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

Port of New York and New Jersey reports record 2011 volumes

Posted 02/20 · 02:16 PM · LM Editorial
In 2011, the port handled 5.5 million TEU (Twenty-foot equivalent units), which is 4 percent better than 2010 and topped the previous record from 2007.
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January volumes are down at the Port of Long Beach

Posted 02/17 · 10:54 AM · LM Editorial
Total January volume was 474,960 TEU, which was down 3.9 percent annually.

Ocean carrier rate structure leaves futures markets shaky

Posted 02/16 · 05:48 PM · LM Editorial
The uncertainty over the level of container freight rates in the next few months has severely disrupted trading on the freight futures market, said analysts at the Paris-based consultancy, Alphaliner.

Port Tracker calls for nearly 7 percent decline in February shipments

Posted 02/16 · 11:13 AM · LM Editorial
February import cargo volume is expected to be down 6.8 percent on an annual basis, according to the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates.

Container shipping’s “rate uncertainty” has impact on futures market

Posted 02/16 · 11:00 AM · SCMR Editorial
The uncertainty over the level of container freight rates in the next few months has severely disrupted trading on the freight futures market, said analysts at the Paris-based consultancy, Alphaliner

Humanitarian relief is key to container shipping mission

Posted 02/15 · 07:03 PM · LM Editorial
Social critics of globalization have long characterized the container shipping industry as a villainous partner in the oppression of the world’s most needy. But here’s another example that counters that perception.

APL Logistics announces new shipping planning platform

Posted 02/15 · 06:42 PM · LM Editorial
APL Logistics today launched what it is calling “Simultaneous optimization” – a shipment planning platform that could change the way large freight buyers coordinate their transportation activities

Port of Los Angeles posts best output ever for the month of January

Posted 02/15 · 01:29 PM · LM Editorial
Cargo activity at the Port of Los Angeles got off to a great start, with the port announcing earlier today that its January total of 698,715 TEU (Twenty-foot Equivalents) represents its best January ever recorded, topping January 2007, which reached 691,602 TEU.

Ports dredging for dollars

Posted 02/14 · 10:50 AM · LM Editorial
There was some good news and bad news coming for U.S. port authorities today. President Obama’s fiscal 2013 budget contained a bit of both.

Significant rise in U.S. inbound ocean cargo

Posted 02/13 · 12:13 PM · LM Editorial
According to a leading trade intelligence report, inbound ocean cargo calls increased at all top ten U.S. ports last month.

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