Several carriers have planned general rate increases in multiple trade lanes in April and May, although any gains achieved could be temporary as overcapacity and sluggish global demand continues.
11 Oct 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in November.
07 Oct 2013
U.S. containerized exports inched up roughly 1 percent year-over-year in July, to 966,148 20-foot-equivalent units, according to preliminary figures from PIERS, a JOC sister company. July’s slight increase was a rebound from a 4.5 percent drop in June, when exports hit their lowest level since July 2011.
02 Oct 2013
U.S. containerized imports grew 2.5 percent year-over-year in July, according to advance figures from PIERS, a JOC sister company. U.S. containerized imports totaled 1.62 million 20-foot-equivalent units in July, the highest volume since 1.65 million in August 2007.
30 Sep 2013
Trade barriers between the European Union, Costa Rica and El Salvador will be lifted on Oct. 1...
20 Sep 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in September and October.
11 Sep 2013
The Panama Canal in 2015 will regain much of the U.S. East Coast container cargo that is being diverted now to the Suez Canal route, according to Rodolfo Sabonge, the canal’s executive vice president of market analysis and research.
10 Sep 2013
The Panama Canal Authority has met with the Japanese Shipowners Association and several car manufacturers in Japan to discuss the future toll structure of the canal...
06 Sep 2013
Major container lines have announced rate increases for a variety of trades, as detailed below, slated to take effect in September and October...
06 Sep 2013
UPS has plans to purchase two Costa Rica-based companies: Union Pak de Costa Rica, a small package delivery firm, and SEISA Brokerage, a brokerage business.
26 Aug 2013
Samuel Israel has been appointed regional CEO for Damco’s Latin America region.