Congratulations to James from the entire First Coast family. We look forward to gathering in…
Maersk & Hapag-Lloyd see 3rd quarter gains while Hyundai and ZIM see losses; Tips on counteracting road salt; Container carriers reducing capacity in 2019; Asian imports surge into U.S. gulf ports; EPA pushes for reduction of trucks’ NOx emissions
We thought you might be interested in the following “Transportation Happenings” for the week ending November 16th, 2018:
- The 3rd quarter earnings reports from several of steamship lines show mixed results. Maersk and Hapag-Lloyd experienced gains ($360 and $130 million, respectively) while Hyundai and ZIM saw losses ($148 and $66 million, respectively).
- While many terminals do not experience heavy winter weather, the O/Os of all terminals are exposed at some time. This article gives some good tips on preventative maintenance to counteract the effects of road salt.
- Container carriers are reducing their capacity in 2019 to try and match supply and demand, as well as mitigate high fuel costs.
- Asian imports are surging into the U.S. gulf ports, a positive result from their efforts to attract all-water services from Asia.
- The EPA is re-opening the issue on reduction of nitrogen oxide emissions from trucks, which may affect new engines.
Source: Bob Griffin, First Coast Logistics