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maritime
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forwarding
Forwarding
News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
Forwarding
News & Analysis
Evergreen Boosts Europe-Asia Rates
Peter T. Leach |
Evergreen Lines said it will apply its general rate restoration program to eastbound shipments starting Oct.
Maritime
Container lines
Forwarding
U.S. Steel Imports Plunge 13.8 Percent
Alan M. Field |
Total U.S. imports of steel declined 13.8 percent to 854,000 tons in August compared with 991,000 tons in July, based on preliminary reporting.
Transport, Trade, and Regulation News
Forwarding
OOCL Bumps Rates Up
Thomas L. Gallagher |
Hong Kong-based Orient Overseas Container Line on Sept. 22 announced another in a series of “rate restorations.” <br /> <br />
Maritime
Container lines
Forwarding
Maersk Line’s Kolding to Address 2010 TPM
Peter T. Leach |
Eivind Kolding, the CEO of Maersk Line, will deliver the keynote speech at The Journal of Commerce’s 2010 Trans-Pacific Maritime Conference in Long Beach on March 1, the JoC Conferences Division
Maritime
Container lines
Forwarding
Babcock & Brown Infrastructure Eyes Rival Rescue Offers
Bruce Barnard |
Babcock & Brown Infrastructure, the heavily indebted parent of leading bulk/break-bulk stevedore Euroports, is weighing two rival rescue offers.<br /> <br />
Maritime
Forwarding
Global Crude Steel Production Slowly Increasing
Janet Nodar |
Global crude steel production reached 106.5 million metric tons in August, 5.5 percent lower than August of 2008, according to the Brussels-based World Steel Association.
Transport, Trade, and Regulation News
Forwarding
OOCL Hikes China-Australia Rates
JOC Staff |
OOCL took the container liner industry's "rate restoration" drive to China-Australia trade lanes, announcing increases on shipments from Hong Kong, Macau and South China to Australia.
Maritime
Container lines
Forwarding
Jade Weser Opens Tenders for Port Services
Bruce Barnard |
Jade Weser Port started the tender process for companies seeking to establish operations at Germany's only non-tidal deep water container port.<br /> <br />
Maritime
Forwarding
Wal-Mart Packaging Push Saved $3.5 Million
JOC Staff |
A senior Wal-Mart executive said Monday a drive to cut packaging on toys saved the retailer some $3.5 million in transportation costs last Christmas, a major gain to the bottom line the company won fr
Transport, Trade, and Regulation News
Forwarding
Marseilles-Fos Box Volumes Climbed This Year
Peter T. Leach |
Container throughput at the port of Marseilles/Fos in the first eight months of the year through August increased by 4 percent to 583,779 20-foot containers from the same period last year, the French
Maritime
Forwarding
Evergreen Seeks U.S.-Europe Rate Increases
JOC Staff |
Evergreen Line said it has filed rate increases with the Federal Maritime Commission on all shipments moving from Puerto Rico to Europe, whether moving from or via the U.S.
Maritime
Container lines
Forwarding
Project Cargo’s Lagging Impact
Janet Nodar |
Forwarding
ThyssenKrupp Goes Mobile
|
<p class="MsoPlainText">Project cargo is mushrooming at the Port of Mobile, the majority of it bound for the stainless and carbon steel mill ThyssenKrupp is building a few miles north.</p>
Forwarding
Downturn Shreds European Forest Products
Bruce Barnard |
Forwarding
Lumbering Logistics Grows
Bruce Barnard |
Forwarding
Reaching the basement
Paul Rosynsky |
Forwarding
Clawing From a Very Deep Hole
Alan M. Field |
Forwarding
Trains Deliver the Wind
John D. Boyd |
Forwarding
Iowa Cornfield Sprouts Wind Towers
John Boyd |
<p class="MsoPlainText">In a windy cornfield of north-central Iowa, the nation’s largest wind tower staging facility is about to get a lot bigger, building on what has been a fast-growing busine
Forwarding
Rail News
Beluga Cracks the Ice
Janet Nodar |
Forwarding
Chinese Holiday Signals Early End to Peak
Bill Mongelluzzo |
In virtually any other year, a weeklong shutdown of Chinese factories at the height of the peak shipping season would put U.S. importers in panic mode.
Forwarding
4th-Quarter Comeback for Carriers?
Joseph Bonney |
Container lines can’t wait for this year’s fourth quarter. Even if an economic recovery isn’t under way by then, carriers will at least have more favorable year-to-year comparisons on trade volumes.
