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

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.

CEVA opens new less-than-container load lanes to Singapore and United Arab Emirates

Posted 02/13 · 11:56 AM · LM Editorial
Taking its next steps in launching a less-than-container load (LCL) offering, global third-party logistics (3PL) services provider CEVA Logistics announced today that it has opened two new LCL lanes.
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Organized labor trumps “Occupy” in PNW

Posted 02/13 · 10:07 AM · LM Editorial
The Puget Sound’s ocean cargo gateways are under siege by lawmakers and influence-peddling Teamsters

Ocean cargo carriers plan to restore rate “integrity”

Posted 02/09 · 04:19 PM · LM Editorial
As 2012-13 contract negotiations begin, container shipping lines in the transpacific are readying themselves for tougher bargaining.

Maersk Inc. announces sale of Direct Chassis Link, Inc.

Posted 02/04 · 11:13 AM · LM Editorial
In keeping with a trend to shed assets, Maersk Inc. is selling its subsidiary, Maersk Equipment Services Company.

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