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News from JOC Journal of Commerce

• Shippers need plan to navigate next ELD phase December 13, 2019
  [caption caption="Many shippers were caught by surprise when the ELD mandate helped tighten capacity in 2017. Photo credit: Shutterstock.com"][/caption]Are shippers ready for the next phase of the US electronic logging device (ELD) mandate? They should be, but if past history is any guide, they may not be the case. Those...
• LBCT, ILWU share in terminal automation success December 13, 2019
  [caption caption="Job jurisdiction is paramount in automation projects, and the ILWU from day one participated in sensitive discussions involving staffing and worker training at the Long Beach Container Terminal (above). Photo credit: Shutterstock.com."][/caption]Employers and longshore unions don’t agree on much when it comes to automation, but Long Beach Container Terminal...
• Container lines increase detention/demurrage penalties December 13, 2019
  [caption caption="APL will charge a new $75 customs clearance administrative fee beginning Jan. 1 on any container held for inspection, the first known US example of such a charge. Photo credit: Shutterstock.com."][/caption]Four ocean carriers have informed customers in recent weeks of an increase in detention and demurrage penalties for 2020...
• US to cancel, reduce some tariffs under partial trade deal with China December 13, 2019
  [caption caption="Tariffs being canceled ahead of their implementation Sunday involve a 15 percent levy on $160 billion worth of Chinese goods, including cell phones and laptops. Photo credit: Shutterstock.com."][/caption](This story has been updated with details of the “Phase One” US-China trade deal released Friday.)The United States and China have agreed...
• UK election result brings measure of clarity on Brexit December 13, 2019
  [caption caption="Trucks queuing at the Port of Dover could face even longer waits after Brexit when customs checks on cargo will be required. Photo credit: Shutterstock.com."][/caption]While there remains little enthusiasm for the UK’s exit from the European Union among those with regional supply chains, the landslide reelection of the Conservative...
• Asia-Med spot rate soars on pre-CNY demand amid capacity cuts December 13, 2019
  [caption caption="Spot rates on the Asia-Mediterranean trade posted a dramatic increase this week, lifted by a confluence of supply and demand factors. Photo credit: Shutterstock.com."][/caption]Spot rates soared by almost 30 percent on the Asia-Mediterranean trade this week, hitting a level not seen in more than two and a half years,...
• Sponsored: Untapped software possibilities between TMS, CRM December 13, 2019
  Sponsored: Undiscovered areas for software to expand exist in the grey space outside of transportation management and customer relationship management systems, Winmore Software's John Golob explains. Golob discusses breaking out of the Excel and email routine and identifying areas for data integration, automation.2019 JOC LogTech Conference...
• Q4 Drewry Market Forecast: Breakbulk & Project Cargo December 13, 2019
  Drewry's Head of Research Products Martin Dixon on fleet and rate projections for breakbulk and project cargo, uncertainty around tariffs, oil prices, and the shipping cost implications for cargo owners of the IMO 2020 low-sulfur fuel regulation.2019 JOC Container Trade Europe Conference, Hamburg, Germany...
• Holiday shopping spurs truckload spot rates December 12, 2019
  [caption caption="The average DAT dry van spot rate for the week ended Dec. 8 was $1.94 per mile, the best average since January. Photo credit: Shutterstock.com."][/caption]Truckload spot rates surged in the first week of December, rising to their highest level since January as the holiday retail season kicked into higher...
• Hapag-Lloyd tabs Blume for digital drayage help December 12, 2019
  [caption caption="Shippers are starting to expect container lines to connect the dots on data and execution between modes, one of the drivers of Hapag-Lloyd turning to Blume to help manage drayage data. Photo credit: Shutterstock.com."][/caption]German container line Hapag-Lloyd next month will begin using software from logistics solutions provider Blume Global to...
