Posted by Daniel Shlifer on Thu, Nov 17, 2011 @ 12:47 PM
1/27/12
Regulations for your ocean & air freight shipments change rapidly, ETC International Freight System keeps you informed of these changes with safe shipping through our freight network.
News from JOC:
Truck Tonnage Soars at Strongest Rate Since 1998
For-hire truck tonnage rose 5.9 percent in 2011, the biggest year-over-year freight gain for trucking since 1998, the American Trucking Associations said Tuesday.
KCS Boosts Profit 85 Percent on Record Hauls
Kansas City Southern Railway saw fourth-quarter profit skyrocketed 84.6 percent year-over-year to $95.6 million, as the railroad's 11 percent jump in revenue set quarterly and annual records.
Far East Land Bridge Begins Europe-China Rail Service
Far East Land Bridge will launch a new rail service in March linking Europe to the thriving manufacturing center of Chongqing in central China.
Compromise Clears Path for FAA Authorization
Congress is closer to finally completing a long-term measure authorizing the Federal Aviation Administration after reaching a compromise on labor provisions that have kept the agency in near limbo for nearly five years.
Atlantic Ro-Ro Launches Tampa-Russia Service
Atlantic Ro-Ro Carriers launched a general cargo service between the Port of Tampa and the Port of St. Petersburg.
Sri Lankan Group Sells Colombo Port Stake
Sri Lankan conglomerate Aitken Spence agreed to sell its 30 percent stake in the Colombo International Container Terminals to China Merchants Holdings, the majority stakeholder in the $500 million project.
Japan-Peru Free Trade Pact Takes Effect in March
A free trade agreement between Japan and Peru will take effect March 1, eliminating import tariffs on almost all products traded between the two countries within 10 years, the Japanese government said Tuesday.
Harley-Davidson Shipments Up Nearly 11 Percent
Global economic headwinds aren't slowing Harley-Davidson. The iconic motorcycle maker bolstered its profits as it increased sales and shipments in 2011.
Emirates SkyCargo Expands Dubai-Africa Service
Emirates SkyCargo will further boost cargo capacity to Africa in early February by adding five weekly flights from Dubai to the capitals of Zambia and Zimbabwe.
1/20/12
All domestic & international indicators show that our exports will continue to improve through 2012. If so, to our manufacturers & traders, ETC International Freight System is your logistical vehicle to your overseas shipments.
News from JOC
Ports/Terminals: Turnaround in Turn Time
Turnaround in Turn Time New technology is coming with new resolve to clear the truck backups at terminal gates.
Timeline of Container Ship Rena Wreckage
Rena, a container ship owned by Costamare, has been grounded on a reef in the Bay of Plenty off the Port of Tauranga since Oct. 5, which forced the vessel to snap in two and eventually sink. Hundreds of containers sank along with the ship, although many were saved beforehand. The photos below show Rena from the time of grounding last year to January 2012, at which point Rena was completely under water.
South Korea Expects Air Cargo Rebound in 2012
South Korean air cargo traffic in 2011 fell 1.9 percent year-over-year, but government officials expect various international events, including the London Olympic Games, to boost shipments of high-tech products in 2012, according to a published report.
GATX Sees Gain in Profit, Pricing
Rail equipment provider GATX is showing strong confidence in the U.S. freight market, saying Thursday it expects stronger shipping demand and higher lease prices after the company saw a 62 percent boost in net profit in the fourth quarter.
US Cargo Theft Hits Record, Average Value Drops
The incidence of cargo theft in the U.S. reached a record high last year but the value of the cargo stolen in each incident dropped, according to FreightWatch International, a logistics security services provider.
1/18/12
ETC International Freight System added 2 pages to their web site regarding insurance liability as well as terms & conditions. We aim to please!
ETC Management for your air, ocean freight logistical moves.
News by JOC
Ports/Terminals: Turnaround in Turn Time
Turnaround in Turn Time New technology is coming with new resolve to clear the truck backups at terminal gates.
US Industrial Production Rebounds 0.4 Percent
U.S. industrial output in December bounced back at 0.4 percent year-over-year, as manufacturing production rose 0.9 percent, the briskest pace in a year, the Federal Reserve said.
Timeline of Container Ship Rena Wreckage
Rena, a container ship owned by Costamare, has been grounded on a reef in the Bay of Plenty off the Port of Tauranga since Oct. 5, which forced the vessel to snap in two and eventually sink. Hundreds of containers sank along with the ship, although many were saved beforehand. The photos below show Rena from the time of grounding last year to January 2012, at which point Rena was completely under water.
