Good progress in bunker spill clean up at Singapore No further spillage of bunker fuel from Feihe, says MPA. Obama’s Tall Orders: Trade, Infrastructure, Trucks Hanjin blames US$631 million 2013 loss on low rates and overcapacity Enforcement Community Spells Out What it Wants in Highway Bill Police and roadside inspectors are calling for changes in how the Department of Transportation administers the truck safety program. At a hearing Tuesday before the House Subcommittee on Highways and Transit, Thomas Fuller, a sergeant in the New York State Police, outlined what the enforcement community wants in the next highway bill. Economic Watch: Federal Reserve Stays the Course in Final Bernanke Meeting In one of his final moves as Federal Reserve Chairman, Ben Bernanke on Wednesday announced the central bank would continue trimming its monthly purchases of mortgage and Treasury securities that it recently started. TMD Promotes Tony Croy to Managing Director, NAFTA TMD promoted Tony Croy to managing director, NAFTA. In this position he is responsible for TMD’s business units in Canada, Mexico and the United States, including all commercial, engineering and manufacturing operations serving TMD’s OE and replacement part friction business. New Organization of Aftermarket Leaders Formed A newl group of heavy-duty trucking aftermarket leaders have formed a new organization, GenNext, to educate, mentor and recruit the next generation of aftermarket leaders. Hub Group Quarterly Income Drops, Increases in 2013 Hub Group has announced financial results showing income of $16.5 million for the fourth quarter of last year or earnings per share of 45 cents... Con-way Truckload Driver Reaches 4 Million Miles Con-way Truckload is recognizing Jon Smith, an independent contractor, for surpassing 4 million miles of professional driving for the company. Similar to small business owners, independent contractors own or lease their trucking equipment and work as their own bosses. Meritor Goes from Quarterly Loss to Profit Truck component maker Meritor recorded a profit for the final quarter of last year, compared to a loss the same time a year ago, according to a newly released earnings report. Spot Truck Freight Volume and Rates Drop After a strong start to the month, freight activity and rates on the spot truckload market tapered off during the week ending Jan. 25 compared to the previous seven days. Economic Watch: Trucks Moving More NAFTA Trade Three of the five transportation modes - truck, rail and pipeline - carried more U.S.-NAFTA trade in November 2013 than they did a year earlier, according to new figures from the U.S. Transportation Department. Knight Transportation Profit Jumps in Fourth Quarter and 2013 Truckload carrier and logistics provider Knight Transportation announced Wednesday its fourth quarter 2013 profit increased 12.7% to $20.1 million or 25 cents per share, from $17.7 million or 22 cents per share a year earlier. Obama Repeats Call for Tax Reform to Fund Highways In his State of the Union address Tuesday night President Obama repeated his call to use corporate tax reform to fund a large, one-time infusion of money into infrastructure. Former Daimler Truck Head Renschler Leaves Daimler AG The former head of Daimler Trucks, who was promoted nearly a year ago by parent Daimler AG to oversee production and purchasing of Mercedes Benz cars and vans, has abruptly left the company. Meritor Continues On Its Journey To Provide Training Meritor has long positioned itself as a provider of information and training, but has gone one step further developing two Nissan high-roof NV3500 trucks that will deliver onsite product and systems education to fleets, warehouse distributors and independent service garages in the United States and Canada. Deltamarin B.Delta bulker sales pass 100 mark Raisio, Finland, headquartered naval architecture and engineering firm Deltamarin says that a total of 103 bulkers of its B.Delta design and derivates have now been ordered by several well known ship owners at nine Chinese... MARAD recycles old ships into academy funding The U.S. Maritime Administration today announced that Americas six state maritime academies – California Maritime Academy, Great Lakes Maritime Academy, Maine Maritime Academy, Massachusetts Maritime Academy, SUNY Maritime... Fraser Shipyards plans next phase of modernization Fraser Shipyards, on the west end of Lake Superior, in Superior, WI, is planning for the third phase of a facility modernization plan. A Superior Telegram report by Shelley Nelson says that the City Council of Superior has... Heidmar rethinks CEO appointment Last week the Board of Directors of Norwalk, CT, headquartered tanker operator Heidmar said it had appointed Hans van der Zijde as the companys new Chief Executive Officer. Today, though, Heidmar says it is pleased to... Farstad OCVs to be Rolls-Royce DP3 equipped Rolls-Royce has signed a contract with shipbuilding group Vard that will see its latest DP3 dynamic positioning system installed on two new offshore construction vessels on order for Norways Farstad Shipping. Classification... Giant Air Lift Bags ease FPSO decommissioning Cowes, U.K., headquartered Unique Seaflex has facilitated a complex underwater lift project in some 300 m of water — using parachute style Air Lift Bags. The project was carried out for Lundin Tunisia BV, operator of the... Crowley opens new Guatemala City office Crowley Maritime Corp.s Guatemala-based liner and logistics