Improving U.S. Freight Transportation System
The Panel on 21st Century Freight Transportation published its final report on United States freight transportation, offering an assessment of its current condition with recommendations for strengthening nationwide infrastructure and U.S. economy. The panel, led by its Chairman, U.S. Rep John J. Duncan, Jr. (R-TN) and Ranking Member Jerrold Nadler (D-N.Y.), was founded by Full Committee Chairman Bill Shuster (R-Pa.) and Ranking Member Nick J. Rahall, II (D-W.Va.) in April 2013 to examine U.S. freight transportation, the role it plays on the nation’s economy and ways in which it may be improved, including financially, structurally and technologically. Direct the Secretary of Transportation, in coordination with the Secretary of the Army and the Commandant of the U.S.
U.S. International Trade and Freight Transportation Trends
The Bureau of Transportation Statistics issued a Press Release
U.S. DOT Chief LaHood Establishes Freight Advisory Committee
DOT Announces Proposal to Establish ‘National Freight Network’. U.S. Transportation Secretary Ray LaHood has announced the establishment of a National Freight Advisory Committee to provide recommendations aimed at improving the national freight transportation system. A strong freight transportation system is critical to the nation’s economy and essential for helping meet President Obama’s goal of doubling U.S. exports by 2015. “Our freight system is the lifeblood of the American economy,” said Secretary LaHood.
Donahue to Direct PwC Freight Transportation
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 strategies…
Ocean Freight Shipping Rates on the Rise
After a downtrend in the freight shipping tanker market since the middle of 2007, the industry has seen nothing but rate increases in the last month. The cost of freight shipping can mean an increase in the cost of many consumer products, according to FreightBrokering.info, which is why it's so important to keep freight transportation costs down. There are many reasons why the costs of ocean freight shipping have increased. Indian Oil Corporation recently paid $9 million in freight transportation charges for shipping crude oil on a very large crude carrier from West Africa to Vadinar, India. The high freight rate was a result of oil firms scrambling to hire ships before the holiday season started, leading to a shortage of ships.
Maritime Sector Moved Largest Percentage of International Trade in 2001
According to the Bureau of Transportation Statistics new publication, entitled U.S. International Trade and Freight Transportation Trends, more than 10 percent of the 16 billion tons of freight moved on the U.S. transportation system is international freight. The largest percentage of U.S. international trade (78% by tonnage and 38% by value) moved in the maritime sector in 2001.
Port of LA is Top Gateway
The Port of Los Angeles became the top U.S. international freight gateway by shipment value in 2003, according to a soon to be released report from the U.S. Department of Transportation’s Bureau of Transportation Statistics. America’s Freight Transportation Gateways shows that Los Angeles’ water port handled $17 billion in export trade and $105 billion in imports, totaling $122 billion in business handled by the port. Los Angeles handled $10 billion more than the $112 billion in freight that moved through JFK International Airport, now the second-ranked international freight gateway in 2003. JFK held the number one position on the list of international freight gateways since 1999, but was overtaken by the Port of Los Angeles last year.
Global Marine Port and Service Industry to Grow at a CAGR of 4.7%
According to a new industry report published by Lucintel, the future of the global marine port and service industry looks good, with opportunities in the marine freight transportation industry. As per a Lucintel study, the global marine port and service industry is forecast to grow at a CAGR of 4.7% from 2015 to 2020. The major drivers of growth for this industry are high growth of the marine freight transportation industry and surging demand of containerized and bulk cargo. Increasing global exports…
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)
NASSTRAC Sets Agenda for 2013 Conference Expo
The National Shippers Strategic Transportation Council, NASSTRAC, announces agenda for 2013 Shippers Conference & Transportation Expo. This event, which is developed specifically for the education and networking needs of transportation and supply chain executives with manufacturers, retailers, wholesalers and distributors, will take place April 21-24, 2013 at the Rosen Shingle Creek Resort in Orlando. This year's conference will feature more than 25 educational sessions that cover relevant topics on transportation that range from economic freight indicators and perspectives of carrier challenges from CEOs in all modes to advocacy issues such as hours of service and CSA.
AAPA and GPA to Host Conference
The American Association of Port Authorities (AAPA), in coordination with the Georgia Ports Authority, will host the seminar Communicating the Importance of Infrastructure Investment, June 21-23, at the Hyatt Regency in Savannah, Ga. Targeting public and government relations professionals throughout the freight transportation industry, the conference will focus on effectively communicating with policymakers, and those who influence policy, on the benefits of freight infrastructure improvements. “We appreciate the work the AAPA does on behalf of our seaports and look forward to this informative communications seminar that will help those who advocate for freight,” said GPA’s Executive Director Curtis J. Foltz.
Annual TRB Meeting in D.C.
The Transportation Research Board (TRB) of the U.S. National Science Foundation will hold its 82nd Annual Meeting
Multimodal Leaders to Discuss Freight Infrastructure
Trucking, rail and port panelists will explore the benefits of improving America’s intermodal freight transportation system. On May 13, American Association of Port Authorities (AAPA) President and CEO Kurt Nagle will join forces with CEOs representing trucking, railroad and other transportation interests who will offer a host of oftentimes startling facts, surprising statistics and unique stories about the value of investing in our nation’s freight transportation infrastructure in Washington D.C.
