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Illinois Rail Project Begins $685 Million Phase
John D. Boyd |
A major rail corridor project in Illinois gets under way this weekend, as crews begin the biggest upgrade of tracks in a route owned by Union Pacific Railroad so that 110-mph Amtrak passenger trains c
Rail News
North-American rail
EU Trust Busters Raid Deutsche Bahn Offices
Bruce Barnard |
European Union trust busters raided the offices of German rail operator Deutsche Bahn in an investigation into allegations it is abusing its dominant position in the rail freight market.
Transport, Trade and Regulation News
Rail News
Antwerp On Alert on Ships From Japan
Bruce Barnard |
The port of Antwerp, Europe's second largest container hub, said it is taking "heightened precautions" over ships arriving from Japan that may have been contaminated by radioactive fallout from the
Port News
Maritime
Forwarding
Horizon Calls Bankruptcy Report 'Speculation'
Joseph Bonney |
Horizon Lines said it is trying to refinance its debt to avoid an expected default and would not comment on a Bloomberg News report quoting unnamed sources as saying the largest U.S.
Container lines
Maritime
Forwarding
CN Sheds Some Toronto Track to Commuter Agency
John D. Boyd |
Canadian National Railway sold a section of track in and around Toronto to the Ontario agency Metrolinx for about $308 million.
Rail News
North-American rail
Zim, Evergreen, CSCL Launch Asia-Europe Service
Bruce Barnard |
Evergreen, Zim Integrated Shipping Services and China Shipping Container Lines will launch a joint Asia-Europe service at the end of April, the carriers announced Thursday.
Maritime
Container lines
Forwarding
Kenworth Rolls Out 'Regional' Heavy Truck
William B. Cassidy |
Truck maker Kenworth unveiled a heavy truck this week designed for regional use, taking advantage of a shift from long-haul toward more short-haul trucking.
Trucking News
HHLA Forecasts 10 Percent Growth
Bruce Barnard |
HHLA, Hamburg's biggest stevedore, forecast 10 percent growth in container traffic this year following a 19 percent increase in 2010.
Maritime
Forwarding
Daimler Truck Raises 2011 Truck Sales Forecast
William B. Cassidy |
Daimler Trucks North America is raising its sales projections 10 to 15 percentage points for 2011 as demand for its Freightliner brand heavy trucks remains strong.
Trucking News
Conference in Yokohama to Focus on Radiation
Hisane Masaki |
Japanese government officials and shipping industry representatives will meet Friday in a bid to step up their fight against what they call "harmful rumors" about radiation.
Transport, Trade and Regulation News
Anti-Trust Probe to Cut Kintetsu Profit
Hisane Masaki |
Kintetsu World Express, Japan's second-largest international forwarder, said it will set aside $13.86 million to cover estimated costs related to an anti-trust investigation by the U.S.
Air Cargo
Radiant to Buy Distribution by Air
JOC Staff |
Radiant Logistics will purchase Distribution by Air under a $12 million transaction that will extend the consolidation among mid-sized U.S.-based freight forwarders.
Air Cargo
LA-Long Beach Ports Plan Expansion
Bill Mongelluzzo |
Having weathered seven years of environmental challenges and the worst economic downturn in the history of containerization, the ports of Long Beach and Los Angeles are ready to grow.
Port News
Maritime
Forwarding
North American ports
Four Carriers to Start Trans-Pacific Loop
Peter T. Leach |
Four Asian carriers are teaming up in a joint service from North Asia to Long Beach in early April.
Container lines
Maritime
Forwarding
Horizon Aims to Restructure, Not Sell Liner Assets
Joseph Bonney |
Horizon Lines has no plans to sell any of its container liner services as it seeks to restructure its finances to avoid an expected default on its debt this year, the company's chief executive said.
Container lines
Maritime
Forwarding
Hamburg Sud, Alianca to Drop Chassis in Baltimore
Peter T. Leach |
Hamburg Sud North America and Hamburg Sud subsidiary Alianca plan to stop providing chassis to shippers moving cargo with merchant's haulage through Baltimore-area terminals and depots as of May 1.
Maritime
Container lines
Forwarding
Obama Directs Purchase of Alternative Fuel Vehicles
John D. Boyd |
A new vehicle procurement directive by President Obama could start changing the makeup of the nation’s automobile and truck fleet in the second half of this decade.
Transport, Trade and Regulation News
Chairman Powell to Retire from USA Truck
William B. Cassidy |
USA Truck Chairman Robert M. Powell will retire May 4 after decades of service with the Van Buren, Ark.-based truckload carrier. The company's board of directors chose Timothy A.
Trucking News
Zim Swings to $54 Million Profit
Bruce Barnard |
Zim Integrated Shipping Services rebounded to a $54 million net profit in 2010 from a $432 million loss a year ago driven by increased cargo volume and higher freight rates.
