International Freight Shipping

International Freight Shipping

News & Analysis

Ocean carrier rate revision roundup for Aug. 22
22 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in the coming months, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Shoes in a store
21 Aug 2014
Containerized footwear imports into the United States plummeted in the first half of 2014, although the industry is optimistic sales will pick up in the second half of the year.
21 Aug 2014
Thousands of containers of agricultural products heading to Russia are still on the water, in limbo until shippers can find new destinations for their goods.
21 Aug 2014
A good peak season will lead to a shortage of containers, with the inventory of new boxes standing at less than two months of the required levels, Singamas chairman Teo Siong Seng said in Hong Kong.
21 Aug 2014
Singamas chairman Teo Siong Seng does not believe the antidumping and countervailing duty investigation the company is facing in the U.S. will have a lasting effect on its business.
20 Aug 2014
Port Metro Vancouver is receiving a modest windfall in container volume thanks to the uncertainties surrounding longshore contract negotiations on the U.S. West Coast, but it might have profited even more if its terminals had more capacity to handle diverted cargo. Projects are planned to expand its capacity substantially over the next 10 years.
APL Logistics container loading in New York
20 Aug 2014
Neptune Orient Lines said Wednesday media reports that it plans to sell its logistics business, APL Logistics, for up to $900 million are "preliminary and exploratory in nature.”
Arctic waters
20 Aug 2014
The melting polar icecap is reheating ages-old dreams of cross-Arctic shortcuts for deep-draft ships sailing between the Atlantic and Pacific oceans. But logistics managers shouldn’t count on it happening next year — or even in the next decade.
18 Aug 2014
A shift from small container ships to fewer but larger ships could result in a decline in the number of vessels on the water this year, the first decrease in 20 years, Drewry Maritime Research said.
18 Aug 2014
Nine straight weeks of steady declines in pricing of low-sulfur bunker fuel have brought the price per metric ton down to the lowest levels in more than three years.