Liner carriers spanning the east-west container trades may be desperately pressing for rate increases to make up for financial losses, but indications are that industry resolve is as strong as a house of cards. Since July 1, this shift upward in prices for container transport, especially on the spot market, has been witnessed […]
By Walter Kemmsies, chief economist, Moffatt & Nichol It’s clear that U.S. economic activity is picking up, which is good news for the freight movement industry since this means growing volumes, but the pattern in terms of import and export flows is likely to shift a lot since recovery also impacts the value of […]
The Port of Oakland said a litigation settlement with SSA Terminals, approved last week by its board of port commissioners, will combine three terminals in the port and create the third largest terminal on the U.S. West Coast. SSA Terminals will drop a complaint before the Federal Maritime Commission and a lawsuit in […]
UPS said it had a profit of $1.07 billion in the second quarter, 4 percent less than the $1.12 billion earned in the same 2012 period. Revenue was $13.51 billion in the second quarter, 1.2 percent higher than the $13.35 billion recorded in the same 2012 period. International package volume was up 5 […]
Maersk Line said it will implement a general rate increase (GRI) for dry and reefer shipments from the Far East to the United States on September 1. Rates will increase by $400 to the U.S. West Coast and $600 to the U.S. East Coast per standard 40-foot container. Additional information on scope and other […]
Although the company increased its hiring rate from the same period last year, Werner said it is having difficulty hitting its 7,300-driver target for the truckload sector.
Oracle on Monday released an application aimed at giving discrete manufacturers real-time visibility into their outsourced operations. Oracle Outsourced Manufacturing for Discrete Industries is part of the Oracle’s E-Business suite for supply chain management. The tool is meant users to “track and manage virtually all aspects of outsourced manufacturing business processes so that […]
The International Civil Aviation Organization has opened an office in Beijing dedicated to improving air traffic management (ATM) procedures in the region. The regional sub office is the organization’s first in the city. At the new office, officials will establish performance-driven criteria that will strive to meet Asia’s future capacity and ATM issues. […]
Revenues rose by 5 percent, year over year, to CAN$2.67 billion thanks to a two-percent rise in carloadings and a five-percent increase in revenue-ton miles. The operating ratio rose by 0.4 points to 60.9 percent.
In the newly created position, York will be tasked with establishing the resources to further develop and expand sourcing in Europe for C.H. Robinson.
American Shipper’s research director, Eric Johnson, will host an interactive discussion with David Ross, managing director of global transportation and logistics for Stifel. Ross’ presentation will cover the key trends driving the domestic transportation market in 2013 and look ahead at the challenges and opportunities in the balance of the year. Key discussion points will […]
Air cargo pricing on the East-West trade lane in June fell to its lowest level since May 2012, according to Drewry’s East-West Air Freight Price Index. Pricing finished the month at $3.06 per kilogram. Drewry’s index collects air freight buy rates on 21 major trade lanes and averages them together, coming up with […]
The Obama Administration released its Bangladesh Action Plan 2013 Friday, calling for government inspections and other oversight as steps to prevent another catastrophic disaster in the region’s garment factories. The plan is a comprehensive reaction to the safety and security breakdowns that lead to the death of 1,000 workers in an April […]
Rockefeller said the recent spike in domestic oil and gas production raises questions about the ability of existing infrastructure to safely transport oil, especially as volume grows.
The Canadian Trucking Alliance is advocating for a more level playing field for truckers who transport livestock, wanting to make sure fines levied by the Canadian Food Inspection Agency are meted out fairly across the industry. Truckers who transport hogs are routinely fined for in-transit losses, and the CFIA usually finds that if […]
The shipment of 370 Fiat 500L cars was transported on NYK Line’s Demeter Leader, which also unloaded Volkswagon’s Porches and Audis. The cars will be trucked to dealers throughout the western United States.
If the Suez Canal was suddenly closed, container vessel schedules between Asia and Europe could be immediately adjusted to minimize delays by simply increasing speeds to 22 knots in each direction and sailing around the Cape of Good Hope.
Giovanetti, who has served as a member of American Shipper magazine’s editorial board, said he plans to stay active in ocean shipping, “but just not as intensely as I have up to now.”
A fire aboard a PIL-operated boxship in the Indian Ocean last week has been contained, according to reports. The 1,740-TEU Liberian-flagged container vessel Hansa Brandenburg was en route from Singapore to Durban when the blaze erupted on July 17 200 miles off the coast of Mauritius. All crew members were rescued by another […]
Sea Star Line will use wireless devices from WAM Technologies for its StarGuard Elite Service for refrigerated cargo, which the line started earlier this month. The WAM Technologies’ devices, WAM-R, will be mounted on every Sea Star refrigerated container in its elite service to provide reefer customers, especially pharmaceutical companies, full visibility of […]
