Forwarding

Investor Wilbur Ross says the industry is fragmented, leveraged, volatile and ripe for consolidation

Steel shipments in October through the Port of Houston rose 49 percent year-over-year and are up 60 percent year to date, while container traffic was flat last month.

Ocean freight rate volatility is ratcheting up global supply chain costs even when rates head downward, said a DHL Global Forwarding executive.

The 2012 Trans-Pacific Maritime Conference organized by The Journal of Commerce will add a full-day track on refrigerated container transpor

Transportation Secretary Ray LaHood threw his support behind the Port of Savannah’s deepening project and pledged to help Georgia find the needed funding.

U.S.-Puerto Rico carrier Trailer Bridge filed for Chapter 11 bankruptcy reorganization on Wednesday, a day after failing to refinance $82.5 million in bond debt that became due Tuesday.

Spot freight rates for ocean container shipping on the trans-Pacific fell another 4.2 percent in the latest week, the second straight week-to-week drop in a abrupt halt to carrier attempts to pump up

A U.K.

DFDS’s third quarter pre-tax profit surged 48 percent from a year ago to $61 million, as northern Europe’s largest short-sea shipping and logistics company benefited from “undiminish

The container export market out of China could weaken next year with economic recovery in developed countries “uncertain” and the risk of a global slowdown rising, according to Hutchison P

Japanese shipping firms are ratcheting up pressure on the government to revise the nation’s tonnage tax system, claiming the limited application of the tax has put them at a disadvantage amid in

APL’s container volume grew 5 percent in October from September, while average revenue per container fell for the second straight month as ocean spot rates were squeezed by overcapacity and weak

U.S.

The Eurozone’s lurch from crisis to crisis is the prime reason for the soft Chinese export growth piling downward rates pressure on the sluggish Asia-Europe trade lane

Five carriers that operate three joint services between Asia, Mexico and the West Coast of South America plan to suspend one of those services during the slack winter season.

The Japanese economy grew 1.5 percent in the July-September quarter from the preceding quarter, or at an annualized pace of 6 percent, the first growth in four quarters, the Japanese government said.

Ocean carriers serving India’s Port of Chennai said they will consider lifting their bottleneck surcharges if r

Box Ships booked a profit of $5.1 million in the first full quarter since the Greek container ship owner’s initial public offering on the NYSE.

HHLA managed to grow revenue and container traffic in a challenging third quarter, but Hamburg’s biggest stevedore warned of an economic slowdown and rising overcapacity in North European ports.

Rickmers Maritime Trust swung to an $11.1 million profit in the third quarter from a $54.6 million loss a year a

Trying again to stop the erosion of rates that has hit major east-west trade lanes this year, shipping lines in the eastbound Pacific intend to implement interim rate hikes on Jan. 1, 2012.

If there is, as ocean carriers say, too little demand for freight space and too much capacity on the water, Sheila Hewitt is wondering why her shipping customers in the U.S.

Nine months after angry crowds brought down the administration of long-time dictator Hosni Mubarak, political and economic uncertainty hang heavily over the future of Egypt.

Maritime industry employers are working with longshore unions around the country to prevent potentially deadly refrigerated containers from Vietnam from entering the U.S. through seaports.

Short- and medium-term economic forecasts for all of the major countries in the Mideast have been revised downward months after the Arab Spring erupted.

ABF Freight System is extending its move toward international business with a less-than-containerload ocean offering the carrier will combine with its U.S.

Three major Chinese solar manufacturers are trimming shipment expectations for the rest of the year as a slowing global economy drains demand and proposed

U.S.

Billionaire Wilbur Ross, who has profited from investments in distressed industries such as steel and textiles, is putting money into ocean transportation but isn’t ready yet to plunge into cont

Further consolidation of container shipping lines is likely as carriers seek to cut costs, expand market share and bolster balance sheets, said Peter Stokes, senior analyst and head of shipping at inv

The Shanghai Container Freight Index of spot rates tumbled this week to a record low, led by a 6.5 plunge to $573 per 40-foor-equivalent unit for Asia-to-Europe shipments.

A.P.

Dockwise’s third-quarter profit dropped nearly 40 percent to $8 million from $13.1 million a

Emirates Shipping Line once again boosted its port congestion surcharges on containers shipped through India’s Port of Chennai.

Hainan P O Shipping in December will expand its trans-Pacific service by adding a North and Central China string to the West Coast, adding to Shanghai-based carrier’s weekly service between Sout

Just as it did this year, the Alameda Corridor Transportation Authority probably will need another shortfall payment from the ports of Los Angeles and Long Beach when a debt payment is due on Oct.

Container volume at North Carolina’s Port of Wilmington grew 2.7 percent in the quarter ending Sept. 30, helping push revenue at the N.C.

Damco’s profit in the first nine months of 2011 rose 8 percent year-over-year to $567.7 million, as ocean and air freight volume rose despite “difficult market conditions.”

A U.S.

CMA CGM said it has resumed all container commercial services to Libya, joining Maersk Line and