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News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
Forwarding
News & Analysis
Hapag-Lloyd Suspends Calls at Costa Rica Port
JOC Staff |
Hapag-Lloyd has announced <a target="_blank" href="http://www.hapag-lloyd.com/en/news/news_page_26506.html"><u>a temporary suspension of its calls at Puerto Caldera, Costa Rica</u></a>, as part of its
Container lines
Forwarding
CMA CGM Reports $178 Million Profit
Bruce Barnard, Special Correspondent |
CMA CGM rebounded to a $178 million net profit in the second quarter from a $248 million net loss in the opening three months of the year driven by a “substantial “ upturn in freight rates
Container lines
Forwarding
APM Moves Into Russia With $860 Million Investment
Bruce Barnard, Special Correspondent |
APM Terminals has acquired a 37.5 percent stake in Russia’s Global Ports worth $860 million, making the port-operating arm of Denmark’s A.P.
Port News
Forwarding
India Container Traffic Rises 2.5 Percent
JOC Staff |
Container throughput at major ports in India grew about 2.5 percent year-over-year from April through August, according to preliminary figures released by the Indian Ports Association.<br /> <br />
Port News
Forwarding
Asia-Europe Outlook 'Challenging,' Maersk Exec Says
Mike King, Special Correspondent |
Trans-Pacific volumes are performing well but the outlook for Asia-Europe is at best “challenging,” according to one leading shipping executive.<br /> <br />
Container lines
Forwarding
Countdown to Crisis in ILA Ports
Joseph Bonney, Senior Editor |
International Longshoremen’s Association and management negotiators are running out of time to avert a threatened Maine-to-Texas dock strike that is forcing shippers to scramble for alternatives
Longshore labor
Maritime
Forwarding
Dole Signs Lease at Port of San Diego
JOC Staff |
San Diego’s Board of Port Commissioners voted unanimously to grant Dole Fresh Fruit a 24 1/2-year lease to import and export fresh fruit at the Tenth Avenue Marine Terminal.<br /> <br />
Cool Cargo News
Maritime
Forwarding
Reefer Container Market Runs Hot
Stephanie Nall |
The international cold chain received a significant investment in 2011 when a record number of refrigerated containers joined the global fleet, according to industry analyst Andrew Foxcroft.<br />
Cool Cargo News
Maritime
Forwarding
No Easy Answers For Shippers
Joseph Bonney and Bill Mongelluzzo |
Shippers planning for a possible East and Gulf Coast port shutdown next month must choose from a menu of unpalatable choices.<br /> <br />
Longshore labor
Maritime
Forwarding
A Scrambled Message on ‘Dumping’
Stephanie Nall |
The U.S. poultry industry got a mixed decision from Mexico after one government agency formally decided U.S.
Cool Cargo News
Forwarding
Transport, Trade, and Regulation News
China's Cold Rush
Stephanie Nall |
As China’s middle class expands and develops, so does the food marketing system and cold chain that deliver the more diverse commodities Chinese consumers crave.<br /> <br />
Cool Cargo News
Maritime
Trucking News
Forwarding
CMA CGM Extends Brazil Express Service
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CMA CGM will upgrade its fixed-day weekly service between the east coast of South America and the Caribbean, introducing the Brazilian ports of Manaus and Salvador de Bahia to the rotation.
Cool Cargo News
Maritime
Container lines
Forwarding
Drought Likely to Beef Up Meat Prices and Imports
Stephanie Nall |
The drought that stretched across much of the U.S. this summer decimated corn and soybean crops, with the U.S.
Cool Cargo News
Maritime
Forwarding
Terminal Operators' Lands of Opportunities
Peter T. Leach, Senior Editor |
There’s a reason they’re called “emerging markets.” Although markets such as India, Vietnam, Brazil and Russia offer the highest upside, it can take years — more than a d
Port News
Maritime
Forwarding
Yokohama Container Trade Slips 2 Percent
Hisane Masaki, Special Correspondent |
The Port of Yokohama in Japan saw its container trade with foreign countries decline 2.0 percent in the first half of this year from a year earlier to 1,369,627 20-foot-equivalent units, according to
Forwarding
Carriers ‘Winterize,’ Combining Two Pacific Services
Peter T. Leach, Senior Editor |
The Grand Alliance and Zim Integrated Container Services plan to merge two of their joint trans-Pacific services to the U.S.
Container lines
Forwarding
Trans-Pacific Rates Point to West Coast Capacity Crunch
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The threat of labor disruptions on the East Coast is fueling a disparity in the direction of spot freight rates for shipments from China to ports on the U.S. West and East Coasts.<br /> <br />
Forwarding
Container lines
Commentary: Going the Extra Mile on Pricing
Colin Barrett |
Q: I just read an article about a motor carrier’s owners getting sent to jail for stealing nearly $1 million from a shipper over a span of several years.
