Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.
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.
Posted 04/11 · 04:28 PM · LM Editorial
The 2M Alliance - composed of Maersk Line and Mediterranean Shipping Co. - recently announced the launch of a new service, the "Lone Star Express,” between Asia and the United States Gulf and East Coasts which includes a weekly rotation at Port or Miami.
Posted 04/06 · 08:20 AM · LM Editorial
The National Customs Brokers & Forwarders Association Of America, Inc. (NCBFAA) has filed comments in response to an Advanced Notice of Proposed Rulemaking (ANPRM) from the Federal Maritime Commission (FMC) regarding Discussion Agreements and vessel sharing agreements (VSAs).
Posted 04/05 · 10:04 AM · LM Editorial
The Port of Oakland today introduced two smart phone applications that could transform containerized cargo handling at seaports.
Posted 04/04 · 03:27 PM · LM Editorial
The West Coast MTO Agreement (WCMTOA) announced today that all 13 member terminals are incapable of providing verified gross mass (VGM) weighing services that adhere to the SOLAS guidelines scheduled to go into effect on July 1.
Posted 04/01 · 04:01 PM · LM Editorial
At the 12th annual “Pulse of the Ports Peak Season Forecast,” panelists stated that cargo growth should continue through 2016 even though uncertainty remains as the economy and industry continue to evolve.
Posted 03/28 · 04:16 PM · LM Editorial
In what amounts to something of a reversal of fortune, shipper confidence in the air cargo sector appears to be gaining on that of ocean freight.
Posted 03/24 · 09:03 AM · LM Editorial
Shipping losses continue their long-term downward trend with 85 total losses reported worldwide in 2015, according to the Allianz Global Corporated & Specialty (AGCS) fourth annual Safety and Shipping Review 2016.