Maritime

The Journal of Commerce is the industry’s source for maritime news and analysis about ocean container shipping, logistics, supply chains, global shipping ports, shipping technology solutions and end-to-end connectivity. Coverage tracks the movement of containerized cargo — from origin to destination — handled by marine terminals in the US and abroad, depots, container ports, container lines, drayage, consignees and shippers, forwarders, non-vessel operating common carriers (NVOCCs) and off-dock warehousing providers, as well as pricing, capacity, volume and reliability on the trans-Pacific, Asia-Europe, North America-Caribbean, Central and South American and intra-Asia trades.

The latest Maritime News & Analysis

TPM23: Trans-Pacific shippers warned of wave of spring blank sailings

Teri Errico Griffis, Associate Editor |
If container lines don’t significantly blank capacity in March and April, spot rates on the eastbound trans-Pacific will fall further, according to the CEO of Sea-Intelligence Maritime Analysis.
Container Shipping News

TPM23: US can’t quit China, but trade needs to de-risk: Petraeus

Michael Angell, Associate Editor |
US shippers are entering an era of greater risk in China trade, retired Gen. David Petraeus warned, but the two largest global economies will remain linked despite moves to source goods elsewhere.
Trans-PacificContainer Shipping NewsTransport, Trade, and Regulation News

TPM23: Resilient US economy may avoid recession in 2023: economist

William B. Cassidy, Senior Editor |
The forecast for the US and global economies is brighter than a year ago, with reduced risk of recession, thanks in part to the “decongestion” of supply chains, economist Nariman Behravesh said at TPM23. 
MaritimeContainer Shipping NewsSupply chain

Hapag-Lloyd inks LNG deal to power incoming mega-ship fleet

Greg Knowler, Senior Editor Europe |
Hapag-Lloyd is the latest carrier to sign a supply deal with a major energy company aimed at locking in the volumes of alternative fuel required to drive new dual-fuel ships.
MaritimeContainer Shipping NewsContainer linesTrans-PacificTrans-AtlanticAsia-Europe

TPMTech23: ‘Purchase order management’ the new catchphrase in logistics

Bill Mongelluzzo, Senior Editor |
Retailers are discovering the importance of closely managing purchase orders as increasingly complex trans-Pacific supply chains spawned by the pandemic highlight the need for a heightened hands-on approach.
Logistics Technology NewsContainer Shipping NewsTrans-PacificSupply chain

Rate hikes resurface on India-US trades as carriers try capacity readjustments

Bency Mathew, Special Correspondent |
Encouraging carriers in their somewhat tentative bid to raise rates from recent lows are India’s trade indicators, including the country’s role as a sourcing alternative to China.
Container Shipping NewsContainer linesNorth American portsInternational ports

ILWU, PMA hope to reach West Coast contract deal ‘soon’

JOC Staff |
The rare joint statement comes amid growing frustration among US importers and West Coast ports that more than nine months of talks have yet to produce a new labor deal, causing a shift of cargo to ports along the East and Gulf ports.
Longshore laborContainer Shipping NewsMarine terminalsNorth American ports

Loss of Russian trade pulls down Rotterdam container volume

Greg Knowler, Senior Editor Europe |
Europe’s three biggest container shipping ports reported falling volumes in 2022, with throughput dragged lower by geopolitics, COVID-19, and economic headwinds.
International portsContainer Shipping NewsAsia-EuropeMarine terminals

GSBN, Navis partner to help exporters track ERD changes

Eric Johnson, Senior Technology Editor |
The Global Shipping Business Network is giving exporters an app that would track changes to earliest return dates across container terminals that use Navis terminal operating systems.
Logistics Technology NewsContainer linesMarine terminals

SC Ports ends Saturday hours at Leatherman amid slowing calls

Teri Errico Griffis |
The move by the South Carolina Ports Authority to cut hours at the Leatherman terminal comes a month after Hapag-Lloyd announced it would no longer call the facility amid an ongoing labor battle.
Container Shipping NewsContainer linesMarine terminalsNorth American ports

BlueCargo will use new investment to expand container platform nationwide

Eric Johnson, Senior Technology Editor |
Rising demand from importers reckoning with the costs of detention and demurrage have fueled an $11 million investment into container management provider BlueCargo.
Logistics Technology NewsContainer Shipping NewsMarine terminalsNorth American ports

Retail inventories to weigh on trans-Pacific through H1: Matson

Michael Angell, Associate Editor |
Matson’s chief executive told investors that trans-Pacific volumes may not recover until the back half of 2023 due to a persistent inventory overhang among retail shippers.
Container linesContainer Shipping News

