Trans-Pacific

Trans-Pacific

04 May 2015
Trans-Pacific ocean carriers have been digging in their heels to get rate increases in their 2014-2015 trans-Pacific ocean contracts and have been getting increases in some cases, especially on routes from Asia to East Coast ports, but rates negotiated for shipments from Asia to West Coast ports have been flat or lower than last year in some cases when bunker fuel surcharges are included in the rate.
Port of Long Beach and container ships
29 Apr 2015
Based on the rates one importer has negotiated in its annual trans-Pacific contracts, it appears likely that shippers may have to ante up for freight rates that are substantially higher than in the past few years.
27 Apr 2015
Spot rates in the China-U.S. East Coast lane are falling back down to historical levels, a sign that vessel diversions driven by West Coast congestion may be easing.
Bill Rooney, Kuehne + Nagel, at TPM 2015.
27 Apr 2015
At TPM 2015, Kuehne + Nagel Vice President Trans-Pacific Seafreight Bill Rooney on commoditization in the shipping industry and the challenges that brings to various business segments, contract models and determining the importance of lower unit costs in the overall picture
27 Apr 2015
The relatively new Port of Prince Rupert achieved 14 percent year-over-year growth last year. CEO Don Krusel discusses the strategy and forecasting that made that possible.
Stephane Rambaud
27 Apr 2015
C.H. Robinson’s President of Global Forwarding Stephane Rambaud considers growth in the trans-Pacific trade lane, the effect of market volatility on relationships between shippers and carriers and potential new pricing
26 Apr 2015
With West Coast port congestion and container backlogs easing faster than predicted, beneficial cargo owners are reassessing their supply chain strategies for the coming shipping season.
17 Apr 2015
Spot rates in the eastbound trans-Pacific trade lane continue to drag as major U.S West Coast ports make headway on reducing the backlog of cargo that began stacking up at marine terminals since the early fall.
13 Apr 2015
Spot rates and volume from China to the U.S. East Coast continued to rise through March, signs that West Coast congestion is still driving cargo owners to other ports.
OOCL ship passing under Golden Gate Bridge
10 Apr 2015
For the first time, the Transpacific Stabilization Agreement, a discussion group representing 15 of the largest carrier in the trans-Pacific trade lanes, is pushing for base levels during the current contracting season, a departure from its longstanding policy of issuing targets for rate increases.
08 Apr 2015
Trans-Pacific spot rates rose this week from a 12-month low, suggesting that container lines won acceptance of at least part of an April 9 general rate increase, according to Drewry Maritime Research.
07 Apr 2015
Hamburg Süd led the container shipping industry in on-time service in February, putting an end to Maersk Line’s six-month hold on the top spot, according to SeaIntel Maritime Analysis.