International Freight Shipping

News relating to the import and export business, including customs, current economics and more. The container line landscape is constantly evolving as market dynamics present new challenges to the industry. See how the companies involved have changed as a result of mergers and acquisitions since 1977.

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

22 Dec 2016
Wilhelmsen and Wallenius on Thursday signed an agreement to merge the Norwegian and Swedish companies’ joint investments in Wallenius Wilhelmsen Logistics, EUKOR Car Carriers, and American Roll-on Roll-off Carrier.
13 Dec 2016
Maersk “will be like one company” offering container shipping, logistics, and port services.
08 Nov 2016
US containerized importers will turn up the heat in the last two months of 2016. 
03 Nov 2016
Wallenius Wilhelmsen Logistics and DB Cargo have agreed to develop a joint-venture hub at Monfalcone to support European vehicle manufacturers’ exports to the Mediterranean and Asia.
02 Nov 2016
Damco posted another profit in the third quarter.
While traffic through APM Terminals facilities such as Pecem, Brazil, pictured, inched up in the third quarter, profit fell, albeit at a slower rate than the first two quarters of 2016.
02 Nov 2016
Weak market conditions and liner network changes contributed to a 28 percent year-over-year fall in third-quarter underlying profit at APM Terminals.
02 Nov 2016
Rising volume was not enough to offset a sharp fall in freight rates that dragged Maersk Line to a third-quarter loss of $116 million.
01 Nov 2016
Maersk Line will announce its third-quarter results on Nov. 2, the first set of financials by the world’s largest container line since CEO Soren Skou outlined a strategic review of the group in September.
20 Oct 2016
Maersk Line has resumed calls to Iran after a five-year hiatus.
16 Oct 2016
Deepwater Wind’s $300 million, 30 MW project three miles off Block Island, Rhode Island, is small compared with big onshore and offshore projects at other locations, but it’s seen as a breakthrough for the US market.