Industry News

News from JOC Journal of Commerce

• Federal preemption precedent narrows path for AB5 victory January 22, 2020
  [caption caption="Two court cases in California seek to determine if licensed motor carriers can contract with owner-operator drivers, or whether the LMCs must hire the drivers as employees. Photo credit: Shutterstock.com."][/caption]Supporters of a new worker classification law in California that would make it harder for trucking companies to contract with...
• Nine former Zeamarine ships added to UHL's fleet list January 22, 2020
  [caption caption="UHL’s Tasmanic Winter passing the Elbphilharmonie building on the Elbe in Hamburg, Germany. Photo credit: UHL."][/caption]Multipurpose/heavy-lift (MPV/HL) carrier United Heavy Lift has added nine Zeamarine ships to its published fleet list, according to a report by German shipping publication Hansa International Maritime Journal.The new UHL 900 “Eco Lifters” are...
• Top container makers warn on profits as trade slump bites January 22, 2020
  [caption caption="The US-China trade war will put a dent in the 2019 earnings reports of the world’s two biggest container manufacturers. Photo credit: Shutterstock.com."][/caption]Slowing trade growth and fallout from the United States-China trade war have claimed further casualties after the world's two biggest container makers — China International Marine Containers (CIMC)...
• US East Coast port growth dragged to three-year low in 2019 January 22, 2020
  [caption caption="The top 10 US East Coast ports saw their combined throughput growth slow from 5.1 percent in the first 11 months of 2018 to just 2.5 percent through November 2019. Photo credit: Shutterstock.com."][/caption]Slowing global economic growth and the United States-China trade war dragged container cargo growth at US East...
• US manufacturing upturn may boost spring freight volumes, truck rates January 22, 2020
  [caption caption="IHS Markit’s purchasing managers index shows US manufacturing activity growing, although at a modest rate. Photo credit: Shutterstock.com."][/caption]The US manufacturing sector, according to many reports, is in bad shape. But signs of a recovery, albeit a weak one, are beginning to add up, and that could mean a stronger-than-expected...
• US trucking market stabilizing, but jitters remain January 22, 2020
  [caption caption="The trucking panel at the NITL conference discussed how to remain a shipper of choice regardless of whether rates are increasing or decreasing and why some shippers revert to bad habits. Photo credit: Ari Ashe/JOC.com."][/caption]SAN ANTONIO, Texas — The freight market ended 2019 on a high note for carriers...
• APL Logistics aiming to bridge data quality gap January 22, 2020
  [caption caption="Visibility data aggregators have attempted to build multimodal standalone platforms that improve the experience for shippers, but APL Logistics is taking a more direct approach to data quality. Photo credit: Shutterstock.com."][/caption]Phoenix-based third-party logistics provider (3PL) APL Logistics (APLL) Wednesday unveiled a proprietary cargo visibility product for shippers intended to...
• Cosco’s $1 billion profit forecast for 2019 includes LBCT sale January 22, 2020
  [caption caption="China's largest carrier is heading for a profit windfall in 2019, with a little help from a terminal sale. Photo credit: Shutterstock.com."][/caption]Cosco Shipping Holdings has forecast 2019 net profit of almost $1 billion, although the figure includes a significant one-off gain from the October sale of the Long Beach...
• NJ classification bills crimping independent truckers signed into law January 21, 2020
  [caption caption="Truckers in the Port of New York and New Jersey worry that Governor Phil Murphy's focus on tightening classification rules could hurt the owner-operator drayage drivers in the port. Photo credit: Hugh R. Morley."][/caption]A half-dozen bills that could make it more difficult for owner-operator truckers and other independent contractors...
• Container line-shipper relationships fail to evolve January 21, 2020
  [caption caption="The number of major east-west carriers is half of what it was four years ago. Photo credit: Shutterstock.com."][/caption]On March 5, 2001, then-CEO of Neptune Orient Lines Flemming Jacobs took to the stage at the first TPM conference with a direct message for shippers: The time had come for the...
