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eNews • October 1, 2010
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Promoting a Cost-Effective, Reliable and Competitive Transportation System

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Top 10 Ocean Container Lines (as of August 2010) (Ranked by operating capacity)

  Company Country TEUs # of owned ships # of charter ships
1. A.P. Moeller – Maersk Group Denmark 2,097,501 207 354
2 Mediterranean Shipping Co.     Switzerland 1,728,585   204 226
3. CMA CGM Group France 1,140,825 87 299
4. Hapag-Lloyd Germany 603,439 61 77
5. APL Singapore 598,134 45 101
6. Evergreen Line Taiwan 596,627 90 71
7. COSCO Container Line China 530,859 92 44
8. CSAV Group Chile 528,171 8 133
9. China Shipping Container Lines China 486,871 73 64
10. Hanjin Shipping Group  South Korea 462,846 20 81

Source: American Shipper

TEU - “twenty foot equivalent unit.”  A standard container size that can be loaded and sealed onto ships, railroad cars, trucks, and planes.  The dimensions of a TEU are 20 ft (length) × 8 ft (width) × 9 ft (height).  The maximum gross mass for dry cargo TEU is 52,910 lb: 47,770 lb (net load) + 5,140 lb (empty container weight). A TEU can accommodate 796 bushels of soybeans.

White House Supports Bigger Trucks in Maine, Vermont.

White House Supports Bigger Trucks in Maine, Vermont.

The Obama Administration recently provided its support for a pilot project in Maine and Vermont allowing heavier trucks on interstate highways. In its continuing resolution for fiscal year 2011, the White House proposed the one year test program be made permanent. The continuing resolution would fund the federal government beyond Oct. 1, 2010.

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Rockefeller reiterates commitment to rail reform.

Rockefeller reiterates commitment to rail reform.

Senator Jay Rockefeller (D-WV), Chairman of the Senate Commerce, Science, and Transportation Committee, reiterated his commitment for reform of the rail industry in a September 15 hearing titled, “The Federal Role in National Rail Policy.” John Porcari, Deputy Secretary of the U.S. Department of Transportation, and Daniel Elliott, Chairman of the Surface Transportation Board (STB), were witnesses during the hearing.

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East Coast Ports May Not Need to Dig Deeper

East Coast Ports May Not Need to Dig Deeper

East Coast container ports have plenty of capacity to handle the bigger ships that will be coming through the Panama Canal after it completes a third set of locks in 2014 and may not have to deepen their harbors as much as they planned.

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Analyst Warns Container Vessel Surplus Looming

Analyst Warns Container Vessel Surplus Looming

Ocean container carriers, just back to profitability after last year’s steep shipping downturn, face a return to overcapacity in the coming 12 to 18 months because a projected fourth quarter slowdown in cargo demand will likely continue into next year, an analyst said.

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The Soy Transportation Coalition is comprised of thirteen state soybean boards, the American Soybean Association, and the United Soybean Board. The National Grain and Feed Association and the National Oilseed Processors Association serve as ex-officio members of the organization.

Soy Transportation Coalition
1255 SW Prairie Trail Pkwy., Ankeny, Iowa 50023
Phone: (515) 727-0665 Fax (515) 251-8657
Email msteenhoek@soytransportation.org
Web www.soytransportation.org

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Funded by the Soybean Checkoff

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