Several container lines have scheduled rate hikes in multiple trade lanes from April to May, although any increases achieved could be temporary...
International Freight Shipping
News relating to the import and export business, including customs, current economics and more.
News & Analysis
06 Mar 2014
LONG BEACH, Calif. — Ongoing congestion problems at container terminals across the U.S. are creating a collective nightmare for ports, drayage companies and shippers, costing as much as $350 million a year, speakers said at the 14th annual TPM conference here.
05 Mar 2014
NOL Group will return to profit this year by concentrating on its core Transpacific business and reaping the benefits of its sizeable port holdings, according to one equity analyst firm.
03 Mar 2014
Forecasters expect modest growth in U.S. and global shipments of refrigerated cargoes in containers.
03 Mar 2014
LONG BEACH, Calif. — Ocean shipping lines will grab even more freight from airplane cargo bellies, as international shippers shift freight toward lower cost transportation options, according to Frederick W. Smith, chairman, president and CEO of $45 billion transport operator FedEx.
03 Mar 2014
LONG BEACH, Calif. — A rising tide of protectionism, combined with “low-growth” policies, is impeding the global economic recovery and could threaten historic levels of prosperity, Frederick W. Smith, the chairman, president and CEO of global transport operator FedEx, said today.
02 Mar 2014
Japan becomes the latest country to require information from shippers of containerized cargo before the cargo heads to sea, with its 24-hour advanced manifest rule coming into force.
28 Feb 2014
Spot container freight rates from Shanghai to northern European and Mediterranean ports fell about $120 per TEU in the week of Feb. 28...
28 Feb 2014
Multiple container lines hope to increase rates in a variety of trade lanes from March through June, although any hikes achieved could be fleeting...
27 Feb 2014
Maersk Line today posted a lower profit for the fourth quarter of 2013, but its full-year profit tripled, thanks to higher volumes and steep cost cuts, which offset lower freight rates.
Commentary
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