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Breakbulk Quarterly Intelligence
Platts Containers Update
Carriers’ on-time performance improves, but lags last year
Dustin Braden, Shipper Relationship Manager |
The most reliable carrier in the quarter was Wan Hai.
Container lines
Container lines set for stronger year for volume and pricing
Greg Knowler, Senior Editor Europe |
Carriers on the Asia-Europe trade are heading for a vastly improved year.
Container lines
Japan's Big Three carriers profitable as industry rebounds
Tomoo Yatsuhashi, Japan Special Correspondent |
The positive earnings statements come less than a month after the three established Ocean Network Express.
Container lines
Seaspan’s Gerry Wang to step down
Bruce Barnard, Special Correspondent |
The New York Stock Exchange-listed company said it has begun the search for a new CEO.
Container lines
Strong demand pulls Amsterdam Schiphol to air cargo record
Bruce Barnard, Special Correspondent |
Schiphol’s second-quarter results are the latest in a string of strong performances by European airports and cargo airlines.
Air Cargo Forwarder News
American Airlines boosts Europe truck footprint
Bruce Barnard, Special Correspondent |
The carrier said its multiple nightly truck operations boost capacity and route options for shippers.
Air Cargo Carriers News
Trucking News
New rubber-tire gantries to push up JNPT productivity
India Special Correspondent |
Jawaharlal Nehru Container Terminal (JNCT)'s new cranes are the first part of a Rs. 182 crore (roughly $28 million) contract for 15.
Marine terminals
How to boost US container exports
Mark Szakonyi, Executive Editor |
It is going to take government support and new business practices to boost US exports, and even then, it is going to be tough haul.
Transport, Trade and Regulation News
US exports rebounding on weaker dollar
JOC Staff |
US containerized exports are on the upswing, a boon not just to shippers of goods and commodities such as cotton and poultry, but also to the railroads, marine terminals, and container lines hungry to ship anything but empties to Asia.
Transport, Trade and Regulation News
Asia-Europe spot rates tick up on growing demand
JOC Staff |
The higher Asia-Europe rates, as well as trans-Pacific rate strength seen this week will help carriers end the year with $5 billion in profit.
Container lines
ILWU vote promises five years of US West Coast labor peace
Bill Mongelluzzo, Senior Editor |
The subject of a contract extension was first raised in March 2015 at the JOC’s annual TPM Conference.
Longshore labor
North American ports
Trans-Pac spot spike signals peak season in gear
Bill Mongelluzzo, Senior Editor |
Eastbound trans-Pacific spot rates this week surged by double-digits.
Container lines
Spiking traffic helps drive OOCL’s double-digit pricing power gain
Dustin Braden, Shipper Relationship Manager |
The double-digit second-quarter volume and revenue growth will come as good news to OOCL’s prospective new owner, China Cosco Shipping Holdings.
Container lines
Matson to add US-flag route between Hawaii, Marshall Islands
JOC Staff |
Carrier acquires 707-TEU ship to operate on the route.
Container lines
New Orleans port moves closer to wharves-for-railroad swap
Joseph Bonney, Senior Editor |
Port CEO Brandy Christian called the agreement a “win-win”.
North-American rail
Breakbulk News
North American ports
APMT Mumbai monsoon recovery almost complete
India Special Correspondent |
Local shipping sources also told JOC.com that truck lines leading to the terminal have now shortened considerably.
International ports
Hitachi Transport System starts fiscal year strong
Tomoo Yatsuhashi, Japan Special Correspondent |
Group net profit soared 45 percent year over year.
Logistics Technology News
Air France-KLM cargo turnaround on track
Bruce Barnard, Special Correspondent |
The Franco-Dutch carrier transported 286,000 tonnes (315,261 tons).
Air Cargo Carriers News
IAG cargo, revenues grow
Bruce Barnard, Special Correspondent |
First-half traffic grew 1.2 percent to 330,000 tonnes.
Air Cargo Carriers News
Crowley introduces door-to-door parcel service to Cuba
JOC Staff |
Crowley Maritime operates three monthly sailings with 16-hour transits to Mariel, Cuba, from Port Everglades, Florida.
