Forwarding

Zim Integrated Shipping Services, suffering a steep drop in demand in its container shipping business, reported a $208 million loss in the third quarter on Thursday, more than triple the loss from las

Exporters and other interested parties have an additional month to tell Customs and Border Protection what they think about a controversial change in drawback regulations.

Matson announced a rate increase for its Hawaii service and for its Guam and Micronesia services. The company is also hiking terminal handling charges.

The members of the CKYH Alliance announced Wednesday that they will adopt their winter season schedule on the trade between Asia and North America starting at the end of November.

CMA CGM on Tuesday announced changes in the port rotations of its two trans-Atlantic Liberty Bridge services and its St.

CMA CGM will increase its piracy risk surcharge for transporting containers through the Gulf of Aden next month, the French carrier said Tuesday.

Two German container shipowners that had previously requested aid from the German state have withdrawn their applications, the Financial Times reported Tuesday.

The National Retail Federation and IHS Global Insight said Monday that major U.S. ports would soon see their first year-over-year growth in nearly three years.

Production of crude steel, a key breakbulk cargo, in the 66 countries that report to the World Steel Association increased 3 percent from September to October, or to 112,177 million metric tons from 1

OOCL christened the 11th ship in its series of 16 Panamax vessels with a capacity of 4,500 20-foot equivalent units each. Samsung Heavy Industries is building the ships.

China ‘Steeling’ the Market

When project cargo such as wind energy components is sourced in Asia and bound for the U.S. Midwest, it would make sense to discharge it on the West Coast, right?

Breakbulk carriers have been learning about piracy the hard way: hands on.

Chinese investment in African infrastructure is rising, fueling increased trade, particularly breakbulk cargo, between China and Africa and opening new doors for forwarders and carriers.

From where Marc Schweiger sits, mining will be the next big thing in Africa.

While energy-related heavy-lift equipment is the dominant cargo moving into West and Central Africa, the mix is becoming more diversified. So are the carriers.

Old and new Africa hands know the potential pitfalls of doing business in the sub-Sahara, with the exception of South Africa, are myriad.

The global economy may be crawling ahead at a snail’s pace, but for many U.S.

Africa’s 53 countries are typically grouped into five regions, according to the African Development Bank:

Where will the world’s next quantum leap in development occur? What region has the most potential, and the most work to be done?

Nick Halper, director of export at Paper Tigers, is a happy U.S. exporter right now. Wastepaper shipments to Asia are fairly strong.

If this were a boxing match, the bout would be stopped for excessive bleeding.But it’s not, and for the liner operators issuing their latest round of financial reports, the suffering will contin

Seven months after the dramatic Navy rescue of Capt.

Capt.

The good news about Importer Security Filings, says Customs’ Richard DiNucci, is that more importers are filing all the time and the filings are getting more accurate.

In just over three months, U.S. Customs and Border Protection will begin enforcing the Importer Security Filing, or 10+2 rule, but for many shippers, the deadline may have already passed.

Logistics provider Damco is starting a less-than-container-load service from the United States to Latin America, the company said Monday.

The Surface Transportation Board approved an equipment-pooling plan at the Ports of Los Angeles and Long Beach for a group of motor carriers operating in the Clean Truck Coalition.

Ports America won a contract to operate Baltimore’s Seagirt Marine Terminal under a 50-year lease that commits the company to build a container berth with 50-foot water depth.

HSH Nordbank, the world’s biggest ship financier, doubled loss provisions at its shipping unit to nearly $1.5 billion in the first nine months of the year.

Three cranes and a unique barge haul system arrived at Mobile yesterday on the Zhen Hua 25, a heavy-lift ship designed to carry fully assembled cranes and other breakbulk and project cargo components,

CMA CGM is seeking $300 million to $400 million from outside investors to restore its finances as it faces a heavy bill for containership orders, said Jacques Saade, chairman of the French ocean carri

Hanjin Shipping on Friday joined Maersk Line, Evergreen, Mediterranean Shipping Co.

The Antwerp Port Authority today announced that it will during 2010 freeze most port dues at 2008 levels, keep concession fees and some port dues at 2009 levels, and further reduce dues for the transs

Three private investment groups are considering investing in CMA CGM, potentially bringing a needed cash infusion into the world’s third-largest container line, according to Bloomberg News.

OOCL will increase some freight rates in December, the company announced Thursday, Nov. 19.

Container traffic at major ports in India fell 6 percent in the April-October period, the first seven months of fiscal 2009-10, despite a 3.6-percent increase in overall tonnage.

Commissioners at the Port of Houston voted yesterday to increase the port’s tariff by 3 percent for containers and 2 percent for breakbulk and project cargo despite the protests of carriers and

A successful trade preference program must be stable and predictable over a long term, the chief supply officer for Levi Strauss & Co. told the House Ways and Means Trade Subcommittee on Tuesday.

The Federal Motor Carrier Safety Administration will expand its “roadability” rule for intermodal chassis, clearing the way for industry efforts to launch a global registry for intermodal