Maritime

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

The Latest Maritime News & Analysis

C.H. Robinson reaffirms commitment to global forwarding business

William B. Cassidy, Senior Editor | Feb 2, 2023, 3:25 PM EST

The largest US logistics provider claims “compelling results” from cross-selling surface transportation and air and ocean services, despite weak market conditions.
Air CargoMaritimeTruckingSupply Chain

Rapid container rate decline complicates payment picture for shippers

Eric Johnson, Senior Technology Editor | Feb 2, 2023, 12:07 PM EST

US importers that renegotiated contract rates or shifted to the spot market in the second half of 2022 have also had to adjust to different accessorial charges and transmission formats.
Container shippingLogistics technologyContainer lines

MSC opens more direct port connections for Indian exporters as volumes taper

Bency Mathew, Special Correspondent | Feb 2, 2023, 10:41 AM EST

The expansion of origin-to-destination ocean connectivity with predictable transit time improvements is a boon for Indian exporters trying to find untapped markets for their products amid slowing demand.
Container shippingContainer linesInternational ports

DSV books record result for 2022, but warns that bull run for profits is over

Greg Knowler, Senior Editor Europe | Feb 2, 2023, 9:35 AM EST

Denmark’s DSV collected record profits for 2022, but the forwarder says a return to a more “normal” market has begun.
ForwardingAsia-EuropeTrans-PacificTrans-AtlanticAir cargo forwarding

2M breakup throws carriers’ operating playbook out the window

Peter Tirschwell | Feb 2, 2023, 9:00 AM EST

The breakup of the 2M Alliance opens the door to a few possibilities, including the industry reverting to a competitive scramble for market share, driving down profits and forcing yet another round of M&A activity, writes Peter Tirschwell.
MaritimeContainer shippingContainer lines

Freightify lands funding to target digital rate management in North America

Eric Johnson, Senior Technology Editor | Feb 2, 2023, 1:00 AM EST

Technology provider Freightify is aiming to empower forwarders to build an online quoting presence that would lessen their reliance on rate marketplaces.
ForwardingLogistics technology

Improved US cargo flow drives continued gains in trans-Pacific schedule reliability

Bill Mongelluzzo, Senior Editor | Feb 1, 2023, 3:18 PM EST

The return of US ports to normal cargo flow is demonstrated starkly in the year-over-year comparisons of vessel schedule reliability in the Asia-US trade.
MaritimeContainer shippingMarine terminalsContainer linesNorth American portsTrans-Pacific

Sourcing shift from China pulls US import share to more than a decade low

Mark Szakonyi, Executive Editor | Feb 1, 2023, 9:42 AM EST

Data shows US importers are walking the walk when it comes to sourcing diversification, slowly moving trade flows away from China and toward Vietnam, India, and South Korea, writes Journal of Commerce Executive Editor Mark Szakonyi.
MaritimeContainer shippingContainer linesNorth American portsInternational portsTrans-Pacific

Norfolk Southern adds to Southeast intermodal capacity with new cranes

Michael Angell, Associate Editor | Jan 31, 2023, 4:02 PM EST

Norfolk Southern’s plan to bring more capacity to its international intermodal business this year has kicked off with new cranes enabling the stacking of marine containers at its Austell ramp in Georgia.
Container shippingNorth American portsNorth-American railIntermodal providers

Asia-Europe spot rates soften to pre-pandemic levels

Greg Knowler, Senior Editor Europe | Jan 31, 2023, 2:14 PM EST

Carriers have entered 2023 with too much supply and not enough demand on the Asia-Europe trade, with rates continuing their downward spiral through January.
Container shippingContainer linesAsia-Europe

Savannah aims for more cold-chain cargo with new reefer racks

Michael Angell, Associate Editor | Jan 31, 2023, 1:29 PM EST

The Port of Savannah says plans for additional reefer rack capacity will add to its market share for cold chain imports coming into the US Southeast and Gulf Coast.
Container shippingNorth American portsCool Cargoes

ONE cuts profit forecast on persistent market weakness

Greg Knowler, Senior Editor Europe | Jan 31, 2023, 11:32 AM EST

The first 2022 financial results from ocean container carriers are filtering in, revealing the impact of collapsing rates and demand on profitability levels.
Container shippingContainer linesPortsAsia-EuropeTrans-Pacific

Magaya gets cash infusion to fuel customs-led international growth

Eric Johnson, Senior Technology Editor | Jan 31, 2023, 10:25 AM EST

The software arms race taking place in the global forwarding space shows no signs of relenting, with Miami-based Magaya getting growth capital to fuel its international ambitions.
ForwardingLogistics technology

Spread between East, West coast ocean spot rates returns to pre-pandemic levels

Bill Mongelluzzo, Senior Editor | Jan 30, 2023, 5:11 PM EST

The premium rate that importers had been paying to ship Asian imports through the US East Coast has dropped considerably over the past few months, allowing the spread between East and West coast spot rates to narrow to pre-pandemic levels.
MaritimeContainer shippingNorth American portsTrans-Pacific

Ro/ro executive Batista joins GPA as port gears up for expansion

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift | Jan 30, 2023, 3:22 PM EST

A long-time ro/ro executive with Wallenius Wilhelmsen will shift his focus to container BCOs in a new position with the Georgia Ports Authority.
Breakbulk shippingRo/ro cargo

FMC drops bid to use OSRA-22 for emergency data sharing

Michael Angell, Associate Editor | Jan 30, 2023, 2:59 PM EST

A Federal Maritime Commission member’s attempt to force marine terminals and ocean carriers to share more data under OSRA-22 has ended with the normalization of the ocean freight market.
Transport, trade and regulationContainer shippingPorts

Investors fuel drayage software provider PortPro with $12 million in funding

Eric Johnson, Senior Technology Editor | Jan 27, 2023, 2:49 PM EST

Investors see drayage as an area rife for technological improvement, with software provider PortPro the latest startup to secure funding to empower port truckers.
Logistics technologyTruckingPortsDrayage

NY-NJ marine terminals offering up more data to improve truck flow

Michael Angell, Associate Editor | Jan 27, 2023, 1:29 PM EST

Last year’s container surge prompted a harder look at information sharing for container availability and port operations, which New York-New Jersey marine terminals are responding to with new data.
Transport, trade and regulationContainer shippingNorth American ports

ILWU ‘sending message’ to West Coast terminals as contract talks drag on

Bill Mongelluzzo, Senior Editor | Jan 27, 2023, 11:42 AM EST

West Coast stakeholders are speaking up against the ILWU, saying contract-related job actions taken by longshoremen are impeding their ability to take delivery of containers at key ports.
Longshore laborContainer shippingNorth American portsTrans-Pacific

Sealand, Hamburg Sud names to disappear in broad Maersk rebranding

Keith Wallis, Special Correspondent | Jan 27, 2023, 11:18 AM EST

Maersk’s move to integrate brands comes days after the carrier and Mediterranean Shipping Co. announced plans to end their 2M alliance and the recent appointment of a new A P Moller - Maersk executive board that starts work on Feb. 1.
MaritimeContainer shippingContainer lines