Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.
Posted 07/03 · 07:19 PM · LM Editorial
Despite rates having fallen by 41% since New Year, carriers are poised to increase capacity from Asia to East Coast South America by more than 20% - seemingly a recipe for continued rate declines.
Posted 07/02 · 03:08 PM · LM Editorial
Ocean cargo carriers comprising the Transpacific Stabilization Agreement (TSA) have announced a guideline peak season surcharge (PSS) of $400 per 40-foot container from Asia to all U.S. destinations, effective August 1.
Posted 07/01 · 09:00 PM · LM Editorial
New state of logistics translates into new opportunities for shrewd managers who can leverage their unique skills and solid transportation relationships into value for their companies.
Posted 07/01 · 08:59 PM · LM Editorial
Our panel of market insiders put the new business dynamics of ocean shipping into perspective and help shippers better understand how to manage their cargo on now roiling seas.
Posted 07/01 · 08:30 PM · LM Editorial
Not a sprint, it’s a marathon
Posted 07/01 · 09:00 AM · LM Editorial
Looking for a great way to kick off your summer reading? Well, look no further than page 28. Once again, we’ve devoted a sizable portion of our July issue to putting the Annual State of Logistics Report into context for shippers.
Posted 07/01 · 08:00 AM · LM Editorial
In last month’s column I focused on the volatility of domestic intermodal rail. I cautioned that shippers should expect pressure in major routes associated with import and export because ocean rates are in turmoil as world markets adjust to new capacity and an uneven economic recovery.
Posted 07/01 · 06:00 AM · LM Editorial
This year marks the centennial anniversary of the opening of the Panama Canal. And as I write, laborers are expanding the canal so that it can accommodate vessels that are 25 percent longer, 53 percent wider, and whose draft is 23 percent deeper.
Posted 06/26 · 04:27 PM · LM Editorial
A cautiously optimistic outlook based on realigned expectations, as well as the United States returning to the top of the rankings, are the themes of the 2013 A.T. Kearney Foreign Direct Investment Confidence Index, a regular measure of senior executive sentiment at the world’s largest companies.
Posted 06/19 · 08:32 AM · LM Editorial
The money is for maintaining America’s deep-draft navigation channels and harbors and is as part of the U.S. Army Corps of Engineers’ fiscal 2014 funding bill.