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.
INTTRA is moving into a new market: selling data to the beneficial cargo owners that book cargo space through its e-commerce portal, to provide visibility into the movement of containers at every...
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...
At its worst, the months of congestion and gridlock at West Coast ports left beneficial cargo owners nearly blind in trying to pinpoint where their shipments were in the supply chain. Unlike the...
U.S. consumer spending and new homebuilding are forecast to grow so steadily this year that imports from Far East Asia are likely to grow by a faster-than-expected 4.5 percent, year-over-year.
With West Coast port congestion and container backlogs easing faster than predicted, beneficial cargo owners are reassessing their supply chain strategies for the coming shipping season.
Two road trips 50 years apart reveal how far Mexico has come — and hasn’t — in its development as a trade giant.
Shipowners that charter out container ships to liner operators are optimistic that the container shipping market is turning around and that charter rates for their vessels will increase as shipping...
The U.S. needs to boost its exports to fast-growing emerging markets, but it faces a number of barriers that stand in the way of a more balanced trade, Walter Kemmsies, chief economist of port design...
The Panama Canal Pilots Union, which is in negotiations for a new five-year contract, said it was encouraged by statements made by Panama Canal Authority CEO Jorge Quijano at the 15th annual TPM...
Shippers who tried to divert their containerized cargo to the U.S. East Coast during the paralyzing port congestion at West Coast ports in the last few months were not always successful because they...
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