With a strike by East and Gulf Coast dockworkers just days away, port employers on Thursday asked the National Labor Relations Board to order the International Longshoremen’s Association to resume contract negotiations.
Facing an Oct. 1 strike deadline by the International Longshoremen’s Association, ports and other waterside logistics providers along the East and Gulf coasts are advising customers to brace for a shutdown of the container business.
Container traffic at the second-busiest U.S. port complex will come to a halt Oct. 1 absent a new contract covering 45,000 union longshore workers from Texas to Maine.
A work stoppage by 45,000 union longshore workers set for Oct. 1 would bring waterside commerce to a halt at ports from Texas to Maine.
The Port of Los Angeles handled 960,597 twenty-foot equivalent units in August, a 16% increase over the previous year and the busiest month ever outside the pandemic. Eight months into 2024, the leading U.S. container gateway is 17% ahead of its 2023 pace, already moving nearly 1 million more containers than a year ago. “The […]
U.S. railroads see the highest weekly intermodal traffic since the pandemic, and ongoing supply chain issues could aid further gains as a threatened longshore strike creeps closer.
Continued robust demand for container shipping services could help balance supply and demand, the world’s second-largest vessel operator said, easing strains despite disruptions across the global supply chain.
Port of Indiana-Burns Harbor on Lake Michigan increases rail capacity by 250 cars and adds hundreds of feet of new dock for expanded all-water cargoes.
A shippers’ coalition on Tuesday asked the White House to help restart stalled contract negotiations and said President Biden should be prepared to intervene to prevent a strike.
East and Gulf Coast port employers insist a new union contract is still within reach before an Oct. 1 strike deadline, and urged the International Longshoremen’s Association to return to the bargaining table.
German railway Deutsche Bahn is selling its Schenker logistics unit to DSV of Denmark in a deal that will create the world’s largest forwarder.
Schenker has been sold, but not to the U.S. private equity group vying for control of the German logistics provider. Transport provider DSV of Denmark has emerged as the winning bidder, Reuters reported, in a deal worth 14 billion euros ($15.43 billion). A consortium of private investors led by CVC Capital Partners of New York […]
New bills in both the Senate and House of Representatives would upgrade the 45G tax credit for inflation and expand trackage covered under the program.
The International Longshoremen’s Association has adopted a resolute stance in negotiations with East Coast port employers from Maine to Houston. There’s speculation that sympathy work stoppages could spread to West Coast container gateways.
Even a short work stoppage by the ILA would greatly disrupt freight networks. SONAR charts show evidence of shippers looking to avoid getting caught in a potential ILA strike which has impacts on maritime, rail intermodal and truckload data.
No talks are scheduled between employers and the International Longshoremen’s Association, which represents unionized workers at ports on the U.S. East and Gulf coasts. Bargaining has stalled over technology and pay issues.
China State Shipbuilding Corp. said it has received approval in principle for a liquefied natural gas dual-fuel vessel of 27,500 twenty-foot equivalent units, the largest boxships afloat.
The Montreal Port Authority is spending more than $42 million to restore and upgrade the Pie-IX rail bridge, a project that will also help a port-based sugar refiner boost capacity.
International Longshoremen’s Association representatives unanimously backed President Harold J. Daggett’s call for a coastwide strike at ports from Maine to Texas on Oct. 1.
In the latest move to strengthen the largest U.S. container gateway, a key Port of Los Angeles terminal will receive $52 million to upgrade its on-dock rail capacity.
A new plan calls for public-private investment in the Port of Portland’s money-losing Terminal 6, the state’s only international container facility.
In a lawsuit dating back to 2018, CSX accused rival Norfolk Southern of jacking up rates for dockside access to the East Coast container gateway.
A New York-based venture capital firm and European transport specialist are vying to acquire Schenker, the logistics unit of German national railway Deutsche Bahn, which could shake up the market for logistics services in the U.S.
Despite peak season stress, supply chain bottlenecks failed to materialize during the recovery from the brief lockout of union employees by CN and CPKC.
Minnesota’s federally mandated State Freight Plan identifies key areas for investment in the statewide transportation system to ensure goods movement that is safe, efficient and sustainable.
The Port of New York-New Jersey was the latest gateway to benefit from the early peak shipping season as importers stocked up on holiday inventory to circumvent a host of supply chain issues.
It could take the two largest Canadian railroads a week or more to recover from the effects of a shutdown that briefly stalled billions in freight including transborder trade with the United States.
