Journal of Commerce http://www.joc.com/ Delivering Global Trade and Logistics Intelligence - since 1827 enConsumer Technology Transforming Truckinghttp://www.joc.com/technology/consumer-technology-trends-transforming-truckingConverging consumer and business technologies are changing the way motor carriers connect with truck drivers and customers at an increasingly...2012-05-18T17:13:49-04:00TransCore DAT Spot Market Index Jumps 17 Percenthttp://www.joc.com/truckload/transcore-dat-spot-market-index-jumps-17-percentSpot market truckload freight jumped 17 percent year-over-year in April, climbing 3.5 percent from March, according to load matching company...2012-05-18T11:54:39-04:00FAA to Reconsider Cargo Pilot Fatigue Rulehttp://www.joc.com/washington/faa-reconsider-cargo-pilot-fatigue-ruleThe Federal Aviation Administration is reconsidering expanding fatigue rules to air cargo pilots, not just passenger plane pilots, after the...2012-05-18T11:13:42-04:00Russia’s Summa Close to $1 Billion Fesco Dealhttp://www.joc.com/container-shipping/russia’s-summa-close-1-billion-fesco-dealRussia’s Summa trading and investment group is reported to be close to agreeing on a $1 billion deal to take...2012-05-18T11:11:02-04:00House Watchdog: FMC ‘May Be an Agency in Crisis’http://www.joc.com/washington/house-watchdog-fmc-‘may-be-agency-crisis’The chief House watchdog said the Federal Maritime Commission “may be an agency in crisis,” raising concern in a letter...2012-05-18T10:53:52-04:00Asia-Europe Spot Rates Sliphttp://www.joc.com/container-shipping/asia-europe-spot-rates-slipAverage spot rates in the westbound Asia-Europe trade fell 4 percent on May 17 from the week before, indicating the...2012-05-18T10:35:37-04:00OOCL to Implement Europe-Asia Rate Hikehttp://www.joc.com/container-lines/oocl-implement-europe-asia-rate-hikeOOCL will implement a further general rate increase on the North Europe to Asia trade on June 15. Applicable...2012-05-18T10:33:12-04:00Maersk’s Rates in Latin America Trade to Escalatehttp://www.joc.com/container-lines/maersk’s-rates-latin-america-trade-escalateMaersk Line plans to hike ocean freight rates on South American routes by up to 30 percent this year to...2012-05-18T10:22:27-04:00PNW Ports Building on Reliability http://www.joc.com/portsterminals/turnaround-specialistsJohn Wolfe’s staff at the Port of Tacoma regularly holds stakeholder meetings where it asks terminal operators, longshoremen, carrier representatives...2012-05-18T09:41:28-04:002012 Trans-Pacific Service Contracts Squeeze NVOshttp://www.joc.com/commentary/squeeze-nvosNon-vessel-operating common carriers generally have it good: Non- or light-asset based, agile in responding to customers’ needs and often consistently...2012-05-18T09:41:13-04:00Shipper-Carrier Saber Rattling Continueshttp://www.joc.com/commentary/same-old-saber-rattlingJOC reporters face a delicate balancing act in covering annual contract talks between ocean shippers and carriers. The container industry...2012-05-18T09:40:59-04:00Intermodal Volume Rises 3 Percent on Major US Railshttp://www.joc.com/intermodal-volume-rises-3-percent-major-us-railsU.S. intermodal rail shipments in the week ending May 12 rose 3 percent year-over-year and was nearly flat from the...2012-05-17T14:03:55-04:00TSA to Begin 100 Percent Global Cargo Screening in Decemberhttp://www.joc.com/security/tsa-begin-100-percent-global-cargo-screening-decemberThe Transportation Security Administration will begin screening all cargo arriving from international passenger flights in early December, a year after...2012-05-17T13:23:09-04:00Activist Investor Wrestles Control of CP From Managementhttp://www.joc.com/class-i-railroads/activist-investor-wrestles-control-cp-managementWilliam Ackman, an activist investor, won a resounding victory on Thursday in wrestling control of Canadian Pacific Railroad, as the...2012-05-17T11:26:34-04:00Container Shipping Profits to Bounce Back in Second Half, Analyst Sayshttp://www.joc.com/container-shipping/container-shipping-profits-bounce-back-second-half-analyst-saysMany container ship operators will report losses in the first half of 2012 before bouncing back later in the year,...2012-05-17T10:21:31-04:00Georgian Railway Seeks $250 Million From London IPOhttp://www.joc.com/rail-intermodal/georgian-railway-seeks-250-million-london-ipoGeorgian Railway plans to raise around $250 million from an initial public offering of 25 percent of its shares in...2012-05-17T10:06:40-04:00HHLA Downgrades 2012 Revenue, Profit Forecasthttp://www.joc.com/portsterminals/hhla-downgrades-2012-revenue-profit-forecastHHLA has downgraded its revenue and earnings