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Platts Containers Update
Brazil largely unscathed by customs strike, truck delays remain
Rob Ward, Brazil Special Correspondent |
While port operations are largely normal, cross-border trucking is still heavily impacted.
Transport, Trade and Regulation News
Trucking News
New Orleans port to take over switching railroad
Joseph Bonney, Senior Editor |
The future of the New Orleans Public Belt Railroad has been a top concern of port officials and businesses for nearly two years.
North-American rail
North American ports
Southwest India shippers turn to Cochin for transshipment
India Special Correspondent |
Volume reached a new monthly high of 47,000 TEU in May.
International ports
DP World’s UAE terminals not servicing Qatari vessels
Turloch Mooney, Senior Editor, Global Ports |
The move comes amid a diplomatic row between Qatar and four of its neighbors.
Marine terminals
Maritime
Container lines
Seattle-Tacoma cranes to aid mega-ship handling
Hugh R. Morley, Senior Editor |
The Seattle-Tacoma alliance will purchase an additional four cranes to enable its ports to better handle mega-ships.
North American ports
Marine terminals
Port Everglades adds cranes to large-scale investment
Reynolds Hutchins, Associate Editor |
The new low-profile gantry cranes cost a total of $41.4 million and come with an option for the port to purchase an additional three cranes anytime within five years.
North American ports
Marine terminals
New tech helps shippers pump up 'volume LTL'
William B. Cassidy, Senior Editor |
With API tool, logistics technology company project44 aims to help shippers find capacity for lower-cost "volume LTL" shipments.
LTL
Logistics Technology News
Carriers poised to profit from higher trans-Pac contracts
Bill Mongelluzzo, Senior Editor |
Spot rates in the eastbound Pacific this year have been running 30 to 60 percent higher than at this time last year.
Container lines
Bangladesh port expands as shippers avoid Chittagong
Syful Islam, Bangladesh Special Correspondent |
The port forecasts traffic will grow to 339,000 TEU by 2019 and 2020.
International ports
Mammoet lifts big pieces for Sasol plant in Louisiana
Joseph Bonney, Senior Editor |
Heavy-lift specialist Mammoet has completed the lifting and positioning of the two largest units of an $8 billion Sasol ethane cracker and related plants that will add to exports of polyethylene resins from the US Gulf region.
Forwarding
Breakbulk News
Chennai port gains from rail push
India Special Correspondent |
Chennai’s rail share in the first two fiscal months was slightly higher than that in the same period of 2016.
International ports
Russia finds St. Petersburg terminal guilty of price fixing
Eugene Gerden, Russia Special Correspondent |
The guilty ruling allows shippers impacted by the practices to seek financial compensation from the stevedores via Russian courts.
Marine terminals
Transport, Trade and Regulation News
Sliding container ship charter rates signal capacity restraint
Bruce Barnard, Special Correspondent |
Rates for ships more than 5,500 TEU are “nose-diving,” and the 7,500- to 11,000-TEU segment has been hit by a “sudden meltdown”.
Container lines
Carriers suspend all container bookings to and from Qatar
Greg Knowler, Senior Editor Europe |
No container bookings are being accepted to and from Qatar as carriers try to mitigate the diplomatic row that has essentially isolated the Persian Gulf state.
Maritime
Ships calling Xiamen face inspections ahead of summit
Turloch Mooney, Senior Editor, Global Ports |
China announced new security and inspection measures for vessels calling at the southeastern port of Xiamen.
Transport, Trade and Regulation News
Maritime
Waterfront Commission, NY-NJ port employers spar over reform
Hugh R. Morley, Senior Editor |
The sometimes heated three-hour hearing came as the port prepares to open the newly raised Bayonne Bridge on June 30, allowing ships up to 18,000 TEU to pass below it.
Transport, Trade and Regulation News
New app adds cross-border cargo visibility
Reynolds Hutchins, Associate Editor |
More than 11 million trucks transit the borders between the United States, Canada, and Mexico every year.
Trucking News
LTL
Outgoing Portland port president predicts box service return
Bill Mongelluzzo, Senior Editor |
Portland has been without weekly container services since 2015.
North American ports
Baltimore rolls with breakbulk market’s punches
Joseph Bonney, Senior Editor |
“We can’t control the economy worldwide, but we can grow our market share in a down world economy.”
North American ports
Breakbulk News
Spain port strikes escalating
Bruce Barnard, Special Correspondent |
The strikes follow months of slowdown.
