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News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
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News & Analysis
ILWU Clerical Workers, Employers Resume Talks
Bill Mongelluzzo, Associate Editor |
Waterfront employers and office clerical workers in Southern California softened the tone of their rhetoric Tuesday and agreed to resume contract negotiations at 10 a.m. Pacific time.<br /> <br />
Port News
Maritime
Forwarding
‘K’ Line Trims Loss, Forecasts Profit
Joseph Bonney, Senior Editor |
Japanese carrier “K” Line narrowed its losses in its April-June first quarter and said <a href="http://www.kline.co.jp/en/ir/policy/message.html" target="_blank"><u>it expects rising rates
Container lines
Forwarding
NYK Expects Profit on Containers for Year
Joseph Bonney, Senior Editor |
NYK said <a href="http://www.nyk.com/english/release/dbps_data/_material_/NYKCOM_ENGLISH/FiscalStatement1Q2012.pdf" target="_blank"><u>its first quarter losses on container shipping narrowed</u></a>,
Container lines
Forwarding
MOL Narrows Losses, Raises Forecast
Joseph Bonney, Senior Editor |
Japanese carrier MOL narrowed its loss for its March-June quarter and said <a href="http://www.mol.co.jp/pr-e/2012/e-pr_1237.html" target="_blank"><u>it expects improved container shipping results to
Container lines
Forwarding
More Container Ships Face Long-Term Unemployment
Bruce Barnard, Special Correspondent |
Increasing numbers of container ships are facing long-term unemployment amid bleak job prospects in a bearish charter market, according to Alphaliner.<br /> <br />
Forwarding
Scandlines Exits European Short Sea Freight Market
Bruce Barnard, Special Correspondent |
Scandlines completed its exit from Northern Europe’s short sea freight market with the sale of a Baltic Sea route and three vessels to Swedish Orient Line. <br /> <br />
Container lines
Forwarding
Danaos Back in the Black
Bruce Barnard, Special Correspondent |
Greek shipowner Danaos returned to the black in the second quarter, booking net income of $8.97 million, compared with a year earlier loss of $231,000, as it cut ship operating costs and added 10 vess
Container lines
Forwarding
ILWU Clerical Workers, Employers Break Off Talks
Bill Mongelluzzo, Associate Editor |
Contract negotiations between <a target="_blank" href="http://www.joc.com/labor/its-heating-west-too"><u>office clerical workers</u></a> and the attorney representing waterfront employers in Los Angel
Port News
Maritime
Forwarding
Former Maersk Chief to Lead Carrix
JOC Staff |
Knud Stubkjaer, a former senior executive with Maersk Line and German shipowner E.R. Schiffahrt, has been named CEO of Carrix, the parent of Seattle-based SSA Marine and Tideworks Technology.
Port News
Forwarding
Japan to Extend Punitive Tariffs Against US
Hisane Masaki, Special Correspondent |
Japan has decided to extend, for another year, punitive tariffs on tapered roller bearings imported from the U.S. in retaliation against a U.S.
Transport, Trade, and Regulation News
Forwarding
Clock Ticks on ILA Talks
Joseph Bonney, Senior Editor |
They’re not there yet, but the International Longshoremen’s Association and United States Maritime Alliance are reporting progress on a new master contract for East and Gulf Coast dockwork
Longshore labor
Maritime
Forwarding
Groups Criticize Obama Over Food Safety Delays
x |
Food importers won a reprieve from setting up verification programs for foreign suppliers, a delay that has angered consumer and food safety groups.<br /> <br />
Cool Cargo News
Rail News
Forwarding
US Beef Producers' Mixed Grill
Stephanie Nall |
The U.S.
Cool Cargo News
Maritime
Forwarding
Dredging Projects Fast-Tracked in the East
Peter T. Leach, Editor-at-Large |
From his office window in the New York Container Terminal, Jim Devine can see the rigs blasting rock at the bottom of the Arthur Kill, deepening the channel leading to the terminal’s berths to 5
Port News
Maritime
Forwarding
Port infrastructure
International ports
Jacksonville Builds Its Case As Southeast Hub
Peter T. Leach, Senior Editor |
It’s taken three years, but the opening of MOL’s TraPac international container terminal is turning the Port of Jacksonville into a growing import gateway and distribution center for retai
Port News
Maritime
Forwarding
The New Dust Bowl Threatens Exports in US
Bill Mongelluzzo, Associate Editor |
With freight rates in the westbound trans-Pacific already under pressure, the great drought of 2012 comes at the worst possible time for shipping lines that carry U.S. exports to Asia.<br /> <br />
Forwarding
Maritime
Labor Issues Heating Up in the West, Too
Bill Mongelluzzo, Associate Editor |
While the International Longshoremen’s Association and United States Maritime Alliance churn the wake on the East and Gulf coasts, all should be calm on the West Coast.
Longshore labor
Maritime
Forwarding
On the Hill: Maritime Support Missed in Translation
Mark Szakonyi, Associate Editor |
The maritime industry is no longer the oft-ignored stepchild in Washington, but increased pats on the head from Congress and President Obama have yet to translate to significant raises in allowance.<b
Transport, Trade, and Regulation News
Maritime
Trucking News
Rail News
Forwarding
Shipping Rate, Surcharge Update for Week of July 23-27
JOC Staff |
Maersk Line will raise its rates on services from the Indian subcontinent to the U.S. and Canada, starting Aug. 15.<br /> <br />
Forwarding
Container lines
Eurozone Crisis Brings Turbulence to Trans-Atlantic
Bruce Barnard, Special Correspondent |
Just when it looked like nothing could stop the U.S.
