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

20 Nov 2014
An independent organization of ocean industry executives seeks to enhance the efficiency and popularity of electronic invoicing by establishing a single standard that simplifies ocean freight invoicing by automating the time-consuming and costly manual invoicing and reconciliation process.
19 Nov 2014
Major U.S. retailers don't expect U.S. West Coast port congestion to hamper getting Black Friday products on the shelves, but they’re far less confident on their ability to keep stores stocked through the entire holiday season.
Ocean carrier rate revision roundup for Nov. 14
14 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
11 Nov 2014
Norway’s Wilh. Wilhelmsen ASA posted weaker earnings and revenue for the third quarter as the auto and project shipping and logistics group saw a seasonal decline in ocean freight volumes and an unfavorable cargo and trade mix.
11 Nov 2014
Damco slumped to a $68 million net operating loss in the third quarter from a $1 million profit a year ago as ocean and air freight volumes declined in a growing global market and experienced one-off charges related to a business transformation.
Where in the world are the Top 50 global transportation providers?
11 Nov 2014
Combined growth among the 50 largest transportation and logistics companies worldwide slowed to a halt in 2013 amid global economic uncertainty. The combined revenue of the 50 companies slipped 0.1 percent after increasing 2.6 percent in 2012 and 8.4 percent in 2011.
10 Nov 2014
The massive congestion and delays experienced by shippers using the ports of Los Angeles and Long Beach slowed freight movement inland and contributed to reduced shipment numbers in October and higher shipping costs, according to the latest Cass Freight Index.
08 Nov 2014
Brazil's port managers and unions are uniting to try to keep the country's Special Ports Ministry separate from the Ministry of Transport.
Ocean carrier rate revision roundup for Nov. 7
07 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
07 Nov 2014
A rapid rise in spot rates on the Asia-Europe trade following a host of general rate increases failed to hold on to last week's gains, sliding more than 10 percent to $1,175 per 20-foot container, according to the latest Shanghai Containerised Freight Index reading released today.