Port operations at Merek, Indonesia, subject to monsoon berthing rules Diesel Hits Highest Average Cost Since Late October The average price of diesel continues moving higher, hitting its highest average cost since late October. The national average was up 3.9 cents from last week, to $3.883 per gallon, according to the U.S. Energy Department. LTL Freight Source Rebrands to Global Freight Source Fueled by a growth rate of 665% over the past three years, LTL Freight Services, Milwaukee, is rebranding itself as Global Freight Source as it focuses on becoming a single-source provider of shipping logistics. FMCSA Considers More Exemptions from Hearing Regulation The Federal Motor Carrier Safety Administration will consider additional applications for exemptions from the federal hearing standard prohibiting deaf truck drivers from interstate operations. The first 40 such individuals to receive these exemptions were approved in February. FMCSA Moves to Fix CSA Data Problem The Federal Motor Carrier Safety Administration is moving to fix a longtime problem in its CSA safety enforcement system. The agency is asking for comments on a plan to start including in its CSA database the results of court rulings on carrier challenges of roadside inspection citations. Tire Makers Yokohama and Kumho Forge Alliance Yokohama Rubber and Kumho Tire signed a memorandum of understanding on Nov. 29 to start discussions of technology exchanges and a capital alliance premised on cross-shareholdings. Universal Truckload Purchasing Westport Axle Universal Truckload Services announced Monday that it will acquire Westport Axle Corporation from an international industrial group headed in Brazil by SM Brasil Participações S/A. Economic Watch: Newest Measures Generally Positive UPDATED -- Total construction spending in the United States hit a four and half year high in October, according to U.S. Commerce Department report released on Monday. New York and New Jersey Bridge and Tunnel Tolls Increase The start of December brought with it higher toll rates for bridges and tunnels operated by the Port Authority of New York and New Jersey, with cash tolls now running $85 for five-axle trucks. Blaine Brothers Acquires Truckaline Blaine Brothers, a Minnesota-based parts and service company headquartered in the Twin Cities area, has acquired Truckaline in Blaine, Minn. Truckaline specializes in full-service truck alignments, frame work and suspensions, including brakes and springs. TCA Expands Health Competition’s Scope, Renames it Long-Haul Weight Loss Showdown After sponsoring three highly successful weight-loss challenges within the trucking industry, with more than 7,600 pounds lost, the Truckload Carriers Association has now added a 30-week maintenance component. Combined with the initial 10 weeks of weight loss, the entire program will last for 10 months in 2014, and will be called the “Long-Haul Weight Loss Showdown.” Tokyo Motor Show: Commercial Vehicles Are Back to Basics The 43rd Tokyo Motor Show, which ran from Nov. 20 to Dec. 1, showcased international manufacturers’ latest technology in trucks, buses, cars, motorbikes and accessories. HDT International Editor Sven-Erik Lindstrand returned with this report. Massachusetts Right To Repair Covers Commercial Vehicles the Massachusetts state legislature reconciled differences between two laws that were on the books in the state that mandated that vehicle manufacturers provide affordable access to all tools, software and information used to repair-late model vehicles. Spot Market Rates Barely Improve Despite More Freight The amount of freight on the spot market has jumped considerably over the last week, but rates have improved little, according to freight matching service provider DATs latest numbers. Wanted to go to West Seattle, stole ferry Heres an incident that gives a whole new meaning to the phrase taking the ferry. It was a morning of adventure on the high seas yesterday for Seattle police, the U.S. Coast Guard and Port of Seattle police after a man... Damen to build 80 m RO-RO ferry for Canada Canadas Newfoundland and Labrador Provincial Government has awarded Damen Shipyards Group an order for a state-of-the-art, 80 m Ice Class ferry, which will operate on the Fogo Island-Change Islands service. Scheduled for... Castrol to launch next generation cylinder oil Castrol Marine says that it will launch Castrol Cyltech CL 100 ACC in May 2014. It says the next generation cylinder oil is its considered technical response to the corrosion issues that can arise in modern two stroke marine... Knud E. Hansen gets Ro-Pax contract CS Marine of Shanghai has contracted Denmarks Knud E. Hansen A/S to develop the design of a 120 m Ro-Pax that will operate out of Hainan Iisland in the South China Sea. Knud E. Hansen A/S and CS Marine have already... First order for LNG Hybrid Barge Hamburg, Germany, based Hybrid Port Energy GmbH, a subsidiary of Becker Marine Systems GmbH & Co. KG, has awarded Shipbuilding and Machinery of Komárno, Slovakia, a contract to build what will be the worlds first LNG... Terntank ships first with Wärtsilä dual fuel two stroke Wärtsilä says that the engines selected for Terntank Rederis two just-announced newbuilds at Chinas AVIC