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News and analysis of freight forwarding, NVOCCs, third-party logistics, and shipper strategies
The latest
Forwarding
News & Analysis
Alianca adding to South American coverage
Rob Ward, Special Correspondent |
Hamburg Sud subsidiary Alianca Navegacao e Logistica has expanded its coverage of the east coast of South America by adding two new vessels into its Brazilian cabotage and Mercosur Gran Cabotage services.
Forwarding
Ocean carrier rate revision roundup for Sept. 26
Grace M. Lavigne, Associate Web Editor |
Multiple container lines have planned general rate increases in numerous trade lanes in October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Forwarding
China to delay implementation of advanced manifest rule
JOC Staff |
Forwarding
CBP releases national gypsy moth figures as carriers continue to battle pest
JOC Team |
Thirty nine ships have arrived at U.S. ports with the Asian Gypsy Moth on board, U.S. Customs and Border Protection told JOC.com, as shippers fear the voracious tree eater will continue to delay cargo.
Forwarding
Drewry: Specialized reefer ships down, not out
Joseph Bonney, Senior Editor |
Container lines will continue to expand their share of the refrigerated cargo market, but specialized reefer carriers can survive if they diversify and pick their niches carefully, Drewry Maritime Research says in its annual analysis of the reefer shipping market.
Forwarding
Cool Cargo News
Weekly wrap-up: Mega-alliances, LA-LB issues and trucking growth
Grace M. Lavigne, Associate Web Editor |
Issues at the Los Angeles-Long Beach were on JOC.com readers’ minds this week, along with mega-alliances and growth in the trucking industry.
Forwarding
Ocean carrier rate revision roundup for Sept. 19
Grace M. Lavigne, Associate Web Editor |
Multiple container lines have planned general rate increases in numerous trade lanes in October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Forwarding
Egypt announces sell-out of Suez Canal certificates
JOC Team |
The sale of investment certificates for the Suez Canal expansion project has netted Egypt $8.5 billion to fund upgrades to one of the country’s largest and most lucrative economic ventures.
Forwarding
Correction: MSC announces low-sulfur surcharges in North Europe, North America
JOC Staff |
In the article titled “MSC announces low-sulfur surcharges in North Europe, North America,” published on Sept. 15, a reference to low-sulfur fuel of 0.1 percent being cheaper than 1.0 percent fuel was incorrect.
Forwarding
Dropping bunker fuel prices bode well for carriers
JOC Team |
Bunker prices have fallen to their lowest level in over a year after a three month slide, and oversupply may keep fuel costs for container lines relatively low throughout the end of the year.
Forwarding
MSC announces low-sulfur surcharges in North Europe, North America
Bruce Barnard, Special Correspondent |
Mediterranean Shipping Co. today unveiled surcharges of up to $165 per 20-foot container on North European and North American routes that will be subject to new low-sulfur limits in 2015.
Forwarding
Seven factors XPO’s Jacobs says drive logistics growth
William B. Cassidy, Senior Editor |
Fast-growing third-party logistics companies are tuning into and tapping broad trends driving logistics growth in the U.S. and globally, including increased cross-border trade and the expansion of intermodal rail. Here are seven trends picked by XPO Logistics CEO Bradley S. Jacobs.
Supply chain
Forwarding
International rail
Truck brokers
Ocean carrier rate revision roundup for Sept. 12
Grace M. Lavigne, Associate Web Editor |
Multiple container lines have planned general rate increases in numerous trade lanes in September and October...
Forwarding
Shippers, carriers say challenges will be overcome
Bill Mongelluzzo, Senior Editor |
Shippers and carriers are confident they will overcome the problems that plague their industry such as port congestion, equipment shortages and complexity in logistics...
Forwarding
North American ports
Marine terminals
Container lines look to LNG to fuel big ships
Joseph Bonney, Senior Editor |
Looming global requirements for low-sulfur fuel are prodding ocean carriers to consider liquefied natural gas to power container ships on long-haul international routes as well as regional feeder services.
Forwarding
Consolidation — the inevitable result of ever-larger ships, analyst predicts
Bill Mongelluzzo, Senior Editor |
Container lines in coming years will continue to order larger ships and switch membership in vessel-sharing alliances in a desperate game of survival...
Container lines
Forwarding
Ocean carrier rate revision roundup for Sept. 5
Grace M. Lavigne, Associate Web Editor |
Multiple container lines have planned general rate increases in numerous trade lanes in September and October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Forwarding
Air to ocean shift may be slowing as economy improves
JOC Staff |
A long-term shift from air to ocean freight by shippers looking to cut transport costs and willing to tolerate longer transit times may be slowing, according to recent comments from transportation executives.
Air Cargo Carriers News
Container lines
Forwarding
CTS: Volumes show gains from Asia to Europe, North America
JOC Team |
Container volumes from Asia to its key export destinations were up in July, anchored by growth to both Europe and North America.