• YRC reports double-digit drop in LTL tonnage December 12, 2019
  [caption caption="YRC’s regional carriers, which include Reddaway, also saw a deep plunge in tonnage in November, blamed in part on the industrial slowdown. Photo credit: Reddaway, YRC Worldwide."][/caption]YRC Worldwide says it is facing a “freight volume headwind” caused by an industrial freight slowdown, as US manufacturers struggle to boost production....
• ONE bolsters NYSHEX trans-Pacific presence December 12, 2019
  [caption caption="Maersk and NYSHEX are currently offering guaranteed ocean freight contracts, but the number of options available to shippers is expected expand in the months ahead. Photo credit: Shutterstock.com."][/caption]Half of the top 10 container lines plying the trades between the United States and Asia now offer mutually enforceable ocean freight...
• Montreal truckers tap AI for smarter port drays December 12, 2019
  [caption caption="Next-day truck turn time predictions are the latest initiative by the Port of Montreal in its effort to maintain fluidity at port container terminals. Photo credit: Shutterstock.com."][/caption]Truckers at the Port of Montreal can now make container pick-up and drop-off decisions based on artificial intelligence (AI)-driven predictions of next-day terminal...
• Box rules hold back interoperable chassis pools: truckers December 12, 2019
  [caption caption="Drayage operators in Los Angeles-Long Beach and Savannah-Charleston spend too much time repositioning chassis, truckers say. Photo credit: Shutterstock.com."][/caption]Port authorities in Southern California and the southeastern United States share the same goal of promoting truly interoperable chassis pools designed to eliminate the costly repositioning of chassis by truckers, but...
• APMT joint venture widens Cosco’s Med footprint December 12, 2019
  [caption caption="The Northern Italy port of Vado Ligure, near Genoa, will have a capacity of more than 1 million TEU when the new joint venture terminal with Cosco that opened Dec. 12 is fully operational. Photo credit: Shutterstock.com."][/caption]APM Terminals’ new $500 million Vado Gateway terminal, a joint venture with Cosco...
• ODFL looks for added value in ELDs as final deadline looms December 11, 2019
  [caption caption="ODFL needed an ELD that could be used by multiple drivers at LTL terminals. Photo credit: Old Dominion Freight Line."][/caption]Switching from automatic onboard recording devices (AOBRDs) to electronic logging devices (ELDs) is a lot more complicated than throwing a switch, as Old Dominion Freight Line (ODFL) discovered. The less-than-truckload...
• Terminal automation will progress, slowly: analyst December 11, 2019
  [caption caption="The TraPac Los Angeles terminal is one of two fully automated terminals on the West Coast, where a third automated terminal is on the way. Photo credit: Hugh R. Morley."][/caption]Terminal automation is likely to increase globally due to the wide range of benefits to operators that go beyond labor...
• Europe’s Green Deal wants shipping included in emissions trading December 11, 2019
  [caption caption="The shipping industry would prefer to self-regulate its decarbonization moves, rather than fall under Europe’s emissions trading system. Photo credit: Shutterstock.com."][/caption]Shipping’s long-running campaign to remain outside Europe’s emissions trading system (ETS) and continue regulating itself received a blow Wednesday as the European Green Deal was unveiled in Brussels.European Commission...