Longshore labor
Maritime
Container lines
Digitization for freight a quest for transparency
Peter Tirschwell |
The evolution of marketplaces must be in the direction of facilitating transparency and tightening service standards for shippers.
Logistics Technology News
Antwerp strikes Belt and Road deal with Chinese port
Bruce Barnard, Special Correspondent |
The agreement calls for an investigation into the possibility of establishing a rail connection between the two ports.
International ports
Breakbulk News
AirBridgeCargo surpasses rivals in traffic growth
Bruce Barnard, Special Correspondent |
AirBridgeCargo Airlines continued to outpace its European rivals with traffic soaring 17 percent in the first quarter as it increased its freighter fleet and expanded its global network.
Air Cargo Carriers News
Discounts help stabilize Suez Canal traffic
Turloch Mooney, Senior Editor, Global Ports |
Container lines
JNPT volume pickup key to major Indian ports' growth
India Special Correspondent |
The country’s 12 major ports together handled 1.5 million TEU during April and May.
International ports
Freightos expands online marketplace to UK
Greg Knowler, Senior Editor Europe |
Online marketplace Freightos has extended its service offering to the United Kingdom after launching in the United States in 2016, targeting Britain's huge trade volume.
Maritime
Logistics Technology News
Two Asia-Europe port hubs in drive to digitize
Greg Knowler, Senior Editor Europe |
The digital transformation of Singapore and Rotterdam will play a crucial role in their competitiveness and both ports have launched new technology initiatives.
Container lines
Logistics Technology News
Simplified procedures to boost Russian rail volumes
Eugene Gerden, Russia Special Correspondent |
The move has already resulted in an uptick of cargo booked on the spot market.
Transport, Trade and Regulation News
Rail News
International rail
Japan subsidizes port reefer cargo infrastructure
Tomoo Yatsuhashi, Japan Special Correspondent |
The new scheme is part of the Japanese government’s efforts to increase the country’s annual exports of agricultural.
International ports
Transport, Trade and Regulation News
Rickmers eyes fresh restructuring to survive
Bruce Barnard, Special Correspondent |
“The aim of the executive board is to work out a new restructuring solution together with creditors and making use of the tools of insolvency laws.”
Breakbulk carriers
Higher US freight demand boosts ODFL shipments, tonnage
William B. Cassidy, Senior Editor |
ODFL’s mid-quarter update is the latest indication that freight volumes and shipping costs are rising in the United States.
LTL
JNPT moves closer to speedy import program goal
India Special Correspondent |
Customs estimates that with quicker clearance, logistics costs per container have been reduced by more than half.
Transport, Trade and Regulation News
Hapag-Lloyd second carrier to levy booking cancellation fee
Greg Knowler, Senior Editor Europe |
German carrier Hapag-Lloyd has become the second liner operator this month to impose a booking cancellation fee after CMA CGM.
Container lines
Brazil poultry shippers in a flap over Itajai port closure
Rob Ward, Brazil Special Correspondent |
Shippers could face losses that run into tens of millions of dollars.
International ports
Cool Cargo News
NY-NJ drayage truckers snap up chassis ahead of mega-ship arrivals
Hugh R. Morley, Senior Editor |
More drayage companies at the Port of New York and New Jersey are buying their own chassis or signing long-term leases to avoid the difficulty of rental pools.
Marine terminals
Trucking News
Drayage
Feds delay decision on new rail line bypassing Chicago
Reynolds Hutchins, Associate Editor |
US rail regulators have said they need more time and information before they can make any decision on a proposed freight rail line that backers say would bypass Chicago congestion.
North-American rail
Rotterdam port plans offshore energy project support site
Joseph Bonney, Senior Editor |
The first phase is expected to open in two years.
Breakbulk News
Shippers to benefit from UP Colorado rail maintenance
Reynolds Hutchins, Associate Editor |
The maintenance will help avoid derailments like the 25-car incident that occurred in Colorado’s Weld County this past January.
North-American rail
'Smart' trailers, boxes set to enhance shipment tracking
William B. Cassidy, Senior Editor |
The need for greater visibility into inbound shipments is driving demand for smart trailers and container tracking, SkyBitz's Popplewell says.
New Matson ship to increase US-Samoa sailing frequency
Dustin Braden, Shipper Relationship Manager |
The 1,103-TEU Samoana will replace the 844-TEU Islander.
Container lines
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