Eastern railroad CSX said it had come to tentative agreements with seven more unions ahead of scheduled collective bargaining, just days after it announced five early deals with unionized workers.
The agreements were announced just days after CSX completed early deals with its unions as labor flexes its newfound strength with employers following the pandemic.
The Port of Los Angeles has named Erica M. Calhoun deputy executive director overseeing the city of Los Angeles Harbor Department’s Administrative Bureau.
As eastbound import traffic continues to grow, Union Pacific announced surcharges for its premium EMP and UMAX services out of the Southern California gateway.
CN and CPKC early Thursday locked out 9,300 union employees, bringing trains to a halt in a move that could disrupt supply chains throughout North America.
CN said it received no response from Teamsters after making a final contract offer in a bid to avoid service disruption.
While contract talks between Canadian National, Canadian Pacific Kansas City and union employees continue, a rail shutdown would reverberate through the supply chain connecting Canada and the U.S.
Amid lockout and strike notices, contract bargaining continues as Ottawa makes a push for both sides to come together on a new rail labor contract.
Canada’s busiest import gateway is managing port fluidity as railroads issue lockout notices, and Teamsters are warning of a planned strike as the latest contract talks fail.
A feasibility study of nuclear-powered container ships to lower emissions teams Maersk, the world’s second-largest container line, with vessel classification society Lloyd’s Register and nuclear power specialist Core Power.
The outlook for supply chain congestion this fall led importers to move holiday goods earlier than usual through Long Beach, the second-busiest U.S. port.
Construction continues on a Chicago bridge project designed to reduce delays and improve flow by untangling freight and passenger rail lines.
Operators of first-mile and last-mile railroads are staffing up for a legislative push ahead of fall elections.
Vessel delays and labor concerns had importers rushing to get holiday merchandise into the Port of Los Angeles before the traditional peak season in the fall.
Eastern Class 1 railroads Norfolk Southern and CSX will help reach Midwest cities with double-stack trains from the newly expanded Port of Virginia central rail yard.
Importers are advised to seek alternative routes and plan for extended delays as the peak shipping season gets underway, following an explosion involving hazardous materials at China’s Port of Ningbo.
The Blue Ridge Connector will improve intermodal services to the northeast Georgia logistics center.
Transportation provider Hub Group sees Q2 revenue fall 5% year over year to $986 million.
New Jersey independent contractors who haul freight under STG Drayage’s operating authority will no longer be tendered loads in November unless the truckers get their own authority through the Federal Motor Carrier Safety Administration.
Universal Logistics Holdings saw increases in second-quarter top-line revenue, along with gains in its trucking and contract logistics segments.
J.B. Hunt missed second-quarter expectations Tuesday as soft freight demand and costs associated with carrying the capacity needed to meet future demand weighed on the period.
J.B. Hunt missed second-quarter expectations as volumes remained weak across all modes, expenses remained elevated and intermodal yields declined.
A $73 million rail expansion at the Port of Los Angeles adds five storage tracks, new crossovers and turnouts, and a concrete rail bridge, among other improvements.
RoadOne has started construction on a 100-acre distribution project near the Port of Charleston.
Late in the game, the head of the Surface Transportation Board is speaking out against replacing Norfolk Southern management, suggesting the effort threatens the U.S. rail network.
In competitive lanes, loads shift from rail to road.
Universal Logistics sees a potential uptick in trucking volumes and rates by the end of the year.
SONAR sets up intermodal trading ideas ahead of earnings.
J.B. Hunt Transport Services’ first-quarter earnings miss sent shares 6% lower in after-hours trading on Tuesday.
J.B. Hunt Transport Services reported a miss on first-quarter expectations Tuesday after the market closed.
The Federal Maritime Commission suggests that requiring better data could lead to less congestion and fewer container storage fees.
Hauling autos into Baltimore is a big business that is going to scale back dramatically in coming weeks and months.
The Biden administration is getting a clearer picture of freight flow changes with new data from inland intermodal hubs.
The Port of Huntsville in Alabama reported 24% year-over-year growth at its intermodal container yard in 2023.
NTSB head Jennifer Homendy told a Senate committee that the burning of chemicals on derailed Norfolk Southern rail cars in East Palestine, Ohio, was not necessary.
IMC Logistics has acquired American Pacific Transportation, growing the company’s drayage capacity to more than 500 trucks in California.
J.B. Hunt President Shelley Simpson becomes CEO on July 1, succeeding John H. Roberts III.
