Air China Profit Falls 77 Percent
Air China Ltd. said its profit fell 76.7 percent in the first half of 2012 to RMB945 million ($149 million),...
View ArticleUS Intermodal Volume Ticks Up; Carload Traffic Falls
Intermodal shipments on major U.S. railroads in the week ending Aug. 25 rose 0.8 percent year-over-year but were flat from...
View ArticleJerry Bridges to Leave Port of Virginia
The tenure of Jerry A. Bridges as executive director of the Virginia Port Authority will end Oct. 31, the VPA...
View ArticleDHL Expands India LCL Service Network
DHL Global Forwarding has launched two new less-than-containerload services linking India’s largest container port, Nhava Sheva (Jawaharlal Nehru), with Sweden...
View ArticleShanghai Container Index Declines
Spot rates from Shanghai to North Europe, North America and the Mediterranean dropped this week, indicating a weakening market, according...
View ArticleCommentary: Beyond Sept. 30
In one respect, the breakdown of International Longshoremen’s Association contract negotiations was a surprise. In another, it wasn’t. Yes,...
View ArticleCommentary: Strike Force
With a single sentence — “It looks like we’re going to have a strike” — International Longshoremen’s Association President Harold...
View ArticleRebuilding Brazil, One Brick at a Time
Brazil may be the high-profile “B” in the “BRIC” bloc of emerging nations, but South America’s largest country still ranks...
View ArticlePanama Canal's Aleman Passes the Torch
It can be said of few people that they have changed the shape of global commerce and shipping. Without doubt,...
View ArticleMideast Ports Still Dealing With Ramadan Congestion
Ports in the Middle East are still suffering congestion after the surge in imports during Ramadan and the Eid al...
View ArticleMSC Flaminia ‘Safe’ for English Channel Passage
The fire-damaged container ship MSC Flaminia has been declared safe for passage through the English Channel but is awaiting approvals...
View ArticleShipping Rate, Surcharge Update for Week of Aug. 27-31
OOCL will bump up rates on its Asia-Europe services next month. As part of the Hong Kong-based line’s revenue restoration program,...
View ArticleCommentary: Industry, Not Government, Drives Truck Safety
Anne Ferro, administrator of the Federal Motor Carrier Safety Administration, in early August shared with the audience at the PeopleNet...
View ArticleUS Gulf Ports Reopen After Isaac
Ports along the central Gulf of Mexico have reopened after sustaining what officials said was minimal damage from Hurricane Isaac’s...
View ArticleABF to Fight $750 Million Teamsters Lawsuit Dismissal
ABF Freight System will again appeal a $750 million lawsuit against the Teamsters union and various YRC Worldwide subsidiaries, after...
View ArticleLandstar Downgrades Quarterly Forecast
Landstar System on Thursday lowered its double-digit growth expectations for the third quarter to a mid-single-digit range, a potential sign...
View ArticleGoldenport Posts Loss As Ship Values Decline
Goldenport plunged deep into the red in the first half as it wrote down the book value of its containerships...
View ArticleUnifeeder Acquires Feederlink
Denmark’s Unifeeder has acquired Rotterdam-based Feederlink Shipping from Irish Continental Group in a $36 million deal that accelerates the consolidation...
View ArticleVirginia Prepares for Possible ILA Strike
The Virginia Port Authority said it and the VPA’s operating company, Virginia International Terminals, have begun preparing the Hampton Roads...
View ArticleHSH Nordbank Profit Sinks on Shipping Slump
HSH Nordbank’s first half net income plunged to 70 million euros ($88 million) from 338 million euros ($426 million) a...
View ArticleILA Talks Stalled With a Month to Go
The International Longshoremen’s Association formally asked United States Maritime Alliance for a final contract offer, but USMX Chairman/CEO James Capo...
View ArticleWTSA Sets Low-Sulfur Fuel Surcharge Component
Shipping lines that carry U.S. exports to Asia will add a new component to their bunker fuel surcharges to reflect...
View ArticleProgress Reported in Talks With ILWU Clerical Workers
Office clerical workers and employers in Los Angeles-Long Beach on Friday wrapped up another week of negotiations and announced that...
View ArticleMexico Making a Name for Itself in Manufacturing
The Mexican economy can be baffling to Americans. News headlines of horrifying gang violence tend to overshadow the booming manufacturing...
View ArticleFor Mexican Rails, Growth is Stacked
When it comes to Mexican rail growth, you haven’t seen anything yet. Mexican railroads’ share of surface freight moves...
