Current news, information and trends in the ocean freight industry covering freight lines, carriers, logistics and classification.
Posted 07/16 · 08:10 AM · LM Editorial
New evidence that U.S. West Coast ports are losing market share to ports in the East and some Gulf regions surfaced in a new report issued by Zepol, a global trade and intelligence provider.
Posted 07/15 · 08:09 AM · LM Editorial
In a development certain to resonate with logistics managers, the Federal Maritime Commission has just released a report entitled U.S. Container Port Congestion & Related International Supply Chain Issues: Causes, Consequences & Challenges.
Posted 07/13 · 08:11 AM · SCMR Editorial
This is the first of a two-part interview with Philip Damas
Director - Supply Chain Advisors, Drewry Maritime Research
Posted 07/09 · 09:16 AM · LM Editorial
A toxic mixture of overcapacity, weak demand and aggressive commercial pricing is threatening liner shipping industry profitability for the rest of 2015, according to the Container Forecaster report published by global shipping consultancy Drewry.
Posted 07/09 · 09:11 AM · SCMR Editorial
Dire reports on the health of the ocean cargo carrier industry may be understated, say some analysts.
Posted 07/08 · 09:37 AM · LM Editorial
The container-shipping industry has been highly unprofitable over the past five years, note analysts with McKinsey & Company. Making things worse, earnings have been exceptionally volatile.
Posted 07/01 · 10:00 PM · LM Editorial
In the best year for the freight transportation industry since the Great Recession, logistics managers chalk up efficiencies that drive further U.S. economic growth. However, capacity issues persist, causing shippers to worry about rate hikes as carriers continue to be meticulous in their partnerships.
Posted 07/01 · 09:35 PM · LM Editorial
The container shipping industry has been highly unprofitable over the past five years, note analysts with McKinsey and Company. Making things worse, earnings for ocean carriers have been exceptionally volatile.
Posted 07/01 · 05:00 PM · LM Editorial
With the expansion of the canal scheduled for early 2016, many shippers are hoping that ocean cargo efficiency will be greatly enhanced. However, experts are of mixed minds on whether this will indeed be the panacea all industry stakeholders are seeking.
Posted 06/17 · 08:45 AM · LM Editorial
Oakland handled 213,260 cargo containers last month. That was the most since it reported volume of 216,276 containers in August 2011.