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Surge in Expectations Drives Gain in U.S. Consumer Sentiment

08.18.17

Surge in Expectations Drives…

Consumer sentiment climbed in August…

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Suspected car thief who led police on wild chase dies after falling off port crane

08.18.17

Suspected car thief who led…

Asuspected car thief who led police…

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July Cass Freight Index Report points to annual gains and sequential declines

08.18.17

July Cass Freight Index Report…

Freight shipments and expenditures in…

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PSA, PIL, IBM on Blockchain Development

08.17.17

PSA, PIL, IBM on Blockchain…

 Ocean carrier Pacific International…

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August 2017 Industry News
08.18.17 - July Cass Freight Index Report points to annual gains and sequential declines

Freight shipments and expenditures in the July edition… link to full story

08.18.17 - Suspected car thief who led police on wild chase dies after falling off port crane

Asuspected car thief who led police on a wild chase… link to full story

08.18.17 - Surge in Expectations Drives Gain in U.S. Consumer Sentiment

Consumer sentiment climbed in August to a seven-month… link to full story

08.17.17 - Maersk Posts Surprise Loss, Warns of Cyberattack Impact

Danish shipping giant A.P. Moller-Maersk A/S on Wednesday… link to full story

08.17.17 - Zinc Prices Hit 10-Year High -- Update

The price of zinc hit a 10-year high on Wednesday as… link to full story

08.17.17 - US business inventories post biggest gain in seven months

U.S. business inventories recorded their biggest increase… link to full story

08.17.17 - Baltic Index Continues Gaining Streak

The Baltic Exchange's main sea freight index, tracking… link to full story

08.17.17 - PSA, PIL, IBM on Blockchain Development

 Ocean carrier Pacific International Lines (PIL), terminal… link to full story

08.16.17 - The World’s Shipping Companies Are Going Super-Sized

The hulking container ships that transport sneakers,… link to full story

08.16.17 - U.S. Retail Sales Jumped 0.6% in July

U.S. retailers posted their strongest sales growth… link to full story

08.16.17 - U.S. Stocks Higher Ahead of Fed Minutes

Retailers lead U.S. stocks higher after Target earnings --… link to full story

08.15.17 - Evergreen increases earnings with strong Q2 profit

Taiwan’s container carrier Evergreen Marine has continued… link to full story

08.15.17 - BNSF 2Q17 revenue up 15%; OR drops to 65

Based on a 24% increase in net income for 2017’s second… link to full story

08.15.17 - SC Ports 2017 container volume up 13 percent

South Carolina Ports Authority announced calendar year-to-date… link to full story

08.15.17 - Broad-Based Advance in U.S. Retail Sales Shows Solid Spending

U.S. retail sales advanced in July by the most this… link to full story

08.15.17 - Maersk chief sees further deals in shipping container industry

Container shipping groups will continue to do deals,… link to full story

08.14.17 - Cargo Volumes Hit Records at Long Beach, Los Angeles Ports

The ports of Los Angeles and Long Beach, which together… link to full story

08.14.17 - CSX layoffs at Chicago switching yard expose fears that facility could close

Railroad giant CSX, which is under fire from regulators… link to full story

08.14.17 - HMM records Q2 loss despite higher revenues, volumes

Hyundai Merchant Marine (HMM) recorded a loss of 173.7… link to full story

08.14.17 - Freighter remains grounded near Soo Locks, blocking commercial ship traffic

Commercial shipping traffic to and from Lake Superior… link to full story

08.14.17 - Looters raid Brazilian cargo ship after containers fall overboard

Enterprising thieves near Sao Paulo used small boats… link to full story

08.11.17 - States Alter Trucking Schedules to Dodge Eclipse

Several states have adjusted their freight transportation… link to full story

08.11.17 - Major expansion planned at Port of Indiana-Burns Harbor

The Port of Indiana-Burns Harbor is in line to receive… link to full story

08.11.17 - Yang Ming reports smaller loss in Q2 2017

Yang Ming Marine Transport in the second quarter of… link to full story

08.11.17 - Samsung sets up logistics company as market heats up

For the majority of Vietnamese, Samsung means smartphone,… link to full story

08.11.17 - Maersk Tantalizes Market with Joint Venture Details

A.P. Moller–Maersk is planning a joint venture with… link to full story

08.10.17 - Port of Virginia posts its best July ever for container volume

The Port of Virginia began its July-to-June fiscal… link to full story

08.10.17 - Brooks confirms plan to open local distribution center with 130 workers

Seattle-based Brooks Running Co. has confirmed plans… link to full story

08.10.17 - Daseke Reports Second Straight Loss Since Going Public

One of the largest owners of flatbed and specialized… link to full story

08.10.17 - Bulk shipping of U.S. coal on the rise

U.S. coal shipments to East Asia and Europe are rebounding… link to full story

08.10.17 - WTO: Global merchandise trade on the rise

Global merchandise trade growth will continue to strengthen… link to full story

08.10.17 - U.S. meat exports sizzle in June

U.S. beef, pork and lamb exports all increased in terms… link to full story

08.10.17 - Port of Houston extends gate hours at Bayport Container Terminal

The Port of Houston is extending gate hours at its… link to full story

08.10.17 - Hong Kong’s Competition Commission issues BEO for liner shipping VSAs

Hong Kong’s Competition Commission issued a block exemption… link to full story

08.03.17 - Christmas in July for shipping lines as Trans-Pacific container rates climb

Spot rates on containerships bound for the U.S. from… link to full story

08.03.17 - US planning trade measures against China

The Trump administration is considering using a little-used… link to full story

08.03.17 - Diesel prices are up for the fifth straight week

The average price per gallon of diesel gasoline is… link to full story

08.01.17 - Corporate Discipline at Commodity Firms Fuel Debt Upgrades

A record value of corporate bonds reached investment… link to full story

08.01.17 - China Factory Activity Loses Momentum, Signaling Possible Economic Slowdown -- Update

A gauge of China's manufacturing activity fell more… link to full story

08.01.17 - Revenue soars for Japanese lines in Q1 as they eye new alliance

Ahead of their integration into the Ocean Network Express… link to full story

08.01.17 - Seaspan CEO Wang stepping down later this year

Seaspan Corp. Chief Executive Officer, Co-Chairman… link to full story

08.01.17 - Are new-tech trucks ready to replace diesel, keep California’s pollution-fighting promise?