CSAV Raises $659 Million for $1.2 Billion Capital Plan
Troubled Chilean ocean carrier CSAV announced its shareholders raised $659 million in the first stage of a planned $1.2 billion capital increase.
Russia's National Container Saw Growth Stall in 2011
National Container Company, Russia's largest container stevedore, said traffic growth stalled in 2011, reflecting the disruption of Balitic Sea shipping caused by severe weather and the sale of a terminal stake.
Antwerp Container Traffic Rose 2.3 Percent Last Year
Antwerp's container traffic rose 2.3 percent year-over-year in 2011, pushing total volume at Europe's second-largest port up 5 percent.
South Korea Expects Air Cargo Rebound in 2012
South Korean air cargo traffic in 2011 fell 1.9 percent year-over-year, but government officials expect various international events, including the London Olympic Games, to boost shipments of high-tech products in 2012, according to a published report.
1/8/2012
Whether you seek air, ocean overseas logistics, and surface / rail transportation local as well as interstates, we gather pertinent information for you. Please review the recent data gathered by the JOC team.
ETC International Freight System, your freight solution.
China Production Advantage Erodes as US, Mexico Gain
The cost advantage of manufacturing products in low-cost manufacturing locations in Asia will erode in comparison to the U.S. and Mexico in 2012, according to a new report by global consultancy AlixPartners.
US Rails Report Record Intermodal Container Loads
Major U.S. railroads handled a record number of intermodal containers in 2011, with a strong push late in the year that gave the industry a 6 percent gain in volume over 2010, according to the Association of American Railroads.
US Manufacturing Jumps to Six-Month High
A closely watched gauge of U.S. manufacturing activity rose in December, indicating the 29th consecutive month of expansion, and similar indexes showed improvement in China, India, the U.K., Switzerland and Australia.
Diesel Falls to Lowest Price Since Mid-October
Diesel prices across the United States fell for the six straight week in the week ending Jan. 2, slipping nearly 0.8 cents to the lowest point since mid-October even as oil prices jumped to a seven-month high on tensions between the United States and Iran.
Class 8 Truck Orders Skyrocket 46 Percent
Orders for Class 8 heavy trucks rose 46 percent in December from November, topping 30,000 units, according to preliminary data from one research firm.
LA, Long Beach Ports End Dirty Truck Fees
The Los Angeles-Long Beach's penalty for the operation of older trucks expired Sunday, as the ports became the first in the nation to have a fleet comprised totally of 2007 or newer trucks.
FEC Railway Expands Intermodal Reach in Georgia
Florida East Coast Railway plans to expand the reach of its intermodal business in 2012, adding a second drayage "relay" station in Georgia and strengthening its partnerships with large U.S. truckload carriers, President and CEO Jim Hertwig said.
NAFTA Surface Trade Rose 12 Percent in October
The value of trade using surface transportation between the U.S. and Canada and Mexico rose 12 percent to $79 billion in October, the Transportation Department reported.
Global Air Cargo Fell 3.8 Percent in November
International air cargo traffic declined 3.8 percent in November from a year ago, the eighth straight monthly decline amid a faltering global economy and weakening demand in the Asia-Pacific region, the International Air Transport Association said.
1/5/12
Welcome back to a new year with ETC International Freight System
News by JOC
US Manufacturing Jumps to Six-Month High
A closely watched gauge of U.S. manufacturing activity rose in December, indicating the 29th consecutive month of expansion, and similar indexes showed improvement in China, India, the U.K., Switzerland and Australia.
Rail Intermodal Volume Soars 22.9 Percent
Intermodal volume for major U.S. railroads soared 22.9 percent year-over-year in the week ending Dec. 24, a likely signal that businesses were moving to replenish their lean inventories heading into the New Year.
Global Air Cargo Falls 3.8 Percent November
International air cargo traffic declined 3.8 percent in November from a year ago, the eighth straight monthly decline amid a faltering global economy and weakening demand in the Asia-Pacific region, the International Air Transport Association said.
Rena Starts to Break Up, Remains Wedged on Reef
International Maritime. The grounded containership Rena has started to break up but remains firmly wedged on the Astrolabe Reef off the coast of Tauranga in New Zealand.
Hong Kong Air Freight Slump Levels Off
Hong Kong International Airport's cargo traffic fell 6.6 percent year-over-year in November, but the steep slump in freight demand leveled off as business remained relatively stable compared to the previous month.
12/5/11
ETC Internatiional Freight System is experiencing an influx of aiir freight requests destined to the Middle East for food products with no refrigeration required. The winter period sees an increase in ocean traffics for household goods.
