Trade Lanes

Trade Lanes

An overview of container trade, container lines and shipping line news.

Commentary

A leading retail industry consultant suggests the nearly year-long stretch of disruption and uncertainty tied to the recent West Coast longshore labor standoff wasn’t just a minor event in the minds of those companies. Wanting to “de-risk,” shippers may alter their supply chain plans, bypassing the West Coast as much as they can.

News & Analysis

19 May 2015
Despite an environment of overcapacity, two of the largest carriers in the Asia-Europe trade intend to increase freight rates on June 1.
19 May 2015
The Transpacific Stabilisation Agreement has responded to queries from forwarders about contract guidelines introduced this year that recommend its member carriers set rates for 20-foot containers at 90 percent of the rates charged for FEUs.
MSC container ship in Rotterdam
18 May 2015
The North Atlantic, for long the “sleeping dog“ of container trades, is “waking up,” as rising European imports on the back of a strong U.S. dollar lift freight rates and attract new services, according to Drewry Maritime Research.
06 May 2015
Saying that predictions of 20 percent over-capacity on all-water services to the East Coast this year “were based on faulty assumptions,” a carrier discussion agreement in the eastbound Pacific is recommending two general rate increases and a peak season surcharge.
05 May 2015
Eastbound trans-Pacific liner reliability has improved for the first time this year, but liner reliablity on the opposing direction fell to the lowest point since JOC.com began collecting SeaIntel data in August 2011.
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.
Hapag-Lloyd container ship in New York
28 Apr 2015
A rush by container lines to add services threatens to create overcapacity and undermine rates on all-water services between Asia and the U.S. East Coast, Alphaliner reports.
Maersk container ship
28 Apr 2015
Mega-vessels deployed in the Asia-Europe trade are overlapping intra-Asia routes and compounding the influx of capacity cascading into the regional trade from oversupplied east-west routes.
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.