The race to replace Southern California’s biggest polluter… link to full story

July 2017 Industry News
07.31.17 - Dockworkers close to reaching early deal on contract, bringing relief to retailers, shippers

West Coast dockworkers are close to approving a contract… link to full story

07.31.17 - Freight rates on the rise and box carriers get ready to reap the rewards

Container spot rates from Asia to the US, and Asia… link to full story

07.31.17 - Port Houston Orders RTGs for $700 Million Project

Konecranes has received an order for nine RTGs from… link to full story

07.31.17 - China's railway freight sees steady growth in H1

 China's railway freight volume grew steadily in the… link to full story

07.31.17 - China’s SF Express eyes home-grown technology as means to expand globally

 SF Express, one of China’s largest logistics service… link to full story

07.31.17 - Steel exports swelled 17.3 percent from April to May

Up 25.2 percent from a year earlier to surpass 1 million… link to full story

07.31.17 - PMA Chief hails historic waterfront contract extension vote

With voting by longshore workers complete, early returns… link to full story

07.31.17 - Port Canaveral leads congressional briefing on seaport support for local estuaries

Port Canaveral Environmental Director Bob Musser recently… link to full story

07.31.17 - CMA “Pelleas” makes Port of NY & NJ first Port of Call

On Friday, July 21st, CMA-CGM of Marseille, France… link to full story

07.28.17 - Ryan Gives Up on Border-Adjusted Tax on Imports After Attack

Republican leaders said on Thursday that the proposed… link to full story

07.28.17 - Party Time! Weak Dollar Unleashes Record Stock Run

A pickup in global growth and a weakening dollar are… link to full story

07.28.17 - YRC Freight to add eight DCs to relieve stress on existing locations

YRC Freight, the long-haul unit of less-than-truckload… link to full story

07.27.17 - Norfolk Southern Says It's Winning Customers From CSX

Norfolk Southern Corp. says it is starting to win over… link to full story

07.27.17 - Newbuild vessel orders sink in 2017

Orders for newbuild ocean vessels have slipped during… link to full story

07.27.17 - Transpacific Eastbound Market Update

July 27, 2017 Transpacific Eastbound Market Update   To… link to full story

07.26.17 - Freight-Booking Startup Convoy Raises $62 Million

Digital freight-booking startup Convoy raised $62 million… link to full story

07.26.17 - Werner increases earnings 27% in Q2 2017

Werner Enterprises, Inc.’s net income for the second… link to full story

07.26.17 - Roadrunner seals $292 million financing deal

Truckload and less-than-truckload (LTL) provider Roadrunner… link to full story

07.26.17 - Savannah and Brunswick ports set record for fiscal year

  The Georgia Ports Authority said Monday it broke… link to full story

07.26.17 - DP World reports 10.7% volume growth

DP World said its gross container volumes grew by 10.7… link to full story

07.24.17 - WTO: China will no longer accept your garbage

The Chinese government on Tuesday notified the World… link to full story

07.24.17 - Norway Takes Lead in Race to Build Autonomous Cargo Ships

Two Norwegian companies are taking the lead in the… link to full story

07.24.17 - Kansas City Southern's carload growth drives record Q2 revenue

A 6 percent increase in carload volumes helped drive Kansas… link to full story

07.24.17 - Terminal operator GCT names new president and CEO

 Vancouver, British Columbia-based privately owned… link to full story

07.21.17 - An Early Sign India's Huge Tax Revamp Is Working: Happy Truck Drivers

Until recently, truck driver K Shaji often waited for… link to full story

07.21.17 - Decline in truckload volumes the only dampener for CH Robinson in Q2

CH Robinson, one of the US’s largest freight companies,… link to full story

07.21.17 - Officials Take Action As Congestion Sees Boxships Waiting for 12 Days Off Chittagong

Chittagong Port Authority has moved to alleviate the… link to full story

07.21.17 - Despite lawsuits, DryShips announces 5th reverse stock split this year

As of July 18, the company had 36,296,095 common shares… link to full story

07.21.17 - China says it will ban certain recovered material imports

Chinese authorities have announced the country will… link to full story

07.20.17 - TPEB Airfreight Forecast - July 2017

July 20, 2017 TPEB Airfreight Forecast - July 2017   Airfreight… link to full story

07.20.17 - WCMTOA Announces TMF Increase on August 1

July 20, 2017 WCMTOA Announces TMF Increase on August… link to full story

07.20.17 - Maryland to reapply for federal transit grants after Trump administration changes program

Maryland has to reapply — again — for a federal grant… link to full story

07.20.17 - US Cotton Exports Surge, Fed by Vietnam and China

It’s been a good year for U.S. cotton exporters, with… link to full story

07.19.17 - Kuehne + Nagel acquires CFI, strengthens position in perishables logistics

Kuehne + Nagel has acquired two companies, the USA… link to full story

07.19.17 - South Korean yards see shipbuilding market improving as new orders rise

 Ailing South Korean shipbuilders going through a rough… link to full story

07.19.17 - Indicators: Truck tonnage dipped from May in June, but up year over year

