Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.
Posted 10/31 · 08:29 AM · LM Editorial
A confluence of ongoing events, including the debt crisis hitting exports, domestic sales and consumer confidence and imports, which have added to declining trade volumes, has led to a recession being formally declared in the European Union, according to the most recent edition of the Global Port Tracker report.
Posted 10/19 · 08:56 AM · LM Editorial
Some shippers are using Matson’s China service as an alternative to air freight, clearly an option that delivers significant value for their supply chains.
Posted 10/19 · 08:48 AM · LM Editorial
Miami-Dade County announced that the contracting phase of its project to deepen the Port of Miami’s channel to minus 50 feet has begun
Posted 10/11 · 03:04 PM · LM Editorial
While executives in the container-shipping industry would probably like to forget 2011, the resiliency of industry players will prove itself once again, said analysts at the Boston Consulting Group.
Posted 10/03 · 09:50 AM · LM Editorial
In anticipation of the Panama Canal expansion if 2014, the fight for market share of inbound shipping remains fierce among U.S. ports
Posted 10/01 · 05:04 PM · LM Editorial
Renewed market discipline has helped the world’s leading ocean carriers to restore rates while delivering on enhanced service. Could this be the “turnaround year” on the high seas?
Posted 09/26 · 08:25 AM · LM Editorial
Transpacific shippers will be facing a new wave of price hikes next year, as carriers collectively agree on a future rate structure
Posted 09/21 · 12:04 PM · LM Editorial
Zepol Corporation, a leading trade intelligence company, reports that U.S. import shipment volume for August, measured in twenty-foot equivalent units (TEUs), is down from July by 3 percent and 0.3 percent from August of 2011
Posted 09/19 · 11:55 AM · LM Editorial
A new white paper from global real estate firm Jones Lang LaSalle (JLL) explains how an increase in U.S. exports is driving the need for more U.S.-based strategic inland ports.
Posted 09/18 · 06:28 AM · LM Editorial
With Peak Season, or at least the semblance of it underway, August volumes at the nation’s two largest ports—the Port of Los Angeles (POLA) and the Port of Long Beach (POLB)—were mixed in August.