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Who’s Leading, Leaving YRC?
William B. Cassidy |
As Chief Financial Officer Sheila Taylor prepares to leave YRC Worldwide, pressure mounts on the company’s board to find a successor to William D. Zollars.
Trucking News
LTL
Trucking labor
Rail Freight’s Upward Mobility
John D. Boyd |
North America’s rail freight network, after shaking off a series of powerful winter storms in January, is back on the fast track to growth. But a new threat is emerging: surging fuel costs.
Rail News
Help Wanted in Trucking
William B. Cassidy |
The trucking industry is hiring again, but at a pace and level far below its pre-recession plateau, placing a limit on the expansion of truck capacity.
Trucking News
Trucking labor
The Quest for Predictability
Paul Page |
Sitting on the sidelines at The Journal of Commerce’s Trans-Pacific Maritime Conference, two shippers said their solution to the troubling questions over services and rates sounded simple but wa
Maritime
Container lines
Forwarding
Paying to Pave?
R.G. Edmonson |
Potholes carry a heavy price, and John Q. Public is ponying up a good share to pay for their repair.
Transport, Trade and Regulation News
Shipping’s Master Builder
Peter T. Leach |
Alberto Aleman Zubieta had no illusions about what he was facing when he presided over the Panama Canal’s transition from U.S. jurisdiction to Panamanian control at the end of 1999.
Maritime
Forwarding
Canada’s Gateways for Growth
Bill Mongelluzzo |
Canada’s two largest airports base their infrastructure development strategy on the theory that efficient, cargo-friendly airports will lead the country to trade prosperity, and Asia will be the
Maritime
Air Cargo Carriers News
Air Cargo
The 3PL Balancing Act
William B. Cassidy |
The momentum many U.S. third-party logistics providers and freight brokers reported at the end of 2010 appears to be extending into 2011. C.H. Robinson, the largest domestic 3PL in the U.S.
Transport, Trade and Regulation News
Trucking News
Spinning Their Wheels
Joseph Bonney |
It took years for ocean carriers to follow through on their desire to get out of the chassis business. Now it may take the rest of the industry years to find a new model that works.
Maritime
Trucking News
Container lines
Deadly Japan Tsunami Triggers Pacific Warnings
JOC Staff |
The massive earthquake that struck Japan on Friday closed all ports and airports there, and coastal regions across the entire Pacific Ocean were blanketed with tsunami warnings and bracing for the imp
Maritime
Forwarding
Quake Damage Could Affect US-Japan Grain Trade
John D. Boyd |
The U.S.
Maritime
Forwarding
DOT Opens Another $2.43 Billion in Rail Grants
John D. Boyd |
Transportation Secretary Ray LaHood is making available $2.4 billion in passenger rail grant money rejected by Florida Gov. Rick Scott so that other states can submit applications for new projects.
Transport, Trade and Regulation News
Rail News
North-American rail
Homeland Security to Prevent Small Boat Attacks
R.G. Edmonson |
The Department of Homeland Security on Friday announced a strategy to plug one of the biggest breaches in maritime security: terrorist attacks by small boats.
Transport, Trade and Regulation News
EU Trustbusters Raid Baltic Rail Freight Carriers
Bruce Barnard |
European Union trustbusters raided the offices of transport firms in the Baltic region amid suspicions they are involved in a cartel in the rail freight sector.
Transport, Trade and Regulation News
Rail News
West Coast Ports Operating Smoothly
Bill Mongelluzzo |
UPDATED MARCH 11 AT 4:55 P.M. EST
Maritime
Forwarding
North American ports
Retail Sales Rose 1 Percent in February
Joseph Bonney |
U.S. retail and food sales posted a month-to-month gain of 1 percent in February, driven by strong auto sales, the Commerce Department said.
Transport, Trade and Regulation News
Horizon Gets Lender Agreement, at a Price
Joseph Bonney |
Horizon Lines said its lenders agreed to cancel a default triggered by the company's guilty plea to price-fixing in the Puerto Rico trade and to relax loan covenants.
Maritime
Container lines
Forwarding
OOCL, Yang Ming Expand China-Pakistan Services
Peter T. Leach |
OOCL and Yang Ming plan to expand the port coverage of their joint China-Pakistan Express service and launch a new service on the trade lane.
Maritime
Container lines
Forwarding
MSC Restructures Two Asia-Europe Loops
Peter T. Leach |
Mediterranean Shipping Co.
Maritime
Container lines
Forwarding
Lufthansa Cargo Traffic Soars 25.2 Percent
Bruce Barnard |
Lufthansa Cargo increased freight traffic 25.2 percent in February from a year ago.
Air Cargo
Air Cargo Carriers News
Truck Orders May Signal Stronger Recovery
William B. Cassidy |
The replacement of aging tractors and trailers, deferred for more than two years during the recession, is ramping up in 2011, according to ACT Research.
