Archive for the ‘CONSUMER GOODS’ Category

Maersk Line Orders USD 1.1 Billion Worth of Boxships at HHI

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

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.

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.)