guidance for 2012 after the port of Hamburg’s biggest stevedore posted a 22.6...2012-05-17T09:07:56-04:00Hamburg Box Traffic Grew 5.2 Percent in First Quarterhttp://www.joc.com/portsterminals/hamburg-box-traffic-grew-52-percent-first-quarterThe port of Hamburg’s container volume grew 5.2 percent in the first quarter, boosting its Northern Europe market share at...2012-05-17T08:57:27-04:00Japanese Economy Posts Relatively Strong Growthhttp://www.joc.com/economy/japanese-economy-posts-relatively-strong-growthThe Japanese economy grew 1.0 percent in the January-March quarter from the preceding quarter, or at an annualized pace of...2012-05-17T08:37:37-04:00Maersk Adds Peak-Season Surcharges on India-US Tradehttp://www.joc.com/container-shipping/maersk-adds-peak-season-surcharges-india-us-tradeMaersk Line will apply a peak-season surcharge on shipments from India to the U.S. and Canada, starting June 15. ...2012-05-17T08:32:54-04:00Regulator: Zero-Emission Technologies Will Be Needed to Meet EPA Goalshttp://www.joc.com/portsterminals/regulator-zero-emission-technologies-will-be-needed-meet-epa-goalsThe strategic plan for reducing pollution from drayage trucks in Los Angeles-Long Beach will involve the use of proven low-emission...2012-05-17T08:28:05-04:00Wireless ‘Spectrum Crunch’ Looms, Xata’s Schenk Warnshttp://www.joc.com/technology/wireless-‘spectrum-crunch’-looms-xata’s-schenk-warnsWorried about driver and capacity shortages? Don’t forget the “spectrum crunch.” Within 18 months, the U.S. is likely to...2012-05-17T08:21:59-04:00FMCSA Shuts Down Alabama Trucking Company http://www.joc.com/regulation/fmcsa-shuts-down-alabama-trucking-company-safety-violationsFederal regulators shut down an Alabama-based trucking company after finding the carrier violated rules regarding hours-of-service rules, driver qualifications and...2012-05-16T15:23:31-04:00LA-LB Imports Rose 3 Percent in Aprilhttp://www.joc.com/portsterminals/la-lb-imports-rose-8-percent-aprilLoaded containers moving through the Los Angeles-Long Beach port complex increased 4 percent in April over April 2011, with imports...2012-05-16T15:00:08-04:00Near-Sourcing Job Growth Expectations Overblown, Study Sayshttp://www.joc.com/supply-chain-management/near-sourcing-job-gains-barely-offset-outsoured-work-study-saysThe production cost gap between the U.S. and China is steadily decreasing, but the number of U.S. jobs gained through...2012-05-16T14:28:14-04:00Saint Lawrence Seaway Begins Season With Volume Gain http://www.joc.com/short-seabarge/saint-lawrence-seaway-begins-season-volume-gainsA jump in coal shipments helped boost cargo volume on the Saint Lawrence Seaway up 2.2 percent in the first...2012-05-16T14:00:26-04:00Motor Carriers Turn to Natural Gas as Fuelhttp://www.joc.com/equipment/motor-carriers-turn-natural-gas-fuelMotor carriers are adopting natural gas as one of the fuels of choice for their fleets because it makes financial...2012-05-16T13:02:18-04:00Container Ship Schedule Reliability Improveshttp://www.joc.com/container-shipping/container-ship-schedule-reliability-improvesThe schedule reliability of container ships in all trade lanes improved to 72.3 percent in the first quarter of 2012...2012-05-16T11:37:02-04:00Cathay Pacific Sees Volume Fall Againhttp://www.joc.com/cargo-airlines/cathay-pacific-sees-volume-fall-againCathay Pacific Airways saw a year-over-year decline in freight volume in April. Cathay Pacific and Dragonair carried 124,531 tonnes...2012-05-16T11:17:40-04:00Virginia Container Throughput Climbs 5.2 Percenthttp://www.joc.com/portsterminals/virginia-container-throughput-climbs-52-percentThe container volume handled by the Port of Virginia increased 5.2 percent year-over-year in April, to 169,644 20-foot equivalent units....2012-05-16T10:36:54-04:00Jean-Louis Cambon, Leading Shipper Campaigner, Dieshttp://www.joc.com/container-shipping/jean-louis-cambon-leading-shipper-campaigner-diesJean-Louis Cambon, a prominent campaigner for shippers and a constant scourge of liner conferences, has died after a long illness....2012-05-16T10:26:25-04:00Profit Down 93 Percent for Malaysian Carrierhttp://www.joc.com/container-lines/profit-down-93-malaysian-carrierMISC Berhad saw revenues tumble in the first quarter following its decision to exit the container business. The Malaysian...2012-05-16T10:09:18-04:00Maersk Line Posts $599 Million First Quarter Losshttp://www.joc.com/container-lines/maersk-line-posts-599-million-first-quarter-lossMaersk Line slumped to a $599 million operating loss in the first quarter from a $424 million profit a year...2012-05-16T10:06:41-04:00Inland DCs Near Rail Ramps Luring