ETC Intl. Freight System is a licensed freight forwarder, NVOCC bonded & a California Corporation since 1984. Whether, you seek air or ocean freight & to our broad customer base, we offer warehousing, distribution, packing, crating, trucking, customhouse brokerage & inland delivery/pickup services. For more information or pricing through the web, please visit us at www.etcinternational.com
12/2/2011
News sourced through JOC
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Trade Regulation: Importing Made Simple
Customs is launching a test to ease the importing process and end the data dump for U.S.-bound goods.
West Coast Ports Prepare for Occupy Shutdown Attempt
West Coast ports are meeting with law enforcement agencies in their regions to ensure that demonstrations planned for Dec. 12 by the Occupy Movement do not compromise the safety of port workers and the demonstrators themselves.
International Air Freight Tumbles 4.8 Percent
International air freight traffic fell 4.8 percent in October from a year ago, the seventh consecutive monthly decline, as shippers switched some goods to cheaper sea transport, the International Air Transport Association said.
Asia Air Freight Peak Season Fizzles Out
Air freight carried by Asia-Pacific airlines fell at the steepest rate in six months in October, sliding 7.7 percent as a late peak season upturn airlines were watching for fizzled out.
Shippers Urge Congress to Block Railroad Strike
Shipper groups are pressing Congress to step in to avert a potential nationwide strike next week, with one warning the disruption of rail service "during the busy holiday shopping season could be devastating."
Countdown to Occupy Protest Shutdown Attempt
Importers and exporters are getting nervous as momentum builds for a Dec. 12 shutdown of West Coast ports by the Occupy movement. West Coast ports handle more than 50 percent of the U.S. containerized trade, including 70 percent of U.S. imports from Asia.
LaHood Warns Super Committee Failure Will Hit Transport Programs
Transportation Secretary Ray LaHood decried the failure of the congressional super committee to reach an agreement on budget reductions on Monday, warning the collapse of the effort could lead to major cuts in transportation and infrastructure programs.
American Airlines Files for Bankruptcy Protection
The parent of American Airlines, the nation's third-largest airline, filed for Chapter 11 bankruptcy protection on Tuesday and began an overhaul of its management, labor relations and operations.
International Air Freight Tumbles 4.8 Percent
International air freight traffic fell 4.8 percent in October from a year ago, the seventh consecutive monthly decline, as shippers switched some goods to cheaper sea transport, the International Air Transport Association said.
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What You Need To Know About International Shipping?
International shipping can be a significant challenge without finding the right freight and shipping provider. Establishing a solid relationship with the right international shipping company can make a tremendous difference in your businesses operation.
The first thing to be sure of is that your international shipping provider has a federal maritime commission (FMC) holder. This is a significant indication that you are working with an experienced and reliable international shipping vendor.
The Federal Maritime Commission is a regulated, independent agency. They are responsible for ocean bound transportation within the foreign commission of The United States. The apply attention to and adhere to (and this is extremely important):
These may seem like a lot of detail and taken for granted but it's only the finer international shipping companies that make sure these details are addressed.
Monitoring the practices of foreign governments is important as lack of attention to these details can cause serios issues businesses shipping overseas. An additional element of having this international shipping support is that the FMC regulates all agreements between shipping lines or the marine terminals and the service contracts between the international shipping providers with their customers. This adds an extra element of insurance to you, the international shipping customers.
To open a discussion with ETC and explore all your international shipping options, contact us and we will generously provide our input and suggestions.
Posted by Reid Malinbaum on Mon, Oct 10, 2011 @ 02:02 PM
12/15/11
To our customers & prospective ones, book your air & ocean shipments whether consolidating or full container loads earlier than usual to deal withthe end of the year holidays & backlogs experienced with carriers every year.
Call ETC Intl. Freight System to prevent a lock down of your cargo. Good logistics don' t stop for holidays.
ETC Management.
12/15/11
Sourced by JOC
The Art of Boxship Supply and Demand
Asked recently to explain an ocean container market in which freight rates and liner profits have collapsed this year after soaring in 2010, the Asia-based CEO of a Top 20 container line channeled best-selling business management author Tom Peters: "If you're not confused, you're not following."
International maritime: Maersk Adds Three European Ports to Daily Maersk
Maersk Line will add three European ports its Daily Maersk "conveyor belt" service between Asia and Europe, seeking to counter the recently announced alliance between rivals CMA CGM and Mediterranean Shipping Co.
North China Port Traffic Grows as Production Shifts
The migration of manufacturing in China inland and north to avoid higher labor costs in the south is now being reflected at the country's ports, said container lines and analysts.
India's Cochin Gains Second Direct Container Service
MOL is adding a call at the Vallarpadam International Container Transshipment Terminal in India's Port of Cochin, bringing the number of direct weekly services to DP World's new container facility to two.
