Trans-Pacific

Trans-Pacific

Ocean carrier rate revision roundup for Sept. 19
19 Sep 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
CMA CGM was correct in saying its PEX3 service had the fastest transit time from Yantian to Los Angeles at 13 days.
11 Aug 2014
It is becoming increasingly difficult for a shipper to determine which carrier in the eastbound trans-Pacific has the fastest transit time between two given ports, according to a new analysis from SeaIntel, a consulting firm.
Acting OOIL CFO Alan Tung
11 Aug 2014
Hong Kong-listed Orient Overseas (International) Ltd. reported a first-half net profit of $181 million as revenue and volume at its liner shipping division OOCL increased even though revenue per 20-foot container fell more than 5 percent.
Bill Rooney
10 Aug 2014
William Rooney, Kuehne + Nagel vice president, responds to questions about the current slower growth environment and the NVO ability to provide “something broader than rates” as the trans-Pacific trade evolves.
Yantian international container terminal. Photo: lzf / Shutterstock.com
10 Aug 2014
Asia’s ports reported strengthening of container throughput in the first half as the economic recovery of the U.S. and Europe drove up consumer spending and new export orders flooded into Chinese factories.
Weekly wrap-up for August 9, 2014
08 Aug 2014
Troubles in the Pacific Northwest dominated the news this week.
Ocean carrier rate revision roundup for August 8
08 Aug 2014
Major container lines announced general rate increases taking place in mid-August through October this week.
The Shanghai Containerized Freight Index for northern Europe ports fell 7.8 percent this week.
08 Aug 2014
Spot rates from Asia to northern Europe continued a trend of peaks and valleys this week, giving up nearly half of pricing gains achieved around Aug. 1 general rate increases.
U.S. containerized paper exports, first half 2014 vs. first half 2013
06 Aug 2014
U.S. containerized exports of scrap paper are falling, and the drop is partly responsible for slow U.S. export growth.
Drewry’s benchmark rate for container traffic heading from Hong Kong to Los Angeles rose 20.8 percent this week.
06 Aug 2014
An Aug. 1 general rate increase and high peak-season volumes heading to the U.S. pushed spot rates from Asia to the U.S. to their highest levels this year.
Ocean carrier rate revision roundup for August 1
01 Aug 2014
Several container lines announced this week general rate increases for the month of September.
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.