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News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
Forwarding
News & Analysis
SC Commission Airs Savannah Deepening Objections
Peter T. Leach |
A commission representing South Carolina's interests in navigational issues on the Savannah River aired its objections to plans by the U.S. Army Corps of Engineers to deepen the Savannah harbor.
Maritime
Forwarding
FMC Orders Increased Oversight of Vessel Alliances
R.G. Edmonson |
The Federal Maritime Commission is ordering three global vessel alliances to provide more timely reports on changes in vessel capacity in the U.S. trades. <br /><br />
Maritime
Container lines
Forwarding
Chennai Draws Congestion Surcharges
JOC Staff |
Hapag-Lloyd said Wednesday it will apply emergency congestion surcharges on all containerized cargo moving through India’s Port of Chennai. <br /><br />
Maritime
Container lines
Forwarding
India’s Exports Jump 36.4 Percent
JOC Staff |
India’s exports jumped 36.4 percent in December to $22.5 billion, the highest year-over-year growth rate in 33 months, according to provisional trade figures released by the Commerce Ministry.
Maritime
Forwarding
DP World Opens Pakistan Terminal
Peter T. Leach |
DP World opened its new container terminal in Port Qasim near Karachi in Pakistan on Wednesday. <br /><br />
Maritime
Forwarding
French Port Strike Closes Le Havre Terminals
Peter T. Leach |
All dockworkers and a large number of port staff in Le Havre joined a national strike Wednesday shutting down shipping terminals at France's largest container port. <br /><br />
Maritime
Forwarding
TRAC Expands Trucker Chassis Program
Joseph Bonney |
TRAC Intermodal extended its web-based TRAC Connect program to the South Atlantic.
Maritime
Container lines
Forwarding
NY-NJ Terminals Closing For Winter Storm
Peter T. Leach |
The Port of New York and New Jersey will close all its marine terminals on Wednesday as the port braces for a winter storm expected to drop up to a foot of snow on the region. <br /> <br />
Port News
Maritime
Forwarding
Drewry Forecasts East-West Rates to Fall 7 Percent
Peter T. Leach |
Drewry Shipping Consultants is forecasting average ocean freight rates on major east-west trade lanes will decline 7 percent this year as large ocean carriers once again gear up for a fight for market
Maritime
Container lines
Forwarding
MSC Hikes Europe-South America Bunker Surcharges
Peter T. Leach |
Mediterranean Shipping Co.
Maritime
Container lines
Forwarding
CSAV Adds Savannah to All-Water Loop
Peter T. Leach |
Chilean carrier CSAV is adding the Port of Savannah to the port rotation of its all-water service from Asia to the U.S. East Coast, the Georgia Ports Authority said Monday.<br /> <br />
Maritime
Container lines
Forwarding
PSA's 2010 Throughput Climbs 14.4 Percent
Peter T. Leach |
Container throughput handled by Singapore-based port operator PSA International increased 14.4 percent to 65.12 million 20-foot equivalent units at its port projects around the world in 2010. <br />
Maritime
Forwarding
New Rule Blocks Hazmat Exports to Thailand
Peter T. Leach |
Some ocean carriers are suspending delivery of hazardous materials at Thailand ports because of a new Thai regulation requiring advance payment of insurance.<br /> <br />
Container lines
Forwarding
MSC Hikes India-Europe Rates
JOC Staff |
Mediterranean Shipping Company announced a general rate increase on the westbound trades from India to Europe and the Mediterranean, starting Feb. 1. <br /><br />
Maritime
Container lines
Forwarding
Shanghai Becomes World’s Largest Container Port
Peter T. Leach |
Shanghai overtook Singapore as the world's busiest container port in 2010, helped by continuing growth in Chinese trade and the business generated by the World Expo it hosted last year, the city gover
Maritime
Forwarding
Sustaining Shipping’s Growth
Mario O. Moreno |
By any measure, 2010 was as good a year for container shipping as 2009 was bad. U.S. containerized ocean trade returned with a vengeance, growing in the double digits.
Maritime
Transport, Trade, and Regulation News
Forwarding
Gateways to Growth
Kurt Nagle |
For centuries, seaports throughout the Western Hemisphere have served as economic lifelines, handling the export of goods and services worldwide and delivering prosperity for those living in the regio
Maritime
Forwarding
Transport, Trade, and Regulation News
On the Way Up From a Cyclical Downswing
Lakhsman Acuthan and Anirvan Banerji |
Amid rampant fears of a “double-dip” a year ago, we predicted — correctly — the U.S. economy would not backslide into recession.
Maritime
Forwarding
State of Shipping
x |
<em>Containerized ocean carriers enter 2011 riding a wave of upbeat news.
Maritime
Container lines
Forwarding
Breakbulk Up for Grabs
Peter T. Leach |
The best news for many breakbulk and project operators looking toward 2011 is that plenty of new capacity is entering the market.