• Breakbulk & Project Cargo December 11, 2019
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• El Dorado December 11, 2019
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News from Lloyd’s List – Containers

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• UK industry urges new government to work on boosting maritime December 13, 2019
  Seafarers, ports and the wider industry faces challenges ahead, industry groups warn new UK government      Related StoriesAbducted crew member dies as three more are releasedTrafigura sees inefficiencies in bunker delivery supporting freightShipping eyes possible short-term boost from growth in biofuels 
• The Top 100: a tale of tension, transition and trade wars December 13, 2019
  Geopolitical tension and trade hostility were among the overriding themes of 2019; the Lloyd's List Top 100 People seeks to...      Related StoriesTen women influencing shipping in 2019The 10 influential women in shipping 2019IMO 2020 will benefit US oil producers and refiners, White House official forecasts 
• MSC says faulty data behind pollution claims December 13, 2019
  Carriers that offload feedering to third parties will have a cleaner environmental record than those that do their own feeder...      Related StoriesAbducted crew member dies as three more are releasedUK industry urges new government to work on boosting maritimeTrafigura sees inefficiencies in bunker delivery supporting freight 
• APM Terminals opens Vado Gateway terminal December 13, 2019
  Maersk’s latest terminal in Italy will be semi-automated and able to serve the largest container vessels      Related StoriesAbducted crew member dies as three more are releasedUK industry urges new government to work on boosting maritimeTrafigura sees inefficiencies in bunker delivery supporting freight 
• Andy Tung to leave OOCL’s helm December 13, 2019
  His re-designation signals a formal handover of the helm at the Hong Kong-based shipping line to his Cosco Shipping colleague...      Related StoriesAPM Terminals opens Vado Gateway terminalOcean freight prices rebounding after post-peak dipShipping remains cautious on US-China trade deal 
• Ocean freight prices rebounding after post-peak dip December 13, 2019
  Higher costs for fuel and scrubber installations are being passed on to customers      Related StoriesAbducted crew member dies as three more are releasedUK industry urges new government to work on boosting maritimeTrafigura sees inefficiencies in bunker delivery supporting freight 
• Shipping remains cautious on US-China trade deal December 13, 2019
  Economists have expressed optimism by revising up the growth forecasts for both countries next year, but warned the deal should...      Related StoriesAbducted crew member dies as three more are releasedUK industry urges new government to work on boosting maritimeTrafigura sees inefficiencies in bunker delivery supporting freight 
• ONE to offer slots on Nyshex December 12, 2019
  ONE will start posting offers on the exchange this month for transpacific eastbound trade      Related StoriesAwards night sees Greek shipping alive with the possibilities of the newEuropean Commission unveils plan to regulate shipping emissionsLloyd's List Europe Awards 2019 winners revealed 
• Awards night sees Greek shipping alive with the possibilities of the new December 11, 2019
  Surprising number of awards this won by relatively new companies, albeit driven by well-experienced teams      Related StoriesAbducted crew member dies as three more are releasedUK industry urges new government to work on boosting maritimeTrafigura sees inefficiencies in bunker delivery supporting freight 
• Boxship owners in race for scrubber retrofits December 11, 2019
  Costs rise for scrubber retrofits as the increasing spread between low-sulphur and high-sulphur fuel looks set to reduce payback time      Related StoriesAbducted crew member dies as three more are releasedUK industry urges new government to work on boosting maritimeTrafigura sees inefficiencies in bunker delivery supporting freight 

News from Container Management

• MSC hits back over climate criticism December 13, 2019
  MSC has claimed it is strongly committed to reducing CO2 emissions and supporting long term goals to fully decarbonise shipping following criticism from NGO Transport & Environment (T&E) over its environmental record. Research from T&E found that the carrier would be the eight biggest carbon emitter in the EU if shipping was part of the bloc’s emissions […]
• Report identifies Northport as best solution to take on New Zealand’s growing freight needs December 13, 2019