 CCJ‘s Indicators rounds up the latest reports on trucking… link to full story

07.18.17 - The Idle Containership Fleet Is Shrinking

Having been one of the few (unwanted) fast-growing… link to full story

07.18.17 - CMA CGM to Launch Unique Reefer Line Collaboration

CMA CGM Group has announced plans to combine its container… link to full story

07.18.17 - Empire State manufacturing index retreats in July from two-year high

A reading of New York-area manufacturing cooled in… link to full story

07.18.17 - Cargo Imports Surged at U.S. Seaports in June

U.S. importers are on pace to bring more goods through… link to full story

07.17.17 - Lift in Demand Fuels Hopes Trucking Has Turned the Corner

Improving freight demand could signal brighter days… link to full story

07.17.17 - One of worst droughts in decades devastates South Europe crops

Italian durum wheat and dairy farmer Attilio Tocchi… link to full story

07.17.17 - Yang Ming board approves share issue

Yang Ming Marine Transport Corp (陽明海運) yesterday announced… link to full story

07.17.17 - Morrison & Foerster advises GLP on proposed US$11.64B private equity buyout in Asia

SINGAPORE – A cross-office team of Morrison & Foerster… link to full story

07.17.17 - Chinese importers sign deal to buy 12.53 mln tonnes of US soybeans

A delegation of commodity importers from China, the… link to full story

07.14.17 - Singapore's GLP Gets $11.6 Billion Offer From Chinese Group

A Chinese-backed consortium made an offer for one of… link to full story

07.14.17 - No More Naps on the Railroad, Says New CSX Boss

CSX Corp.'s new boss has nixed naptime. Hunter Harrison… link to full story

07.14.17 - SSE introduces new 'Belt and Road' shipping indices

The Shanghai Shipping Exchange launched the Belt and… link to full story

07.14.17 - Maersk to waive detention, demurrage fees stemming from Petya attack

The world’s biggest container line, Maersk Line A/S,… link to full story

07.12.17 - Rickmers Maritime gets nod to sell remaining nine vessels for US$54m

THE trustee-manager of Rickmers Maritime said on Tuesday… link to full story

07.12.17 - Ag Groups Fear Steel Tariffs

Farm groups are cautioning the Trump administration… link to full story

07.12.17 - Startup Moglix bets on growth spurred by India's GST

Moglix, a B2B e-commerce startup backed by industrialist… link to full story

07.12.17 - Scale, subsidies trump profits in liner shipping

Prior to 2016, the parent company of liner carrier… link to full story

07.12.17 - Heartland Express snatches up trucking company in $113m deal

North Liberty, Iowa-based trucking and logistics company… link to full story

07.12.17 - The Logistics Confidence Index grows overall but the performance of the Air and Sea indices diverge

Air freight expectations have taken the Logistics Confidence… link to full story

07.12.17 - Philippines Posts Record Trade Deficit in May as Imports Surge

The Philippines posted its biggest trade deficit since… link to full story

07.12.17 - Transpacific Eastbound PSS Update

July 12, 2017               Transpacific Eastbound… link to full story

07.11.17 - Oil up? Oil down? Blame the algorithms

When energy analysts and investors couldn't figure… link to full story

07.11.17 - May U.S. Manufacturing Technology Orders Up Nearly 22% YoY

The U.S. Manufacturing Technology Orders report for… link to full story

07.11.17 - Nixon tabbed as CEO of Ocean Network Express

Jeremy Nixon, previously the Chief Executive Officer… link to full story

07.11.17 - Idle Containership Decline Shows Industry Recovery

Idle containership fleets have declined by 70% from… link to full story

07.11.17 - China Instigates Special Bulk Carrier Inspections

The China Maritime Safety Administration (MSA) has… link to full story

07.11.17 - U.S. beefs up meat exports in May

U.S. beef, pork and lamb exports all increased in terms… link to full story

07.11.17 - SCFI falls on major trades

The Shanghai Shipping Exchange’s Shanghai Containerized… link to full story

07.10.17 - G-20 Leaders Find Trade Compromises but Are Split on Climate

Leaders from the Group of 20 countries vowed Saturday… link to full story

07.10.17 - The Two-headed Dragon

 How’s this for a carrier’s nightmare scenario? Your… link to full story

07.10.17 - Could your industrial robots "go rogue"?

Cybersecurity experts warn that many robots in factories… link to full story

07.10.17 - Shipping’s blues: The many barriers to scrapping cargo ships

TOO many new ships, too few old ones scrapped. Since… link to full story

07.10.17 - China, EU Bolster Greener Global Shipping to Curb Emissions

The trillion-dollar global shipping industry may soon… link to full story

07.10.17 - Ocean Network Express establishes operating, holding companies

Japanese container lines Mitsui O.S.K. Lines (MOL),… link to full story

07.10.17 - U.S. Trade Gap Narrows as Exports Rise to Highest in Two Years

The U.S. trade deficit narrowed in May as American… link to full story

07.10.17 - China Takes Lead in Pacific Shipping After $6.3 Billion Deal

China is the new leader of shipping trade to the Americas. State-owned… link to full story

07.06.17 - Germany Bolsters China Ties as Trump Policies Raise Concern

German Chancellor Angela Merkel and China’s President… link to full story

07.06.17 - OOCL now a target for CMA CGM following silence from Cosco?

Mid-sized ocean carrier OOCL is seen as “the only attractive… link to full story

07.05.17 - Blinded by Cyberattack, Shipping Giant Maersk Slowly Restarts Operations

A.P. Moeller-Maersk A/S, the world’s biggest containership… link to full story

07.05.17 - China Manufacturing Gauge Strengthens on Growing Global Demand

A gauge of China’s manufacturing activity jumped unexpectedly… link to full story

07.05.17 - U.S. Manufacturing-Sector Activity Accelerated in June

The strongest reading on U.S. factory activity in nearly… link to full story

07.05.17 - Trump Misses Steel-Tariff Deadline Amid Lawmaker, Business Complaints

The Trump administration missed a self-imposed Friday… link to full story

07.05.17 - Airfreight demand growth ramps up in May

Air cargo growth ramps up in May with a “formidable”… link to full story

June 2017 Industry News
06.30.17 - 'Plenty of Hiccups' Expected as India Rolls Out New Tax Reform

As India prepares to launch its biggest tax reform… link to full story

06.30.17 - U.S. GDP Growth Revised Up to 1.4% in First Quarter

The U.S. economic expansion remains on track as it… link to full story

06.30.17 - Trump Set to Miss Steel-Tariff Deadline Amid Lawmaker, Business Complaints

The Trump administration is set to miss a self-imposed… link to full story

06.30.17 - What is GST?

