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

30 May 2016
Another week, another step closer for CMA CGM towards acquiring NOL.
25 May 2016
Chinese regulators have approved the French line's takeover of NOL.
06 May 2016
“The difficult market condition is prompting consolidation and changes in alliances in the industry. While APL continues to make progress in taking out costs and improving yield, the proposed acquisition of APL by CMA CGM will help APL achieve scale to stay competitive in the industry,” NOL Group President and CEO Ng Yat Chung said.
04 May 2016
Damco profit jumped triple digits in the first quarter.
04 May 2016
Every major metric of performance for APM Terminals suffered in the first quarter.
04 May 2016
Speculation on the makeup of a new container shipping alliance is mounting following the unveiling of the Ocean Alliance last month, with Maersk Group CEO Nils Andersen chipping in with his views on the subject.
03 May 2016
Maersk Line is poised to disclose its first-quarter results after a bruising three months.
29 Apr 2016
CMA CGM, the third-largest global container line, got the go-ahead on Friday from the European Union to acquire Neptune Orient Lines, the parent company of APL, but with one condition.
24 Apr 2016
The roll-on, roll-off shipping market is relatively upbeat after emerging surprisingly unscathed from a year of tough economic and geopolitical challenges. The outlook for pure car carriers, however, is looking less optimistic against a backdrop of rising supply and subdued demand for automobiles.
11 Apr 2016
Shippers will have to pay more to ship their products around the world when the International Maritime Organization’s new container weight verification requirements take effect on July 1.