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Building on Stimulus
John D. Boyd |
Criticism and controversy over federal stimulus spending may have played a part in Rep. James L.
Transport, Trade and Regulation News
Swift Builds Muscle
William B. Cassidy |
Swift Transportation is raising the ante in its initial public offering to $1 billion as the truckload business gains traction.
Trucking News
LaHood Yanks Rail Grants
John D. Boyd |
Transportation Secretary Ray LaHood didn’t even wait for incoming governors of Wisconsin and Ohio to be sworn in.
Transport, Trade and Regulation News
Rail News
Shipper Group Criticizes FMC Carrier Report
JOC Staff |
A major shipper group is decrying the Federal Maritime Commission’s lack of action on a nine-month investigation into ocean carrier practices on the Pacific and says it may take legal action to
Transport, Trade and Regulation News
Container lines
Forwarding
Court Clears Trucking Safety Program Launch
William B. Cassidy |
The U.S. Court of Appeals in Washington cleared the Department of Transportation to launch its CSA 2010 trucking safety program as early as this weekend, denying a request for a delay.
Trucking News
Transport, Trade and Regulation News
LTL
Truck brokers
Letters Show Teamsters Considered ABF-YRC Merger
William B. Cassidy |
Letters submitted as evidence in court indicate the Teamsters union was willing to help ABF Freight System purchase struggling YRC Worldwide earlier this year.
Trucking News
LTL
Trucking labor
Truckload Carrier Celadon Signs $50 Million Credit Deal
William B. Cassidy |
Celadon Group secured a $50 million, five-year revolving credit facility from Bank of America, giving the truckload carrier increased liquidity and financing flexibility.
Trucking News
Consumer Confidence Index Hits Six-Month High
Joseph Bonney |
U.S. consumer confidence rose to its highest level in six months, adding to transportation providers’ hopes that strong holiday sales will increase inventory restocking.
Transport, Trade and Regulation News
Buried Cash Tied to Docks Payoff, say Feds
Joseph Bonney |
Federal agents say they dug up $51,900 in cash buried by a New Jersey longshoreman who reported the money represented dockworkers’ annual Christmas-season “tribute” payments to organized crime.
Maritime
Price-Fixing Cartel Targeted Valentine’s Day, Mother’s Day
JOC Staff |
Freight airline Florida West International Airlines and three cargo executives face charges they conspired to fix prices on shipments from Colombia to the United States, including peak season surcharg
Air Cargo
Frankfurt Cargo Hit Monthly High in November
Bruce Barnard |
Frankfurt airport's cargo traffic rose 5.2 percent in November from a year ago to hit an all time high for the month of 198,333 metric tons.
Air Cargo
Exports Jump 3.2 Percent to Two-Year High
Joseph Bonney |
Exports jumped 3.2 percent to a two-year high in October, driving the U.S. trade deficit down a larger-than-expected 13 percent as imports declined slightly.
Transport, Trade and Regulation News
Court Blocks High-Rise Development at Miami River
R.G. Edmonson |
A Florida state court in Miami on Thursday blocked developers from building three high-rise condominiums on 25 acres along the Miami River, an industrial area of terminals for shallow-draft ships that
Maritime
Air Freight Prices Jump 6.2 Percent
JOC Staff |
International air cargo prices jumped 6.2 percent in October from the month before, recovering from a five-month swoon and reaching the highest point since June, according to the latest Drewry air fre
Air Cargo
2010 Dedicated Contract Carriers
JOC Staff |
A.C. TRUCKING 405 S. VASCONCELLOS ST., MANTECA, CA 95336 Contact: Albert Nunes, President Phone: 209-823-3224, 800-583-7677 Fax: 209-823-6552
Trucking News
LTL
Truck brokers
Dedicated to Recovery
David Biederman |
Shippers appear dedicated to getting ahead of potential truck capacity constraints in 2011.
Trucking News
LTL
Seaway Cargo Shipments Gain 19 Percent
Courtney Tower |
Shipping on the St. Lawrence Seaway and the Great Lakes is winding up the year with strong growth based on staples of grain exports along with imports of iron ore and steel.
Maritime
Forwarding
FedEx Freight Cuts Canada-U.S. Transit Times
William B. Cassidy |
FedEx Freight is speeding less-than-truckload service between U.S. and Canadian markets, cutting transit times in more than 500 lanes, the company said.
Trucking News
LTL
American Cargo Pilots Arrested for Smuggling
Dana L. Brundage |
Two American cargo pilots are under arrest and charged with trying to smuggle some 300 pounds of cocaine U.S. And Dominican drug agents found hidden on their small freight aircraft.
Air Cargo
Obama Says U.S. on Track for Export Goal
John D. Boyd |
President Obama said the U.S. is "on track to meet" his goal of doubling exports in five years, and his administration is taking additional steps to maintain the momentum.
