The seasonally adjusted For-Hire Truck Tonnage Index equaled 134.3 for the month, down 2.1 percent from June but up 0.3 percent compared with July 2015, following a 1.6 percent decrease the previous month, according to the American Trucking Associations.
ACI: Airfreight volumes remain ‘sluggish’ in first half 2016
Airfreight markets in the first six months of 2016 were “substantially weaker” than passenger markets, posting marginal 0.5 percent year-over-year growth, according to data from Airports Council International.
Drewry: First-half global container volumes up 2.6% on major trades
Container volumes in the transpacific trade between Asia and West Coast North America jumped 5.5 percent year-over-year in the first six months of 2016, while Asia-Europe volumes ticked up 1.1 percent, according to the London-based maritime consultant.
Hapag-Lloyd reveals UASC’s $384m loss for 2015
The German ocean carrier said its merger with UASC will create the world’s fifth largest container carrier and secure the large ships it needs for the Far East-Europe trade.
GAO upholds military contract to Portus
The Government Accountability Office has denied a competitor’s protest that the U.S. Transportation Command improperly awarded a contract to operate a major military port.
Drewry says price of new containers falls to record lows in 2015
The London-based shipping research and consulting firm said it forecasts slow growth in the world container fleet of four to five percent per year through 2019.
UP applies for permit to operate cross-border bridge
The Omaha, Neb.-based Class I railway applied for a Presidential Permit to operate and maintain the Brownsville West Rail Bypass International Bridge.
STB discontinues annual ‘end-of-year outlook’ letter
Surface Transportation Board Chairman Daniel R. Elliott III will no longer send an annual letter to the industry asking Class I and other railroads to comment on their end-of-year outlook for traffic volumes and operations.
ITC launches new import monitoring tool
The U.S. International Trade Commission has released a new web-based interface that allows the public to more easily monitor changes in U.S. imports.
Executive Moves: Worldwide Flight Services and CSafe
Worldwide Flight Services appoints new CEO, while CSafe names director of strategic life science sales.