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News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
Forwarding
News & Analysis
Kobe Container Trade Rose 3.9 Percent in 2011
Hisane Masaki, Special Correspondent |
The number of foreign trade containers handled by the Port of Kobe in western Japan rose 3.9 percent in 2011 from a year earlier to about 2.1 million 20-foot-equivalent units (TEUs).<br /> <br />
Port News
Forwarding
Container, Breakbulk Volumes Surge at Tacoma
Bill Mongelluzzo, Associate Editor |
Containerized imports through the Port of Tacoma surged 14.6 percent and exports jumped 10.4 percent year-over-year in March, as Pacific Northwest port recovered from a weak February. <br />
Port News
Forwarding
Trans-Pacific Spot Rates Jump 20 Percent
Joseph Bonney/Senior Editor |
Trans-Pacific spot rates jumped 19.9 percent this week, according to the Drewry Hong Kong-Los Angeles Container Rate Benchmark, an indication that carriers’ April 15 rate increases are sticking.
Forwarding
FMC Seeks Public Comments on NVO Service Agreement Changes
Joseph Bonney, Senior Editor |
The Federal Maritime Commission is seeking public comment on possible changes to <a target="_blank" href="http://www.fmc.gov/assets/1/Documents/Docket_No_12_05_NOI_PDF.pdf"><u>NVOCC service arrangemen
Forwarding
Maritime
Transport, Trade, and Regulation News
Virginia Container Volume Up 4.4 Percent
Joseph Bonney, Senior Editor |
The Port of Virginia handled 166,719 twenty-foot-equivalent units of containers in March, an increase of 4.4 percent from a year earlier.
Port News
Forwarding
North American ports
Retailers Press USTR on Footwear Tariffs
Bill Mongelluzzo/West Coast Editor |
The Retail Industry Leaders Association urged U.S.
Forwarding
Indexed Freight Contracts on the Rise
Peter T. Leach, Senior Editor |
In the current volatile freight rate environment on the major east-west trade lanes, shippers and carriers are slowly beginning to negotiate long-term contracts linked to various rate indices, but the
Forwarding
Container lines
Containerized Exports Jumped 9.6 Percent in February
Joseph Bonney, Senior Editor |
U.S. containerized exports in February rose 9.6 percent from a year earlier, driven by strong gains in paper and paperboard, building materials and refrigerated goods, PIERS data show.<br /> <br />
Forwarding
Rotterdam Box Traffic Slips 4 Percent
Bruce Barnard, Special Correspondent |
Rotterdam’s container traffic declined 4 percent in the first quarter of 2012 from a year earlier to 2.8 million 20-foot equivalent units as fewer Asian imports were shipped to Europe’s bi
International ports
Forwarding
Drewry, CargoSmart to Launch New Container Metrics
Bruce Barnard/Special Correspondent |
Drewry Research and CargoSmart are joining forces to publish a wider range of key performance indicators aimed at helping importers and exporters to benchmark their ocean carriers’ service level
Forwarding
Container lines
Hapag-Lloyd to Raise East Asia Rates
Bruce Barnard, Special Correspondent |
Hapag-Lloyd will impose a new round of general rate increases on its East Asia services, starting May 15.<br /> <br />
Forwarding
Puerto Rico Shippers Sue Sea Star, Crowley
Joseph Bonney/Senior Editor |
More than three dozen customers of Sea Star Line and Crowley Liner services have filed a triple-damage antitrust lawsuit against the carriers, their parent companies and a former company official.
Forwarding
Container lines
LA-LB Container Volumes Climb
Bill Mongelluzzo, Associate Editor |
Container volumes at the ports of Los Angeles and Long Beach bounced back strongly in March following <a href="http://www.joc.com/portsterminals/long-beach-container-volume-declines"><u>a weak Februar
Port News
Forwarding
North American ports
TT Club Income Hit by Record Catastrophic Claims
Peter T. Leach, Senior Editor |
The TT Club, a mutual insurer of transport and logistics risk, reported a 90.6 percent drop in net income on Monday to $1.2 million last year from $12.8 million in 2010 (which included income from pri
Forwarding
Maritime
Ocean Carriers Ready Further Rate Hikes
Bruce Barnard, Special Correspondent |
Ocean carriers are preparing a fresh round of rate hikes on the Asia-Europe trade, taking advantage of stronger-than-expected cargo growth and a resilient spot market to move out of the red.<br />
Container lines
Forwarding
Abu Dhabi Terminals Volume Rose 47 Percent in 2011
Mike King, Special Correspondent |
Abu Dhabi Terminals saw volume rise 47 percent year-over-year in 2011, reaching 767,713 20-foot equivalent units.<br /> <br />
Port News
Forwarding
Evergreen Orders 10 Mega-Ships
Joseph Bonney, Senior Editor |
Evergreen Line said it will charter 10 ships with capacities of 13,800 20-foot equivalent units. <br /> <br />
Container lines
Forwarding
Agriculture Trade a 'Risky Business'
Stephanie Nall |
Analysts and economists at the U.S. Department of Agriculture are full of good news about sales prospects for U.S. farm goods.<br /> <br />
Cool Cargo News
Forwarding
Trade Blocks Often Protectionist in Nature
Stephanie Nall |
Bilateral negotiations to end agricultural trade disputes failed with 46 nations, the European Union, the Gulf Cooperation Council and the South African Development Community, according to a new repor
Cool Cargo News
Forwarding
Transport, Trade, and Regulation News
US Food Safety Regulations Come at a Price
Stephanie Nall |
First came the Facebook posts that got shared and reshared. Within a few days, “pink slime” was a trending topic on Twitter. <br /> <br />
Cool Cargo News
Forwarding
Transport, Trade, and Regulation News
Wilmington, Del., Sets Cargo Records
x |
The Port of Wilmington, Del., handled 5,084,478 tons of cargo last year, up 26 percent from 2010, and achieved the highest general cargo tonnage throughput since the port’s 1995 acquisition by t
Cool Cargo News
Maritime
Forwarding
US Agricultural Foods Whet Chinese Appetites
Stephanie Nall |
China’s consumers spent $962.8 billion in grocery stores last year, pushing the country to the world’s top spot in grocery store spending.
