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RSS News from Containerization International

RSS News from JOC Journal of Commerce

  • US truck, intermodal pricing bump against record highs May 21, 2018
    Most shippers say they can’t remember a US transportation market with capacity as tight and pricing as extreme. And shippers say securing capacity is still their priority, despite rates rising by double digits. Photo credit: Shutterstock.com. Trucking analysts are running out of superlatives and stretching farther for comparisons to describe the...
  • APM Terminals NY-NJ upgrade advances with new cranes May 21, 2018
    When finished, the terminal expects to be able to handle three mega-ships at once in an effort to give shippers a smoother, more efficient gateway for cargo. (Above: The Port of New York and New Jersey.) Photo credit: Shutterstock.com. A $200 million modernization of the APM Terminals facility at the Port...
  • EU, India bare tariff teeth May 21, 2018
    Apples were the third-largest US export to India in the first quarter, and will soon be subject to a tariff of 30 percent. Photo credit: Shutterstock.com. The European Union (EU) and India notified the World Trade Organization (WTO) of the US exports they would target in retaliation for US tariffs on...
  • Intermodal/rail sees an opportunity in Europe’s barge congestion, trucker shortage May 21, 2018
    Amid rise container volumes propelled by Europe/global economic growth, intermodal/rail has an opportunity to win transport market share, due to the continent’s barge congestion and truck driver shortage. (Above: A rail yard near Hamburg, Germany.) Photo credit: Shutterstock.com. LONDON — Europe’s rail freight operators are pulling out all the stops to...
  • Rail-mounted crane boosts hope for Chittagong congestion relief May 21, 2018
    Congestion at the port is at its worst during the May-September, trans-Pacific, peak shipping season, but officials hope the additional capacity and introduction of round-the-clock operations will result in less congestion this year. (Above: Chittagong Port.) Photo credit: Shutterstock.com. Officials are hopeful that cargo flow and efficiency will increase at Chittagong...
  • Quebec port’s container terminal plans raise questions of feasibility, Montreal’s future May 21, 2018
    The Port of Quebec’s plan to build a container terminal represents a competition threat to Montreal — but the new facility, while offering an economies of scale/mega-ship advantage, nevertheless must address a logistics factor — one that may affect shipper transport decisions. (Above: The Port of Quebec.) Photo credit: Shutterstock.com. The...
  • Supply chain execs: Resistance to change holds back container shipping May 21, 2018
    A lack of change management across the industry is frustrating moves to digitalize key processes and focus on adding value, according to industry professionals who attended the Global Liner Shipping conference. (Above: The Port of Hamburg.) Photo credit: Shutterstock.com. HAMBURG — Resistance to using existing technology to tackle long-standing and inefficient...
  • Philadelphia ILA mulls coastwide contract withdrawal to check non-ILA terminals May 18, 2018
    The International Longshoremen's Association (ILA) has been battling non-ILA competition at the Delaware River terminals for more than two decades. (Above: The Port of Philadelphia.) Photo credit: Port of Philadelphia. The International Longshoremen’s Association (ILA) at the Port of Philadelphia and Port of Wilmington is looking for a way to remove...
  • Old Dominion Freight Line is in an LTL ‘horse race’ May 18, 2018
    Finding capacity for shippers and increasing Old Dominion’s less-than-truckload (LTL) market share to 15 percent are key goals for Greg C. Gantt, the company’s new CEO. Photo credit: Old Dominion Freight Line. A fast-growing US economy is fueling not just a steady increase in less-than-truckload (LTL) rates, but a battle for...
  • Trans-Pac spot rates rise, positioning for summer-autumn peak season May 18, 2018
    Beneficial cargo owners prefer predictability in the rate cycle because it helps them to budget for their transportation costs. (Above: The Port of Los Angeles.) Photo credit: Shutterstock.com. After two years of disruption that included expansion of the Panama Canal, the Hanjin Shipping Co. bankruptcy, a series of high-profile carrier mergers,...
