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News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
Forwarding
News & Analysis
New Report Says Europe Box Trade Fell 20 Percent
Peter T. Leach |
In its first-ever monthly newsletter this month, the European Liner Affairs Association said Europe's total containerized import volume fell 20.6 percent in the first five months of the year, part of
Maritime
Forwarding
Hanjin to Raise Atlantic Rates, Add Surcharge
Peter T. Leach |
Hanjin Shipping added its trans-Atlantic services to the growing parade of rate increases announced by ocean carriers, saying it will hike prices on the lanes Sept.
Maritime
Container lines
Forwarding
Vancouver Traffic Falls 15 Percent in First Half
Courtney Tower |
Container cargo traffic at Port Metro Vancouver, British Columbia, is down 15 percent for the first half of this year to 1.04 million 20-foot equivalent units, in a recession-induced slump in imports
Maritime
Forwarding
Yang Ming to Increase Asia-U.S. Rates
JOC Staff |
Yang Ming Line, joining the liner company parade to raise pricing, will implement a general rate increase for cargo moving on its services from Asia to the United States, effective Aug. 10. <br />
Maritime
Forwarding
Kuehne + Nagel Profit Slides 16.1 Percent
Bruce Barnard |
Kuehne + Nagel net profit fell 16.1 percent in the second quarter compared with a year ago as the global economic slowdown depressed ocean and air freight traffic.<br /> <br />
Maritime
Forwarding
Middle East Barrels Along
Janet Nodar |
Crisis? What crisis?
Maritime
Forwarding
Chemical Reaction
Janet Nodar |
Petrochemical and refinery projects in the Middle East are starting to pump again after backpedaling in the wake of last year’s oil price crash.
Maritime
Forwarding
Copper’s Sea of Change
Ina Cordle |
The slump in the U.S. housing and automobile markets is having a chilling effect on copper shipments at the nation’s ports as shippers from leading South American producers bypass the U.S.
Maritime
Forwarding
Iraq: Boomtown or Minefield?
Janet Nodar |
Where energy development blooms, project cargo will follow — but how long it will be before Iraq is a busy commercial heavy-lift destination is anyone’s guess, because of the country’s bitter politica
Maritime
Forwarding
Is Near-Sourcing Near?
Janet Nodar |
News about near-sourcing trends in shipping inevitably refers to the container trades. Little has been reported about near-sourcing in breakbulk, and perhaps more attention should be paid to it.
Maritime
Forwarding
Wind Power’s Long and Winding Road
Peter T. Leach |
Stephen Donchez feels the pain of drivers who get stuck behind one of his big rigs.
Maritime
Forwarding
European Ports Bet on Breakbulk
Janet Nodar |
Mighty Rotterdam, the world’s fourth-largest port, may dominate northern Europe’s ports, but it does not rule European breakbulk cargo. That distinction belongs to the neighboring Port of Antwerp.
Maritime
Forwarding
Demand Heats Up
Janet Nodar |
Energy consumption in the developed nations of the Organization for Economic Cooperation and Development is expected to grow about 15 percent through 2030 — but consumption in developing or non-OECD c
Maritime
Forwarding
Nuclear’s Greening Growth
Janet Nodar |
The idea of nuclear power being the only practical answer to the world’s growing need for clean air is gaining traction.
Maritime
Forwarding
G-8 Pledges to Reduce Greenhouse Gases
Janet Nodar |
The most important event for the project cargo business may have been this month’s meeting of the Group of 8 nations in L’Aquila, Italy.
Maritime
Forwarding
LA/LB Imports Slide 22 Percent
JOC Staff |
Containerized imports at the ports of Long Beach and Los Angeles fell 22.3 percent in June, the steepest combined decline at the nation’s largest port complex since March, according to figures r
Maritime
Forwarding
North American ports
Le Havre Box Traffic Falls 8 Percent
Bruce Barnard |
Container traffic at Le Havre fell eight percent in the first half of 2009 from a year ago, around half the rate of decline at its larger rivals Antwerp and Rotterdam.
Maritime
Forwarding
OOCL Christens Eighth Panamax Ship
Peter T. Leach |
OOCL today christened the eighth Panamax class vessel in its line of 16 4,500-TEU vessels that it has ordered from Samsung Heavy Industries. <br /> <br />
Maritime
Container lines
Forwarding
Japanese Ship Orders Drop Nearly 80 Percent
Hisane Masaki |
Japanese export ship orders during the first half of this year sank to the lowest level for a January-June period in 16 years, indicating a recovery in shipowners’ flagging demand for new vessels is n
Maritime
Forwarding
Great Lakes Cargo Falls 46.6 Percent
Courtney Tower |
The American fleet on the Great Lakes is having a very bad year, with a third of the vessels tied up and the remainder carrying 20.9 million tons of cargo for the first half, down 46.6 percent from th
Maritime
Forwarding
Hapag-Lloyd to Boost Trans-Atlantic Rates
JOC Staff |
Hapag-Lloyd announced it will raise its rates on the Trans-Atlantic in a series of steps that include an emergency bunker surcharge followed by a two-step general rate increase.
