Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.

Measuring the Mega Ship

Posted 03/21 · 08:41 AM · LM Editorial
When one of the world’s largest cargo vessels enters San Francisco Bay today, shippers will witness a new era also being ushered in

Port of Oakland attracts “mega” container vessel

Posted 03/20 · 05:57 PM · LM Editorial
The Port of Oakland welcomes the largest containership ever to call any seaport in North America today

COSCO Americas to launch new service linking Gulf to China

Posted 03/16 · 08:45 AM · LM Editorial
In a response to shippers’ seeking sourcing alternatives, COSCO Container Lines Americas, Inc. has introduced a new service connecting Asia and the Gulf of Mexico via the Panama Canal

Port of San Francisco enhances its Foreign Trade Zone

Posted 03/16 · 08:07 AM · LM Editorial
The Alternative Site Framework program expands upon the benefits already granted within the FTZ program in an efficient way.

Transpacific carriers plan to “double down” on rates

Posted 03/14 · 02:55 PM · LM Editorial
Having played their hand on an earlier rate hike announcement, the 15 member carriers in the Transpacific Stabilization Agreement (TSA) are recommending a further increase of $400 per 40-foot container (FEU) effective April 15, 2012

Port Tracker report expects import cargo activity to pick up in March

Posted 03/13 · 12:05 PM · SCMR Editorial
Following a projected 6.8 percent annual decline in import cargo volume for February, the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates of calling for a ten percent annual gain for March.

Port Tracker report expects import cargo activity to pick up in March

Posted 03/13 · 09:22 AM · LM Editorial
Following a projected 6.8 percent annual decline in import cargo volume for February, the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates is calling for a 10 percent annual gain for March.

Ports of Seattle/Tacoma take off the gloves

Posted 03/13 · 09:17 AM · LM Editorial
“Regional cooperation” was gaining traction as a marketing tool for U.S. seaports seeking to aggregate vessel calls in the past. But a recent development suggests that it may have been just so much happy talk.

World Container Index shows sharp increase in Asia/EU trade

Posted 03/12 · 03:55 PM · LM Editorial
Container freight rates in the westbound Asia-Europe corridor increased by 114 percent this week

CEVA CEO looks to the future following record revenue in 2011

Posted 03/07 · 01:00 PM · LM Editorial
LM Group News Editor Jeff Berman recently spoke with CEVA CEO John Pattullo about the company’s first half performance and other industry-related items.

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