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Cordero’s mission: Stop Long Beach cargo bleed
Bill Mongelluzzo, Senior Editor |
Mario Cordero last month returned to his hometown of Long Beach with a singular mission.
North American ports
Mexico latest to fine ro-ro carriers for collusion
Hugh R. Morley, Senior Editor |
The collusion increased prices for the country’s growing auto industry between 2009 and 2012.
Breakbulk News
US Supreme Court jump-starts ELD countdown
William B. Cassidy, Senior Editor |
Trucking outfits and shippers that delayed preparing for electronic logging will have to accelerate plans as Supreme Court rejects appeal of ELD rule.
Transport, Trade and Regulation News
Trucking News
LTL
Truckload
Truck brokers
Rates rise as carriers juggle capacity across trades
Bruce Barnard, Special Correspondent |
Freight rates are soaring.
Container lines
MPC Container Ships raises fresh capital
Bruce Barnard, Special Correspondent |
The Oslo-based company said it will spend the cash on buying additional feeder ship.
Container lines
Eimskip snaps up Danish freight forwarder
Bruce Barnard, Special Correspondent |
SHIP-LOG’s management team will retain 25 percent of the company’s shares and will manage its operations.
Container lines
Cool Cargo News
DP World in talks for major Lagos port development
Turloch Mooney, Senior Editor, Global Ports |
The project would involve greenfield and brownfield container and bulk terminals.
Marine terminals
Carriers use Oman feeder services to move cargo into Qatar
Greg Knowler, Senior Editor Europe |
Carriers are finding ways to get around the boycott of Qatar that was imposed by its Arab neighbors.
Maritime
First container terminal opens at India's Ennore port
India Special Correspondent |
The capacity addition will add excess to a market that has become oversupplied.
Marine terminals
DHL promises seaborne shipment visibility
Hugh R. Morley, Senior Editor |
The platform can give real-time visibility to the location of freight.
Logistics Technology News
Itajai port reopens after three-week closure
Rob Ward, Brazil Special Correspondent |
The closure caused heavy losses for shippers, carriers, and terminal operators.
International ports
Maritime
Container lines
East-west spot rates retreat after advance
Bill Mongelluzzo, Senior Editor |
Spot rates on the major east-west trade lanes this week retreated after a brief uptick.
Container lines
Legislation would give FMC more alliance muscle and money
Reynolds Hutchins, Associate Editor |
US lawmakers have introduced legislation that would expand the powers and the purse strings of the FMC to “oversee and intervene” on behalf of port service providers.
Transport, Trade and Regulation News
Container lines
Record, but slower, growth predicted for US imports
Hugh R. Morley, Senior Editor |
US retailers are expecting US import volumes to hit record levels in the coming months.
Transport, Trade and Regulation News
Maritime
Container lines
North American ports
New chassis business model would cut costs, trucker says
Bill Mongelluzzo, Senior Editor |
In the United States, there was basically one chassis model from the beginning of containerization in the 1950s until 2009.
North American ports
Trucking News
Drayage
Marine terminals
Analysis: China to shape international trade via Belt and Road
Tony Padilla |
The largest and most ambitious global infrastructure project is China’s Belt and Road Initiative, and the United States is falling behind.
Transport, Trade and Regulation News
Maritime
CMA CGM, APL launch new India-Med services
Bruce Barnard, Special Correspondent |
CMA CGM and its APL unit are launching two new services linking the Mediterranean, the Arabian Gulf, and the Indian Subcontinent.
Container lines
Fortune 500 highlights e-commerce impact on US logistics
William B. Cassidy, Senior Editor |
As e-commerce reshapes fulfillment and transportation, the effects are evident among logistics companies that make the Fortune 500 list of largest US companies.
Trucking News
Rail News
Myanmar awards contracts for cranes at new Thilawa terminal
Tomoo Yatsuhashi, Japan Special Correspondent |
Thilawa has become an important maritime gateway for Myanmar.
International ports
Marine terminals
Maersk launches time-definite Visakhapatnam-Nepal rail
India Special Correspondent |
The end-to-end transport solution introduced in conjunction with rail operator Container Corporation of India (Concor) includes all cargo processes.
International ports
Rail News
International rail
Japan takes stake in Cambodia’s Sihanoukville Port
Tomoo Yatsuhashi, Japan Special Correspondent |
Sihanoukville is Cambodia’s largest and only deep-sea port.
Transport, Trade and Regulation News
Heineken brews biofuel barge plan to cut emissions
Turloch Mooney, Senior Editor, Global Ports |
The fuel does not require any modification to vessels and emits 25 percent less carbon dioxide (CO2) than standard marine fuel.
International ports
Chittagong shippers face further delays from EU mandate
Syful Islam, Bangladesh Special Correspondent |
The lack of equipment needed to screen cargo at the country’s busiest port of Chittagong is likely to compound already extensive congestion there.
Transport, Trade and Regulation News
Maritime
Air Cargo
Container lines
Fresh capacity to keep pressure on US West Coast rates
Bill Mongelluzzo, Senior Editor |
Carriers will have a more difficult time maintaining rate increases on their services to Los Angeles-Long Beach this peak season than elsewhere in the eastbound Pacific.
Container lines
Maritime
CMA CGM trims carbon footprint
Bruce Barnard, Special Correspondent |
As companies institute sustainability goals to woo investors and consumers, the shipping industry is becoming more transparent about its carbon emissions.
Container lines
Brazil largely unscathed by customs strike, truck delays remain
Rob Ward, Brazil Special Correspondent |
While port operations are largely normal, cross-border trucking is still heavily impacted.
Transport, Trade and Regulation News
Trucking News
New Orleans port to take over switching railroad
Joseph Bonney, Senior Editor |
The future of the New Orleans Public Belt Railroad has been a top concern of port officials and businesses for nearly two years.
North-American rail
North American ports
Southwest India shippers turn to Cochin for transshipment
India Special Correspondent |
Volume reached a new monthly high of 47,000 TEU in May.
International ports
DP World’s UAE terminals not servicing Qatari vessels
Turloch Mooney, Senior Editor, Global Ports |
The move comes amid a diplomatic row between Qatar and four of its neighbors.
Marine terminals
Maritime
Container lines
Seattle-Tacoma cranes to aid mega-ship handling
Hugh R. Morley, Senior Editor |
The Seattle-Tacoma alliance will purchase an additional four cranes to enable its ports to better handle mega-ships.
North American ports
Marine terminals
Port Everglades adds cranes to large-scale investment
Reynolds Hutchins, Associate Editor |
The new low-profile gantry cranes cost a total of $41.4 million and come with an option for the port to purchase an additional three cranes anytime within five years.
North American ports
Marine terminals
New tech helps shippers pump up 'volume LTL'
William B. Cassidy, Senior Editor |
With API tool, logistics technology company project44 aims to help shippers find capacity for lower-cost "volume LTL" shipments.
LTL
Logistics Technology News
Carriers poised to profit from higher trans-Pac contracts
Bill Mongelluzzo, Senior Editor |
Spot rates in the eastbound Pacific this year have been running 30 to 60 percent higher than at this time last year.
Container lines
Bangladesh port expands as shippers avoid Chittagong
Syful Islam, Bangladesh Special Correspondent |
The port forecasts traffic will grow to 339,000 TEU by 2019 and 2020.
International ports
Mammoet lifts big pieces for Sasol plant in Louisiana
Joseph Bonney, Senior Editor |
Heavy-lift specialist Mammoet has completed the lifting and positioning of the two largest units of an $8 billion Sasol ethane cracker and related plants that will add to exports of polyethylene resins from the US Gulf region.
Forwarding
Breakbulk News
Chennai port gains from rail push
India Special Correspondent |
Chennai’s rail share in the first two fiscal months was slightly higher than that in the same period of 2016.
International ports
Russia finds St. Petersburg terminal guilty of price fixing
Eugene Gerden, Russia Special Correspondent |
The guilty ruling allows shippers impacted by the practices to seek financial compensation from the stevedores via Russian courts.
Marine terminals
Transport, Trade and Regulation News
Sliding container ship charter rates signal capacity restraint
Bruce Barnard, Special Correspondent |
Rates for ships more than 5,500 TEU are “nose-diving,” and the 7,500- to 11,000-TEU segment has been hit by a “sudden meltdown”.
Container lines
Carriers suspend all container bookings to and from Qatar
Greg Knowler, Senior Editor Europe |
No container bookings are being accepted to and from Qatar as carriers try to mitigate the diplomatic row that has essentially isolated the Persian Gulf state.
Maritime
Ships calling Xiamen face inspections ahead of summit
Turloch Mooney, Senior Editor, Global Ports |
China announced new security and inspection measures for vessels calling at the southeastern port of Xiamen.
Transport, Trade and Regulation News
Maritime
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