  • Truckers defy court order, block road near Santos strike site May 18, 2018
    As a result of the customs officers' strike and the recent truckers' blockade at Santos, there are reports that more than 4,000 containers per day are being delayed, with some shippers waiting more than 22 days for their cargo. Photo credit: Shutterstock.com. In addition to the customs officers’ strike, Port of...
  • Asia-ECSA volume, rates rise, but capacity increases lag May 18, 2018
    Although volumes and rates on the Asia to east coast South America trade are rising, capacity is not keeping pace, and one substantive business model reason may be at the heart of why ocean carriers are reluctant to ramp up service. (Above: The Port of Santos.) Photo credit: Shutterstock.com. Market fundamentals...
  • India braces for nationwide port stoppage after JNPT trucker boycott May 18, 2018
    The coalition of unions wants what it termed "three core job issues" addressed, which it says officials agreed to in August 2017. Photo credit: Shutterstock.com. A consortium of the dominant dockworker unions at India’s major public ports has threatened a nationwide work stoppage May 28, increasing pressure on authorities as they...
  • Port of Charleston, railroads extend gate hours May 18, 2018
    The Port of Charleston and CSX Transportation and Norfolk Southern Railway have extended their terminal hours owing to emergency cable repairs on the James B. Edwards Bridge over the Wando River. (Above: The Port of Charleston, South Carolina.) Photo credit: Shutterstock.com. The Port of Charleston and two Class I railroads —...
  • Asia-Europe carriers to hike rates as bunker fuel costs rise May 18, 2018
    Hapag-Lloyd wants a significant increase in spot rates on the Asia-North Europe and Asia-Mediterranean trades from June 1. Photo credit: Hapag-Lloyd. Rate increase announcements are starting to come in from carriers on the Asia-North Europe and Mediterranean trades as a steadily rising bunker fuel price increases unit costs and undermines profitability. Bunker...
  • As ocean carriers retreat, NVOCCs offer door contracts May 17, 2018
    As some ocean carriers retreat from offering door contracts to beneficial cargo owners, non-vessel operating common carriers that have developed working relationships with truckers over the years are stepping in to secure truck capacity at competitive rates in today’s tight US trucking market. (Above: Cargo at the Port of Los...
  • Truckers: Rule change threatens NY-NJ port drayage capacity May 17, 2018
    Shippers that send cargo through the Port of New York and New Jersey may want to monitor the outcome of the debate over how a truck driver is defined — as an independent contractor or an employee — to determine whether a trucking group is correct that a change in...
  • Parcel TMS spring up to meet e-commerce surge May 17, 2018
    E-commerce is generating new challenges for shippers, from international customs declarations to choosing the best option for shipment. Photo credit: Shutterstock.com. An optical equipment manufacturer’s use of a transportation management system (TMS) highlights an avenue for shippers to better control the way they handle parcel shipments, which according to a study...
  • Maersk calls propel APM Terminals Pipavav volume gain May 17, 2018
    APM Terminals Pipavav's strong uptrend illustrates how much the private, minor port benefited from a Maersk Line intra-Asia call. Photo credit: APM Terminals Pipavav. After a long, seesaw freight volume trend, due to prolonged weak demand and ever-growing competition in India’s west coast region, APM Terminals Pipavav bounced back dramatically in the last...
  • Costs weigh on Maersk, but carrier reiterates 2018 profit guidance May 17, 2018
    Amid what the company called challenging market conditions, Maersk’s CEO said the first-quarter performance was “unsatisfactory," but the report was not without its positives; the company underscored that it has implemented initiatives to improve profitability and reiterated its 2018 earnings guidance. Photo credit: Shutterstock.com. Maersk Group became the latest major container...