Government + Regulation: Senate Panel Approves Multimodal, Truck Safety Bills
A Senate committee approved measures on Wednesday that would establish a multimodal freight program, mandate electronic onboard recorders on all trucks, and tighten hazardous materials regulation.
Five Carriers Consolidate Asia-South America Services
Hamburg Sud and Maersk Line will combine a Asia-South America service with a service operating by CMA CGM, CSAV and China Shipping Co., starting later this month.
Truckload Rate Index Rises 8.5 Percent
Truckload linehaul rates rose 8.5 percent year-over-year in November, according to Cass Information Systems and investment research firm Avondale Partners.
Logistics & economy: Thai Floods Causes Shortfall in PC Shipments
Shortages of hard disk drives caused by the flood in Thailand will result in a shortfall of 3.8 million shipments exports of PCs in the first quarter of 2012, according to a new IHS forecast.
International Maritime: MSC to Launch West Coast-Australia Service
Mediterranean Shipping Co. will begin direct service from Oakland and Long Beach to Australia and New Zealand, starting later this month.
Government + regulation: FMC Looks to Allow NVOs to Jointly Contract Shippers
The Federal Maritime Commission agreed Thursday to move forward with a long-stalled proposal that would allow unrelated non-vessel-operating common carriers to jointly offer contracts to shippers.
Air + Expedited: Korean Air Cargo Tumbles in Third Quarter
Korean Air's cargo traffic fell 5.9 percent in the third quarter, and the world's largest international freight airline said it expects a deep slowdown in high-tech shipments out of Asia to persist.
11/22/11
ETC International Freight System sales & operations will be available with a skeleton crew following ThankGiving this Friday November 25th 2011 from 9:30 AM through 3:30 PM. This is in response to our foreign customers in the USA having a chance to get their air or ocean freight questions or traffics handled on the spot.
Sourced through JOC
Occupy Movement Calls for Shutdown of West Coast Ports
The Occupy Movement is calling for a shutdown of all West Coast ports on Dec. 12, but they will have to pursue their goal without the cooperation of the powerful International Longshore and Warehouse Union.
LaHood Warns Super Committee Failure Will Hit Transport Programs
Transportation Secretary Ray LaHood decried the failure of the congressional super committee to reach an agreement on budget reductions on Monday, warning the collapse of the effort could lead to major cuts in transportation and infrastructure programs.
Antwerp Builds Major Lock to Handle Larger Ships
Antwerp has begun construction of a major lock that will allow the inland Belgian port to keep pace with the increasing size of containerships and boost its competitive position in the Le Havre-Hamburg port range.
Port of LA Exports Rise 28.1 Percent to Record High
The Port of Los Angeles in October saw imports rise 5.5 percent from the same period a year ago and exports jump 28.1 year-over-year, an all-time monthly high
Truckload Rates to Rise 10 Percent in 2012, FTR Says
Shippers are likely to face steep increases in truckload rates in the next two years, followed by a recession in 2014 or 2015, a transportation economist warns.
Rail - Four Unions Reach Agreement with Rails
Major U.S. railroads have new tentative agreements with four of the 11 unions needed to avert a potential nationwide strike or lockout in December.
U.S. Intermodal Shipments
September year-over-year traffic growth was led by 11.4 percent growth in 53-footers, although 20-footers dipped 0.6 percent and 40-footers were off 3.6 percent. Sequentially September 53-foot traffic upticked 0.2 percent, while 40-footers were off 2.3 percent and 20-footers off 7.4 percent.
ETC Intl. Freight System is a licensed freight forwarder, NVOCC bonded & a California Corporation since 1984. Whether, you seek air or ocean freight & to our broad customer base, we offer warehousing, distribution, packing, crating, trucking, customhouse brokerage & inland delivery/pickup services. For more information or pricing through the web, please visit us at www.etcinternational.com
11/14/11
ETC Freight System completed the export of 32 ocean containers of Sun flower seeds to China through one of our service contracts coupled with the handling of the drayage & export declaration. This is our second year at it. If you need any ocean freight to any destination, we welcome your queries.
Reid Malinbaum / CEO
11/14/11
Sourced by businessweek.com
Intermodal freight transport refers to the movement of freight containers or vehicles using multiple modes of transportation without any handling of the freight when changing modes. The hyper connectivity of the global supply chain, increased fuel costs, security concerns, and changing policy issues have increased scrutiny on global transportation infrastructure. Can better management of existing infrastructure and broader considerations on future investments improve this industry?
