Container Lines

In-depth coverage of container freight, including TEUs, iso containers, container standards and relevant issues.

Commentary

 
The trans-Pacific eastbound trade is taking considerably longer than in the past to settle annual service contracts that will run through next April. Some ocean carriers walked away from large deals, while others are walking into them even at rates that appear to be below costs.

News & Analysis

 
23 May 2013
The Port of Tacoma in Washington reported container volume from January to April was 617,076 20-foot-equivalent units, up 35 percent year-over-year.
World Container Index Between New York and Rotterdam. Source: World Container Index
 
23 May 2013
Trans-Atlantic eastbound and westbound rates inched up in the week of May 23, according to the latest release of the World Container Index.
World Container Index rates to Shanghai. Source: World Container Index
 
23 May 2013
Backhaul rates from northern Europe and the U.S. West Coast continued to dip this week, according to the latest release of the World Container Index.
 
23 May 2013
Maersk Line has announced three rates increases for dry shipments...
 
23 May 2013
Hapag-Lloyd will revise three of its trade routes...
 
23 May 2013
Zim will end its involvement in the two Northern Europe-related trans-Atlantic services that are currently part of its service offering, linervision reports.
 
23 May 2013
Yang Ming Marine Transport, Evergreen Line, Pacific International Lines and Sinotrans will launch a joint China-Australia-Taiwan service on June 7.
Drewry Container Rate Benchmark, May 22, 2013. Source: Drewry
 
22 May 2013
Drewry’s Hong Kong-Los Angeles Container Rate Benchmark rose $250 this week, achieving almost 63 percent of a proposed $400 per-40-foot-container general rate increase by USL and CMA CGM set for May 21.
 
22 May 2013
Crowley Maritime’s liner services group is adding more than 3,000 pieces of cargo handling equipment to its fleet, allowing the transportation company to expand its services in Puerto Rico, the Caribbean and Latin America.
 
22 May 2013
Trans-Pacific container lines got a reprieve from sliding freight rates this week when they put a general rate increase into effect on May 21, but freight rates are likely to continue to slide in the major east-west trades because some carriers continue to slash rates after repeated GRIs in an effort to gain market share.