RSS News from Container Management

  • Ashdod increases crane capacity as competition looms May 22, 2018
    Israel’s Port of Ashdod is increasing the height of two ship-to-shore (STS) cranes at a cost of €8m (US$9.14m) in preparation for new competition. The work was commissioned by the facility’s operator, the Ashdod Port Company, with the cranes being raised by 9 m to 44 m, making them the highest STS cranes in Israel, […]
  • East African ports pose investment risks, consultancy warns May 22, 2018
    Foreign investors pumping money into East African port projects face risks such as poor governance, volatile geopolitics and mounting public debt, according to risk consultancy Allan & Associates. A number of ports located on or near the Horn of Africa, such as the Doraleh Container Terminal (DCT) in Djibouti, the Port of Berbera in Somaliland […]
  • Lyon Terminal opts for two Liebherr reachstackers May 21, 2018
    Lyon Terminal has received the first of two LRS 545 reachstackers ordered from Liebherr, with the second to arrive by the end of the year. The river port of Lyon, located on the Rhone River with a direction connection to the Mediterranean Sea, handled 137,000 teu in 2017. The French logistic company is known for its […]
  • Cress launches RTG energy capture, storage and reuse system May 21, 2018
    Cress Systems has commercially released its ProwESS energy capture, storage and reuse system for container terminal yard handling equipment following a proof of concept trial at the Port of Felixstowe. The first version of the system has been designed for rubber-tyred gantry (RTG) cranes with a second version under development for straddle carriers. Originally developed in […]
  • Port of Baro orders Konecranes Gottwald mobile harbour crane May 18, 2018
    The Port of Baro, the northernmost port in Nigeria, has ordered a Konecranes Gottwald Model 2 mobile harbour crane, to be mainly used for handling containers and general cargo. Nigerian company First Index Project and Services Ltd., operating as a public sector supplier, purchased the diesel-electric crane for the National Inland Waterways Authority (NIWA). The […]
  • Maersk performance in first quarter “unsatisfactory” May 18, 2018
    Maersk made an underlying loss of US$239m in the first quarter of 2018 as higher unit costs, owing to bunker price rises and worse exchange rates, hit its container shipping segment. The conglomerate’s revenue grew by 30% to US$9.3bn – 10% excluding  Hamburg Süd – although this failed to lift the gloom from a difficult […]
  • Kalmar to supply three RTGs to Port of Buatan May 17, 2018
    Kalmar has concluded a deal with Riau Andalan Pulp & Paper (RAPP) to supply three SmartPower rubber-tyred gantry (RTG) cranes for its container yard at the Port of Buatan in Indonesia. RAPP, a subsidiary of APRIL Group – one of the world’s leading producers of pulp and fine papers – operates a pulp and paper […]
  • MSC ceases Iran operations May 17, 2018
    MSC is ceasing to provide access to services to and from Iran following President Donald Trump’s decision to withdraw the US from the Iran nuclear deal. The Switzerland-based carrier noted in a statement that it had made the decision “in consideration of the impending US withdrawal from the Joint Comprehensive Plan of Action (JCPOA), and […]
  • TS Lines purchases 1,000 PrimeLine reefers May 16, 2018
    Taiwan’s TS Lines has purchased 1,000 PrimeLine container refrigeration units from Carrier Transicold as it looks to expand its capacity catering to the intra-Asia trade. The carrier’s refrigerated capacity will increase by around 24%, with the units to be installed on a combination of 20 ft and 40 ft containers. High cooling capacity and rapid […]
  • Steady growth at HHLA May 16, 2018
    Container volumes increased by 2.6% at Hamburger Hafen und Logistik AG (HHLA) in the first quarter of 2018, driven by growth in Asian traffic. An 8.9% rise in Asian traffic was partially offset by a lower share in feeder traffic and higher storage fees, with revenue increasing moderately by 4.9% to €192m (US$227m). Angela Titzrath, chairwoman […]
