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Forwarding
News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
Forwarding
News & Analysis
Report Says Warehouse Endangers Historic New Orleans
Janet Nodar |
Plans to build a cold storage warehouse for frozen poultry exports along the Mississippi River in New Orleans threaten the city's French Quarter as well as other historic neighborhoods, according to a
Maritime
Forwarding
Airlines Hungry for Perishables
Ian Putzger |
International ports
Air Cargo
Forwarding
Heating up Southbound
Alan M. Field |
<p class="MsoPlainText">U.S. reefer exports to Latin America total only about 10 percent of the volume of reefer exports to Asia. And only one reefer container goes southbound from the U.S.
Forwarding
Air Cargo
Ro-Ros for Clunkers
Peter T. Leach |
Chris Connor keeps close track of his customers’ moods because that’s the only way he can tell whether he’s going to be able to fill his car carriers, and he is starting to see their moods change.
Maritime
Forwarding
Internal Battle Threatens Early ILA Contract
Joseph Bonney |
The No.
Maritime
Forwarding
Beluga Shipping's Vessels Travel Northeast Passage
Janet Nodar |
Three Beluga vessels, Fraternity, Foresight and Family are now in transit or in port along Russia’s Arctic-facing northern shore, the fabled Northeast Passage.
Maritime
Forwarding
Maersk Loses $402 Million in Second Quarter
Bruce Barnard |
Maersk, the world's biggest ocean container carrier, swung to a $402 million second quarter loss from a year-earlier profit of $198 million as cargo volume and freight rates plunged deeply across its
Maritime
Container lines
Forwarding
Evergreen Hikes Far East Rates
JOC Staff |
Evergreen Line is adding the Far East and Indian Sub-Continent to Mediterranean Westbound Trades to its list of trade lanes to get a general rate increase as the peak season approaches and other ocean
Maritime
Container lines
Forwarding
India Approves Kandla Expansion
JOC Staff |
India’s Cabinet Committee on Infrastructure on Aug.
Maritime
Forwarding
NY-NJ Containers Fall 18.8 Percent
JOC Staff |
Containerized cargo traffic at the Port of New York and New Jersey fell 18.8 percent in June as an accelerating decline in exports offset slight improvement in imported business, the Port Authority sa
Maritime
Forwarding
Peak Season Imports to Fall Nearly 20 Percent
JOC Staff |
Container trade imports will fall 20 percent in August and September and another 18 percent in October, pushing overall retail imports for 2009 down to the lowest level since 2002, industry forecaster
Maritime
Forwarding
Deutsche Bahn Profit Falls 52.6 Percent
Bruce Barnard |
Deutsche Bahn, Germany's state-owned rail company, earned less than half the profit of a year ago due to "massive declines" in rail, ocean and air cargo volume.<br /> <br />
Rail News
Forwarding
Container Ship Orders Hit Four-Year Low
Bruce Barnard |
The container ship order book is down to its lowest point since 2005 as ocean carriers and charter ship owners impose a buying freeze in a bid to rein in capacity amid plunging freight rates and shrin
Maritime
Container lines
Forwarding
Trans-Pacific Spot Rate Climbs Another 5.5 Percent
Peter T. Leach |
Average spot rates for shipping a 40-foot container from Hong Kong to Los Angeles grew 5.5 percent in the week ending Aug.
Maritime
Container lines
Forwarding
Charleston Profit Falls 53 Percent
Peter T. Leach |
The global recession brought volume and earnings down significantly at the Port of Charleston. Profit plummeted 53 percent to $25.7 million for the fiscal year ending June 30.<br /> <br />
Maritime
Forwarding
Trade Slump Hurts West Coast Container Volume
Bill Mongelluzzo |
Container volumes at West Coast ports in July lagged far behind last year's numbers.<br /> <br />
Maritime
Forwarding
North American ports
Mumbai Port Cuts Box Charges
JOC Staff |
India’s Port of Mumbai agreed to extend concessions on empty container storage charges for a further period of one year ending September 2010 in response to appeals from port users and the trade
Maritime
Forwarding
Russia Arrests Eight for Hijacking Arctic Sea
Thomas L. Gallagher |
The Russian navy arrested eight men for hijacking the freighter Arctic Sea, the Associated Press reported.<br /> <br />
Maritime
Forwarding
Hamburg Box Traffic Plunges 28.7 Percent
Bruce Barnard |
Hamburg's container traffic plunged 28.7 percent in the first six months of 2009 from a year ago, much deeper than declines at close rivals Rotterdam and Antwerp amid collapsing box imports from its k
Maritime
Forwarding
Carriers Regaining Leverage
Bill Mongelluzzo |
Emboldened by improving vessel utilization under steep capacity cuts, carriers in the eastbound Pacific are warning cargo consolidators: If you don’t agree to pay higher freight rates, securing space
Maritime
Container lines
Forwarding
Cash or Carry
Peter T. Leach |
A.P.