• North American intermodal fortunes tied to coastal import share? January 21, 2020
  [caption caption="Over the past 9 years, approximately 0.64 to 0.72 TEU moved on rail for every import TEU received at a North American port. Photo credit: Jonelle DeFelice/Shutterstock.com."][/caption]A migration of cargo import routings into North America from west to east has been under way for over a decade. This is...
• Australian shippers face strike action, surging port charges January 21, 2020
  [caption caption="Maritime union leaders said workers would be embarking on a new campaign of industrial action after DP World Australia canceled some vacation leave and banned workers, including at the Port of Brisbane (above), from meeting union representatives on company property. Photo credit: Shutterstock.com."][/caption]Shippers using DP World’s four Australian terminals...
• Early rise in low-sulfur fuel price triggers Maersk increase January 21, 2020
  [caption caption="The steep rise in the price of low-sulfur fuel has caused Maersk to raise its surcharges. Photo credit: Shutterstock.com."][/caption]Shippers using Maersk Line will see their bunker adjustment factor (BAF) rise $50 to $200 per FEU from March 1 after the jump in the price of low-sulfur fuel in the...
• Drewry expects 6 percent average MPV/HL rate growth in 2020 January 21, 2020
  [caption caption="The AAL Newcastle delivers six RTGs (rubber-tire gantry cranes), each 25 m x 14 m x 26 m, from Taicang Port, China, to the South Florida Container Terminal at Port Miami. Photo credit: AAL."][/caption]Average time charter rates for the multipurpose and heavy-lift (MPV/HL) fleet will rise 6 percent in...
• JNPT customs joins Indian crackdown on carrier terminal pricing January 21, 2020
  [caption caption="Indian shippers will be allowed to bypass carriers while settling terminal handling charges related to direct port delivery shipments. Photo credit: DP World India."][/caption]Indian efforts to address shipper concerns over a lack of transparency into logistics costs are seeing greater urgency at the start of 2020, threatening to box...
• Shipping’s zero carbon bill to top $1 trillion by 2050 January 20, 2020
  [caption caption="Cleaning up shipping's carbon footprint over the next 30 years is going to come at a high price. Photo credit: Shutterstock.com."][/caption]The cost of cutting shipping’s greenhouse gas emissions by 50 percent of 2008 levels by 2050 will be $1.4 trillion, or an average of $50 to $70 billion annually...
• Legal challenge brews in backlash against extending EU block exemption January 20, 2020
  [caption caption="There is a consensus among users of container shipping services that the European Commission's carrier block exemption regulation needs to be amended to reflect an industry that has evolved significantly in the last five years. Photo credit: Shutterstock.com."][/caption]A consortium of shippers, forwarders, ports, terminals, and transport unions are considering...
• Trade war drives first year-on-year drop in US imports from Asia in a decade January 17, 2020
  [caption caption="Consultant Daniel Hackett expects stagnant US import volumes in the first half of 2020, and a downtick of 1 percent in the third quarter, before volumes return to normal in the fourth quarter. Photo credit: Shutterstock.com."][/caption]US imports from Asia saw a year-over-year decline in 2019 for the first time...
• New services, auto growth to drive Mexican intermodal gains in 2020 January 17, 2020
  [caption caption="The Mexican intermodal sector could reap the benefits of improved railroad service and trade with the US if the government can prevent civil disturbances from blocking railroad lines. Photo credit: Shutterstock.com."][/caption]After a 2.8 percent decline in Mexico’s intermodal traffic last year, the intermodal sector expects more consistent railroad scheduling,...
• Dedicated trucking, digital drive Q4 growth at J.B. Hunt January 17, 2020
  [caption caption="Intermodal volumes began to expand, slowly, in the fourth quarter, J.B. Hunt said. Photo credit: J.B. Hunt Transport Services."][/caption]A wave of private shipper fleet conversions to dedicated trucking, alongside growth of a digital brokerage platform, pushed revenue at J.B. Hunt Transport Services to $2.45 billion in the fourth quarter,...