Set to revolutionise the way India does its taxes,… link to full story

06.30.17 - Maersk and Petya Cyberattack Update

June 30, 2017 Maersk and Petya Cyberattack Update   To… link to full story

06.29.17 - Companies Try to Contain Fallout From Global Cyberattack

Global firms scrambled to cope with fallout from a… link to full story

06.29.17 - Mexico Registers $1.08 Billion Trade Deficit in May

Mexico had a $1.08 billion trade deficit in May, more… link to full story

06.29.17 - Seaport Alliance keeps up strong showing in May

Import traffic at the Northwest Seaport Alliance, the… link to full story

06.28.17 - Brazil Official Promises to Take Necessary Measures to Resume Beef Exports to U.S.

Brazil's agriculture minister promised Friday to take… link to full story

06.28.17 - Yang Ming plays for time as it looks to current shareholders for more finance

After advising it would announce the details of its… link to full story

06.28.17 - Vulnerable ‘chokepoints’ threaten global food supply, warns report

Increasingly vulnerable “chokepoints” are threatening… link to full story

06.28.17 - Transpacific Eastbound Market Update

June 28, 2017 Transpacific Eastbound Market Update   To… link to full story

06.28.17 - U.S. Ramps Up Lumber Trade Spat With Canada

The Trump administration escalated its lumber trade… link to full story

06.27.17 - Air freight shippers hit as volcanic ash plume hits transpacific capacity

Asia-US capacity is currently tight following the cancellation… link to full story

06.27.17 - The Shale Revolution’s Staggering Impact in Just One Word: Plastics

When new parents in Rio de Janeiro buy baby food in… link to full story

06.27.17 - U.S. Durable Goods Orders Fell 1.1% in May

Demand for long-lasting factory goods declined in May… link to full story

06.27.17 - GM lowers outlook for US 2017 new vehicle sales

General Motors now expects U.S. new vehicle sales in… link to full story

06.27.17 - New Cyberattack Goes Global, Hits WPP, Rosneft, Maersk

A new cyberattack similar to WannaCry is spreading… link to full story

06.26.17 - Shipping industry sees smoother waters, ports benefit

The 40-foot-long, fading-blue shipping containers —… link to full story

06.26.17 - China crude-oil imports hit 2nd highest level ever

China's crude-oil imports rose to their second-highest… link to full story

06.26.17 - Trump’s Steel Tariff Threat Faces Resistance From Lawmakers

Senior lawmakers in both parties are resisting the… link to full story

06.23.17 - Samsung in talks to invest $300m in South Carolina plant

South Korean electronics major Samsung is reportedly… link to full story

06.23.17 - Taiwan's Foxconn Eyes Seven States for $10 Billion Investment

Taiwan's Foxconn Technology Group, which assembles… link to full story

06.23.17 - USDA Suspends Fresh Beef Imports From Brazil

The U.S. Department of Agriculture suspended imports… link to full story

06.23.17 - U.S. leading indicators climb 0.3% in May; economy steady

The leading economic index climbed 0.3% in May and… link to full story

06.23.17 - AM General Sells Indiana Plant to China-Backed SF Motors

Humvee maker AM General is selling its light-vehicle… link to full story

06.23.17 - South African competition authorities reject Japanese container line merger

While focus on regulatory approval normally focuses… link to full story

06.23.17 - JD.com to grow own vegetables in tie-up with Mitsubishi Chemical

Chinese e-commerce heavyweight Jingdong Group and Japan's… link to full story

06.22.17 - Reverse cascading by carriers could benefit owners of smaller containerships

Owners of smaller container vessels, below 8,000 teu,… link to full story

06.22.17 - OOCL keeps COSCO takeover rumors at bay

After speculation spread yesterday that Hong Kong-based… link to full story

06.21.17 - U.S. Oil Falls Into Bear Market Amid Worries Over Supply Glut

U.S. oil prices suffered another day of big losses,… link to full story

06.21.17 - Cosco Nears $4 Billion Takeover of Orient Overseas

Chinese conglomerate COSCO Group is in advanced discussions… link to full story

06.20.17 - Striking truck drivers slow traffic at LA, Long Beach ports

L.A.’s mammoth hub, the nation’s busiest container… link to full story

06.19.17 - More container shipping M&A activity expected as smaller carriers try to keep up

There is a “high likelihood” of a new wave of M&A activity… link to full story

06.16.17 - U.S. beef shipments to China to resume soon

The U.S. Department of Agriculture’s Agricultural Marketing… link to full story

06.16.17 - Import Growth Slows at U.S. West Coast Container Ports

Import growth slowed in May at the nation’s dominant… link to full story

06.16.17 - Fed Raises Rates, Sets Out Plan to Shrink Asset Holdings Beginning This Year

The Federal Reserve said it would raise short-term… link to full story

06.16.17 - China Greenlights Imports of Two New GMO Products

China approved imports of two new varieties of genetically… link to full story

06.16.17 - U.S. Industrial Production Unchanged Amid Drop In Manufacturing Output

