Monthly Archives for March 2023

Record profit for DB Schenker lifts parent group into black Despite being prepared for divestiture, the performance of global forwarder DB Schenker is the only reason Deutsche Bahn group is profitable at present. Record profit for DB Schenker lifts parent group into black Journal of Commerce

European shippers sign up for waterborne biofuel initiative Dutch multimodal operator Samskip will offer carbon-neutral ocean transport to shippers using biofuel in its intra-European operations. European shippers sign up for waterborne biofuel initiative Journal of Commerce

Targets for Europe’s modal shift not feasible: rail freight sector Far greater ambition will be required by European Commission policy makers if targets to double the market share of rail freight by 2050 are to be achieved, according to rail freight operators. Targets for Europe’s modal shift not feasible: rail freight sector Journal of Commerce

Teamsters taking more hardline approach toward LTL trucking employers The Teamsters union promises a tougher approach in contract talks with ABF Freight and TForce Freight, and is opposing major network changes proposed by Yellow, its largest freight employer. Teamsters taking more hardline approach toward LTL trucking employers Journal of Commerce

April blanks from China grow as US import decline continues For ocean carriers, the decision to cancel sailings suggests they expect no rebound in trans-Pacific freight rates that are now at two-year lows. April blanks from China grow as US import decline continues Journal of Commerce

Canadian National to boost transloading with new Calgary facility The project is the latest in a series of steps to address the imbalance between domestic and international intermodal volumes in Canada. Canadian National to boost transloading with new Calgary facility Journal of Commerce

Canadian transloading receives boost with planned Calgary facility The project is the latest in a series of steps to address the imbalance between domestic and international intermodal volumes in Canada. Canadian transloading receives boost with planned Calgary facility Journal of Commerce

US outlook for second-half rebound of Asia imports darkens US big-box retailers are receiving fewer imports while inventories remain elevated and US consumer confidence teeters, boding poorly for a significant second-half rebound in Asia container imports, writes JOC Executive Mark Szakonyi. US outlook for second-half rebound of Asia imports darkens Journal of Commerce

New House shipping bill garners support from stakeholders The legislation aims for faster development of uniform data-sharing standards, while the co-sponsors say they were also motivated to protect US shipping interests from what they view as China’s malign influence over the supply chain. New House shipping bill garners support from stakeholders Journal of Commerce

Ocean carriers, marine terminals warn Congress on regulatory overreach The testimony comes as two House members prepare legislation designed to update OSRA-22 and another congressman restarts an effort to remove the antitrust immunity of ocean carriers. Ocean carriers, marine terminals warn Congress on regulatory overreach Journal of Commerce