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The latest
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News & Analysis
Beef on Export Menu
R.G. Edmonson |
The record drought in the Southwest this year caused $5.2 billion in agricultural losses in Texas, the Texas AgriLife Extension Service reported.
Forwarding
Maritime
ILA, ILWU Not Going Away
Bill Mongelluzzo and Joseph Bonney |
With the International Longshoremen’s Association contract expiration a year away, some shippers already are starting to explore contingency plans.
Maritime
Container lines
Forwarding
River of Dreams
Jon Monroe, Jon Monroe Consulting |
The Yangtze River is the world’s third-longest river after the Amazon and Nile, stretching 3,914 miles from the Tibetan Plateau to its mouth at Shanghai.
Maritime
Forwarding
Gulf Ports Building for Future
Janet Plume |
With container and general cargo volume steady and rising across the Gulf of Mexico, ports are spending much of their time expanding shoreside facilities in anticipation of increased Asian cargo flows
Port News
Maritime
Forwarding
US Box Loss Is Canada's Gain
Peter T. Leach |
A U.S.-Canada cross-border dispute simmering since last spring may be on the verge of boiling over.
Maritime
Rail News
Forwarding
Strike Threatens to Shut St. Lawrence Seaway
Courtney Tower |
Nearly 500 Canadian Auto Workers employees on Friday notified Canada’s St.
Container lines
Forwarding
MOL Slashes Financial Forecast
JOC Staff |
Mitsui O.S.K.
Maritime
Container lines
Forwarding
Exports Propel Container Gains at Tacoma
JOC Staff |
A 16.4 percent jump in exports spurred a 7.3 percent increase in loaded international container volume at the Port of Tacoma in August from a year earlier.
Maritime
Forwarding
MSC Sets US-Asia Rate Hike
JOC Staff |
Mediterranean Shipping Co., the world’s second-largest container shipping carrier by fleet capacity, will raise rates from the United States to the Far East, effective Nov. 1.
Maritime
Container lines
Forwarding
Pacific Carriers Plan Targeted Export Rate Hikes
Joseph Bonney |
The Westbound Transpacific Stabilization Agreement said its member carriers plan to implement targeted rate increases on export commodities Nov. 1.
Container lines
Forwarding
CSAV Sailing Rough Seas
Joseph Bonney |
CSAV is living an extreme version of container shipping’s recent ups and downs.
Container lines
Maritime
Forwarding
Japan’s Sendai Port Resumes International Container Services
Hisane Masaki |
International container services partially resumed Friday at Japan’s Port of Sendai, the largest port in the northeastern Japanese region that bore the brunt of the devastating March 11 earthqua
Port News
Forwarding
Widdows Leaves Top NOL Post Early
Peter T. Leach |
Ron Widdows, a prominent leader in the global container industry, is leaving his position as group president and CEO of Neptune Orient Lines as of Oct.
Container lines
Forwarding
Hanjin Adding Asia-India Service
Mike King |
Korean container line Hanjin Shipping will launch an Asia-Pacific to West India direct service in late October.
Forwarding
Container lines
Horizon Pushes Back Refinancing Target Date
Joseph Bonney |
Horizon Lines has delayed for one week its target date for completing a $655 million refinancing that would stave off bankruptcy by the largest U.S. domestic ocean carrier.
Container lines
Forwarding
Freight Rate, Surcharge Updates for Week of Sept. 26-30
JOC Staff |
Mediterranean Shipping Company will apply a general rate increase on the eastbound trade from North Europe to
Forwarding
DHL Launches Three Germany-Africa LCL Services
Mark Szakonyi |
DHL Global Forwarding launched less-than-containerload direct services from Germany to Ghana, Kenya and South Africa, as the Deutche Post DHL Group subsidiary taps growing German manufacturing and aut
Forwarding
Maritime
WSC Keeps Widdows as Chairman
Peter T. Leach |
The World Shipping Council will keep Ron Widdows as chairman of its board through September 2012 after he steps down as group president and CEO of Neptune Orient Lines at the end of this year.
Forwarding
Maritime
Container lines
Loan Pushes Spanish Terminal Plan Forward
Bruce Barnard |
The European Investment Bank approved an $82 million loan to finance the construction of a new container terminal in the Spanish Atlantic port of Cadiz.
Port News
Maritime
Transport, Trade and Regulation News
Forwarding
Maersk Says New Mega Ships Won't Flood Market
Peter T. Leach |
Maersk Line doesn’t expect the 20 giant new container ships it has ordered to flood the market, nor does it expect the ships to become the new standard on the Asia-Europe trade lane,
Container lines
Maritime
Forwarding
Trans-Pacific Rate Benchmark Hits 2011 Low
Peter T. Leach |
The Drewry Container Rate Benchmark for trans-Pacific spot pricing fell for the second straight week in the week ending Sept.