Dingheng Shipbuilding Co will be the first to be powered by its new two-stroke, low pressure, dual-fuel engine. The... Canada arrests shipbuilding spy Canadian authorities have charged Qing Quentin Huang of Toronto with attempting to sell classified information on Canadian shipbuilding programs. Mr. Huang, a 53 year old naturalized Canadian citizen, is an engineer employed.. Damen wins Canada deal Dutch shipbuilder emerges victorious from fifteen competitors to seal ro-pax newbuilding. Japex backs imports Area devastated by nuclear power plant disaster set to be sight of new LNG terminal. Property deal challenged Cathay United Bank asks to pursue ‘fraudulent transfer’ action against TMT. Iranian tanker cuffed US lifts sanctions for potential judicial sale of suezmax Amin after arrest in China. CSCL crowns chairman China Shipping Container Line confirms appointment of Li Shaode’s replacement. FreeSeas in reverse split New York-listed owner plans to give shareholders one new share for every five. Tasneef classes aframax Former Genmar tanker emerges as fledgling class society’s first enrollee. AADA hikes China-Oz rate US$400/TEU for dry, reefer from January 7 Valles Steamships Koo takes chair at Hong Kong Shipowners Association Transnet halts Ngqura terminal bids without explanation, vows update later Zhejiang port box volume up year on year, but down month to month Xinjiang Korgas checkpoint opens green way for westbound fruit and veg Chengdu and Guangxi Qinzhou port cooperate on railway construction Russias Transcontainer profit up 5.4pc to US$174.9 million as sales rise Maersk, MCC Transport fete 20 years of co-operation in Cambodia Port operations at Merek, Indonesia, subject to monsoon berthing rules Jodhpurs Max Shipping InterMax acquires Yangtze heavy lift barges Lufthansa Cargo names second 777F Jambo Kenya to accent Africa Royal Australian Air Force receives Boeing Cargo Compartment Trainer Air cargo executives weigh ups and downs of economic conditions ahea MTC Logistics to Expjocand Reefer Hub at Port of Baltimore FMCs P3 Summit With China, EU Set for Dec. 17 EU Antitrust Probe Challenges Carriers’ GRI Announcements State Investment in Infrastructure Seen as Key to ASEAN Growth Metro North Train Derailment Delays Freight Shipments Zim Swung to Black in Third Quarter CMA CGM Names Martens as Terminal Link VP Fuel prices rise in New York Avails were said to be tight in Cartagena on Monday. FMC to host global regulatory summit Summit to be held in light of increased networking among ocean common carriers. Hamburg to get cold ironing barge LNG-fuelled Vessel to provide cold ironing power to cruise ships. Dual fuel operations will impact lubricant requirements Wartsila confirms switching from HFO to LNG will mean using different cylinder oils. Mixed avails in Fujairah Prices firming in Suez. LS avails tight in Rotterdam Market sources unsure when the situation will improve. Market has moved decisively in favour of high BN lubes Castrol says new lube ensures safe, fuel efficient engine operation in the slow steaming era. Shipowners warn against regional CO2 regulations We are a global industry requiring global rules. Otherwise we have chaos. IFO prices weaken across Asia Meanwhile, MGO prices were mostly strengthening. First orders for low pressure, 2-stroke, dual-fuel engine Order represents a historic landmark in the process towards general acceptance of LNG as a marine fuel. Bunker barge stopped from entering Indian port Vessel allegedly carrying stolen bunkers. Latest dividend from WFS Cash dividend same as last quarterly offering. Bunker trading volumes down in Singapore There is no market for trading big volumes, trader says. BIMCO ready to bang drum for revised bunker contract New version of standard bunker contract to get strong global marketing effort. Bridgestone has its first tire for auto haulers Bridgestone Commercial Solutions, a business unit of Bridgestone Americas Tire Operations LLC, has introduced its first tire designed for long- and regional-haul auto-haul transportation vehicles in the U.S. and Canadian market, the Bridgestone M749 drive radial tire. Cyber Monday: Do you compete in cyberspace? Thanksgiving weekend is turning into a cluster of retail holidays, and tire sales are part of the fuss. There’s Black Friday, Small Business Saturday and Cyber Monday. Yokohama and Kumho jump in bed together Yokohama Rubber Co. Ltd. and Kumho Tire Co. Inc. signed a memorandum of understanding on Nov. 29 to start discussions of technology exchanges and a capital alliance premised on cross-shareholdings. Apollo closes African deal with Sumitomo Apollo Tyres Ltd. has completed the sale of some assets in Africa to Sumitomo Rubber Industries (SRI) for $60 million. The deal allows SRI to acquire Apollo Tyres South Africa (ATSA), including the Ladysmith passenger car tyre plant, and the Dunlop brand rights that Apollo had in 32 countries of Africa. Goodyear dividend tops 73 cents a share Directors of The Goodyear Tire & Rubber Co. have declared a quarterly dividend of 73.44 cents per share of mandatory convertible preferred stock for the ninth consecutive quarter.
Posted on: Tue, 03 Dec 2013 04:31:33 +0000
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