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News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
Forwarding
News & Analysis
Port Nehru Truckers Strike
JOC Staff |
A sudden strike by container truck drivers Tuesday morning threatened serious delays to cargo moving through Nhava Sheva International Container Terminal in India’s Port of Jawaharlal Nehru, the count
Maritime
Forwarding
Panama Canal Toll Hikes Cause Concern
Joseph Bonney |
Rising tolls at the Panama Canal are causing some industry officials to question whether increased costs will cause carriers to avoid the canal after a third set of locks allows transits by bigger shi
Maritime
Forwarding
Le Havre Container Traffic Rises 7.8 Percent
Bruce Barnard |
Le Havre's container traffic rose 7.8 percent in the first eight months of the year compared with a year ago, bucking a decline in its overall cargo volume but trailing box growth at its main European
Maritime
Forwarding
East Coast Ports May Not Need to Dig Deeper
Peter T. Leach |
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 th
Maritime
Forwarding
Ocean Carriers Cut Capacity 40 Percent for Golden Week
Bruce Barnard |
Ocean container carriers pulled around 100,000 20-foot equivalent units of capacity from the Asia to North Europe route during the Chinese vacation week as freight rates decline rapidly on weaker-than
Maritime
Container lines
Forwarding
LA Harbor Commission Approves Employee Driver Schedule
Bill Mongelluzzo |
The Los Angeles Harbor Commission Monday approved a schedule by which harbor trucking companies next year must begin phasing employee drivers into their fleets, with 100 percent employee drivers requi
Maritime
Trucking labor
Forwarding
Port Terminal Expansion Called Urgent
Bill Mongelluzzo |
Marine terminal expansion almost came to a halt last year during the global trade recession, but construction of container terminals must resume soon or capacity shortages are likely to occur in some
Maritime
Forwarding
Japanese Trade Surplus Shrinks in August
Hisane Masaki |
Japan's trade surplus with the rest of the world narrowed for the first time in 15 months in August as imports grew faster than exports, according to preliminary figures released by the Finance Minist
Transport, Trade, and Regulation News
Forwarding
Maersk Sees Africa, South America Growth
Bruce Barnard |
Maersk Line is increasingly serving Africa and South America with direct services from Asia as quickening economic growth in emerging markets forces the world's largest ocean container carrier to adju
Maritime
Container lines
Forwarding
S&P Hikes Zim Rating Four Grades
Bruce Barnard |
Standard & Poor's raised the rating on Zim Integrated Shipping Service's bonds four grades to BB+ following its return to profit in the second quarter of 2010. <br /><br />
Maritime
Container lines
Forwarding
Truckers File Appeal in LA Clean-Truck Case
Bill Mongelluzzo |
The American Trucking Associations at the weekend filed its formal appeal with U.S. District Court Judge Christina A.
Maritime
Trucking labor
Forwarding
An early Peak? Not just yet
Joseph Bonney |
Someone forgot to tell importers that the peak shipping season was already over. <br /> <br />
Maritime
Forwarding
Obama’s Sales Pitch
R.G. Edmonson |
In the first progress report on its ambitious National Export Initiative, the Obama administration rapped a solid base hit, but business leaders are looking for home runs.<br /> <br />
Transport, Trade, and Regulation News
Forwarding
Trucking labor
World Shipping Council Elects New Board Members
Peter T. Leach |
The World Shipping Council elected Kenji Mizushima, CEO of NYK's Global Liner Management Division, to its board at its semi-annual meeting in September. <br /><br />
Maritime
Container lines
Forwarding
DB Schenker Launches Pan-Europe Rail System
Bruce Barnard |
Germany's DB Schenker Rail launched a project to create a Europe-wide system to supply and control rail freight transport aimed at boosting the industry's share of the maritime container market.
Rail News
Forwarding
SCI to Invest $4 Billion in New Ships
JOC Staff |
State-owned Shipping Corporation of India plans to spend an estimated $4 billion on fleet expansion over the next five years. <br /><br />
Maritime
Container lines
Forwarding
Trans-Pacific Lines Create Shipper Advisory Group
Joseph Bonney |
Trans-Pacific container lines formed a 16-member shipper advisory board to discuss solutions to problems that provoked complaints by exporters of agricultural goods and other commodities.
Maritime
Container lines
Forwarding
Oberstar Introduces Ocean Carrier Antitrust Bill
R.G. Edmonson |
Rep. James L.
Transport, Trade, and Regulation News
Container lines
Forwarding
A.P. Moller-Maersk Secures $6.75 Billion Credit Facility
Bruce Barnard |
A.P. Moller-Maersk Thursday said it completed a five-year $6.75 billion syndicated revolving credit facility before an existing facility matures. <br /><br />
Maritime
Container lines
Forwarding
FMC Notes Progress in Antitrust Study
R.G. Edmonson |
The Federal Maritime Commission Bureau of Trade Analysis is preparing a list of questions for shippers, carriers and intermediaries in connection with its study of the effect of removing European carr
Transport, Trade, and Regulation News
Forwarding
Member Defends International P&I Group
Joseph Bonney |
The International Group of P&I Clubs, the subject of a European Commission antitrust investigation, is not a cartel, said the chief executive of a New York-based protection and indemnity club.
