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Platts Containers Update
Port Freeport to build railyard for industrial park
Joseph Bonney, Senior Editor |
The site, known as Parcel 14, is part of the port’s effort to expand its container and vehicle shipment business.
North American ports
Breakbulk News
New capacity tempts industry to ignore Hanjin lessons
Mark Szakonyi, Executive Editor |
The wake-up call to the cost of unsustainably priced freight sent by the demise of Hanjin Shipping may be short-lived.
Container lines
LA-LB ports repurposing land to aid truckers
Bill Mongelluzzo, Senior Editor |
The landscape at many ports is changing rapidly.
Drayage
North American ports
Indian short-sea carriers recover
India Special Correspondent |
Coastal cooperation with domestic peers could be a major driver of that liner turnaround.
Container lines
Joint US-Mexican rail facility to speed trains at Laredo
William B. Cassidy, Senior Editor |
US and Mexican Customs officials at a KCS-built facility will work to speed growing cross-border rail traffic at Laredo.
Intermodal providers
Chittagong doubles demurrage fees to fight congestion
Syful Islam, Bangladesh Special Correspondent |
The Chittagong Port Authority (CPA) has doubled the penalty for containers kept in its yards past free time.
International ports
Maersk Group sells oil and gas business
Bruce Barnard, Special Correspondent |
Copenhagen-based Maersk has been seeking to reduce its exposure to the energy market.
Container lines
Valencia ousts Algeciras as top Spanish port
Bruce Barnard, Special Correspondent |
Valencia likely will slip to second place behind Algeciras in the second half of the year.
International ports
NYSHEX gains three new carriers, more funding
Hugh R. Morley, Senior Editor |
The new investment brings its total venture capital funding to $13 million.
Container lines
Logistics Technology News
JNPT blames private rail operators for lengthy dwell times
India Special Correspondent |
The issue threatens the hard-won gains from a government initiative to lower logistics costs for domestic shippers.
International rail
Massive capacity injection heading to Asia-Europe trade
Greg Knowler, Europe Editor |
Carriers will have to reduce services or risk upsetting the supply demand balance as a massive injection of capacity is delivered between now and 2019.
Container lines
Rotterdam shines, but European rivals keep up the fight
Bruce Barnard, Special Correspondent |
The port of Rotterdam has consolidated its position as Europe's leading container port after several years of sluggish growth.
International ports
Outpacing Miami in trans-Atlantic gains, Everglades snags service
Reynolds Hutchins, Associate Editor |
As of Aug. 16, Port Everglades has replaced Miami on the TA1/NEUATL1.
North American ports
LA's Seroka: Southern California gateway strategy needed
Bill Mongelluzzo, Senior Editor |
“We are taking a gateway view.”
North American ports
Trans-Pacific spot rates hold despite surging volume
Bill Mongelluzzo, Senior Editor |
At least three carriers have pre-filed general rate increases.
Container lines
Road signs point to trucking price hikes ahead for US shippers
William Cassidy |
Does an atypically "robust" summer for US freight demand signal higher road and rail rates ahead for shippers?
Truckload
LTL
Truck brokers
Wheat suppliers shun Bangladesh amid port congestion
Syful Islam, Bangladesh Special Correspondent |
There were 12 vessels waiting to enter the port Friday morning.
International ports
Flexport asset push revs up fight against top 3PLs
Chris Barnett, Special Correspondent |
At this point, Flexport is the only digital freight company wading into physical logistics.
Logistics Technology News
TOTE to enter Hawaii market against Matson, Pasha
Joseph Bonney, Senior Editor |
The move would heighten competition in a key US domestic market.
Container lines
Falling backhaul volume drives up Asia-Europe imbalance
Greg Knowler, Europe Editor |
After getting off to such a strong start that rates soared and space on ships ran out, exports from Europe to Asia fell steadily in the second quarter.
Container lines
Rotterdam-Rhine-Alpine rail route shut down, barges delayed
Bruce Barnard, Special Correspondent |
Diversion routes in Germany are also out of service because of engineering work, threatening further delays at Europe’s top container port.