Operator ICTSI makes $343 million bid for new Melbourne container terminal

Keith Wallis, Special Correspondent |
The port is unlikely to decide for another year or so how the terminal will be developed, meaning it could negotiate with ICTSI over its proposal or invite bids from other terminal operators.
MaritimeContainer Shipping NewsMarine terminalsInternational ports

Southeast, Gulf ports expect container uplift from electric vehicle plants

Michael Angell, Associate Editor and Teri Errico Griffis, Associate Editor |
With just under $50 billion in fresh investments unveiled last year for electric vehicle manufacturing plants in North America, ports in the Southeast and along the Gulf Coast are expecting additional volumes to soon be moving across their docks.
North American portsContainer Shipping NewsIntermodal providersNorth-American rail

Centerm terminal expansion gives Vancouver critical boost in capacity

Bill Mongelluzzo, Senior Editor |
Canada’s largest container port is on a growth trajectory in which it is forecast to hit capacity by the middle to end of this decade following average annual growth of 5 percent over the past 10 years.
North American portsContainer Shipping NewsMarine terminals

Tampa approves plans to build transloading facility adjacent to port

Teri Errico Griffis |
Tradepoint Atlantic will design and construct a 500,000-square-foot warehouse distribution center that will help ease the flow of cargo through Port Tampa Bay.
Port NewsNorth American ports

Russia picks up rail freight slack as China-Europe volume slumps

Greg Knowler, Senior Editor Europe |
Official data shows overall volumes on the China-Europe rail network rose 6 percent last year over the then-record throughput handled in 2021, but there is no distinction between cargo destined for Europe or Russia.
Rail NewsForwardingAsia-EuropeInternational railIntermodal providers

UP shifting to stacked container operation at Joliet for California imports

Ari Ashe, Senior Editor |
Union Pacific is changing operations at its terminal outside Chicago in a bid to prevent future disruption by creating stacks for containers arriving from California, a move that will affect tens of thousands of ocean boxes per month.
Rail NewsNorth American portsIntermodal providersNorth-American rail

ONE commits to sensor-equipped dry container fleet

Eric Johnson, Senior Technology Editor |
Singapore-based Ocean Network Express, the sixth-largest global container line, will work with a division of Sony to track its global fleet of boxes.
Logistics Technology NewsContainer Shipping NewsContainer lines

After pandemic shock, container shipping navigates uncharted waters

Peter Tirschwell |
The container shipping market is quickly moving on from the pandemic period and into a phase that is at once familiar but also entirely new and unpredictable, writes Peter Tirschwell.
Container Shipping NewsContainer linesNorth American portsTransport, Trade, and Regulation News

Logistics automation will work with humans, not replace them: experts

Eric Johnson, Senior Technology Editor |
Automation is already being infused into shipper and forwarder technology systems in ways that may be imperceivable to users.
Logistics Technology NewsForwardingSupply chain

WiseTech continues acquisition campaign with $414 million Blume purchase

Eric Johnson, Senior Technology Editor |
WiseTech Global is doubling down on its reach into US intermodal networks with its $414 million purchase of Blume Global three weeks after acquiring drayage tech provider Envase.
Logistics Technology NewsMaritimeForwardingInternational railIntermodal providers

GPA cuts Savannah hours, discontinuing pop-up yards amid volume decline

Ari Ashe, Senior Editor |
The Georgia Ports Authority instituted evening truck gate hours at the Port of Savannah in 2021 to combat the import surge that resulted in more than 30 vessels anchored outside its Garden City terminal.
North American portsContainer Shipping NewsMarine terminals

Canada commits up to C$50 million for digital supply chain projects

Teri Errico Griffis |
The funding commitment comes after port congestion in Western Canada last year, fueled by backlogs at key inland hubs such as Toronto and Montreal, slowed import shipments.
Port NewsInternational ports

New carrier connections heighten rate pressure on India-US trades

Bency Mathew, Special Correspondent |
Container shipping sources in India expect an even more dramatic impact on carrier pricing power in the coming weeks as new services added recently settle into the market.
Container Shipping NewsContainer linesNorth American portsInternational ports

Acquisition spree continues despite downshift in container shipping bull run

Mark Szakonyi, Executive Editor |
The container shipping industry’s profit margins are easing, but the appetite for acquisitions — from air cargo units to last-mile delivery logistics — isn’t letting up, writes Journal of Commerce Executive Editor Mark Szakonyi.
Container Shipping NewsContainer linesMarine terminalsAir Cargo Carriers NewsSupply chainLast Mile News

