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News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
Forwarding
News & Analysis
Record Container Ship Deliveries Expected in 2013
Mike King, Special Correspondent |
Forwarding
Maritime
Asia-Europe Rate War Unlikely, NOL Chief Says
Mark Szakonyi, Executive Editor |
NOL Group President and CEO Ng Yat Chung doesn’t expect a rate war on the Asia-Europe trade lane, largely because carrier alliances are removing capacity and carriers realize “increased competition in a shrinking market isn’t a recipe for prosperity.”
Forwarding
Maritime
Container lines
World Shipping Council Names New Brussels Representative
JOC Staff |
The World Shipping Council today named Damian Viccars as its newest Brussels Representative...
Forwarding
Japan’s Container Trade Forecast to Rise 2.2 Percent
Hisane Masaki, International Correspondent |
Forwarding
Kuehne + Nagel Profit Rises on Higher Ocean, Air Freight Volumes
JOC Staff |
Logistics Technology News
Forwarding
Weak Air Freight Volumes Squash Panalpina Earnings
JOC Staff |
Panalpina Group’s air freight volumes are expected to be weak in the third quarter of 2012, negatively impacting the company’s preliminary earnings...
Logistics Technology News
Air Cargo
Forwarding
Virginia’s September Container Volume Marks Continued Growth
JOC Staff |
The Port of Virginia handled 182,318 20-foot-equivalent units in September, up 11 percent compared with September 2011 and the port’s eighth consecutive month of growth...
North American ports
Forwarding
Direct ChassisLink Joins CCM Pools in Chicago and Gulf
JOC Staff |
Direct ChassisLink, Inc. will become a participant and chassis contributor to Consolidated Chassis Management, LLC’s Chicago and Ohio Valley Consolidated Chassis Pool and Gulf Consolidated Chassis Pool...
Drayage
Forwarding
Seaway Cargo Shipments Remain Steady
JOC Staff |
Year-to-date cargo shipments were 25.1 million metric tons from March 22 to Sept. 30, basically flat compared with the same period in 2011, reported the St. Lawrence Seaway today.
Forwarding
North American ports
Record Tonnage for Panama Canal
JOC Staff |
The Panama Canal reached record tonnage of 333.7 million Panama Canal tons during fiscal year 2012, which ended Sept. 30.
International ports
Forwarding
Maersk to Ask Vitol If Tanker Transported Embargoed Iran Oil
JOC Staff |
A.P. Moller Maersk will ask energy trading company Vitol regarding its use of the Maersk Producer.
Forwarding
Shipping Rate, Surcharge Update for Week of Oct. 1-5
JOC Staff |
<img width="10" height="10" src="/sites/default/files/images/JOCbullet(2).jpg" alt="" /> Maersk Line plans to hike its rates on westbound trade from the Indian subcontinent to North Europe, start
Forwarding
New Chassis Solution at Port of Virginia
Peter T. Leach, Editor-at-Large |
Joe Ruddy had a big problem.
Port News
Maritime
Trucking News
Forwarding
Marine terminals
E-commerce Growth Fueling Expansions in Distribution Real Estate
Mark Szakonyi, Executive Editor |
E-commerce distribution is expanding at the speed of broadband, giving a jolt to the broader industrial space market that is picking up but still growing closer to the pace of modem dial-up. <br />
Transport, Trade, and Regulation News
Forwarding
Industrial Real Estate News
US Grains Council Sees Strong Chinese Corn Crop
JOC Staff |
The U.S. Grains Council is predicting a strong Chinese corn crop, driven by higher yields and an increase in planted acreage.
Transport, Trade, and Regulation News
Forwarding
G6 Alliance to Launch Germany-Gothenburg Feeder Service
JOC Staff |
The G6 Alliance of European and Asian container carriers will start <a href="http://www.apl.com/press_releases/html/press_release_20121005.html" target="_blank"><u>a feeder shuttle between two German
Container lines
Forwarding
Yildirim Acquires Control of Turkey's Gemport
Bruce Barnard, Special Correspondent |
Turkey’s Yildirim Holding has acquired a 54 percent stake in Gemport, a container terminal on the southeast coast of the Marmara Sea near the capital, Istanbul.<br /> <br />
Port News
Forwarding
West Coast Container Ports Eke Out Gains
Bill Mongelluzzo, Senior Editor |
Container volumes at West Coast ports inched up in August, with imports increasing slightly and exports decreasing a bit. <br /> <br />
Port News
Forwarding
North American ports
US-Panama FTA Expected to Take Effect in November
Mark Szakonyi, Executive Editor |
WASHINGTON D.C.— The U.S.-Panama free trade agreement likely will take effect in November, with the signature of President Ricardo Martinelli being one of the last steps to implementing the long-delayed pact.