  Northport should be developed to take on much or all of Auckland’s existing and projected future freight business as significant growth is projected for New Zealand’s freight needs, a report has recommended. Released by the Upper North Island Supply Chain Strategy Working Group, the report identifies that the Port of Auckland’s CBD freight operation is […]
• US West Coast ports see volumes slip, citing tariffs December 12, 2019
  Container volumes dropped in November at the biggest ports on the US West Coast, as the effects of tariffs continue to impact US trade. The Port of Los Angeles handled 728,918 teu last month, representing a 12% decrease compared to last year. After 11 months of 2019, total volumes are down 0.4%. Port of Los […]
• Gaussin to supply 70 tonne driverless electric vehicles to Russia December 12, 2019
  Gaussin has signed an agreement with the Port of Bronka, Russia, to supply it with 70 tonne driverless electric vehicles. The port, which is located on the Baltic coast 40 km away from Saint Petersburg, has an annual freight capacity of 25 tonnes. With the new vehicles, the Port of Bronka aims to improve the […]
• New US$4m mobile harbour crane for Port of Progreso December 11, 2019
  APM Terminals (APMT) Yucatán has commissioned a US$4m mobile harbour crane (MHC) that, once fully implemented, should increase operational efficiency by around 40%. The Terex 5506, which measures 36 m high, has a 51-m boom and a 125 tonne lifting capacity, arrived at the Port of Progreso, Mexico, on the BBC Switzerland. Martijn Koolen, general […]
• New weekly export train connecting JN Port to North India December 11, 2019
  Together with the Container Corporation of India (CONCOR), Jawaharlal Nehru Port Trust (JNPT) has announced the commencement of a weekly scheduled export train from ICD Ludhiana in northern India to JN Port. The service every Saturday is meant to ensure faster evacuation of export containers destined for JNPT from a market including the states of […]
• Navis enters into agreement to acquire Jade Logistics December 10, 2019
  Navis, a part of Cargotec Corporation, has entered into an agreement to acquire the assets of Jade Logistics, which provides the Master Terminal terminal operating system (TOS) for mixed cargo. Adding Jade Master Terminal to its portfolio of systems, which already includes N4 and Octopi, Navis will be able to offer the flexibility of the […]
• MSC’s climate credentials criticised after becoming top 10 EU carbon emitter December 10, 2019
  MSC’s environmental record has been challenged after analysis from NGO Transport & Environment (T&E) indicated the shipping line would be the eight biggest carbon emitter in the EU if shipping was part of the bloc’s emissions trading system (ETS). Having emitted 11m tonnes of CO2 in 2018, the carrier joins airline Ryanair and eight coal […]
• DaChan Bay Terminals: First in South China to supply shore power across all berths December 9, 2019
  DaChan Bay Terminals has become the first container facility in South China to offer shore power at all its berths. The second phase of the shore power installation, which began on February 25, 2019, has been officially concluded and accepted by relevant authorities. Preliminary acceptance was granted in late September by the China Classification Society […]
• Container terminal at Port of Gothenburg to be fossil fuel free by 2020 December 9, 2019
  APM Terminals (APMT) Gothenburg has launched a climate strategy aiming to become fossil fuel free by 2020, while supporting the port authority’s goal to reduce carbon emissions by 70% by 2030. In order to achieve these goals, a machine park will be completely run on renewable fuels, rail-borne freight will need to be doubled and […]
• New tunnel improves connectivity for Suez Canal Container Terminal in Egypt December 6, 2019
  New 3rd July tunnel under the Suez Canal just south of Port of Said helps offer faster access to the Suez Canal Container Terminal (SCCT) and improves its position to become Egypt’s primary gateway terminal. Full export containers are now completing security checks, which include passing through one of six dedicated x-ray scanners, and crossing […]
• ICTSI to double container capacity at terminal in DR Congo December 6, 2019
  International Container Terminal Services, Inc. (ICTSI) has initiated with its local partners the second phase expansion of Matadi Gateway Terminal (MGT), located 92 miles upstream on the left back of the Congo River in DR Congo. The second phase expansion will more than double MGT’s annual throughput capacity to 400,000 teu, as the operators aim […]
• Total to supply LNG to CMA CGM’s future 15,000 teu ships December 5, 2019
