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Platts Containers Update
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
Japanese Restore Transportation Systems
Hisane Masaki |
Restoration work on Japanese transportation systems devastated by the March 11 earthquake and tsunami that hit the northeastern part of th
Transport, Trade and Regulation News
Maritime
Forwarding
Grand Alliance Resumes Nagoya Service
Peter T. Leach |
The Grand Alliance is resuming service to the Japanese city of Nagoya operated by Hapag-Lloyd on March 31, according to a bulletin by OOCL.
Container lines
Maritime
Forwarding
Japan to Remain Major US Trading Partner
Bill Mongelluzzo |
Japan's commerce with the U.S.
Transport, Trade and Regulation News
Forwarding
Crowley Wins Order Blocking Puerto Rican Inspections
Peter T. Leach |
A U.S. District Court in San Juan issued a temporary restraining order on Friday in favor of Crowley Puerto Rico Services.
Maritime
Container lines
Forwarding
Canadian Pacific Aims $100 Million at N. Dakota
John D. Boyd |
Canadian Pacific Railway unveiled a plan to spend nearly $103 million in its North Dakota network this year and next, and said it should aid several big commodity cargo groups there.
Rail News
North-American rail
Diesel Resumes Climb with 2.5 Cent Jump
Thomas L. Gallagher |
After a record 15 weeks of price increases, diesel took a tenth of a cent drop a week ago but started cli
Trucking News
UPS Adds Next-Day China-Europe Services
Thomas L. Gallagher |
UPS launched four additional direct flights from Hong Kong to Europe, expanding its next-day delivery coverage for packages and heavy freight.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Wabtec Boosts Outlook as Freight Strengthens
John D. Boyd |
Rail equipment supplier Wabtec said a stronger U.S.
Rail News
Indian Navy, Coast Guard Capture Pirate Mother Ship
Peter T. Leach |
The Indian navy and coast guard captured 16 Somali pirates and rescued 16 hostages after a three-hour running battle in the Arabian Sea, according to media reports.
Container lines
Maritime
Forwarding
Crowley to Start Direct Loop to St. Maarten
Peter T. Leach |
Crowley Maritime is adding a direct, fixed-day sailing from Port Everglades, Fla., to St. Maarten in the Caribbean that will reduce transit time by one full day.
Maritime
Container lines
Forwarding
Consumer Spending Edged Up 0.7 Percent
Joseph Bonney |
Consumer spending in the U.S.
Transport, Trade and Regulation News
Ohio Rescinds Private Fleet Regulation
William B. Cassidy |
Ohio is dropping a controversial rule that extended safety regulations designed for larger vehicles and for-hire truck fleets to thousands of small private carriers.
Trucking News
Maersk Introduces Ships Designed for West Africa
Peter T. Leach |
Maersk Line is taking delivery of the first of a series of 22 container ships called Wafmax that are specifically designed for the limitations of the West African market.
Maritime
Container lines
Forwarding
Wal-Mart to Reopen 12 Stores Hit by Japan Quake
Peter T. Leach |
Wal-Mart Stores will reopen 12 of its Seiyu stores in Japan that were affected by the earthquake, and is hoping to open the remaining 12 impacted stores as soon as possible, a spokesman for the U.S.-b
Transport, Trade and Regulation News
Disaster Reaches the Supply Chain
Joseph Bonney |
The earthquake and tsunami that killed thousands and devastated a swath of Japan is promising a deeper impact on the country’s economy and global supply chains, and triggering what experts say m
International ports
Charter Rates Rise Amid Falling Freight Rates
Bruce Barnard |
Container ship charter rates are still rallying even as freight rates are falling as ocean carriers seek additional tonnage to defend market share amid strong cargo volume ahead of the summer peak shi
Maritime
Forwarding
Air France-KLM Cargo Expands on Four Continents
Bruce Barnard |
Air France-KLM Cargo added new freight services linking its twin Amsterdam and Paris hubs with the U.S., Peru, Cambodia, China, Sierra Leone and Liberia.
Air Cargo
JAL Exits Bankruptcy Protection
Hisane Masaki |
Japan Airlines flew out of bankruptcy protection on Monday, about 14 months after going into it.
Air Cargo
The JOC Top 40 Container Lines (2010)
Peter T. Leach |
The columns of red and black numbers in the rankings of the Top 40 Container Lines by volume reflect the tenuous recovery from the deep downturn in trade that hit carriers so hard in 2009.