Transport, Trade, and Regulation News
Maritime
Forwarding
International ports
ILA, NYSA Discuss Local Contract
Joseph Bonney, Senior Editor |
Representatives of the International Longshoremen’s and the New York Shipping Association have opened negotiations on a contract covering issues including work rules and pay practices in the Por
Longshore labor
Forwarding
Pirates Plunder Salvage Equipment Headed for Rena Wreck
JOC Staff |
Without being detected, pirates recently plundered NZ$20,000 (about US$16,387) of specialized salvage equipment that had been on board the barge RNG280 as it sailed through the Strait of Malacca on it
Container lines
Forwarding
CMA CGM May Sell 6 Percent Stake
Bruce Barnard, Special Correspondent |
CMA CGM is in advanced negotiations for a $150 million cash injection by France’s state investment fund in return for a 6 percent stake in the French ocean container carrier, according to media
Container lines
Forwarding
Maritime
Matson, Pacer Execs Receive Connie Awards
Bill Mongelluzzo, Senior Editor |
The Containerization and Intermodal Institute presented its 2012 West Coast Connie Awards to Matthew J. Cox, president and CEO of Matson Inc., and Donald C.
Forwarding
Ag Shipper Plans $120 Million Vancouver Expansion
JOC Staff |
Richardson International Ltd. plans to tap growing agriculture export markets by spending about $120 million to expand its port terminal facility in Vancouver.<br /> <br />
Forwarding
Maritime
Rail News
North-American rail
Virginia Expands Container-on-Barge Service
JOC Staff |
A third weekly sailing is being added to the 64
Container lines
Forwarding
US Food Exporters Finding Growing Market in China
Peter T. Leach, Editor-at-Large |
Although China’s growth has slowed from double-digits down to the high single-digit range, the growth of food consumption is showing no signs of slackening.<br /> <br />
Transport, Trade, and Regulation News
Forwarding
Intermodal providers
Cool Cargo News
Alphaliner: Capacity Cut Vital to Achieve November Rate Hikes
Bruce Barnard, Special Correspondent |
Ocean carriers must cut capacity on the Far East-Europe route by a further 30,000 20-foot-equivalent units over the next two months to shore up planned rate hikes in November, according to industry an
Container lines
Forwarding
Rotterdam Cool Port Plan Unveiled
Bruce Barnard, Special Correspondent |
Europe Container Terminals, Rotterdam’s biggest container handler, is joining forces with the port authority and Dutch logistics group Kloosterboer to develop a pan-European intermodal hub for t
Port News
Forwarding
Cool Cargo News
American Firm Tapped to Modernize Iraq’s Maqal Port
JOC Staff |
North America Western Asia Holdings on Oct.
Port News
Forwarding
Rena Wreck Compensation May Exceed $22.9 Million
JOC Staff |
Daina Shipping Company, a subsidiary of Greece-based Costamare, reached a financial settlement with New Zealand’s government today regarding <a href="http://www.joc.com/container-shipping/timeli
Forwarding
Singapore Port Planning for Capacity of 50 Million TEUs
Mike King, Special Correspondent |
The port of Singapore’s container facilities will benefit from an investment of S$3.5 billion (US$2.85 billion) over the next decade as PSA Singapore Terminals continues to boost capacity.
Port News
Forwarding
Osaka’s Container Trade Dips 3.5 Percent
Hisane Masaki, Special Correspondent |
The number of foreign trade containers handled by the Port of Osaka in western Japan fell 3.5 percent in the first half of this year from a year earlier to about 1 million twenty-foot-equivalent units
Forwarding
EU to Release Shipping Emissions Reduction Plan Next Year
JOC Staff |
The European Union early next year will unveil a system aimed at reducing greenhouse emissions in the ocean shipping industry because efforts to curb pollution on the seas aren’t moving fast eno
Forwarding
Transport, Trade, and Regulation News
US Puts SE Asia Trade Arena Front and Center
Alan M. Field |
When U.S.
Maritime
Forwarding
Carriers' Pricing Discipline Paying Off
Bill Mongelluzzo, Associate Editor |
Ocean carriers in the Asia-to-U.S. trade lane, it seems, finally get it.
Maritime
Forwarding
China Beefing Up Container Rail Services
Mark Szakonyi, Executive Editor |
Although China’s passenger rail services dwarf those of the United States, its container rail connections dramatically lag its North American rival.
Intermodal providers
Forwarding
Diversions Tax West Coast Terminal Gate Operations
Bill Mongelluzzo, Senior Editor |
The long-awaited surge in diverted cargo from East Coast ports to the West Coast finally arrived in September, but the harbor trucking industry in Southern California can’t decide if it's a blessing or a curse.
Trucking News
Forwarding
Drayage
Railroads Keep Up With the Rush
Bill Mongelluzzo, Senior Editor |
The western railroads provide the vital intermodal link between the West Coast and the eastern half of the country for containerized imports from Asia, and they appear to be taking in stride the cargo
Rail News
Maritime
Forwarding
Asia's Economies Flourish Despite Turmoil Elsewhere
Mike King, Special Correspondent |
At least one logistics manager at a major consumer goods supplier has little concern about the weak export demand from Asia’s mature countries and the continent’s resilience to the economi
Transport, Trade, and Regulation News
Maritime
Forwarding
ILA Contract Extension a 90-Day Pain Reliever
Joseph Bonney, Senior Editor |
Shippers are relieved that a 90-day contract extension averted a threatened International Longshoremen’s Association strike at the height of the retail peak season.
Longshore labor
Maritime
Forwarding
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