Subscribe to our free, weekly email newsletter!



Time to look at Intra-Americas trade again

By Patrick Burnson, Executive Editor
May 13, 2014

With so much attention now being placed on trade agreements with the EU and in the transpacific, shippers may wish to take a fresh look at what one leading ocean cargo carrier is doing within the parameters of the existing North America Free Trade Agreement (NAFTA).

Starting early next year, the resurrected U.S. carrier, SeaLand, will be coming back under the auspices of Maersk Line to serve existing Intra-Americas service network. This will also shift the logistics weight to the Caribbean Basin in anticipation of the Panama Canal expansion. SeaLand was aquired by Maersk Line in October 1999.

“This reorganization is an investment in our global container business. It enhances and strengthens service in this important and growing trade region, as well as the future of our overall global service network,” says Vincent Clerc, chief trade & marketing officer, Maersk Line.

Analysts say that the Caribbean Basin Partnership Act – which was broadened more than a decade ago – may eventually be replaced by a “Free Trade Area of the Americas” act.

Russell Held, Director of Economic Development for The Port of Virginia, and a former SeaLand executive, says the trend for near-shoring is gaining traction – with a great focus on ocean carrier reliability.”

Indeed, Maersk Line’s existing Intra-Americas service network will be the foundation for SeaLand. Industry analysts contend that the new U.S. subsidiary will have similar structure to Maersk Line’s other regional carriers – including intra-Asia carrier MCC Transport and intra-European carrier Seago Line.

SeaLand will feature local sales and support personnel located in North, Central, and South America, as well as the Caribbean, to service customers throughout the region.

The new, independent unit will officially start operating next January. Meanwhile, Maersk will begin the transition of its Intra-Americas business to SeaLand in a phased approach throughout the remainder of this year.

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


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!

Recent Entries

Putting the renewed strength in the truckload market into a very positive perspective is a report issued by Avondale Partners analyst Donald Broughton, which was released yesterday. Entitled, “Q2’15 Trucking Capacity; Goldilocks Era Continues,” Broughton explained that in the second quarter only 70 truckload fleets failed, or exited the business. That number may seem high to some, but it is not, especially when you consider that the second quarter of 2014 saw more than five times as many truckload carriers, 375 to be exact, exit the business.

Global demand remains stable as packaging equipment providers of all sizes shift focus

Six straight days without a ship waiting for berth

Freight forwarders were relieved to learn yesterday that U.S. Customs and Border Protection (CBP) would be delaying its Automated Commercial Environment (ACE) implementation.

The Institute for Supply Management’s (ISM) August edition of the Manufacturing Report on Business saw its PMI, the ISM’s index to measure growth, fall 1.6 percent to 51.1, following a 0.8 percent decline to 52.7 in July. Even with the relatively slow growth over the last two months, the PI has been at 50 or higher for 31 consecutive months.

Article Topics

Blogs · Ocean Cargo · Container · Logistics · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA