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Platts Containers Update
Failure of alliances to lift rates to hurt shippers long-term
Bill Mongelluzzo, Senior Editor |
If additional carriers go bankrupt, the lines that remain will quickly consolidate their power, enabling them to dictate pricing.
Container lines
Gothenburg told to invest or lose Nordic hub title
Bruce Barnard, Special Correspondent |
Sweden’s top port of Gothenburg must invest in deepening its access channel and container berths to remain a leading Nordic hub amid increased competition.
Transport, Trade and Regulation News
Port infrastructure
DP World leads productivity at top Indian port
India Special Correspondent |
DP World dramatically slashed its container dwell times at Jawaharlal Nehru Port Trust in December.
International ports
PSA volume rises despite flat Singapore traffic
Turloch Mooney, Senior Editor, Global Ports |
PSA has terminal operations in 15 countries, including multiple operations in China and India.
Marine terminals
Alibaba expands global logistics network
Greg Knowler, Senior Editor Europe |
Chinese e-commerce giant Alibaba has taken another step into the world of freight transport.
Logistics Technology News
Rising bunker prices to push up intra-Asia rates
Greg Knowler, Senior Editor Europe |
Steadily increasing bunker fuel prices will enable carriers on the intra-Asia trade to raise rates that are at unprofitable levels on some regional routes.
Container lines
Chao hearing short on US infrastructure funding details
JOC Staff |
Elaine Chao's measured responses signal shippers and transport providers shouldn’t expect massive infrastructure upgrades soon.
Trucking News
Transport, Trade and Regulation News
Ports bill paves way for deep-water Alaska port
Reynolds Hutchins, Associate Editor |
Shippers hoping to tap the small but growing Alaska market may eventually gain new access via an Arctic deep-draft port.
Transport, Trade and Regulation News
North American ports
Surge of new NVOs on US trades ending as margins tighten
Hugh R. Morley, Senior Editor |
The number of NVOs registered with the Federal Maritime Commission has more than doubled since 1999.
Logistics Technology News
No US driver detention rule to hit shippers
William B. Cassidy, Senior Editor |
US official says excessive detention of truck drivers by shippers or receivers is an issue best handled by industry, rather than government intervention.
Transport, Trade and Regulation News
Trucking News
Eimskip averts crew strike
Bruce Barnard, Special Correspondent |
Eimskip has averted a strike that was planned for next week.
Longshore labor
Labor dispute at top Swedish port intensifies
Bruce Barnard, Special Correspondent |
The long-running labor dispute at APM Terminals Gothenburg has intensified.
Longshore labor
India kicks off investment summit with port focus
India Special Correspondent |
India has kicked off a major investment summit heavily focused on the country's Sagar Mala port modernization program.
Transport, Trade and Regulation News
OOCL takeover rumors spark trading rush
Greg Knowler, Senior Editor Europe |
Takeover talk has long swirled around Hong Kong-listed OOIL, parent of OOCL, and new rumors are again seeing intense trading on the local bourse.
Container lines
Carrier-port agreement for NY-NJ chassis rejected
Joseph Bonney, Senior Editor |
FMC's action highlights friction between ocean carriers and lessors over port-wide chassis pool.
North American ports
Transport, Trade and Regulation News
Marine terminals
US truck regulators signal restraint in 2017
William B. Cassidy, Senior Editor |
The Department of Transportation’s trucking agency ‘consolidates regulatory inventory,’ puts focus on finishing, implementing existing rules as new administration takes charge.
Transport, Trade and Regulation News
Trucking News
Top Mexican ports lead modernization charge
Hugh R. Morley, Senior Editor |
Mexico’s top two container ports have ambitions of being alternatives for US-bound imports.
Air cargo surge could continue through 2017
Bruce Barnard, Special Correspondent |
The modal shift to air cargo following the collapse of South Korean container line Hanjin Shipping may have contributed to the increased demand.
Air Cargo Carriers News
Maersk adds second Iranian call
Bruce Barnard, Special Correspondent |
Maersk Line has expanded its footprint in Iran by adding a second port of call.
Container lines
Eimskip faces crew strike threat
Bruce Barnard, Special Correspondent |
Eimskip is facing a strike on its container ships next week.
