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Platts Containers Update
Maersk, IBM digitalize global container supply chain
Bruce Barnard, Special Correspondent |
Blockchain could save the shipping industry billions of dollars.
Container lines
Sendai port has second straight record year
Tomoo Yatsuhashi, Japan Special Correspondent |
Its container volume more than halved in 2011 following the devastating earthquake and tsunami.
International ports
Cochin Port expands intermodal rail
India Special Correspondent |
The container trains from Bangalore inland container depot leave every Friday to reach Cochin by Sunday.
International ports
International rail
Widdows latest heavyweight to advise ClearMetal
Greg Knowler, Senior Editor Europe |
Container shipping veteran Ron Widdows has joined the advisory board of predictive logistics company ClearMetal.
Maritime
Shadow of Hanjin influencing contract talks, APL chief says
Greg Knowler, Senior Editor Europe |
Ensuring their supply chains are secure is high on the BCOs' agenda as they engage with carriers in trans-Pacific service contract talks, said APL's chief executive.
Container lines
BCOs battling for Europe-Asia space
Greg Knowler, Senior Editor Europe |
Shippers on the North Europe-Asia trade are running into space issues as full signs go up on vessels leaving for ports in the east.
Container lines
Blockchain technology touted for supply chain efficiency
Alan M. Field, Contributing Editor |
Distributed ledger technology is rapidly gaining interest in multiple industries as a secure and cost-effective way to facilitate transactions.
Logistics Technology News
Cold chain interests committed to investments
Lara L. Sowinski |
Ports, carriers, and cold storage providers are committed to ongoing investments, including infrastructure, equipment, technology, and personnel.
Cool Cargo News
Traditional reefer carriers tout specialty services
Lara L. Sowinski |
Container carriers have made steady gains in the global reefer market, but conventional reefer carriers find success through specialty services.
Cool Cargo News
NJ lawmakers attempt to curb Waterfront Commission
Hugh R. Morley, Senior Editor |
The legislation follows repeated efforts by the International Longshoremen’s Association and port businesses to rein in the commission.
Longshore labor
Container-tracking portal needed to aid US matchbacking
Reynolds Hutchins, Associate Editor |
Matchback opportunities for shippers in the US heartland are limited by a lack of data.
Rail News
Container lines
Marine terminals
US transloading growth reshaping cargo routing
Bill Mongelluzzo, Senior Editor |
Growth in transloading near major seaports is reshaping cargo routing and siting of distribution centers.
North American ports
USA Truck drives deeper into Mexico despite trade fears
William B. Cassidy, Senior Editor |
USAT Logistics, the non-asset arm of USA Truck, opens a Mexican subsidiary.
Truckload
Trans-Pacific spot rates slip again
Bill Mongelluzzo, Senior Editor |
This was the fourth consecutive week of declining spot rates to the East Coast and the seventh consecutive week to the West Coast.
Container lines
Paulsboro breakbulk terminal opens in south NJ
Joseph Bonney, Senior Editor |
“This is the first modern port to be built along the Delaware River in more than 50 years.”
Breakbulk News
North American ports
Asia-Europe spot rate hikes fail to stick
Dustin Braden, Shipper Relationship Manager |
Carriers had sought rates of up to $1,200 per TEU in the run-up to March 1.
Container lines
Spanish dockers delay strike, but Europe-wide walkout planned
Bruce Barnard, Special Correspondent |
The dockers’ unions have called for negotiations with the government and port employers.
Longshore labor
Dedicated trucking drives growth at US carriers
William B. Cassidy, Senior Editor |
Dedicated trucking prevents deeper revenue decline at the Top 25 Truckload Carriers.
Truckload
Freight station to speed cargo through Yangon
Tomoo Yatsuhashi, Japan Special Correspondent |
Suzue Corp. is the latest Japanese logistics company to deepen its involvement in the Southeast Asian nation.
Logistics Technology News
JNPT push to speed imports continues
India Special Correspondent |
Bansal called on all stakeholders to encourage more shippers to use the scheme.
