US Jobs, Factory Orders illustrate US economic expansion – A catalog of positive reports are outlined in this piece from Bloomberg.
The Port of Long Beach will enter the chassis business – In a surprising development, the Long Beach Harbor commissioners approved a plan to create an entity which would manage a fleet of chassis. The move is meant to help ease congestion issues plaguing the port. Read the story here. (Cargo Business News) Another piece on the same, here.
STB requires railroads to file delay reports – The Surface Transportation Board is now requiring all Class 1 railroads to report weekly on delays and operations. The rule has been prompted, at least in part, by non-oil customers who claim they are being pushed away in favor of petroleum shippers. Read more here. (Omaha.com)
Retail organization predicts record October for imports – The National Retail Federation comments on the summer’s import volumes and holiday stocking. Read the story here. (Cargo Business News) And here. (Furniture Today)
Another rosy report on US manufacturing – Economists outline increases in manufacturing across several industries. See the story here.
Contrasting the growth in the US, concerns for the European economy grow – Containerized Asia-Europe freight volumes are declining. Carriers will see cargo rates decline again, an A.P. Moeller Maersk official states here.
Shippers, Truckers say “No” to demurrage charges at congested terminals – Cargo interests are pushing back against demurrage and per diem charges they say are beyond their control. Congestion and unavailable cargo keep consignees from their containers. Read the story here. (JOC)
FEC launches Piedmont Express service between N. Carolina and Florida – Faster rail services between Florida and the rest of the country continue to be added. See the story here. (JOC)