News from Lloyd’s List – Containers

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• Cosco Shipping units cheered by profit surge January 22, 2020
  Both the state conglomerate’s boxship and tanker units see net profits jump sharply in 2019 compared to the previous year      Related StoriesMore banks pledge to align shipping lending to climate goalsInce adds Bentleys to boost shipping teamDry bulk market remains challenging, says 2020 Bulkers chief 
• French ports hit by strike action January 22, 2020
  Container terminals at Le Havre and Marseille are under pressure from union protests as they decry the plans of President...      Related StoriesMore banks pledge to align shipping lending to climate goalsInce adds Bentleys to boost shipping teamDry bulk market remains challenging, says 2020 Bulkers chief 
• Transpacific sees first contraction in a decade January 22, 2020
  Dismal final quarter leads to first decline in full-year eastbound transpacific volumes since 2009      Related StoriesMore banks pledge to align shipping lending to climate goalsInce adds Bentleys to boost shipping teamDry bulk market remains challenging, says 2020 Bulkers chief 
• UK unlikely to take back control of liner block exemptions until 2021 January 21, 2020
  ‘The Competition and Markets Authority may or may not think about it, but my suspicion is that they will just...      Related StoriesMore banks pledge to align shipping lending to climate goalsInce adds Bentleys to boost shipping teamDry bulk market remains challenging, says 2020 Bulkers chief 
• DP World cancels leave in fight with Australian maritime union January 21, 2020
  The union and DP World have clashed for years over automation and outsourcing      Related StoriesMore banks pledge to align shipping lending to climate goalsInce adds Bentleys to boost shipping teamDry bulk market remains challenging, says 2020 Bulkers chief 
• Shanghai port to buy stake in Ningbo-Zhoushan January 21, 2020
  Two harbours, both located in the Yangtze Delta Region, a key economic powerhouse in China, have been competing heavily with...      Related StoriesMore banks pledge to align shipping lending to climate goalsInce adds Bentleys to boost shipping teamDry bulk market remains challenging, says 2020 Bulkers chief 
• DP World expands European inland operations January 21, 2020
  After expanding into logistics and shortsea shipping, DP World is now growing its inland multimodal presence in Europe      Related StoriesMore banks pledge to align shipping lending to climate goalsInce adds Bentleys to boost shipping teamDry bulk market remains challenging, says 2020 Bulkers chief 
• China could start exporting VLSFO as domestic output perks up January 21, 2020
  Sinopec and PetroChina earlier revealed plans to produce about 14m tonnes this year, enough to cover about 80% of China’s...      Related StoriesMore banks pledge to align shipping lending to climate goalsInce adds Bentleys to boost shipping teamDry bulk market remains challenging, says 2020 Bulkers chief 
• Call for EU to reconsider consortia extension January 20, 2020
  Legal flaws in commission decision-making process mean proper evaluation is still required      Related StoriesMore banks pledge to align shipping lending to climate goalsInce adds Bentleys to boost shipping teamDry bulk market remains challenging, says 2020 Bulkers chief 
• Environmental groups urge IMO to raise carbon reduction goals January 20, 2020
  Letter follows Mr Lim’s re-election as the International Maritime Organization secretary-general last month and urges pushing forward a carbon-free agenda...      Related StoriesMore banks pledge to align shipping lending to climate goalsInce adds Bentleys to boost shipping teamDry bulk market remains challenging, says 2020 Bulkers chief 

News from Container Management

• DP World takes 44% stake in Swissterminal January 22, 2020
  DP World has entered a strategic partnership with Swissterminal Holding, taking a 44% stake in the Mayer family business, which is Switzerland’s leading container terminal operator. Swissterminal, which is headquartered in Frenkendorf close to Basel, operates additional locations in Zurich-Niederglatt, Basel-Birsfelden, Basel-Kleinhueningen and Liestal. The terminals are connected to container ports in Rotterdam and Antwerp […]
• Malaysia sends back waste containers to the UK, US and France January 22, 2020