  CMA CGM has signed an agreement with Total for the supply of approximately 270,000 tonnes per year of Liquefied Natural Gas (LNG) over 10 years. This volume will help to cover the supply at the Port of Marseille-Fos, which CMA CGM has chosen for the bunkering of its future 15,000 teu container ships that will […]
• DP World widens end-to-end service offering with Feedertech acquisition December 5, 2019
  Unifeeder, a fully owned subsidiary of DP World, has announced the acquisition of a 77% stake in Feedertech Group, enabling it to expand its feedering and short-sea services into Asia, the Indian Subcontinent and the Gulf trades. The deal, which is expected to close in Q1 2020, is the latest step in DP World’s strategy […]
• Maersk launches Captain Peter visibility tool December 4, 2019
  Maersk has launched its new visibility tool, Captain Peter, as part of its revamped Remote Container Management (RCM) platform. The avatar aims to reduce some of the daily hassles and complexities of shipping for Maersk’s customers while it assists them along the journey of their cargo. Since its launch in September 2017, over 3,600 companies […]
• New Argentine government urged to analyse transport matrix before modernising Port of Buenos Aires December 4, 2019
  With the opening of offers for the tender to modernise the Port of Buenos Aires postponed until March 2020, the incoming Argentine government should prioritise creating a thorough transport plan for the whole country according to several port experts. Olaf Merk, ports and shipping expert at the International Transport Forum (ITF), part of the OECD, […]
• APM Terminals Moín handles largest container ship to visit Costa Rica December 3, 2019
  APM Terminals (APMT) Moín has received the MSC Sara Elena, the largest container ship to ever berth in Costa Rica, measuring 300 m long and with a capacity of 8,000 teu. In 337 lifts, exports of key Costa Rican exports, included pineapples and bananas, were loaded onto the Sara Elena destined for Rotterdam. The vessel […]
• HHLA sets goal to become climate neutral by 2040 December 3, 2019
  Hamburger Hafen und Logistik AG (HHLA) aims to become climate neutral by 2040 through increasing its efforts to protect the climate and conserve resources. Its already successfully implemented sustainability strategy will now be realised under the ‘Balanced Logistics’ brand as part of the company’s commitment to its goal. Titzrath said: “We are well aware of […]
• CMA CGM to sell terminals and ships worth US$2bn to fund Ceva acquisition December 2, 2019
  CMA CGM is aiming to raise US$2bn from the sale of terminals and vessels to support its acquisition of Ceva Logistics. Nearly half the funds – US$955m – will be raised by selling a portfolio of ten terminals located in Asia, Europe, the Middle East and the Caribbean to Terminal Link, its own joint venture […]
• New approach bridge installed at Tilbury2 December 2, 2019
  A 360 tonne bridge has been lifted into place as part of construction of a roll-on roll-off (ro-ro) facility for the new port terminal, Tilbury2, at the Port of Tilbury. The approach bridge is the first of three components to be installed over the next few months by GRAHAM in order to build the ro-ro […]

News from CN – Container News

• APL launches intra-Asia service December 13, 2019
  APL announces the launch of Asia Subcontinent Express 8 (AS8), a weekly direct service from... The post APL launches intra-Asia service appeared first on Container News.
• Navis to acquire Jade Logistics December 13, 2019
  Navis has entered into an agreement to acq... The post Navis to acquire Jade Logistics appeared first on Container News.
• OOCL to withdraw several Trans-Pacific sailings December 13, 2019
  In response to the expected market downturn in the Lunar New Year period, OOCL announces the withdrawal of t... The post OOCL to withdraw several Trans-Pacific sailings appeared first on Container News.
• Cargo volumes dip in Long Beach December 13, 2019
  Tariffs continue to affect trade at nation’s second-busiest port The post Cargo volumes dip in Long Beach appeared first on Container News.
• MSC announces a blank sailing from Asia December 13, 2019
  MSC announces a blank sailing during week 1 to rationalize the capacity supply from Asia to the US West Coas... The post MSC announces a blank sailing from Asia appeared first on Container News.
• OOCL to withdraw several Europa-Asia sailings December 11, 2019
  In response to the expected low demand in the market, OOCL announces the withdr... The post OOCL to withdraw several Europa-Asia sailings appeared first on Container News.