View ArticleTrucking Thrives on the Border
Shippers looking for trucks in northern Mexico desperately want something in short supply across North America: la capacidad. Truckload capacity...
View ArticleMexico’s Ports Focus on Home Delivery
Mexico’s ports are sometimes viewed as potential low-cost gateways for Asian cargo moving to the U.S., but Manzanillo, Lazaro Cardenas,...
View ArticleTWIC Card Readers Not Yet Specified
Ports and marine terminal operators that have been waiting anxiously for the Coast Guard to release its notice of proposed...
View ArticleNY State Agency Sees Lack of Diversity on the Docks
A New York state agency’s discrimination complaint against the International Longshoremen’s Association and the New York Shipping Association adds a...
View ArticleCommentary: Presidential Reality Checks
The dog days of summer provided no respite from the pre-convention point-counterpoint between the Obama and Romney camps. PolitiFact has...
View ArticleDevelopers, Rails Looking Inland for New Ports
The next generation of inland ports will likely reflect a post-recession flavor. With import volume crawling toward pre-recession highs, the...
View ArticleEconomic Pains Bring Slower Gains for Motor Carriers
Trucking kept pace and occasionally moved ahead of a slowing economy in the second quarter, with the largest publicly owned...
View ArticleCommentary: Hours-of-Service, Years of Debate
Q: I’ve been following, or at least tried to follow, the arguments about the Federal Motor Carrier Safety Administration’s hours-of-service...
View ArticleAbu Dhabi’s Khalifa Port Open for Business
Abu Dhabi’s Khalifa port began commercial operations Sept. 1 with the arrival of the container vessel MSC Bari, port operator...
View ArticleG6 Alliance Pulls One Asia-Europe Service
The G6 Alliance of European and Asian container carriers said it is temporarily suspending one of its Asia-Europe services because...
View ArticleCSAV Slashes Second Quarter Loss
CSAV’s second quarter operating loss narrowed sharply year-over-year to $61.7 million from $381.4 million as the Chilean ocean carrier reaped...
View ArticleHapag-Lloyd Expands Russia Express Service
Hapag-Lloyd is upgrading its Russia Express Service (REX) with an additional eastbound call at Gdynia, Poland, starting this month. ...
View ArticleCarriers Accelerate Extra Slow-Steaming
Ocean carriers have increased total container capacity absorbed by sailing their ships at extra slow speeds by 30 percent since...
View ArticleCMA CGM Sells Luxury Cruise Unit
CMA CGM completed the sale of luxury cruise-line operator La Compagnie du Ponant to the private equity firm Bridgepoint as...
View ArticleNorwegian Car Carriers Narrows Loss
Norwegian Car Carriers narrowed its second quarter loss from a year ago and forecast a strong second half as the...
View ArticleDemocrats Push Infrastructure Spending at Convention
The Democratic party platform released on Monday night suggests President Obama will forcefully defend his infrastructure stimulus spending and call...
View ArticleRussian Railways Mulling Bid in GEFCO
Russian Railways is reported to be mulling a bid for GEFCO, the transport and logistics arm of French auto manufacturer...
View ArticleQuijano Takes Over As Canal Administrator
The Panama Canal Authority on Tuesday installed its third Panama Canal administrator, Jorge Luis Quijano, an engineer with 36 years...
View ArticleGlobaltrans Profit Stalls in First Half of 2012
Globaltrans profit stalled in the first half of the year as the increased borrowings by the Russian rail freight operator...
View ArticleDemand for Natural Gas Trucks to Rise 14 Percent
The global market for natural gas-powered heavy trucks will expand 14 percent a year through 2019, with growth strongest in...
View ArticleCarriers to Implement Surcharges If East Coast Ports Close
Several container ship lines have announced congestion surcharges that will take effect if East or Gulf coast ports are closed...
View ArticleFMCSA Orders 'Reincarnated' Tennessee Trucker Off Highway
It didn’t take long for Three Angels Farms, a small Tennessee-based trucking operator shut down by federal regulators in June...
View ArticleWTSA Carriers Plan Rate Increase
Container shipping lines in the Westbound Transpacific Stabilization Agreement have announced a recommended Oct. 1 general rate increase of $160...
View ArticleCOMPLETE ILA-USMX NEGOTIATIONS COVERAGE
Check in with the JOC as we provide you with the latest developments out of the International Longshoremen's Association and...
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