US flatbed trucking activity sees early regional revival: DAT

William B. Cassidy, Senior Editor |
Demand for flatbed tractor-trailers is rising along the Gulf Coast and Southeast, buoyed by project cargo, shifting freight patterns, and a warmer-than-normal winter, DAT Freight & Analytics says.
SurfaceProject cargoTrucking NewsFlatbed

Year-on-year decline in US imports from Asia accelerated in January

Bill Mongelluzzo, Senior Editor |
The West Coast’s share of US imports from Asia continued to erode last month as retailers shipped their discretionary cargo through East and Gulf coast ports to avoid potential disruption linked to ongoing labor talks.
MaritimeContainer Shipping NewsContainer linesTrans-PacificNorth American ports

Maersk culls another trans-Pac service as ship supply outstrips demand

Michael Angell, Associate Editor |
Maersk’s move is part of a raft of service changes by it and other carriers as they wind down trans-Pacific vessel capacity they quickly brought on during the pandemic-driven demand surge.
Container linesContainer Shipping NewsNorth American ports

Container leasing market slows amid ocean sector cooling: Textainer

Teri Griffis, Associate Editor |
Although some shipping lines are holding onto spare container capacity ahead of an expected pickup in demand in the second half of the year, most are finding they no longer need the quantity of containers they possessed throughout the historic, two-year surge in demand.
Container Shipping NewsContainer lines

DB Schenker, MSC lock in net-zero biofuel deal to cut shipping emissions

Greg Knowler, Senior Editor Europe |
MSC vessels that transport containers for DB Schenker will use a blend of biofuel under an agreement designed to generate substantial cuts in CO2 emissions this year.
MaritimeContainer Shipping NewsContainer linesForwardingTrans-PacificTrans-AtlanticAsia-Europe

Top container lines commit to complete shift to electronic bills of lading by 2030

Eric Johnson, Senior Technology Editor |
Major container lines have agreed to an ambitious 2030 deadline to migrate from paper bills of lading to digital versions as resistance to such initiatives weakens.
Container Shipping NewsContainer linesLogistics Technology NewsTransport, Trade, and Regulation News

Ex-Slync CEO Kirchner charged with defrauding investors of millions

Eric Johnson, Senior Technology Editor |
Federal authorities allege ex-Slync CEO Chris Kirchner took millions of dollars meant to fund the startup technology company and instead financed extravagant personal expenditures.
Logistics Technology NewsForwarding

APM plans $60 million investment to boost Mobile rail infrastructure

Michael Angell, Associate Editor |
Mobile’s inland intermodal reach is getting a boost from a planned $60 million investment by APM Terminals into the port’s container railyard.
North American portsContainer Shipping NewsNorth-American rail

Carriers, shippers seek sweet spot in post-bull market service contract talks

Bill Mongelluzzo, Senior Editor |
In negotiations leading up to the annual service contracts that will take effect May 1, container lines and importers are trying to find a new middle ground amid uncertainty as to how strong demand will be in the second half of the year.
MaritimeContainer Shipping NewsContainer linesTrans-PacificNorth American ports

HMM joins move to methanol with $1.12 billion vessel order

Greg Knowler, Senior Editor Europe |
Methanol is increasingly being seen as one of the frontrunners for shipping’s fuel of the future, with HMM the latest convert to the green energy source.
MaritimeContainer Shipping NewsContainer lines

MPV sector slows as rebalancing under way after ‘rush’ of pandemic market

Janet Nodar, Senior Editor, Breakbulk and Heavy Lift |
Short-term uncertainty and longer-term confidence are the multipurpose sector’s new normal, analysts say, after the extreme volatility of the COVID-driven market.
Breakbulk NewsBreakbulk carriersProject cargo

 ILA, USMX stake out sides as Charleston appeals Leatherman ruling

Michael Angell, Associate Editor |
The Port of Charleston’s request to overturn a ruling involving container calls to the Hugh K. Leatherman Terminal drew support from the US Maritime Alliance, but opposition from the International Longshoremen’s Association.
Longshore laborContainer Shipping NewsContainer linesNorth American ports

HMM banks solid result, but warns weak market will persist in 2023

Greg Knowler, Senior Editor Europe |
HMM joined other carriers in recording a highly positive 2022 performance, but the South Korean carrier said demand would continue to come under pressure this year.
MaritimeContainer Shipping NewsContainer linesTrans-PacificAsia-Europe

Zim adds capacity, frequency to its Asia-US East Coast service

Michael Angell, Associate Editor |
Zim’s eCommerce Baltimore Express, which makes its first US call at Baltimore, will see a capacity boost of “nearly 50 percent.”
Container linesContainer Shipping NewsNorth American ports