  Malaysia has sent back 150 containers of unwanted waste to 13 countries, angrily taking aim at exporters which are violating its ban on plastic waste that was first implemented in 2018. Environment minister, Yeo Bee Yin, said: “If there are people who would like to see this [country] as the rubbish dumping site of the world, you […]
• China Merchants sells 22.55% stake in Paranaguá terminal to investment funds January 21, 2020
  China Merchants Port Holdings (CM Port) has sold a 22.55% stake in southern Brazil’s Terminal De Containeres de Paranaguá (TCP) to the China-Portugal Cooperation Development (CPD) Fund and the China-LAC Cooperation (CLAC) Fund. This equity transfer is the first time that CMPort has brought in strategic investors for its overseas existing terminal assets. A statement […]
• Environmental groups call for stronger approach on climate from IMO January 21, 2020
  A group of environmental organisations have called for the International Maritime Organization (IMO)’s secretary general Kitack Lim to accelerate its greenhouse gas (GHG) strategy to meet the temperature goals of the Paris Agreement. A letter from organisations including the Clean Shipping Coalition, the Environmental Defence Fund and the World Wildlife Fund (WWF), calls for Lim […]
• Port of Los Angeles hits near-record 9.3m teu despite trade war January 20, 2020
  The Port of Los Angeles’ total volume for 2019 fell just short of its second-best year in the port’s 113-year history at 9.3m teu. Port executive director Gene Seroka said that the achievement was due to the extensive cooperation and continued efficiency improvements by the port’s terminal operators, supply chain partners and longshore workforce. Seroka […]
• Maritime stakeholders call for EU to re-evaluate liner block exemption January 20, 2020
  A number of stakeholders in the maritime supply chain have called for proper objective evaluation of the European Commission’s Consortia Block Exemption Regulation (CBER), which makes container shipping exempt from the EU’s competition laws. LECAT, ETA, EBU, ESC, FEPORT, GSF, GSA and UIRR representing users of liner shipping services and service providers of the maritime […]
• G&W selects Tideworks’ intermodal solutions for its rail network January 17, 2020
  Freightliner and Pentalver, subsidiaries of Genesee & Wyoming Inc. (G&W), have selected Tideworks as their intermodal solutions provider for their UK rail and container terminal network. G&W will deploy the software developer’s Intermodal Pro TOS and Traffic Control equipment dispatch system across its UK-wide network of rail and container terminals. Chris Lawrenson, managing director of […]
• Yilport Holdings unveils revised growth strategy and 2020-2025 business plan January 17, 2020
  Yilport has outlined its new business plans for 2020 and beyond, aiming to focus on organic growth and to start operations in two container terminals in 2020. The two container facilities include Taranto Container Terminal in Italy, which the company plans to revamp and bring annual capacity up to 1.5m teu, and Gulfport Terminal in […]
• Port of Ashdod protected by Naval Dome against cyber-attacks January 16, 2020
  Naval Dome has agreed to defend the Port of Ashdod’s critical Operational Technology (OT) systems from cybersecurity hacks. The Port of Ashdod, Naval Dome’s first port reference, will start pilot trials of the Port-Dome cyber protection on several systems in early 2020, after which the technology will be installed across the port’s entire network. This […]
• Djibouti ordered by London court to restore DP World’s container terminal concession January 16, 2020
  Update (January 17, 2020): The Republic of Djibouti stated that the ruling “comes as no surprise” but has said that that under no circumstances can it accept such a ruling as Djibouti did not take part and it “flouts the rules of international law”. The Republic of Djibouti reasserted that the termination of the concession for […]
• Container volumes up 7% at Dunkerque January 15, 2020
  The Port of Dunkerque saw a 7% increase in container throughput during 2019, handling 450,000 teu, as it positioned itself as a transhipment hub. During the year, the port commissioned the extension to the quai de Flandre in the West Port, with its completion marking a major step in its container handling capabilities. The port […]
• PSA’s container volumes increased 5.2% in 2019 January 15, 2020
