Trade Lanes

Trade Lanes

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

Commentary

In my 42-plus years in the industry, I’ve seen many variations of what we now call alliances — joint services, slot-charter arrangements, vessel-sharing agreements, alliances and now mega-alliances — and more no doubt will follow.

News & Analysis

23 Jul 2014
CMA CGM said it will reorganize the rotations of its ASAF and WAX lines to improve service between Asia and West Africa.
The Drewry benchmark spot rate from Hong Kong to Los Angeles dropped $100 this week to $1,800 per FEU.
23 Jul 2014
With another week left before carriers in the trans-Pacific lanes attempt a general rate increase of $600 per 40-foot container, spot rates from Asia to the U.S. West Coast dropped once again.
21 Jul 2014
Crowley Maritime Corp. is in talks to acquire the Puerto Rico ships, routes and San Juan port facilities of competitor Horizon Lines for about $80 million, according to a report in Caribbean Business.
20 Jul 2014
The Indian government, looking to capitalize on the growing importance of cross-border trade, has finalized plans to star
Weekly wrap-up for July 19
19 Jul 2014
While it is obvious that beneficial cargo owners shipped early this year through the West Coast in anticipation of the July 1 deadline for contract negotiations between the International Longshore and Warehouse Union and waterfront employers, reports of cargo surges at Canadian and U.S. East Coast ports in May and June indicate retailers were also diverting shipments away from West Coast ports.
Ocean carrier rate revision roundup for July 18
18 Jul 2014
Multiple carriers have announced general rate increases on several trade routes to take effect in August.
Spot rates from Shanghai to Northern Europe sank 5.5 percent to $1,230 per TEU this week.
18 Jul 2014
Instability in the spot rate market continued this week, as spot rates from Shanghai to northern Europe, the Mediterranean and both coasts of the United States sank yet again...
17 Jul 2014
Evergreen Line has introduced a container service between the India subcontinent and the Middle East by acquiring slots on a weekly service operated by Simatech Shipping, the Dubai-based intra-Asia feeder line.
The spot rate from New York to Rotterdam sat at $1,307 this week, down 19.7 percent year-over-year.
17 Jul 2014
Spot rates from Shanghai to Rotterdam, the Netherlands, eroded this week, losing 35 percent of the gains it garnered in the last two weeks.
Drewry’s benchmark spot rate from Hong Kong to Los Angeles rose to $1,900 per 40-foot container this week.
16 Jul 2014
Attempts by the trans-Pacific carriers to institute a two-tiered July general rate increase fell just short of realization...