Posted 10/14 · 09:35 AM · LM EditorialIn keeping with observations made by shipping analysts in London and Copenhagen, a major U.S. trade intelligence company said ocean carrier capacity continues to outstrip demand
Posted 10/13 · 08:10 AM · LM EditorialThe Baltic and International Maritime Council in Copenhagen forecasts inflow of new container tonnage in 2011 to be at 1.3 million twenty-foot equivalent units
Posted 10/11 · 09:47 AM · LM EditorialWhile the biggest ocean carriers seek the economies of scale from ever-larger super post-Panamax ships, they run the risk but of introducing too much capacity at the same time, thereby ruining the already fragile supply/demand balance.
Posted 10/10 · 06:38 PM · LM EditorialOcean cargo activity at the Port of New Orleans expanded earlier this month, with the announcements that CMA CGM and CSAV (Compañía Sud Americana de Vapores) have added New Orleans to the Gulf Bridge Express service, which links the Gulf Coast to the Caribbean and ports in Central and South America.
Posted 10/10 · 06:11 PM · LM EditorialAn excess of capacity on key routes, as well as poor discipline from carriers means that container shipping lines will not cover their cost of capital in 2011, and many will lose money once again.
Posted 10/07 · 03:17 PM · LM EditorialSenator Carper is one of our country’s leading public servants dedicated to advancing and growing the competitiveness of the nation’s transportation system and the maritime industry.
Posted 09/26 · 10:45 PM · LM EditorialThe timing of the decision by the U.S. Court of Appeals for the Ninth Circuit to overturn a ban on drayage owner-operators at the Port of Los Angeles could not have been better
Posted 09/26 · 10:27 PM · LM EditorialShippers and truckers hailed a decision by the U.S. Court of Appeals for the Ninth Circuit to overturn a ban on drayage owner-operators at the Port of Los Angeles late yesterday
Posted 09/25 · 08:42 PM · LM EditorialAnalysts with the Paris-based consultancy, Alphaliner, are advising shippers to cast a critical eye on ocean carrier promises for “daily cut-offs.”
Posted 09/25 · 08:05 PM · LM EditorialInbound figures provided by online market intelligence companies may be reliable, but they only tell part of the story