Maersk Line, the world’s largest container shipping company, has signed a USD 1.1 billion contract with South Korean shipbuilder Hyundai Heavy Industries (HHI) for the construction of nine container ships with a capacity of 14,000 TEU (twenty-foot equivalent) each
Archive for the ‘CONSUMER GOODS’ Category
Road work in Kentucky, Arkansas to slow traffic
Officials in Kentucky and Arkansas have warned truckers about two repair jobs that will impact the efficient movement of traffic.
AAR, rail shipper groups applaud Senate’s passage of STB bill
The Surface Transportation Board Reauthorization Act of 2015 (S. 808), which was passed late last week by the U.S. Senate, would bring “commonsense improvements” to the board’s review of rate cases, Association of American Railroads (AAR) officials said in a press release.
US Shippers face higher rates from truck, warehouse capacity tightening
Don’t have time to rehash last year and want to know what’s in store for the next 18 months? You’ve got freight to move, so here are the takeaways from the annual State of Logistics report released on Tuesday by the Council of Supply Chain Management Professionals and JOC.com reporting. (This article requires registration at […]
33-foot trailer amendment narrowly passes Senate Appropriations Committee
WASHINGTON — The Senate Appropriations Committee Thursday narrowly passed an amendment to the Senate version of the FY2016 Departments of Transportation and Housing and Urban Development appropriations bill that would allow twin 33-foot trailers on U.S. highways. The entire bill was approved and Senate to the full Senate.
State of Logistics: Truck Drivers Sorely Wanted
The numbers are in, and 2014 was the “best year for the supply chain industry since the Great Recession.” Over the course of the year, the transportation sector grew by 3.6%.
U.S. Manufacturing Shows Signs of Stabilizing, New Data Suggests
WASHINGTON — A gauge of American business investment spending plans rose in May, a tentative sign of stabilization in the manufacturing sector, which has been weak since the late summer of 2014.
U.S. Durable Goods Down 1.8% as Businesses Remain Cautious
WASHINGTON—Demand for big-ticket manufactured goods fell for the third time in four months in May, suggesting that business investment remains subdued. (This article requires a subscription with The Wall Street Journal. To access, please click on the above link.)
The EPA Thinks Truckers Aren’t Doing Enough To Save Fuel – How Is That Possible?
Why do we need EPA regulations to persuade truckers to save money? Shipping companies were presumably aware that fuel is costly and that they can reap savings by paying more upfront for more efficient trucks
Jaxport receives boxes for first LNG-powered containerships
Jaxport received its first shipment of brand new 53-foot Wide-Top Pick cargo containers this week for TOTE, Inc.’s Marlin Class ships, the first LNG-powered containerships, the Jacksonville Port Authority said in a statement