Forwarding

Orient Overseas Container Lines took delivery Tuesday of the last in a line of 16 vessels with a capacity of 4,578 20-foot equivalent container units that it ordered from Samsung Heavy Industries.

Net profit for the Shipping Corporation of India fell 60 percent to $82 million in the year ending March 31 as the global economic downturn hit the national carrier.

The three carriers that belong to the AAUS Group — APL, Hamburg Sud, Hapag-Lloyd and Hyundai Merchant Marine — are teaming up with Maersk Line to add a peak-season service string to the tw

Hanjin Shipping said Tuesday it will start converting its fleet of refrigerated containers this month over to what it calls “eco-friendly” reefers.

Hayden Swofford hopes he never sees another year like 2009. Aided by a weakened dollar, the forest products exporters he represents had plenty of cargo to sell.

Agriculture interests reaped the benefits of a bumper export market in the first quarter. Now they hope to sustain it.

Apple’s unveiling of its iPad this year prompted widespread debate about the impact of the device on the future of book publishing, but its immediate impact on shipping was unquestioned and very

Automakers and their suppliers are steering out of a recession that took them on their bumpiest road in decades.

U.S. chemical exporters are optimistic about the future.

The footwear and apparel industries are gaining traction in 2010, but sellers and manufacturers realize they’ll have to walk before they run.

Capital goods make up 40 percent of U.S. exports, and industrial machinery represents 57 percent of the capital goods shipped abroad, according to the National Association of Manufacturers.

There was a time when Smithfield Foods was famous only for the smoked hams it made in its namesake Virginia city.

When the ratio of U.S.

Tipplers downsized during the recession. When you lose your job, you look for any way you can to save money.

Do shippers really care if their goods move by contract or tariff?

Rising volumes and rates are starting to yield profits for container ship lines, but the industry still faces a vexing problem: what to do with all those ships ordered a few years ago.

When the 2008-09 recession hammered consumer spending in the U.S., analysts pondered whether its length and persisting unemployment would permanently change consumer habits.

For toy manufacturers selling in the world’s largest consumer market, 2010 is all about mobility and affordability.

Remember “green shoots?” A year ago, U.S. importers and exporters were scouring economic indicators for any signs of improvement in dismal market conditions.

Stanley Furniture’s decision to close its plant in the small town that bears its name fell like a hammer blow on southern Virginia and resounded across an industry increasingly moving overseas.

The U.S. cotton industry expects to have a strong 2010 with planted acreage growing over 2009, which will mean higher production in a harvest that goes from July into next January.

In good times and bad, ocean carriers look to scrap metals and wastepaper to fill their vessels in the export trades, and 2009 was no exception.

U.S. imports of steel mill products increased in April over March by 0.9 percent, reflecting steady but slow improvement in market conditions.

Orient Overseas Container Line effective July 1 will increase its rates from Southeast Asia, the Indian subcontinent and the Middle East to Australia by $250 per-TEU.

The Antwerp Port Authority acquired a minority stake in a Belgian inland container terminal outside the port area that will be operated by DP World, the global ports group.

With public budgets stretched thin, governments should be doing more to encourage private investment in needed infrastructure, the CEO of Neptune Orient Lines told an international panel of transport

American meat exporters are struggling with a “dire” shortage of shipping containers that could slow resurgent sales to Asia and other overseas markets, the top executive of the U.S.

Container throughput at the six container terminals in New York Harbor in the first quarter of 2010 increased by 9.6 percent over the same quarter last year though overall port activity remains 6 perc

India’s Port of Cochin will offer concessions on vessel-related charges for mainline container vessels calling at its International Container Transshipment Terminal, the country’s first tr

Japan's trade surplus with the rest of the world ballooned about 15-fold in April from a year earlier to $8.25 billion thanks to a robust growth in exports, according to preliminary figures released b

Container volume at the port of Marseilles increased 17 percent in April, adding to the strong upturn that marked the first quarter of the year.

Zim Integrated Shipping Services narrowed its first quarter loss to $82 million from $119 million a year ago as increased cargo volumes outweighed lower ocean freight rates.

Maersk Line said it will implement previously announced rate hikes on the trans-Atlantic trades in the second half of the year despite a recent improvement in market conditions.

Danaos cancelled an order for three container ships at a South Korean shipyard, the NYSE-listed container charter shipowner confirmed Thursday.

Expeditors International of Washington says its air freight tonnage soared 49 percent in April, growing faster than the 18 percent gain in the freight forwarder’s ocean volume.

A vessel coming in from the Gulf of Mexico requested inspection and cleaning Tuesday before entering the Mississippi River, the first time that’s happened since the oil spill that has been sprea

Japan’s Mitsui OSK Lines and Russia’s Far Eastern Shipping Company are doubling the frequency of their joint service between Japan and Russia.

The World Shipping Council appointed John Butler as its general counsel.

Hapag-Lloyd plans to implement general rate increases for cargo shipped from North America to ports in the Indian subcontinent and the Middle East, effective July 1.

The idled container ship fleet shrunk by nearly one million 20-foot equivalent units in the past six months as ocean carriers launched new services to keep pace with rising cargo demand in the summer