• Port of NY and NJ attracts the world’s largest vessels December 11, 2019
  On November 30th, the Neopanamax container ship Theseus arrived at the Port’s... The post Port of NY and NJ attracts the world’s largest vessels appeared first on Container News.
• Khalifa Bin Salman Port celebrates a decade of contribution to Bahrain’s economic development December 11, 2019
  An invaluable part of Bahrain’s national infrastructure and growth The post Khalifa Bin Salman Port celebrates a decade of contribution to Bahrain’s economic development appeared first on Container News.
• Savannah continues to build container volumes December 11, 2019
  The Port of Savannah moved 363,000 twenty-foot equivalent container units in No... The post Savannah continues to build container volumes appeared first on Container News.
• New mobile crane increases APM Terminals Yucatán’s productivity by 40% December 11, 2019
  APM Terminals Yucatán, located in the Port of Progreso, Mexico saw t... The post New mobile crane increases APM Terminals Yucatán’s productivity by 40% appeared first on Container News.

News from Tradewinds

• Deutsche Bank set to trim small cap firms from shipping coverage December 13, 2019
  Five names expected to fall from German bank's roster of 21 listed owners as analysts take on other sectors.
• US-China trade deal another positive for tankers, LNG December 13, 2019
• NYK forms joint venture to provide FPSO to Petrobras December 13, 2019
  22-year deal is fourth such project for Brazilian oil company
• Crewman dies as three other Greek tanker hostages freed December 13, 2019
  Shipowner says seafarers released after being kidnapped on 4 November
• First Elba Island LNG cargo loading gets underway in US December 13, 2019
  Maran Gas Maritime vessel looks set to be the first vessel
• Bimco opposes shipping's inclusion in EU emissions-trading scheme December 13, 2019
  Shipowners' body says climate ambitions will not be achieved by Europe acting alone
• UK shipping stocks jump as Brexit uncertainty blown away by election December 13, 2019
  Tanker group James Fisher leads the way among maritime shares following Tory landslide
• MSC hits back after naming and shaming in pollution list December 13, 2019
  Swiss boxship giant disputes figures and says it is committed to greener shipping
• Chandris carries out first S&P deal since 2018 December 13, 2019
  Greek shipowner returns to the secondhand market amid strong tanker earnings prospects
• Former Icon Offshore boss heads for pastures new December 13, 2019
  Malaysian OSV company now on the look-out for new chief operating officer

News from The Loadstar

• Xmas bonus for box carriers as demand soars and spot rates rocket December 13, 2019
  Container spot rates to the Mediterranean rocketed by more than 40% this week, according to today’s Shanghai Containerized Freight Index (SCFI). Rates from Asia to Mediterranean ports increased by $312, to $1,083 per teu, and are now some 30% higher than a year ago. Carriers on the route have not only succeeded in getting their […]
• APMM’s Vado Gateway container terminal finally open for business December 13, 2019
  Maersk’s container terminal operating arm, APM terminals (APMT), has opened its long-awaited Vado Gateway facility in Italy, capable of handling the largest box ships. The facility boasts automated yard operations and, in the first phase, a 450-metre quay with a depth alongside of 17.25 metres. In July next year, the quay will be 700 metres. […]
• MSC defends its carbon footprint December 13, 2019
  After seeing its name in the wrong headlines this week, the world’s second-largest shipping line, MSC, has moved to defend its carbon emission record, reports Splash247 today. Earlier this week, environmental lobby group Transport & Environment claimed MSC was Europe’s eighth-worst emitter of greenhouse gases. In response, the company claimed its new class of ULCVs were […]
• On the wires: Skou pilots Maersk to one record after another. Unstoppable on all counts? December 13, 2019
  “Bac Ninh, Vietnam — on December 11th, 2019, the official opening ceremony for the new logistics centre took place in Bac Ninh, Vietnam in the presence of Danish Ambassador to Vietnam Mr. Kim Højlund Christensen, Vietbeko Head of Supply Chain Mr. Quang Le and Maersk senior executives.” – AP Møller-Mærsk (APMM), “Maersk expands in North Vietnam […]
