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Pushback against new LA-LB chassis fee intensifies as FMC inquires
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Pushback against terminal operators' proposed chassis gate fee in Los Angeles-Long Beach intensifies.
Marine terminals
Container lines
NFI expands US trucking reach amid sluggish industry demand
Hugh R. Morley, Senior Editor |
Connecticut trucking company will enable fast-growing supply chain provider to expand amid sluggish growth elsewhere in the trucking industry.
Truckload
Weak market drags OOCL parent to first interim loss in seven years
Greg Knowler, Senior Editor Europe |
OOCL's first half loss is not good news for the industry.
CEVA revenue, earnings fall despite air, ocean traffic growth
Bruce Barnard, Special Correspondent |
CEVA Logistics posted lower revenue and earnings in the first half.
Logistics Technology News
Trucking resumes hiring, reversing five-month decline
William B. Cassidy, Senior Editor, Trucking |
Does an uptick in trucking jobs indicate the trucking market is stabilizing?
Trucking labor
LTL
DSV profit rises as it returns UTi to profitability
Bruce Barnard, Special Correspondent |
DSV’s second-quarter profit rose as it “neutralized” the operating deficit of recently acquired UTi Worldwide.
Logistics Technology News
Improving LTL profit, XPO answers 'asset' questions
William B. Cassidy, Senior Editor, Trucking |
With cost controls, disciplined pricing and a sharp eye on volume margins, XPO Logistics positions LTL for more profitable growth.
LTL
Total trucking revenue rises, but so does pressure on carriers
William B. Cassidy, Senior Editor, Trucking |
Small carriers may have gained more revenue than their larger counterparts last year, reversing a recent trend. Can they do it again in 2016?
Truckload
LTL
Zim leads in schedule reliability, SeaIntel says
Joseph Bonney, Senior Editor |
Container lines show big improvement after U.S. West Coast delays in early 2015.
Container lines
Cost controls, e-commerce power XPO to profit
William B. Cassidy, Senior Editor, Trucking |
XPO's North American LTL operations, the former Con-way, led the company's drive to its first quarterly net profit.
Logistics Technology News
Drayage
LTL
Truck brokers
Truck maker, tech startup partner to build shipping platform
William B. Cassidy, Senior Editor, Trucking |
FR8 Revolution unveils a freight tracking tool, but has bigger plans involving a big truck maker.
Trucking News
Truck brokers
LTL trucking revenue, volumes drop, but pricing holds
William B. Cassidy, Senior Editor, Trucking |
Despite lower volumes, many LTL carriers say they are still winning contractual rate increases.
LTL
Has US truck driver employment peaked?
William B. Cassidy, Senior Editor, Trucking |
Strong hiring may have led to a new peak in trucking's hiring cycle. Is it downhill from here?
Trucking labor
LTL
Pacific Northwest ports prep for alliance-operated mega-ships
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Ports in the U.S. and Canadian Pacific Northwest are planning feverishly for the larger cargo surges they know will occur in the coming years from big ships operated by powerful carrier alliances.
North American ports
Truckload carriers downshift as pricing plummets
William B. Cassidy, Senior Editor, Trucking |
Despite an uptick in volume in July, trucking executives see a long road ahead before truckload rates rise.
Truckload
Merger powers Echo Global revenue, volume growth
William B. Cassidy, Senior Editor, Trucking |
The acquisition of Command Transportation last year is helping Echo Global Logistics gain truckload brokerage market share.
Truck brokers
LTL
ODFL trucking revenue drops, but LTL pricing called 'stable'
William B. Cassidy, Senior Editor, Trucking |
The slight year-over-year drop in quarterly revenue was the first for ODFL since 2009.
LTL
Moody's: Industry turmoil to test Asian ports for next two years
Greg Knowler, Senior Editor Europe |
Slowing global growth, liner overcapacity, and high capital expenditure needs will test the resilience of Asia's ports over the next couple of years.
Port News
Maritime
Rotterdam’s container lead over Antwerp still shrinking
Bruce Barnard, Special Correspondent |
Rotterdam’s lead over Antwerp as Europe’s largest container port continues to narrow.
International ports
Breakbulk News
Hanjin mum on financial health amid talks of delayed payments
Xiaolin Zeng, Special Correspondent |
Hanjin Shipping confirmed it remains in negotiations with tonnage providers for lower rates, but wouldn't say much else.