Forwarding
Here They Come
Joseph Bonney |
They can wish, can’t they? Many container line executives would love to wave a magic wand and — poof!
Maritime
Forwarding
Where the Heavy-Lifters Meet
Peter T. Leach |
<p class="MsoPlainText">The container lines have the Box Club, where their CEOs can meet to discuss matters of common concern.
Forwarding
COSCO Adds Peak Surcharge
Bill Mongelluzzo |
China Ocean Shipping Co. announced a peak season surcharge of $400 per 40-foot container and $320 per 20-foot container on all cargo moving from the Far East and Indian subcontinent to the U.S.
Maritime
Container lines
Forwarding
Administration Officials Recommend Ocean Policy
Thomas L. Gallagher |
Officials of the Obama administration’s Interagency Ocean Policy Task Force released their interim report for a 30-day public review and comment period.
Transport, Trade, and Regulation News
Forwarding
Citi Links Up with GT Nexus
Alan M. Field |
Citi's Global Transaction Services, a business unit of the global financial services company, and GT Nexus, the global trade and logistics portal, announced a strategic partnership that will deliver e
Transport, Trade, and Regulation News
Forwarding
Container Import Slowdown Eases
Peter T. Leach |
Import cargo volume at the nation's major retail container ports is now expected to drop to a total 12.5 million 20-foot containers for all of 2009, according to the monthly Port Tracker report releas
Maritime
Forwarding
Marchand to Step Down as Georgia Ports Chief
Peter T. Leach |
Doug J. Marchand, the long-time executive director of the Georgia Ports Authority, announced at Thursday’s State of the Port Address that he will step down Jan. 1, 2010.
Maritime
Forwarding
CMA CGM Boosts Europe-Subcontinent Rates
Peter T. Leach |
CMA CGM expanded its “rate restoration” program Thursday, announcing new price increases on shipping between Europe and India and Pakistan. <br /> <br />
Maritime
Container lines
Forwarding
LA, Long Beach Volumes Grew In August
Bill Mongelluzzo |
Cargo volumes at the ports of Los Angeles and Long Beach in August increased over the previous month as the nation's two largest ports prepared for what is expected to be a short peak shipping season.
Maritime
Forwarding
North American ports
Universal Africa Signed with Bechtel
Janet Nodar |
UAL-SA, the South African subsidiary of Universal Africa Line, will carry 65,000 metric tons of bagged cement from Cape Town to Soyo, Angola for the construction of a liquefied natural gas plant, the
Maritime
Forwarding
Western Australia Approves Natural Gas Project
Janet Nodar |
The government of Western Australia approved Chevron’s Australian subsidiary to develop Gorgon, a gigantic offshore natural gas project.
Maritime
Forwarding
Trans-Pacific Ocean Rates Jump 10 Percent
Peter T. Leach |
The average spot rate jumped 10.3 percent this week for shipping a 40-foot container from Hong Kong to Los Angeles, according to Drewry Shipping Consultants weekly survey of spot market prices paid by
Maritime
Container lines
Forwarding
CSX Intermodal Builds in Ohio Valley
Bill Mongelluzzo |
Distribution centers and manufacturing plants in the Ohio Valley will soon have two new intermodal options for moving their cargo to and from Asia.<br /> <br />
Rail News
North-American rail
Forwarding
Marad Asks, Bulker or Liner?
R.G. Edmonson |
Marad says the time has come to separate the liners from the bulkers.<br /> <br />
Maritime
Container lines
Forwarding
World Box Fleet Growth Slows to 7.3 Percent
Bruce Barnard |
The growth in the world container ship fleet will slow this year to the lowest rate this decade as ocean carriers defer deliveries of new vessels and boost scrapping of older tonnage to record levels.
Maritime
Container lines
Forwarding
Asia-Europe Box Traffic Drops Less Sharply
Bruce Barnard |
The year long decline in Asia-Europe container traffic has slowed significantly, in a major boost for carriers attempting to push through higher ocean freight rates on the world's biggest liner trade.
Maritime
Forwarding
MISC Berhad to Upgrade Halal Service
JOC Staff |
MISC Berhad will upgrade its Halal Express Service linking the Far East, Southeast Asia, the Indian Subcontinent and the Middle East, effective later this month.<br /> <br />
Maritime
Forwarding
NOL Revenue Plummets on Lower Volume
Thomas L. Gallagher |
As container volume fell through August, average revenue plummeted even further for Neptune Orient Lines. <br /> <br />
Maritime
Container lines
Forwarding
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