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container shipping news
Container Shipping News
Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity.
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Trans-Pacific
Trans-Atlantic
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The latest
Container Shipping News
& Analysis
West Coast Container Volume Jumps 15 Percent
Bill Mongelluzzo |
Container volume at West Coast ports increased 15 percent in the first six months of 2010 compared to the same period in 2009, according to the Pacific Maritime Ass
Maritime
Forwarding
North American ports
US Manufacturing Growth Slowed in July
Joseph Bonney |
U.S. manufacturing growth slowed for the third straight month in July as the sector's year-long recovery showed new signs of weakness, the Institute for Supply Management reported.
Transport, Trade and Regulation News
Forwarding
Chinese Manufacturing Index Slows
Joseph Bonney |
Expansion of Chinese manufacturing activity slowed in July, according to an independent survey and a Chinese government report.
Transport, Trade and Regulation News
Forwarding
Savannah Containers Hit Pre-Recession Level
Peter T. Leach |
Container throughput at the Port of Savannah increased 34 percent in June to 240,734 20-foot equivalent container units, compared with 179,451 TEUs the previous June.
Maritime
Forwarding
India Averts Truck Strike
JOC Staff |
Unionized truckers in India delayed for 10 days a nationwide strike planned for Aug. 6, temporarily averting disruptions in the country’s road transport sector.
Trucking News
Forwarding
Seacastle Changes Name to TRAC Intermodal
Joseph Bonney |
Seacastle Chassis, the largest lessor of marine and domestic chassis, is changing its name TRAC Intermodal.
Maritime
Forwarding
CREATE-ing Export Hopes
John D. Boyd |
When the Obama administration completed the paperwork to release $100 million in a stimulus grant to help untangle Chicago’s time-wasting web of railroad tracks and city streets, it tied the spe
Transport, Trade and Regulation News
Rail News
Forwarding
Swifter Change
William B. Cassidy |
Swift Transportation pulls up to Wall Street a different company than the one that left the stock exchange in 2007. Swift isn’t just smaller, it’s more intermodal.
Trucking News
Rail News
Forwarding
Finding Pricing’s Peak
Joseph Bonney |
More than halfway into a year that’s been a seller’s market for freight transportation of all kinds, the surge in ocean container rates may be losing steam.
Maritime
Air Cargo
Trucking News
Rail News
Container lines
Forwarding
Senate Bill Seeks 100 Percent Solution
R.G. Edmonson |
The Senate isn’t giving up on scanning all maritime containers arriving in the U.S., but lawmakers appear willing to ease the law to make it more palatable to opponents at home and abroad.
Transport, Trade and Regulation News
Forwarding
SCI Profit Soars 60 Percent
JOC Staff |
Net profit for the state-owned Shipping Corporation of India surged 60 percent from a year earlier to $41 million in the first quarter of fiscal 2010-11 ending June 30.
Maritime
Container lines
Forwarding
Vancouver Port Container Volume Up 12 Percent
Bill Mongelluzzo |
Container volume at the Port of Vancouver, B.C., increased 12 percent in the first six months of 2010 as demand for consumer goods rebounded from last year’s recession.
Maritime
Forwarding
LA-LB Ports Honor Environmental Efforts
Bill Mongelluzzo |
Southern California’s ports recognized a trucking company, a scrap recycler, a marine terminal operator, a tugboat company and a port pilot service this week for taking extraordinary steps to re
Port News
Maritime
Forwarding
Locking In Growth
Peter T. Leach |
The prospects of renewed southbound services, direct links with Asia and new intermodal connections excite the U.S. Gulf’s major container ports.
Maritime
Container lines
North American ports
Great Lakes Carrier to Upgrade Bulk Ship
William B. Cassidy |
The last steam-powered vessel in Rand Logistics’ Great Lakes fleet will be converted to diesel power next year, the bulk freight shipping company said.
Maritime
Container lines
Forwarding
Matson Profit Jumps 75 Percent
Joseph Bonney |
Higher rates and a surge in volume from China produced a 75 percent increase in Matson Navigation second-quarter operating profit,
Maritime
Container lines
Forwarding
Finnlines Profit Jumps on Ro-Ro Freight Recovery
Bruce Barnard |
Finnlines, the Finnish short sea shipping line, reported sharply higher second-quarter earnings and revenue, driven by a recovery in North Sea and Baltic roll on-roll off traffic.
Maritime
Container lines
Forwarding
CMA CGM in Talks to Sell 30 Percent Stake
Bruce Barnard |
French ocean carrier CMA CGM is reported to be negotiating the sale of a 30 percent stake to a billionaire Belgian financier and a French government investment fund for $650 million.
Maritime
Container lines
Forwarding
Matson Adds Second China Vessel Service
Joseph Bonney |
Matson Navigation will add a second string of vessels to its China-Long Beach service, bringing new capacity to resurgent trans-Pacific trade lanes.
Maritime
Container lines
Forwarding
Maersk Adds Surcharge on Europe-Australia Boxes
Peter T. Leach |
Maersk Line advised its customers that it will impose a surcharge on heavy-weight cargo in 20-foot containers bound from Europe, the Middle East and India to Australia and all destinations in the Pac
Maritime
Container lines
Forwarding
Clean-Trucks Bill Lands in House
Bill Mongelluzzo |
Rep. Jerrold Nadler, D-N.Y., on Thursday introduced a bill that would enhance the ability of ports to enact clean-air programs, while opening the door to unionization of harbor truck drivers.