International ports
Tech firm, 3PL partner to unlock 'hidden' truck capacity
William B. Cassidy, Senior Editor |
Partnerships may herald new phase in a more mature transport technology market.
Trucking News
Truck brokers
UPS upgrading container-tracking tech
Reynolds Hutchins, Associate Editor |
E-commerce has heightened the sense of urgency regarding shipment visibility.
Logistics Technology News
Report: Logistics issues may cost chemical firms $79B
Joseph Bonney, Senior Editor |
Since 2010, chemical companies have announced 264 new US projects totaling more than $161 billion in capital investment.
Logistics Technology News
Trucking News
Rail News
North American ports
Cargo-booking exchange aims to give BCOs certainty
Hugh R. Morley, Senior Editor |
The exchange targets the much-discussed problem that, although shipper-carrier contracts may be signed, parties frequently fail to comply with the deal.
Container lines
Zim back in black on strengthening market
Dustin Braden, Shipper Relationship Manager |
Zim Integrated Shipping Services joins Maersk Line and Orient Overseas Container Line in reporting a late-year surge in freight.
Container lines
Low-sulfur fuel rule could cost carriers $60B
Dustin Braden, Shipper Relationship Manager |
The cost of low-sulfur fuel can be around 50 percent more expensive than typical bunker fuel.
Container lines
Transport, Trade and Regulation News
Surging truck traffic nearly triples Eurotunnel earnings
Bruce Barnard, Special Correspondent |
Eurotunnel Group more than doubled its earnings in 2016.
International rail
Tighter ocean, air margins squeeze Panalpina profit
Bruce Barnard, Special Correspondent |
Panalpina faced a very challenging year in 2016.
Logistics Technology News
Air Cargo
Seaspan swings to loss on vessel write-downs
Bruce Barnard, Special Correspondent |
Seaspan slumped to a $139 million loss in 2016 because of vessel impairments and losses on the disposal of ships.
Container lines
DCLI acquires 11,000 chassis from NYK
JOC Staff |
Direct ChassisLink Inc. has acquired the 11,000-unit chassis fleet of NYK Line (North America) that now operates in pools managed by Consolidated Chassis Management and its affiliates and in the Hampton Roads Chassis Pool.
Drayage
Maersk warns of 'serious impact' of Spain port strike
Bruce Barnard, Special Correspondent |
Maersk Line has drawn up contingency plans to minimize the “serious” impact of an imminent strike campaign by Spanish dockers on its global cargo operations.
International ports
US resin exporters have many routing options
Joseph Bonney, Senior Editor |
North American ports
Drewry: Terminal ownership affecting alliance networks less
Turloch Mooney, Senior Editor, Global Ports |
There is less interest than expected tied to liner ownership in terminals as the new shipping alliances set up their port networks.
Container lines
2016 a record year for earnings at Kuehne + Nagel
Bruce Barnard, Special Correspondent |
Kuehne + Nagel posted a record result for 2016.
Logistics Technology News
Concor moves to speed import discharges at India's top port
India Special Correspondent |
Container Corporation of India is working with Jawaharlal Nehru Port Trust to speed up the clearance of imports booked under the direct port delivery program.
International ports
Rail News
ALE installs Saudi Arabia’s first wind energy turbine
JOC Staff |
ALE was contracted in January to install the turbine.
Breakbulk News
More carrier consolidation coming, XPO’s Jacobs says
Reynolds Hutchins, Associate Editor |
Bradley S. Jacobs knows a thing or two about about consolidation.
Logistics Technology News
Carriers: US demurrage-detention proposal could add congestion
Reynolds Hutchins, Associate Editor |
Shippers’ efforts to push the FMC into a rulemaking relies on antiquated evidence that predates the advent of containerized shipping, carriers said.
Transport, Trade and Regulation News
Ocean overcapacity to continue pricing pressure
Peter Tirschwell |
Overcapacity will exert significant pricing pressure on the container industry over the next two years.
Container lines
Regional US LTL truckers outpace larger competitors
William B. Cassidy, Senior Editor |
Mid-sized LTL carriers increased revenue at a faster pace in 2016 and are poised to grow more.
LTL
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