Transportation: Page 502

Spot Truckload Volume Declines 1%

DAT Freight & Analytics

Flatbed load volume rose 9 percent and capacity increased 3 percent compared to the previous week, resulting in a 6 percent increase in the load-to-truck ratio to 23.5.

Flatbed load volume rose 9 percent and capacity increased 3 percent compared to the previous week, resulting in a 6 percent increase in the load-to-truck ratio to 23.5. The national average flatbed rate rose 1 cent to $1.92 per mile with strong demand in the Southeast.

Ocean Ports & Carriers

Global Ocean Shipping Alliances Press Forward

The European Commission, the EU’s regulator, has set April 29 as its deadline to decide on the merger of CMA CGM and NOL.

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Ocean Ports & Carriers

Ports To Invest $154.8 Billion In Infrastructure Improvements Over 5 Years

American Association of Port Authorities (AAPA)

The combined $155 billion, 5-year investment that U.S. ports and their private sector partners are planning represents a more than three-fold increase over the combined $46 billion figure obtained from the same survey five years ago.

Economist John C. Martin, Ph.D., president of Lancaster, Pa.-based Martin Associates, said U.S. Bureau of Economic Analysis formulas show that investing nearly $155 billion in capital projects at U.S. ports would create about 1.6 million direct, indirect and induced domestic jobs, accounting for approximately 3.3 billion person-hours of work over the period of the investment.

USDA To Strengthen Local Food Supply Chains

The project, dubbed “Food LINC,” will connect demand for local food in in those 10 urban areas with supply from farmers, strengthening each region’s local food business sector and increasing consumer access to local food.

Food LINC is part of USDA's Know Your Farmer, Know Your Food Initiative (KYF2) supporting the Obama Administration's work to strengthen economic bonds between rural and urban areas, creating sustainable wealth for rural communities and putting more money into the pockets of rural producers.

Canadian Pacific Railway Inc. Scraps Merger Bid For Norfolk Southern Corp.

Canadian Pacific Kansas City (CPKC)

CP proposed the creation of what it called an end-to-end railroad that would enhance competition, ease freight congestion now and into the future, improve service to shippers, better support the economy and generate significant shareholder value for both.

Canadian Pacific Railway Ltd. (CP) has terminated efforts to merge with Norfolk Southern Corp. (NS), including the withdrawal of a resolution asking NS shareholders to vote in favor of good-faith negotiations between the two companies.

CMA CGM Petitions EU To Acquire Neptune Orient Lines

The CMA offer resulted in the EU competition authority extending the deadline for its decision on CMA CGM's NOL takeover to April 29 from April 15 to examine the package, according to the Commission website.

CMA CGM, which ranks behind No. 1 Maersk Line and Swiss peer MSC in global shipping, submitted the concessions recently, a filing on the European Commission website showed. CMA is expected to withdraw NOL from competing shipping alliances to allay concerns, people familiar with the matter said.

BNSF Considers Scrapping Intermodal Facility Near California Ports Due To Judge’s Ruling

After reviewing California Superior Court Judge Barry Goode's ruling, BNSF officials are "troubled by what the decision represents and uncertain whether moving forward with the project is feasible at this time," said BNSF in a press release.

The judge's ruling was in response to lawsuits filed against the project over concerns that it would have a harmful impact on the environment.

Ocean Ports & Carriers

2M Alliance Asia Cargo Service Adds Miami, Fla. Stop

A.P. Moller- Maersk

The 2M Alliance, comprised of Maersk Line and Mediterranean Shipping Co., recently announced the launch of a new service, the "Lone Star Express," between Asia and the U.S. Gulf and East Coasts which includes a weekly rotation at PortMiami

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Agriculture Shippers Group Asks Congress To Reconsider Container Weight Rule

AgTC says this will impose unnecessary costs, additional EDI communications and delay in shipments. It will also create port congestion, missed sailings, spoiled cargo and angry foreign customers.

The Agriculture Transportation Coalition (AgTC) submitted its request to Congress in advance of the April 14 hearing of the House Transportation & Infrastructure Committee on SOLAS container weight amendment implementation.

Trucking Industry Loses Jobs For Second Straight Month As U.S. Employment Rises

The second consecutive month of job losses is a warning to carriers struggling to recruit truck drivers that wages may have to rise again, and a signal to shippers that the “abundant” truck capacity they’ve enjoyed since last summer may have its limits.

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Featured In Food Logistics: Arizona-Sonora Partnership Points To Stronger Southwest Cross-Border Trade

The U.S./Mexico border also offers opportunities, thanks to its natural strengths such as the industrial clusters already in place.

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FDA To Host Webinar April 25 On Final Sanitary Transportation Rule

Food & Drug Administration (FDA)

The U.S. Food & Drug Administration (FDA) will host a webinar on April 25 about the recently-announced Food Safety Modernization Act (FSMA) Final Rule on Sanitary Transportation of Human and Animal Food.

The U.S. Food & Drug Administration (FDA) will host a webinar on April 25 about the recently-announced Food Safety Modernization Act (FSMA) Final Rule on Sanitary Transportation of Human and Animal Food. The webinar will be from 11 a.m. to Noon Eastern Time.

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