teams have moved into a new office space in the heart of Guatemala City, the countrys bustling metropolis and most populous city in Central America. Modeled after... Wärtsilä to ax 1,000 jobs Björn Rosengren, President & CEO of Wärtsilä, had a first the good news, then the bad message today. The bad news first: Wärtsilä will shed 1,000 jobs — 200 of them in Finland. And the good? In 2013, reported... Prang off Singapore Authorities launch investigation after coming together of two ships south of Jurong Island. NADL drops on debut Fears over reduced E&P spending by the majors takes its toll on latest Fredriksen IPO. Boxship bashes barge Japanese containership collides with vessel in Singapore’s East Keppel Fairway. North ties the knot Newcastle-based P&I club agrees to merge with neighbouring Sunderland Marine Mutual. Nakilat refinances $669m facility paves the way for the acquisition of two more LNG carriers. Swedish firm buys eco post panamax twin Vessel design combines large capacity with low fuel consumption. Good progress in bunker spill clean up at Singapore No further spillage of bunker fuel from Feihe, says MPA. Bunker prices mostly up on the Panama Canal A local supplier said high sulphur avails were extremely tight. Sale of old bunker tankers to help owners expand fleet Vessels have been operational in the Black Sea/Georgia region. WTI crude drops as inventories rise But strong product demand expected to limit price downside. MPA makes progress on mandatory use of flow meters Proposal adopted during meeting last week, sources say. Vessels collide in Singapore Some spillage of bunker fuel reported. Fujairah prices flat for third day Demand was average and avails were tight. Mid-week prices firm across Europe Congestion reported at Gibraltar. Amsterdam announces upgrade Dutch port wants to capture more big ship traffic. Panama Canal impasse talks continue Talks to resolve costs row enter second day. Wartsila in profit but jobs are to go With sales down company announces efficiency drive. IFO movement mixed at Asian ports Supplies of bunker fuels largely tight across major ports in Asia. Transport Corp. of India’s Profit Surges Asia-Pacific Air Cargo Demand Fell in 2013 HSBC Economist: Weak Yen Could Lift Japan’s Exports Swift Transportation Profit Plummets But Exceeds Lowered Expectations US West Coast Labor Tensions Push Shippers to Look at Alternative Routes Hub Group’s 4Q Profit Slumped Anger Builds Among NY-NJ Port Drivers Baltimore ILA Local Ordered to Pay $3.8 Million Demand Rises for Industrial Real Estate in California’s Inland Empire KCS Sees Delay in Mexican Auto Shipment Growth Obama’s Tall Orders: Trade, Infrastructure, Trucks Port of Mobile Remains Closed by Ice Storm TSA Members Call for Asia-US Rate Hike in March Carriers, Shippers Urged to Talk Driver Detention Rules for Polar Shipping Advance International Freight Shipping FEI Cargo commences its silver jubilee celebrations with a difference New Year sees rate increases in certain shipping segments Anti-dumping duty likely on certain alloy auto wheels Amsterdam port region achieves record transhipment volume in 2013 APM Terminals Inland Services South Asia introduces mobile container tracking system Dighi Port handles first SCI vessel CCEA approves development of trunk infrastructure for DMIC investment region INR gains further against dollar Netafim wins mega drip-irrigation project RBI’s repo rate hike disappoints industry Sops on cotton yarn exports restored TSA ups transpac rate US$300/FEU March 15, another comes May 1 Hanjin blames US$631 million 2013 loss on low rates and overcapacity Guangdongs ports box volume 4pc in 2013, growing 1pc against 2012 Engineer stabbed in pirate attack near Luanda, Angola, 27 crew held Chongqing rail freight up 4.2pc to 23.34 million tonnes in 2013 Manzhoulis railway container volume up 6pc to 71,106 TEU in 2013 Manzhouli plans Chinas biggest farm produce export base to Russia Xiamen to launch seaborne express mail service to Taiwan in 2014 Sino-Kazakh Lianyungang distribution facility to cost US$112 million Taiwan president urges, then downplays stronger ties to China EU customs raids seize contraband valued at US$12 million in duties Lift EU block exemption on shipping consortia, Global Shippers Forum StederGroup moves 3 x 252-ton cables from Italy-Netherlands Kuehne + Nagel renews two-year logistics deal with FlexLink in Poland Australia earmarks extra US$88 million for cargo and mail screening Volga-Dnepr flies 60-ton telecom satellite from Japan to Kazakhstan IAG Cargo adds three London-Cape Town flights, bringing total to 10 Tire Discounters joins AMRA Tire Discounters Inc. has joined the Automotive Maintenance and Repair Association (AMRA), a not–for–profit trade association organized to represent the interests, common policies and purposes of automotive service providers when dealing with consumers. Tire Service Equipment appoints sales rep Tire Service Equipment Mfg. Co. Inc./SAF-TEE Siping & Grooving Inc. has appointed Heiko (Hike) Pollem as its international sales representative. He replaces Arvid Vaaten, who retired. Producing tires: Continental plant in Sumter Continental Tire the Americas LLCs newest consumer tire plant is open for business. To commemorate the occasion, company officials held a grand opening celebration at the facility in Sumter, S.C., on Jan. 28, 2014. indonesialogisticsonline/ilo-information/8182-ilo-information--at-hours.html
Posted on: Thu, 30 Jan 2014 07:32:40 +0000