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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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...
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...
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 —...
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 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...
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...
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...
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...
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...
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, […]
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 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 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 […]
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 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 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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
Parsippany, N.J., and Surabaya, Indonesia, May 16, 2018 – INTTRA, the largest neutral network, software... The post INTTRA Adds Salam Pacific Indonesia Lines to its Carrier Network appeared first on Container News.
Shanghai, May 18th, 2018 – JSC RZD Logistics, the largest intermodal logistics operator In the ... The post RZD Logistics and China Merchants Group agreed on the organization of transit container services appeared first on Container News.
APM Terminals Callao hosted an EU delegation of ambassadors representing 12 EU member states. Led by... The post EU Ambassadors visit Peru’s largest multipurpose terminal appeared first on Container News.
Port congestion in Rades (Tunisia) is causing severe disruptions of our services and additiona... The post CMA CGM, Emergency Port Congestion Surcharge in Rades, Tunisia appeared first on Container News.
Kerry Logistics Honoured with Two Wins at 2018 AFLAS Awards, Crowned Best 3PL and Best Logistics Ser... The post Kerry Logistics Honoured with Two Wins at 2018 AFLAS Awards appeared first on Container News.
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 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 […]
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 […]
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 […]
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 […]
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 […]
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% […]
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 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 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 […]
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.
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 […]
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.
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.
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.
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.
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.
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.
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 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.
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.
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.