Forwarding

Several carriers have planned general rate increases in multiple trade lanes in May and June, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.

China’s relentless urbanization will likely keep imports of U.S. containerized logs and lumber brisk in the coming year.

The Port of Rotterdam Authority has signed a joint venture with a Brazilian consortium to develop a new deep-sea multi-purpose port in South America’s largest nation.

Similar to how airline ticket aggregator sites find passengers the cheapest airfare, a new deal between e-shipping platform INTTRA and multimodal rate provider Catapult International will allow shippers and freight forwarders to find carrier rates online before they book shipments through INTTRA.

Multiple carriers have scheduled general rate increases in various trade lanes in May, June and July, although any gains achieved could be fleeting as overcapacity and sluggish global demand continues.

CHICAGO — The Canadian ambassador to the U.S. yesterday said the United States should use all of its harbor maintenance taxes for U.S. port work and shouldn’t impose a fee on U.S.-bound containers coming through Mexican and Canadian ports.

Japan’s containerized cargo trade will remain almost unchanged in fiscal 2014, which started on April 1, from the previous fiscal year, a Tokyo-based research firm predicted in a new report.

Container ships are running full on the westbound trans-Atlantic as shippers scramble to complete their annual contract negotiations with carriers at a time when the new P3 Network and other expanding alliances have not yet finalized their new service schedules.

U.S. agricultural shippers say requirements by Japan, the European Union, and China for advance submission of cargo documents are creating a trade barrier for U.S. exports of perishable goods.

Container traffic in Rotterdam inched up just 0.3 percent in the first quarter, as Europe’s biggest container hub confronted continuing overcapacity in the Le Havre-to-Hamburg port range and changes in the container shipping sector.

Vehicle carriers are increasing their share of the roll-on, roll-off market while conventional ro-ro vessels are in decline, according to a new report by the Dutch consulting firm Dynamar.

U.S. containerized import volume jumped 15.1 percent year-over-year in March 2014, the largest increase in 13 months, according to advance figures from PIERS, the data division of JOC Group Inc.

Multiple carriers have planned rate increases in various trade lanes in April and May, although any gains achieved could be fleeting as overcapacity and lackluster global demand continues.

The number of foreign trade containers handled by the Port of Osaka in western Japan rose to a new record high in 2013, according to preliminary figures from the Osaka municipal government.

U.S. shippers in the coming weeks will engage in a full-court press on Capitol Hill and at the White House to voice the importance of preventing labor disruption at West Coast ports as the expiration of the current coastwise longshore agreement approaches.

The 2013 financial reporting season for container lines ended for many carriers in a sea of red ink as high bunker prices and weak freight rates combined to drag down profits.

The ports of Los Angeles and Long Beach handled 40.9 percent of all U.S. containerized imports in 2013, and 25.5 percent of U.S. exports.

Multiple carriers have planned rate increases in various trade lanes in April and May...

NEWPORT, R.I. — Retailers are stepping up their criticism of management and labor in the upcoming West Coast longshore negotiations, saying they should give shippers the predictability they are looking for by using the time between now and the June 30th contract expiration to get a deal done.

WASHINGTON — A group representing agricultural shippers and forwarders has warned members to prepare for labor disruptions and slowdowns at U.S West Coast ports starting in June and to make contingency plans

South Carolina’s new inland port at Greer will get a big increase in the volume of autos and containers it handles for rail shipment to and from the Port of Charleston over the next couple of years. The leg up will come from the $1 billion investment that BMW announced March 28 to expand production at its automobile plant in nearby Spartanburg over the next two years.

Multiple carriers have planned rate increases in various trade lanes in April and May, although any gains achieved could be fleeting as overcapacity and lackluster global demand continues.

Staring at an incremental bill for low-sulfur fuel estimated at $75 billion to $100 billion per year for container ships beginning in 2020...

WASHINGTON — Federal Maritime Commission Chairman Mario Cordero told Congress today that commissioners were reviewing a memorandum that mitigates some of the shipping industry’s concerns with the agency’s proposed overhaul of ocean transportation intermediary rules.

The container shipping industry’s supply and demand will become “finely balanced” this year...

Nearly half of all incidents and problems that disrupted container lines’ operations in 2013 cited misdeclaration of cargo, an almost fivefold increase from 2012...

Li & Fung, the Hong Kong-based consumer goods sourcing, logistics and distribution group, has acquired China Container Line as part of a new restructuring strategy...

DVB Bank, one of the leading financiers to the international transport sector, today posted a decline of almost 12 percent its net income for 2013 as it made record loss provisions for loans to the crisis-hit maritime industry, including container shipping.

Growing numbers of shippers and freight forwarders are signing index-linked container contracts (ILCCs) with ocean carriers in response to increased market volatility, according to Drewry Maritime Research.

The millennia-old insurance principle called general average, which pools the cargo and hull liabilities in a marine disaster, won’t work in an age when container ships of up to 18,000 20-foot equivalent units might be lost.

Several container lines have scheduled rate hikes in multiple trade lanes from April to May, although any increases achieved could be temporary...

The rolling wave of storms that hit the U.S. from December through February cost $45 billion FedEx about $125 million and cut into package volumes...

The global air cargo business has been losing market share to ocean freight over the past 13 years as shippers seek less costly transport solutions in ocean freight.

Wallenius Wilhelmsen Logistics today was fined ¥3.5 billion (about US$34.6 million) by the Japanese Fair Trade Commission for participating in a cartel...

Manuel Coronel Kautz, the president of the Nicaraguan Canal Commission, has announced that the traditionally proposed Nicaragua canal route up the San Juan River...

As container ships grow ever-bigger, the potential of catastrophic losses is also growing.

In the 14-year growth of INTTRA, it has evolved from a startup launched by several carriers as an online cargo-booking service for their customers into a portal where shippers can see where...

Several container lines have scheduled rate hikes in multiple trade lanes from April to May, although any increases achieved could be temporary...

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.

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.