Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.
Posted 08/05 · 02:48 PM · LM Editorial
Citing the ongoing congestion issues at the Port of New York and New Jersey in recent weeks, which has significantly slowed down cargo operations at the port, National Retail Federation President and CEO Matthew Shay last week penned a letter to leadership at the Port Authority of New York and New Jersey and the New York Shipping Association, regarding the situation, which stems from the recent rollout of new computer processes by Maher Terminals, the port’s operating manager.
Posted 08/01 · 08:20 PM · LM Editorial
As executive Editor Patrick Burnson documents in this month’s Special Report, the business dynamics of ocean shipping continue to change for carriers as global supply chain practices become more strategic—putting pressure on those shippers looking to coordinate more modes in new regions around the world.
Posted 08/01 · 08:15 PM · LM Editorial
U.S. ports are planning and investing in a balanced portfolio of services to prepare for continued volume growth.
Posted 08/01 · 04:00 PM · LM Editorial
Logistics managers and non-vessel operators expect that, as ocean carriers’ cash flow gets tighter, the charter market will increasingly be used for newer, fuel-efficient vessels. The payoff for shippers will be sustainable service.
Posted 07/30 · 12:03 PM · LM Editorial
With both China and India losing ground within the Association of Southeast Asian Nations (ASEAN) this past year, it appears that tiny Singapore is regaining business from U.S. multinationals seeking a stable shipping and sourcing alternative.
Posted 07/17 · 03:25 PM · LM Editorial
INTTRA, one of the world’s largest multi-carrier e-commerce network for ocean shipping, announced that Craft Multimodal has entered into an agreement to join the INTTRA Non-Vessel Operating Common Carrier (NVOCC) network.
Posted 07/15 · 08:07 AM · LM Editorial
Despite a promising start this year, U.S. exports are failing to gain the traction needed for sustainable long-term growth.
Posted 07/12 · 03:01 PM · LM Editorial
In the not-so-distant past the great cargo seaports in our global marketplace were fairly fixed destinations, with little incentive to change.
Posted 07/12 · 09:16 AM · LM Editorial
A new inland port agreement signed this week by Governor Nathan Deal, the Georgia Ports Authority and Cordele Intermodal Services will create and expand international markets for regional business.
Posted 07/11 · 09:31 AM · SCMR Editorial
Barring a sudden shift in economic activity, United States-bound import activity is expected to remain along its current trend lines of slow growth, according to the monthly Global Port Tracker North America report from the National Retail Federation (NRF) and Hackett Associates