  • Antwerp receives Silk Road train May 15, 2018
    The first train exclusively destined for the Port of Antwerp as part of China’s Belt and Road Initiative (BRI) has arrived at the Belgian hub. The train left the Chinese port of Tangshan in late April and travelled via the border crossing of Alashankou, Kazakhstan, Belarus, Poland and Germany to reach its final destination, having […]
  • UPS opens logistics hub at London Gateway May 15, 2018
    Logistics provider UPS has opened a 32,000 sq m package sorting and delivery facility worth US$163m (£120m) at DP World London Gateway Logistics Park. The new building will act as a UK package processing hub and distribution centre for the local area as well as a gateway to UPS’s global logistics network, with capacity to […]
  • APL cuts carbon dioxide emissions May 14, 2018
    American President Lines (APL) cut CO2 emissions by roughly 5% in 2017 compared to 2016, making it the eight consecutive year the carrier has achieved a reduction. APL also registered fuel savings of almost 5%, and the carrier attributed both achievements to operational efficiencies, fleet and voyage optimisation, and the deployment of a fuel-efficient fleet […]
  • Los Angeles operator plans US$70m investment May 14, 2018
    American terminal operator Eagle Marine Services (EMS) will invest over US$70m on equipment and technology at its Pier 300 terminal at the Port of Los Angeles in 2018. The operator is five months into a value creation programme and has ordered four new ZPMC super post-Panamax cranes, six Mitsui hybrid rubber-tyred gantry (RTG) cranes and 18 […]
  • Navis releases updated terminal operating system May 11, 2018
    Navis has released the newest version of its terminal operating system (TOS), N4, which it said is focused on supporting performance and scalability for mega terminal activity. The new N4 3.6 is capable of supporting terminals with a throughput of up to 12m teu, and the company said the software offers a solution for terminals […]
  • Hapag-Lloyd extends CEO’s contract May 11, 2018
    German carrier Hapag-Lloyd’s supervisory board has extended the contract of current CEO, Rolf Habben Jansen, to March 2024. The contract was set to expire in 2019, and the board unanimously agreed to a five year extension. Michael Behrendt, chairman of the supervisory board, said: “With Rolf Habben Jansen at the head, Hapag-Lloyd has further improved […]
  • ICTSI posts volume growth in first quarter May 10, 2018
    Filipino operator International Container Terminal Services, Inc. (ICTSI) posted steady operational and financial results in the first quarter of 2018, with throughput reaching 2.33m teu. This year-on-year volume growth of 2% was attributed to improvements in emerging markets such as ICTSI Iraq and ICTSI Democratic Republic of Congo. The new Victoria International Container Terminal (VICT) and […]
  • Shipping lines told to wind down Iranian business May 10, 2018
    The US administration has given shipping lines 6-months to leave or cease operations with Iran following President Donald Trump’s decision to withdraw the US from the Iran nuclear deal. Those who do not comply will ‘face exposure to sanctions or an enforcement action under US law’ according to documentation relating to the withdrawal from the deal, formally […]
  • Sri Lanka Ports Authority posts net profit growth May 9, 2018
    The Sri Lanka Ports Authroity (SLPA) posted a revenue of Rs45.6bn (US$289.56m) in 2017, with net profit growing from Rs1.03bn (US$8.26m) in 2016 to Rs13.3bn (US$84.46m). The SLPA’s state-run terminals suffered a difficult first three quarters in 2017, especially the Jaya Container Terminal (JCT), but they bounced back in the fourth quarter as the authority […]
  • Panama Canal adds daily slot May 9, 2018
    The Panama Canal has added an additional daily booking slot to its neo-panamax locks, taking the total to eight. The additional slot will be effective from the start of June, 2018 to meet increased demand following the Canal’s expansion two years ago. Jorge Quijano, Panama Canal Administrator, said: “This increase allows us to offer our […]