  PSA International Pte Ltd (PSA) handled 85.2m teu in 2019 across its global portfolio, increasing its volume by 5.2% compared to 2018. The group’s flagship terminal, PSA Singapore, increased its volume by 1.6% year-on-year and contributed 36.9m teu towards the overall 2019 total while PSA terminals outside of Singapore increased volumes by 8.1% to 49.3m. […]
• Panama Canal adds fees and reduces slots to sustain water levels after low rainfall January 14, 2020
  Changing rainfall patterns and historic low water levels at the Gatun Lake have led the Panama Canal to announce a series of new measures from February onwards, aimed at sustaining an operational level of water. The canal authority hopes that the changes, which will be implemented from February 15, will provide reliability in water levels […]
• Puerto Aguadulce welcomes largest vessel to call Colombia January 14, 2020
  Puerto Aguadulce has welcomed the 13,892 teu APL Esplanade, the largest vessel to call at Buenaventura, Colombia. The vessel is 369 m long, equivalent to approximately four professional football fields, and has a width of 51 m. Puerto Aguadulce has claimed that having welcomed a ship of this size highlights the importance, capacity and competitiveness […]
• Port of Immingham receives electric RTGs as part of expansion project January 13, 2020
  The Port of Immingham has received six electric rubber-tyred gantry (E-RTG) cranes, as part of a project to expand its container terminal. Project Pilgrim is a £33m (US$43m) upgrade to Immingham Container Terminal to future proof the terminal, extend its footprint and improve the service to customers. In particular, it aims to increase the space, […]
• Container xChange: Few freight forwarders offer shipper owned container shipments January 13, 2020
  Only 18% of the 50 largest freight forwarders are able to offer Shipper Owned Containers (SOCs) due to difficulties handling SOC shipments operationally, a report by online platform Container xChange has found. The platform organised a mystery shopping-style experiment with two fake companies asking for containers to be exported from China to Hamburg with 45 […]
• SeaCube receives 5,000 new Carrier Transicold refrigeration systems January 10, 2020
  SeaCube Containers has expanded its inventory with 5,000 new 40 ft high-cube containers refrigerated by Carrier Transicold PrimeLINE systems, as it looks to keep pace with shipping lines’ demand for leased reefer units. The additions include 4,000 containers equipped with PrimeLINE refrigeration units and 1,000 PrimeLINE ONE refrigerated containers. Bob Sappio, CEO of SeaCube, said: […]
• New daily rail connection from Felixstowe to East Midlands Gateway January 10, 2020
  A new daily rail connection has been established between the Hutchison Ports’ facility at the Port of Felixstowe and Maritime Transport’s newly opened East Midlands Gateway. It is the 36th daily rail service to be introduced at Felixstowe, the UK’s largest container port, and it aims to cater for the ever-growing demand for rail. Clemence […]
• COSCO Pacific: Misdeclared lithium batteries identified as cause of fire January 9, 2020
  Improperly declared lithium battery cargo has been identified as the cause of a fire on board Chinese COSCO Shipping containership COSCO Pacific. Under the International Maritime Dangerous Goods (IMDG) Code batteries, regardless of the chemical used, are characterised as dangerous goods due to their corrosive character. This means that, in order to be stored correctly […]
• CMA CGM and Port of Dunkirk inaugurate cold ironing system for shore power January 9, 2020
  Looking to reduce shore side emissions from vessels, the Port of Dunkirk has inaugurated its cold ironing facilities, with the arrival of CMA CGM’s APL Singapura at the Terminal des Flandres. By plugging into an onshore electricity supply, container ships calling at port can shut down their auxiliary engines while still getting the power they […]

News from CN – Container News

• MSC announces fresh rates from IPAK to Europe January 22, 2020
  MSC announces the following freight rates as from February 5th, 2020 until further notice but not... The post MSC announces fresh rates from IPAK to Europe appeared first on Container News.
• POLB & POLA terminal gates closure notice January 22, 2020
  PierPass Inc. has been notified that the International Longshore and Warehouse Union (ILWU) will observe a s... The post POLB & POLA terminal gates closure notice appeared first on Container News.
