Journal of Commerce http://www.joc.com/ Delivering Global Trade and Logistics Intelligence - since 1827 enDOT Awards KCS $54.6 Million Loan for 30 Locomotiveshttp://www.joc.com/class-i-railroads/dot-awards-kcs-546-million-loan-30-locomotivesTransportation Secretary Ray LaHood on Wednesday awarded Kansas City Southern a $54.6 million loan to buy 30 new diesel-electric locomotives....2012-02-22T14:06:37-05:00Rotterdam Port Strike Ends After Three Weekshttp://www.joc.com/portsterminals/rotterdam-port-strike-ends-after-unions-apl-reach-accordDock workers on Wednesday suspended a three-week campaign of rolling wildcat strikes at APM Terminals container facility in Rotterdam that...2012-02-22T12:39:26-05:00Strong Demand Boosts Heavy Truck Backloghttp://www.joc.com/suppliers/strong-demand-boosts-heavy-truck-backlogThe backlog of Class 8 trucks on order rose to 125,200 units in January, the biggest backlog since last July,...2012-02-22T12:28:10-05:00Two Carriers Start Joint China-Thailand Loophttp://www.joc.com/trade-lanes/two-carriers-start-joint-china-thailand-loopOOCL and Regional Container Lines are teaming up to start a vessel-sharing service between China and Thailand in March. ...2012-02-22T12:16:30-05:00Maersk Drops Option to Order Last 10 Triple-E Shipshttp://www.joc.com/container-lines/maersk-drops-option-order-last-10-triple-e-shipsThe decision by Maersk Line not to exercise an option to order another 10 mega-containerships with capacities of 18,000 20-foot...2012-02-22T11:17:08-05:00LA Port Urges Supreme Court to Uphold Clean-Trucks Rulinghttp://www.joc.com/portsterminals/port-la-urges-supreme-court-uphold-clean-truck-rulingThe upholding of four of the concession requirements in the Port of Los Angeles’ clean-trucks plan by U.S. Court of...2012-02-22T10:43:51-05:00NOL Renews UP Contract for Intermodal Transporthttp://www.joc.com/intermodal-shipping/nol-renews-contract-intermodal-transportNOL Group renewed its contract with Union Pacific for U.S. rail transport of containerized cargo carried by APL, it liner...2012-02-22T10:27:46-05:00Container Exports Dipped 0.2 Percent Last Quarterhttp://www.joc.com/importexport/container-exports-dipped-02-percent-last-quarterWeak volumes to Europe and the Mediterranean caused U.S. containerized exports to dip 0.2 percent in the fourth quarter, providing...2012-02-22T10:14:55-05:00APL Parent Lost $478 Million in 2011 http://www.joc.com/container-lines/apl-parent-lost-478-million-2011APL’s parent NOL Group lost $478 million last year, reversing a $461 million profit in 2010, as high fuel costs...2012-02-22T09:17:03-05:00Danaos Swings to Profit, Projects Weaker Charter Markethttp://www.joc.com/container-shipping/danaos-swings-profit-sees-weak-charter-market-aheadDanaos reported net income of $9.1 million in the fourth quarter of 2011 against a year earlier loss of $8.9...2012-02-22T09:05:57-05:00Maersk to Raise Asia-Latin America Rates http://www.joc.com/container-lines/maersk-raise-rates-far-east-latin-americanMaersk Line imposed a new round of general rate increases on its Far East Asia services, effective March 15. ...2012-02-22T08:46:17-05:00Port of Tacoma Traffic Rose 8 Percent in January http://www.joc.com/portsterminals/port-tacoma-traffic-rose-8-percent-januaryInternational container volume at the Port of Tacoma in January increased 8 percent year-over-year, as imports surged 12.4 percent at...2012-02-22T08:30:17-05:00Diesel Prices Hit 11-Week High as Oil Prices Jump http://www.joc.com/suppliers/diesel-prices-hit-11-week-high-oil-prices-jumpDiesel prices across the United States hit an 11-week high in the week ending Feb. 20, rising 1.7 cents as...2012-02-21T16:59:53-05:00Customs' Allen Says Funding Needed to Expand ACE http://www.joc.com/customs/customs-allen-says-funding-needed-expand-aceCustoms and Border Protection has $140 million to operate and maintain a commercial trade processing system, but there’s no money...2012-02-21T15:35:08-05:00Expeditors Profit Falls 4 Percent on Weak Peak Seasonhttp://www.joc.com/freight-forwarders/expeditors-profit-falls-4-percent-weak-peak-seasonExpeditors International of Washington said a weak peak season for imports pulled fourth quarter profit down 4 percent year-over-year to...2012-02-21T14:53:08-05:00Italy-India Tensions Escalate Over Fishermen Killing http://www.joc.com/piracy/tensions-escalate-over-armed-guards-accused-killing-fishermenA bitter diplomatic confrontation appears to be brewing between India and Italy over the arrest of two Italian armed ship...2012-02-21T13:23:23-05:00China to