Trucking News
Japanese Shipping Stopped by Earthquake and Tsunami
Peter T. Leach |
Japan's shipping industry and services will be hit across the board by the massive 8.9 magnitude earthquake and tsunami that slammed the country Friday, according to an initial assessment of the impac
Maritime
Obama Says US Prepared to Tap Oil Reserve
John D. Boyd |
President Obama said the U.S.
Transport, Trade and Regulation News
Expanded Panama Canal to Face Tough Competition
Bill Mongelluzzo |
Container volumes moving through the Panama Canal will certainly increase when the canal is enlarged in 2014, but that does not necessarily mean West Coast ports will lose market share simply because
Maritime
Forwarding
North-American rail
Deep Impact
David Biederman |
As the Panama Canal expansion project draws closer to its 2014 completion date and the global economy recovers, ports along the Gulf of Mexico are working hard to attract direct all-water services fro
Maritime
FMCSA Extends Comment Period on EOBR Rule
William B. Cassidy |
The Department of Transportation is giving the public more time to comment on a proposal that would require electronic onboard recorders in most heavy trucks.
Trucking News
TSA Notes Challenges in International Screening
R.G. Edmonson |
The Transportation Security Administration is satisfied with its security screening program for goods shipped on domestic passenger airline flights, but TSA said Wednesday challenges remain in meeting
Transport, Trade and Regulation News
Index Shows Truckload Demand Rising
William B. Cassidy |
A key measure of truckload demand jumped 18.9 percent week over week in early March, signaling tightening capacity as the nation and the economy warm up.
Trucking News
DOJ Allows $45 Million Fine as All Horizon Could Pay
Joseph Bonney |
The Justice Department said it allowed Horizon Lines to pay a back-loaded $45 million fine for price fixing in the Puerto Rico trade because a stiffer penalty would have threatened the carrier's viabi
Maritime
Container lines
Forwarding
Nominee Begeman Vows to Aid Shipper Access to STB
John D. Boyd |
Ann Begeman, President Obama's choice to join the Surface Transportation Board, told senators at her nomination hearing she will work toward making sure shippers as well as railroads can approach the
Transport, Trade and Regulation News
Rail News
North-American rail
Grand Alliance to Restructure Trans-Pacific Services
Peter T. Leach |
The three carrier members of the Grand Alliance plan to overhaul their trans-Pacific services to the U.S. West Coast in advance of the peak season.
Maritime
Container lines
Forwarding
‘Bold’ Transportation Proposal Leaves Senators Cold
R.G. Edmonson |
Transportation Secretary Ray LaHood took the Obama administration's "bold vision" for a new transportation bill to the Senate this week, but lawmakers were not ready to buy in.
Transport, Trade and Regulation News
Lynden's Brown Line Buys Refrigerated Trucker
William B. Cassidy |
Refrigerated trucking company Brown Line is expanding in the Pacific Northwest by purchasing Port Side Trucking, a refrigerated motor carrier in Kent, Wash.
Trucking News
India’s Exports Jump 50 Percent
JOC Staff |
India’s exports jumped nearly 50 percent year-over-year to $23.6 billion in February, buoyed by increased demand from major markets such as North America, Asia and Africa.
Transport, Trade and Regulation News
Oil Prices Push Trade Deficit to Six-Month High
Joseph Bonney |
Higher prices pushed the U.S. trade deficit in January to its highest level in six months despite a 2.7 percent increase in exports.
Transport, Trade and Regulation News
Rotterdam Boosts Russia Container Traffic 40 Percent
Bruce Barnard |
The port of Rotterdam said container traffic with Russia surged 40 percent in 2010 from the previous year, sharply narrowing the gap with Hamburg, the market leader in Baltic feeder traffic.
Maritime
Forwarding
Tank Trucker Quality Cuts Losses in 2010
William B. Cassidy |
Restructuring and refinancing at Quality Distribution reduced a $180.5 million net loss in 2009 to $7.4 million in 2010, while revenue climbed to $686.6 million.
Trucking News
Somali Pirates Release Vessel
JOC Staff |
Somali pirates released a general cargo vessel and its crew after almost 11 months in captivity, according to the Indian Shipping Ministry.
Maritime
All Nippon International Volume Grows 16 Percent
Hisane Masaki |
All Nippon Airways said its international cargo volume rose for the 17th consecutive month in January, increasing 15.8 percent to 40,733 tons.
Air Cargo
Clarksons Profit Grows 44 Percent
Bruce Barnard |
Clarksons, the world's largest ship broker, reported 2010 profit grew 44 percent from a year ago as shipping markets benefited from a "slow but emerging recovery" in global trade.
Maritime
Forwarding
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