Forwarding
Maritime
Maersk Adds China Call to Asia-Europe Service
JOC Staff |
Maersk Line expanded its Asia-Europe Service 7 with a direct call at Qingdao, China, effective this month.
Container lines
Maritime
Forwarding
Felixstowe Opens Berths Able to Handle Mega Ships
Bruce Barnard |
The port of Felixstowe inaugurated the first deep water berths in the U.K. able to handle the latest generation of mega container ships on Wednesday.
Port News
Maritime
Container lines
Forwarding
US Container Imports Fell 1.5 Percent in August
Joseph Bonney |
U.S. containerized imports last month fell 1.5 percent from a year earlier, dragged down by lower shipments of home goods, apparel and toys, PIERS data show.
Forwarding
Maritime
Indian Navy Foil Attacks, Captures Pirates
JOC Staff |
The Indian Navy captured pirates attempting to seize two foreign-flag cargo vessels in the Gulf of Aden, Navy officials said Tuesday.
Transport, Trade and Regulation News
Maritime
Forwarding
Antwerp to Speed Up Animal Product Inspection
Peter T. Leach |
The Port of Antwerp said on Tuesday it will speed up imports of products made from animals by centralizing their inspection at one border point and pass the savings to importers through 25 percent lo
Port News
Maritime
Forwarding
Plan For $1.5 Billion Indian Terminal Back on Track
JOC Staff |
Plans to build a $1.5 billion container terminal at the Port of Jawaharlal Nehru (Nhava Sheva) got back on track after the consortium of Singapore’s PSA International and India's ABG Group recei
Port News
Maritime
Forwarding
Kimberly-Clark Settles Horizon Lines Claims
Joseph Bonney |
Horizon Lines, moving to complete a $655 million refinancing this week, said Kimberly-Clark had agreed to drop antitrust claims resulting from the carrier’s price-fixing in the U.S.
Container lines
Forwarding
Alphaliner Expects Trans-Pacific Loss of $300 Million
Bruce Barnard |
Ocean container carriers will lose more than $300 million on trans-Pacific services in 2011 due to falling freight rates and shrinking traffic, according to Alphaliner.
Container lines
Maritime
Forwarding
Savannah Expands Refrigerated Storage
Peter T. Leach |
The Georgia Ports Authority board approved a $4.75 million project Monday that will expand the Port of Savannah’s capacity for refrigerated container storage by 45 percent, allowing the port to
Port News
Maritime
Forwarding
NYK Sets Congestion Fee For Indian Port
JOC Staff |
Japanese ocean carrier NYK Line imposed port congestion surcharges on containerized shipments moving through Port of Chennai, and other lines hiked their bottleneck fees for cargo through the Indian p
Container lines
Maritime
Forwarding
DP World Plans Major UAE Terminal Expansion
Bruce Barnard |
Dubai’s DP World will boost annual capacity of its flagship Jebel Ali container terminal by 1 million 20-foot equivalent units to 15 million TEUs, as the United Arab Emirates’
Port News
Maritime
Forwarding
DP World's Egypt Terminal Opens After Strike
Bruce Barnard |
DP World restarted operations at its Egyptian container terminal on Sunday night following the end of a six-day strike by dockworkers.
Port News
Maritime
Forwarding
Money in the Box
Joseph Bonney |
There are no sure bets in shipping, but container leasing comes close.
Maritime
Container lines
Forwarding
Channel Extension Readies Corpus Christi Terminal
Peter T. Leach |
A $41 million project to better connect the site of Port of Corpus Christi’s long-delayed cargo terminal to the main shipping channel begins next month.
Port News
Maritime
Forwarding
Panalpina Adds Three Inter-Asia LCL Services
Mark Szakonyi |
Panalipina launched three weekly less-than-containerload ocean services from Vietnam, Cambodia and the Philippines to Singapore, as the Swiss forwarder strengthens intra-Asia connections to its
Container lines
Maritime
Forwarding
Star Reefers Says Charterer Won't Pay Damages
Bruce Barnard |
Star Reefers said a leading Russian fruit importer that chartered its vessels has ignored a U.K. court order to pay $16.5 million damages to the Norwegian refrigerated cargo ship operator.
Forwarding
Maritime
Shipping Shifts Its Share
Peter T. Leach |
It’s as if David had laid down his slingshot and Goliath his spear and started working together.
Maritime
Container lines
Forwarding
Teamsters Target Seattle Port Chief
Bill Mongelluzzo |
The Teamsters union and its environmental allies are turning up the heat dramatically in their campaign to redraw port trucking regulations, going directly after officials who oppose the changes.
Port News
Maritime
Container lines
Forwarding
Grain Terminal Prepares To Open Amid Protests
Bill Mongelluzzo |
Grain terminal operator EGT in Longview, Wash., received a 110-car rail shipment of wheat, moving the site closer to opening in the face of a massive labor protest.
Longshore labor
Maritime
Forwarding
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