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Bertram Rickmers set to surrender control of ailing shipowner
Bruce Barnard, Special Correspondent |
Bertram Rickmers has offered to give up control of Rickmers Holding.
Breakbulk carriers
New intermodal park to support doubled Mundra capacity
India Special Correspondent |
The battle for market share in India's northwestern hinterland will heat up further in the coming months.
Marine terminals
Indonesia pushes for lower handling costs at ports
Turloch Mooney, Senior Editor, Global Ports |
The move is seen as another step in an ongoing campaign to reform the country's port and shipping network.
Marine terminals
Forwarders warn Shanghai congestion could last weeks
Greg Knowler, Senior Editor Europe |
More information is beginning to come in on the mounting vessel delays at Shanghai's Yangshan port.
Maritime
TransFX wants to help shippers hedge against truck rate hikes
William B. Cassidy, Senior Editor |
If it gets regulatory approval, a futures market for truck freight rates, based on DAT data, could help shippers mitigate pricing risks as the market gets more volatile.
Truckload
Truck brokers
Brazil takes first step toward privatizing port authorities
Rob Ward, Brazil Special Correspondent |
Brazilian President Michel Temer is following through on a promise to privatize Brazilian port authorities.
Transport, Trade and Regulation News
Grimaldi adds Veracruz to trans-Atlantic ro-ro loop
JOC Staff |
Grimaldi is enhancing a service it began in 2015.
Breakbulk carriers
India looks to aid port development in Sri Lanka
India Special Correspondent |
New Delhi’s interest in Trincomalee could be a response to China’s growing influence in the Indian Ocean.
International ports
Detention-demurrage fight heats up for last word to FMC
Mark Szakonyi, Executive Editor |
The fight underscores how explosive the petition is becoming.
Transport, Trade and Regulation News
Container lines
North American ports
Marine terminals
Fog, larger alliance ships cause massive Yangshan delays
Greg Knowler, Senior Editor Europe |
Poor conditions are exacerbating the challenges brought about by the new alliances at the port of Yangshan off the coast of Shanghai.
Container lines
European 'digital' trains offer real-time container visibility
Bruce Barnard, Special Correspondent |
The digital innovation “will give rise to a new generation of freight trains.”
International rail
Crowded Persian Gulf port market ripe for consolidation
Turloch Mooney, Senior Editor, Global Ports |
Competition among ports in the region is heating up.
International ports
NY-NJ port upgrades equipment to cut emissions
Hugh R. Morley, Senior Editor |
Terminals at the Port of New York and New Jersey will mark Earth Day by using low emissions yard tractors and cargo-handling equipment.
North American ports
US shippers turn collaborative as logistics gets more complex
William B. Cassidy, Senior Editor |
Facing tougher customer demands and more supply chain complexity, shippers increasingly want and need to collaborate with transportation partners. It doesn't happen overnight.
Truckload
LTL
Truck brokers
OL International acquires project capability with Orion Marine
Joseph Bonney, Senior Editor |
"It’s a new market presence for our company.”
Breakbulk News
Longview port tilts toward windmill handling trend
JOC Staff |
This week’s windmill-blade shipment was the first of three booked through Longview this year.
Breakbulk News
Antwerp container growth slows
Bruce Barnard, Special Correspondent |
Overall throughput increased 1.5 percent.
International ports
ClearMetal bets predictive cargo booking can help transform industry
Hugh R. Morley, Senior Editor |
ClearMetal believes AI and machine learning integrated into its software can retool the industry by offering more accurate container passage predictions.
Logistics Technology News
Survey: Shipper displeasure with ocean carriers grows
Bruce Barnard, Special Correspondent |
Shippers and freight forwarders were increasingly dissatisfied with container lines through 2016.
Container lines
Europe air cargo rallies on ocean slot shortage
Bruce Barnard, Special Correspondent |
European airlines accounted for half of the increase in global air cargo traffic to a five-year high in 2016.
Air Cargo Carriers News
Amended Indian import tax targets container lines
India Special Correspondent |
Transport and logistics services providers in India are disappointed and bewildered at government changes to a controversial tax.
