International Freight Shipping

International Freight Shipping

News relating to the import and export business, including customs, current economics and more.

Commentary

The transloading trend is placing severe pressure on the largest container gateway in the Americas, where the adjacent Los Angeles and Long Beach ports handled a combined 14.4 million 20-foot-equivalent units last year.

News & Analysis

APM Terminals, Tangier, Morocco, Africa
25 Feb 2015
APM Terminals restated its target of booking a $1 billion net operating profit after tax in 2016 as it emerged as the Maersk Group’s top performing division last year.
25 Feb 2015
Damco’s decline deepened in 2014 as the Maersk Group’s freight forwarding and logistics unit saw ocean and air freight volumes slide in a growing market.
Ambassador Bridge
21 Feb 2015
The U.S. and Canada cleared a big hurdle to building a second span over the Detroit River, a critical crossing and sometime choke-point for cross-border trade.
Japan Post
17 Feb 2015
The decision by Japan state postal service to takeover regional logistics operator Toll Holdings for $5.07 billion is the second mega-logistics acquisition involving Japanese companies in as many days, and another exceptional price.
17 Feb 2015
Neptune Orient Lines has sold APL Logistics to Kintetsu World Express for $1.2 billion in a stunning deal that gives the Singapore-listed group a net gain of more than $900 million.
container ship engine
05 Feb 2015
The shipping industry — container carriers included — should prepare for a low-sulfur fuel requirement to be imposed on schedule in 2020, a development industry leaders have said will result in carriers incurring tens of billions of dollars annually in higher fuel costs, with no clear mechanism for recovering those costs from customers.
04 Feb 2015
With new international ballast water regulations set to go into full force this year, the need for new and universal water treatment technology is more necessary than ever before, said World Shipping Council President Chris Koch.
26 Jan 2015
A European Commission proposal calling for carriers and forwarders to identify the buyers and sellers of imported goods in their customs filings has been slammed by the World Shipping Council (WSC).
19 Jan 2015
Asian countries dominated the 2015 Agility Emerging Markets Logistics Index released today with four nations ranked in the top 10 emerging markets – China, Indonesia, India and Malaysia.
17 Jan 2015
Maersk subsidiary MCC Transport and China Shipping Container Line (CSCL) will both launch direct services between China and Myanmar on Jan. 24 to capitalize on growing trade between the two Asian nations.