Maritime
Container lines
Forwarding
US Steel Exports Edge Up in May
Janet Nodar |
U.S.
Maritime
Forwarding
Port of Halifax Sees Increase in Traffic
JOC Staff |
After of months of a downward trend in container traffic through the Port of Halifax, some of the most recent statistics are showing a slight positive shift.
Maritime
Forwarding
Volumes Up for Second Month at Indian Ports
JOC Staff |
Volumes at India’s 12 major ports have seen growth for the second consecutive month, showing the early signs of a gradual recovery in the global economy.
Maritime
Forwarding
Hanjin to Join Suez Express Service
JOC Staff |
Hanjin Shipping will join APL's Suez Express Service, linking South Asia, the Middle East and the U.S. East Coast, beginning at the end of this month.
Maritime
Forwarding
Container lines
Imports Up But Lower Year-Over-Year
Bill Mongelluzzo |
Imports at the leading container ports increased 5 percent in May compared with April, but were down 20 percent compared with May 2008, continuing a trend that has been present in the U.S.
Maritime
Forwarding
Danaos Delays Delivery of Five Containerships
Bruce Barnard |
Containership owner Danaos, facing declining demand in the charter market, is delaying delivery of five 6,500 TEUs ships from a South Korean shipyard that have been chartered for 12 years to French oc
Maritime
Forwarding
Rotterdam Handles 15 Percent Fewer Boxes
Peter T. Leach |
The volume of container handled by the Port of Rotterdam fell by 15 percent in the first six months of 2009 to 4.6 million TEUs, but the Port of Rotterdam Authority said July 15 it believes the downtu
Maritime
Forwarding
Truckers Criticize Maersk Plans
Joe Bonney |
New York-New Jersey port truckers said they support the concept of chassis pools, but aren't happy with Maersk's planned Direct ChassisLink program, and won't support it without changes.
Maritime
Trucking News
Forwarding
Singapore Box Traffic Down 17 Percent
JOC Staff |
Singapore's container terminals handled nearly 2.1 million TEUs in June, down 17 percent from the same month last year, but only fractionally below May levels, according to preliminary estimates by th
Maritime
Forwarding
Idle Box Fleet Heading for 2 Million TEUs
Bruce Barnard |
Idled container ship capacity is heading for more than 2 million TEUs by the end of the year, as shrinking global box traffic amid accelerating deliveries of new ships swells the glut of tonnage.
Maritime
Forwarding
Container Traffic in India Falls
JOC Staff |
Container traffic handled by major ports in India fell 8.4 percent in the April-June period, the first quarter of fiscal 2009-10, amid signs of improvement in overall traffic movements.
Maritime
Container lines
Forwarding
Crowley Ships Ballet Props to Cuba
Peter T. Leach |
Crowley Maritime delivered the Royal Ballet’s sets, scenery, costumes, lighting equipment and props to Cuba last week for the ballet troupe’s performances in Havana July 14-18.
Maritime
Forwarding
Israeli Shipping Line Gets First Mega-Ship
JOC Team |
Zim Integrated Shipping Services is sailing against prevailing business winds by adding capacity to its fleet. <br /> <br />
Maritime
Container lines
Forwarding
Ro-Ro's Slow Go
David Biederman |
Automobile and roll-on, roll-off traffic between the U.S. and the Middle East is in slow recovery mode after falling hard and fast. <br /> <br />
Maritime
Forwarding
U.S.-Flag Carriers Exercise Military Might
By R.G. Edmonson |
Do tanks fly?
Maritime
Forwarding
Transport, Trade, and Regulation News
Recession's Strange Bedfellows
Bill Mongelluzzo |
When Maersk Line officials this year looked at the service requirements of their trans-Pacific customers, they came to a shocking conclusion: “Even we couldn’t get the scale we wanted on o
Forwarding
Maritime
Ocean Carriers' '$20 Billion Black Hole'
By Peter T. Leach |
The proverbial “green shoots” that some analysts detect in recent economic indicators are not appearing in the global container shipping industry.
Forwarding
Northern Lights in South America
Alan M. Field |
From 2004 through 2008, U.S. exports to Brazil, Colombia, Chile and Argentina — South America’s four largest economies— more than doubled. While U.S.
Forwarding
Hapag-Lloyd to Get $1 Billion in Aid from Owners
Bruce Barnard |
Hapag-Lloyd, the world’s fifth largest container carrier, will get approximately $1 billion in financial support from its owners as it seeks additional aid from the German government and lenders
Maritime
Container lines
Forwarding
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