Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.
Posted 06/18 · 04:09 PM · LM Editorial
Is this is just the beginning of China’s “showing muscle” on the world stage?
Posted 06/18 · 03:59 PM · SCMR Editorial
The potential P3 partners – comprising ocean cargo giants Maersk, MSC, and CMA CGM – may have believed that they were just steps away from realizing their “network” dream. But industry insiders suggest that China’s veto power should not have been dismissed so quickly.
Posted 06/18 · 03:17 PM · SCMR Editorial
News that China’s Ministry of Commerce has withheld its approval of the P3 Network – comprising the world’s three largest ocean cargo carriers – may give shippers a reason to consider the viability of such an arrangement to begin with. Can the Chinese be right about fearing a rate-fixing monopoly?
Posted 06/17 · 05:37 PM · LM Editorial
China's Ministry of Commerce – citing anti-trust concerns – noted that the P3 Netword would control 47% of the Asia-to-Europe container shipping market, and failed to demonstrate that it would bring more benefit than harm to shippers’ interest.
Posted 06/05 · 08:07 AM · SCMR Editorial
Port of Oakland Director of Maritime John C. Driscoll has now been at his post for nearly a year. In this exclusive two-part interview, he shares some of the lessons he’s learned so far, and relates his vision for the future.
Posted 06/04 · 04:15 PM · LM Editorial
Our trading partners have long maintained that expanding screening with available technology would slow the flow of commerce and drive up costs to consumers without bringing significant security benefits
Posted 05/27 · 08:50 AM · LM Editorial
The United States Senate last week signed off on H.R. 3080 The Water Resources Act of 2014 by a 91-7 margin last week. The bill will now head to the White House to be signed into law by President Obama, which is widely expected by industry stakeholders.
Posted 05/18 · 05:27 PM · LM Editorial
Transpacific container lines continue to experience a surge in eastbound bookings that began in January and is expected to continue into the second half of 2014
Posted 05/18 · 05:23 PM · SCMR Editorial
Ocean cargo carriers recommend May rate increase and June peak season surcharge to cover contingencies
Posted 05/14 · 08:00 AM · SCMR Editorial
Ahead of negotiations between the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA), which began this week in San Francisco, a letter to ILWU President Robert McEllrath and PMA Chairman and CEO James McKenna pleaded the case for the sides to come to an agreement ahead of the June 30 contract deadline for West Coast dockworkers.