Trucking News
Forwarding
Electrolux Warns Carriers Against Excessive Surcharges
Mike King, Special Correspondent |
Shippers are warning ocean carriers to avoid the temptation of profiteering from any U.S. port shutdown by rolling cargo or implementing unjustifiable surcharges.<br /> <br />
Longshore labor
Container lines
Forwarding
Robert Sappio to Head Rickmers Americas
JOC Staff |
Global maritime and logistics company <a href="http://www.rickmers.com/"><u>Rickmers Group </u></a>named Robert Sappio, a former longtime executive at APL, president and CEO of Rickmers America as pre
Container lines
Forwarding
Shipping Rate, Surcharge Update for Week of Sept. 3-7
x |
<img width="10" height="10" src="/sites/default/files/images/JOCbullet(2).jpg" alt="" /> Singapore-based container carrier APL will impose a port congestion surcharge on trades from India to the U.S
Forwarding
Savannah Container Throughput Declined in July
Peter T. Leach, Senior Editor |
The volume of containers handled by the Port of Savannah dropped 4 percent in July year-over-year and was down 2.6 percent from June, according to the Georgia Ports Authority.<br /> <br />
Port News
Forwarding
North American ports
Two Retailers Prepare for ILA Strike Possibility
Mark Szakonyi, Associate Editor |
In a sign of the growing threat of a strike by the International Longshoremen’s Association at ports on the East and Gulf coasts, financial analysts asked two of the largest U.S.
Forwarding
Virginia to Invoke Non-Member Chassis Fee
Peter T. Leach, Senior Editor |
The Port of Virginia will start charging $10 per day for use of a chassis in its HRCPII chassis pool that is used to haul containers for ocean carriers that do not participate in the pool.<br />
Port News
Forwarding
Drayage
India Eases Cabotage Laws at Port of Cochin
JOC Online |
The Indian government Thursday approved relaxing its cabotage law to allow foreign-owned and -operated ships to move containerized cargo to and from the Vallarpadam International Container Transshipme
Forwarding
Antitrust Watchdog Raids Major Japanese Shipping Firms
Hisane Masaki and Bruce Barnard, Special Correspondents |
The Japan Fair Trade Commission raided the nation’s top three shipping companies — NYK Line, MOL and “K” Line — Thursday for allegedly violating the antitrust law in tran
Container lines
Forwarding
Asia-Europe Spot Rate Drops for Fifth Week
Peter T. Leach, Senior Editor |
Average Asia-Europe spot rates fell this week, the fifth consecutive week of decline, plunging 12 percent, or $350 per loaded 40-foot-unit container, as European demand was slowed by recession and ves
Forwarding
Container lines
Shippers Turning to Intermodal Rail to Cut Costs
Bill Mongelluzzo, Associate Editor |
Increasing trucking costs and a looming capacity crunch in the motor carrier industry are leading to a relentless shift of freight from over-the-road trucking to intermodal rail, according to transpor
Intermodal providers
Forwarding
ILA Negotiations to Resume
Joseph Bonney, Senior Editor |
The International Longshoremen’s Association and East and Gulf Coast waterfront employers agreed to a request from the Federal Mediation and Conciliation Service to resume stalled contract negot
Longshore labor
Container lines
Forwarding
Lessors Shift to Become No. 1 Buyers of Containers
Peter T. Leach, Senior Editor |
The leased container equipment fleet grew 10.6 percent in 2011, with most of the new supply ordered by equipment leasing companies rather than shipping lines, according to Drewry Maritime Research.<br
Container lines
Forwarding
ILA Negotiations: Where Are They Headed? (Podcast)
x |
The deadline for a contract agreement between the International Longshoremen's Association and the United States Maritime Alliance is less than a month away and talks between both sides have completel
Longshore labor
Container lines
Forwarding
FedEx Lowers Quarterly Earnings Forecast
William B. Cassidy, Senior Editor |
Fedex lowered its earnings outlook for the quarter ending Aug.
Air Cargo
LTL
Air Cargo Forwarder News
Air Cargo Carriers News
Forwarding
CMA CGM Launches Morocco-Europe Service
Bruce Barnard, Special Correspondent |
CMA CGM said its new service between Morocco and Europe will provide “tailor made” logistics solutions for the North African nation’s fruit and vegetable exporters and shorten voyage
Container lines
Forwarding
Wheeler and Swinson Resign From GPA
Peter T. Leach, Senior Editor |
Long-time port executives John Wheeler and Tom Swinson resigned from the Georgia Ports Authority on Tuesday, the GPA confirmed.<br /> <br />
Port News
Forwarding
North American ports
WTSA Carriers Plan Rate Increase
Joseph Bonney, Senior Editor |
Container shipping lines in the <u><a target="_blank" href="http://www.wtsacarriers.org">Westbound Transpacific Stabilization Agreement</a></u> have announced a recommended Oct.
Container lines
Forwarding
Carriers to Implement Surcharges If ILA Strikes
Joseph Bonney, Senior Editor |
Several container ship lines have announced congestion surcharges that will take effect if East or Gulf Coast ports are closed in connection with the International Longshoremen’s Association con
Container lines
Forwarding
Norwegian Car Carriers Narrows Loss
Bruce Barnard, Special Correspondent |
Norwegian Car Carriers narrowed its second quarter loss from a year ago and forecast a strong second half as the growing global demand for cars offset weak European sales.<br /> <br />
Forwarding
Carriers Accelerate Extra Slow-Steaming
Bruce Barnard, Special Correspondent |
Ocean carriers have increased total container capacity absorbed by sailing their ships at extra slow speeds by 30 percent since the beginning of the year, according to Alphaliner.<br /> <br />
Container lines
Forwarding
Hapag-Lloyd Expands Russia Express Service
JOC Staff |
Hapag-Lloyd is upgrading its Russia Express Service (REX) with an additional eastbound call at Gdynia, Poland, starting this month.<br /> <br />
Container lines
Forwarding
G6 Alliance Pulls One Asia-Europe Service
Bruce Barnard, Special Correspondent |
The G6 Alliance of European and Asian container carriers said it is temporarily suspending one of its Asia-Europe services because of “the forecast lack of improvements“ in the trade, in a
Container lines
Maritime
Forwarding
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