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Some Port Truckers May Face Subsidy Bill
Bill Mongelluzzo |
Six motor carriers that received subsidies from the Port of Los Angeles for the purchase of clean trucks may have to return some of the money because they did not comply with the requirements of the p
Port News
Forwarding
UPS Adds Capacity on Latin America Routes
William B. Cassidy |
UPS boosted its cargo capacity 50 percent on flights to Central and South America last week, saying it is responding to solid growth in Latin American demand.
Air Cargo
Air Cargo Carriers News
Con-way Truckload Seeks Southwestern Drivers
William B. Cassidy |
Con-way Truckload, looking to hire more truck drivers in the Western U.S., reopened a driver orientation site in Phoenix that closed during the recession.
Trucking News
Trucker ODFL Expands Drayage Operations
By William B. Cassidy |
Old Dominion Freight Line, a less-than-truckload carrier, is driving deeper into drayage, opening a container drayage facility in Mobile, Ala.
Trucking News
LTL
Freight Index Shows Economy Stalled
JOC Staff |
A key measure of freight shipping in the United States slipped back 0.2 percent in May from the month before, a new sign that the economy is losing momentum heading into the summer.
Transport, Trade and Regulation News
Ocean Carriers Set India Rate Hikes
JOC Staff |
Major ocean carriers operating to and from India plan to raise rates on key trade lanes, starting in early July.
Maritime
Container lines
Forwarding
CSX, NS Break Ground on Intermodal Projects
John D. Boyd |
Eastern U.S. railroads CSX Transportation and Norfolk Southern Railway each planned to hold groundbreaking ceremonies Monday on separate intermodal hub construction projects.
Intermodal providers
Rail News
North-American rail
Shippers Expect 9 Percent Boost in Transport Spending
William B. Cassidy |
Shippers are bracing for higher transportation costs, even as the economy slows, according to a second-quarter survey of more than 2,000 logistics managers.
Trucking News
Rail News
LTL
Russia's Global Ports Plans London IPO
Bruce Barnard |
Global Ports, Russia’s largest container terminal operator, plans to raise about $100 million for an initial public offering on the London Stock Exchange.
Port News
Container lines
Forwarding
UTU Claims Record Pay Hike in US Rail Contract
John D. Boyd |
A tentative contract between the United Transportation Union and major U.S.
North-American rail
Rail News
Airlines Cut Profit Outlook on Higher Costs
Bruce Barnard |
The International Air Transport Association scaled back its 2011 industry profit forecast by more than half on Monday, to $4 billion from an estimated $8.4 billion the industry group had projected jus
Air Cargo Forwarder News
Air Cargo Carriers News
Deutsche Post DHL Buys LTL Trucker
William B. Cassidy |
German logistics giant Deutsche Post DHL purchased Standard Forwarding, a five-state less-than-truckload motor carrier in East Moline, Ill.
LTL
Trucking News
Air Cargo Forwarder News
Calif. State Assembly Tables Trucker Classification Bill
Bill Mongelluzzo |
The State Assembly will most likely not address a bill that would classify drayage truck drivers at California ports and intermodal rail yards as employees, although it could be taken up next year.
Transport, Trade and Regulation News
Trucking News
Rail News
DOT's Stimulus Spending Hits $28.4 Billion
John D. Boyd |
The Department of Transportation’s payouts to states for work done under the 2009 economic stimulus law went above $28.4 billion as of May 20, the government reported, a
Transport, Trade and Regulation News
Transportation Job Growth Flat in May
Joseph Bonney |
Freight transportation employment was virtually flat last month while a closely watched survey of non-manufacturing activity showed a sharp drop in import growth.
Air Cargo Carriers News
Maritime
Trucking News
Rail News
Air Cargo
Trucking labor
EPA, UP Settle Dispute for $25 Million
John D. Boyd |
Union Pacific Railroad will pay $25 million to settle a longstanding dispute with the Environmental Protection Agency over lead cleanup costs for a Superfund site in Omaha, Neb.
Rail News
Transport, Trade and Regulation News
North-American rail
Local Teamsters Leaders to Review Car-Haul Pact
William B. Cassidy |
Leaders from Teamsters union locals around the country will review a tentative national car-haul agreement when they meet in Nashville June 13.
Trucking labor
Trucking News
Truckload Capacity Index Up 14 Percent
William B. Cassidy |
Truckload capacity appears to be tightening again, after loosening in April, according to a key measure of industry equipment supply and demand.
