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Platts Containers Update
US West Coast ports target better flow
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
US West Coast ports focus on operational improvements.
North American ports
Near-sourcing in wind energy to impact breakbulk growth
Joseph Bonney, Senior Editor |
A gale of change is blowing in the wind energy industry, a growing market that’s a project cargo mainstay.
Breakbulk News
US bill reintroduced to prevent labor slowdowns, disruptions
Reynolds Hutchins, Associate Editor |
The same legislation was introduced once before without ever making it out of the Senate.
Longshore labor
Transport, Trade and Regulation News
North American ports
Trailer Bridge extends Dominican Republic niche service
Joseph Bonney, Senior Editor |
Trailer Bridge is developing a new niche with 53-foot containers on a twice-weekly service to Santo Domingo
Container lines
Eastbound trans-Pac spot rates fall ahead of spring restock
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Steady slide in eastbound Pacific spot rates should be coming to an end.
Container lines
Schneider, largest private US trucking firm, launches IPO
William B. Cassidy, Senior Editor, Trucking |
An infusion of capital from a stock offering would help Schneider expand services, update equipment, and acquire companies.
Truckload
Hapag-Lloyd missing out on rising spot freight rates
Bruce Barnard, Special Correspondent |
Hapag-Lloyd said it’s facing a challenging start to 2017.
Container lines
PSA International volume rises, profit drops
Turloch Mooney, Senior Editor, Global Ports |
The global terminal operator handled 67.63 million twenty-foot-equivalent units last year.
Marine terminals
Rhenus acquires 40 percent of Arkon Shipping
JOC Staff |
Arkon Shipping manages a fleet of more than 120 seagoing vessels.
Breakbulk News
Japan orders Yusen to shut down customs operations
Tomoo Yatsuhashi, Japan Special Correspondent |
Japanese authorities have ordered Yusen Logistics Co. to completely suspend its customs clearance operations.
Transport, Trade and Regulation News
DP World Cochin upbeat despite trade concerns over tariff hike
India Special Correspondent |
DP World is brimming with confidence about future prospects in the emerging Asian economy.
International ports
Indian dockworkers threaten strike to block port reform
India Special Correspondent |
India’s major ports face a fresh threat of labor stoppages.
International ports
Transport, Trade and Regulation News
Asia-Europe spot rates ease even on tight space
Greg Knowler, Senior Editor Europe |
The Asia-Europe spot market was flat this week, and although Europe-China prices have fallen in the past two weeks, the eastbound rate remains well above the levels reached last year.
Container lines
Shippers seek China-Europe rail option from forwarders
Greg Knowler, Senior Editor Europe |
China-Europe rail is appearing as a regular service offered by forwarders as BCOs begin including the overland route in their requests for quotations.
International rail
Container lines defend against collusion suspicion
Reynolds Hutchins, Associate Editor |
The Department of Justice declined to say why CEOs of major carriers were served subpoenas March 15 at the biannual Box Club meeting in San Francisco.
Container lines
Transport, Trade and Regulation News
Eddie Stobart, top UK trucker, unveils IPO plan
Bruce Barnard, Special Correspondent |
The IPO comes three years after the Stobart Group took Eddie Stobart private to pay down debts.
Trucking News
US truck regulators drop rulemaking, put CSA in limbo
William B. Cassidy, Senior Editor, Trucking |
The future of the Compliance, Safety, Accountability or CSA program increasingly is in doubt.
Transport, Trade and Regulation News
Trucking News
Trucker blockade adds to Brazilian meat shippers' woes
Rob Ward, Brazil Special Correspondent |
Brazilian meat shippers have suffered another blow.
International ports
Proposed California container fee would hit BCOs
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
The fee proposed by the South Coast Air Quality Management District on March 3 would generate as much as $1.1 billion annually.
North American ports
Chinese ports start 2017 strong
Turloch Mooney, Senior Editor, Global Ports |
China’s container ports got off to a strong start in 2017.
International ports
Russia investigates suspected rolling stock cartel
Eugene Gerden, Russia Special Correspondent |
Russian antitrust authorities raided offices and seized documents Wednesday.
