The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending February 18, 2017. For this week, total U.S. weekly rail traffic was 531,123 carloads and intermodal units, up 6.8 percent compared with the same week last year.
Archive for February, 2017
US business inventories are rising amid signs freight is flowing more freely through supply chains, rather than piling up in high stacks of goods at warehouses. Total business sales increased 2 percent in December from November and 5.2 percent year-over-year, the US Census Bureau said Wednesday. (This article requires registration at the Journal of Commerce. […]
The container market has seen an inflection point in late 2016, with demand rising above supply during the fourth quarter, ushering in the start of a period of strengthening earnings for carriers, Danish boxship giant Maersk Line believes. As a result, Maersk Line predicts that carriers’ earnings could improve in 2017.
IATA has produced its latest Chart of the Week (COTW), which focused on ‘asset utilization’ – namely, aircraft load factors.According to the COTW, despite a strong pick-up in the (seasonally adjusted) freight load factor during the second half of 2016 – due to stronger demand and only moderate cargo capacity growth – the annual average […]
At 11 p.m. last Thanksgiving, shortly before Thursday became Black Friday, the crowds were thick at Macy’s massive flagship store in Manhattan. Some 16,000 people had lined up around the block to kick off the biggest shopping weekend of the year. Five hours after the doors opened, they were still going strong.
The first quarter may be a slack season for truck freight as the industry catches its breath after the frenzied winter holidays and gears up for the spring surge in home goods sales, but US shippers are moving quickly to seal new pricing contracts with trucking companies. (This article requires registration at the Journal of […]
South Korean shipping company Hyundai Merchant Marine has signed a deal with Hanjin Shipping and Marine Terminals Investment Limited (MTIL) to acquire Hanjin Pacific Corporation’s terminals in Tokyo and Kaohsiung.
QATAR Airways Cargo has commenced new scheduled B777 freighter operations in the Americas. The twice-weekly services depart from Doha via Luxembourg, the cargo carrier’s European hub and stop at Såo Paulo in Brazil, Buenos Aires in Argentina and Quito in Ecuador, before arriving in Miami, Florida.
After a three-year wait, the LM-100J has finally arrived on the commercial market. Last week, Lockheed Martin rolled out the first of these propeller-driven, modified military aircraft, known as “Super Hercules Commercial Freighters.” Lockheed expects the freighter’s first flight to happen this spring.
January was kind to Boeing in terms of freighter aircraft orders – especially if you consider the 767-200C a freighter. To start, Istanbul-based Turkish Airlines converted two 777 passenger aircraft orders to freighters, and an unidentified customer ordered one 777F.