Fastfrate Group has renewed a long-term agreement with CPKC to provide intermodal and drayage services in the U.S., Canada and Mexico.
Regulators have imposed new billing standards on ocean carriers that shippers consider a “major step” toward eliminating abuse.
J.B. Hunt said Thursday it will buy Walmart’s intermodal assets and that the two companies entered a multiyear agreement that will bring more shipments to J.B. Hunt’s network.
Universal Logistics posted lower Q4 revenue in its trucking, intermodal and brokerage segments.
An administrative law judge ruling against the current system of chassis pools was upheld by the full Federal Maritime Commission.
Hub Group reported year-over-year decreases in its intermodal, logistics and truck brokerage segments during the fourth quarter.
Canada-based Bison Transport is partnering with CPKC to provide cross-border intermodal service between Canada, the U.S. and Mexico.
J.B. Hunt Transport Services’ fourth quarter was weighed down by insurance costs but revealed a couple bright spots at the bottom of the cycle.
J.B. Hunt announced it has added former railroad executive Patrick Ottensmeyer to its board.
What are stakeholders in the freight rail space keeping an eye on in 2024? Here’s a starter list.
Intermodal rail might still face pressure from a loose truck market in 2024, but intermodal rail providers could see volumes grow longer term if they keep service humming, according to Breakthrough’s chief economist.
Intermodal rail can and should be a competitive transportation mode, provided that short-line railroads play a part and more investments go into developing intermodal hubs and insightful data sets, according to a report commissioned by the Environmental Defense Fund.
ITE Management said Tuesday it has acquired a majority stake in intermodal chassis lessor Trend.
Union Pacific is seeking to beef up its intermodal offerings via a terminal in Phoenix and the addition of destinations for its on-dock rail service at Port Houston.
A leading industry conference in New York about the state of railroads was unusually positive this year.
Despite a 22% volume decline year over year, the Port of Savannah had its fourth-busiest October, according to the Georgia Ports Authority.
Trucking industry leaders said at an investor conference that the weak truckload fundamentals seen in the third quarter have continued through the fourth.
Lazer Logistics plans to roll out a recently acquired yard management technology across its network of more than 600 locations.
BNSF, J.B. Hunt Transport Services and Mexico’s GMXT are launching an intermodal service in January between Mexico and the Midwest.
At the F3: Future of Freight Festival, strategic adviser Alan Gershenhorn explained how market changes are affecting different transport modes.
Canadian railway CN, the Mississippi State Port Authority and Ports America have signed a memorandum of understanding for an intermodal service at the Port of Gulfport.
J.B. Hunt and BNSF Railway announce the launch of a new customized intermodal offering at FreightWaves’ F3: Future of Freight Festival 2023.
Hub Group reported $1 billion in revenue and earnings per share of 97 cents during the third quarter.
J.B. Hunt’s overall financial performance in the third quarter was weak, but slight strengthening in intermodal volumes was celebrated.
The Port of Montreal has received funding from Canada’s National Trade Corridors Fund to build a new terminal aimed at boosting the port’s container handling capacity.
Union Pacific will be offering intermodal service between two cities in Mexico and the U.S. Southeast.
Investment firm Oaktree Capital Management has acquired Consolidated Chassis Management as the intermodal equipment provider becomes the sole manager of a new pool.
STG Logistics will extend its reach in Canada by offering “port-to-door” services in six new markets in addition to the Toronto and Montreal markets that it already serves.
J.B. Hunt Transport Services missed second-quarter expectations Tuesday and said it is still uncertain how peak season will play out.
Management from J.B. Hunt said it needs to see more data before making a call that the industry is exiting a freight recession.
Intermodal executives from J.B. Hunt and Schneider are hopeful for improving demand in the second half of 2023 but acknowledge it’s still too early to tell.
Ratings agency Moody’s held J.B. Hunt’s debt rating steady, as the trucking company’s rating hasn’t changed since 2014.
Canadian Pacific Kansas City is building its intermodal service between points in the U.S. Midwest and Mexico, announcing a new daily service that aims to take away market share from trucks.
Universal Logistics Holdings saw revenue declines in its trucking, brokerage and intermodal segments in the first quarter.
“Although the U.S. supply chain is not having the issues that occurred over the last two years, many of the underlying problems remain,” said Cornerstone Systems’ Guy Wallace.
Hub Group had year-over-year revenue declines in its intermodal and logistics segments during the first quarter.