With a drop in manufacturing output offsetting increases… link to full story

06.16.17 - LA/LB port truck drivers and warehouse workers to strike Monday

Yet another strike. On Monday, some 100 truck drivers… link to full story

06.16.17 - China remains calm in face of U.S. rate hike

With a growing capacity to better manage potential… link to full story

06.15.17 - U.S., Canada Trade Spat Set to Sharpen as Lumber Decision Nears

The U.S. Department of Commerce is scheduled to announce… link to full story

06.15.17 - Port of Los Angeles handles record 796,000 TEUs in May

  Just one day after the Port of Long Beach in Southern… link to full story

06.14.17 - CMA CGM to buy Brazilian line Mercosul from Maersk

Container shipping firm CMA CGM is to acquire Brazil's… link to full story

06.14.17 - US box imports set for record volumes

Transpacific spot rates could see further gains this… link to full story

06.14.17 - Air freight demand growth accelerates in May

With results in from many of the world’s major cargo… link to full story

06.13.17 - COSCO Ports to acquire majority stake in Spanish terminal operator

COSCO Shipping Ports Ltd., the port terminal operator… link to full story

06.13.17 - Ports of LA, Long Beach set new zero-emissions goals

Officials from the cities of Los Angeles and Long Beach,… link to full story

06.13.17 - Latin America draws China freighters with steady rise in charters

Mexico is turning into a magnet for Chinese passenger… link to full story

06.08.17 - The State of Global Shipping in Three Charts

The shipping industry, which has ailed for years, is… link to full story

06.08.17 - Hapag-Lloyd becomes latest carrier to bring in container booking cancellation fee

Hapag-Lloyd has become the latest container shipping… link to full story

06.08.17 - NWSA to invest $55m in cranes, terminal improvements

The Northwest Seaport Alliance (NWSA), the entity that… link to full story

06.07.17 - Industry slow to adopt Uber-for-freight model

The Uber model for trucking still may be poised to… link to full story

06.07.17 - Containership supply tight, but carrier clout brings charter rates back down

Despite a limited supply in several sectors, daily… link to full story

06.05.17 - ULCVs will ply the transpacific trade, but the ports are not ready for them

Despite a near doubling of the number of 13,000 teu-or-above… link to full story

06.05.17 - FAA to award US$527.8m in airport grants

As part of its Airport Improvement Program (AIP), the… link to full story

06.01.17 - Commodity Currencies Fall on Oil Decline

The dollar rose against the currencies of commodity… link to full story

06.01.17 - Japan’s ‘Big 3’ to operate as Ocean Network Express

Japan’s three major shipping companies - Kawasaki Kisen… link to full story

May 2017 Industry News
05.26.17 - New England Ports Plot Course to Deal with Changing Shipping Industry

Cargo ships are growing. Shipping rates have plunged.… link to full story

05.26.17 - Rail traffic growth trend continues in U.S., Canada

U.S. railroads' traffic increased 5.5 percent to 534,922… link to full story

05.26.17 - American Wheat Great Again as Exports to Overtake Russia’s

One irony of the situation is that the U.S. is taking… link to full story

05.26.17 - April Drewry price index indicates ongoing recovery

Consider the airfreight recovery to be still alive… link to full story

05.25.17 - World trade flows point to strong global growth

World trade flows grew in the first quarter, continuing… link to full story

05.25.17 - Hapag-Lloyd finally completes merger with UASC

Hapag-Lloyd and UASC today pushed through further consolidation… link to full story

05.25.17 - Vessel Calls from Oakland to Southeast Asia Up by 50 Pct

The Port of Oakland has assumed a more prominent role… link to full story

05.25.17 - Broward County panel OKs Port Everglades expansion

Port Everglades yesterday received approval from the… link to full story

05.25.17 - New record set for largest-capacity vessel to transit expanded Panama Canal

Less than a month after the previous record was set,… link to full story

05.25.17 - U.S. corn yield limited if conditions land below 70 pct -Braun

Corn market participants often dismiss U.S. crop condition… link to full story

05.25.17 - TPM 2017: CEO, Mark Laufer Interview

CEO Mark Laufer on the impact of the Hanjin bankruptcy… link to full story

05.24.17 - APL turnaround brings significant boost to CMA CGM first quarter results

A dramatic turnaround in the fortunes of recently acquired… link to full story

05.24.17 - Air cargo and global value chains: Made for each other

Each day, semiconductors made in Japan are flown to… link to full story

05.22.17 - Georgia’s ports set new industry standard: Total tonnage climbs by 13 percent

The Georgia Ports Authority handled 333,006 twenty-foot… link to full story

05.22.17 - U.S. Strikes Gentler Tone on Nafta as Countdown to Talks Begins

U.S. President Donald Trump’s top trade negotiator… link to full story

05.18.17 - New shipping alliances causing delays at USWC ports

Tacoma has become the first US west coast port in the… link to full story

05.18.17 - Study shows growth in digital linkages between customers and suppliers

Supply chain software is usually invisible to end customers,… link to full story

05.18.17 - Carriers may be getting containership capacity crisis under control at last

Container shipping lines may be finally getting the… link to full story

05.17.17 - Top passenger airport Atlanta invests heavily to boost its cargo credentials

Atlanta Hartsfield-Jackson airport is trying to attract… link to full story

05.17.17 - Will the Panama Canal Authority correct the problem before it gets worse?

Larger ships, known as Neopanamax, were expected to… link to full story

05.16.17 - Shipping Companies’ Alliances Stir Fear Among Farmers

As a strong dollar makes U.S. commodities more expensive… link to full story

05.16.17 - Sneakers Made from Corn? Seat Cushions From Soybeans?

Facing overstuffed silos and forecasts for another… link to full story

05.16.17 - Drewry: Global container volumes up sharply in Q1

Container volumes in the first quarter of 2017 were… link to full story

05.15.17 - Port of Cleveland continues to make strategic infrastructure investments in its facilities

The Board of Directors of the Cleveland-Cuyahoga County… link to full story

05.15.17 - Oakland volumes grow 4% in April

The Port of Oakland handled 196,247 TEUs of containerized… link to full story

05.15.17 - Europe's Fashion Brands Expand in U.S. Even as American Stores Close Doors

European retailers hungry for growth are pushing deeper… link to full story

05.15.17 - Industry-wide data platform an inevitability

The air cargo industry should develop a sector-wide… link to full story

05.12.17 - Trump administration praises deal expanding trade with China

The White House announced Thursday that the U.S. and… link to full story

05.12.17 - Port’s container volumes climb in April; ‘Big Ship Era’ is underway in Virginia

