Looks can be deceptive. Terminal operators, a very visible component of container shipping, are often the first to be criticized by BCOs and truckers when there are delays in delivering cargo. But they have no control over the various transport modes that bring cargo to them.
More from Bill Mongelluzzo
Space is so tight today in the eastbound Pacific that some beneficial cargo owners are paying higher than spot rates to get their shipments on vessels leaving Asia. However, there is a qualifier to...
The uptrend in US imports, in line with the US/global expansions, continued in June, but shippers remain cautious, and there are objective, geopolitical reasons why they are not celebrating.
Historically, when warehouse/industrial rental rates increase at near double-digit levels, it reduces demand. However, as the US economic expansion continues, that is not occurring, especially near...
The E*Dray platform will enhance the ability of beneficial cargo owners and their truckers to aggregate containers into peel-off piles at the ports — and with the new system the potential is there...
Strong US import volume is at the heart of the rise, and there are other signs of strength, but what’s the evaluation of the early move by industry professionals?
As of now, scrap/agriculture exporters and ocean carriers are in two parallel universes concerning whether space exists on ships heading to Southeast Asia and the Indian subcontinent.
Cosco Shipping Lines was able to contain the damage from last week’s cyber attack to its operations in the Americas, and cargo handling in the United States, Canada, and South America at its marine...
The ongoing uptrend is noteworthy because, historically, the largest increases in spot rates often occur in August, usually the busiest month of the peak shipping season, and October, the last month...
As Cosco continues to guide its customers through email transmissions for the booking of cargo, there was good news on Wednesday.
Since Cosco’s overseas operations have not been affected, communication with US offices is able to take place, although at a slower pace, a key Cosco official said Tuesday.
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