Maritime
Forwarding
Pacific Carriers Embracing Lean Inventory
Bill Mongelluzzo |
For U.S. importers in the trans-Pacific, getting goods out of Asia in 2011 may amount to a case of you-get-what-you-pay-for. <br /> <br />
Maritime
Forwarding
Rx for Customs Compliance
Robert J. Pisani |
It’s been almost 11 years since I left the public sector after 21 years at Customs headquarters in Washington as a trade compliance attorney to begin my second career in the private sector.
Transport, Trade, and Regulation News
Forwarding
FMC to Review Slow-Steaming
R.G. Edmonson |
Federal Maritime Commission Chairman Richard A. Lidinsky Jr.
Maritime
Container lines
Forwarding
Le Havre Container Throughput Rebounds 5 Percent
Peter T. Leach |
Container throughput at the Port of Le Havre increased 5 percent during 2010 to 2.4 million 20-foot equivalent units, compared to slightly more than 2.2 million TEUs in 2009, when container traffic de
Maritime
Forwarding
Rotterdam 2010 Box Throughput Jumps 14.1 Percent
Peter T. Leach |
The volume of containers moving in and out of the Port of Rotterdam returned to what it termed “normal” levels in 2010.
Maritime
Forwarding
Dunavant Acquires Intermodal Company
Joseph Bonney |
Memphis-based Dunavant Enterprises acquired majority interest in Trans Gulf Transportation, a Houston company specializing in regional and local intermodal drayage and trucking operations.
Transport, Trade, and Regulation News
Forwarding
Cosco Expects Record Profit for 2010
Peter T. Leach |
China Cosco Holdings said it expects to close its books on 2010 with record net profit driven by global economic recovery and a healthier market for shipping. <br /><br />
Maritime
Container lines
Forwarding
Four Carriers to Launch Europe-South America Express
Peter T. Leach |
A consortium of four carriers plan to start a new weekly service between Northern Europe and the east coast of South America in March. <br /><br />
Maritime
Container lines
Forwarding
Singapore Container Throughput Jumped 9.9 Percent
Peter T. Leach |
The volume of containers handled by the port of Singapore increased 9.9 percent in 2010 to 28.4 million 20-foot equivalent units from 25.9 million in 2009, according to preliminary estimates released
Maritime
Forwarding
MSC Lowers Bunker Surcharges on US Imports
Peter T. Leach |
After two months in which it increased its bunker surcharges, Mediterranean Shipping Co. will lower the surcharges slightly for imports into the U.S. as of Feb. 1. <br /><br />
Maritime
Container lines
Forwarding
Harbor Trucking Companies Join Clean-Trucks Appeal
Bill Mongelluzzo |
The Harbor Trucking Association of Southern California, in a brief filed Wednesday with the U.S.
Maritime
Trucking labor
Forwarding
Container Volume Rises 6 Percent at Montreal
Courtney Tower |
The Port of Montreal reported a 6.1 percent increase in container traffic for 2010, outpacing growth in dry and liquid bulk cargoes. <br /> <br />
Maritime
Container lines
Forwarding
IANA Elects Chairman, Officers, Directors
Thomas L. Gallagher |
The Intermodal Association of North America elected a chairman, vice chair, treasurer and five directors, the board announced Jan. 5. <br /><br />
Rail News
LTL
Forwarding
Trans-Pacific Benchmark Rate Jumps 10 Percent
Peter T. Leach |
Eastbound spot rates on the trans-Pacific opened the New Year with a hefty jump as shipping lines put peak season surcharges into effect until the Chinese New Year. <br /> <br />
Maritime
Container lines
Forwarding
Maersk Expects Balanced Capacity in 2011
Peter T. Leach |
Maersk Line is forecasting an even balance between container vessel capacity and shipping demand this year even as the supply of new vessel capacity is expected to grow 9 percent. <br /><br />
Maritime
Container lines
Forwarding
India’s Container Volume Surges 11 Percent
JOC Staff |
Container throughput at major ports in India for the April-December period surged 11 percent over the same period in fiscal 2009-10, the Indian Ports Association said Wednesday. <br /><br />
Maritime
Forwarding
Super-Size Ships Challenge Capacity Balance, Report Says
Joseph Bonney |
Ship owners and operators are betting their future profitability on super-sized container ships and must delay deliveries of additional vessels to avoid overcapacity and plunging rates, a European shi
Maritime
Container lines
Forwarding
ABF Freight Expands Service to Dominican Republic
William B. Cassidy |
Trucking company ABF Freight System is broadening its container service from the U.S. to the Dominican Republic as it expands its global portfolio. <br /><br />
Trucking News
LTL
Forwarding
MOL Boosts Outlook for 2011
Joseph Bonney |
Japanese carrier MOL expects improved results from container shipping to push the group's ordinary income "much higher" than the $1.2 billion previously forecast for the current fiscal year.
Maritime
Container lines
Forwarding
NYK President Sees Vessel Capacity Outstripping Demand
Peter T. Leach |
The supply of container ship capacity will outstrip the growth in demand for vessel space this year and next as more new container ships are delivered in the two-year period, the president of NYK Line
Maritime
Container lines
Forwarding
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