Transport, Trade and Regulation News
Forwarding
CRST International Promotes Gannon, Hires Labrie
William B. Cassidy |
The former president of Con-way Freight, John Labrie, joined truckload giant CRST International as head of its core dry van division CRST Expedited.
Trucking News
LTL
Congestion Slows Chennai Exports
JOC Staff |
Maersk Line said it is struggling to connect exports via terminals in India’s Port of Chennai because of severe port congestion and a sudden shortage of container trucks that is crippling outbound car
Maritime
Container lines
Forwarding
DOT Sends Wisconsin, Ohio Rail Money to Other States
John D. Boyd |
Just as he threatened, Transportation Secretary Ray LaHood began redirecting $1.195 billion away from passenger rail projects rejected by governors-elect in Wisconsin and Ohio, and said those stimulus
Transport, Trade and Regulation News
Rail News
Independent Container Line Restructures U.S. Sales Team
Peter T. Leach |
Independent Container Line announced a restructuring of its U.S. sales team with the appointment of new vice presidents of sales for the northern and southern regions.
Maritime
Container lines
Forwarding
FMC Capacity Investigation Prompts Further Study
R.G. Edmonson |
The Federal Maritime Commission on Thursday accepted the final report from a nine-month investigation into vessel capacity and equipment shortages. The commission will form committees to follow up.
Maritime
Forwarding
House Passes Food Safety Bill
R.G. Edmonson |
The House on Thursday by a narrow margin passed a bill that would give new authority to the Food and Drug Administration to recall products and inspect food processing facilities.
Transport, Trade and Regulation News
Forwarding
Jaxport OKs Hanjin Terminal Contract Negotiations
Peter T. Leach |
The Jacksonville Port Authority authorized its executive director to negotiate for a contract to build a new container terminal for Hanjin Shipping.
Maritime
Container lines
Forwarding
Napolitano, Air Cargo Firms Hold Security Talks
John D. Boyd |
Department of Homeland Security Secretary Janet Napolitano met Dec. 8 with officials from major air cargo firms and the U.S.
Air Cargo
Lufthansa November Cargo Jumps 18.2 Percent
Bruce Barnard |
Lufthansa boosted freight traffic in November 18.2 percent from a year ago, triple the growth of its closest European air cargo rival Air France-KLM.
Air Cargo
Air Cargo Carriers News
Panama Canal Reopens After Flooding
Peter T. Leach |
Waiting ships started passing through the Panama Canal Thursday after it was closed for 17 hours because of flooding.
Maritime
Forwarding
UPS Eyes Small-Medium Sized European Acquisitions
Bruce Barnard |
United Parcel Service is targeting small and medium-sized European acquisitions rather than big ticket deals, the U.S. parcel delivery firm's chief financial officer said.
Air Cargo
Air Cargo Forwarder News
Air Cargo Carriers News
Container Ship Charter Rates Fall 30 Percent
Bruce Barnard |
Container ship charter rates are falling as ocean carriers sit out the seasonally slack fourth quarter and reassess their capacity requirements amid uncertainty over cargo volumes and freight rates go
Maritime
Container lines
Forwarding
Hanjin Announces 2011 Asia-Europe Rate Hikes
Peter T. Leach |
Hanjin Shipping announced a series of rate increases Wednesday for Asia-Europe services starting Jan.
Maritime
Container lines
Forwarding
Ryder System to Buy Total Logistic Control
William B. Cassidy |
Ryder System will buy Total Logistics Control from SuperValu, increasing the company’s reach in the beverage, food and consumer packaged goods market.
Transport, Trade and Regulation News
Energy Department Forecasts Rising Oil Prices
Thomas L. Gallagher |
Oil prices are headed upward, and diesel and other oil-based fuels will cost more as a result, according to a report from the U.S. Energy Information Administration on Tuesday.
Transport, Trade and Regulation News
Freight Index Climbed 0.2 Percent in October
Joseph Bonney |
The Transportation Department’s Freight Transportation Services Index climbed 0.2 percent in October from its September level, rising for the 13th time in 17 months.
Transport, Trade and Regulation News
Labor Intensifies Driver Classification Battle
Bill Mongelluzzo |
National labor organizations intensified their attack on the classification of harbor truck drivers as independent contractors with the release Wednesday of the report, "The Big Rig: Poverty, Pollutio
Maritime
Forwarding
Trucking labor
Attempted Bombings Spur International Security Talks
R.G. Edmonson |
The attempted attacks on two airliners in October gave new impetus to U.S.
Transport, Trade and Regulation News
Bipartisan Group Urges Overhaul of U.S. Transport Policy
John D. Boyd |
With a warning that the current U.S.
Transport, Trade and Regulation News
Brady Promises Support on Free Trade Agreements
R.G. Edmonson |
President Obama will find strong support in the new House majority if he accelerates foreign trade efforts, Rep. Kevin Brady, R-Texas, said Tuesday.
Transport, Trade and Regulation News
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