US ports so far have been doing a reasonably good job loading and unloading mega-ships within the required berthing windows, but carriers’ relentless deployment of ever-larger vessels will soon catch up with terminal operators.
Hanjin Shipping has set up a yard to accept and store its empty containers in central New Jersey.
Spot freight rates in the Asia-US trade edged lower for the fourth consecutive week.
Container shipping on Asia-Europe enters its slack season that will last until the pre-Chinese New Year pick up.
Concerns still remain on the holdouts, IT issues, and accuracy of declarations related to SOLAS container weight rule.
APL Logistics and its parent company have retracted statements made by their employees that said “K” Line could go bankrupt, after the Japanese container line threatened legal action.
Two more Hanjin Shipping vessels are heading for the Port of New York and New Jersey.
Rapid advances in technology, coupled with e-commerce expansion, will magnify pressure on shippers and logistics companies to deliver for customers.
Largest US logistics provider to scrutinize vessel-sharing agreements, urges more "resilient" supply chain strategies.
Japan is seeking to re-establish a leading position of investment and influence in Africa.