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News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
Forwarding
News & Analysis
ITC Imposes Dumping Duties on Chinese, Indonesian Paper
Peter T. Leach |
The U.S. will impose dumping and anti-subsidy duties on glossy paper from Indonesia and China after the U.S.
Transport, Trade, and Regulation News
Forwarding
Seaspan Covers Financing for New Ships
Joseph Bonney |
Seaspan, which owns container ships and charters them to operators, signed two financing transactions that will enable the company to fully finance ships it has ordered without issuing additional equi
Maritime
Container lines
Forwarding
Horizon Profit Falls 8.3 Percent
Joseph Bonney |
Domestic ocean carrier Horizon Lines said soft mid-year shipping volume produced declines in third-quarter net profit and operating income despite higher revenue from logistics services and fuel surch
Maritime
Container lines
Forwarding
Rotterdam Containers Jump 17 Percent
Bruce Barnard |
Container traffic in Rotterdam increased 17 percent in the first nine months of 2010 from a year ago to 8.4 million 20-foot equivalent units, putting Europe's top container hub on track to match the r
Maritime
Forwarding
French Unions Call for More Strikes
Bruce Barnard |
French labor unions called for two more days of nationwide strikes and street demonstrations to protest the government's controversial pension reform plans. <br /><br />
Maritime
Forwarding
CMA CGM to Launch Direct Europe-Vietnam Service
Peter T. Leach, Bruce Barnard |
CMA CGM will launch direct service to Vietnam from northern Europe on Nov. 9, deploying the largest container ships to serve the Asian nation. <br /><br />
Maritime
Container lines
Forwarding
US Grain Shipments Surge
Courtney Tower |
American wheat is flowing to Europe and North Africa through Great Lakes ports as never before, and Adolph Ojard at the Port of Duluth, Minn., gives credit for that to the Russians abroad and "a bount
Maritime
Forwarding
OOCL Revenue Soars 65.5 Percent in Third Quarter
Bruce Barnard |
Orient Overseas Container Line reported third quarter revenue soared 65.5 percent from a year ago to $1.57 billion driven by sharply higher cargo volume and freight rates across its global network.
Maritime
Container lines
Forwarding
Global Crude Steel Production Grew Slightly in September
Peter T. Leach |
Global crude steel production for the 66 countries reporting to the World Steel Association crept up slightly in September from the same month in 2009. <br /><br />
Transport, Trade, and Regulation News
Forwarding
French Unions Eye Oct. 26 Strike
Bruce Barnard |
France's eight largest labor unions met Oct. 21 to co-ordinate strategy for their nationwide protests against government plans to raise the minimum retirement age. <br /><br />
Maritime
Forwarding
CMA CGM's Figaro Heads to Far East
Bill Mongelluzzo |
The 8,500-TEU CMA CGM Figaro, the largest CMA CGM container ship ever to call at a Canadian port, will leave Vancouver Thursday for the Far East.<br /> <br />
Maritime
Forwarding
US Trucker ODFL Expands Trans-Pacific Reach
William B. Cassidy |
Trucking company Old Dominion Freight Line is expanding an overseas partnership aimed at expediting less-than-containerload freight shipped to the U.S. from China. <br /> <br />
Trucking News
Container lines
Forwarding
LTL
Grimaldi Restarts Mediterranean-West Africa Service
Peter T. Leach |
The Grimaldi Group will recommence service between the Mediterranean and West Africa with the launch Oct. 26 of its "Mediterranean Express" service. <br /><br />
Maritime
Container lines
Forwarding
Sentencing of Maersk Alabama Pirate Postponed
Peter T. Leach |
A Somali national who pleaded guilty to piracy charges still awaits sentencing after postponement of a hearing in New York Tuesday. <br /><br />
Maritime
Container lines
Transport, Trade, and Regulation News
Forwarding
French Police Lift Oil Depot Blockades
Bruce Barnard |
The French government Oct.
Maritime
Container lines
Forwarding
Latest MSC Mega-Vessel Calls Salalah
Peter T. Leach |
The MSC Emanuella, the latest of Mediterranean Shipping Co.’s super sized container vessels, made its first call at the Port of Salalah in Oman on its maiden voyage Wednesday. <br /><br />
Maritime
Container lines
Forwarding
Costamare Files $260 Million IPO
Bruce Barnard |
Costamare, the Greek charter container ship owner, plans to raise up to $260 million in an initial public offering on the New York Stock Exchange. <br /><br />
Maritime
Container lines
Forwarding
Container Ship Calls at New Orleans Set Record
Peter T. Leach |
During September, 43 container vessels called at the Napoleon Avenue Container Terminal in New Orleans, setting an all-time record for the number of container ships arriving at the port in a given mon
Maritime
Container lines
Forwarding
Charleston Container Throughput Jumps 18 Percent
Peter T. Leach |
The container volume handled by the Port of Charleston in the quarter ended Sept.
Maritime
Forwarding
Concor Ekes Out Profit
JOC Staff |
Net profit for state-owned Container Corporation of India grew by a mere 2 percent in the second quarter to $47 million as earnings plunged in the core export-import segment amid increasing competitio
Rail News
Forwarding
Le Havre Dockworkers, Riot Police Clash
Bruce Barnard |
Striking French dockworkers, truck drivers and railway employees paralyzed a large swath of the nation's supply chain Oct.
