Europe

Europe

17 Oct 2014
Two organizations in Rotterdam are calling for urgent dialogues concerning the ports' congestion and overcapacity
Ocean carrier rate revision roundup for Oct. 17
17 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
17 Oct 2014
Spot freight rates on the Far East-North Europe route have sunk to $705 per 20-foot container, down $33 on the previous week to a new low for the year.
15 Oct 2014
Europe’s top container hubs have slammed the European Union’s plan to focus investment on peripheral ports in a bid to shift traffic from the dominant Le Havre-Hamburg range to the Mediterranean.
15 Oct 2014
Reefer containers will form a huge part of the cargo carried on the New Silk Way rail network between China and Europe as shippers are forced to counter the extreme temperatures found on the route.
15 Oct 2014
SHENZHEN, China — Manufacturing isn’t migrating from China as rapidly as most experts expected, despite wages that are rising at nearly 20 percent a year, researchers focusing on sourcing trends told the TPM Asia Conference in Shenzhen on Wednesday.
15 Oct 2014
A record number of ship deliveries will combine with declining scrapping rates and mid-single-digit growth in volume to extend the gap between container ship supply and demand through 2015, according to a leading maritime research consultant.
14 Oct 2014
The use of fleet management systems or telematics to track commercial vehicles is expected to nearly double in Europe by 2018, research firm Berg Insight says.
13 Oct 2014
Turkey plans to standardize procedures at customs gates to speed up border transactions and unclog long truck l
13 Oct 2014
Ocean carriers face an uphill struggle to achieve planned general rate increases in the Asia-North Europe trade in the coming weeks against a backdrop of plummeting spot rates, according to industry analysts.
13 Oct 2014
To understand how deeply the Asia-Europe trade is holding carriers’ bottom lines hostage, one just needs to look at the numbers. Spot freight rates on the head-haul westbound trade out of Asia slumped to just $822 per 20-foot-equivalent container unit in late September, according to the Shanghai Containerized Freight Index, less than half the $1,765 rate at the beginning of the year.