Container lines
Maritime
Forwarding
Truckload Capacity Eases, Index Shows
William B. Cassidy |
The Longbow Research Truckload Barometer dropped less than 1 percent this week, indicating the contraction of truckload capacity is slowing.
Truckload
Trucking News
Former Customs Commissioners Join New COAC Team
R.G. Edmonson |
Two former Customs commissioners are among the 20 members of the new Advisory Committee on Commercial Operations of Customs and Border Protection.
Transport, Trade and Regulation News
ATA Urges Separation of Highway, Transit Funding
William B. Cassidy |
The American Trucking Associations is calling for "fundamental reform" of the federal surface transportation program to "maximize resources" for highways.
Trucking News
Freight Interests Testify on Transportation Bill
R.G. Edmonson |
Advocates for improved goods movement on Tuesday called for a national freight policy, improved connectors to ports, and a dedicated office within the Department of Transportation.
Transport, Trade and Regulation News
Forwarding
UK Probes Fake Bomb on UPS Flight
Bruce Barnard |
The UK launched an investigation into how a fake bomb, disguised as a wedding cake box, was transported undetected on a UPS aircraft to Turkey earlier this month.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
UK Competition Commission Orders Stansted Sale
Bruce Barnard |
The UK Competition Commission ordered BAA, owner of London Heathrow and five other UK airports, to sell Stansted, the UK's second largest air cargo hub.
Air Cargo
Crowley Names Fox to Head Corporate Service
Peter T. Leach |
Crowley Maritime appointed Carl Fox as senior vice president of corporate services as of June 1.
Maritime
Container lines
Forwarding
CMA CGM Columba Opens Vietnam Terminal
Peter T. Leach |
The CMA CGM Columba became the largest container vessel to call at a Vietnamese port when it participated in the inauguration of the new Cai Mep International Terminal.
Container lines
Maritime
Forwarding
Hanjin, Yang Ming Add Pacific Northwest Loop
Peter T. Leach |
Hanjin Shipping and Yang Ming are adding a new joint weekly service to their networks between Asia and the Pacific Northwest, starting April 22.
Container lines
Maritime
Forwarding
Commerce Secretary Promotes Export Initiative
Bill Mongelluzzo |
Commerce Secretary Gary Locke called upon small and mid-size companies to increase their profits and hasten the U.S. economic recovery by becoming more engaged in exports.
Transport, Trade and Regulation News
Forwarding
Consumer Confidence Index Dips
Joseph Bonney |
Concern about inflation and income caused a closely watched barometer of consumer sentiment to fall from its th
Transport, Trade and Regulation News
NAFTA Trade Rose 19.5 Percent in January
Joseph Bonney |
The value of trade moved by surface transportation between the U.S.
Transport, Trade and Regulation News
Schneider National Cuts Cargo Theft 12.5 Percent
William B. Cassidy |
Cargo theft declined 12.5 percent last year at truckload and intermodal giant Schneider National, running counter to national trends, the company said.
Trucking News
Town of Dover Votes to Buy Port
Bruce Barnard |
The residents of Dover overwhelmingly voted in favor of a proposal for the local community to buy and operate Europe's biggest roll-on, roll-off freight port.
Port News
Maritime
WWL Cuts CO2 Emissions 21 Percent
Peter T. Leach |
Wallenius Wilhelmsen Logistics said Tuesday it reduced its carbon dioxide emissions 21 percent last year, compared to 2009.
Maritime
Forwarding
COAC to Eye Role of Brokers April 12
R.G. Edmonson |
The role of the customs broker in the supply chain is high on the agenda when COAC members meet on April 12.
Transport, Trade and Regulation News
Forwarding
Heavier Truck Freight Shifting to LTL
William B. Cassidy |
Less-than-truckload carriers say they increasingly are handling heavier freight typically moved by truckload carriers as capacity in that sector tightens.
Trucking News
LTL
Trucking labor
China Turns Away MOL Ship for Radiation
Hisane Masaki |
Chinese authorities rejected a container ship operated by MOL, Japan's second-largest shipping line, saying they had detected high levels of radiation.
Maritime
Container lines
Forwarding
Global Air Cargo Growth Slows to 2.3 Percent
Bruce Barnard |
The political turmoil in the Middle East and North Africa curbed global air cargo growth to 2.3 percent in February from a year ago, the International Air Transport Association said.
Air Cargo
Congestion Closes India’s Nhava Sheva Export Gate
JOC Staff |
Because of congestion, terminal management closed the export gate at Nhava Sheva International Container Terminal in India’s Port of Jawaharlal Nehru.
Maritime
Forwarding
Horizon Lines Expects to Default on Bonds
Joseph Bonney |
Horizon Lines said it expects to default on its loans as the result of a $45 million fine for price-fixing in the Puerto Rico trade and could be forced into bankruptcy if a deal can’t be worked out wi
Container lines
Maritime
Forwarding
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