Maritime
Forwarding
APM Terminals Takes Over Brazilian Berth
Peter T. Leach |
APM Terminals, which owns and operates a terminal concession in the Brazilian Port of Itajai, will take over from the Itajai Port Authority the 895-foot Berth 2, which the Brazilian government reconst
Maritime
Forwarding
Container Volume Surges 10 Percent in India
JOC Staff |
Total volume of containers handled by state-owned major ports in India surged 10 percent in the first five months of fiscal 2010-11 ending Aug. 31, the Indian Ports Association said Wednesday.
Maritime
Forwarding
TUI OKs Hapag-Lloyd Refinancing
Bruce Barnard |
TUI's supervisory board approved a refinancing of its Hapag-Lloyd ocean carrier unit that clears the way for the German tourism group to quit the container shipping business. <br /><br />
Maritime
Container lines
Forwarding
Trans-Pacific Spot Rates Fall to Five-Month Low
Bill Mongelluzzo |
Spot freight rates in eastbound trans-Pacific trade lanes declined last week to their lowest point since May as carriers expand capacity faster than the growth in cargo volume. <br /> <br />
Maritime
Container lines
Forwarding
Retailer Group Stays Neutral on Carrier Antitrust Bill
JOC Staff |
The Retail Industry Leaders Association is remaining neutral “at this point in time” in a <a href="/government-regulation/lawmakers-draft-ocean-carrier-antitrust-immunity-bill"><u>congress
Transport, Trade, and Regulation News
Forwarding
SC Ports to Replace Operating System
Peter T. Leach |
The South Carolina State Ports Authority is investing $17.3 million in a new terminal operating system, enhancing cargo visibility and customer service. <br /><br />
Maritime
Forwarding
Greek Truck Strike Enters Second Week
Bruce Barnard |
The Greek parliament will vote on controversial plans to deregulate road transport Tuesday as a nationwide truck drivers' protest strike entered its second week. <br /><br />
Transport, Trade, and Regulation News
Trucking News
Forwarding
Port Nehru to Relent on Fees Accrued During Shutdown
JOC Staff |
India's Port of Jawaharlal Nehru (Nhava Sheva) said it will consider "justifiable" requests from users for waiver of charges accrued on the traffic affected by the recent port shutdown and restricted
Maritime
Forwarding
Maersk, MSC, CMA CGM Join Forces Against Piracy
Bruce Barnard |
The world's three largest ocean container carriers, Maersk Line, MSC and CMA CGM joined forces to fight piracy in the Gulf of Aden and the Indian Ocean. <br /><br />
Maritime
Container lines
Forwarding
“K” Line Listed in “Good Global” Investment Index
Peter T. Leach |
“K” Line once again won recognition as a member of the FTSE4Good Global Index, a listing of socially responsible companies that meet certain criteria for investment that include social, ethical and e
Maritime
Container lines
Forwarding
DHS Recommends Clear Goals for Importer Self Assessment
R.G. Edmonson |
Customs and Border Protection has not clearly defined the purpose of its Importer Self Assessment, the Department of Homeland Security’s Inspector General said on Monday. <br /><br />
Transport, Trade, and Regulation News
Forwarding
Tropical Shipping Acquires Virgin Island NVOCC
Peter T. Leach |
Tropical Shipping, a subsidiary of Birdsall, acquired V.I. Cargo Services, a non-vessel operating common carrier serving the island of St. Croix in the U.S.
Maritime
Container lines
Forwarding
Lawmakers Draft Ocean Carrier Antitrust Immunity Bill
R.G. Edmonson |
A draft bill by the House Transportation and Infrastructure Committee would severely control ocean carriers' actions in the marketplace. Its limits would abolish nearly all antitrust immunity.
Transport, Trade, and Regulation News
Container lines
Forwarding
Dockwise Plans Heavy Lift Vessel
Bruce Barnard |
Dockwise, the Netherlands-based heavy lift ship-owner, said its three largest shareholders pledged their support for a planned $100 million stock issue to finance the construction of a giant new heavy
Maritime
Forwarding
Charleston Boosts Heavy-Lift Capability
Peter T. Leach |
The barge-mounted Charleston Giant heavy-lift crane, already the largest floating crane in the Southeast, increased its certified load capacity from 450 short tons (900,000 pounds) to 500 short tons (
Maritime
Forwarding
Atlanta Boosts Georgia Ports’ Volume
Peter T. Leach |
Georgia’s port volume got a substantial boost from shippers in the five counties that make up metropolitan Atlanta in the last year. <br /><br />
Maritime
Forwarding
FMC Gets Aggressive
R.G. Edmonson |
The Federal Maritime Commission’s decision this summer to extend to the end of the peak shipping season its high-profile fact-finding investigation of container shipping capacity and equipment s
Transport, Trade, and Regulation News
Maritime
Forwarding
Intermodal’s Distribution of Power
Bill Mongelluzzo |
Shippers wondering if they can save money by transloading their imports from marine containers into domestic boxes should talk to Josh Owen.
Intermodal providers
Rail News
Forwarding
Box Lessors Building Profits
Joseph Bonney |
The stars have aligned for container lessors. Tight supplies and rising demand are pushing utilization rates to almost 100 percent and their prices and profits higher.<br /> <br />
Maritime
Container lines
Forwarding
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