RSS News from CN – Container News

RSS News from Tradewinds

RSS News from The Loadstar

  • Will shippers abandon undamaged Maersk Honam boxes after more delay? May 22, 2018
    Although the fire-ravaged Maersk Honam is due to berth at Jebel Ali today, the discharge of its undamaged containers is likely to be further delayed. Surveyors representing P&I clubs and local authorities will want to carry out detailed inspections. The 15,262 teu vessel caught fire on 6 March in the Arabian Sea, which cost the lives of five crew […]
  • MSC tries ‘last-resort’ emergency surcharge to offset rising cost of fuel May 21, 2018
    MSC is the first ocean carrier to react to diminishing returns caused by soaring fuel costs and announce an emergency bunker surcharge across its services. It said that, with oil at now around $80 per barrel, the situation was “no longer sustainable without emergency action”. In a customer advisory today, it added: “The continued surge in […]
  • Hamburg loses further ground to north Europe rivals as it waits for deeper water May 21, 2018
    The port of Hamburg’s inability to maximise ship loads is causing it to fall further behind neighbour container terminals in Northern Europe. The impact of the river Elbe’s draught restrictions has become more pronounced with the advent of larger vessels, which cannot maximise capacity – as the port’s latest quarterly results show. First-quarter figures from the German […]
  • Analysis: tie-up with a major forwarder the next step for CMA CGM after CEVA? May 21, 2018
    The entrance of CMA CGM into the logistics industry last month, when it joined the capital raise and IPO of CEVA Logistics was more a game-changer for the latter than for the French carrier, but it did reinforce my view that the shipping company might be reaching a point where stock investors could comfortably accept […]
  • Cargo may face life in the slow lane after Brexit May 21, 2018
    More woe on the Brexit front: Zeebrugge – according top Bloomberg – has repeated its calls that a UK withdrawal from the EU single market will result in a “lose-lose” scenario all round. Belgium’s number-two port has strong ties with the UK, with some 17m tonnes of goods travelling between Zeebrugge and three British ports. The […]
  • Maritime trade heading for chaotic start to new sulphur regulations May 21, 2018
    The International Chamber of Shipping (ICS) is warning of the potential for “chaos and confusion” in the implementation of the IMO’s 0.5% sulphur cap on 1 January 2020. While fully supporting the regulation, the ICS is concerned that maritime trade could be “dangerously impeded” by the lack of availability of low-sulphur fuel in ports around […]
  • Storm clouds darken on Asia-Europe box trade as carriers struggle with rates May 18, 2018
    The storm clouds on the major east-west container trades continued to darken this week as attempts to hike freight increases appeared to falter and fuel costs continued to rise. On the key Asia to Europe tradelane, spot rates – which account for over 50% of the liftings and heavily influence contract rates – are some 16% […]
  • P&R’s million missing boxes puzzle German prosecutors May 18, 2018
    Reuters is reporting that insolvent shipping container lessor P&R may have another problem. The administrator charged with dealing with the insolvency has discovered the company sold 1m more containers than it had on its books. According to the report, the “discrepancies” began more than a decade ago. As a result, the Munich prosecutor’s office has […]
  • MSC expands intermodal shipping services via port of Trieste May 18, 2018
    MSC Mediterranean Shipping Company S.A. is enhancing intermodal connections via the port of Trieste, Italy, to improve transit times for shippers moving cargo between Asia, the Mediterranean and Europe. The post MSC expands intermodal shipping services via port of Trieste appeared first on The Loadstar.
  • Maersk sets course for cost-cutting programme after unveiling first-quarter losses May 17, 2018
    Maersk Line will cull unprofitable services, cut capacity and reduce feedering in an urgent bid to stem losses caused by a toxic mix of low freight rates and soaring fuel costs. The refocused Maersk Group recorded an net loss of $239m in the first quarter across its Ocean, Logistics & Services, Terminals & Towage and […]