AAPA Supports 'Move America Act'
'Move America Act of 2015' would help fund landside improvements to U.S. The American Association of Port Authorities (AAPA)—the unified and recognized voice of seaports in the Americas—publicly voiced support for the bi-partisan Move America Act of 2015 infrastructure bonding and credits legislation introduced today in Congress by Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) and Senator John Hoeven (R-N. Dak.). The Move America proposal would provide more tax-exempt financing for public-private partnerships…
Global Container Fleet Market to Grow 3% in 2017-21
A report forecasts the global container fleet market to grow at a CAGR of 3.19% during the period 2017-2021. The report says key vendors in the market are Maersk, CMA CGM & MSC. To calculate the market size, the report by Research and Markets considers volume based on container fleet capacity for the respective region or the container type. It considers freight volume based on the freight volume shipped by the vendors operating in the market making use of the containers. The latest trend gaining momentum in the market is increasing use of fleet management system.
EU Marco Polo Program
The European Commission issued the First Call for Proposers regarding the EU Marco Polo Program. The program is intended to reduce road congestion in Europe by shifting freight transportation from highways to short sea shipping, rail, and inland waterways. Proposals under this program should be submitted by December 10. Source: HK Law
U.S. DOJ: Guilty Plea in Price Fixing Case
Florida-Based Sea Star Line LLC Agrees to Plead Guilty and Its Former President Is Indicted for Price Fixing on Coastal Freight Services Between the Continental United States and Puerto Rico Sea Star Line Also Agrees to Pay $14.2 Million Criminal Fine. Sea Star Line LLC has agreed today to plead guilty and to pay a $14.2 million criminal fine for its role in a conspiracy to fix prices in the coastal water freight transportation industry, the Department of Justice announced. Additionally…
Asia-Pacific Nations Pledge Cooperation on Clean, Energy-Efficient Transportation
Transportation, Energy Ministers from Asia-Pacific Nations Pledge Cooperation on Cleaner, More Energy-Efficient Transportation. Transportation and energy ministers from 21 economies in the Asia-Pacific region today agreed to continue progress on initiatives to make transportation in the region cleaner and more energy-efficient, U.S. Transportation Secretary Ray LaHood and U.S. Energy Secretary Steven Chu announced today. The announcement came during the first-ever joint Transportation and Energy Ministerial Conference held by the Asia-Pacific Economic Cooperation (APEC)…
AAPA Expresses Concern Over Stalled Contract
The American Association of Port Authorities today sent a strong message to Congressional Senate, House and Committee leaders, urging them to "take swift action" to avert a rail strike on Dec. 6, which would lead to a discontinuation of freight rail service, potentially costing American businesses and consumers $2 billion a day. "Railroads are a vital component of the freight transportation system and are critical to international trade and goods movement to and from our nation’s seaports," wrote AAPA President and CEO Kurt Nagle.
Webinar to Demonstrate Barge Emissions Tool
The U.S. Environmental Protection Agency (EPA) and SmartWay will host a webinar for barge carriers and other interested stakeholders to demonstrate Barge Tool, designed to help companies calculate carbon, NOx and PM emissions from barge freight movement. Inland Marine freight movement accounts for more than 600 million tons of cargo, with an annual value in excess of $70 billion dollars, and is an exceedingly efficient means of freight transportation. Barge companies are invited to attend this free webinar to see how using barge operations can reduce emissions footprint.
NOL and APL Receive Industry Accolades
Neptune Orient Lines (NOL), and its container shipping subsidiary, APL, this week received top prizes at the Asia Logistics Awards 2006. NOL was lauded for Ethical Responsibility and APL was named Shipping Line of the Year at a gala ceremony in Singapore attended by more than 300 senior representatives of the global logistics and freight transportation industries. NOL’s supply chain management business APL Logistics was also a finalist in the Seafreight Forwarder and 3PL of the Year categories. The annual awards are based on votes cast by the readers of leading supply chain management publication Lloyd’s Freight Transport Buyer Asia, as well as the Asian readerships of Containerisation International and International Freighting Weekly.
Ports of Indiana Announces New Strategic Initiatives
The Ports of Indiana today announced new key initiatives to expand its economic development role. After a year-long strategic planning process involving in-depth research and interviews with industry stakeholders, the organization made the decision to expand its current role and aggressively grow its core business. The Ports of Indiana's new initiatives include spearheading the evaluation of an inland intermodal rail port in Indiana and pursuing increased development financing authority. Indiana's three-port system serves the world's most productive industrial and agricultural region through a combination of strategic locations, intermodal connections and specialized facilities.
Obama’s Budget ‘Grossly Imbalanced’ For US Ports -AAPA
The American Association of Port Authorities (AAPA) said today it is encouraged by the potential of significant gains for landside freight transportation programs in President Obama’s fiscal 2017 budget, bit is disappointed, however, in the proposed funding levels for U.S. Army Corps of Engineers coastal navigation programs, the Environmental Protection Agency’s Diesel Emissions Reduction Act (DERA) grants, and the Federal Emergency Management Agency’s (FEMA) Port Security Grant program.