[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...
[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...
[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)...
[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...
[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...
[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...
[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...
[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...
[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...
[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...
[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...
[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...
[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...
[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...
[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...
[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...
[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...
[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...
[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,...
[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,...
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
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
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
‘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
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
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
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
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
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
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
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 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 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 […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
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 […]
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 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. […]
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 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 […]
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, […]
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 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: […]
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 […]
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 […]
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 […]
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.
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 […]
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.
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.
“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 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. […]
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 […]
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 […]
“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 […]
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 […]
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’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 […]
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 […]
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 […]
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.
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.
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.
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.
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.
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.