific Airports See Growth in Freight
Mike King, Special Correspondent |
Freight volumes at Asia-Pacific airports grew in May for the second consecutive month, latest figures from Airports Council International show.
Air Cargo Carriers News
China’s Trade Volumes Rise, But Growth Slows
Mike King, Special Correspondent |
China’s exports outperformed imports in June, but year-over-year growth slowed compared to May.
Transport, Trade and Regulation News
MSC Sets Peak-Season Surcharge in Asia-Europe Trade
JOC Online |
Mediterranean Shipping Co. will impose a peak-season surcharge on westbound trade from Asia to Europe, starting Aug. 1.
Container lines
Forwarding
May International Cargo Volumes Rose at ANA, JAL
Hisane Masaki, Special Correspondent |
Japan’s All Nippon Airways Co. said its international cargo volume grew for the fourth consecutive month in May on a year-over-year basis, rising 7.1 percent to 43,591 tons.
Air Cargo Carriers News
Quijano’s Field of Dreams Includes New Terminals
Peter T. Leach, Senior Editor |
By the time the Panama Canal Authority opens its new set of locks in 2015, the 50-mile stretch of canal may have at least two new terminals, one at each entrance, with plans for a third on the Pacific
Port News
Maritime
Forwarding
Protectionism Threatens Investment in Argentina
Alan M. Field |
When Argentine President Cristina Fernandez de Kirchner expropriated control of the country’s largest oil producer, YPF, from its Spanish parent Repsol YPF in May, the shockwaves reverberated th
Transport, Trade and Regulation News
Forwarding
US-Asia Trade in Slow-Growth Mode
Marsha Salisbury, Research Editor |
Overall growth in containerized Asian trade has been at a snail’s pace, with imports through the U.S.
Forwarding
Maritime
Container lines
Commentary: Charting the ILA’s Contract Negotiations
Joseph Bonney, Senior Editor |
The ups and downs of this year’s International Longshoremen’s Association contract negotiations resemble a stock price chart on a volatile trading day.
Maritime
Forwarding
CSA ‘Oppressive, Punitive,’ Trucker Tells Congress
William B. Cassidy, Senior Editor |
A House hearing Wednesday on the federal CSA trucking safety initiative morphed into a debate over electronic onboard recorders, the relationship between driver pay and safety and even, briefly, wheth
Transport, Trade and Regulation News
LTL
Trucking News
Truck brokers
Manufacturing Index Shows Growth Slowed in Second Quarter
Mark Szakonyi, Associate Editor |
A key manufacturing index suggests U.S.
Transport, Trade and Regulation News
German Regulators Approve Stena Freight Ferry Deal
Bruce Barnard, Special Correspondent |
German competition regulators approved the acquisition by Sweden’s Stena Line of five Baltic Sea freight routes from German rival Scandlines, accelerating the consolidation of the one of Europe&
Container lines
St. Lawrence Seaway Volume Ticks Up 1.3 Percent
Mark Szakonyi, Associate Editor |
Strong iron ore and coal shipments for the steel and construction industries were key in driving traffic on the St.
Container lines
Maritime
Forwarding
Report: Northwest Export Coal Boom Could Raise Intermodal Rates
Mark Szakonyi, Associate Editor |
Bold plans to boost coal exports to Asia through Northwest ports will likely slow intermodal and grain shipments, resulting in higher freight rates and equipment costs, according to a new study commis
Intermodal providers
Forwarding
North-American rail
DHL Express Opens North Asia Hub
Mike King, Special Correspondent |
DHL Express opened its largest hub in Asia today (July 12), the latest step in the logistics major’s massive roll-out of new capacity across Asia’s key freight markets.
Air Cargo Forwarder News
Air Cargo Carriers News
Russia’s Globaltrans Aims to Raise $450 Million in Share Sale
Bruce Barnard, Special Correspondent |
Russian private rail freight operator Globaltrans is aiming to raise around $450 million from a share sale to fund potential acquisitions in the nation’s rapidly consolidating domestic market.
North-American rail
Rail News
APL to Raise India-US Freight Rates
JOC Staff |
Singapore-based container carrier APL will seek a general rate increase on trades from India to the U.S., starting Aug. 5.
Forwarding
Maritime
Container lines
USDA Releases Container Availability Report
Bill Mongelluzzo, Associate Editor |
The U.S.
Forwarding
Strong Exports, Weak Imports Narrow US Trade Deficit
Mark Szakonyi, Associate Editor |
A 0.7 percent year-over-year decline of U.S imports in May and the second-best month ever for the exports of goods and services helped pull the U.S.
Forwarding
Charleston Dredging Project Beating Expectations
Peter T. Leach, Editor-at-Large |
The Army Corps of Engineers expects the deepening of Charleston's harbor to be completed sooner and cost less than it originally projected.
Transport, Trade and Regulation News
Port infrastructure
Rotterdam Marks Milestone in Maasvlakte 2 Terminal
Bruce Barnard, Special Correspondent |
The Port of Rotterdam today closed the final gap in a near seven-mile long seawall, reclaiming almost 5,000 acres of land from the North Sea that will house Europe’s largest new ocean container
International ports
NS Train Derails, Sparks Fiery Ethanol Blast
Mark Szakonyi, Executive Editor |
A section of a Norfolk Southern Railway train hauling ethanol on Wednesday morning derailed in Columbus, Ohio, sparking a fiery blast that forced the evacuation of about 100 people, according to repor
North-American rail
Rail News
Pacific Container Lines Plan Another Rate Hike
Bill Mongelluzzo, Associate Editor |
Having succeeded in raising their freight rates several times since Jan. 1, carriers in the eastbound Pacific will try to secure another rate increase in early August.
