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Truck Freight

GAO Compares Costs of Freight Shipment Modes

The Government Accountability Office (GAO) issued its report comparing the costs of road, rail, and waterways freight shipments that are absorbed by the government and not passed on to consumers.  The analysis shows that on average additional freight service provided by trucks generated significantly more costs that were not passed on to consumers than the same  amount of freight service provided by either rail or water.  The report estimates that freight trucking costs that were not passed on to consumers were at least six times greater than rail costs and at least nine times greater than waterways costs per million ton-miles of freight transport.  GAO-11-134 (2/28/11).     (Source: Bryant’s Maritime News)


Ingram Barge to Participate in EPA’s SmartWay

Ingram Barge Company announced its participation in the new Barge Freight component of the SmartWay Transport Partnership, a public-private partnership between the U.S. Government’s Environmental Protection Agency (EPA) and the country’s leading private industry freight carriers and freight users aimed at reducing carbon, oxides of nitrogen and particulate matter emissions. Ingram has been involved with the EPA in helping to develop


Canada Clarke Expanes Freight Management Ops

Canada's Clarke Inc. doubled the size of its freight-management division with the purchase of four U.S.-based companies. Clarke, which has freight transportation and logistics services throughout North America, said it had bought Focus Carriers of Memphis, Tennessee; Kenley Trucking Inc of Atlanta, Georgia; and Creative Logistics of Ripon, California. Purchase prices were not disclosed. - (Reuters)


Finnlines Shares Plunge On Profit Warning

Shares in Finnish shipping company Finnlines plunged on Wednesday after it said 2000 profit would be worse than expected due to tough competition, higher oil prices and strikes hindering business. On Wednesday shares were trading down 12.5 percent at 23.99 euros, under-performing already soft Helsinki shares. In February Finnlines posted a 1999 profit before extraordinary items of 67.3 million euros ($64.46 million) and said the outlook for 2000 was uncertain due to factors such as tighter


SeaBridge Freight - New Cargo Service

photos_jaxportchibri_web.jpg

SeaBridge Freight, Inc. of Jacksonville, FL announced that it will launch its “marine highway” short sea transportation service on December 1, 2008. SeaBridge Freight will initiate its bluewater container-on-barge operation between the Port of Brownsville, TX and Port Manatee, FL. The Company’s 600 TEU capacity barge (approximately 300 truckloads) will link the large and growing Texas/Mexico and Southeastern U.S. markets.


Donahue to Direct PwC Freight Transportation

John Donahue

PwC US today announced the addition of John Donahue as a director in the firm’s transportation and logistics sector within the larger Industrial Products practice. With more than 25 years of experience in all aspects of the transportation and logistics industry, Donahue will be responsible for leading the freight-related segments for the firm’s transportation and logistics engagements. According to PwC, Donahue will help freight transportation companies implement new business


AAPA Forum to Focus on Technology Solutions

“Moving Goods: More, Better, Faster, Safer” is the theme for the American Association of Port Authorities’ 2007 Operations, Information Technology & Safety Seminar, slated for April 24-26 in Jacksonville, Fla. The seminar will focus on the integration and cooperation required today among those challenged with maintaining and improving freight-handling operations at public ports. Rapidly increasing trade volumes, heightened security requirements and changes in technology can compromise


French, Spanish Funds for Motorways of the Sea

Funding Commission authorises state aid to a Franco-Spanish Motorways of the Sea project and includes it among the twenty-two selected projects for Marco Polo financing The European Commission gave its green light for the public financing from France and Spain to the Fres Mos project. It will link the French port of Nantes-Saint Nazaire with the Spanish port of Gijon, and will be operated by GLD Atlantique. This Motorways of the Sea project will also receive an EU grant in the framework of


LaHood Announces Recipients of $7M in Marine Highways Grants

U.S. Transportation Secretary Ray LaHood announced $7m is being awarded to the Mississippi Department of Transportation, the Virginia Port Authority and the Tennessee-Tombigbee Waterway Development Authority to support the transportation of marine cargo between U.S. ports. The announcement comes just five weeks after unveiling the America's Marine Highway program, a new initiative to move more cargo on U.S. waterways.


