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The latest
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News & Analysis
Freight Growth Rates ‘Can’t Persist,’ Economist Warns
William B. Cassidy |
The freight surge of 2010 is nearing its end, an economic forecaster says.
Transport, Trade and Regulation News
Trucking News
Forwarding
Striking LA-LB Port Workers Expand Pickets, Withdraw Offer
Bill Mongelluzzo |
Tensions increased in the strike by office clerical workers at the Los Angeles and Long Beach ports on Friday as the union picketed a third employer and withdrew its previous wage and benefits proposa
Maritime
Forwarding
North American ports
CMA CGM Extends Black Pearl Service to South America
Peter T. Leach |
CMA CGM said it will extend its Black Pearl Service between ports on the East Coast of North America and the Caribbean to two new ports in Northern South America as of July 16.
Maritime
Container lines
Forwarding
OOCL Hikes Southeast Asia-Australia Freight Rates
Bill Mongelluzzo |
Orient Overseas Container Line effective Aug. 1 will increase its freight rates by $250 per TEU on shipments from Southeast Asia to Australia.
Maritime
Container lines
Forwarding
OOCL to Impose Montreal Low Water Surcharge
Peter T. Leach |
OOCL said Friday that it will put a surcharge on all cargo moving through the Port of Montreal as of July 19 because “reduced water depth negatively affects the loadable capacity of each sailing
Maritime
Container lines
Forwarding
Hanjin Moves to Resolve Container Dispute
Peter T. Leach |
Hanjin Shipping is moving to identify and isolate the 5,900 containers it leases from container lessor Unitas to protect its customers against any disruption from its legal dispute with Sumitomo Mitsu
Maritime
Container lines
Forwarding
Indian Container Traffic Surges 17 Percent
JOC Staff |
Container traffic at major ports in India for the first quarter of fiscal 2010-11 increased by an impressive 17 percent over the same period last year, according to the latest traffic data released by
Maritime
Forwarding
Maersk Postpones Asia-Europe Peak Surcharge
Peter T. Leach |
Maersk Line confirmed that it is postponing by two weeks the implementation of the increase in the peak season surcharge on Asia-Europe cargo that it announced on June 15.
Maritime
Container lines
Forwarding
CMA CGM, APM Swap Terminal Stakes
Bruce Barnard |
French ocean carrier CMA CGM and APM Terminals, the Danish port operating company, traded stakes in container terminals in Dunkirk, France, and Mobile, Ala.
Maritime
Container lines
Forwarding
Hapag-Lloyd Hikes India-Australia Freight Rates
JOC Staff |
Hapag-Lloyd will seek a general freight rate increase on all cargo moving on its services from the Indian subcontinent to Australia.
Maritime
Container lines
Forwarding
Building a Head of Steam
Joseph Bonney |
Fiscal reforms, strong commodity exports and a growing role in global markets have made South America more resilient to economic shocks like the 2008-09 recession, and set the stage for recovery in tr
Maritime
Forwarding
Container Growth Projected to Slow Down
Joseph Bonney |
Imports through the busiest U.S.
Maritime
Forwarding
CMA CGM to Stop Providing Chassis in US
Peter T. Leach |
CMA CGM plans to gradually phase out providing chassis to truckers at terminals throughout the United States on a schedule starting on the East Coast in October and ending on the West Coast in March o
Maritime
Container lines
Forwarding
DHL Launches India-Los Angeles LCL Service
JOC Staff |
DHL launched direct less-than-container-load services connecting India’s largest container port of Nhava Sheva (Jawaharlal Nehru) to Los Angeles.
Maritime
Container lines
Forwarding
LA-Long Beach Longshoremen Handle Cargo
Bill Mongelluzzo |
Cargo-handling operations at the ports of Los Angeles and Long Beach were normal on Thursday as the waterfront arbitrator began taking testimony in a formal hearing on the validity of a strike by offi
Maritime
Forwarding
North American ports
CSAV Adds Asia-South Africa Route
Joseph Bonney |
Chilean carrier CSAV will launch a weekly container ship service at the end of July to connect north and central China with South Africa.
Maritime
Container lines
Forwarding
Three Carriers Add Congestion Charge at Nehru Port
JOC Staff |
Three major ocean carriers covering the trade to and from India plan to impose an emergency congestion surcharge on all import containers handled at the Port of Nhava Sheva (Jawaharlal Nehru), the cou
Maritime
Container lines
Forwarding
A.P. Moller-Maersk Hikes 2010 Profit Forecast
Bruce Barnard |
A.P. Moller-Maersk raised its 2010 profit forecast, saying in a statement July 8 that an improvement at its ocean container carrier Maersk Line has been "greater than envisaged."
Maritime
Container lines
Forwarding
LA-LB Port Strike Talks Deteriorate
Bill Mongelluzzo |
Negotiations between striking office workers and terminal operators at the Los Angeles-Long Beach ports deteriorated at the end of the first week of the walkout, with the union refusing to budge on it
Maritime
Forwarding
North American ports
Jaxport Harbor Completes Deepening Project
Peter T. Leach |
The third phase of the project to deepen the St. Johns River harbor into Jacksonville is now complete ahead of schedule, the Jacksonville Port Authority said Wednesday.
