OAKLAND, CA, Dec. 27, 2019 (Fastmarkets RISI) -North American forest products rail freight was down 8.9% in the latest week ending Dec. 21, 2019, and year-to-date was down 6.2% to 846,756 carloads, the Assn of American Railroads reported.
Total North American carloads were down 3.9% through 51 weeks of 2019 with coal down 20.8%, ores and metal down 8.2%, and grain off 4.3%.
US forest products freight in the week was 5.1% lower and year-to-date was down 4.5% to 500,493 carloads.Read more
ARLINGTON, VA, Dec. 23, 2019 (Press Release) -American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 3.5% in November after falling 0.7% in October. In November, the index equaled 113.5 (2015=100) compared with 117.6 in October.Read more
MONTREAL, Dec. 19, 2019 (Press Release) -CN announced today that less than a month after the end of the 8-day labour action, performance indicators have normalized to pre-strike ranges indicating that train movements have recovered.
The 8-day work disruption caused CN’s network to run at approximately 10% capacity. Every strike day can cause several days of backlog, requiring time for the network to be fully current once it has returned to normal operational ranges.Read more
VAXJO, Sweden, Dec. 16, 2019 (Press Release) -The Responsible Shipping Initiative (RSI) is a new non-profit collaboration between leading Swedish dry cargo shipping buyers. By introducing standards and improving information-sharing, the initiative will enable more efficient inspections of the dry cargo ships. Together with other stakeholders, the aim is to raise the bar where needed, and to improve working conditions, health and safety and environmental performance onboard dry cargo ships in the Baltic Sea and North Sea.Read more
Speaking at the Association’s 105th Annual Pulp Dinner held in the ballroom of the Waldorf Hilton Hotel in central London, President Jin Asada explained that the name change reflected the evolving nature of the business and Britain’s relationship to pulp. “There is a strong feeling that the industry does not want to lose this great and truly unique tradition of the annual dinner, there is a great fondness for the Association, but also a recognition that the world has changed rather a lot since the BWPA was founded in 1896.Read more
For the fiscal year to date (July-November), the Georgia Ports Authority has handled nearly 2 million TEUs, an increase of 109,000 TEUs, or 5.8%.
The positive numbers achieved last month mean Savannah's Garden City Terminal has marked year-over-year increases for five consecutive months, and 34 out of the past 36 months.Read more
Several of the largest buyers of dry cargo shipping in Sweden – EFO, Lantmännen, Stockholm Exergi and Södra – have formed the Responsible Shipping Initiative, RSI. The initiative will look to improve working conditions, health and safety and environmental performance onboard dry cargo ships that traffic the Baltic Sea and North Sea.
With the support of RSI, large Swedish buyers of maritime transport will be able to make inspections in a more efficient way, via common standards and better information sharing.
Following the recent takeover of the Jöbstl Group in Austria, this acquisition is another strategic step for Kuehne + Nagel in expanding its leading European overland network with strong positions in all major markets.Read more