Container lines
Chicago drayage drivers’ unpaid tolls cost shippers
Reynolds Hutchins, Associate Editor |
Shippers are shouldering the cost of a sudden and often unexplained increase in unpaid tolls racked up by independent drayage drivers.
Truckload
Rail News
Drayage
Mexican truckers plead for crackdown on cargo theft surge
Hugh R. Morley, Senior Editor |
Mexican trucking companies are urging lawmakers to stiffen penalties against cargo robberies.
Truckload
Transport, Trade and Regulation News
Gulf resin exports face heavy-container surcharge
Joseph Bonney, Senior Editor |
Surcharge comes as ports, carriers prepare for surge in synthetic resin exports.
Container lines
New ways to reduce container booking no-shows emerge
Hugh R. Morley, Senior Editor |
At its heart, the container shipping system is driven by uncertainty, hurting shippers and carriers alike.
Logistics Technology News
Maritime
Container lines
Panama Canal wins back traffic lost to Suez Canal
Bruce Barnard, Special Correspondent |
The opening of the new locks in June 2016 shifted the competitive advantage back to the Panama Canal.
International ports
Container lines
EU outlaws tax breaks for Belgian, French ports
Bruce Barnard, Special Correspondent |
The EU’s executive said it is also assessing tax breaks for other ports in the 28-nation bloc.
Transport, Trade and Regulation News
Portland asking hard questions on future in containers
Bill Mongelluzzo, Senior Editor |
Portland will have a better idea of the types of container business it can attract back to the port by year-end.
North American ports
Maritime
Container lines
Storms disrupt Mundra intermodal rail services
India Special Correspondent |
The disruption at Mundra is the latest weather-related complication for Indian shippers.
International rail
Finnlines' run of record profits continues
Bruce Barnard, Special Correspondent |
Finnlines posted the best first-half results in its history.
Container lines
Crowley beats XPO for $2.3B defense contract
Joseph Bonney, Senior Editor |
The DOD’s US Transportation Command (Transcom) confirmed the contract this week.
Container lines
Ocean Alliance leads pack in Asia import gains on US trades
Bill Mongelluzzo, Senior Editor |
Carriers large and small battle for market share and profits in the Pacific.
Container lines
APMT Mumbai regaining speed after monsoon fury
India Special Correspondent |
APMT Mumbai is the largest facility in Jawaharlal Nehru Port Trust.
Marine terminals
CMA CGM seals deal for Cameroon’s Kribi port
Bruce Barnard, Special Correspondent |
“The latest dock and gantry cranes will be put into service in the coming weeks so that operations can start rapidly.”
Marine terminals
Sri Lanka OKs controversial China Merchants Port deal
Turloch Mooney, Senior Editor, Global Ports |
China Merchants Port Holdings also owns and operates Colombo International Container Terminal.
International ports
Costamare eyes deals as income dips
Bruce Barnard, Special Correspondent |
Costamare’s earnings slipped in the second quarter.
Container lines
Bolloré expands in Persian Gulf via Saudi joint venture
India Special Correspondent |
“This collaboration will intensify Bolloré Logistics' development in the Middle East.”
Logistics Technology News
Breakbulk News
‘K’ Line sells SAL Heavy Lift to Combi Lift owner
JOC Staff |
Harren & Partner are aiming for “light-touch” integration with SAL Heavy Lift.
Breakbulk carriers
NY-NJ port considers projects to expedite cargo
Hugh R. Morley, Senior Editor |
The projects would allow shipments to avoid routes that are routinely highly congested, and can take hours to complete on a bad day.
North American ports
No slowdown in strong air cargo demand, June figures show
Greg Knowler, Senior Editor Europe |
Air cargo growth for Asian carriers in June continued its robust growth on the back of solid international trade.
Air Cargo
Air Cargo Carriers News
Cosco resumes Shanghai trading after 10-week suspension
Greg Knowler, Senior Editor Europe |
Shares of Cosco Shipping have finally begun trading again in Shanghai after being suspended since May.
Maritime
Container lines
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