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US truckers expect Trump-fueled rate bump
William B. Cassidy, Senior Editor |
Speakers at the SMC3 Jump Start 2017 conference expect truckload and LTL rates to move up, modestly, in 2017.
Truckload
LTL
Trans-Pac carriers reaped far less from 2016 spot rates
Greg Knowler, Senior Editor Europe |
Carriers operating on the trans-Pacific earned significantly less per FEU on the spot market in 2016 than they did the year before.
Container lines
Automation coming to logistics processes before trucks
William B. Cassidy, Senior Editor |
Shippers and trucking companies at SMC3 conference urged to use embedded analytics in transportation software to automate tasks from motor carrier selection to route optimization.
LTL
Landstar's Laredo expansion extends Mexico reach
William B. Cassidy, Senior Editor |
Landstar's new logistics center in Laredo will handle more than truckload freight as the company expands its cross-border business.
Truckload
Dedicated trucking demand drives J.B. Hunt
William B. Cassidy, Senior Editor |
Shippers show they are willing to pay more for dedicated capacity, and J.B. Hunt is happy to oblige.
Truck brokers
US shippers racing to lock down truck rates
William B. Cassidy, Senior Editor |
The prospect of a stronger US economy later in the year has many truck shippers advancing contract talks and freight bids to the first quarter, while carriers "hedge their bets."
Truckload
HMM charts course for efficiency, BCO loyalty
Turloch Mooney, Senior Editor, Global Ports |
In an exclusive interview with JOC.com, Hyundai Merchant Marine President and CEO C.K. Yoo lays out the plans of South Korea's largest container line in 2017.
Container lines
Market mania churns over OOCL takeover rumors
Greg Knowler, Senior Editor Europe |
Investors continue to trade heavily in OOCL shares amid speculation that the Hong Kong-based carrier is for sale.
Container lines
US ruling a warning to motor carrier's owner-operator model
William B. Cassidy, Senior Editor |
Trucking companies that lease equipment to drivers and treat them as owner-operators need to review their practices in light of a decision that classified drivers who leased equipment from Swift Transportation as employees.
Truckload
OOCL takeover rumors spark trading rush
Greg Knowler, Senior Editor Europe |
Takeover talk has long swirled around Hong Kong-listed OOIL, parent of OOCL, and new rumors are again seeing intense trading on the local bourse.
Container lines
Slideshow: Top waves hitting ocean shippers in 2017
JOC Staff |
2016 was one of the wildest years in container shipping history, and with the industry in such a dynamic state, 2017 will likely hold its own surprises.
Maritime
Container lines
UPS enters European truckload market
William B. Cassidy, Senior Editor |
New UPS subsidiary Freightex will work closely with US-based Coyote Logistics.
Logistics Technology News
Trucking News
Truck brokers
Alliances to curb North Europe service scale-back
Bruce Barnard, Special Correspondent |
The new alliances are likely to have only a limited effect on productivity and the number of services available to shippers at North Europe ports.
International ports
Forwarders see liner profitability years away
Greg Knowler, Senior Editor Europe |
Years of unprofitability lie ahead for carriers with excess capacity and low rates likely to drive further consolidation.
Container lines
New alliances to challenge shippers
Bill Mongelluzzo, Senior Editor |
Ports, terminals, carriers, and shippers are preparing for significant challenges that will come from this spring’s shuffling of vessel-sharing agreements.
Container lines
Planning expansion, US truckers look to Wall Street
William B. Cassidy, Senior Editor |
Schneider National and heavy-haul flatbed specialist Daseke Inc. plan to go public in 2017, seeking new routes to financing.
Truckload
Acquisition drives logistics provider NFI deeper into Canada
William B. Cassidy, Senior Editor |
NFI's acquisition of Dominion Warehousing and Distribution is the latest of several cross-border deals between US and Canadian logistics and transport operators.
Logistics Technology News
Trucking News
Truck brokers
Sharing data seen as key to reducing LA-LB container dwell times
Bill Mongelluzzo, Senior Editor |
Expediting cargo flow to reduce terminal congestion is a top priority for the largest US port complex.
Marine terminals
Roadrunner speeds US LTL service, refocuses business
William B. Cassidy, Senior Editor |
Roadrunner Freight expects business to bounce back in 2017, and is expanding on the West Coast while building up density in major less-than-truckload lanes to inland markets.
LTL
HMM, two partners form intra-Asia consortium
Turloch Mooney, Senior Editor, Global Ports |
The "HMM + K2 consortium" will initially facilitate vessel- and slot-sharing.
