Trans-Pacific

Trans-Pacific

The spot rate to the U.S. East Coast was $4,344 per 40-foot container this week.
29 Aug 2014
While some September 1 general rate increases seem to be successful, others have not taken hold, and spot rates in those lanes may drop to new lows.
First Half in Review
01 Aug 2014
The first half of 2014 saw the start of several stories that JOC.com will most likely be covering for the next year and perhaps beyond.
Artist’s rendition of one of Matson’s planned Aloha Class vessels.
01 Aug 2014
Jones Act carrier Matson posted slight declines in second-quarter net profit and operating income but said it expects its operating results in the second half of 2014 to show improvement from a year ago.
SCFI: Shanghai to Northern Europe
01 Aug 2014
August general rate increases have given a boost to spot rates on all of the major lanes this week.
Ship engine telegraph pointing to ahead slow.
01 Aug 2014
Diversions from the West Coast to avoid longshore labor negotiations are creating delays of up to two to three weeks for some ocean cargo moving from Asia to the U.S. East Coast, according to a freight forwarder.
31 Jul 2014
Mitsui O.S.K. Lines Ltd. reported a sharp deterioration in its container-shipping financials for its fiscal first quarter ending on June 30th and said that rates during the remainder of its year would not recover to the degree it had projected.
31 Jul 2014
Interim result season is in full swing, and the financial reports reveal carriers in the container-shipping industry searching for a silver lining.
30 Jul 2014
Expectations of a solid peak season from Asia to both Europe and North America could lead to higher ocean container freight rates in the third quarter, but the gains are likely to be only temporary.
Drewry’s benchmark spot rate from Hong Kong to Los Angeles remained at $1,800 per 40-foot container for a second week.
30 Jul 2014
In a now familiar pattern, trans-Pacific spot prices held steady ahead of another general rate increase after dropping precipitously the week before.
Plane in blue sky
29 Jul 2014
Positive developments in China’s export space are raising expectations that the recent strong performance of air and ocean cargo volumes will extend into a solid peak season.
26 Jul 2014
Hutchison Port Holdings Trust (HPH Trust) reported a 16 percent rise in first-half net profit on the back of improved U.S. and European cargo and greater transshipment volume.
The Shanghai-northern Europe spot rate slipped 2.2 percent to $1,203.
25 Jul 2014
Price drops continued to be reflected in the Shanghai Containerized Freight Index this week, as every major lane on the index saw spot rates fall.