New Transpacific player.

The Containership Company (TCC), created just last fall, inaugurated its first Transpacific voyage last month. Heralded as “The Great Dragon” service, it got underway in April with...

By ·

The Containership Company (TCC), created just last fall, inaugurated its first Transpacific voyage last month. Heralded as “The Great Dragon” service, it got underway in April with its eastbound debut by sailing from the Taicang International Gateway in Jiangsu. As recently reported in LM, Jakob Tolstrup-Møller, TCC’s CEO, said that this “port-to-port service will appeal to shippers looking for a new partner and a more direct link to the vast inland manufacturing base of the Jiangsu province.” The event comes at a time when U.S. West Coast shippers are fighting to find space on inbound and price hikes have been sticking. For the first time since mid-2008, average global container freight rates experienced a year-over-year increase in late 2009, according to the Drewry Global Freight Rate Index.


Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
Improving E-Commerce Fulfillment Through Business Integration
As e-commerce continues to outpace conventional retail, companies of all sizes are finding ways to disrupt traditional business models and seize market share.
Download Today!
From the February 2017 Issue
As the new administration sends waves of uncertainly through the global trade community, this could be the best time ever for shippers to build an investment case for GTM. Here are five trends you need to watch if you’re about to put these savvy systems to work
Carrier Consolidation Keeps Shippers Guessing
Getting Value from the Cloud
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Advance your career with the fastest growing logistics certification – APICS CLTD
During this webcast presenters will give an overview of APICS and the new Certified in Logistics, Transportation and Distribution (CLTD) designation. Learn how the CLTD program can help you stay on top of current trends and advance your career.
Register Today!
EDITORS' PICKS
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...
2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...

Logistics Management’s Top Logistics News Stories 2016
From mergers and acquisitions to regulation changes, Logistics Management has compiled the most...
Making the TMS Decision: Ariens Finds Just the Right Fit
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL)...