The Port of Virginia® moved 225,196 twenty-foot equivalent… link to full story

05.11.17 - US containerized imports forecasted to grow in coming months

US containerised imports are predicted to see steady… link to full story

05.11.17 - Shippers squeezing margins 'pushed carriers toward bigger ships and alliances'

Container shipping lines yesterday shrugged off accusations… link to full story

05.11.17 - Fitch Affirms ‘A’ Rating for Broward County’s Port Everglades

Fitch Ratings has affirmed the ‘A’ rating on Broward… link to full story

05.10.17 - RFP to study Cross-Harbor Rail Freight Tunnel connecting NJ and Brooklyn

The Port Authority will soon be issuing an RFP (Request… link to full story

05.10.17 - NRF: Major U.S. retail container ports can expect imports to rise

Major retail container ports in the United States should… link to full story

05.10.17 - Fashion’s move to immediacy has resulted in a shipping race

In March, Uniqlo announced a short-term goal of speeding… link to full story

05.09.17 - Biggest Vessel in Port’s History Calls the Port of Virginia

At 1,200 feet long and 158 feet wide, the containership… link to full story

05.09.17 - SC Ports announces strongest April on record for container cargo

South Carolina Ports Authority announced its strongest… link to full story

05.09.17 - Port of Long Beach Sees April Boost

Hyundai Long Beach arrives at the Port of Long Beach’s… link to full story

05.08.17 - April Jobs Report Hints at Growth in Logistics Industry

Businesses tied to e-commerce fulfillment resumed hiring… link to full story

05.08.17 - Trudeau Says He Will Consider Retaliating Against U.S. Over Tariff

Canadian Prime Minister Justin Trudeau said Friday… link to full story

05.08.17 - Soybeans are Shipping Out at Record Pace

The world can’t seem to get its fill of soybeans. Exports… link to full story

05.08.17 - Port of Coos Bay proposes $400 million in dredging

The Port of Coos Bay has stepped up its public outreach… link to full story

05.05.17 - U.S. Trade Activity Picks Up in First Quarter

The U.S. trade gap widened in the first quarter compared… link to full story

05.05.17 - Charleston CBP intercepts two invasive pests

U.S. Customs and Border Protection (CBP), Office of… link to full story

05.04.17 - Virginia Doubles Down on Mexico Trade Push After TPP Withdrawal

President Donald Trump’s decision to withdraw the U.S.… link to full story

05.04.17 - Trump’s Nafta Threats Push Mexico to Play Catchup on Innovation

Senosiain is an innovator who helped build his family’s… link to full story

05.04.17 - Air cargo demand growth reaches six year high

Air cargo traffic grew at its fastest rate since late… link to full story

05.04.17 - China Box Congestion Spreads

Congestion at Chinese boxports is spreading causing… link to full story

05.04.17 - New shipping alliances jam up truck traffic for Port of Seattle

Truck traffic often generates complaints around the… link to full story

05.03.17 - U.S. Maritime Regulator Rejects Japanese Shipping Deal

The U.S. maritime regulator has rejected an application… link to full story

05.03.17 - U.S. ends ban on importing Argentine lemons, angering California citrus growers

The California citrus industry was livid Tuesday over… link to full story

05.03.17 - Governor Christie Announces Bayonne Bridge “Raise the Roadway” Ahead of Schedule

Continuing to build on his commitment to growing New… link to full story

05.02.17 - ILWU members to vote on longshore contract extension

The International Longshore and Warehouse Union (ILWU)… link to full story

05.02.17 - Steel imports spike in March

Steel imports spiked by nearly a quarter in March,… link to full story

05.01.17 - Milk Wars Curdled U.S.-Canada Ties Long Ago

Donald Trump sent much of the presidential campaign… link to full story

05.01.17 - Maersk Line to pay $4 billion for Hamburg Sud

The world's biggest container shipping company Maersk… link to full story

05.01.17 - Massive ships threaten Portland’s container export prospects

Increasingly massive container ships threaten the relevance… link to full story

05.01.17 - U.S. soy exports big beneficiary of Brazil's price woes: Braun

The Brazilian farmer’s reluctance to sell newly harvested… link to full story

April 2017 Industry News
04.28.17 - Alliance revamp 'a disaster', bringing chaos to Asia-Europe tradelanes

“Organized chaos” – that’s how one carrier describes… link to full story

04.28.17 - Trump Administration Launches Probe of Aluminum Imports

The Trump administration launched a wide-ranging probe… link to full story

04.28.17 - Crushing blow to soy processors as Chinese grow wary on GMO

A Chinese consumer backlash against genetically modified… link to full story

04.26.17 - Soy Growers Look to White House Task Force to Lead on Key Issues

The American Soybean Association (ASA) welcomed today’s… link to full story

04.26.17 - Some restrictions lifted at Bayonne Bridge

The Port Authority of New York and New Jersey said… link to full story

04.26.17 - Airfreight rates climb in March

Global average airfreight rates increased in March… link to full story

04.25.17 - Japan imports more chipping potatoes to offset domestic shortage

Japan will have to import more potatoes for chipping… link to full story

04.25.17 - Trump Slaps Duty on Canada Lumber, Intensifying Trade Fight

Trump announced the new tariff at a White House gathering… link to full story

04.24.17 - Three Hard Lessons the Internet Is Teaching Traditional Stores

With brick and mortar stores shuttering at a record… link to full story

04.24.17 - Port of Los Angeles March volumes up 29 percent

March cargo volumes jumped 29 percent at the Port of… link to full story

04.21.17 - North American freight market growth continues in March

The North American freight market showed continued,… link to full story

04.21.17 - Port of Charleston setting cargo records as container ships grow larger

A pair of record-setting months has put the State Ports… link to full story

04.21.17 - Shanghai port, world's busiest, grapples with traffic congestion

The world's busiest container port, Yangshan in China's… link to full story

04.20.17 - Next round of port contracts likely to be settled without strife, expert forecasts