Transport, Trade and Regulation News
Container lines
Kobe, Osaka ports upgrade cranes, pursue 200,000 teus
Tomoo Yatsuhashi, Japan Special Correspondent |
The largest cranes at the ports of Kobe and Osaka can now serve ships with 22 rows and 18 rows of containers, respectively.
International ports
Marine terminals
JB Hunt profit falls on lower truck, rail rates
Reynolds Hutchins, Associate Editor |
J.B. Hunt’s less optimistic outlook could be an early indicator of what to expect from Class I railroads and trucking companies’ first-quarter earnings to be released over the next several weeks.
Truckload
If you build a port-adjacent, three-story DC, will BCOs come?
Bill Mongelluzzo, Senior Editor |
Prologis says first US port-adjacent, multi-story distribution facility in Seattle could be followed by others in major port cities.
Industrial Real Estate News
XPO wins union elections at two of three facilities
William B. Cassidy, Senior Editor |
XPO Logistics won victories over the Teamsters in elections at two facilities, but the union won a vote in New Jersey.
Trucking labor
LTL
US shippers expect pinch, not capacity crunch, from ELDs
William B. Cassidy, Senior Editor |
Shippers and logistics operators at recent conferences didn't expect a massive capacity crunch to follow the rollout of an electronic logging mandate this year, but truckers warned there will be an impact.
Truckload
Drayage
LTL
Truck brokers
Trans-Pac spot rates slip awaiting peak season demand
Bill Mongelluzzo, Senior Editor |
Spot rates in eastbound Pacific continue single-digit decline.
Container lines
Indian dockworker strike postponed
India Special Correspondent |
If negotiations fail, it would be the second nationwide stoppage at major ports in two years.
Longshore labor
Transport, Trade and Regulation News
US truckload spot rate ramp-up hints at higher contracts
Reynolds Hutchins, Associate Editor |
Modest, sustained, and earlier-than-usual rate increases this spring in the spot market should be a canary in the coal mine for shippers with longer term contracts.
Trucking News
LTL
Trans-Pac bidding drags on absent decided advantage
Bill Mongelluzzo, Senior Editor |
Carriers in most cases have kept the rate on the West Coast that they charge their largest customers above $1,000 per feu container.
Container lines
Asia-Europe spot market begins to inch up
Greg Knowler, Senior Editor Europe |
There was only a slight upward movement of spot rates on Asia-Europe, according to the SCFI.
Maritime
FMC's Cordero tapped to lead Long Beach port
Bill Mongelluzzo, Senior Editor |
Former Long Beach harbor commissioner and current FMC member will return to Southern California to become executive director of Port of Long Beach.
North American ports
NY-NJ appointment system expanding as turn times contract
Hugh R. Morley, Senior Editor |
The operator of the Port of New York and New Jersey’s first ever terminal gate appointment program is expanding the 4-month-old pilot initiative.
North American ports
Drayage
Tech gives US shippers edge in truck contracting
William B. Cassidy, Senior Editor |
Knowledge is power in contract talks, shippers at the NASSTRAC conference say.
LTL
Truck brokers
Brazil's Suape moves forward on new terminal plan
Rob Ward, Brazil Special Correspondent |
The northeast Brazilian port of Suape is seeking developers of what could become the country’s most valued container terminal.
International ports
India’s Pipavav port shifts focus to liquid and ro-ro cargoes
India Special Correspondent |
International ports
First quarter is best ever for Rotterdam TEU growth
Bruce Barnard, Special Correspondent |
Container traffic at the port of Rotterdam grew 8.8 percent in the first three months of the year, the biggest ever quarterly increase.
International ports
Container lines
Alibaba sellers gain access to K+N’s surface and sea services
Hugh R. Morley, Senior Editor |
Kuehne + Nagel signs agreement with Alibaba to send goods by sea, rail, and truck.
Logistics Technology News
Truckload buyouts to follow Swift-Knight deal, Schneider IPO
William B. Cassidy, Senior Editor |
Knight-Swift merger, Schneider public offering, seen triggering more truckload acquisitions, consolidation, and soon.
Truckload
US NW port alliance delivers operational, financial benefits
Bill Mongelluzzo, Senior Editor |
Seattle and Tacoma are operating more efficiently and profitably since they formed the Northwest Seaport Alliance.
North American ports
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