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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)


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


Sixteen Tons of Beer for Brooklyn

The beer in the stowed container (Photo: Hapag-Lloyd)

In 1966 North German Lloyd (NDL) carried out Germany’s first multimodal door-to-door shipment. The customer was delighted as cargo could no longer ‘get lost’ on the way. An interesting, almost forgotten story from the beginning of the container era.   The announcement by the American shipping company Sealand at the beginning of 1966 that they would establish a container service between the East Coast of the U.S.A. and Europe caused action at Hapag and NDL


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


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


Port of Ystad Posts Record First Half

(Photo: Port of Ystad)

Port of Ystad, which saw record-breaking volumes in 2015, continues reaching new record numbers in 2016 for traffic to and from Poland and the Danish island of Bornholm.    The number of ton goods, trucks, busses, cars and passengers all showed an increase during the first half of 2016 compared to the same period last year. The biggest reported increase was the number of trucks with an 18.6 percent increase


Spot Freight Rates Soar from North Europe to Asia

Photo: Maersk Line

 Spot container freight rates from North Europe to China increased by 45 percent this week, reaching a four-year high.   The “World Container Index assessed by Drewry” market reading on the route from Rotterdam to Shanghai jumped to $1,076 per 40ft dry container today


Asia Dry Bulk-Capesize Rates to Climb Again

File Image (CREDIT: AdobeStock)

Number of spot capesize cargoes double from January levels; Pacific capesize earnings now around $14,000 per day.   Freight rates for large capesize dry cargo vessels on key Asian routes, which hit multi-month highs this week, are set to jump further next week on tight tonnage supply and


Is Dry Bulk Still on Track for Profitability in 2019?

© Volodymyr Kyrylyuk / Adobe Stock

The dry bulk industry remains well on target for profitable freight rates in 2019, according to BIMCO. This relies however, on the projected fleet supply growth rate of 0 percent in 2017 continuing. The handymax segment may even see profits in 2018 as demand may go beyond 2 percent in 2017 before


Polish Terminal Dispatching LNG to Estonia

Photo: Gas Transmission Operator GAZ-SYSTEM

 Liquefied natural gas from the Świnoujście LNG terminal is being loaded onto tank trucks and transported to Estonia. Its serves as fuel for ferries built in 2015 in the Polish shipyard in Gdańsk.    The loading of LNG onto tank trucks takes place at the terminal on business days


Tauranga Port Aims to Handle a Million Cargo Containers

Photo: Port of Tauranga

 New Zealand's largest freight gateway Port of Tauranga says it is on track to break the country's record for transporting more than one million containers in a single year.   "Our results show the Port of Tauranga is continuing to reinforce its position as the country's premier


Asia Dry Bulk-Capesize Rates Up on Increased Traffic

File Image (CREDIT: AdobeStock)

Record iron ore prices fuelling capesize chartering boom; freight rates rise by around $1 per tonne in a week.   Freight rates for large capesize dry cargo vessels on key Asian routes, which hit multi-week highs on Wednesday, are set to continue to climb next week on buoyant iron ore cargo


St. Louis Regional Freightway, New Orleans Port Sign MoU

Brandy D. Christian (Right), President and CEO of the Port of New Orleans, and John M. Nations, President and CEO of Bi-State Development, sign an MOU Feb. 23, 2017 at the Port Administration building between the Port and the St. Louis Freightway. Photo Port of New Orleans

The Board of Commissioners of the Port of New Orleans and the St. Louis Regional Freightway today entered into a Memorandum of Understanding (MOU) to exchange market and operational information with the goal of growing trade and building upon existing and new business relationships between the two


Asia-North Europe Box Rates Up 7 pct

File Image: Credit Port of Boston

Container spot freight rates from Asia to Northern Europe rose 7 percent to $961 per twenty-foot equivalent units (TEU), the Shanghai Containerized Freight Index showed on Friday.    Freight rates from Asia to ports in the Mediterranean rose $38 to $882 per TEU


Georgia Ports mark busiest month

The Ports of Savannah and Brunswick achieved a 26 percent increase in total tonnage in January, compared to the same month last year. Find print quality images here. (Georgia Ports Authority  Stephen B. Morton)

The Georgia Ports Authority achieved outstanding January results, with double-digit growth across all business sectors and a 26 percent increase in total tonnage.   "The Port of Savannah is unrivaled in its connectivity into the heartland of the U.S


Hapag-Lloyd 2016 Profit Dips on Weaker Box Rates

File photo: Hapag-Lloyd

FY operating profit down 66 pct and freight rates down 15.4 percent in 2016. Company says merger benefits, cost cuts help.   German container shipping firm Hapag-Lloyd on Tuesday reported a 66 percent year-on-year fall in operating profit for 2016


More Room for Asian VLCC Rates to Fall

Image: Ocean Freight Exchange

VLCC rates on the AG/Japan route tumbled by nearly w10 points within a day to w60 on Tuesday, after news of S-Oil placing Australis on subs for an AG/Onsan run at w54.75, loading March 13-15 basis 274kt, broke. Charterers went for the jugular


Asia Tankers-VLCC Rates Uncertain on Tonnage Woes

File Image (CREDIT: AdobeStock)

MidEast tanker rates fall to $22,000 a day, below breakeven; 52 VLCCs to be delivered this year, highest since 2011.   Freight rates for very large crude carriers (VLCCs), which fell to four-month lows this week, face an uncertain direction next week as refinery maintenance and excess


Asia Dry Bulk-Capesize Rates Pressured Abundant Tonnage

File Image (CREDIT: AdobeStock)

Capesize rates from Western Australia to China at 8-week high; shipowners parking ships off South Africa to stop rates falling.   Freight rates for large capesize dry cargo vessels on key Asian routes could remain rangebound next week as abundant tonnage puts a ceiling on freight rates even


Intermodel Usage Excels in Port of Gdansk

Photo: Port of Gdansk/Kacper Kowalski

 The Port of Gdansk  handled a total of nearly half a million trucks and almost 240,000 railway wagons in 2016.    In comparison to 2015, it was a leap of 43% in the case of trucks, and of 24% in terms of the intensity of rail traffic


Chidambaranar Port Trust Celebrates Safety Week

Photo: Chidambaranar

 46th Safety Week Celebration was inaugurated in V.O. Chidambaranar Port. The Safety Week Celebration for the year 2017 commenced with the flagging off of safety procession by U. Rajendran, Traffic Manager, V.O.Chidambaranar Port Trust.   






 
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