Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.
Posted 07/08 · 07:51 PM · LM Editorial
Having surpassed the California ports to claim the top spot in the index in 2012, the Port of New York and New Jersey ranked first again in 2013, this year by a rapidly-widening 9-point margin, followed by the ports of Los Angeles and Long Beach
Posted 07/08 · 11:23 AM · LM Editorial
With the first half of 2013 officially in the books, the most recent edition of the Global Port Tracker report from Hackett Associates and the Bremen Institute of Shipping Economics and Logistics states that minimal-to-slow growth is likely to remain intact for the foreseeable future.
Posted 07/07 · 08:23 PM · LM Editorial
Jones Lang LaSalle’s Seaport Index traces port success to infrastructure improvements, connectivity, availability of distribution center space, and proximity to population density
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.