Container lines
Chennai gears to shake off volume slump
India Special Correspondent |
Chennai Port hopes to kickstart a 2017 that will help it leave behind the throughput and productivity struggles of the past few years.
International ports
India unleashes 12 port projects
Turloch Mooney, Senior Editor, Global Ports |
India has established a company to oversee its Sagar Mala port-led development program and announced 12 more port projects.
Transport, Trade and Regulation News
Uncertainty delays Asia-Europe ocean contracting
Greg Knowler, Senior Editor Europe |
Market uncertainty is seeing Asia-Europe shippers and carriers sitting on the fence rather than at the service contract negotiating table.
Container lines
Restocking forecast to fuel January import surge
Dustin Braden, Shipper Relationship Manager |
Strong US retail restocking after an even better-than-expected holiday season will send a surge of container imports through ports in January.
Transport, Trade and Regulation News
North American ports
Shippers, Vancouver criticize port authority privatization
Reynolds Hutchins, Associate Editor |
Port of Vancouver president and CEO Robin Silvester has called the government-led push “a threat."
Transport, Trade and Regulation News
Slideshow: Top waves hitting ocean shippers in 2017
JOC Staff |
2016 was one of the wildest years in container shipping history, and with the industry in such a dynamic state, 2017 will likely hold its own surprises.
Maritime
Container lines
UPS enters European truckload market
William B. Cassidy, Senior Editor |
New UPS subsidiary Freightex will work closely with US-based Coyote Logistics.
Logistics Technology News
Trucking News
Truck brokers
New smuggling tactics risk to Brazil shippers
Rob Ward, Brazil Special Correspondent |
Drug smugglers are using new techniques to hide contraband among legal cargo at the port of Santos.
International ports
Alliances to curb North Europe service scale-back
Bruce Barnard, Special Correspondent |
The new alliances are likely to have only a limited effect on productivity and the number of services available to shippers at North Europe ports.
International ports
Singapore port pushes automated trucking
Turloch Mooney, Senior Editor, Global Ports |
PSA said the agreements take Singapore one step closer to the reality of autonomous freight transport.
International ports
Top Indian port doubles program target for faster imports
India Special Correspondent |
India’s busiest public container port is looking to nearly double participation in a program that dramatically speeds import discharges.
International ports
US trucking capacity crunch unlikely
Reynolds Hutchins, Associate Editor |
The “capacity crunch” is a myth.
Trucking News
Rail News
Forwarders see liner profitability years away
Greg Knowler, Senior Editor Europe |
Years of unprofitability lie ahead for carriers with excess capacity and low rates likely to drive further consolidation.
Container lines
Shippers prioritize risk mitigation in 2017
Bill Mongelluzzo, Senior Editor |
As a smaller number of ship lines ply the trans-Pacific, shippers may opt for higher rates to avoid risk.
Container lines
New alliances to challenge shippers
Bill Mongelluzzo, Senior Editor |
Ports, terminals, carriers, and shippers are preparing for significant challenges that will come from this spring’s shuffling of vessel-sharing agreements.
Container lines
US imports to rise after solid 2016, IHS economist says
Mario O. Moreno, Senior Economist, IHS Maritime & Trade |
US containerized imports stayed on an upward trend in 2016 despite strong headwinds.
Transport, Trade and Regulation News
Seattle pushes for bond for former Hanjin terminal
Bill Mongelluzzo, Senior Editor |
Port of Seattle wants MSC to post a bond guarantee before being allowed to purchase Terminal 46.
North American ports
US-Mexico transport cost to rise on fuel price hikes
William B. Cassidy, Senior Editor |
Trucking costs in Mexico may rise 8 to 14 percent, Transplace said, as carriers react to state-imposed fuel price increases.
Truckload
Explosion deals Santos shippers disruption again
Rob Ward, Brazil Special Correspondent |
Shippers using the port of Santos are grappling with delays after an explosion on Thursday afternoon.
International ports
ZPMC delivers Saint John cranes despite hurricane
Joseph Bonney, Senior Editor |
The cranes will be used by DP World, which is working with the eastern Canada port to more than double annual capacity.
Breakbulk News
Marine terminals
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