Maritime
Forwarding
Maersk Alabama Pirate Faces Sentencing
Peter T. Leach |
The Somali pirate who led the attack on the Maersk Alabama off the coast of Africa last year will be sentenced Tuesday. <br /><br />
Maritime
Container lines
Forwarding
Evergreen Chairman Sees Intra-Asia Growth Coming
Peter T. Leach |
The growth of the intra-Asia container trade lanes will make up for the slower growth of markets in the U.S. and Europe, according to the chairman of Taiwan's Evergreen Marine. <br /><br />
Maritime
Container lines
Forwarding
Maersk Starts Asia-Europe Capacity Cuts
Peter T. Leach |
Maersk Line plans to reduce capacity on its Asia-Europe services starting next month and will cut more next year to adjust to slowing demand during the slack winter season. <br /> <br />
Maritime
Container lines
Forwarding
APL Parent Group Earned $282 Million Profit
Joseph Bonney |
The parent company of container ship line APL reported third-quarter net profit of $282 million, a turnaround from a $139 million loss a year earlier, as revenue jumped 55 percent to $2.4 billion.
Maritime
Container lines
Forwarding
Terminal at Jaxport Works around Deterioration
Peter T. Leach |
The Port of Jacksonville’s Blount Island Terminal carried on its work this week after a regular inspection of its mile-long pier exposed severe deterioration. <br /> <br />
Maritime
Forwarding
Antwerp Container Volume Surges 16.9 Percent
Bruce Barnard |
Container traffic in the port of Antwerp surged 16.9 percent in the first nine months of 2010 from a year ago to move within sight of the pre-crisis record set in 2008. <br /> <br />
Maritime
Forwarding
NAFTA Sales Boost Steel Exports
Joseph Bonney |
Steel exports increased 6.8 percent in August from July because of higher sales to Canada and Mexico, the largest buyers of U.S.-made steel, Commerce Department data show. <br /><br />
Transport, Trade, and Regulation News
Forwarding
French Dockworkers to Walk Out at Midnight
Bruce Barnard |
French dockworkers will walk off the job at midnight to join a 24-hour nationwide strike Oct. 19 against government plans to reform the state pension system. <br /><br />
Maritime
Container lines
Forwarding
Hanjin Buys Slots on Asia-South Africa Service
Peter T. Leach |
Hanjin Shipping will expand its network into north-south trade lanes by buying slots on a new “K” Line South Africa Express service from Asia to South Africa.<br /> <br />
Maritime
Container lines
Forwarding
Maersk Imposes Low-Water Surcharge for Amazon
Bruce Barnard |
Maersk Line Oct.
Maritime
Container lines
Forwarding
Kuehne + Nagel Posts Record Operating Profit
Bruce Barnard |
Kuehne + Nagel booked a record $282 million third quarter operating profit, an 18.9 percent increase on last year's $237 million profit driven by sharply higher ocean container and air freight volumes
Air Cargo
Forwarding
A Logistics Tour de Force
William Armbruster |
The systematic withdrawal from Iraq of tens of thousands of troops and huge amounts of equipment requires what the CBS News program “60 Minutes” described as a “logistical tour de fo
Maritime
Forwarding
Handling With Military Precision
William Armbruster |
When it comes to port productivity, it’s hard to beat military discipline. <br /> <br />
Maritime
Forwarding
For Some Cargo, DOE Prefers Foreign Flag
R.G. Edmonson |
The Transportation and Energy departments are embroiled in a dispute over the interpretation of the Cargo Preference Act, the 1954 law that gives U.S.-flag operators priority for transporting governme
Transport, Trade, and Regulation News
Forwarding
China, Start Your Engines
Bruce Barnard |
China is driving the world’s car manufacturers toward record sales this year and sharp growth over the coming decade barely 18 months after the global financial crisis plunged the industry into
Maritime
Forwarding
Is the West Coast Canal-Resistant?
Bill Mongelluzzo |
For Expeditors International’s Todd Thomas, the debate over vessel routing when ships of up to 12,000 TEUs will be able to transit the Panama Canal comes down to simple math: “The shortest
Maritime
Forwarding
MSC, OOCL Cancel Montreal Low-Water Surcharges
Peter T. Teach |
The level of the water in the St. Lawrence River has risen from last summer’s lows, enabling container ships to carry more cargo into the Port of Montreal.<br /> <br />
Maritime
Container lines
Forwarding
CMA CGM Upgrades Europe-Mexico Service
Peter T. Leach |
CMA CGM will launch its New Victory Bridge service on Sunday, Oct. 17 with larger vessels in conjunction with CSAV between ports in North Europe, the U.S. South Atlantic, Mexico and the U.S. Gulf.
Maritime
Container lines
Forwarding
MSC Raises Eastern U.S. to South America Rates
Peter T. Leach |
Mediterranean Shipping Co. said it will raise its freight rates on shipments from ports on the U.S. Gulf, East Coast and South Atlantic to the East Coast of South America as of Oct. 25. <br />
Maritime
Container lines
Forwarding
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