Multiple container lines have planned general rate increases in several trade routes to take effect Aug. 1...
05 Jul 2014
OOCL has been fined €50,000 over the death of one of its senior executives 11 years ago.
02 Jul 2014
The ink was hardly dry on Hapag-Lloyd’s merger deal with Chilean carrier CSAV when departing chief executive Michael Behrendt raised the prospect of acquiring an Asian container line.
29 Jun 2014
Forwarders shipping goods via Shanghai are trying to decipher China Customs’ 24-Hour Advance Manifest (CCAM) regulations that either were implemented on June 3, will be implemented on June 28 or July 1, or will be strictly enforced from October 1, depending on the source.
24 Jun 2014
The worst is over for the Asia-Europe container trade as slow-steaming and scrapping of old vessels begin to address excess capacity, according to a recent report from HSBC’s transport analysts.
13 Jun 2014
Multiple container lines have planned general rate increases in various trade routes to take effect in July...
16 May 2014
Multiple carriers have planned general rate increases in various trade lanes in June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
01 May 2014
A temporary space shortage on the trans-Atlantic is looming thanks to implementation of the G6 Alliance in that trade lane.
29 Apr 2014
Shippers look set to face rising freight rates on the Asia-Europe trade in the second quarter as improving demand allows container lines to stand firm on planned general rate increases (GRIs).
08 Apr 2014
The 2013 financial reporting season for container lines ended for many carriers in a sea of red ink as high bunker prices and weak freight rates combined to drag down profits.
07 Apr 2014
Hapag-Lloyd was first carrier to announce the westbound May rate increases even as April 1 GRIs struggle to lift a market weighed down by overcapacity and weak demand.
03 Apr 2014
WASHINGTON – The U.S. Federal Maritime Commission yesterday unanimously voted to allow the G6 Alliance to expand into the Asia-U.S. West Coat and trans-Atlantic routes.