Archive for November, 2017

Asia Pacific carriers see healthy growth, says AAPA

There was “healthy growth” in international air cargo, said the Association of Asia Pacific Airlines (AAPA) in its preliminary traffic figures for October. Reflecting the sustained upturn in global trade for consumer and intermediate goods, Asia Pacific airlines saw international air cargo demand, in freight tonne kilometres (FTK), increase by 5.8% in October above the […]

Amount of Freight Hauled by Trucking Industry Highest Since 2013

The amount of freight hauled by the trucking industry in October rose 9.9 percent year-over-year, the largest increase since December 2013. According to the American Trucking Associations, which tracks freight volume in its For-Hire Truck Tonnage Index, freight numbers have been showing steady improvement compared with last year’s figures.

Weekly Rail Traffic for the Week Ending November 25, 2017

The Association of American Railroads (AAR) today reported U.S. rail traffic for the week ending November 25, 2017. For this week, total U.S. weekly rail traffic was 463,602 carloads and intermodal units, up 2.4 percent compared with the same week last year. Total carloads for the week ending November 25 were 230,326 carloads, up 0.2 […]

Black Friday demand bolsters booming air freight shipments

Air cargo operators and logistics services providers are heading into the Black Friday weekend shopping frenzy at the end of a year, which has filled all available air cargo capacity, more than doubled freight rates, and given a healthy boost to the plane charter business. All expectations are that today’s Black Friday, Cyber Monday at […]

Spotted: Savannah Welcomes Four Giant Cranes

The Georgia Ports Authority welcomed the arrival of four massive ship-to-shore cranes at the Port of Savannah’s Garden City Terminal on November 22, 2017. The four cranes passed River Street in Savannah on their way to Garden City Terminal, sailing under the Talmadge Bridge. The new cranes, which bring the Port of Savannah’s fleet to […]

Rail intermodal traffic tops carloads in Week 46

U.S. railroads moved 554,066 carloads and intermodal units in the week ending Nov. 18, a 1.2 percent increase compared with the same week last year, according to the Association of American Railroads (AAR). Total carloads for the week declined 1.6 percent to 266,927 units, while the number of intermodal containers and trailers rose 3.9 percent […]

CBRE research takes a close look at implications of self-driving and electric trucks

The concept of self-driving, or autonomous, trucks continues to receive more heightened attention. And that is for a variety of reasons, including the difficulty carriers are having in filling trucks with drivers, an aging workforce for active drivers in the market, as well as the impact of fuel on over all trucking costs, among others.

Europe Billionaires Are in High Seas ‘Arms Race’

A shopping spree by two billionaires is shaking up a shipping industry still recovering from years of falling rates and overcapacity. Jacques Saade’s CMA CGM SA, the world’s third-largest container line, announced an order for nine massive vessels in September, after a year of tepid sales for new ships. Within days, Gianluigi Aponte’s Mediterranean Shipping […]