U.S. maritime labor, concerned about retaining shipper… link to full story

04.20.17 - Slow start to U.S. corn planting may lead to tug-of-war with soy: Braun

U.S. farmers are off to a slow start on corn plantings… link to full story

04.20.17 - Strong demand means air freight shippers must expect higher prices

Signs that the airfreight market is finally correcting… link to full story

04.20.17 - Trump Can’t Stop California Bullet Train Fueled by New Bond Sale

The state on Thursday plans to sell $1.25 billion in… link to full story

04.20.17 - Alliance and Network Update April 2017

April 20, 2017 Alliance Update   To Our Valued Customers:  With… link to full story

04.19.17 - IMF Boosts Global Growth Forecast to 3.5% Despite Geopolitical Angst

The global economy is on course for its best performance… link to full story

04.19.17 - America's cattlemen want it back

One question loomed large Tuesday during the vice president's… link to full story

04.19.17 - Expanded rail capacity for Port of Everett

The Port of Everett, Wash., has begun construction… link to full story

04.19.17 - Shanghai's Yangshan Port suffers massive delays

Bad weather and shrinking capacity following a recent… link to full story

04.19.17 - Homebuilders Could Be Losers in Early Test of Trump Trade Policy

A long-simmering trade dispute between the U.S. and… link to full story

04.18.17 - The New Shopping Hubs for Cities: Warehouse Distribution Centers

Past scrapyards, railroad tracks, stacks of old wooden… link to full story

04.18.17 - Empire State manufacturing index slows in April

A gauge of New York area manufacturing slowed considerably… link to full story

04.18.17 - Congestion at Yangshan Port causes delays for lines

Shanghai’s Yangshan Port has been suffering from severe… link to full story

04.18.17 - Transpacific Eastbound Market Update

April 18, 2017 Transpacific Eastbound Market Update   To… link to full story

04.17.17 - U.S. Retail Sales Fall for Second Straight Month

U.S. retail sales fell for the second straight month… link to full story

04.17.17 - Frank Murkowski tries to revive dream of rail link to Canada

Frank Murkowski has never lost his railroad dream.… link to full story

04.14.17 - What in the World Is Causing the Retail Meltdown of 2017?

From rural strip-malls to Manhattan’s avenues, it has… link to full story

04.14.17 - When Robots Take to City Sidewalks

On a sunny day here in the residential Potrero Hill… link to full story

04.14.17 - Port of Indiana welcomes first carrier of shipping season

Officials with the Port of Indiana at Burns Harbor… link to full story

04.13.17 - Americas Cargo Monthly: Demand flies at US carriers

March was a bumper month for US carriers as the big… link to full story

04.13.17 - Shippers want to be partners with carriers not just 'customers'

Shippers would prefer to be treated by container lines… link to full story

04.13.17 - New U.S. pipelines to drive natural gas boom as exports surge

U.S. energy firms are scrambling to finish a slew of… link to full story

04.13.17 - Diesel taxes in California heading higher as state passes funding plan

Starting Nov. 1, truckers will pay more to fill up… link to full story

04.12.17 - Truckers Warn of Squeezed Profits on Weak Volumes, Oversupply

Surging trade at U.S. ports isn’t translating into… link to full story

04.12.17 - Container ports expect strong import numbers for spring and summer

Major American retail container ports are expected… link to full story

04.12.17 - First freight train from UK sets off as China-Europe rail services soar

The first train from the UK to China left London Gateway… link to full story

04.11.17 - Eastbound box shipping capacity crunch could last for months, says Drewry

The backhaul North Europe-Asia capacity crunch could… link to full story

04.11.17 - Lumber Logs a 12-Year High

Lumber prices hit a 12-year high Monday on expectations… link to full story

04.11.17 - Expanded U.S. Beef Sales to China a `Big Prize,’ Spicer Says

President Donald Trump achieved a “big prize” during… link to full story

04.11.17 - Port of Virginia box volumes jump 8.9% in March

The Port of Virginia handled 232,148 TEUs of containerized… link to full story

04.11.17 - European Commission approves Maersk acquisition of Hamburg Sud with conditions

The Europe Commission (EC) has approved Maersk Line’s… link to full story

04.10.17 - Trucking Sector Hiring Slows in March

Trucking firms slowed their roll in March, adding half… link to full story

04.10.17 - Wilbur Ross says U.S. wants ‘tangible results’ with China — and soon

Commerce Secretary Wilbur Ross said the U.S. wants… link to full story

04.07.17 - Port of Oakland import volume spiked 19 percent in March

Port of Oakland import cargo volume increased 19 percent… link to full story

04.06.17 - Destructive weed threatens U.S. corn fields

A U.S. government program designed to convert farmland… link to full story

04.06.17 - Port of Vancouver USA tonnage breaks the 7 million mark in 2016

For the first time in its 105-year history, the Port… link to full story

04.06.17 - India allows duty-free imports of 500,000 tonnes of raw sugar

India, the world's biggest sugar consumer, will allow… link to full story

04.05.17 - Global Shipping Fleet Braces for Chaos of $60 Billion Fuel Shock

Little more than 2 1/2 years from now, the global fleet… link to full story

04.05.17 - U.S. Trade Gap Shrinks as Exports Rise

The U.S. trade gap with China shrank in the first two… link to full story

04.05.17 - Cargo owners complain of ‘total mess’ shipping goods to Asia

The launch of two global container-shipping alliances… link to full story

04.04.17 - Guest Voices: Supply Chains and the Trump Roller-Coaster

Managing unpredictability is an intrinsic part of a… link to full story

04.04.17 - U.S. Factory Activity Continued to Expand in March

Activity in the U.S. manufacturing sector expanded… link to full story

04.03.17 - Lower Mississippi River could gain new container port

Plaquemines Port Harbor & Terminal District (PPHTD) and American… link to full story

04.03.17 - Air cargo rides the wave of an improving world economy

Air cargo rode the “wave of an improving world economy”… link to full story

March 2017 Industry News
03.30.17 - Cargo Container Trade Expected to Grow in 2017