Maritime
Forwarding
West Coast Container Volume Grew 14 Percent
Bill Mongelluzzo |
Container volume moving through West Coast ports increased 14 percent in the first five months of the year.
Maritime
Forwarding
Maher Takes Stake in Melford Terminal
Peter T. Leach |
Maher Terminals is taking an unspecified stake in a long-planned container terminal Melford International Terminal hopes to build in Nova Scotia.
Maritime
Forwarding
North-American rail
Asia-Europe Ocean Container Volume Surges
Bruce Barnard |
Container shipments from Asia to Europe surged 21 percent in May from a year ago, but eastbound traffic declined for the first time in 2010, according to the latest industry figures.
Maritime
Forwarding
CMA CGM Hikes Rates Across Network
Bruce Barnard |
CMA CGM July 7 announced a series of rate hikes across its global liner network and confirmed a peak season surcharge on the Asia-North Europe route.
Maritime
Container lines
Forwarding
Drewry Warns of Weaker Container Recovery
Peter T. Leach |
The severe backlog of container shipments delayed by the lack of vessel space is hiding the fact that peak season demand may be less than forecast, according to Drewry Shipping Consultants’ late
Maritime
Forwarding
TUI Hikes Hapag-Lloyd Profit Forecast
Bruce Barnard |
TUI AG expects its 43.3 percent stake in Germany's biggest ocean carrier Hapag-Lloyd to generate higher profit than initially forecast due to a "notable" recovery in global container shippin
Maritime
Container lines
Forwarding
OOCL Appoints New Senior Managers
JOC Staff |
OOCL on Tuesday named three senior managers to new positions as of Aug. 1.
Maritime
Container lines
Forwarding
SCI Hikes India-Europe Rates
JOC Staff |
The Shipping Corporation of India will apply a new general rate increase on cargo moving on its Indian subcontinent-Europe Service (ISES), effective July 11.
Maritime
Container lines
Forwarding
Far East-US Container Traffic Hit Record in June
Bruce Barnard |
A shipping consultant estimated ocean container shipments from Asia to the U.S. at 1.23 million 20-foot equivalent units in June, a 32 percent increase on a year ago driven by Chinese exports.
Maritime
Forwarding
LA-LB Clerical Strike Talks Fail Over Holiday Weekend
Bill Mongelluzzo |
Negotiations through the Fourth of July weekend failed to win an agreement between striking office clerical workers and the employer’s association representing 14 marine terminals and shipping l
Maritime
Forwarding
North American ports
Container Shipping Rates to Hit Pre-Downturn Levels, Maersk Says
Bruce Barnard |
Ocean shipping container freight rates likely will return to levels reached before the global economic recession by the end of this year, according to Maersk Line.
Maritime
Container lines
Forwarding
Shipping Lines Warn UK on Crew Pay
Bruce Barnard |
Major shipping companies are warning the British government they may re-register vessels abroad due to new rules in the UK on pay for foreign workers.
Maritime
Container lines
Forwarding
LA-Long Beach Talks Yield Little Progress
Bill Mongelluzzo |
Negotiators for striking office clerical workers in Los Angeles-Long Beach and their employers bargained all day Saturday but made little progress toward a new contract.
Maritime
Container lines
Forwarding
North American ports
Trucking labor
Congressional Trust?
R.G. Edmonson |
The idea of abolishing ocean carriers’ antitrust immunity is riding a new wave in Congress as the outcry over tight capacity and equipment shortages in a stronger-than-expected recovery sustains
Transport, Trade and Regulation News
Maritime
Container lines
Forwarding
Faster Lanes, Still in Low Gear
Peter T. Leach |
When U.S.
Maritime
Forwarding
Bigger Bite of The Apple
Peter T. Leach |
The Port Authority of New York and New Jersey is taking three big steps to prepare for the massive ships port officials expect to start sailing through the Panama Canal after its expansion is complete
Maritime
Container lines
Forwarding
Dimensions of Time
Bill Mongelluzzo |
U.S. importers wondering what is behind the unprecedented shortage of containers in Asia should consider how long the average container is tied up in the transportation move.
Maritime
Forwarding
Rolling Toward Recovery
Bruce Barnard |
When Norway’s Wilh.
Maritime
Forwarding
Terminals Scramble to Beat the Peak
Bill Mongelluzzo and William B. Cassidy |
Wyatt Transfer, a drayage operator that serves the Virginia ports, has a problem most harbor trucking companies would have loved to have had last year: more business calls coming in than the company m
Maritime
Trucking News
Container lines
Forwarding
First Talks Set in LA-LB Port Strike
Bill Mongelluzzo |
Negotiators for striking office clerical workers at the Los Angeles and Long Beach ports and the attorney representing their employers set negotiations for Friday night in hopes of ending the walkout.
Maritime
Container lines
Forwarding
North American ports
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