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, […]
The Government Accountability Office said while the rail industry has reduced accidents 40% in last 10 years, the it needs to continue efforts to reduce worker fatigue.
Truckload carrier USA Truck said it lost $4.3 million in the third quarter, bringing its year-to-date loss to $6.4 million compared to a $1.5 million loss for the first nine months of 2010. A 1.9 percent uptick in revenue to $102.6 million was offset by major problems with a computer system upgrade, softer-than-expected […]
The Federal Motor Carrier Safety Administration said Friday it has postponed publication of a final rule on hours-of-service for commercial truck drivers at least another month. The agency was required under terms of a court settlement to produce a revised rule by the end of October, but most observers expected the deadline would not […]
Basel Convention delegates have made a “breakthrough” to unblock an amendment that would ban the export of hazardous wastes from OECD to non-OECD countries.
TNT Express on Monday said it recorded an operating profit of 32 million euros ($44.6 million) in the third quarter, a 13.5 percent drop from the same period in 2010. The company’s revenue, however, rose 1.3 percent, to 1.8 billion euros ($2.5 billion). “During the quarter, the performance in our European home […]
Echo Global Logistics said it had a profit of $3.4 million in the third quarter, 30 percent more than the $2.6 million earned in the same 2010 period. Revenue for the Chicago-based logistics services provider was $159 million for the third quarter compared to $113.5 million in the same 2010 period. Echo […]
Two men pleaded guilty last Friday in a probe of alleged extortion of money from dock workers at the Port of New York and New Jersey, said New Jersey Attorney General Paula T. Dow and Criminal Justice Director Stephen J. Taylor. Joseph Queli, 65, of Wall, N.J., and Nicholas Bergamotto, 64, of Newark, […]
FMC study riles Canadian industry and government leaders. By Chris Dupin A long-expected decision last month by the U.S. Federal Maritime Commission to begin an investigation into diversion of U.S. imports and exports through Canadian ports has ruffled the feathers of some Canadian business and government leaders. FMC Chairman Richard A. Lidinsky Jr. has said […]
As Horizon Lines, the nation’s largest domestic container carrier, completed a financial restructuring this fall, and one of its competitors in the Puerto Rico trade, Trailer Bridge, continued its efforts to refinance, there were renewed efforts to examine or loosen restrictions on which ships and companies can participate in domestic shipping trades.
