Container Shipping News

Dachser’s 2011 revenue jumped by 13 percent from a year ago to more than $5.6 billion as the German logistics group handled record volumes of air and ocean freight.

Container ship owner-charterer Seaspan has taken delivery of the seventh in a series of eight ships with capacities of 13,100 20-foot-equivalent units for charter to Cosco Container Lines.

Several major container carriers plan to implement general rate increases on trades to and from the Indian Subcontinent that are slated to take effect in May.

Maersk Line has started taking bookings again for cargo from North Europe to Asia following a near month-

Maersk Line plans to duplicate its Asia-Europe Daily Maersk service on other global trade lanes in future, but it is

Although the general rate increases of the last two months in the Asia-Europe and trans-Pacific trade lanes are being accepted by shippers, so much additional capacity is due for delivery this year th

Containerized imports at the Port of Seattle increased 5 percent in March over the same

Behind the scenes negotiations to settle a poultry anti-dumping case filed by Mexican producers against their U.S.

The number of foreign trade containers handled by the Port of Kobe in western Japan rose 3.9 percent in 2011 from a year earlier to about 2.1 million 20-foot-equivalent units (TEUs).

Containerized imports through the Port of Tacoma surged 14.6 percent and exports jumped 10.4 percent year-over-year in March, as Pacific Northwest port recovered from a weak February.

Trans-Pacific spot rates jumped 19.9 percent this week, according to the Drewry Hong Kong-Los Angeles Container Rate Benchmark, an indication that carriers’ April 15 rate increases are sticking.

The Federal Maritime Commission is seeking public comment on possible changes to NVOCC service arrangemen

The Port of Virginia handled 166,719 twenty-foot-equivalent units of containers in March, an increase of 4.4 percent from a year earlier.

The Retail Industry Leaders Association urged U.S.

In the current volatile freight rate environment on the major east-west trade lanes, shippers and carriers are slowly beginning to negotiate long-term contracts linked to various rate indices, but the

U.S. containerized exports in February rose 9.6 percent from a year earlier, driven by strong gains in paper and paperboard, building materials and refrigerated goods, PIERS data show.

Rotterdam’s container traffic declined 4 percent in the first quarter of 2012 from a year earlier to 2.8 million 20-foot equivalent units as fewer Asian imports were shipped to Europe’s bi

Hamburg Sud’s revenue grew 7 percent in 2011 from a year ago to $6.64 billion, driven mainly by a 9 percent jump in the German container and bulk carrier’s box traffic to 3.1 million 20-fo

Drewry Research and CargoSmart are joining forces to publish a wider range of key performance indicators aimed at helping importers and exporters to benchmark their ocean carriers’ service level

Hapag-Lloyd will impose a new round of general rate increases on its East Asia services, starting May 15.

More than three dozen customers of Sea Star Line and Crowley Liner services have filed a triple-damage antitrust lawsuit against the carriers, their parent companies and a former company official.

United Arab Shipping Co. has concluded a $150 million financing deal that includes a seven-year senior term loan facility with Burgan Bank’s corporate finance group.

Container volumes at the ports of Los Angeles and Long Beach bounced back strongly in March following a weak Februar

The TT Club, a mutual insurer of transport and logistics risk, reported a 90.6 percent drop in net income on Monday to $1.2 million last year from $12.8 million in 2010 (which included income from pri

Maersk Mc-Kinney Moller, the legendary Danish shipowner who helped build Maersk Line into the world’s biggest ocean container carrier, died today. He was 98.

Ocean carriers are preparing a fresh round of rate hikes on the Asia-Europe trade, taking advantage of stronger-than-expected cargo growth and a resilient spot market to move out of the red.

Abu Dhabi Terminals saw volume rise 47 percent year-over-year in 2011, reaching 767,713 20-foot equivalent units.

Evergreen Line said it will charter 10 ships with capacities of 13,800 20-foot equivalent units.

Refrigerated shipments are expected to grow along with the world’s middle class, but a representative for U.S.

Bilateral negotiations to end agricultural trade disputes failed with 46 nations, the European Union, the Gulf Cooperation Council and the South African Development Community, according to a new repor

China’s consumers spent $962.8 billion in grocery stores last year, pushing the country to the world’s top spot in grocery store spending.

Saratoga Honda’s parking lot is full of new cars, a sharp contrast to last summer, when the auto dealer’s supply chain was severed twice, first by the tsunami in Japan and later by floods

A month after the U.S.-South Korea free trade agreement took effect, U.S. pork producers, cattle ranchers and fresh fruit and vegetable growers are ecstatic.

After a mighty bluster in the run-up to negotiations for a new contract at East and Gulf Coast ports, the tone and rhetoric from the nation’s second-largest longshore union and its management co

First came the Facebook posts that got shared and reshared. Within a few days, “pink slime” was a trending topic on Twitter.

The Georgia Ports Authority added 20 refrigerated container racks at the Port of Savannah’s Garden City Terminal.

Analysts and economists at the U.S. Department of Agriculture are full of good news about sales prospects for U.S. farm goods.

The Port of Wilmington, Del., handled 5,084,478 tons of cargo last year, up 26 percent from 2010, and achieved the highest general cargo tonnage throughput since the port’s 1995 acquisition by t

Investors in the container industry are likely to see disappointing returns in the coming years as Asia’s export growth rates slow now that the outsourcing production from Europe and the U.S.

Maersk Line expects to lose money this year despite recent rate increases, A.P. Moller-Maersk Chairman Michael Pram Rasmussen told shareholders at the parent company’s annual meeting.