Intermodal freight transport is part of Business Exchange, suggested by Steven Brenman. This topic contains 437 news and 122 blog items. Read updated news, blogs, and resources about Intermodal freight transport. Find user-submitted articles and reactions on Intermodal freight transport from like-minded professionals
2010-04-26 10:49:02 - Kazakhstan Freight Transport Report 2010 - a new market research report on companiesandmarkets.com
In June 2009, it was announced that the World Bank and the government of Kazakhstan had signed a multi-billion-dollar loan for the South-West Roads Project. This is a key transport artery that will traverse Kazakhstan, from the border with Russia to the north to the border with Kyrgyzstan to the south. It is part of a much larger transport programme to link Western Europe and China via Russia and Central Asia. The loan is for US$2.125bn to assist with the cost of upgrading the existing road - built during the Soviet years - between Aktobe, near the border with Russia, and Shymkent, near the border with Kyrgyzstan. The road will run for 1,062km and once complete it will form part
The Freight Transport Association (FTA) will be launching its new online tachograph reporting suite, the Reporting...
Recent Posts on mhwmagazine.co.uk. Published on April 14, 2010
11/14/11 Sourced by JOC
Container Shipping: When Capacity Turns
Some shippers are reporting tight vessel space on the Pacific, and there are more than idle concerns about future capacity.
Analyst Says Eurozone Volatility Pulls Down China Exports
The Eurozone's lurch from crisis to crisis is the prime reason for the soft Chinese export growth piling downward rates pressure on the sluggish Asia-Europe trade lane, said an IHS Global Insight analyst.
Hamburg Regains Spot as No. 2 European Box Port
The port of Hamburg wrested back second place in Europe's container league from Antwerp, with a 15.3 percent surge in traffic in the first nine months of the year.
Japanese Economy Regains Growth in Third Quarter
The Japanese economy grew 1.5 percent in the July-September quarter from the preceding quarter, or at an annualized pace of 6 percent, the first growth in four quarters, the Japanese government said.
11/8/11
Under the hospices of ETC International Freight System, our account executive Danna Creal handled a delicate exotic tropical plant from the LAX to Mahe Airport Seychelles Island.
5 of the plants that were shipped and the following is a brief summary of how the shipment was managed.
- International Air Export of the Exotic Tropical Bromeliad Plants from Los Angeles, CA to Mahe Island Seychelles.
- Coordinated pickup from supplier of 1000 plants packaged into 75 boxes - each boxes being 14" x 20" x 30" weighing 30 pounds each
- Managed & administered all necessary documentation for shipping, including Phytosanitary Certificates from Dept of Agriculture, Import Permits, Commercial Invoice & Master Air Export Documentation
- Insurance provided based on FPA / Total Loss of the value declared
- Ensured seamless delivery of plants to airline & arranged for provided required temperature control between 50-65 degrees Fahrenheit from origin airport/LAX to destination airport/SEZ
11/4/201
From Dimitri Malinbaum / Account executive
I have grown one department that specializes in shipping quads, dirt bikes & street bikes. To those customers, we provide heat treated wooden custom crates for international shipping, we use tie down straps to secure the bikes to the base of the crate, blocking / bracing each tire to prevent any movement inside the crates. Digital pictures are sent to the clients. We fly or ocean freight them with our weekly consolidation services working closely with our overseas agents that clear & deliver them to the consignees' doors. My biggest destination among many that we service is to the Pacific Rim. When needing air or ocean freight pricing for your vehicles, please ask for me for a competitive bid.
FAQ’s, shipping know how – (CIF C&F, DDP DDU, FOB…..)
- CIF: Cost of insurance & freight
- C & F: Cost of freight
- DDP: Duty delivery paid
- DDU: Duty delivery unpaid
- FOB: Free on board (apply this term to the airport / port of departure only)
How to calculate a CBM, Conversion, Exchange rate…
- CBM or cubic meter 1 CBM = 35.3145 cubic feet (CFT.)
- CFT or cubic feet 35.3145 CFT = 1 CBM
Conversion
- Inches: 2.54 CM (centimeters)
- Conversion of pounds to kilograms
- 2.2046 pounds = 1 kilo
How air freight is calculated Volume Weight internationally versus domestically.
- Internationally, your volume weight is checked against your gross weight: Length x Width x height in inches = cubic inches : 166 volume weight in pounds
- Domestically:your volume weight is checked against your gross weight: Length x Width x height in inches = cubic inches : 194 volume weight in pounds
Description of FCL, LCL. Internal dimensions
- 20': 19'.5" x 7'. 8" W x 7'. 9" H - 1250 CFT. maximum weight 36000 pounds
- 40' 36' 5" x 7'. 8" x 7' . 9" H - 2450 CFT. maximum weight 40000 pounds
Industry information:
TSA Requirements of “Known” vs. “Unknown” Shippers:
- You need to call ETC International Freight System, as the access to the information is restricted
Posting of updated Rules & Regulations:
- Ask us to add you into our quaterly E-Newsletter
FMC / NVOCCs
- Federal Maritime licensed / Non vessel operator common carrier
Shipping as an individual:
- EIN required by the U.S Customs just like a business but a 5 minutes process. Call ETC International Freight System for the link.