Panelists take questions from the audience at the 13th… link to full story

03.30.17 - Wood chip trade hits record high in 2016

Global trade of wood chips has seen spectacular development… link to full story

03.30.17 - FMC green light for 2M Alliance co-operation with HMM on transpacific

The US Federal Maritime Commission (FMC) has approved… link to full story

03.29.17 - Senators introduce legislation to prevent port slowdowns

The ILA & ILWU contracts expire September 30, 2018… link to full story

03.28.17 - U.S. Farmers Seek Shelter From Nafta Storm

U.S. agricultural producers are lobbying hard on both… link to full story

03.28.17 - Port of Houston invests in container terminals

The Port of Houston said its port commission authorized… link to full story

03.28.17 - FAA forecasts 3.1% average total annual RTM growth for next 20 years

US aviation regulator FAA has issued its long term… link to full story

03.27.17 - NYK, K Line and MOL pass first marker buoy en route to the merger

The Competition Commission of Singapore (CCS) has become… link to full story

03.23.17 - Banker queries delay completion of Hapag-Lloyd-UASC merger

The delay in the merger between Hapag-Lloyd and UASC… link to full story

03.23.17 - First of four new cranes starts work at Port of Savannah

The Georgia Ports Authority has commissioned the first… link to full story

03.23.17 - How smart ULDs and better data can help the cargo terminal of the future

Cargo warehouses of the future will have smart devices,… link to full story

03.22.17 - Port of Oakland set for alliance changes: ‘we’re confident’

Port of Oakland officials said today that they expect… link to full story

03.21.17 - Focus: Miami targets sea-air

A 10-ton consignment of snow peas on board a vessel… link to full story

03.20.17 - Philly port is poised to get new cranes, bigger ships, more cargo, and more jobs

More cars, more containerized freight, and more cargo… link to full story

03.20.17 - China Risk – The Escalating Threat to Foreign Business

Whilst much attention has been focused on United States/China… link to full story

03.17.17 - Good news at last for shipowners in the container charter market

Brokers are reporting good news for embattled containership… link to full story

03.17.17 - April 1st Alliance Restructuring and Impact on US Exporters

March 17, 2017 April 1st Alliance Restructuring and… link to full story

03.16.17 - U.S.-Bound Ocean Imports Fell in February Amid China Slowdown

China’s exporting slowdown weighed heavily on U.S.… link to full story

03.16.17 - U.S. Consumer Prices Rose 0.1% in February

U.S. consumer prices rose further in February, the… link to full story

03.16.17 - WCS17: Air cargo digital disruption takes center stage

The digitization of air cargo is a hot topic at the… link to full story

03.16.17 - Air Canada’s Chief Says U.S. Becoming More Competitive

U.S. President Donald Trump’s plans to cut taxes and… link to full story

03.16.17 - SC Ports Container Volume Up Nine Percent

South Carolina Ports Authority reported nearly nine… link to full story

03.15.17 - The mood in air cargo is upbeat, but watch for pressure on profitability

An upbeat air cargo industry is this week celebrating a… link to full story

03.15.17 - Aussie Bank's 7000-Mile Blockchain Experiment Could Change Trade

When the Marie Schulte rounds the breakwater off the… link to full story

03.15.17 - Global Supply Chains Are About to Get Better, Thanks to Blockchain

When an E.coli outbreak at Chipotle Mexican Grill outlets left… link to full story

03.14.17 - North Carolina Ports Attracts Additional Transpacific Container Service

North Carolina Ports is pleased to announce a new partnership… link to full story

03.13.17 - Trump’s Plan to Bring Back Manufacturing Isn’t Crazy

The head of President Donald Trump’s National Trade… link to full story

03.10.17 - THE Alliance draws up trust fund to protect group from member bankruptcy

THE Alliance is to set up an independently managed… link to full story

03.09.17 - Cargo iQ: Air cargo should focus on reliability not speed

Putting the spotlight on reliability is key, which… link to full story

03.09.17 - Port of Long Beach cargo declines during Lunar New Year

Dockworkers move containers at the Port of Long Beach’s… link to full story

03.09.17 - Check the terminal choices before you pick your carrier, shippers advised

As the annual shipper and carrier contract season moves… link to full story

03.08.17 - Port of Oakland marine terminal night gate breakthrough hailed

California’s trucking industry has honored a Port of… link to full story

03.08.17 - Alliance reshuffle gives containership charter market a welcome boost

Chartering activity by member lines of the Ocean and… link to full story

03.07.17 - Airfreight's positive momentum continues in January

Air cargo demand growth continued its “positive momentum”… link to full story

03.06.17 - Port of Baltimore Starts 2017 Off With Record Month

Coming off a record 2016, the Helen Delich Bentley… link to full story

03.06.17 - Heavy-Duty Truck Orders Rose for Fourth Straight Month

Orders for new heavy-duty trucks rose in February for… link to full story

03.03.17 - How trade jitters made lumber February’s best-performing commodity

Lumber futures scored the biggest gain among major… link to full story

03.02.17 - Port of South Louisiana: Channeling a bold Trump infrastructure plan

Of the ten states that border the main stem of the… link to full story

03.02.17 - U.S. Consumer Comfort Hits 10-Year High on Economic Outlook

Consumer comfort rose to an almost 10-year high in… link to full story

03.02.17 - Rate Bets Boost Dollar as Stocks Slip From Records: Markets Wrap

The bullish tone on global financial markets evaporated… link to full story

03.01.17 - Shippers want progress on air cargo digitization

A new position paper from TIACA’s Shippers’ Advisory… link to full story

03.01.17 - Soy Growers: Water Regulation Must Focus on the Farmer as Environmentalist

The American Soybean Association (ASA) cheers a direction… link to full story

February 2017 Industry News
02.28.17 - Longshoreman Union Leader Stalls Planned Work Shutdown

The president of the International Longshoremen’s Association… link to full story

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