Retailershttp://www.joc.com/supply-chain-management/inland-dcs-near-rail-ramps-luring-retailersWith transportation representing the biggest cost factor in the domestic supply chain, retailers are locating their inland distribution facilities as...2012-05-16T10:05:51-04:00Hapag-Lloyd Hikes Rates on East Asia Serviceshttp://www.joc.com/container-shipping/hapag-lloyd-hikes-rates-east-asia-servicesHapag-Lloyd will impose a new round of general rate increases on its East Asia services, which will take effect in...2012-05-16T09:46:21-04:00Cargolux Starts Service to Chinese Interiorhttp://www.joc.com/cargo-airlines/air-cargo-specialist-starts-service-chinese-interiorCargolux Airlines International has started a twice-weekly freighter service linking Luxembourg to the booming Chinese interior city of Chongqing. ...2012-05-16T09:33:12-04:00YRC Freight to Hire 200 Truck Drivershttp://www.joc.com/ltl/yrc-freight-hire-200-truck-driversTrucking giant YRC Freight is hiring 200 truck drivers in more than 10 cities across the U.S. as less-than-truckload freight...2012-05-16T09:28:58-04:00NYK Ends Free Chassis in Pacific Northwesthttp://www.joc.com/container-lines/nyk-ends-free-chassis-pacific-northwestNYK Line (North America) said it would quit providing chassis to customers in the Tacoma-Seattle-Portland market, effective July 1. ...2012-05-15T15:21:41-04:00Long Beach Begins Construction of Middle Harbor Projecthttp://www.joc.com/portsterminals/long-beach-begins-construction-middle-harbor-projectThe Port of Long Beach launched construction of its $1.2 billion Middle Harbor project, which the port and Orient Overseas...2012-05-15T14:43:39-04:00Macy’s Stores to Dispatch Online Ordershttp://www.joc.com/supply-chain-management/macy’s-stores-dispatch-online-ordersMacy’s has joined the ranks of retailers that are filling online orders with inventories from stores as well as warehouses....2012-05-15T13:35:25-04:00New Malaysia Airlines Freighter Service Takes Offhttp://www.joc.com/cargo-airlines/new-malaysia-airlines-freighter-service-takesThe cargo division of Malaysia Airlines has launched a new intra-Asia freighter service. MASkargo’s twice-a-week A330-200 freighter schedule links...2012-05-15T11:50:26-04:00Dockwise Makes Mandatory Offer for Rival Fairstar http://www.joc.com/breakbulkro-ro/dockwise-makes-mandatory-offer-rival-fairstarDockwise, the Dutch heavy-lift operator, made an unconditional mandatory takeover offer for its Norwegian rival Fairstar. The 9.30 Norwegian...2012-05-15T11:27:50-04:00Alphaliner: Asia-Europe Peak-Season Surcharges in Dangerhttp://www.joc.com/container-lines/alphaliner-asia-europe-peak-season-surcharges-dangerOcean carriers’ bid to levy peak-season surcharges in Asia-Europe trades in June risk unraveling amid increasing signs of rate cutting,...2012-05-15T10:42:44-04:00Chicago to Open $200 Million Air Cargo Hub Next Yearhttp://www.joc.com/international-air/chicago-open-200-million-air-cargo-hub-next-yearChicago Mayor Rahm Emanuel on Monday said the city plans to open a $200 million hub next year, as the...2012-05-15T09:50:35-04:00EU Naval Forces Hit Somali Pirate Basehttp://www.joc.com/piracy/eu-naval-forces-hit-somali-pirate-baseEuropean Union naval forces said they conducted their first air strikes on a land base used by Somali pirates. ...2012-05-15T09:41:28-04:00DB Schenker Logistics Plans Shanghai DChttp://www.joc.com/supply-chain-management/db-schenker-logistics-open-shanghai-dcDB Schenker Logistics will open a new logistics center near Shanghai later this year. Dedicated to engineering giant KONE,...2012-05-15T09:40:53-04:00Kerry Looks to Inland Chinahttp://www.joc.com/warehousingdistribution/kerry-looks-inland-chinaKerry Logistics is further expanding its logistics footprint in the interior provinces of China as OEM customers move inland in...2012-05-15T08:36:30-04:00Hanjin Plans Asia-Europe Peak-Season Surchargehttp://www.joc.com/container-lines/hanjin-plans-asia-europe-peak-season-surchargeHanjin Shipping has joined its liner competitors in announcing a peak-season surcharge on westbound Asia-Europe shipments starting June 1. ...2012-05-15T08:23:24-04:00India Container Volume Down 2.4 Percenthttp://www.joc.com/container-shipping/india-container-volume-down-24-percentContainer traffic through India’s major ports fell 2.4 percent year-over-year in April, the first month of fiscal 2012-13, according to...2012-05-15T08:07:23-04:00Diesel Prices Fall Nearly Below $4 Markhttp://www.joc.com/ltl/diesel-prices-fall-nearly-below-4-markDiesel prices across the U.S. dropped nearly below the $4 per gallon mark, dropping roughly half a cents in the...2012-05-14T16:56:50-04:00