Europe

Weekly wrap-up for July 12, 2014
12 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association surprised watchers by announcing a 72-hour hiatus in their negotiations so that the union could deal with unrelated talks in the Pacific Northwest, and by extending the expired coastwide contract during the suspension of negotiations.
Containerized exports from the United States fell 0.7 percent year-over-year in May.
11 Jul 2014
Containerized exports from the United States slid in May, the third year-over-year decline in five months.
11 Jul 2014
Fast-growing Crane Worldwide Logistics is expanding, albeit cautiously.
Shanghai-Northern Europe SCFI
11 Jul 2014
One week after spot rate gains from Shanghai to the United States and Europe, rates on the Shanghai Containerized Freight Index dropped yet again.
Ocean carrier rate revision roundup for July 11
11 Jul 2014
Multiple container lines have planned general rate increases in several trade routes to take effect Aug. 1...
MSC vessel
11 Jul 2014
How much market share Maersk Line and Mediterranean Shipping Co. would control through the 10-year vessel sharing agreement they announced on July 10 will largely determine whether the pact meets a similar fate to that of the P3.
10 Jul 2014
Lufthansa Cargo is cutting freighter capacity in response to continued weakness in global cargo demand that saw its volume slump by 8 percent year-on-year in June with no signs of a pickup in sight.
09 Jul 2014
Trade between northern Europe and North America fell in May, but carriers are making moves to keep their utilization rates over 90 percent on both eastbound and westbound routes, Drewry says.
P3 broken links
09 Jul 2014
It ended so fast. With one statement, the countless hours and money spent over the last year to prepare for one of the biggest — if not the biggest — game-changers in global container shipping went up in smoke.
Port of Rotterdam. Photo: Shchipkova Elena / Shutterstock.com
09 Jul 2014
The European Union has opened an in-depth investigation to determine whether tax breaks for publicly owned Dutch ports, including Rotterdam, breach its state aid rules.
Seko Logistics’ new Milton Keynes facility.
09 Jul 2014
Seko Logistics has invested in a 152,000-square-foot logistics center in Milton Keynes, England, to keep pace with rapid growth in U.K. retailers’ online sales.

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