U.S. containerized exports tumbled 9.0 percent year-over-year in February to 923,493 TEUs, the lowest monthly volume in 32 months, according to preliminary figures from PIERS, the Data Division of JOC Group. This 9.0 percent drop was also the steepest year-over-year decline since August 2009.
18 Feb 2014
CMA CGM has extended its FEMEX service in the Black Sea with the addition of three new calls in Samsun, Turkey; Novorossiysk, Russia; and Constanta, Romania.
17 Dec 2013
U.S. containerized exports jumped 9.1 percent year-over-year in October, to 1,070,902 20-foot-equivalent units, according to preliminary figures from PIERS, the Data Division of JOC Group. October containerized exports also rose 11.4 percent from September.
05 Dec 2013
U.S. private equity group KKR is seeking a buyer for its majority stake in U.N. Ro-Ro, the Turkish roll-on, roll-off shipping line it acquired in 2007.
15 Nov 2013
Maersk Line is reorganizing the eastbound port rotation of its Europe-Middle East 3 (ME3) Service connecting India, the Middle East and Europe, effective this month.
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...
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.
23 Sep 2013
Hapag-Lloyd will launch a Black Sea Feeder service connecting Egypt’s Port Said with ports on the Black Sea and in Israel and Turkey.
04 Sep 2013
U.S. containerized imports climbed 1.5 percent year-over-year in June, following growth in April and May, according to advance figures from PIERS, a JOC sister company. U.S. containerized imports totaled 1.5 million 20-foot-equivalent units in June.
20 Aug 2013
The U.S. International Trade Commission has determined that the U.S. oil country tubular goods industry is “materially injured” by imports of OCTG products from nine nations that are sold at “less than fair value.”