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container shipping news
Container Shipping News
Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity.
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Container lines
Forwarding
Trans-Pacific
Trans-Atlantic
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The latest Container Shipping News & Analysis
Mob ‘Schemes’ Persist on Docks, Monitor Says
Joseph Bonney |
Chasing racketeers from the New York-New Jersey waterfront is difficult but will protect workers and make the port more competitive, said a former prosecutor who helped a Bayonne, N.J., longshoremen’s
Maritime
Forwarding
NY-NJ Port Employers Challenge Monitor Plan
Joseph Bonney |
New York-New Jersey port employers are challenging a plan by the Waterfront Commission of New York Harbor for monitors to oversee companies that don’t qualify for commission operating licenses.
Maritime
Forwarding
FMC to Get Report on Ocean Capacity Probe
R.G. Edmonson |
The Federal Maritime Commission will receive Commissioner Rebecca F. Dye's report on her eight-month investigation into ocean carrier capacity and equipment shortages on Dec.
Transport, Trade and Regulation News
Container lines
Forwarding
UTi Worldwide Profit Surges 47 Percent
Thomas L. Gallagher |
UTi Worldwide profit surged 47 percent in the third quarter, primarily as a result of strong air freight growth, but the forwarder forecasts a slowdown in the fourth quarter.
Air Cargo
Forwarding
SeaFreight to Start Weekly Fla.-Central America Service
Peter T. Leach |
SeaFreight Line will launch a weekly fixed-day service to Costa Rica and Nicaragua in December.
Maritime
Container lines
Forwarding
CMA CGM Cut Carbon Emissions 15 Percent in Five Years
Peter T. Leach |
CMA CGM cut the amount of carbon emitted by its fleet of containerships 15 percent in the last five years, the ocean carrier said Wednesday.
Maritime
Container lines
Forwarding
More Shippers Reject Puerto Rico Antitrust Settlement
Joseph Bonney |
Wal-Mart, Walgreen, Unilever, Del Monte and Kraft are among an expanded list of shippers that have asked to be excluded from a $52.25 million class-action settlement for price-fixing that carriers in
Maritime
Container lines
Forwarding
Shipping Groups Seek Mandatory Container Weighing
Joseph Bonney |
The World Shipping Council and International Chamber of Shipping are calling for international regulations to require all loaded containers to be weighed at the marine terminal before they are stowed
Maritime
Container lines
Forwarding
Shanghai Spot Rate Falls to 10-Month Low
Bill Mongelluzzo |
The Shanghai Containerized Freight Index spot rate for shipments to the U.S.
Maritime
Container lines
Forwarding
Hanjin to Start Asia-East Coast Loop via Suez
Peter T. Leach |
Hanjin Shipping confirmed it plans to introduce a new AWE service, the AWE-6, from Asia to the U.S. East Coast via the Suez Canal next year.
Maritime
Container lines
Forwarding
CMA CGM to Impose New Rates, Peak Surcharges
Peter T. Leach |
CMA CGM announced rate increases and new peak season surcharges that will take effect in the next month or two on several of its trade lanes.
Maritime
Container lines
Forwarding
MSC Hikes Rates, Some Surcharges
Peter T. Leach |
Mediterranean Shipping Co. is advising its customers this week of a series of rate increases and changes in various surcharges that will take effect within the next month.
Maritime
Container lines
Forwarding
Port of Seattle Plans $500 Million in Capital Projects
Bill Mongelluzzo |
The Port of Seattle Commission authorized the 2011 budget that includes nearly $500 million in capital projects.
Maritime
Forwarding
Vancouver Truckers Protest Low Pay
Courtney Tower |
More than 400 owner-operators drove their trucks in a massive protest convoy on Highway 91 outside of Vancouver last Friday.
Trucking News
Forwarding
Trucking labor
Black Sea Collision Leaves Five Sailors Missing
Peter T. Leach |
A Sierra Leone-flagged cargo ship collided with a Dutch-flagged chemical tanker during a storm on Monday in the Black Sea and sank, leaving five sailors missing, according to government officials in S
Maritime
Forwarding
US Senate Passes Food Safety Bill
R.G. Edmonson |
The Senate Tuesday morning passed by a 73-25 vote a bill that would give the Food and Drug Administration added authority to keep contaminated food out of the food chain.
Transport, Trade and Regulation News
Air Cargo
Trucking News
Rail News
Forwarding
Truck Strike Halts Cargo at Cochin
JOC Staff |
Container truck drivers at India’s Port of Cochin Monday night launched an indefinite strike, halting cargo movements to and from India Gateway Terminal, which is managed by DP World.
Maritime
Forwarding
FMC to Focus on Containers, Contracting, Capacity
R.G. Edmonson |
The Federal Maritime Commission in 2011 will focus on the "Three Cs," containers, contracting and capacity, according to Chairman Richard A. Lidinsky Jr.
Transport, Trade and Regulation News
Container lines
Forwarding
Alphaliner Projects $13 Billion in Carrier Profits
Bruce Barnard |
Ocean container carriers are set to earn an all time high profit of $13 billion in 2010 after posting a record loss of $15 billion a year ago, a leading analyst forecast.
Maritime
Container lines
Forwarding
Robbers Steal Three Containers Near LA Port
Bill Mongelluzzo |
Robbers beat two employees of a Los Angeles harbor-area trucking company and stole three containers from the facility.
