Officials at the Port of Oakland said the “Occupy Oakland” movement, which has been forcibly evicted by police from a downtown square in the past week, is planning a march to the Port of Oakland at 5 p.m. Wednesday afternoon and urged people to protest peacefully. “Occupy Oakland” is an outgrowth of “Occupy […]
The potential for another recession in the United States is relatively high, especially if the debt crisis in Europe causes the economy there to contract, according to two economists in the manufacturing sector. There is a 40 percent chance of a recession in the near future when the probability of negative growth at […]
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The FMC will receive a staff briefing later this week on alleged non-compliance with an order for special reporting by the TSA and its westbound counterpart.
Germanischer Lloyd (GL) said it has proved the feasibility of running large container vessels on liquefied natural gas, working with Daewoo Shipbuilding & Marine Engineering (DSME). “LNG-fueled cargo ships will be emerging on a large scale in the latter half of this decade, and there is a great potential for container ships to […]
Nicor, Inc., the parent company of Tropical Shipping, said the Caribbean container shipping company had an operating loss of $3.7 million in the third quarter ending Sept. 30 compared to a profit of $3.6 million in the same 2010 period. Revenue for Tropical was $78.4 million for the third quarter versus $83.9 million […]
The Waterways Council has elected Matt Woodruff, director of government affairs for Kirby Corp., chairman for 2011-2013. Also elected were Steve Little, president of Crounse Corp., to vice chairman; Dan Mecklenborg, chief legal officer for Ingram Barge Co., to general counsel; and Rick Calhoun, president of Cargo Carriers, to immediate past chairman. All […]
Kansas Transportation Secretary Deb Miller will step down to take a position with Cambridge Systematics, a transportation infrastructure planning and policy consulting firm based in Cambridge, Mass., Gov. Sam Brownback’s office announced last week. Miller has served under three governors in her tenure at the head of the Kansas Department of Transportation. She […]
Lufthansa Cargo is offering its freight forwarder customers a cargo tracking app for smartphones. The free app allows forwarders to “track the status of their freight shipments, quickly and easily, at any time,” the German carrier said. The system is available under the search term “Lufthansa Cargo” in app stores, for use on Blackberry, […]
The shipping information service INTTRA will offer service to measure service delivery performance based on carrier and shipper transactions processed on its e-commerce platform. INTTRA said it has been offering the OceanMetrics product in a pilot program since February to some of the largest ocean carriers and more than 40 shippers and freight […]
Exports have played a critical role in the electrical manufacturing industry’s ability to survive the downturn says Timothy J. Gill, director of economics for the National Electrical Manufacturers Association.
Stevedores in Oakland are refusing to work ships because of concerns that refrigerant in refrigerated containers may be contaminated and explode.
Grand China Shipping said Monday that it will temporarily suspend its SPX service due to “unfavorable market conditions.” It is the latest of a group of carriers operating in the transpacific with small ships, that have ended service this year in the face of plunging freight rates and high fuel costs. Just […]
Coastal U.S. states and Canadian provinces are increasingly keen to exploit their offshore wind’s potential to generate clean electric power, but it’s what must take place logistically below the ocean’s surface that could tangle this endeavor. A giant multimillion-dollar offshore wind turbine, capable of generating 3 to 6 megawatts of electricity, is useless if the […]
Salvage efforts on Rena, aground near Tauranga, were suspended Monday with sea conditions unsafe to continue. Ready for worst outcome, vents are plugged, boxes tagged.
The liner carrier APL lost $88 million in the third quarter of 2011, its parent company NOL said Monday. That result compared to a $301 million operating profit in the same period in 2010. Year-to-date, APL has sustained $149 million in operating losses, compared to a $314 million operating profit through the first […]
A dour container shipping environment dragged Japan’s Big 3 container lines a collective $570.5 million into the red in the first half of their 2011 fiscal years, according to financial filings by MOL, NYK Line and “K” Line Monday. The losses outstripped the three lines’ collective group first half loss – which stood […]
A shortage of drivers dented Celadon Group’s earnings potential in the third quarter and is the primary reason why it is hunting for other motor carriers to acquire, company executives said during a conference call with analysts Thursday. The company’s biggest negative was a 6 percent reduction in seated trucks – available equipment […]
The shortage of drivers in the trucking industry is real. Companies are not overhyping the problem to scare shippers. They truly are having a difficult time finding qualified drivers, especially with tighter monitoring by the Department of Transportation of one’s driving history. Under the new Compliance Safety Accountability program, drivers receive a […]
The American Trucking Associations says it plans to appeal a 9th Circuit Court decision that upheld some aspects of the Port of Los Angeles clean truck program. The trade organization said its board decided to seek an appeal earlier this month. While the ATA prevailed in overturning the port’s ban on owner-operator draymen, […]