Cool Cargo News
Maritime
Forwarding
US Auto Production Revving Up Exports
Peter T. Leach, Senior Editor |
Saratoga Honda’s parking lot is full of new cars, a sharp contrast to last summer, when the auto dealer’s supply chain was severed twice, first by the tsunami in Japan and later by floods
Forwarding
Maritime
US Exporters Hope for Bigger Piece of Korea's Market
Stephanie Nall |
A month after the U.S.-South Korea free trade agreement took effect, U.S. pork producers, cattle ranchers and fresh fruit and vegetable growers are ecstatic. <br /> <br />
Cool Cargo News
Maritime
Forwarding
Food Exporters Note PierPass Flaws
Stephanie Nall |
Refrigerated shipments are expected to grow along with the world’s middle class, but a representative for U.S.
Cool Cargo News
Maritime
Forwarding
North American ports
Savannah Expands Reefer Capacity
x |
The Georgia Ports Authority added 20 refrigerated container racks at the Port of Savannah’s Garden City Terminal. <br /> <br />
Cool Cargo News
Maritime
Forwarding
ILA Talks Off to Quiet Start
Joseph Bonney, Senior Editor |
After a mighty bluster in the run-up to negotiations for a new contract at East and Gulf Coast ports, the tone and rhetoric from the nation’s second-largest longshore union and its management co
Longshore labor
Maritime
Forwarding
Analyst: Outsourcing Shift to Slow Asia’s Export Growth
Mike King, Special Correspondent |
Investors in the container industry are likely to see disappointing returns in the coming years as Asia’s export growth rates slow now that the outsourcing production from Europe and the U.S.
Forwarding
Maersk Line Expects 2012 Loss
Joseph Bonney/Senior Editor |
Maersk Line expects to lose money this year despite recent rate increases, A.P. Moller-Maersk Chairman Michael Pram Rasmussen told shareholders at the parent company’s annual meeting. <br />
Container lines
Forwarding
Star Reefers Reaches Deal With Russian Fruit Importer
Bruce Barnard, Special Correspondent |
Norway’s Star Reefers said it has reached a “satisfactory” solution to its dispute with Russia’s largest fruit importer that <a href="http://www.joc.com/container-shipping/star
Cool Cargo News
Forwarding
Reefer Shipments Ripple Through Trade
Stephanie Nall |
Exports of refrigerated goods from the U.S. last year increased 16 percent to 15.5 million metric tons, and economists forecast reefer exports will rise again this year. <br /> <br />
Cool Cargo News
Maritime
Forwarding
Maher Files FMC Complaint Against NY-NJ Port Authority
Joseph Bonney/Senior Editor |
Maher Terminals has filed a <u><a href="http://www.fmc.gov/12-02/ ">Federal Maritime Commission complaint</a></u> alleging the Port Authority of New York and New Jersey discriminated against Maher by
Port News
Forwarding
Asia-Europe Rates Hold Most of April 1 Gains
Peter T. Leach/Senior Editor |
Westbound Asia-to-Europe spot rates eased slightly this week, but held on to most of the <u><a href="http://www.joc.com/container-shipping/asia-europe-freight-rates-jump-28-percent">28 percent jump in
Forwarding
Rate Hikes Push Asia-Europe Carriers Back to Profitability, Bimco Says
Peter T. Leach/Senior Editor |
Container shipping lines have been able to raise Asia-Europe freight rates enough to return them to profitability on the route, according to the latest Bimco Shipping Market Overview. <br /> <br />
Forwarding
Schenker Starts Houston-Dubai LCL Service
JOC Staff |
DB Schenker this month launched a less-than-containerload service from Houston to the Middle East via Dubai to meet growing demand for oil and energy equipment exports. <br /> <br />
Maritime
Forwarding
Hapag-Lloyd to Launch New Baltic Service
Peter T. Leach, Senior Editor |
Hapag-Lloyd will launch a new weekly service next month connecting Germany with ports in the Baltic region.<br /> <br />
Container lines
Forwarding
ILWU Dockworkers Can Honor Clerks' Pickets, Arbitrator Rules
Bill Mongelluzzo, Associate Editor |
The West Coast arbitrator who adjudicates labor disputes involving the International Longshore and Warehouse Union and waterfront employers on Wednesday ruled dockworkers in Los Angeles-Long Beach wou
Longshore labor
Maritime
Forwarding
CMA CGM Sets ‘Emergency’ Rate Hike in Asia-Europe Trade
Bruce Barnard, Special Correspondent |
CMA CGM has announced an “emergency rate restoration” of $385 per 20-foot container on routes from Asia to Europe and the Mediterranean.<br /> <br />
Container lines
Forwarding
Hamburg Plans Traffic Surge After Elbe River Deepening Project
Bruce Barnard, Special Correspondent |
Hamburg is set to sharply increase its share of the fiercely competitive North European container market after a long-delayed plan to <a href="http://www.joc.com/portsterminals/hamburg%E2%80%99s-hhla-
Container lines
Forwarding
Army Corps Releases Final Savannah Deepening Documents
Peter T. Leach, Senior Editor |
The U.S. Army Corps of Engineers released the final documents on Wednesday for the Savannah Harbor Expansion Project for review by state and federal agencies and the general public. <br /> <br />
Port News
Transport, Trade, and Regulation News
Forwarding
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