Expand Port Bordering North Koreahttp://www.joc.com/portsterminals/china-spend-3-billion-expand-port-bordering-north-koreanChina plans to spend $3 billion to build a three-pier terminal in a special economic zone bordering North Korea and...2012-02-21T11:20:51-05:00US Export Growth to China Will Outpace Imports, Report Says http://www.joc.com/importexport/us-exports-china-will-outpace-imports-report-saysU.S. exports to China will rise at a faster rate than imports during the next five years, aided by an...2012-02-21T10:55:34-05:00Analyst Says New Vitran Chief Could Lead Recoveryhttp://www.joc.com/ltl/trucking-analyst-says-new-vitran-chief-could-spur-recoveryCanadian-based less-than-truckload carrier Vitran may be headed back toward profitability after naming a new president for its ailing U.S. operations....2012-02-21T10:27:34-05:00Kerry Logistics Acquires Spanish Joint Venturehttp://www.joc.com/supply-chain-management/kerry-logistics-acquires-spanish-joint-ventureKerry Logistics said the acquisition of its former joint venture in Spain will allow customers in the country’s poor performing...2012-02-21T10:16:33-05:00Diana Adds Eighth Container Ship, Plans to Buy Anotherhttp://www.joc.com/container-shipping/diana-adds-eighth-containership-plans-buy-anotherDiana Containerships said it took delivery on Feb. 17 of the APL Sardonyx, a container ship with a capacity of...2012-02-21T09:58:41-05:00MSC Set to Grab Asia-Europe Business From Maersk, Report Sayshttp://www.joc.com/trade-lanes/msc-set-take-asia-europe-market-share-maersk-alphaliner-saysMediterranean Shipping is set to significantly increase its share of Asia-Europe container traffic in 2012 at the expense of market...2012-02-21T09:17:13-05:00MSC to Raise Trans-Pacific Rates Mid-March http://www.joc.com/container-lines/msc-first-follow-tsas-suggested-trans-pacific-rate-hikeMediterranean Shipping announced it will increase all freight rates on its eastbound service from Asia to the U.S. and Canada...2012-02-21T09:06:31-05:00TNT Focuses on Europe Amid Rising Losses, UPS Takeover Bidhttp://www.joc.com/parcel-package/tnt-refocus-europe-amid-rising-losses-ups-bidTNT Express, the Dutch express delivery company in takeover negotiations with UPS, plans to refocus on its core European market,...2012-02-21T08:43:26-05:00ICS Chairman Polemis Calls For Shipbuilding Moratorium http://www.joc.com/container-shipping/ics-calls-shipbuilding-moratorium-fight-oversupplyA moratorium on newbuilding orders and an end to the battle for market share between shipbuilders are needed to combat...2012-02-20T11:32:02-05:00Saudi Airlines, DHL Launch Dubai-Europe Freighter Servicehttp://www.joc.com/cargo-airlines/saudi-airlines-dhl-launch-dubai-europe-freighter-serviceSaudi Airlines Cargo and DHL Global Forwarding will launch a new thrice-weekly direct freighter service between Dubai and Europe in...2012-02-20T11:04:21-05:00Chinese New Year Hits Hong Kong Air Cargo Volumehttp://www.joc.com/air-expedited/chinese-new-year-hits-hong-kong-air-cargo-volumesCargo volume slumped more than 20 percent at Hong Kong International Airport in January from December and by 17.5 percent...2012-02-20T10:41:42-05:00United Arab Shipping Hikes US East Coast-Asia Rates http://www.joc.com/container-lines/united-arab-shipping-hikes-us-east-coast-asia-ratesMiddle East carrier United Arab Shipping imposed a two-phase general rate increase on trades from Asia to the U.S. East...2012-02-20T10:39:37-05:00Italian Vessel Guards Accused of Killing Indian Fishermen http://www.joc.com/piracy/italian-vessel-guards-accused-killing-indian-fishermanIndian authorities on Sunday arrested two armed security guards aboard an Italian merchant ship who are accused of killing two...2012-02-20T10:24:49-05:00Japan's Trade Deficit Balloons to Record Highhttp://www.joc.com/logistics-economy/japans-trade-deficit-balloons-record-highJapan suffered a deficit of $18.5 billion in its trade with the rest of the world in January, up 207.7...2012-02-20T10:01:00-05:00The Tides of Marchhttp://www.joc.com/maritime/tides-marchThen the world’s largest ocean carrier launched its Daily Maersk service last fall, it set in motion a series of...2012-02-20T00:00:01-05:00Carriers Give Incentives to Drive http://www.joc.com/trucking/carriers-give-incentives-driveThe battle to recruit and, just as important, keep truck drivers is getting fiercer among truckload carriers as freight demand...2012-02-20T00:00:00-05:00Facilitating Trade http://www.joc.com/global-trade/facilitating-tradeWhen project logistics company Agility released