Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.
Posted 04/29 · 12:25 PM · LM Editorial
Shippers and other ocean cargo carrier stakeholders should be cheering the announcement made today by The U.S. Coast Guard, as it formally notified the International Maritime Organization through a Declaration of Equivalency that the United States position on SOLAS is that there are multiple methods to submit the combined cargo and container weight (Verified Gross Mass or VGM).
Posted 04/29 · 09:40 AM · LM Editorial
OCEMA says it has placed a priority on working with other stakeholders to find operational solutions that will help U.S. exporters, carriers, and marine terminals prepare for the implementation of the SOLAS Verified Gross Mass (VGM) rule.
Posted 04/27 · 11:50 AM · LM Editorial
In the wildly unstable ocean cargo carrier arena, it appears that the CKYHE Alliance is going to remain in place…for the time being.
Posted 04/25 · 08:52 AM · LM Editorial
Ocean carriers bucked a five-month downwards trend by improving container service reliability in March
Posted 04/20 · 09:33 AM · LM Editorial
CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line have signed a memorandum of understanding to form a consortia
Posted 04/19 · 08:13 AM · SCMR Editorial
When the Paris Climate Treaty is signed at the end of the week on “Earth Day,” air cargo and ocean cargo transport providers will not be among the players.
Posted 04/18 · 03:38 PM · LM Editorial
The U.S. Coast Guard may be prompted to provide more clarification on details contained in the pending Safety of Life at Sea (SOLAS) container weight rule soon, say maritime analysts.
Posted 04/12 · 04:28 PM · LM Editorial
While everyone agrees that investment in infrastructure is key, only a handful of ports will reach "mega" proportions
Posted 04/12 · 04:17 PM · LM Editorial
Infrastructure investments in America’s seaports and their intermodal connections – both on the land and in the water – are in our nation’s best interest because they provide opportunities to bolster our economy, create and sustain jobs, enhance our international competitiveness, and pay annual dividends through the generation of more than $321 billion in federal, state and local tax revenue
Posted 04/12 · 08:07 AM · SCMR Editorial
In its recent 2016-2020 Port Planned Infrastructure Investment Survey, the American Association of Port Authorities (AAPA) asked its U.S. member ports how much they and their private-sector partners plan to spend on port-related freight and passenger infrastructure over the next five years. The answer was a whopping $154.8 billion.