News sourced with JOC
Operations Resume at Oakland as Protest Eases
Cargo-handling operations at the Port of Oakland returned to normal Thursday morning following a night of disruptions from the Occupy Oakland movement.
OOCL Container Revenue Plummets 8.3 Percent
Revenue at Orient Overseas Container Lines fell 8.3 percent in the third quarter as new capacity helped push average revenue per container down 14 percent from a year ago.
Savannah Container Traffic Jumps 11.1 Percent
Container throughput in September at the Port of Savannah jumped 13.5 percent sequentially from August and by 11.1 percent year-over-year.
Hong Kong, Twice Cooked?
The Hong Kong Development Council's annual Asian Logistics and Maritime Conference is coming up in a couple of weeks, and it comes at what looks to be a critical time of change in one of the world's great trading cities.
Will They Never Learn?
It's not a problem of too much vessel capacity, but rather good old-fashioned rate wars that have destroyed pricing on the Asia-Europe and trans-Pacific trade lanes.
Maersk's Barfod Discusses No-Show Clause, Reefer Slow-Steaming Challenges
Thue Barfod, refrigerated container business development manager at Maersk Line Hong Kong, discusses Maersk's new no-show clause with Stephanie Nall of Cool Cargoes while attending TPM Asia in Shenzhen. He also offers his thoughts on the challenges that reefer shippers face from ultra show-steaming.
Rotterdam Sees Traffic Rise, Expects Slow Year-End
Rotterdam container traffic in the first three quarters of 2011 grew 7.7 percent year-over-year, but Europe's biggest port warned growth will decline for the rest of the year because a weaker economy will pull down exports.
Fines Against ILWU for EGT Protest Top $300,000
The International Longshore and Warehouse Union was fined $65,000 for blocking access to a controversial grain terminal in Longview, Wash., bringing the total fines levied against the union to more than $300,000.
TransForce to Buy Quik X, Sales Jump 49 Percent
TransForce's acquisition of a cross-border, expedited less-than-truckload carrier expands the Canadian trucking giant's reach further into the U.S.
Net Orders for Heavy Trucks Rose in October
Preliminary net orders for Class 8 trucks defied recessionary expectations in October, rising month-over-month and year-over-year, according to ACT Research.
TSA Takes Fire for Missing Cargo Screening Deadline
Senior Democratic members of the House Homeland Security Committee on Monday criticized the Transportation Security Administration for not meeting a December deadline to screen 100 percent of cargo arriving via passenger aircraft.
October 24, 2011 News from JOC
US Corn Exporters Double Up on China Sales
China may double its corn imports from the U.S. this season, adding to a burgeoning year for American exporters and giving railroads and ocean carriers a boost in grain shipments until about August 2012.
US Distilled Grain Exports Will Rebound, Report Says
U.S. exports of distilled grains with soluble should grow about 2.5 percent this season after declining 11 percent year-over-year in the first half of 2011, according to the Agriculture Marketing Resource Center.
Hong Kong Freight Tumbles 6.1 Percent
Air freight moving through Hong Kong fell 6.1 percent year-over-year in September, the seventh straight monthly decline and a lackluster start to the peak fall shipping season
Oct 19 News from JOC
Shippers Face Major Losses From Rena Disaster
Shippers without specific safeguards in bills of lading who lose cargo from the stranded container ship Rena off the coast of New Zealand may see strict limits on their compensation as the complicated international rules of cargo liability take hold, according to a maritime attorney in Washington.
CSX Profit Rises 12 Percent on Slight Traffic Gain
CSX Transportation saw its profit rise 12 percent to $464 million in the third quarter, as revenue increased 11 percent from a year earlier to nearly $3 billion while freight volume edged up just 1 percent.
Industry Expert Says Carriers Won't Fix Chassis Prices
An ocean carrier group seeking expanded antitrust immunity for its chassis pools isn't trying to fix the rates truckers pay for equipment, a former chairman of Consolidated Chassis Management said.
CMA CGM, Emirates Upgrade Asia-Africa Service
CMA CGM Group and Emirates Shipping Line upgraded their joint service linking Asia to East Africa by deploying larger vessels "to support the strong and regular growth of this trade."