Truckload
Trucking News
LTL
AAR Names Knight Chief Lobbyist
John D. Boyd |
The Association of American Railroads will have a new person serving as its top lobbyist, as Laurie Knight will take the post of senior vice president of government affairs starting July 25, and repla
Rail News
North-American rail
FMC Reopens for Business After Power Outage
R.G. Edmonson |
The Federal Maritime Commission is back in business and reopened today after being closed all week because of
Transport, Trade and Regulation News
Japanese Ship Orders Up 9.4 Percent in April
Hisane Masaki |
Japanese export ship orders rose for the 17th consecutive month in April year-over-year, increasing 9.4 percent to 912,142 gross tons, according to figures released by the Japan Ship Exporters’
Forwarding
Maritime
Container lines
Rotating Canadian Postal Strike Begins
Courtney Tower |
The first of 48,000 Canadian postal workers launched a series of rotating city-area strikes in Winnipeg, Manitoba, Friday while their union and Canada Post planned last-ditch meetings for later in the
Air Cargo Forwarder News
Air Cargo
Sammy Ofer, Co-Owner of Israeli Ocean Carrier, Dead at 89
Bruce Barnard |
Sammy Ofer, the billionaire Israeli shipping magnate and co-owner of ocean container carrier Zim, died today in Tel Aviv after a long illness. He was 89.
Container lines
Maritime
Forwarding
Pier 1, Sharp Tumble in Importer Rankings
Dana L. Brundage |
Sharp Electronics and Pier 1 fell back sharply in The Journal of Commerce rankings of the Top 100 Importers for 2010 in a sign of the ongoing impact of the retail industry’s inventory retrenchme
Container lines
Forwarding
Sappio Departing APL, Schollaert Named Replacement
JOC Staff |
Bob Sappio, a veteran of 29 years at APL, will leave the company as the container shipping line extends a restructuring of its top management.
Container lines
Forwarding
YRC Worldwide Resumes Pension Contributions
William B. Cassidy |
YRC Worldwide is once again contributing to Teamsters pensions, but at much lower level than it did before suspending those contributions in July 2009.
LTL
Trucking labor
Port of LA Adopts $976.6 Million Budget
Bill Mongelluzzo |
The Port of Los Angeles adopted a fiscal 2011-12 budget totaling $976.6 million, which projects operating revenues of $405.4 million and a capital budget of $291 million.
Port News
Forwarding
Military Shipper Soars in Top Exporter Rankings
Dana L. Brundage |
The U.S.
Container lines
Profit Jumps at Transport Corporation of India
JOC Staff |
Transport Corporation of India, the Asian country’s largest integrated supply chain and logistics service provider, on Thursday posted net profit of $11.4 million for fiscal 2010-11, a 20 percen
Transport, Trade and Regulation News
FMC Remains Closed After Power Outage
R.G. Edmonson |
The Federal Maritime Commission announced that its offices remain closed on Thursday while the local electric utility attempts to restore power to the building that houses its offices.
Transport, Trade and Regulation News
Michigan Governor Pushes New Detroit-Windsor Bridge
John D. Boyd |
Michigan Gov.
Transport, Trade and Regulation News
Trucking News
Malta Confirms Maersk Move
Bruce Barnard |
Maersk Line will operate scheduled services to the Mediterranean island port of Marsaxlokk, Malta Freeport Terminal confirmed.
Maritime
Container lines
Forwarding
Shippers Seek Lower Rates From Slow-Steaming
Joseph Bonney |
Shippers are adjusting to slow-steaming by ocean carriers but want carriers to use some of the savings to reduce freight rates and improve customer service, according to a survey of 290 logistics exec
Maritime
Forwarding
MSC Boosts Trans-Atlantic Rates to Canada, Mexico
Peter T. Leach |
Mediterranean Shipping Co. will raise general rates on cargo shipped from northern European and Mediterranean ports to Canada and Mexico, effective July 1.
Maritime
Container lines
Forwarding
NOL Completes $1.1 Billion in Ship Financing
Peter T. Leach |
Neptune Orient Lines said Thursday it completed $1.1 billion in loan agreements and documentation with financial institutions providing financing for the 12 container ships the carrier ordered last ye
Container lines
Maritime
Forwarding
Global Air Cargo Increases 5.4 Percent in April
Bruce Barnard |
International air cargo traffic grew 5.4 percent in April but the gain lagged behind rapidly expanding capacity and behind growth in world trade, according to the International Air Transport Associati
Air Cargo Forwarder News
Air Cargo Carriers News
Con-way Sends $200,000 to Aid Joplin Tornado Relief
William B. Cassidy |
Transportation and logistics giant Con-way will send $200,000 to help tornado survivors rebuild in Joplin, Mo., the home of its Con-way Truckload division.
Truckload
Trucking News
LTL
UTi Worldwide Profit Falls on Higher Costs
JOC Staff |
UTi Worldwide reported a 13.2 percent decline in net profit to $8.7 million in its fiscal first quarter ending April 30 as costs from restructuring global operations offset a 14 percent gain in revenu
Logistics Technology News
Horizon Strikes Deal to Refinance Debt
Joseph Bonney |
Horizon Lines, struggling in recent weeks to stave off a debt default, said Wednesday it has new agreements with bondholders to refinance the company's entire capital structure.
Container lines
Maritime
Forwarding
Oakland Port Secures $18 Million in Dredge Funds
Bill Mongelluzzo |
The Port of Oakland secured $18 million in federal funding for operations and maintenance dredging for its 50-foot channel.
Port News
Maritime
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