Container lines
Blockade delays thousands of containers at Mexican ports
Hugh R. Morley, Senior Editor |
Angry Mexican teachers are blockading some of the country's railways, leaving thousands of containers stranded.
International rail
Werner sheds some customers as shippers pound rates
William B. Cassidy, Senior Editor, Trucking |
The fifth-largest U.S. truckload carrier is cutting some shippers loose as they seek deep rate cuts in a soft market.
Truckload
Swift cuts trucks as revenue, profit continue decline
William B. Cassidy, Senior Editor, Trucking |
Swift Transportation's efforts to control capacity weren't enough to stave off a decline in earnings.
Truckload
Long Beach: Plenty of affordable power while moving to zero-emission harbor
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
The Port of Long Beach says its power needs won't be threatened by ongoing green efforts.
North American ports
'Tremendous' pressure on spot truck rates squeezes Landstar
William B. Cassidy, Senior Editor, Trucking |
A drop in spot rates and sluggish economy bit into revenue and profit at the fourth-largest U.S. truckload carrier.
Truckload
Major investment to bring much-needed capacity to Virginia port
Reynolds Hutchins, Associate Editor |
Virginia's port will get more capacity and an operational overhaul.
North American ports
As dedicated trucking demand grows, Marten Transport benefits
William B. Cassidy, Senior Editor, Trucking |
General truckload and intermodal sales softened, but Marten's dedicated division increased revenue by double digits.
Panalpina profit stalls, revenue slumps on lower ocean freight volume
Bruce Barnard, Special Correspondent |
Panalpina’s profit stalled and revenue slumped in the first half.
Logistics Technology News
Back-up land a priority, terminals urge hesitant HK government
Greg Knowler, Senior Editor Europe |
The shipping industry is anxiously awaiting efforts by the Hong Kong government to help the territory's port cope with a number of issues it is facing.
International ports
Kuehne + Nagel profit up on higher ocean, air freight volumes
Bruce Barnard, Special Correspondent |
Kuehne + Nagel managed to grow in a largely stagnant global freight environment.
Logistics Technology News
Air Cargo
Truck tonnage drops, forecast to remain 'choppy'
William B. Cassidy, Senior Editor, Trucking |
Tonnage drops in June despite other improving indicators for trucking.
Truckload
LTL
HMM to tap CEO in August
Xiaolin Zeng, Special Correspondent |
Hyundai Merchant Marine will get a new CEO in August.
Container lines
Ocean Alliance to deploy up to 18,000-TEU ships on trans-Pacific
Mark Szakonyi, Executive Editor |
The Ocean Alliance plans to deploy the largest ships ever seen by U.S ports on the trans-Pacific trade.
Container lines
Merged Cosco-CSCL: Shipper contracts valid until new alliance launches
Greg Knowler, Senior Editor Europe |
China Cosco Shipping says all its shipper contracts are safe until the new Ocean Alliance kicks off next year.
Container lines
Breakbulk News
XPO says it’s at an ‘inflection point’ to profitability
William B. Cassidy, Senior Editor, Trucking |
Shifting focus from acquisitions to profit-building, XPO works to convince investors it will succeed in the long-haul.
Logistics Technology News
CMA CGM closes on NOL takeover offer
Bruce Barnard, Special Correspondent |
CMA CGM Monday closed its all-cash offer for Neptune Orient Lines.
Container lines
J.B. Hunt adds truck capacity, grabs market share
William B. Cassidy, Senior Editor, Trucking |
Second-quarter results show $6.2 billion J.B. Hunt is spending to build intermodal, truck volume, revenue.
Truckload
Truck brokers
Does busier spot market signal a US truck rate spike?
William B. Cassidy, Senior Editor, Trucking |
As spot market truckload volumes rise, will rates follow?
Truckload
European shippers attack EU-liner pricing deal
Bruce Barnard, Special Correspondent |
The European Shippers Council today claimed container lines' recent commitments to the European Commission over general rate increase announcements “does not solve the price-fixing problem.”
Transport, Trade and Regulation News
Container lines
JOC’s top US importers scale up via mergers, acquisitions
Marsha Salisbury, Research Editor |
Slide show: Growth among the leaders on the JOC's Top 100 Importers in 2015 rankings involved tenacity and perseverance in building scale with global agility.
Container lines
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