In what is expected to trigger a labor response, Montreal employers say they’re suspending guaranteed income pay after port tonnage fell 11 percent last month due to cargo diversions amid a long-running dispute.
Monday April 12, 2021
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Hapag-Lloyd
Hapag-Lloyd
With a fleet of more than 220 modern container ships and a total transport capacity of roughly 1.6 million TEUs, Hapag-Lloyd is one of the world's leading container lines with about 12,000 employees and nearly 400 offices in more than 125 countries worldwide. Hapag-Lloyd’s containerized capacity of about 2.6 million TEUs, and includes one of the largest and most modern fleets of refrigerated storage ships.
Hapag-Lloyd’s 2017 merger with United Arab Shipping, then the world’s 18th largest container shipping company, added 53 vessels to Hapag-Lloyd’s fleet, and an additional capacity of about 400,000 TEUs, most notably for its service between the Middle East (Dubai) and the Indian subcontinent. Its wide range of containerized services cover a broad range of trade lanes for shippers involved in Atlantic Trade, Trans-Pacific Trade, and Europe-Asia trades.
Webcasts
Apr 8, 2021 2:00PM EDT
Apr 22, 2021 2:00PM EDT
Press Releases
09 Apr 2021
FreightMango, led in North America by a veteran of Cargomatic, is looking to differentiate itself in a growing field of forwarding services marketplaces by helping shippers vet and select providers.
09 Apr 2021
The Port of Charleston has opened the first new container terminal in the US since 2009, increasing its terminal capacity by nearly 30 percent as cargo volumes surge in the Southeast.
09 Apr 2021
Digital marketplace Convoy is warning US shippers and trucking companies of the risks from what may be the sixth straight year of above-average hurricanes and storms.
09 Apr 2021
Maersk is furthering its ambitions to get closer to its shipper customers with a new fourth-party logistics aimed at large cargo owners that struggle to tie together data around demand, inventory, and cargo flow.
09 Apr 2021
Suez delays and congestion in ports across Europe are slowing the return of equipment to Asia where it is needed for exports, leading carriers to advise shippers to expect container shortages in the coming weeks.
09 Apr 2021
Although trade between the US and Latin America has been spared the severe disruptions seen on the US West Coast, sources say PortMiami has seen vessel unloading times spike because of ships arriving one to two days late.
08 Apr 2021
Shippers can save more money than ever before on intermodal, if they could find equipment and draymen to move their cargo to and from rail terminals amid scarce supply of both.
08 Apr 2021
The impact of the Suez Canal closure on Asia-Europe container supply chains is becoming clearer, with Hapag-Lloyd's CEO providing a grim short-term outlook.
08 Apr 2021
Rising confidence in the US and European manufacturing sectors and continuing growth in e-commerce is generating strong and sustained demand for air cargo.
08 Apr 2021
Zim’s launching of another expedited trans-Pacific service reflects the container line’s ability to quickly capitalize on rising e-commerce demand in the United States.
08 Apr 2021
The Port of Mobile says a proposed move to open a Gulf Coast rail track to passenger service would hurt its intermodal business.
07 Apr 2021
Retailers predict US imports will continue to be at record or near-record levels at least through August as consumers have plenty of cash to spend on merchandise.
07 Apr 2021
Funding for cross-border technology startup Nuvocargo continues a trend of investment into companies targeting the disjointed processes associated with US-Mexico logistics and transportation.
07 Apr 2021
Technology firms driving autonomous trucking forward are seeking the investment and partnerships they need to expand rapidly, anticipating growing demand.
07 Apr 2021
The Port of New Orleans has become a part investor, along with developer Lineage Logistics and the state of Louisiana, in a nearby cold storage warehouse that will serve the state’s poultry exporters.
07 Apr 2021
Port executives say the Los Angeles-Long Beach port complex has sufficient terminal capacity to handle projected cargo volumes until late in the decade.
07 Apr 2021
The real-time freight visibility market continues to push into the world of ocean freight, with FourKites, fresh off a $100 million funding round, acquiring global transportation management provider Haven on Wednesday.
07 Apr 2021
Maersk is feeling pressure from customers and investors to decarbonize its operations, but the carrier says that pressure will bring the transparency needed to help accelerate its drive for carbon neutrality.
07 Apr 2021
The strong demand and high freight rates on trades out of Asia that led Cosco Shipping to a $1.50 billion net profit in 2020 have continued into 2021, with the state-owned carrier predicting a $2.35 billion profit in the first quarter alone.
07 Apr 2021
The growth in e-commerce is driving the need for shippers to manage all transportation modes in a single location.
07 Apr 2021
Five of the largest global container lines are adopting the Digital Container Shipping Association’s track-and-trace standards, a sign that carriers are starting to recognize that shippers’ need for standardization outweighs their desire to keep systems proprietary.
06 Apr 2021
Container shippers using Norfolk Southern’s service for inland rail moves have been seeing major delays from US East Coast ports.
06 Apr 2021
Alabama-based truckload carrier AMX is raising driver pay, but wants to do so in a way that will allow the carrier to maintain increased wages when demand – and rates – recede.
06 Apr 2021
A vaccination drive for longshore workers in the Port of New York-New Jersey aims to bring the workforce back up to pre-COVID-19 levels.
06 Apr 2021
Shippers holding out for a decline in the spot market have instead seen short-term rates maintaining their highly elevated levels through the first quarter, pushing cargo owners into contracts and driving up long-term rates.
05 Apr 2021
California legislators on Monday introduced a package of three bills they say will build upon legislation over the past two years that challenges trucking companies’ classification of drivers as independent contractors.
05 Apr 2021
US trucking companies reversed a three-month decline in jobs in March, but they haven’t escaped the employment crater created by the COVID-19 pandemic and recession.
05 Apr 2021
The MPV/HL market is on the upswing, but a lack of finance and lingering overcapacity will hold back investment in new ships.
05 Apr 2021
US East Coast ports will see more vessel calls and volume through April 20 due to the expected arrival of Suez-delayed container ships.
05 Apr 2021
Third-party logistics industry had a banner 2020, with double-digit revenue growth, according to SJ Consulting.
01 Apr 2021
US trucking companies already running at full capacity will soon be receiving even more freight as manufacturing activity expands.
01 Apr 2021
Toepfer's multipurpose rate index tracks recovery as container-side chaos continues to benefit the breakbulk market
01 Apr 2021
Container shipping lines are juggling port rotations to mitigate the coming post-Suez disruption at terminals serving Asia-Europe carriers as a wave of ships heads for ports at both ends of the trade.
01 Apr 2021
Shippers are facing unavoidable supply chain disruption and equipment shortages in the coming weeks in Europe and Asia as carriers revise port rotations in a struggle to recover lost schedules.
01 Apr 2021
Disruption to ocean markets from the almost week-long blockage of the Suez Canal has pushed up demand for air cargo out of Asia.
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