Japan's Osaka Container Trade Surges 15.2 Percent
International containerized trade through western Japan's Port of Osaka in the first half of the year surged 15.2 percent year-over-year to 1,054,581 20-foot equivalent container units, according to preliminary figures released by the Osaka municipal government.
Russia's Trans-Container Traffic Up 9.3 Percent
Trans-Container, Russia's largest rail container operator, boosted third quarter traffic by 9.3 percent year-over-year, partly due to 28.7 percent jump in export shipments.
Eurotunnel Revenue Jumps 9.2 Percent
Groupe Eurotunnel, operator of the undersea rail tunnel between France and the U.K., boosted third quarter revenue 10 percent year-over-year on higher truck and rail freight traffic.
Economist Says US Exports Will Lead Trade Recovery
The U.S. container trades will bounce back in the long term, and it will be exports that lead the way, according to a trade economist.
Cargolux Begins Two US Services to Australia, Africa
Cargolux is launching two new freighter air services connecting the U.S. with Australia and the west coast of Africa.
Oct 17 News from JOC
Container Shipping: Looking Beyond the Fine Print
With pain from the downturn and sudden capacity shortages still fresh, some shippers are putting their lessons to work in new-style contracts with carriers
Vehicle Shipping: Restarting the Ro-Ro Engines
Auto vehicle shipments have recovered faster than expected from the supply chain disruptions caused by March disasters in Japan, but car carriers are still ailing from the blow.
Vehicle Shipping: Rolling Across Asia
Efforts are under way to build scheduled roll-on, roll-off service within Asia, but financial hurdles remain
OOCL's Zaninelli Warns of Container Crunch
A shipping executive warned exporters to plan ahead for their equipment needs because empty containers will be increasingly difficult to secure during the coming winter and spring.
FMCSA Launches US-Mexico Trucking Program
The Department of Transportation on Friday approved one Mexican trucking company's request to operate on U.S. highways but placed a second carrier's plans to join a cross-border trucking pilot project on hold pending a safety review.
Cathay Cargo Sees No Sign of Peak
Cargo carried by Cathay Pacific Airways and Dragonair contracted for the sixth straight month in September as demand for exports out of China remained weak with no sign of a buildup toward a peak season.
October 13, 2011
News sourced through JOC
Congress Passes Three Free Trade Pacts
Congress on Wednesday passed free trade agreements with Colombia, Panama and South Korea.
Stranded Container Ship Expected to Break Apart
A chartered Mediterranean Shipping Co. container ship that foundered on a reef in New Zealand's Bay of Plenty is expected to break apart in next few days,
DB Schenker Begins Germany-China Container Rail Service
DB Schenker said its new daily rail container service between Germany and China, starting in late November, will more than halve the transit time of sea transport.
Transportation: Leading or Lagging Indicator?
Over the past few weeks the freight economy has seemed almost bullish even as the Economic Cycle Research Institute and others warn of impending recession.
Log, Lumber Exports to China Expected to Double
The value of Canadian and U.S. log and lumber shipments to China in 2011 will double to $2.6 billion from last year, as North American producers gain a larger share of the market, according to Wood Resource Quarterly.
Horizon Plans Westbound Pacific Rate Increase
Horizon Lines said it will raise rates on its U.S. shipments to China on Nov. 1 to match announced increases by members of the Westbound Transpacific Stabilization Agreement.
Congested Indian Port Suspends Export Operations
The port-terminal authorities at Chennai, India's second-largest container gateway, temporarily suspended export cargo movements and scaled back vessel handling as congestion at its two marine terminals reached a critical level
Japanese Container Exports to Slow, Analyst Says
Japanese containerized cargo exports will slow to 0.2 percent in fiscal 2011, which started on April 1, after growing 9.2 percent the fiscal year previous, said a Japanese research firm.
US Trade Deficit With China Hits Record $29 Billion
The U.S. trade deficit narrowed slightly to a four-month low in August but the trade deficit with China hit a record $29 billion, as the Senate attempts to punish the country for manipulating its currency.
Lufthansa Sees 'Major Setback' in Frankfurt Flight Ban
Lufthansa Cargo CEO Karl Ulrich Garnadt says the carrier remains committed to an expansion plan at Frankurt Airport despite the "major setback" from a court that banned ban night flights at Europe's largest air freight airport.
Frankfurt, London Heathrow Cargo Traffic Down
Frankfurt airport in September handled 5.3 percent less freight than a year ago and London Heathrow's cargo traffic shrunk 3.7 percent, highlighting the accelerating slowdown in the global air cargo market.