PayCargo Re-introduces its Logistics Credit Program

PayCargo logo

Provider of electronic invoicing and settlement solutions for the shipping industry, PayCargo, LLC, says it has brought back its highly successful PayCargo Credit Program. PayCargo provides a global, online freight payment system that allows shippers, carriers and freight brokers of all sizes to settle accounts faster and more safely than ever before. Since being spun out of a major financial services company earlier this year


Cautious Optimism in LPG Shipping: Dorian LPG

Photo: Dorian LPG

 Global liquefied petroleum gas (LPG) export volumes for the calendar 2015 reached 80 million metric tons, an 11 percent increase over the previous year.    U.S. LPG exports alone reached a record of nearly 21 million metric tons


NVOCCs Form US-South-Africa Partnership

CaroTrans, a global non-vessel operating common carrier (NVOCC) and ocean freight consolidator, has entered a partnership with Thrutainers International, an established NVOCC in South Africa. This cooperation creates a U.S.- Sub-Saharan Africa import/export LCL service network in this important


Asia Dry Bulk-Capesize Rates Should Remain Flat

Western Australia-China rates hit near 17-year low; owners explore laying-up ships. Freight rates for capesize bulk carriers on key Asian routes should remain flat next week as the Lunar New Year holiday in China will curtail chartering activity, shipbrokers said on Thursday.


Asia-Europe Box Rates Down 8 pct

The containership Maersk Kalmar. Maersk controls around a fifth of containers transported from Asia to Europe. (file image)

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 8.1 percent to $431 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.


Box Rates Drop, Chinese New Year No Help

File Image:Maersk

Falling shipping freight rates for transporting containers from Asia to Northern Europe on Friday showed there was no traditional surge in cargo exports from China ahead of the Chinese New Year, indicating a bleak outlook for the industry.


Miserable Start for Dry Bulk Shipping

Graphics: BIMCO

 The global production of steel dropped in 2015 compared to 2014, to a larger extent outside China, as China exported its surplus of steel to destinations across the globe; it is too complex to single out whether this is positive or negative for the seaborne dry bulk transport demand


Port of Indiana Handles Record Volume

Courtesy Port of Indiana

 The Port of Indiana-Mount Vernon set a new annual shipping record in 2015 by handling over 6.6 million tons for the first time in its 40-year history. This was a 36-percent increase over 2014 and 30 percent higher than the previous record set in 1994


BIMCO: Tanker Market Stays Strong, Demand is High

The KOTC operated VLCC Al Kout. (Photo: DSME)

According to a recent BIMCO Shipping Market Analysis, the global tanker market remains a bright spot in the global shipping market, with demand staying high. Below is a synopsis of the report's latest findings.   More than anything else


Boxship Fleet Growth is Slowest in 25 Years

A large, modern containership underway. (credit: UASC)

Global container ship capacity is expected to increase by 4.6 percent in 2016, the slowest growth rate in more than 25 years, giving some relief to an industry hammered by oversupply, consultancy firm Alphaliner forecast on Tuesday. Freight rates have plunged


Ro-Ro Volumes at Ports of Stockholm Thrive

Courtesy Ports of Stockholm

High volumes of RoRo freight in December generated the strongest end of year monthly figures at Ports of Stockholm since 2011. Freight volumes in the RoRo segment, goods transported by haulage vehicles on ferries, were higher than the December totals for the previous three years


Asia Dry Bulk-Capesize Rates Likely to Remain Flat

File Image: a so-called ValeMax Bulk Carrier

Chinese iron ore and coal imports to fall in 2016 - Clarkson Freight rates for capesize bulk carriers on key Asian routes are likely to stay flat as vessel volumes outpace cargo demand and the approaching Chinese New Year holiday further dampens chartering activity, ship brokers said on Thursday


MSC Acquires Portugal Intermodel CP Carga

Photo: CP Carga

 Swiss  Mediterranean Shipping Co. (MSC) has finalized the acquisition of CP Carga, the freight and logistics unit of Portugal’s state-owned railway.   MSC Rail, railway company of MSC, has completed the acquisition of the CP Carga - Logística e Transportes


Asia-Europe Box Rates Fall Again

File Image (Maersk)

Shipping freight rates for transporting containers from ports in Asia to Northern Europe fell by 13.9 percent to $469 per 20-foot container (TEU) in the week ended on Friday, one source with access to data from the Shanghai Containerized Freight Index told Reuters.


Redwood City to Boost Bauxite Ore Imports

The Port of Redwood City Commission Wednesday approved expanding acreage use by International Materials Incorporated (IMI) for its handling of bauxite ore imports.   IMI entered its initial lease agreement with the Port in 2010 for approximately a 2


U.S. Seaports: Cargo Volumes Rise 3.1%

(Photo: Greg Trauthwein)

Seaports are seeing a steady rise in waterborne cargo volumes according to new numbers from U.S. Army Corps of Engineer’s report. Overall, 2014 freight tonnages increased 3.1 percent over 2013 totals. The Corps of Engineers’ Waterborne Commerce Statistics Center tracks the commercial






 
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