US ports so far have been doing a reasonably good job loading and unloading mega-ships within the required berthing windows, but carriers’ relentless deployment of ever-larger vessels will soon catch up with terminal operators.
Hanjin Shipping has set up a yard to accept and store its empty containers in central New Jersey.
Spot freight rates in the Asia-US trade edged lower for the fourth consecutive week.
The Hanjin Shipping bankruptcy may be behind a recent surge in freight moving inland from West Coast ports.
Colombo International Container Terminals this week hosted the MSC Maya, reportedly the largest container ship ever to call Sri Lankan shores.
Container shipping on Asia-Europe enters its slack season that will last until the pre-Chinese New Year pick up.
With chassis shortages in Los Angeles-Long Beach reaching a crisis level, a Southern California warehouseman is ready to accept and store empty and leased Hanjin Shipping containers.
The Mercosur trade bloc of Argentina, Brazil, Paraguay, Uruguay, and Venezuela are all set to increase their food exports to Russia this year.
Concerns still remain on the holdouts, IT issues, and accuracy of declarations related to SOLAS container weight rule.
APL Logistics and its parent company have retracted statements made by their employees that said “K” Line could go bankrupt, after the Japanese container line threatened legal action.