2000s
It became increasingly apparent that a print newspaper with a worldwide readership faced a struggle in keeping its readers up-to-date on breaking news. By the time the newspaper was delivered, most readers had already gotten their news by fax, telephone or on the Internet. In 2000, the JoC converted the its daily print publication into a weekly magazine, JoC Week, which provided analysis of trade logistics.
In 2001, The Economist sold the JoC to Commonwealth Business Media, the New Jersey-based publisher of Pacific Shipper, Canadian Sailings, and a number of railroad and trucking directories. The new owners had long-standing connections with the transportation industry, having previously owned Traffic World, another magazine acquired with its purchase of the JoC Group.
In 2006, United Business Media acquired Commonwealth Business Media, from its owners: RFE Investment Partners, Bariston Partners, The Economist Group, ABRY Partners and Commonwealth's management. In 2008, United Business Media reorganized Commonwealth Business Media into two separate market-focused businesses. The Journal of Commerce became a part of the UBM Global Trade group, focusing on serving professional communities engaged in commercial sea, rail and road transportation and logistics worldwide.
Effective March 2, 2009, Traffic World magazine and The Journal of Commerce merged into one publication under the flagship Journal of Commerce banner. The JoC introduced a redesigned, comprehensive editorial product that utilizes data from PIERS: The Port Import/Export Reporting Service to enhance news stories, offer a variety of Web tools that will complement its move to a digital environment with real-time focus, provide more analysis and market-oriented content.
The combined publication integrates the trucking, rail transport, express and domestic-focused logistics coverage of Traffic World with the international, U.S. Customs, container shipping, intermodal and breakbulk focus of The Journal of Commerce titles. The new publication is led by Paul Page, Editorial Director, and Joe Bonney, Executive Editor.
Read more about this topic: The Journal Of Commerce