Maritime
Forwarding
SeaAxis Predicts Ship Oversupply into 2011
Joseph Bonney |
Vessel overcapacity for container ship lines is expected to worsen through April and persist through 2011, Paris-based SeaAxis said in its quarterly report on container shipping.
Maritime
Container lines
Forwarding
Steel Imports Tumble 13.7 Percent in October
Joseph Bonney |
Steel imports in October declined 13.7 percent from the previous month as demand softened and companies kept inventories tight.
Transport, Trade and Regulation News
Forwarding
Norbert Dentressangle Buys TDG
Bruce Barnard |
French trucking, logistics and forwarding company Norbert Dentressangle is buying UK road transporter and forwarder TDG.
Transport, Trade and Regulation News
Forwarding
Pirates Seize Malaysian Container Ship
Peter T. Leach |
Somali pirates captured a Malaysian container ship and its crew on Friday in the Indian Ocean.
Maritime
Container lines
Forwarding
TUI in Talks to Sell Hapag-Lloyd Stake
Peter T. Leach |
TUI, the German travel company that owns the biggest stake in Hapag-Lloyd, is working with three banks to prepare the sale of its stake in the container line, according to a report by Bloomberg News.
Maritime
Container lines
Forwarding
Puerto Rico Shippers Unsettled, Unmoved
Joseph Bonney |
Surprise visitors arrived at the headquarters of Horizon Lines, Sea Star Line and Crowley Maritime on April 17, 2008.
Maritime
Transport, Trade and Regulation News
Container lines
Look South for Free Trade Benefits
Alan M. Field |
A Central America Free Trade Agreement agreement may be the ticket President Obama needs to convince legislators and critics that he’s ready to kick start his administration’s export plan.
Forwarding
Rating Pacific Rates
Bill Mongelluzzo |
Ocean customers in the eastbound Pacific aren’t batting an eye over carrier intentions to increase freight rates by $400 per 40-foot container to the West Coast and $600 to inland and East Coast
Maritime
Container lines
Forwarding
A 60-Minute Stress Test
Bill Mongelluzzo |
Cargo volume moving through Los Angeles-Long Beach is slowing down in line with seasonal trends, but truck lines at marine terminals are getting longer.
Maritime
Forwarding
North American ports
Shippers Stacking Up More
William B. Cassidy |
Supermarkets and shopping malls don’t have rail sidings, truckers love to point out, but the intermodal industry is moving steadily closer to the store floor.
Intermodal providers
Rail News
Forwarding
Savannah Prepares to Dig Deeper
Peter T. Leach |
The Georgia Ports Authority may face more hurdles before a project to deepen the Savannah River to 48 feets gets under way, but it looks like the Army Corps of Engineers may be able to start the proje
Maritime
Transport, Trade and Regulation News
Forwarding
Seeking a Regulated Recipe
R.G. Edmonson |
A bill that would give the Food and Drug Administration new authority to regulate imported and domestic food chains is a critical piece of unfinished business before the lame-duck 111th Congress.
Transport, Trade and Regulation News
Forwarding
CMA CGM Reaches Debt Pact, Seeks Government Cash
Bruce Barnard |
French ocean carrier CMA CGM, in a broad overhaul of the its troubled finances, said Friday it has a new agreement to restructure its huge debt and also expects to get a new $150 million cash injectio
Maritime
Container lines
Forwarding
Zim Extends Recovery With $37 Million Profit
Bruce Barnard |
Israeli ocean carrier Zim turned a $37 million net profit in the third quarter after losing $208 million a year ago as increased cargo volumes, higher freight rates and lower costs helped the company
Maritime
Container lines
Forwarding
Maersk Reported Close to 18,000-TEU Ship Order
Bruce Barnard |
Maersk Line is close to placing an order for up to 20 container ships that would each be able to transport 18,000 20-foot ocean containers, breaking through industry standards for carrying capacity.
Maritime
Container lines
Forwarding
CMA CGM Strikes $500 Million Investment Deal
JOC Staff |
Container line CMA CGM announced an agreement Thursday with Turkey-based investment firm Yildirim Group that will push $500 million into the debt-ridden French carrier.
Maritime
Container lines
Forwarding
Cochin Port Extends Tariff Concessions
JOC Staff |
India's Cochin Port Authority announced plans to extend concessions on vessel-related charges granted at an earlier time to mainline vessels.
Maritime
Forwarding
Evergreen, MCC Start Joint Intra-Asia Service
Peter T. Leach |
Evergreen Line is entering into a vessel-sharing agreement with intra-Asian carrier MMC Transport to launch the Malaysia - Bangladesh Shuttle service.
Maritime
Container lines
Forwarding
Drewry Spot Pacific Rate Slides 5.7 Percent
Peter T. Leach |
The Drewry Container Rate Benchmark for trans-Pacific shipping fell 5.7 percent in the week ended Nov.
Maritime
Forwarding
Matson to Raise Rates 3.8 Percent
Bill Mongelluzzo |
Matson Navigation, joining the move by ocean carriers to announce price increases early heading into the New Year, said Thursday it plans to freight rates between Hawaii and the mainland by $120 per w
Maritime
Container lines
Forwarding
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