Forwarding
Maritime
Container lines
Air Cargo Carriers News
MSC Wears the Crown in US-Europe Trade
JOC Team |
It was a clean sweep for Mediterranean Shipping Co. in the U.S. global containerized trade moving to and from European ports in the 12 months to March 31.
Container lines
Maritime
Forwarding
Cargo Volume Growth Slows for China's Ports
Mike King, Special Correspondent |
China’s ports saw growth slow in the first half of the year as European import demand softened. <br /> <br />
Port News
Forwarding
Asia-Europe Spot Rates Slip Again
Peter T. Leach, Senior Editor |
Spot rates in the Asia-Europe trade weakened again this week — the third consecutive week of decline — despite carrier attempts to trim surplus capacity that is eroding recent general rate
Forwarding
Container lines
Steel Imports Dipped 4.2 Percent in June
Joseph Bonney, Senior Editor |
U.S. steel imports declined 4.2 percent in June, the first year-over-year decline in 2012, as demand softened and buyers slowed their inventory building.<br /> <br />
Forwarding
Container Volumes Rise at Port of Tacoma
Bill Mongelluzzo, Associate Editor |
June was a strong month at the Port of Tacoma, with <a href="http://www.portoftacoma.com/Page.aspx?nid=155 " target="_blank"><u>container volumes increasing almost 10 percent</u></a> compared to June
Port News
Forwarding
Barcelona’s Container Volume Dropped 20 Percent in First Half of 2012
Peter T. Leach, Senior Editor |
The volume of containers handled by the Port of Barcelona declined by 20 percent in the first six months of the year from the same period last year, primarily because of a 49 percent drop in transship
Port News
Forwarding
MSC to Raise Rates from US to Australia, New Zealand
Peter T. Leach, Senior Editor |
Mediterranean Shipping Co. notified its customers that it will implement a general rate increase on all cargo moving from the U.S. to Australia and New Zealand next month.<br /> <br />
Container lines
Forwarding
Liner Discipline Holding, But New Capacity Threat Looms
Mike King, Special Correspondent |
The maintenance of capacity discipline is enabling container lines to enforce most of the rate hikes introduced since March, claims one leading Asia-based analyst. <br /> <br />
Forwarding
Maersk to Upgrade Rumba Service
JOC Staff |
Maersk Line is upgrading the port rotation of its Rumba Service between South America, the Mediterranean, the Middle East and India.<br /> <br />
Container lines
Forwarding
Ocean Carriers Recovering, Jefferies Says
Peter T. Leach |
Container lines are likely to move into the black in the second quarter of this year and expand their profits in the third quarter as freight rates improve, according to Jefferies. <br /> <br />
Container lines
Forwarding
Global Trade Traffic in the Peak Shipping Season
Dana L. Brundage |
The peak shipping season is quickly approaching, and carriers and shippers are expecting, and hoping, that the second half of 2012 will be more profitable than the first. <br /> <br />
Forwarding
LTL
Marseilles Container Volume Grows 14 Percent
Peter T. Leach, Senior Editor |
The volume of containers handled by the Port of Marseilles Fos grew 14 percent in the first half year year-over-year, while the twin ports’ overall tonnage fell because of shrinking oil volume.<
Port News
Forwarding
Abu Dhabi’s Khalifa Port Receives First Container Ship Call
Mike King, Special Correspondent |
Abu Dhabi’s Khalifa Port has received its first container vessel call.<br /> <br />
Port News
Forwarding
Container Imports Rose 2.9 Percent in Second Quarter
Joseph Bonney, Senior Editor |
U.S. containerized imports rose 2.9 percent in the second quarter, led by year-over-year increases in furniture, auto parts, bananas and electronics, PIERS data show.<br /> <br />
Forwarding
Savannah’s 2012 Container Volume Up 1.9 Percent
Peter T. Leach, Senior Editor |
The volume of containers handled by the Port of Savannah during fiscal 2011 ended June 30 grew by a relatively meager 1.9 percent year-over-year due to what the Georgia Ports Authority called the &ldq
Port News
Maritime
Forwarding
Japanese Ship Orders Fall 8.5 Percent
Hisane Masaki, Special Correspondent |
Japanese export ship orders fell 8.5 percent in June from a year earlier to 499,370 gross tons, according to figures released by the Japan Ship Exporters’ Association.<br /> <br />
Forwarding
Maritime
MSC to Impose Low Sulfur Surcharge on US Imports
Peter T. Leach, Senior Editor |
Mediterranean Shipping Co. will impose a new low sulfur surcharge on import shipments at all U.S. ports on the East, West and Gulf Coasts.<br /> <br />
Container lines
Maritime
Forwarding
Maersk to Hike India-West Africa Rates
JOC Staff |
Maersk Line will seek a general rate increase on its services from India to West Africa, starting Sept. 1.<br /> <br />
Forwarding
Maritime
Container lines
Ocean Carriers Flex Their Pricing Power
Bill Mongelluzzo, Associate Editor |
It’s not supposed to work like this. When cargo volumes soften, consumer confidence wanes and vessel capacity increases, ocean carriers don’t raise their freight rates.
Container lines
Maritime
Forwarding
Yildirim Says Time Is Right to Invest in Shipping
Peter T. Leach, Senior Editor |
Is this the time to invest in the maritime business? Yildirim Group thinks so.<br />
Forwarding
Maritime
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