• Feeder suffers pirate attack in Gulf of Guinea January 22, 2020
  A container ship suffered an armed attack whilst underway approximately 45nm West Southwest of Brass, Nigeri... The post Feeder suffers pirate attack in Gulf of Guinea appeared first on Container News.
• EU-Vietnam free trade deal gets green light January 22, 2020
  The Committee on International Trade backed the free trade and investment protection agreements between the EU and Vietnam on Tuesday, January 21. The committee gave its consent to the free trade agreement by 29 votes, six votes against and five abstentions and recommends that EP Plenary should do the same. The agreement will remove virtually […]
• Collaboration key to meeting climate targets January 22, 2020
  International Maritime Organization (IMO) general secretary Kitack Lim has called for collaboration from all... The post Collaboration key to meeting climate targets appeared first on Container News.
• Daily bunker index – Jan. 22 January 22, 2020
  The cost of very low sulphur fuel oil (VLSFO) has continued to fall as has the price of 380 heavy fuel oil (... The post Daily bunker index – Jan. 22 appeared first on Container News.
• DP World attacks on workers’ rights, MUA says January 22, 2020
  DP World, which is the largest stevedore in Australia employing more ... The post DP World attacks on workers’ rights, MUA says appeared first on Container News.
• Yilport to enhance European terminals with Konecranes equipment January 22, 2020
  Konecranes has signed contracts with Yilport for the delivery of Automated RTG systems to three of Y... The post Yilport to enhance European terminals with Konecranes equipment appeared first on Container News.
• French strikes affect Maersk’s operations January 22, 2020
  Maersk says that France’s ongoing nationwide strikes a... The post French strikes affect Maersk’s operations appeared first on Container News.
• HMM-BPTC consortium tipped to operate new Busan terminal January 22, 2020
  Hyundai Merchant Marine’s (HMM) consortium with Busan Port Terminal Corporation (BPTC) has been named the ... The post HMM-BPTC consortium tipped to operate new Busan terminal appeared first on Container News.

News from Tradewinds

• Seamen's Church Institute hires new director January 22, 2020
• IMO leader 'shares concerns' with environmentalists January 22, 2020
• Shipowners gear up for ESG demand despite strong challenges January 22, 2020
  While sustainability requirements are becoming the norm, a bad public image and high investment costs are weighing on industry players, a Marine Money forum was told
• Scrubber-fitted ships have 'significantly higher' price tag January 22, 2020
• France builds support for European response to Middle East Gulf tensions January 22, 2020
• Ellis out, Kelleher in as Chembulk Tankers CEO in management shakeup January 22, 2020
  Bart Kelleher takes reins while Art Regan becomes executive chairman
• Odfjell sued after Galveston Ship Channel collision January 22, 2020
  Raymond Herrera Jr was one of the two fishermen the US Coast Guard spent three days looking for, to no avail
• Fulford-Smith calls on energy majors to support shipping January 22, 2020
  Affinity (Shipping) chief says big ships fuel shift will start with LNG and tells owners to “get on the pathway” to 2050
• Cosco tanker and boxship companies to post $1bn profit January 22, 2020
  Chinese state giant says it has coped well with adverse external factors as tanker rates rose
• Brazil-to-China capesize earnings plunge to 10-month low January 22, 2020
  Exports from South American nation slumping, as futures promise little relief

News from The Loadstar

• On the wires: Expeditors feels the hurt, sheds $1.4bn value in three days January 22, 2020
  “We recognise that our revenue and earnings will be below prior-year results and analyst consensus estimates. However, we do not believe this to be a business model/performance issue and instead believe it ties more closely to the business environment in which we are operating.” – Jeffrey S. Musser, president and chief executive officer of Expeditors, […]
• THE Alliance launches 20-21 network schedule, with fewer weekly services January 22, 2020
  THE Alliance yesterday published its 2020-21 network, which will launch on 1 April. And despite the incorporation of HMM and its newbuild ULCVs, THE Alliance (THEA) will still lag behind its 2M and Ocean alliance rivals in terms of the number of services and big ships deployed between Asia and North Europe, according to Alphaliner. […]