its Emerging Markets Logistics Index 2012, 10 of the top-ranked countries hailed from the...2012-02-20T00:00:00-05:00Uncommon Growth for Forwardershttp://www.joc.com/container-shipping/uncommon-growth-forwardersFor many years, non-vessel-operating common carriers were considered a stepchild of the maritime industry, but that ship turned around in...2012-02-20T00:00:00-05:00East Coast Ports See Growth in Containershttp://www.joc.com/portsterminals/east-coast-ports-see-growth-containersEast Coast container trade volume rose 5.5 percent in the first 10 months of 2011 compared to the same period...2012-02-20T00:00:00-05:00Advancing Technology - With Job Guarantees?http://www.joc.com/labor/advancing-technology-job-guaranteesShippers and carriers view this year’s East and Gulf Coast longshore labor negotiations with a sense of trepidation and an...2012-02-20T00:00:00-05:00Ports Working on the Railroadhttp://www.joc.com/portsterminals/ports-working-railroadPorts along the Eastern Seaboard are putting money where their hopes are, investing in projects for better landside access by...2012-02-20T00:00:00-05:00Bigger Ships, Faster Growth Through the 'Other' Canalhttp://www.joc.com/container-shipping/bigger-ships-faster-growth-through-other-canalA funny thing happened on the way to the 2014 completion of the new Panama Canal locks. The volume of...2012-02-20T00:00:00-05:00The Big Bang That Wasn't http://www.joc.com/government-regulation/big-bang-wasntThe Federal Maritime Commission, in perhaps the most extensive study in its 50-year history, concluded the European Union’s 2008 repeal...2012-02-20T00:00:00-05:00Paved Over Intentions http://www.joc.com/government-regulation/paved-over-intentionsPresident Obama’s recent call to nearly double infrastructure investment over the next six years highlights two conflicting forces in transportation...2012-02-20T00:00:00-05:00Port of NY-NJ Hit Record Container Traffic in 2011http://www.joc.com/portsterminals/port-ny-nj-hit-record-container-traffic-2011Container volume at the Port of New York and New Jersey in 2011 rose nearly 4 percent year-over-year, breaking the...2012-02-17T16:51:13-05:00Box Ships Posts $5.6 Million Profithttp://www.joc.com/container-shipping/box-ships-posts-56-million-profitContainer ship owner-charterer Box Ships reported fourth quarter net income of $5.6 million, bringing the Athens-based company’s profit to $13...2012-02-17T14:19:17-05:00TNT Rejects UPS $6.4 Billion Takeover Bid http://www.joc.com/parcel-package/tnt-rejects-ups-64-billion-takeover-bidTNT Express rejected an unsolicited takeover offer of roughly $6.4 billion from UPS, but the Dutch delivery firm said discussions...2012-02-17T13:13:46-05:00Caterpillar to Build Plant Near Savannah, Charlestonhttp://www.joc.com/caterpillar-build-plant-near-savannah-charlestonCaterpillar plans to build a manufacturing plant in Northeast Georgia — equally close to the ports of Savannah and Charleston...2012-02-17T12:50:03-05:00OOCL Boosts Rates From Europe to Asia $200http://www.joc.com/container-lines/oocl-boosts-rates-europe-asia-200OOCL on Friday said it will raise freight rates on containers moving on the eastbound backhaul leg from North Europe...2012-02-17T12:32:03-05:00Swift to Pay Port of Los Angeles $4 Millionhttp://www.joc.com/truckload/swift-pay-port-los-angeles-4-millionSwift Transportation, the nation’s largest truckload carrier, will pay $4 million to the Port of Los Angeles to settle a...2012-02-17T11:00:35-05:00Maersk Launches Direct Australia-Indonesia Service http://www.joc.com/container-lines/maersk-launches-direct-australia-indonesia-serviceMaersk Line’s new direct service between Indonesia and Australia is a major coup for the port of Tanjung Priok, which...2012-02-17T10:07:50-05:00Freight Rate, Surcharge Update for Week of Feb. 13-17http://www.joc.com/container-shipping/freight-rate-surcharge-update-week-feb-13-17 Hapag-Lloyd imposed a general rate increase on the Indian subcontinent-Europe trade lanes, starting March 1. The planned increase will...2012-02-17T09:56:44-05:00Adjusting the Learning Curvehttp://www.joc.com/education/adjusting-learning-curveEmployers across the U.S. are struggling with a paradox: Despite high unemployment, they’re having a tough time hiring the right...2012-02-17T09:55:21-05:00Educating 'Generation Logistics'http://www.joc.com/education/educating-generation-logisticsThe so-called Millennial Generation, with its native fluency in digital technology and natural aptitude for multitasking, could have been made...2012-02-17T09:55:07-05:00