business

Breaking: Number of U.S. truck transportation jobs up by 2,000 in July

The number of truck transportation jobs in the U.S. rose by 2,000 in July, according to the monthly employment report of the Bureau of Labor Statistics, released Friday morning, August 7.

Employment in the sector stood at 1,438,600 in July, up from 1,436,600, according to the report.

That number is down from 1,553,600 a year ago, for a net decline of 115,000 jobs.

Employment in the rail sector fell 3,200 jobs in the month to 141,500 jobs. A year ago, there were 175,200 railroad jobs.

In the...

https://s29755.pcdn.co/news/breaking-number-of-u-s-truck-transportation-jobs-up-by-2000-in-july

Koch-owned KBX teams up with Transflo on electronic BOLs

KBX Logistics has entered into a partnership with Transflo to expand the use of electronic bill-of-lading and electronic proof-of-delivery solutions to KBX customers.

KBX is an arm of privately owned Koch Industries. On its website it describes itself as the sixth-largest 3PL in the U.S., managing more than $1 billion in freight spending in U.S. transportation.

The new service will provide KBX customers with electronic bill-of-lading (eBOL) and electronic proof-of-delivery (ePOD) documents. “This...

https://www.freightwaves.com/news/koch-owned-kbx-teams-up-with-transflo-on-electronic-bols

The First Interplanetary Cargo Ship by Airbus

  • Airbus-France to build the huge satellite that brings the first Martian rock samples back to Earth.
  • The joint American-European project is expected to cost billions and take just over a decade to implement.
  • Scientists say it’s probably the best way to confirm whether life has ever existed on the Red Planet.
  • This material will be drilled on the Red Planet by the US space agency’s next rover, Perseverance, before being blasted into orbit by a rocket.
  • It’ll be the Airbus satellite’s job to grab...

https://mfame.guru/the-first-interplanetary-cargo-ship-by-airbus/?amp;amp;

Uber Freight sees jump in Q2 revenue; parent company turns in weak performance

Uber Freight’s revenue rose strongly in the second quarter of 2020 compared to last year while its negative earnings before interest, taxes, depreciation and amortization (EBITDA) increased slightly.

Uber Freight’s second-quarter revenue was $211 million, up from $167 million, an increase of 27% on a constant currency basis. Meanwhile, EBITDA for the segment rose to a loss of $49 million compared to a loss of $52 million in the second quarter of last year.

However, the EBITDA figure for the...

https://www.freightwaves.com/news/uber-freight-sees-jump-in-q2-revenue-parent-company-turns-in-weak-performance

Airbus orders in 2020 cut in half by COVID-19

Airbus

European aircraft manufacturer Airbus (OTCMKTS: EADSY) received four orders in July compared to 33 last year as airlines downsize and rein in capital expenses to survive the travel fallout from the coronavirus pandemic.

Year-to-date through July, orders at Airbus are down by half. The airframer said it received 302 net orders after customers canceled orders for 67 aircraft. In 2019, the aircraft manufacturer had 768 net orders. 

Most of the airplanes ordered were mid-range, single-aisle planes...

https://s29755.pcdn.co/news/airbus-orders-in-2020-cut-in-half-by-covid-19

Commentary: 20-foot container crunch may impact harvests

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  

The U.S. agriculture industry has faced numerous headwinds during the COVID-19 pandemic, and with harvests just around the corner, there is a trend developing that could impact the availability of the industry’s desired 20-foot containers.

Wheat waving in the breeze.
(Photo: Melissa Askew/Unsplash)

Containership lines’ blank sailings over the past few months...

https://s29755.pcdn.co/news/commentary-20-foot-container-crunch-may-impact-harvests

Enstructure acquires bulk terminal at Port Canaveral

Enstructure

Bulk terminal and logistics services company Enstructure has acquired Ambassador Services’ marine terminal operation at Florida’s Port Canaveral.

Financial terms of the deal were not disclosed, but Enstructure said it will retain Brian Hubert as president and rename the terminal Ambassador Services International. Hubert will also become a partner in Enstructure.

Ambassador’s Port Canaveral terminal includes 55 acres and 440,000 square feet of warehouse storage, including 280,000 square feet of...

https://s29755.pcdn.co/news/enstructure-acquires-bulk-terminal-at-port-canaveral

Top Global Carriers Bunch Closer Forming a Three-tiered Structure

According to analysts, there is an emergence of a three-tiered structure among the world’s top liners, reports Splash 247.

Carriers bunching together

During the pandemic the sizes of the fleets of the top four carriers have bunched closer together. 

The next three have grouped closer and a third grouping made up of Yang Ming and HMM has become more equalised in recent months.

Three-tiered structure 

Copenhagen-based Sea-Intelligence analysts reports stated that emergence of a three-tiered structure...

https://mfame.guru/top-global-carriers-bunch-closer-forming-a-three-tiered-structure/?amp;amp;

Carnival Corp Commits To Environment-friendly Ship Recycling

  • Carnival Corporation & plc released details of its ship recycling plans.
  • Reached an agreement with Ege Celik and Simsekler companies.
  • It aims to responsibly dismantle and recycle the Carnival Fantasy and Carnival Inspiration.
  • Carnival Corporation worked with the environmental non-profit Bellona Foundation.
  • Ir has approached green ship recycling specialist Sea2Cradle.
  • Sea2Cradle will formulate an approach to dismantling and recycling the ships.

According to an article published in...

https://mfame.guru/carnival-corp-commits-to-environment-friendly-ship-recycling/?amp;amp;

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