Container lines
Forwarding
Global ports suffering from slower growth rates
Grace M. Lavigne, Associate Web Editor |
Due to lower trade volumes to and from emerging markets in Asia, ports around the world overall saw weak performance in the second quarter of 2014, according to the Shanghai International Shipping Institute.
International ports
Forwarding
Record August Suez Canal revenue suggests container tonnage gain
Mark Szakonyi, Executive Editor |
Monthly revenue at the Suez Canal hit a record $506 million in August, partly reflecting a surge of container volume in the last month.
Forwarding
Bunker fuel prices end slide
JOC Team |
After weeks of declining prices for both high and low sulfur bunker fuel, prices rebounded last week.
Forwarding
Air and ocean freight indicators stick in positive territory
Greg Knowler, Senior Europe Editor |
The second-quarter recovery that gave air and ocean cargo such a welcome boost looks set to continue its momentum well into the second half as the latest economic and freight indicators show some positive numbers.
Forwarding
Mexico’s auto manufacturing lifts North American ro-ro market
Alan M. Field |
North American vehicle production is on the rise amid strong demand for vehicles in the NAFTA countries and foreign markets.
Forwarding
New ro-ro ships conserving fuel, cutting costs
Alan M. Field |
NYK Line in May took delivery of the first post-Panamax car carrier built in Japan. Dubbed the Aries Leader, the new pure car carrier not only boasts a capacity of 7,000 vehicle units, but also a wide range of energy-saving technologies not found on other such vessels.
Container lines
Forwarding
ILWU threat to holiday season shipments diminishes
Peter Tirschwell |
Despite the lack of a new West Coast labor contract two months after the expiration of the last agreement, the threat of work stoppages to peak-season merchandise is rapidly receding, according to a retail industry consultant.
Longshore labor
Maritime
Forwarding
Ocean carrier rate revision roundup for Aug. 29
Grace M. Lavigne, Associate Web Editor |
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Forwarding
Ex-APL executive Sappio joins container lessor
JOC Staff |
Robert Sappio, former longtime executive at APL, has been named chief operating officer at SeaCube Container Leasing.
Container lines
Forwarding
Container-leasing business falters on weak selling prices
Greg Knowler, Senior Europe Editor |
The container sale and leasing business is not benefiting from rebounding trade volumes on major east-west routes as low rental yields and falling prices in a lacklustre shipping environment put the squeeze on the global market leaders.
Forwarding
Cost of shipping a container from India double that of China, report says
Dustin Braden |
Shipping a container from India can cost nearly double what it costs to ship the same container from China, according to a report from the Associated Chambers of Commerce and Industry of India.
Forwarding
Trucking News
US Southeast ports set to shift auto traffic into higher gear
Mark Szakonyi, Executive Editor |
Like a sparkling Ferrari on a showroom floor, the U.S. Southeast ports are sitting pretty when it comes to import and export automobile traffic growth.
Forwarding
Multiple US-bound ships delayed by Asian Gypsy Moth
JOC Team |
Tiny, dirt-like egg clusters are waylaying cargo at ports in the United States, delaying thousands of containers for days at a time.
Forwarding
No swift decision by US in 53-foot box subsidy probe, says CIMC
Greg Knowler, Senior Europe Editor |
The world’s largest container manufacturer, China International Marine Containers (CIMC), does not expect the U.S. government’s antidumping and countervailing duty investigation to be resolved before May next year.
Forwarding
Politics on the table at German-Russian port industry event
Grace M. Lavigne, Associate Web Editor |
German-Russian business ties were on full display at a reception in St. Petersburg hosted by the Port of Hamburg, where politics was a main theme of discussion.
International ports
Forwarding
Maritime sector cyberattack risk rising, IMB says
Grace M. Lavigne, Associate Web Editor |
The International Maritime Bureau said the threat of cyberattacks in the maritime sector has intensified in the past few months, as shipping and supply chains become the “next playground for hackers.”
Forwarding
US furniture imports saw growth in first half
Grace M. Lavigne, Associate Web Editor |
Containerized furniture imports into the United States saw growth in the first half of 2014, as a strong number of shipments in the second quarter offset weak volumes in the first quarter.
Forwarding
Gypsy moths force quarantine of container ships off LA-Long Beach
JOC Team |
At least two ships have been quarantined and all others coming from Asia to the United States will be heavily scrutinized as officials attempt to block an invasive species from making landfall in the U.S.
Forwarding
Ocean carrier rate revision roundup for Aug. 22
Grace M. Lavigne, Associate Web Editor |
Multiple container lines have planned general rate increases in numerous trade lanes in the coming months, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Forwarding
US footwear imports plunged in first half
Grace M. Lavigne, Associate Web Editor |
Containerized footwear imports into the United States plummeted in the first half of 2014, although the industry is optimistic sales will pick up in the second half of the year.
Forwarding
Russia-bound ag cargo stuck on water as shippers adjust
JOC Team |
Thousands of containers of agricultural products heading to Russia are still on the water, in limbo until shippers can find new destinations for their goods.
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