• US transpacific imports from Asia decline for the first time in a decade January 22, 2020
  Chinese transpacific container shipments to the US declined by over 1m teu last year, representing a 10.8% volume drop and the first overall volume decrease on the route since 2009. According to new analysis from Alphaliner, total volumes from Asia to the US fell 2.5%, as surging volumes out of other Asian countries failed to […]
• K+N restructures Asia Pacific operations for ‘a new dimension of growth’ January 22, 2020
  Kuehne + Nagel has consolidated its Asia Pacific operations into one regional headquarters, in Singapore. The Swiss forwarding giant said the restructuring would “accelerate” its growth across the region and allow it to “target an even stronger role in logistics all over Asia”. It added: “With immediate effect, the new Asia Pacific region, with about […]
• On the wires: Klaus-Michael Kuehne focuses on capital strength ahead of a ‘large’ M&A transaction? January 22, 2020
  “In an interview with German newspaper FAZ, K+N’s majority owner Mr Kuehne mentioned that he favours a balanced dividend payout policy so that K+N can build up reserves.” – UBS, 21 January.  Just a quick take on Kuehne + Nagel (K+N) as once again this week the Swiss 3PL is under the spotlight, following a short […]
• Yet another Europe-Asia container capacity crunch rears its head January 21, 2020
  2M alliance partners Maersk and MSC have advised their North European customers of five void Asia sailings in March, and the members of the Ocean and THE alliances are expected to confirm a similar number of cancellations. A Maersk customer advisory said: “The blankings are occurring in connection with the blanked westbound sailings due to […]
• Shipping’s bill for meeting IMO 2050 emissions target could be $1.4trn January 21, 2020
  The financial cost of meeting the International Maritime Organization’s 2050 shipping industry emission targets could be as much as $1.4 trillion over the next 30 years. The sum – equivalent to the Spain’s national GDP return last year – would be spent on helping shipping reach the 2050 target of emitting just 50% of 2008 […]
• Hong Kong port loses a million teu as PRD undergoes a ‘transformation’ January 21, 2020
  Hong Kong’s container volumes fell by over a million teu last year, pushing the transhipment hub down to eighth place in the global container port rankings. The port’s throughput fell 6.3%, to 18.36m teu, down more than 1.2m teu on 2018, according to figures from the Hong Kong marine department. By comparison, Shanghai maintained its […]
• Market Insight: K+N clicks ‘undo’ in Asia – here’s the new ‘unified regional management team’ January 21, 2020
  You might have well read the latest reorganisational news – recreational, for some – concerning Kuehne + Nagel’s (K+N) activities in Asia Pacific (APAC) released on Monday… … and here is what it means for Premium, which is pleased to provide a bit more “colour” on the managers involved in its latest corporate shuffle. In a […]
• Hapag-Lloyd signs slot charter deal for rival alliance’s Asia-North Europe strings January 20, 2020
  THE Alliance lead line Hapag-Lloyd has signed a slot charter agreement with rival 2M alliance partners Maersk and MSC to start in March. On Friday, the German carrier said: “The addition of these services will enable Hapag-Lloyd to offer an even higher frequency of weekly departures and more routing options, as well as to directly […]

News from Transport Topics

• Boeing 737 Max Production Will Resume in the Spring, Says New CEO January 22, 2020
  David Calhoun also said he believes passengers will fly on the Max when federal regulators say it is safe and they see airline pilots getting on the plane.
• Dupré Logistics, Hoyer Group Team to Create Hoyer Bulk January 22, 2020
  A pair of recent deals are reshaping the structure of companies that serve the energy and bulk-hauling sectors in North America.
• Port of L.A. Chief Gene Seroka Warns of Damage From Trade War January 22, 2020
  In his annual State of the Port address Jan. 16, Port of Los Angeles Executive Director Gene Seroka cautioned that using tariffs to punish rival trading partners may be “the new normal.”
• FedEx Ground Begins FedEx Home Delivery on Sundays January 22, 2020
  FedEx Ground has started delivering FedEx Home Delivery packages on Sundays for the majority of the U.S. population, according to parent company FedEx Corp.
