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News and analysis of ocean containerized cargo movement, logistics, supply chains, technology, and end-to-end connectivity

The latest Maritime News & Analysis

Not all recent import share loss on West Coast is permanent: analyst

Larry Gross, president and founder, Gross Transportation Consulting; and JOC analyst | Mar 20, 2023, 10:03 AM EDT

As the US West Coast’s share of import TEU has fallen in recent years, analyst Larry Gross notes there is an important difference between declines due to sourcing location changes and declines due to loss of share by region.
MaritimeContainer shippingContainer linesTrans-PacificNorth American ports

New IMO rule at odds with practical realities: breakbulk executives

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift, and Keith Wallis, Special Correspondent | Mar 17, 2023, 3:50 PM EDT

Breakbulk industry executives warn new rules aimed at reducing vessel emissions could incentivize vessel operators to implement measures that increase emissions in other areas of the supply chain.
Breakbulk shippingBreakbulk carriersTransport, trade and regulation

IEPs file brief siding with ocean carriers in FMC chassis dispute

Ari Ashe, Senior Editor | Mar 17, 2023, 2:14 PM EDT

The independent equipment providers say upending the current business model would create additional chassis shortages and invoicing problems that would inconvenience cargo owners.
Transport, trade and regulationContainer linesDrayage

US imports from Asia hit three-year low in February: data

Bill Mongelluzzo, Senior Editor | Mar 17, 2023, 9:07 AM EDT

February marked the sixth consecutive month of year-over-year declines in Asian imports, but those declines are being compared with the record or near-record import volumes that were posted in late 2021 and early 2022.
Container shippingContainer linesTrans-PacificNorth American ports

WiseTech Global weighing US domestic tech acquisition options: CEO

Eric Johnson, Senior Technology Editor | Mar 17, 2023, 8:41 AM EDT

Widely used forwarding software provider WiseTech Global will pursue further US landside logistics technology targets in 2023, its CEO says.
Logistics technologyContainer shippingForwarding

Berth upgrade work sparks vessel bunching, truck buildups at India’s JNPT

Bency Mathew, Special Correspondent | Mar 17, 2023, 8:15 AM EDT

Delays began to build after an equipment upgrade project to enhance productivity and capacity at APM Terminals Mumbai put one of its berths out of commission for six months.
International portsContainer shippingContainer lines

US draft legislation seeks to update OSRA-22, boost China scrutiny

Teri Griffis, Associate Editor | Mar 16, 2023, 5:19 PM EDT

The bill would heighten transparency into regulatory penalties levied against ocean carriers and marine terminal operators and draw a sharp line on the involvement of China-based entities in US shipping.
Transport, trade and regulationContainer shippingContainer linesPortsNorth American ports

Shipper group wants more FMC action on dwell fees, ERDs

Teri Errico Griffis | Mar 16, 2023, 12:50 PM EDT

An advisory group created by the FMC two years ago is pushing the agency to act on several key issues, but some members have expressed frustration over the response from regulators.
Transport, trade and regulationContainer shippingContainer lines

As European recession fears fade, hopes build for restocking surge

Greg Knowler, Senior Editor Europe | Mar 16, 2023, 10:52 AM EDT

The European consumer goods and retail sectors are steadily working their way through excess inventory piled up at warehouses, with growing expectations of a second-half return of demand.
MaritimeContainer shippingAsia-Europe

MSC makes moves to upsize, launch standalone services

Greg Knowler, Senior Editor Europe | Mar 16, 2023, 9:56 AM EDT

The 2M Alliance has closed one of its six Asia-North Europe services as MSC prepares for a wave of megaship capacity to be delivered in the next two months.
MaritimeContainer shippingAsia-Europe

Wan Hai consolidates USEC services as market takes ‘breather’

Michael Angell, Associate Editor | Mar 15, 2023, 3:11 PM EDT

Wan Hai’s two pandemic-era US East Coast services will be merged in a move designed to provide more regular capacity.
Container linesNorth American ports

US regulators approve CP-KCS merger to form first US-Canada-Mexico rail

Ari Ashe, Senior Editor | Mar 15, 2023, 2:31 PM EDT

In approving the $31 billion merger, the Surface Transportation Board rejected arguments from the FMC and competing railroads that the deal would harm US ports and shippers.
North-American railNorth American portsSurfaceTransport, trade and regulation

North American longshore labor talks span coast to coast

Mark Szakonyi, Executive Editor | Mar 15, 2023, 2:15 PM EDT

The rare occurrence – in which multiple longshore labor negotiations across North America are taking place either simultaneously or nearly so — is enough to make shippers nervous, or at least wary, writes Journal of Commerce Executive Editor Mark Szakonyi.
Longshore laborMaritimeContainer shippingContainer linesTrans-PacificTrans-AtlanticNorth American ports

Upturned trans-Pacific market delaying service contract deals

Bill Mongelluzzo, Senior Editor | Mar 15, 2023, 11:02 AM EDT

Some importers who were ready to finalize their contract negotiations with carriers have pulled back because spot rates in the eastbound trans-Pacific continue to the decline.
MaritimeContainer linesTrans-Pacific

Freightos’ 2022 financials reveal losses amid improving operating margins

Eric Johnson, Senior Technology Editor | Mar 14, 2023, 5:20 PM EDT

Freight rate booking marketplace Freightos said its unprofitable business is seeing improving margins and that scale will help it past the breakeven point.
Logistics technologyContainer shippingContainer linesForwardingAir CargoAir cargo carriersAir cargo forwarding

Wan Hai faces $950,000 fine under revised FMC settlement over detention charges

Teri Errico Griffis | Mar 14, 2023, 4:51 PM EDT

Wan Hai is now looking at a larger civil penalty than it faced nearly a year ago following an investigation into detention charges the carrier assessed in the spring of 2021.
MaritimeContainer shippingContainer linesNorth American portsTransport, trade and regulation

MSC drops India calls on intra-Asia string amid network realignment

Bency Mathew, Special Correspondent | Mar 14, 2023, 11:03 AM EDT

MSC and other leading carriers serving Indian trades have been reorganizing their service networks and vessel deployments in a bid to match excess capacity with weakening demand conditions.
Container shippingContainer linesInternational ports

Global supply chains not quite back to pre-pandemic norms: analyst

Jason Miller, associate professor of logistics at Michigan State University, and JOC analyst | Mar 14, 2023, 10:29 AM EDT

A variety of data sources suggest it is premature to conclude that supply chain bottlenecks have reverted to their pre-COVID levels, as issues continue to be more pervasive than before the pandemic, writes analyst Jason Miller.
Supply ChainContainer shippingNorth American portsInternational ports

FMC outlines $44 million budget request to enhance market oversight

Michael Angell, Associate Editor | Mar 13, 2023, 5:34 PM EDT

The Federal Maritime Commission is preparing to ask for another big increase in its budget as it looks to increase market surveillance and enforce OSRA-22.
Transport, trade and regulationContainer shipping

‘Precipitous’ fall in ocean spot market near bottom: Zim CFO

Greg Knowler, Senior Editor Europe | Mar 13, 2023, 3:37 PM EDT

Restocking by US retailers will spur demand on the trans-Pacific and arrest the steep drop in freight rates in the second half of the year, according to Israel-based carrier Zim.
MaritimeContainer shippingContainer linesTrans-Pacific