Freight rates in the trans-Pacific edged lower this week as the final shipments left Asia before factories there shut down for two weeks for the Chinese New Year celebrations. Even larger declines in freight rates could take place in the coming weeks.
Japan’s government has drawn up the drafts of guidelines and revised ministry ordinances, which contain penalties and variation between the verified gross mass and actual weight of a container, for the smooth implementation of the International Maritime Organization's looming Safety of Life at Sea, or SOLAS, container weight rules.
Efforts to improve chassis quality and availability in the Port of New York and New Jersey are inching forward despite the long delay in the launch of a common chassis pool, a Port Authority of New York and New Jersey official said.
Trucking employers defied transportation hiring trends in January and added 1,500 jobs, putting more truck drivers in trucks.
Federal Maritime Commission Chairman Mario Cordero said he sympathizes with Los Angeles and Long Beach port users seeking less truck congestion and more transparency from the ports’ PierPass program for off-hours truck gates.
South Korea’s Hanjin Shipping has introduced a new container service at Krishnapatnam Port, a fast-growing alternative, minor, cargo gateway on India’s southeastern coast.
APM Terminals-operated Gujarat Pipavav Port is making a strong pitch for more roll-on, roll-off traffic, as the minor cargo facility on India’s west coast struggles to grow its container volumes amid sluggish global demand.
Indonesia is expected to continue to disallow majority foreign ownership of its ports when it releases a revised version of its list of limits on foreign participation in the economy due to be issued in the coming week.
The fleet of idled container ships declined in the past two weeks with 11 vessels securing work, but is set to increase later this month as carriers blank services on the Asia-north Europe trade, according to Alphaliner.
Hong Kong’s largest air cargo terminal has teamed up with a Pearl River Delta ocean shipping and logistics heavyweight to increase its regional reach and drive up air freight business through the airport.