Cargolux Gets Second 747-8 Freighter, Loads First
Cargolux has loaded cargo onto its first 747-8 freighter and will take over a second aircraft Thursday, after settling a contractual dispute with Boeing that prompted Europe's largest all-cargo carrier to refuse delivery last month.
Freight Shipping Index Reaches Three-Year High
The Cass Freight Index for U.S. shipments jumped to its highest level in more than three years in September, growing 7.5 percent over the same month a year ago and defying suggestions of a new downturn in the American economy.
Drewry Says Container Lines Face More Losses
Excess capacity and insistence on chasing unprofitable market share will cause many container ship lines to lose money this year despite global volume growth of more than 7 percent, Drewry Maritime Research said in its quarterly Container Forecaster.
TSA Fails to Meet Cargo Screening Deadline
The Transportation Security Administration will not meet its Dec. 31 deadline to screen all cargo on international passenger flights, the agency told industry stakeholders.
Qatar Airways Adds North America Freighter Services
Qatar Airways is launching scheduled freighter services to Atlanta, Houston and Toronto, the latest expansion in the Gulf Arab carrier's bid to become one of the world's biggest air cargo operators within five years.
Other News from ETC Intl. Freight System
Whether shipping air or ocean, import or export, call ETC INTERNATIONAL FREIGHT SYSTEM (800-383-3157 or email at sales@etcinternational.com
Aside from your overseas shipping, we offer warehousing, distribution, inland full container (FCL) or less than a container load (LCL) as well as full truck load (FTL) or less than a truck load (LTL). Besides, we will handle your insurance, packing & crating as well as customs clearance (USA or internationally).
Sincerely,
ETC International Freight System
How Will Rising Fuel Prices Affect Transportation?
This guest post is provided by Michael Koploy. Koploy, an ERP Analyst at Software Advice, provides consumers with reviews and comparisons of transportation management software for Software Advice. The original post on this topic can be found here.
Businesses are successfully run on efficient transportation, and efficient transportation requires cheap gasoline to survive. When fuel costs rise, this affects many businesses' bottom lines. And while many businesses don't pass this on to consumers, this isn't the case for many commodities, including corn, rubber, aluminum, beef, wheat, and cotton, among others. All of these are easily outpacing inflation.
Let's take a look at the impact of rising fuel prices, from both a consumer and business standpoint. It doesn't just affect how much it takes to fill up.
Rising Gas Prices
The '79 oil crisis brought gas to close to $3.50 when adjusted for inflation. Funny that $3.50 gas today seems the norm...even "cheap," by some standards.
US Gasoline Prices vs World Gasoline Prices
In Mid-May, gasoline in Denmark, Greece, Ireland, Portugal, Puerto Rico, Sweeden, and Italy cost over twice the average US price.
Businesses are Raising Gas Prices In Response to Higher Fuel Costs
As fuel prices increase, so do the operating costs for businesses. In response, many are forced to raise their prices.
The "Trickle Down" is Leading to Rising Commodity Prices
The change in commodity prices from January 2010 to January 2011 is outpacing inflation - to put it mildly. See what I mean below.
PPI/CPI Inflation
To see the effect on the economy as a whole, just take a look at the indexes.
Given my heavy business travel, I read a lot. I read mostly non-fiction and a lot of history, so when I got an email from a Freightdawg reader about an interesting"infographic" put forth by Derby Logisticson the supply chain challenges of the American Revolution, I was interested. Most interesting of all were the challenges the British faced in fighting a war 3000 miles away by sea.
The "logistical tail" of an army is the supply chain that keeps the beans, bandages and bullets flowing to the front. This has been a strategic element of armies from the beginning of time. It was critical to the defeat of Napoleon and later, the Nazi's in Russia. It was physical limiter that ultimately contained the Roman Empire. It's also why some of the finest minds in Logistics today are in the United States military. It's also one of the key reasons a bunch of farmers and militia folks lead by an aristocratic professional leader like Washington could challenge then eventually defeat the greatest superpower of the age.
Check this article out on the supply chain that won the American Revolution. Our country owes much to those who worked to move the materiel that General Washington needed but we also owe our fortunes to the Atlantic Ocean, which forced great hardship on the British.
Eric
I find the above article a nice departure from the often dry transportation news & thank you Mr. Joiner for putting out this historically interesting article.
ETC Intl. Freight System is a licensed freight forwarder, NVOCC bonded & a California Corporation since 1984. Whether, you seek air or ocean freight & to our broad customer base, we offer warehousing, distribution, packing, crating, trucking, customhouse brokerage & inland delivery/pickup services. For more information or pricing through the web, please visit us at www.etcinternational.com
Sincerely,
Reid Malinbaum