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.
14 Apr 2014
U.S. containerized import volume jumped 15.1 percent year-over-year in March 2014, the largest increase in 13 months, according to advance figures from PIERS, the data division of JOC Group Inc.
13 Mar 2014
U.S. containerized import volume fell 7.2 percent year-over-year in February 2014, according to advance figures from PIERS, the data division of JOC Group Inc.
31 Dec 2013
Major container lines have announced planned rate increases for a variety of trades, as detailed below, slated to take effect in January and February.
19 Dec 2013
U.S. containerized import volume fell 9.2 percent month-to-month in November, according to advance figures from PIERS, a JOC sister company. Imports totaled 1.45 million 20-foot-equivalent units in November. Volume remained flat year-over-year, following seven consecutive months of increases.
11 Dec 2013
An 11 percent decline in revenue contributed to a large decline in profits at Evergreen Marine for the third quarter.
28 Oct 2013
Thomas Chen, the chairman of Evergreen Shipping Agency (America) Corp. (EGA) is being transferred to a new role in Taiwan. His successor is Jack Yen, who has been serving as EGA vice chairman.
28 Oct 2013
Evergreen Group has unveiled the 8,508-TEU Ever Linking, the second L-type vessel to be built by CSBC Corp. in Taiwan.
22 Oct 2013
The U.S. Government Accountability Office has published a report, “DHS Could Improve Cargo Security by Periodically Assessing Risks From Foreign Ports,” recommending...
27 Sep 2013
Containers of auto parts imported through U.S. ports reached 220,366 20-foot containers in the second quarter of 2013, their highest volume since the JOC began collecting this data in January 2007. Imports were up year-over-year for a 15thstraight quarter, although it was the smallest rate of increase during this period.
17 Sep 2013
Containers of footwear imports through U.S. ports experienced a second consecutive quarter of year-over-year growth in the second quarter of 2013, jumping 18.2 percent. Prior to first quarter 2013, footwear import volume declined for six quarters straight.