Container lines
Forwarding
NY-NJ Container Terminals Hit by Chassis Shortage
Peter T. Leach, Senior Editor |
The Port of New York and New Jersey is facing a shortage of chassis available for use in draying containers to and from the terminals.
Port News
Virginia Extends Deadline for Terminal Bids
Peter T. Leach, Senior Editor |
The Virginia Department of Transportation said Wednesday it is extending until Aug.
Port News
Forwarding
DHL CEO Discusses Acquisition Plans, Growth Options
Mike King, Special Correspondent |
DHL will look to smaller “bolt-on” acquisitions rather than major takeovers to speed growth in the years ahead, according to Frank Appel, CEO of Deutsche Post DHL.
Air Cargo Forwarder News
Global Semiconductor Sales in May Rose 1.4 Percent From April
Mark Szakonyi, Associate Editor |
Global semiconductor sales in May rose 1.4 percent from the prior month, giving the struggling air cargo industry, which typically ships the foundation technology, a slight boost in the arm.
Air Cargo Forwarder News
Air Cargo
Trans-Pacific Spot Rate Declines 2.9 Percent
Peter T. Leach, Senior Editor |
Average spot rates in the eastbound trans-Pacific trade lane fell 2.9 percent this week, dropping for the second week in a row since carriers put a peak-season surcharge into effect on June 10.
Forwarding
Hapag-Lloyd Sets Congestion Fee at Dammam Port
JOC Staff |
German ocean carrier Hapag-Lloyd will impose a congestion surcharge on all cargo moving to and from the Port of Dammam, Saudi Arabia.
Port News
ILWU Protests Use of Non-Union Labor in Oregon
Bill Mongelluzzo, Associate Editor |
International Longshore and Warehouse Union members this week are picketing a barge facility in southern Oregon to protest a lumber company’s use of non-ILWU labor to load and unload wood produc
Longshore labor
Oscar Abello, Former 'K' Line America CEO, Dies
Peter T. Leach, Senior Editor |
Oscar J. Abello, the former president, CEO and chairman of "K" Line America, died on Sunday, July 8, in Pembroke Pines, Fla., where he had retired.
Container lines
Retailers Optimistic Imports Will Increase This Fall
Bill Mongelluzzo, Associate Editor |
Retailers continue to plan for increased imports this fall despite discouraging news recently regarding consumer confidence, employment numbers and retail sales.
Forwarding
Maritime
RILA to ILA, USMX: Settle Contract Before Sept. 30
Peter T. Leach, Senior Editor |
The association representing the largest U.S.
Longshore labor
Lufthansa Cargo Sees Drop in Volume and Revenue
Bruce Barnard, Special Correspondent |
Germany’s Lufthansa Cargo carried 4.6 percent less freight in June than a year ago as it slashed capacity in line with weakening demand on its key Americas and Asia-Pacific routes.
Air Cargo Carriers News
Vietnam’s Cai Mep Losing Carrier Appeal, Alphaliner Says
Bruce Barnard, Special Correspondent |
Vietnam’s ambitious Cai Mep container port is losing its appeal to ocean carriers, according to Alphaliner, as lower-than-expected cargo volumes have cut the number of weekly direct line-haul se
Port News
Forwarding
Report: Japanese Container Trade Will Rise 3.2 Percent in Fiscal 2012
Hisane Masaki, Special Correspondent |
Japan's containerized cargo trade will rise 3.2 percent year-over-year in fiscal 2012, which started on April 1, to 12.865 million 20-foot equivalent units, a Tokyo-based research firm predicted in a
Forwarding
Judge Rules Against Dismissal of Savannah River Dredging Suit
Peter T. Leach, Senior Editor |
The fate of the long-planned Savannah Harbor Expansion Project remains undecided after a federal judge ruled against the dismissal of an environmentalists’ lawsuit aimed at blocking a pollution
Port News
Forwarding
Port infrastructure
Maersk Sets Rate Hikes on Asia Services
JOC Staff |
Maersk Line plans to implement a new round of general rate increases in its Asia services that would take effect Aug. 1.
Container lines
Forwarding
Diesel Prices Rise for First Time in Three Months
Mark Szakonyi, Associate Editor |
Diesel prices in the U.S. rose for the first time in three months, climbing 3.5 cents in the week ending July 9 as oil prices rose more than a $1.
Truckload
Trucking News
EGT’s Design and Efficiency Touted at Opening Ceremonies
Bill Mongelluzzo, Associate Editor |
Agricultural exports, such as grain shipments moving through the new EGT terminal in Longview, Wash., are leading the economic recovery, the chief agricultural negotiator at the Office of the U.S.
Port News
Forwarding
SC Ports Authority Plans Inland Port, Rail Terminal in Greer
Peter T. Leach, Senior Editor |
The South Carolina State Ports Authority plans to develop an inland port in Greer, S.C, together with Norfolk Southern to improve the efficiency of international container movements between the Port o
Port News
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