International rail
Intermodal providers
Indian dockworkers back off Friday strike threat
India Special Correspondent |
Indian dockworker labor unions and the chief labor commissioner reached a tentative last-minute agreement Thursday, averting an Aug. 18 strike.
Longshore labor
Transport, Trade and Regulation News
Asia-Europe rates dip as August increases lose traction
Greg Knowler, Europe Editor |
Spot rates on Asia-Europe fell slightly this week as carriers and shippers regroup in the second half of a relatively solid peak season.
Container lines
GE-LA productivity project expanding portwide
Bill Mongelluzzo, Senior Editor |
Port of Los Angeles and GE Transportation will expand their pilot program across the entire port to establish a single electronic platform through which port users can share shipment information in a secure environment.
North American ports
Maritime
Logistics Technology News
Container lines
Brazil’s Log-In reels from boxes lost overboard, lower volume
Rob Ward, Brazil Special Correspondent |
Log-In Logistica is reeling following the loss of 47 containers into the sea and a decline in volumes in the second quarter.
Container lines
Russia considers ending Belt and Road rail cooperation
Eugene Gerden, Russia Special Correspondent |
The dispute focuses on efforts to modernize the Trans-Siberian Railway.
International rail
Transport, Trade and Regulation News
Roadrunner to sell Unitrans as it reconfigures 'portfolio'
William B. Cassidy, Senior Editor |
The $95 million sale of cold-chain specialist Unitrans follows months of consolidation and rebranding at the multimodal transport operator.
LTL
Global port volume heads for a six-year high
Greg Knowler, Europe Editor |
Container throughput at the world's major ports was up sharply in the first half, driven by rising volume being reported by carriers.
Maritime
Port Houston adds space at Bayport terminal
Joseph Bonney, Senior Editor |
After the new yard’s scheduled opening next July, the port authority will take over TLT’s current 14-acre site.
North American ports
New alliances unevenly impact Hamburg as traffic stalls
Bruce Barnard, Special Correspondent |
The stagnant traffic was also due to the delay in deepening the river Elbe.
International ports
Strong demand keeps DFDS rally rolling
Bruce Barnard, Special Correspondent |
The increase in earnings was driven mainly by higher freight traffic on North Sea and Baltic Sea routes.
Logistics Technology News
Idle fleet sticks despite strong cargo demand
Bruce Barnard, Special Correspondent |
The idle container ship fleet has crept slightly higher.
Container lines
JOC Top 50 LTL Carriers: Small carriers, fast growth
William B. Cassidy |
The fastest-growing LTL carriers in 2016 were far from the largest.
LTL
CP’s new Detroit-Vancouver service aimed at auto parts, grain
Reynolds Hutchins, Associate Editor |
The new seven-day-a-week service was announced on Aug. 14 after a trial period with Hapag-Lloyd.
North-American rail
Port Freeport resin packaging center targets Latin America
Joseph Bonney, Senior Editor |
The Freeport project comes as several polymer plants in Texas and Louisiana prepare by early 2018 to begin production.
North American ports
UK forwarders: Brexit customs proposal short on details
Greg Knowler, Europe Editor |
UK government's first paper on its Brexit plans to outline ways to handle customs procedures in the future, but more information is required.
Supply chain
CMA CGM-NYSHEX pact offers US exporters peak season reliability
JOC Staff |
The offering starts Aug. 27 and lasts eight weeks.
Container lines
Logistics Technology News
Maersk drops market share pursuit to focus on profitability
Greg Knowler, Europe Editor |
After chasing market share during the rate wars of 2016, Maersk Line is now concentrating on maintaining profitability in the recovering market.
Container lines
New pact with China could propel rice to major US export
Joseph Bonney, Senior Editor |
A new bilateral agreement could open China’s huge market to US rice as early as next year.
Container lines
Indian dockworkers again threaten strike over port reforms
India Special Correspondent |
Union representatives and officials from the chief labor commissioner have had several rounds of negotiations.
Longshore labor
Transport, Trade and Regulation News
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