Container Shipping News

Eastbound spot rates on the trans-Pacific opened the New Year with a hefty jump as shipping lines put peak season surcharges into effect until the Chinese New Year.

Maersk Line is forecasting an even balance between container vessel capacity and shipping demand this year even as the supply of new vessel capacity is expected to grow 9 percent.

Container throughput at major ports in India for the April-December period surged 11 percent over the same period in fiscal 2009-10, the Indian Ports Association said Wednesday.

Ship owners and operators are betting their future profitability on super-sized container ships and must delay deliveries of additional vessels to avoid overcapacity and plunging rates, a European shi

Trucking company ABF Freight System is broadening its container service from the U.S. to the Dominican Republic as it expands its global portfolio.

Japanese carrier MOL expects improved results from container shipping to push the group's ordinary income "much higher" than the $1.2 billion previously forecast for the current fiscal year.

The supply of container ship capacity will outstrip the growth in demand for vessel space this year and next as more new container ships are delivered in the two-year period, the president of NYK Line

A threatened strike at the Port of New York and New Jersey was averted when negotiators for the International Longshoremen's Association and port maintenance contractors agreed on a two-year contract

The top 20 container lines increased their operated capacity 14 percent over the last 12 months, as the strong recovery in freight volume led carriers to take on new tonnage over 2010, Alphaliner repo

The Port Authority of New York and New Jersey is putting no timetable yet on its plan to raise the level of the Bayonne Bridge and that engineering work on the a ambitious project has not started.

The American Trucking Associations filed its opening brief with the U.S. Court of Appeals for the 9th Circuit, charging that the U.S.

The Port of Seattle's clean-truck program went into effect over the weekend, with all motor carriers required to register their vehicles on the

Hutchison Ports will pay $732 million to buy assets from China Resources at the ports of Hong Kong and Shenzhen, raising the stake the world's largest port operator has at the Southern China gateways.

The Indian Commerce Ministry said Monday it is on track to reach its export target of $200 billion for fiscal 2010-11 ending March 31.

State-owned Shipping Corporation of India announced a general rate increase on the westbound trades from India to Europe, as part of what it calls a rate restoration program.

Not every bankruptcy ends badly. There will be a mañana for USA Dry Van Logistics, a cross-border trucking specialist in McAllen, Texas, that emerged from Chapter 11 bankruptcy protection Nov.

October was the best month ever for exports at Los Angeles Grain Terminal, and it looks like the good times will last for a while.

Shipments of scrap paper to China began to pick up in the fall of 2010, and that’s a good sign for the U.S. economy.

Trade conditions for U.S. wastepaper exporters have been favorable since the end of the global economic recession in late 2009.

When global trade collapsed in 2009, most container lines cut back on services and idled ships. Mediterranean Shipping Co.

A sharp upswing in traffic in the past six weeks resulted in the best shipping season through the St. Lawrence Seaway in four years, the seaway’s Canadian management company said Thursday.

Taiwanese ocean carrier Evergreen Line and Middle East-based Simatech Shipping will launch a joint container service connecting key ports in the Indian subcontinent and China.

Rotterdam, Europe’s largest port, said total cargo volume hit a record high in 2010, buoyed by record container traffic driven by surging world trade and a booming German economy.

Ocean container carriers will levy an average fee of $25 per bill of lading for all cargo entering the European Union in 2011 when the bloc’s advanced manifest rule comes into effect.

The Port of Authority of New York and New Jersey, seeking to settle a problem critical to the port’s future, said Wednesday it will propose to raise the roadbed of the Bayonne Bridge rather than

United Arab Shipping Company will seek a general rate increase on the westbound trade from India to Europe and the Mediterranean, as part of a new rate restoration program.

Containerized cargo out of Port Everglades, Fla., exceeded previous-year volume by 9.6 percent in October and November, the port said Tuesday.

Diana Shipping, the NYSE-listed dry bulk ship owner, is to spin off 80 percent of its majority-owned container shipping unit through a separate listing on NASDAQ.

Antwerp boosted container traffic by 16.1 percent in 2010 from a depressed 2009, helping the port to retain its ranking as Europe’s second largest box port after Rotterdam.

CSAV will pay nearly triple its current ship charter rate to extend use of a medium-sized container ship for 12 months, a stark sign of rapidly rising in the market for chartering vessels.

A record 61 container ships of more than 7,500 TEUs capacity were delivered in 2010 and even more will join the world box ship fleet in 2011, according to a leading industry analyst.

Shippers in the Northeast were hit by service delays, but ocean, truck and air cargo operators said operations were returning to normal after a blizzard Sunday brought the region nearly to a

The Indian Shipping Ministry ordered all major port authorities to strictly implement new measures to improve the security and handling of hazardous materials, the ministry said.

Germany's Duisburg port, the world’s busiest inland port, boosted container traffic 25 percent in 2010 from the year before, outpacing growth at Europe’s top box hubs.

OOCL on Thursday announced increases in terminal handling charges for China mainland traffic to and from Australia, effective Jan. 3.

Two bills that could have had significant consequences for the supply chain died quietly as the 111th Congress adjourned Wednesday.

Maersk Line said it will raise ocean freight rates from the Middle East and the Indian sub-continent to northern Europe and the Mediterranean twice during the first quarter of 2011.

The heavy rains in Southern California this past week caused mudslides and road closures throughout the region, but the harbor drayage community in Los Angeles-Long Beach kept on trucking.

Wisconsin's ballast water regulations are too strict, according to a study by the state's environmental department.

Container traffic at Baltimore posted year-to-year increases of 5.7 percent in November and 16.9 percent during the first 11 months of this year.