Maritime
Container lines
Forwarding
Ocean Box Slump Strains Intermodal
John D. Boyd |
If North American intermodal shipping were only a domestic business, there would be plenty of reason to say things are bottoming out.
Rail News
Forwarding
Great Lakes Steel Inches Toward Recovery
Janet Nodar |
Last year’s gut-wrenching drop in global steel demand appears to be easing as rust-belt steel manufacturers gingerly begin restarting idled mills and recalling workers.
Transport, Trade, and Regulation News
Forwarding
CMA CGM Hikes India-Africa Rates
JOC Staff |
French carrier CMA CGM will implement a general rate increase for cargo moving on its services from India to destinations in West Africa, effective Sept. 1.<br /> <br />
Maritime
Container lines
Forwarding
Truckers Sign Up for Maersk Chassis
Joseph Bonney |
A leader in the New York-New Jersey port trucking community said he is among drayage operators who have signed up to rent Maersk Line chassis under the company’s new Direct ChassisLink program b
Maritime
Forwarding
Rickmers Maritime 2Q Profit Drops
Peter T. Leach |
Rickmers Maritime Trust, the Singapore-based containership owner and charterer, said its profit for the second quarter ended June 30 dropped 43 percent to $5.33 million from $9.2 million in the same q
Maritime
Container lines
Forwarding
Zim Los Angeles Makes First Seattle Call
Bill Mongelluzzo |
The 8,400-TEU container ship Zim Los Angeles made its first call at the Port of Seattle, demonstrating that ocean carriers see the Pacific Northwest as a viable gateway for mega-ships.<br /> <br />
Maritime
Container lines
Forwarding
Moller Replaces Andersen as Head of Maersk Oil
Peter T. Leach |
Thomas Thune Andersen, the chief executive of Maersk Oil and former president and CEO of Maersk in the U.S., will leave his position as CEO of Maersk Oil and partner of Firmaet A.P.
Maritime
Container lines
Forwarding
More Container Orders Go Online
Thomas L. Gallagher |
<div style="margin: 0in 0in 0pt">While the global recession was driving container shipping into a deep contraction in the first half of 2009, the way shippers placed their remaining orders underwent a
Maritime
Forwarding
Trans-Pacific Spot Rate Jumps 57 Percent
Peter T. Leach |
The index of average spot prices for shipping a 40-foot container from Hong Kong to Los Angeles jumped by 57.4 percent in the week ended Aug.
Maritime
Container lines
Forwarding
NYK Raises Trans-Atlantic Rates
Peter T. Leach |
NYK Line will implement a general rate increase for all dry and refrigerated containers to and from U.S. and Canadian ports to all port in Northern Europe as of Sept. 14.<br /> <br />
Maritime
Container lines
Forwarding
Ocean Traffic Dampens North American Intermodal
John D. Boyd |
Shipments of rail-truck intermodal cargoes across the United States and Canada are showing more signs of life, but are swamped by continued sharp declines for international shipments that are mainly o
Rail News
North-American rail
Forwarding
UK’s Teesport Completes Phase One of Expansion
Peter T. Leach |
PD Ports completed the first phase of expanding the container terminal handling facilities at Teesport on the UK’s northeast coast.<br /> <br />
Maritime
Forwarding
First Boxship Calls New Seattle Terminal
Peter T. Leach |
The first ship to call at the Port of Seattle's new Terminal 30 arrived on Saturday, the Port Authority said.<br /> <br />
Maritime
Container lines
Forwarding
Brazilian Ag Exports Push Santos Volume Up
Alan M. Field |
Despite the global economic recession, Santos, the largest port in Latin America, reported a throughput of 38.4 million tons in the first half, or 3 percent higher than in the same period of 2008.
Maritime
Forwarding
Three Carriers to Merge Two Loops
Peter T. Leach |
Hamburg Süd and its Brazilian affiliate Aliança plan to merge their Tango service with CSAV’s USAtlan service to reduce capacity on the trade lane between the U.S.
Maritime
Container lines
Forwarding
CMA CGM Joins Trans-Atlantic MSC Loop
Thomas L. Gallagher |
French carrier CMA CGM will join Mediterranean Shipping Company as a vessel operator in a trans-Atlantic loop at the end of September in an effort to match capacity to dwindling demand. <br />
Maritime
Container lines
Forwarding
Rickmers Establishes UK Liner Agency
Thomas L. Gallagher |
Breakbulk and heavylift specialist Rickmers-Linie in partnership with Escombe Lambert Holdings established a liner agency in the UK.<br /> <br />
Maritime
Forwarding
CMA CGM Hikes U.S. Rates
Thomas L. Gallagher |
CMA CGM Group will increase freight rates in the trans-Pacific and trans-Atlantic trades, effective Sept. 1, the company announced Monday.<br /> <br />
Maritime
Container lines
Forwarding
Bolloré to Operate African Terminal
Peter T. Leach |
Bolloré Africa Logistics said it won a 25-year concession to operate the container terminal under construction at the port of Cotonou in Benin.<br /> <br />
Maritime
Forwarding
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