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

Maersk makes dramatic move in Asia-EU trade

Posted 03/26 · 04:10 PM · LM Editorial
Oversupply of container vessels operating on the Asia – Europe trade lane has pushed Maersk Line’s container freight rates to unsustainably low levels.

Putting U.S. mariners to work

Posted 03/23 · 09:07 AM · LM Editorial
Flags of Convenience should be reigned in to provide more opportunity for U.S. mariners

Mega ocean cargo vessels not likely to stay in the Transpacific

Posted 03/22 · 08:15 AM · LM Editorial
Amid all the fanfare made yesterday with the arrival of MSC’s “mega” vessel at the Port of Oakland, industry experts remain doubtful that this signals a Transpacific trend

Measuring the Mega Ship

Posted 03/21 · 08:41 AM · LM Editorial
When one of the world’s largest cargo vessels enters San Francisco Bay today, shippers will witness a new era also being ushered in

Port of Oakland attracts “mega” container vessel

Posted 03/20 · 05:57 PM · LM Editorial
The Port of Oakland welcomes the largest containership ever to call any seaport in North America today

COSCO Americas to launch new service linking Gulf to China

Posted 03/16 · 08:45 AM · LM Editorial
In a response to shippers’ seeking sourcing alternatives, COSCO Container Lines Americas, Inc. has introduced a new service connecting Asia and the Gulf of Mexico via the Panama Canal

Port of San Francisco enhances its Foreign Trade Zone

Posted 03/16 · 08:07 AM · LM Editorial
The Alternative Site Framework program expands upon the benefits already granted within the FTZ program in an efficient way.

Transpacific carriers plan to “double down” on rates

Posted 03/14 · 02:55 PM · LM Editorial
Having played their hand on an earlier rate hike announcement, the 15 member carriers in the Transpacific Stabilization Agreement (TSA) are recommending a further increase of $400 per 40-foot container (FEU) effective April 15, 2012

Port Tracker report expects import cargo activity to pick up in March

Posted 03/13 · 12:05 PM · SCMR Editorial
Following a projected 6.8 percent annual decline in import cargo volume for February, the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates of calling for a ten percent annual gain for March.

Port Tracker report expects import cargo activity to pick up in March

Posted 03/13 · 09:22 AM · LM Editorial
Following a projected 6.8 percent annual decline in import cargo volume for February, the monthly Port Tracker report by the National Retail Federation (NRF) and Hackett Associates is calling for a 10 percent annual gain for March.

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