• Uber Tests Letting Some California Drivers Set Their Own Fares January 22, 2020
  The feature is being tested across some airport routes “to preserve flexible work” for California drivers, a spokesman said.
• Analysis: Connecticut Transportation Account Has Gained $3.7 Billion From General Fund Since 2003 January 22, 2020
  The Connecticut Office of Policy and Management released an analysis revealing that funding has been diverted from the General Fund to support the Special Transportation Fund in nearly every state budget since 2003.
• Phillips 66, REG Halt Development of West Coast Renewable Diesel Plant January 22, 2020
  Refiner Phillips 66 and Renewable Energy Group Inc. announced they are discontinuing their joint effort to construct a large-scale renewable diesel plant in Ferndale, Wash., due to permitting delays and uncertainties.
• Perspective: An Unexpectedly Good Job Market January 22, 2020
  With labor market data for the 2010s behind us after the employment report released earlier this month, the big takeaway for the decade is that a much higher level of employment was possible without generating inflation.
• GM’s Cruise Unveils New Robotaxi Concept January 22, 2020
  The service still being developed by GM’s Cruise subsidiary will rely on a boxy, electric-powered vehicle called “Origin” that was unveiled late Jan. 21 in San Francisco amid much fanfare.
• Michael Bloomberg Proposes $1 Trillion Public Works Plan January 22, 2020
  Bloomberg hasn't yet said how he'll fund the plan, but the campaign said those details will be part of his forthcoming tax plan.
• Amazon, DHL Among Founding Members of New Electric Vehicle Coalition January 22, 2020
  Amazon and DHL are initial members of a new industry group set up to help companies electrify their vehicle fleets and support policies that enable electrification.
• Mnuchin Leverages Auto Tariff Threats Against Digital Taxes January 22, 2020
  U.S. Treasury Secretary Steven Mnuchin dangled the prospect of retaliatory tariffs on automobile imports if an issue with France's technology companies tax isn't resolved.
• Toyota, Honda Recall 6 Million Vehicles for Faulty Air Bags January 22, 2020
  The Toyota recall concerns air bags that may not inflate; the Honda recall covers air bags that may hurl shrapnel at drivers and passengers.
• Daimler Tests Whether Household Waste Can Be Used in Car Parts January 22, 2020
  Daimler AG agreed to test recycled waste produced by Israel’s UBQ Materials Ltd. to see if it’s viable for use in car parts for new vehicles.
• Mark-It Express Grows With Acquisition January 21, 2020
  Mark-It Express Logistics is expanding operations with the acquisition of the operating assets of Spirit Trucking Co., the company announced Jan. 17.
• David Parker, Trucking Professional, Marine and Attorney, Dies at 80 January 21, 2020
  David Robert Parker, 80, of Boulder, Colo., died Jan. 16, after a yearlong battle with brain cancer, according to his family. He was a longtime trucking executive and civic leader within American Trucking Associations.
• Tesla Criticizes Acceleration Petition Filed to NHTSA January 21, 2020
  Tesla Inc. fired back against a petition filed with U.S. regulators, saying in a blog post Jan. 20 that it’s “completely false and was brought by a Tesla short seller.”
• Diesel Falls 2.7¢ to $3.037 Per Gallon January 21, 2020
  The U.S. average retail price of diesel fell 2.7 cents to $3.037 a gallon, the Department of Energy reported Jan. 21.
• Trucking Recognizes Efforts on Capitol Hill to Combat Human Trafficking January 21, 2020
  Several members of Congress were honored recently by Trucking Cares Foundation for their efforts in fighting human trafficking. Here's your Capitol Agenda look at the week ahead for trucking on Capitol Hill.
• Trump Administration Dials Back Plan to Gut Auto Mileage Rules January 21, 2020
  A draft of the final rule, now undergoing a final White House review, includes several changes that could make it easier to defend in court and more palatable to some automakers that had refused to publicly endorse the earlier proposal.