RSS News from Transport Topics

  • Charleston Bridge Closure Stymies Freight, Passenger Traffic May 22, 2018
    An emergency interstate bridge closure in Charleston, S.C., has snarled passenger and freight traffic around the area, which is home to the state’s most prominent port.
  • FMCSA’s Ray Martinez Seeks Dialogue With Fleets, Drivers May 21, 2018
    MARCO ISLAND, Fla. — The head of the Federal Motor Carrier Safety Administration spotlighted key trucking issues — including hours-of-service rules, electronic logging devices and truck parking — during remarks here at an industry meeting, and stressed that he wants his agency to build a positive relationship with fleets and drivers.
  • Large-Truck Fatal Crashes up 3% in 2016, FMCSA Final Report Says May 21, 2018
    A new Federal Motor Carrier Safety Administration data drill-down report showed that the number of trucks involved in fatal crashes increased in 2016 by 3% from 2015, but said the “critical pre-crash event” for 73% of large trucks in fatal crashes was another vehicle, person, animal or object in the truck’s lane or encroaching into […]
  • Diesel Rises for 9th Straight Week, Up 3.8¢ to $3.277 May 21, 2018
    The U.S. average retail price of diesel fuel rose 3.8 cents to $3.277 a gallon, the ninth straight week that trucking’s main fuel has gone up in price, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration on May 21.
  • US Puts ‘Trade War’ Against China on Hold, Mnuchin Says May 21, 2018
    The Trump administration won’t impose tariffs on Chinese products for now, after the two nations made progress on trade issues during two days of talks, Treasury Secretary Steven Mnuchin said.
  • Wi-Fi in the Road? Kansas City Start-Up Developing ‘Smart’ Pavement May 21, 2018
    Self-driving cars have captured the limelight when it comes to how you’ll get around in the future, but one Kansas City technology start-up is looking at the road itself.
  • Continental Offers ELD Rebate May 21, 2018
    Six months after most commercial trucks were required to have a working electronic logging device, Continental Automotive Systems is offering fleets and owner-operators a “do over” if they are unhappy with the ELD they decided upon last year.
  • XPO’s Joseph Hicks Wins Big in Rhode Island Truck Rodeo May 21, 2018
    The 3-axle class at the Rhode Island Truck Driving Championships was dominated by Joseph Hicks of XPO Logistics.
  • Drone Deliveries Ready to Soar in Japan, but Issues Linger May 21, 2018
    Amazon.com wowed the world in 2013 with a video purporting to show what the future of the delivery industry would look like. But are we any closer to that now? The answer seems to be no — at least in Japan.
  • Capitol Agenda for the Week of May 21: Summer in the City May 21, 2018
    After we dig out those picnic baskets from our coat closets, and pack the car with beach umbrellas, towels and sunblock, we’ll mentally prepare ourselves to sit inside our cars with our loved ones in bumper-to-bumper traffic this Memorial Day. A look at the week ahead for trucking on Capitol Hill.
  • Crossword Puzzle Solution May 21, 2018 May 21, 2018
    Here's the solution to the crossword puzzle found in the May 21, 2018 print edition.
  • Daseke Creates Fleet Services Unit, Continues Purchasing Trend May 21, 2018
    Flatbed and specialized transportation carrier Daseke Inc., which has been in the throes of expansion — adding seven fleets last year and one so far in 2018 — has created a new unit to improve the way it buys, sells and maintains the thousands of pieces of equipment it operates.
  • World Trade, Safety at Risk From New Fuel Rule, Ocean Shipping Group Says May 21, 2018
    A group representing the vast majority of the world’s ship owners said world trade is at risk if issues surrounding new fuel rules aren’t resolved quickly, providing the starkest warning yet as to the potential impact of regulations that are due to enter into force in less than two years’ time.
  • Canada, Mexico Signal NAFTA Deal Could Be Up to Trump May 21, 2018
    With about two weeks left until what may be the final deadline for a new NAFTA this year, Mexico and Canada are signaling there’s a deal to be had — if President Donald Trump wants one.
  • Tennessee Carrier Settles With USPS on Double-Billing Allegations May 21, 2018
    Tracie McCormick Inc., doing business as McCormick Trucking, has agreed to pay $750,000 to settle allegations the company double billed the United States Postal Service for hauling mail, the U.S. Attorney for the Middle District of Tennessee announced.
  • Daimler, Deutsche Telekom Settle Toll-Collection Dispute May 21, 2018
    Daimler AG and Deutsche Telekom AG agreed to a 3.2 billion-euro ($3.8 billion) deal with the German government, ending a spat over the clunky start of a system to collect truck tolls that had become one of the country’s longest-running legal disputes.
  • Gov. John Kasich Opens Ohio Roads to Autonomous Testing May 21, 2018
    Ohio’s public roads and highways are open to autonomous vehicle testing as mandated in an executive order recently signed by Gov. John Kasich.
  • Doggett Buys Arkansas Truck Dealership May 21, 2018
    Leslie Doggett Industries purchased privately held Truck Centers of Arkansas and also gained distribution rights for Freightliner and Western Star trucks and parts in 45 counties in Arkansas and three counties in Oklahoma.
  • Deere to Raise Prices as Raw Materials, Tight Capacity Push Costs Higher May 18, 2018
    Deere & Co. plans to raise prices as the world’s biggest farm-machinery manufacturer is buffeted by rising costs for freight and raw materials.
  • Trump Wanted to Double Amazon Postal Rates, Washington Post Says May 18, 2018
    President Donald Trump pushed U.S. Postal Service officials to double package delivery rates paid by Amazon.com Inc. and other companies, the Washington Post reported, highlighting that his beef with the e-commerce giant and founder Jeff Bezos goes beyond tweets.
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January 2018

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