Container lines
Colombo terminal volume sets record, capacity concerns surface
Turloch Mooney, Senior Editor, Global Ports |
Sri Lanka’s Colombo International Container Terminals handled over 2 million twenty-foot-equivalent units for the first time ever in 2016.
International ports
Southeast Asia transshipment hubs to compete fiercely in 2017
Turloch Mooney, Senior Editor, Global Ports |
Southeast Asia’s port scene is incredibly dynamic, and 2017 will be a year of significant changes with big implications for shippers.
International ports
Chinese ports face wide array of changes, challenges
Turloch Mooney, Senior Editor, Global Ports |
Reliance on growth from an ever-expanding pie of box volumes growing in the high single or double-digits is a thing of the past for Chinese ports.
International ports
Hyundai chasing ‘unrealistic’ growth target, Alphaliner says
Bruce Barnard, Special Correspondent |
Industry analyst doubts Hyundai Merchant Marine’s goal of a 5 percent share of the global container market by 2021.
Container lines
DP World boosts stake in biggest Busan terminal
Bruce Barnard, Special Correspondent |
DP World increased its shareholding in the largest Busan container terminal.
Marine terminals
US ports’ battle for resins will intensify in 2017
Joseph Bonney, Senior Editor |
Plastic resin exports are poised in 2017 to begin a multi-year surge in volume.
North American ports
Antwerp handles 10 million TEUs for first time
Bruce Barnard, Special Correspondent |
The Port of Antwerp handled 10 million 20-foot-equivalent units for the first time in 2016, extending a growth trend that will further boost its market share in the highly competitive Le Havre-Hamburg port range.
International ports
Hapag-Lloyd eyes quick UASC merger despite delay report
Bruce Barnard, Special Correspondent |
Hapag-Lloyd says it is confident of closing on the merger with United Arab Shipping Company very soon following reports the deal faces delay over financing issues.
Container lines
Liners' potential 'golden age' for profits may be shortlived
Bruce Barnard, Special Correspondent |
Container shipping is on the dawn of a “new golden age” of profitability driven by the mergers and acquisition “frenzy” of the past two years.
Container lines
Zim restructures services on key trades
Bruce Barnard, Special Correspondent |
Zim Integrated Shipping Services on Monday announced a restructuring of services on its key liner routes that will take effect next April.
Container lines
OOIDA renews challenge to US electronic logging mandate
William B. Cassidy, Senior Editor |
Independent truckers want the full appellate court to rehear its case against the government's electronic logging mandate, as the compliance clock ticks louder.
Transport, Trade and Regulation News
Trucking News
LTL
Truckers challenge US regulators over sleep apnea
William B. Cassidy, Senior Editor |
The Owner-Operator Independent Drivers Association says language in a rule issued last year seen as "requiring" sleep apnea testing violates the law.
Transport, Trade and Regulation News
Trucking News
LTL
Battle for US trades is on after THE Alliance gets regulatory OK
JOC Staff |
The fight between the three major shipping alliances on US trades officially starts in April.
Container lines
Transport, Trade and Regulation News
HMM to pay heavy price for 2M deal, analyst says
Greg Knowler, Senior Editor Europe |
HMM failed to gain membership of the 2M Alliance, but the slot-sharing deal it signed up to will see the Korean carrier paying a heavy price.
Container lines
New entrants could derail Maersk’s rosy view of capacity
Mark Szakonyi, Executive Editor |
Hints that capacity might tighten at the top global operators, but not at those that want to be among them, come as other industry analysts warn that the gap between supply and demand will widen.
Container lines
Congress rolls back HOS restart, while DOT adds truck regs
William B. Cassidy, Senior Editor |
As the Obama administration winds down, federal regulators are rolling out some long-awaited trucking safety rules, while Congress legislates driver hours of service. Some groups would like president-elect Trump to block pending rules.
Transport, Trade and Regulation News
Trucking News
LTL
IRISL mega-ship order highlights its path from regional to global player
JOC Staff |
The Iranian container line is ramping up to meet growing international container trade.
Container lines
LTL truckers ride into new era and challenges
William B. Cassidy, Senior Editor |
As 2017 beckons, less-than-truckload trucking companies are traveling an unmapped route through some unfamiliar territory.
LTL
No 2M for HMM as slot deal signed with Maersk, MSC
Greg Knowler, Senior Editor Europe |
Hyundai to enter slot-sharing deal with Maersk and MSC, but it will be no 2M Alliance membership.
Container lines
US truck driver pay rising, in steps, as market improves
William B. Cassidy, Senior Editor |
Truck driver pay is beginning to rise as truckload freight demand picks up.
Trucking labor
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