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...
in the NewsPeak season forecast puts Port of Oakland in positive position FTR’s Trucking Conditions Index is flat sequentially but remains positive AAR reports annual U.S. carload and intermodal gains for week ending July 15 Supplier Relationship Micro Management June Cass Freight Index report is solid More News
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!
2017 Truckload Brokerage Roundtable: Technology continues to connect the dots Cloud Transportation Management Systems (TMS): Weis Markets streamlines “both sides” of the DC door View More From this Issue