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| Report: Trucking market poised on knife edge |
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Tuesday, July 24, 2012
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The U.S. domestic trucking market is finely poised, with characteristics that could push it into no growth or capacity shortage, depending on which way the wind blows, according to Noel Perry, senior consultant of the transportation analyst FTR Associates. Perry and fellow senior consultant Larry Gross gave a rundown of rail, trucking, and intermodal markets in FTR’s State of Freight webinar last week. “We need to think about the relationship between truck freight ...
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| Whale avoidance? There's an app for that |
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Thursday, April 05, 2012
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The National Oceanographic and Atmospheric Administration said mariners along the U.S. East Coast can now download a new iPad and iPhone application that warns them when they enter areas of high risk of collision with critically endangered North Atlantic right whales. The free Whale Alert app provides one source for information about right whale management measures and the latest data about right whale detections, all overlaid on NOAA digital charts. Fede...
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| Drewry: Container industry lost $5.2 billion in 2011 |
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Thursday, January 05, 2012
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London-based Drewry Maritime Research estimates the container industry lost as much as $5.2 billion in 2011, despite a projected global container growth of 6.5 percent last year. This year it is predicting overall growth of just 5.4 percent. Drewry said the latest quarterly edition of its Container Forecaster publication predicts 2012 "will be another challenging year for liner operators. With question marks over the strength of global demand, delivery of big ships ...
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| MSC leads on U.S. inbound capacity |
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Tuesday, December 06, 2011
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The liner carrier Mediterranean Shipping Co. is the leading provider of allocated capacity to the United States, according to figures this week from American Shipper liner research affiliate ComPair Data’s World Liner Supply Analytics (WLSA). The European line, second largest in the world, currently provides an estimated 60,555 TEUs of weekly allocated capacity. That accounts for 13.2 percent of all U.S. inbound capacity. Total weekly allocated capacity to the United Sta...
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| AS poll: One-third shippers with cargo rolled |
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Monday, November 21, 2011
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Nearly one in three eastbound transpacific shippers and Non-Vessel Operating Common Carriers has had at least some cargo rolled in recent weeks, but most say it’s not happening often, according to a poll conducted last week by American Shipper . The poll found that 69 percent said they had no cargo rolled at all, while 28 percent said they had experienced rolls, but not often. Only 3 percent said rolls are happening at an increasing rate. American Shipper conducted ...
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| Milwaukee port impacts 1,416 jobs, $2 bn trade |
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Monday, November 21, 2011
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The Port of Milwaukee says an economic impact study estimates it creates 1,416 jobs in Wisconsin. Of the 1,416 jobs, 624 jobs were directly generated by the marine cargo and vessel activity at the marine terminals at the Port of Milwaukee. As a result of the local and regional purchases by the 624 individuals holding the direct jobs, an additional 498 induced jobs were supported in the regional economy, and 294 indirect jobs were supported by $24 ...
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| National top highway chokepoints study |
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Tuesday, November 15, 2011
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A new report by the Texas Transportation Institute identifies 328 stretches of highway across the nation that are seriously congested on a regular basis over a variety of times during the week. The least reliable corridor is the southbound section of Georgia Route 400 in Atlanta between the toll plaza and I-85. According to the study , drivers have to allow 256 percent more time than the average to complete their trip on time 19 out of 20 times. The northbound Van ...
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| Carrier reliability 3Q report from Drewry |
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Thursday, November 10, 2011
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Container service reliability improved for the second quarter in a row during the third quarter of 2011, according to Drewry Maritime Research’s latest Schedule Reliability Insight report. The proportion of 3,281 ships arriving on time (defined as either arriving at port on the advertised ETA or a day earlier) at selected ports in the third quarter of 2011 rose by 8 percent points compared to the previous quarter, to 63 percent. Maersk Line retained its position as...
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| Great Lakes carriers tout job creation |
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Friday, October 21, 2011
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Weakley The Lake Carriers’ Association (LCA) said a new study shows cargo hauled on the Great Lakes in U.S.-flag vessels is responsible for more than 103,000 jobs in the United States that pay an average annual wage of $47,000. The group noted the study found the value of economic output tied to those cargoes topped $20 billion in 2010. Federal, state and local taxes totaled more than $2.2 billion. “The value of U.S.-flag Lakes shipping has never before been s...
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| Study: Great Lakes-Seaway boasts North American jobs |
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Tuesday, October 18, 2011
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The Great Lakes-St. Lawrence Seaway navigation system supports more than 225,000 jobs and generates billions of dollars in income and revenues annually in both the United States and Canada, according to a study released today. The study, “The Economic Impacts of the Great Lakes-St. Lawrence Seaway System 2010,” was commissioned by the maritime industry and government agencies from both countries. It was peer reviewed by both U.S. and Canadian economists. &...
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