• Supply chain radar: Expeditors – I do it my way December 13, 2019
  It’s been a while since Seattle-based Expeditors (EXPD) filed with the US Securities and Exchange Commission (SEC) its written answers in reply to selected investors’ queries. Having now caught up with the latest, I must admit there are some relevant operational tidbits contained in its 8-K update, dated 26 November. After our recent coverage, where we commented […]
• Scrubber pioneer MSC the worst-hit by delay as ships queue at yards for retrofitting December 12, 2019
  Another containership fitted with an exhaust gas cleaning system (scrubber) is added to the global fleet every 10 hours, according to Alphaliner data.  However, the race to get scrubbers retrofitted on ships ahead of IMO 2020 regulations on 1 January has resulted in a significant extension of the budgeted downtime for many vessels. Some vessels are taking up […]
• Competition in the Gulf heats up as Abu Dhabi unveils plan to boost port capacity December 12, 2019
  The Middle East container terminal transhipment market is set to become more competitive after Abu Dhabi announced this week that its container handling capacity would jump by 50%. The emirate’s port authority inveiled a $600m development in its South Quay area and Khalifa Port Logistics, as well as $435m expansion at Abu Dhabi Terminals (ADT). […]
• Qwyk’s sailing scheduling links with DB Schenker’s online despatch system December 12, 2019
  Logistics start-up Qwyk has signed up DB Schenker for its digital sailing schedule platform. Founded in Rotterdam in 2017, Qwyk claims to offer the “world’s largest” platform of sailing schedules, from over 90 carriers, providing integration with 3PLs, freight forwarders and shippers. DB Schenker will integrate Qwyk’s schedules under its Ocean 4.0 system platform, which […]
• Market Insight: Toll Group – the bell is tolling for Mr Mullen December 12, 2019
  I had a long chat with a senior Deloitte manager out of the United States some time ago and he warned me about the perils of trying to address logistics issues with a touch of genius that only consultancy firms enjoy at times. What works on paper, he argued, is often not worth the paper […]
• Are carriers boosting low-sulphur fuel surcharges to make up for low rates? December 11, 2019
  Low-sulphur surcharges announced by ocean carriers on 1 December show “significant variations”, even within alliances, according to Alphaliner analysis. As The Loadstar reported last Friday, carriers appear to have succeeded in passing on most of the perceived cost implications of IMO 2020 to the spot market and short-term shipper contracts, but the consultant questioned the […]

News from Transport Topics

• Harvest Partners Acquires Lazer Spot From Greenbriar Equity December 13, 2019
  Harvest Partners said its managed funds have acquired Lazer Spot Inc. from Greenbriar Equity Group LP.
• Tesla Zealotry on Street Fades as Focus Shifts to Fundamentals December 13, 2019
  The perpetual war between Tesla Inc.’s bears and bulls may finally be simmering down.
• Volvo to Test Electric Trucks in Europe December 13, 2019
  Volvo Trucks announced it has developed electric concept trucks for construction operations and regional distribution.
• Autonomous, New Technology Merit NTSB’s Attention, Nominee Tells Senate Panel December 13, 2019
  The National Transportation Safety Board needs to ensure technical skills are available and staff expertise is maintained to address concerns related to autonomous vehicles and new technology, nominee Thomas Chapman told a Senate panel Dec. 11.
• Democrats, GOP Reach Deal to Avert Government Shutdown December 13, 2019
  Lawmakers from the House and Senate have reached a bipartisan deal to fund the government before the Dec. 20 spending deadline, according to Nita Lowey, the New York Democrat who chairs the House Appropriations Committee.
• Oil Reaches Three-Month High Above $60 on US-China Trade Pact December 13, 2019
  Oil rose above $60 a barrel for the first time in almost three months after the U.S. and China agreed on the text of a partial trade deal, giving a boost to the fragile outlook for global oil demand.
