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

24 Aug 2015
As U.S. auto sales surge, U.S. Southeast port are shifting into high gear to win that highly profitable roll-on, roll-off cargo.
19 Aug 2015
Svitzer unveiled a new growth strategy targeting the Middle East, Africa and Asia as the Maersk group’s towage unit moves to lessen its dependence on the mature and over-supplied European and Australian markets.
30 Jul 2015
Low Asia-Europe spot rates have forced NOL Group to renegotiate contract rates with some shippers.
30 Jul 2015
LONDON – NOL Group swung to a net profit of $890 million in the second quarter from a $54 million loss a year ago, almost entirely due to the gain from the sale of APL Logistics to Japan’s Kintetsu World Express.
27 Jul 2015
Three container ships sailed through the “new” Suez Canal over the weekend in the first trial run of a second shipping lane alongside the existing waterway ahead of the official opening next month.
20 Jul 2015
A notice to the Singapore Exchange by Neptune Orient Lines stating that it had not decided to sell has hardly closed the door on the topic.
16 Jul 2015
Reports in the past twenty four hours that Hapag-Lloyd has hired investment banks to advise on an initial public offering and the Singapore government is selling its majority stake in Neptune Orient Lines have refuelled speculation of a merger between the two ocean carriers.
new Panama Canal locks being filled with water
03 Jul 2015
The new locks at the Pacific end of the Panama Canal began to fill with water in late June in preparation for months of testing of their new gates before they open to commercial traffic next April.
30 Jun 2015
In exactly one year new global regulations requiring every packed container have a verified container weight will go into effect, and shippers need to be prepared, an industry trade group warns.
23 Jun 2015
The new locks at the Pacific end of the Panama Canal began to fill with water this week in preparation for months of testing of their new gates before they open to commercial traffic in April 2016.