Transport, Trade and Regulation News
Trucking News
Forwarding
North American ports
Trucking labor
Maersk Extends Chassis Pool to Gulf, Southeast
Peter T. Leach |
Direct ChassisLink, the company set up by Maersk Line to manage its chassis fleet and charge truckers a daily fee for their use, will expand its chassis program to the Southeast and Gulf inland region
Maritime
Container lines
Forwarding
Profits Return for Japanese Ocean Carriers
Joseph Bonney |
Japanese carriers NYK, MOL and "K" Line reported profits in their April-June quarter as rising volumes and rates pushed their container operations into the black.
Maritime
Container lines
Forwarding
Green Reefers to Join Hamburg Reefer Pool
Bruce Barnard |
Norway’s Green Reefers said it will join the recently established Hamburg Reefer Pool on Aug. 1.
Maritime
Container lines
Forwarding
Japan Inks $47.4 Million Loan to Export Vessel
JOC Staff |
The government-affiliated Japan Bank for International Cooperation said on Thursday that it has signed a loan agreement worth about $47.4 million to support the export of a Japanese vessel to a Singap
Maritime
Forwarding
Maersk Hikes India-South America Rates
JOC Staff |
Maersk Line will seek a general freight rate increase on cargo moving on its services from the Indian subcontinent and the Middle East to South America West Coast and Central America (excluding Cuba).
Maritime
Container lines
Forwarding
Marseilles-Fos Box Throughput Jumps 17 Percent
Peter T. Leach |
First-half container throughput at the Port of Marseilles Fos rose 17 percent from the same period last year in both tonnage terms and container units.
Maritime
Forwarding
Steel Imports Down in June, Up for Year
JOC Staff |
U.S. steel imports declined by 13.6 percent in June compared with May but were up by nearly 130 percent from a year earlier, government figures show.
Maritime
Forwarding
Commerce Secretary Touts Exports at UPS Hub
John D. Boyd |
Commerce Secretary Gary Locke used a July 28 visit to the UPS Global Operations Center in Louisville, Ky., to woo U.S.
Transport, Trade and Regulation News
Forwarding
Global Trade to Grow by 8.1 Percent
Bill Mongelluzzo |
World trade by sea, land and air will grow by 8.1 percent in 2010 after declining by 7.2 percent last year, according to a forecast published by IHS Global Insight.
Transport, Trade and Regulation News
Air Cargo
Trucking News
Rail News
Forwarding
Le Havre Plans New Multimodal Terminal
Peter T. Leach |
The Port of Le Havre plans to build a new multimodal terminal that will act as a transfer platform for the transshipment of containers and trailers between rail and barge.
Maritime
Trucking News
Container lines
Forwarding
Durable Goods Orders Fall for Second Straight Month
Joseph Bonney |
Orders to U.S. factories for big-ticket manufactured goods dropped 1 percent last month, the second straight monthly decline and the largest drop since August 2009, the Commerce Department said.
Transport, Trade and Regulation News
Air Cargo
Trucking News
Rail News
Forwarding
New Chinese Line Seeks Exemption From Controlled Carrier Act
R.G. Edmonson |
Startup ocean carrier Hainan P O Shipping is asking the Federal Maritime Commission to grant the same exemption to the Controlled Carrier Act that the FMC gave to three other Chinese carriers in 2004.
Transport, Trade and Regulation News
Maritime
Container lines
Forwarding
North American ports
Sea Star Agrees to $18.5 Million Antitrust Settlement
Joseph Bonney |
Sea Star Line is the third carrier to agree to a multimillion-dollar settlement of a class-action civil antitrust lawsuit alleging price-fixing in the U.S. mainland-Puerto Rico trade.
Maritime
Container lines
Forwarding
Deutsche Bahn Earnings Up From Freight Traffic
Bruce Barnard |
Deutsche Bahn, the German railway and logistics group, boosted first half profits by over 26 percent from a year ago driven by a 40 percent surge in rail freight volumes and significantly higher air a
Rail News
Air Cargo Carriers News
Forwarding
North-American rail
Bill Would Put 100 Percent Scanning on Hold
R.G. Edmonson |
Senate legislation introduced Tuesday would suspend the 100 percent scanning requirement for marine containers in favor of a “more reasonable” risk-based approach, until scanning technolog
Transport, Trade and Regulation News
Maritime
Forwarding
Greek, Chinese Dominate Box Ship Purchases
Bruce Barnard |
Greek and Chinese ship-owners are the most active buyers of second-hand container vessels as the crisis in container shipping attracts non-traditional operators to the sector, according to Alphaliner,
Maritime
Container lines
Forwarding
Senate Bill Would Modify Container Scanning
R.G. Edmonson |
A bill introduced in the Senate on Monday would continue the congressional call to scan 100 percent of ocean containers, but includes a small change in language that could make the idea more feasible.
Transport, Trade and Regulation News
Maritime
Forwarding
Fire-Damaged Charlotte Maersk to Return in August
Peter T. Leach |
Maersk Line expects to return the Charlotte Maersk to service in August after repairs are made to the container ship that caught fire this month in the waters near Malaysia, the carrier said.
Maritime
Container lines
Forwarding
Port of Seattle Imports Up 93.3 Percent
Bill Mongelluzzo |
Containerized imports at the Port of Seattle exploded last month, increasing 93.3 percent compared to June of 2009.
Maritime
Container lines
Forwarding
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