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The latest
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News & Analysis
Europe Shifts Into First Gear
Bruce Barnard |
The European roll-on, roll-off industry is putting the brakes on a yearlong slide in cargo volumes and rates that stirred speculation of imminent bankruptcies.
Maritime
Forwarding
Box Imports Rising Slowly
Thomas L. Gallagher |
Import cargo volume at the nation’s major retail container ports is rising slowly, according to the monthly Port Tracker report released Thursday by the National Retail Federation and IHS Global
Maritime
Forwarding
Japan's Trade Surplus Balloons Six-Fold
Hisane Masaki |
Japan's trade surplus expanded nearly six-fold in September from a year earlier to the highest level in 18 months, according to preliminary figures released by the Finance Ministry on Thursday.
Transport, Trade and Regulation News
Forwarding
Antwerp Box Traffic Falls 18.4 Percent
Bruce Barnard |
Container traffic in Antwerp fell 18.4 percent in the first nine months of the year from the same period in 2008, a significantly faster rate of decline than at its close rival Rotterdam.
Maritime
Forwarding
Steel Exports Grew in August
Thomas L. Gallagher |
Exports of steel from the United States increased in August by 13.1 percent over July, according to a report from the American Institute for International Steel.
Transport, Trade and Regulation News
Forwarding
Ocean Carrier Sector Faces 'Structural' Change
JOC Staff |
SHENZHEN, CHINA -- The president of container line APL said despite recent growth in volume and rates, the ocean carrier industry faces far-reaching structural change unless shipping demand turns upwa
Maritime
Container lines
Forwarding
Morgan Executive Sees ‘Firm Recovery’ in China
JOC Staff |
SHENZHEN, CHINA -- The head of J.P.
Maritime
Forwarding
Maersk Alabama Crew to Get AOTOS Award
Peter T. Leach |
The officers and crew of the Maersk Alabama, who fought off a pirate attack earlier this year, will be presented with an Honored Seafarers plaque at the 40th annual United Seamen's Service Admiral of
Maritime
Container lines
Forwarding
New York's Bloomberg Backs Employee Mandate for Port Drivers
Bill Mongelluzzo |
The mayors of New York and Newark, N.J., surprised the trucking industry – as well as the bi-state port authority – by announcing on Sunday their support for a clean-trucks program that wo
Maritime
Forwarding
Corpus Christi Revives Terminal Project
Peter T. Leach |
The Port of Corpus Christi’s long-delayed plan to build a container terminal on a 1,100-acre tract of land called the La Quinta Trade Gateway is being resuscitated as part of a multi-phase, mixed-use
Port News
Container lines
Forwarding
US Shippers Look North and South
Joseph Bonney |
Hallmark Cards once used the Los Angeles and Long Beach ports for virtually all its imports into the United States.
Maritime
Rail News
Forwarding
Somali Pirates Seize Container Ship
JOC Staff |
Pirates in the Indian Ocean hijacked a Singapore-flag container ship some 300 nautical miles north of the Seychelles, signaling a resurgence in attacks on ships using trade lanes near the coast of Som
Maritime
Container lines
Forwarding
ADM Acquires Five Bulk Ships
John D. Boyd |
Grain industry firm Archer Daniels Midland acquired five oceangoing dry-bulk ships of varying sizes to haul “all types of grain, grain products and bulk commodities to and from ports in Europe,
Maritime
Forwarding
Global Economy Adjusting (Breakbulk Transpo 2009)
Joseph Bonney |
The economy is stabilizing but will take time to adjust to a "less spendthrift" consumer, and a rebound in U.S.
Transport, Trade and Regulation News
Forwarding
Maersk Line Invests in Breakbulk
Thomas L. Gallagher |
Maersk Line, the world’s largest ocean container carrier, is expanding its service in the breakbulk and out-of-gauge equipment market.
Maritime
Container lines
Forwarding
Hyundai Takes First Container Ship Order in a Year
Bruce Barnard |
In a market that has been utterly stagnant, a Middle East oil tanker operator signed the first container ship order anywhere in the world since October 2008.
Maritime
Forwarding
Steel Exports Outpace Imports for U.S.
Peter T. Leach |
NEW ORLEANS -- Buoyed by a weak dollar and recovering demand among emerging markets, U.S.
Maritime
Forwarding
Ocean Charter Rates Hit New Lows
Bruce Barnard |
Containership charter rates are testing fresh lows, and hire periods are shrinking rapidly as ocean carriers rein in leased box capacity in a bid to narrow the huge supply/demand gap.
Maritime
Container lines
Forwarding
From Breakbulk Transpo 2009
Peter T. Leach |
Breakbulk Transportation Conference & Exhibition, New Orleans, Oct.
Maritime
Forwarding
Seaway Demand Plunged 35 Percent
Courtney Tower |
Demand on the St. Lawrence Seaway-Great Lakes system fell off a whopping 35.3 percent to 19.3 million metric tons of cargo for the season to date through Sept. 30.