Maritime
Container lines
Forwarding
Hours on the Waterfront
William B. Cassidy |
Maritime and intermodal industry officials are raising alarms that the proposed federal hours-of-service rules for domestic U.S.
Transport, Trade and Regulation News
Trucking News
Trucking labor
Rail Grant Revs Up Tar Heel State
John D. Boyd |
Weeks before North Carolina nailed down an implementing agreement with Norfolk Southern Railway to spend $461 million in passenger rail stimulus funds, the state’s transportation secretary said
Transport, Trade and Regulation News
Rail News
When Time is Money
David Biederman |
The freight payment and audit business flows smoothly most of the time.
Logistics Technology News
Radiation Screening Prepared
Bill Mongelluzzo |
Vessels and containers arriving at U.S. ports from Japan will face inspections by the U.S.
Transport, Trade and Regulation News
Industrial Strength Recovery
William B. Cassidy |
Less-than-truckload carriers are doing something they haven’t done in a long time — hiring.
Trucking News
LTL
Trucking labor
Building on Growth in Southern Cal
Bill Mongelluzzo |
Industrial real estate activity is picking up in Southern California, and that’s a good sign for the economy and for shipping — the 1.5 billion-square-foot market is a bellwether for wareh
Maritime
A 10-Step Program
David Biederman |
Selecting a freight payment and audit firm is an important strategic decision that shouldn’t be taken lightly.
Logistics Technology News
UP Eases Grain Pain
John D. Boyd |
Union Pacific Railroad will soon start hauling a grain product about 2,000 miles in unit trains of hopper cars from the Midwest to Southern California, and then transload it to intermodal trainloads o
Rail News
Banking on Infrastructure
R.G. Edmonson |
If Congress agrees an infrastructure bank should be part of an overall strategy to draw on private resources to build public infrastructure, lawmakers will have at least two models to consider.
Transport, Trade and Regulation News
Post-Panamax Logistics
Peter T. Leach |
From the bridge of a container ship passing through the Panama Canal, the signs of the canal authority’s huge expansion project are clearly visible.
Maritime
Forwarding
Recovery’s Uneasy Wake
Bruce Barnard |
At first glance, the figures don’t appear to add up on the Asia-Europe container shipping trade lanes.
Maritime
Forwarding
Hutchison Handles Record Deal
Mike Grinter |
Hong Kong’s billionaire Li Ka Shing has achieved a number of records with his IPO of Hutchison Whampoa’s Hutchison Port Holdings Trust on the Singapore stock exchange.
Maritime
Paying By the Line
David Biederman |
What could go wrong in paying for the shipment of a single ocean container?
Logistics Technology News
Carriers Reap What Exporters Sow
Bill Mongelluzzo |
The U.S. farm sector is on the cusp of an explosion in exports, and the liner shipping industry will be a major beneficiary.
Maritime
Transport, Trade and Regulation News
Forwarding
Industry Veteran Schely Dies at 72
Bill Mongelluzzo |
Retired executive Ronald P. Schley, a veteran of 33 years in the shipping industry, died March 14 in Sparks, Nev., after a lengthy illness. He was 72.
Maritime
Container lines
Forwarding
FedEx Freight, Con-way Gain LTL Market Share
William B. Cassidy |
FedEx Freight was the largest less-than-truckload carrier in the U.S. for the second consecutive year in 2010, a survey of the top LTL 25 trucking companies says.
Trucking News
LTL
Tariff-Filing Changes May Not Please Carriers, Says Firm
Bill Mongelluzzo |
Modification of the tariff-filing requirements for cargo consolidators that will take effect on April 18 may not give non-vessel operating common carriers everything they wanted, but NVOs should be be
Maritime
Transport, Trade and Regulation News
Truck Trailer Shipments Doubled in February
William B. Cassidy |
Strong demand for truck equipment, particularly dry-van trailers, spurred a 105 percent increase in trailer shipments in February, ACT Research said.
Trucking News
Port Group Elects Jerry Bridges Chairman
Peter T. Leach |
The American Association of Port Authorities elected Jerry A. Bridges, executive director of the Virginia Port Authority, to serve as its 2011-2012 chairman of the board.
Maritime
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