• Trump Says US, China Have Reached Deal December 13, 2019
  WASHINGTON — President Trump said Dec. 13 that the U.S. has canceled plans to impose new tariffs on $160 billion worth of Chinese imports Dec. 15 as part of a modest interim agreement that de-escalates a 17-month trade war between the world’s two biggest economies.
• Pennsylvania Freight Rail Track Gets $700,000 for Rehabilitation December 13, 2019
  The Pennsylvania Department of Transportation awarded $700,000 to Pittsburgh Intermodal Terminals Inc. to improve about 1 mile of freight rail track to bolster operations and generate jobs in Beaver County.
• XPO to Close Missouri Logistics Facility, Wiping Out 166 Jobs December 13, 2019
  HAZELWOOD, Mo. — A logistics facility will close here, eliminating 166 jobs, according to a notice filed with the state.
• California Considers Requiring Zero-Emission Truck Sales December 13, 2019
  SACRAMENTO, Calif. — The country’s most populous state could become the first to require a portion of new truck sales be electric or “zero emission” vehicles as California grapples with how to clean up its worst-in-the nation air quality.
• FCC Approves Proposal to Proceed With 5.9 GHz Changes December 12, 2019
  WASHINGTON — Despite opposition from leading transportation groups, the Federal Communications Commission on Dec. 12 unanimously moved to proceed with a proposal that would devote a significant aspect of auto safety airwaves to broadband uses, with a remainder for a new cellular connected-vehicle technology.
• Trump Approves U.S.-China Trade Deal to Halt Dec. 15 Tariffs December 12, 2019
  President Donald Trump signed off on a phase-one trade deal with China, averting the Dec. 15 introduction of a new wave of U.S. tariffs on about $160 billion of consumer goods from the Asian nation, according to people familiar with the matter.
• Industry Leaders: Celadon Drivers, Others Recently Laid Off Likely to Find Work December 12, 2019
  Recent headlines concerning the trucking industry’s economy have been somewhat foreboding, but industry leaders are optimistic workers laid off can find new jobs.
• Ford Adding to Austin Self-Driving Car Operation December 12, 2019
  Ford Motor Co. is adding to its self-driving car testing operation in Austin, saying Dec. 11 it has secured two pieces of real estate that will be central to the project.
• Freight Stakeholders: USMCA Is ‘Victory’ for Industry December 12, 2019
  Freight stakeholders expressed strong support for the recent agreement reached by congressional Democrats and the Trump White House on a new trade deal with Canada and Mexico, as the U.S. House readies a vote on the deal before the end of the year.
• FMCSA Issues Final Rule for States to Comply With Clearinghouse Requirements December 12, 2019
  The Federal Motor Carrier Safety Administration announced Dec. 12 a final rule extending by three years the date for state driver's licensing agencies to comply with certain Drug and Alcohol Clearinghouse requirements.
• Federal Judge Approves First Stage of Celadon Bankruptcy Plan December 12, 2019
  Celadon Group on Dec. 10 appeared in a federal bankruptcy court in Wilmington, Del., the day after it announced plans to file for Chapter 11 bankruptcy and wind down its operations under the weight of huge debt obligations and a weakening trucking market.
• Celadon Group Top 10 Unsecured Creditors December 12, 2019
  Here are the top unsecured creditors that are not company employees listed in Celadon’s bankruptcy petition.
• Roadrunner President Michael Gettle Steps Down December 12, 2019
  Roadrunner Transportation Systems Inc. President and Chief Operating Officer Michael Gettle is leaving the company, the less-than-truckload and truckload carrier announced Dec. 11.
• Sen. Roger Wicker Addresses Impaired Driving, Hair Testing in New Bill December 12, 2019
  Legislation seeking to improve drug testing for employees in safety-sensitive transportation posts was easily advanced by a U.S. Senate panel on Dec. 11.