Trans-Pacific

Drewry Container Rate Benchmark, April 16, 2014.
16 Apr 2014
The Drewry benchmark rate for shipping from Hong Kong to Los Angeles rose this week after three weeks in a row with no positive movement.
03 Mar 2014
Kuehne+Nagel’s operating earnings soared 20 percent in 2013 driven by market-beating growth in air freight volumes, almost doubled contract logistics profit and increased market share on the transpacific and transatlantic container trades.
03 Mar 2014
The past year has been tumultuous for the U.S. maritime industry, with powerful vessel-sharing alliances deploying mega-ships to West Coast ports, terminal operators consolidating their facilities, carriers exiting the chassis business and, on the national scene, implementation of the Affordable Health Care Act.
Shanghai Containerized Freight Index, North Europe, week ending Feb. 28, 2014.
28 Feb 2014
Spot container freight rates from Shanghai to northern European and Mediterranean ports fell about $120 per TEU in the week of Feb. 28...
Port Metro Vancouver
28 Feb 2014
Unifor-Vancouver Container Truckers’ Association says it will hold a strike vote on March 1 that could result in its members joining hundreds of other truckers who walked off the job...
Ocean Carrier Rate Revision Roundup for Feb. 28
28 Feb 2014
Multiple container lines hope to increase rates in a variety of trade lanes from March through June, although any hikes achieved could be fleeting...
Port Metro Vancouver
28 Feb 2014
Li & Fung Logistics isn’t waiting for the worst-case scenario. The logistics division of Hong Kong-based sourcing giant Li & Fung — and other cargo owners like it who ship through the U.S. West Coast — will be watching closely over the next four months as the International Longshore and Warehouse Union and employers engage in tough negotiations on a new labor contract.
21 Feb 2014
Spot container freight rates from Shanghai to northern European and Mediterranean ports fell about $150 per TEU in the week of Feb. 21...
20 Feb 2014
Westwood Shipping has found new use for its fleet of four BulkCon ships. The carrier, which has specialized in transporting forest products since 1892, added refrigerated cargoes to the mix in the summer of 2013.
Ocean Carrier Rate Revision Roundup
18 Feb 2014
Major carriers aim to hike rates in a variety of trade lanes in March, although any increases achieved could be temporary.
Shanghai Containerized Freight Index, North Europe, week ending Feb. 14, 2014. Source: Shanghai Shipping Exchange
14 Feb 2014
Spot container freight rates from Shanghai to northern European ports and Mediterranean ports fell roughly $200 per 20-foot-equivalent container (TEU) in the week of Feb. 14. They hit their lowest level since early December 2013.
Ocean Carrier Rate Revision Roundup for Feb. 7
10 Feb 2014
Major container lines hope to increase rates in multiple trade lanes in March, April and May, although any hikes achieved could be fleeting.

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