International rail
IAG Europe-Asia traffic soars on container capacity shortage
Bruce Barnard, Special Correspondent |
Freight volumes have surged 23 percent in the first two months of 2017.
Air Cargo Carriers News
Container lines
Shippers take to the skies to beat Europe-Asia space constraints
Greg Knowler, Senior Editor Europe |
BCOs are looking to air freight as an alternative to shipping cargo from North Europe to Asia as ocean space remains tight.
Air Cargo Forwarder News
Air Cargo Carriers News
Container lines
Global container trade growth accelerates
Bruce Barnard, Special Correspondent |
Traffic began to take off in the second half of the year.
Container lines
Countries ban Brazilian meat imports after contamination
Rob Ward, Brazil Special Correspondent |
The scandal revolved around a federal police investigation that translates to “The Flesh is Weak.”
Transport, Trade and Regulation News
US judge allows Hanjin creditor to sell container interests
Hugh R. Morley, Senior Editor |
A federal judge has allowed a bank to foreclose on and sell its interest in more than 1,500 Hanjin Shipping containers to repay the bank for owed lease payments.
Logistics Technology News
Marine terminals
VIDEO: Alphliner's Tan sees capacity-demand balance in 2019
JOC Staff |
Alphaliner executive consultant Hua Joo Tan's speech at the 17th annual TPM Conference took a look at where ocean capacity currently stands in relation to demand.
Container lines
FedEx Freight LTL pricing up despite flat demand
William B. Cassidy, Senior Editor, Trucking |
FedEx Freight's latest quarterly earnings show LTL rates rising in the early months of 2017.
LTL
EU delays Maersk-Hamburg Sud decision to weigh concessions
Bruce Barnard, Special Correspondent |
The decision on the deal, said to be worth around $4 billion, was due on March 27.
Transport, Trade and Regulation News
Thessaloniki port privatization moves forward
Bruce Barnard, Special Correspondent |
The bids for a 40-year operating concession will be submitted to the London office of US investment bank Morgan Stanley.
International ports
Shippers fear disruption from new alliance rollout
Greg Knowler, Senior Editor Europe |
A smooth rollout is not expected.
Container lines
Rates soar on space-constrained Europe-Asia trade
Greg Knowler, Senior Editor Europe |
It is not only dry containers where freight rates are heading for the stars.
Container lines
Impact of Belt and Road big but hard to quantify
Turloch Mooney, Senior Editor, Global Ports |
Beyond the headline numbers of multi-billion-dollar investments, Belt and Road is an opaque concept.
Transport, Trade and Regulation News
Breakbulk News
JNPT free trade zone draws US interest
India Special Correspondent |
The SEZ is designed with a 494-acre site for processing activities and a 190-acre zone for non-processing operations.
International ports
Shippers increase spend with largest US trucking firms
William B. Cassidy, Senior Editor, Trucking |
Shippers spent more on dedicated trucking and last-mile deliveries last year, benefiting top tier carriers. Will industrial and consumer freight follow in 2017?
LTL
DOJ’s carrier investigation targets ‘gray area’ of oversight
Mark Szakonyi, Executive Editor |
The Department of Justice is targeting a “gray area” between its authority and that of the Federal Maritime Commission.
Container lines
Transport, Trade and Regulation News
New alliance uncertainty slowing trans-Pac contracting
Bill Mongelluzzo, Senior Editor, Trans-Pacific |
Pace of service contracting should heat up as soon as final questions about new carrier alliances are answered.
Container lines
Crowley launches first LNG-fueled ship for Puerto Rico trade
Joseph Bonney, Senior Editor |
El Coqui slid into the water Monday.
Container lines
VIDEO: Multiple avenues to shipper-carrier cooperation
JOC Staff |
One theme that popped up in a number of panel discussions at the JOC's 17th Annual TPM Conference was a changing of the paradigm that defines relationships between carriers and shippers.
Container lines
2017 Warehousing Service Providers Directory
JOC Staff |
A directory of more than 150 warehousing service providers across the United States.
Industrial Real Estate News
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