Multiple container lines have planned general rate increases in numerous trade lanes in September and October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
04 Sep 2014
Due to lower trade volumes to and from emerging markets in Asia, ports around the world overall saw weak performance in the second quarter of 2014, according to the Shanghai International Shipping Institute.
Weekly wrap-up: ILWU ratifies deal with PNW grain handlers, reaches tentative agreement on health benefits with PMA
30 Aug 2014
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties.
29 Aug 2014
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
29 Aug 2014
Global schedule reliability has declined for the first time in six months, as carriers continue to deal with congestion in North Europe and the U.S. West Coast, according to a new report from SeaIntel Maritime Analysis.
16 Aug 2014
Diversions related to the ongoing negotiations on the U.S. West Coast between the International Longshore and Warehouse Union and the Pacific Maritime Association continue to have an impact elsewhere.
06 Aug 2014
The U.S. ocean container trade via European ports, including transshipments, increased 3.8 percent year-over-year to 4.6 million laden 20-foot-equivalent units in the 12 months ending March 2014, according to PIERS, the data division of JOC Group.
04 Aug 2014
Consider the trans-Atlantic market an oasis of calm. For a container shipping industry focusing on the opportunities and pitfalls in the much larger Asia-Europe and trans-Pacific trades, or the rapidly growing north-south trade linking Asia to Africa and Latin America, that’s not necessarily a bad thing.
Weekly wrap-up for Aug. 2, 2014: Vancouver penalties cutting truck turn times; congestion worsens at North European ports
02 Aug 2014
Port Metro Vancouver’s penalty system for terminals is cutting truck turn times and drawing attention from other North American ports struggling with drayage challenges. And congestion seen earlier this year at Rotterdam has continued, prompting diversions and surcharges, and the congestion is spreading to other ports in the North Europe range.
01 Aug 2014
Several container lines announced this week general rate increases for the month of September.
25 Jul 2014
Several container lines have planned general rate increases in multiple trade lanes in August, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
17 Jul 2014
Spot rates from Shanghai to Rotterdam, the Netherlands, eroded this week, losing 35 percent of the gains it garnered in the last two weeks.