Maritime
Forwarding
Schneider Exec Sees Growth Coming
Bill Mongelluzzo |
Surface transportation should show modest growth through 2010 and then take off strongly in 2011 with double-digit growth in volume, a Schneider Logistics executive said Tuesday.
Transport, Trade and Regulation News
Forwarding
LTL
Truck brokers
North-American rail
Evergreen, CMA CGM Announce New Rate Hikes
Thomas L. Gallagher |
Evergreen Line and CMA CGM will implement rate increases in the Europe, Mediterranean trades to and from the Far East and Indian sub-continent.
Maritime
Container lines
Forwarding
Box Trade Moves toward Recovery
Thomas L. Gallagher |
Recession ravaged one economy after another in 2009, fulfilling earlier dire predictions for the global container industry, said Drewry Shipping Consultants in their latest Market Review & Forecas
Maritime
Forwarding
Wallenius Adds China Capacity
Bruce Barnard |
Wallenius Wilhelmsen Logistics boosted the frequency of its Japan-Korea-China roll-on, roll-off shipping service, citing a "resurgence" of trade among the three countries.
Maritime
Forwarding
Rails, Ports Go to China to Market West Coast
Bill Mongelluzzo |
Executives of the Union Pacific and BNSF railroads will join representatives of the six major West Coast container ports to promote the ports as an efficient and environmentally-friendly gateway for A
Maritime
Forwarding
North-American rail
Customs Pledges Automation Program Will Arrive
Bill Mongelluzzo |
Customs and Border Protection’s advanced computer system for processing documentation is taking longer to develop and will cost more than anticipated, but completing development of the Automated
Transport, Trade and Regulation News
Forwarding
Asia-Europe Box Volume Decline Slows
Bruce Barnard |
The year long decline in container traffic on the key Asia-Europe trade slowed in August as rising European exports partially compensated for lower shipments from the Far East.
Maritime
Forwarding
Antwerp Welcomes Dutch Dredging Decision
Bruce Barnard |
The port of Antwerp gave a qualified welcome to the Dutch government's decision to deepen the river Scheldt, the port’s access to the North Sea.
Maritime
Forwarding
Tire Marketer Picks Charleston, S.C. for DC
Thomas L. Gallagher |
A joint venture between the Rockefeller Group and MeadWestvaco will develop a 1.1 million square foot distribution center at the Port of Charleston, S.C., for auto tire marketer TBC.
Maritime
Forwarding
Atlantic Rising
Peter T. Leach |
Like their brethren in the trans-Pacific, trans-Atlantic container lines have eliminated or combined so many of their services in the last three months that vessel capacity has tightened to the point
Forwarding
Looking Past the Peak
Bill Mongelluzzo |
For importers buying from Asia and the ocean, intermodal rail and motor carriers transporting their goods to U.S. destinations, this is as busy as it’s going to get this year.
Container lines
Forwarding
Boxes Pile up in Strike-Bound Piraeus
Bruce Barnard |
Thousands of containers sat unmoved Oct.
Maritime
Forwarding
Seaway Tonnage Slumps
Janet Nodar |
Cargo tonnage sagged in September on the St. Lawrence Seaway, according to numbers released Thursday by the Seaway’s U.S. and Canadian administrations.
Maritime
Forwarding
Semi-submersible Vessel Loads Lift Boats at Freeport
Janet Nodar |
Four Hercules lift boats bound for Nigeria were loaded aboard the Cosco Kang Sheng Kou, a 512-foot semi-submersible, last week at the Port of Freeport, Texas.
Maritime
Forwarding
Gal-Tex Pilot Commission Schedules Hearings
Janet Nodar |
The Galveston-Texas City Pilots’ latest rate adjustment request will be addressed by the pilot commission beginning on Monday, Oct. 12.
Maritime
Forwarding
New Rail Yard Closer to Reality at Port of Beaumont
Janet Nodar |
The city of Beaumont, Texas should see a marked improvement in downtown traffic congestion thanks to the Port of Beaumont’s $10.5 million rail improvement project, now being reviewed by the stat
Maritime
Forwarding
North-American rail
India Containers Fall 6 Percent in First Half
JOC Staff |
Container throughput at major ports in India fell 6.32 percent during the first half of fiscal 2009-10 ending Sept.
Maritime
Forwarding
MOL Adding Europe-Asia Peak Surcharge
Peter T. Leach |
MOL said Thursday it will apply a peak-season surcharge on bills of lading for all shipments from Europe and the Mediterranean to Asia.
Maritime
Container lines
Forwarding
MSC Adds Export Pick-up Fee
JOC Staff |
Mediterranean Shipping Company will charge a container fee for export equipment picked up at some Midwest depots as well as other locations in the United States effective Nov. 1.
Maritime
Container lines
Forwarding
Ship Managers, Suppliers Call for Transparency
Thomas L. Gallagher |
The organizations representing ship managers and ship suppliers called upon ship owners to discuss cash flow problems openly as the global slowdown has made many slow to pay.
Maritime
Container lines
Forwarding
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